EDMONTONREAL ESTATEMARKET REPORTFebruary 2014

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Venture Realty

Curtis WendelPh: 780-257-2878Email: cwendel@live.caWeb: www.curtiswendel.com

Market Status

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board

+6.0+3.0

+3.5 +5.5

+4.0 +5.0+4.5

6.2

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Buyer’s

Buyer’smonthsof inventory

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board

Market Status (13 months history)No. of months of inventory

1

2

3

4

Jan.2014

Feb.2014

BUYE

R’S

MAR

KET

NEUT

RAL

MAR

KET

SELL

ER’S

MAR

KET

3.93

3.19

Mar.2014

2.62

Apr.2014

2.46

May2014

2.58

Jun.2014

2.68

Jul.2014

2.81

Aug.2014

3.15 2.89 2.98

Set.2014

Oct.2014

3.15

Nov.2014

3.97

Dec.2014

5

6 6.20

Jan.2015

Average Prices

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board

Compared to LAST MONTH,homes areselling for

Month to Month Year to Year

Dec2014

$358,045

Jan2015

$362,394

Jan2014

$349,284

Jan2015

City of Edmonton average SOLD price

Compared to LAST YEAR,homes areselling for

more+3.8%Edmonton

more+1.2%

$362,394

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board

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Month to Month Year to Year

Dec2014

$429,713

Jan2015

$427,178 $414,040

Jan2014

Jan2015

$427,178

Single family homes average SOLD price

Compared to LAST MONTH,single family homes areselling for

Compared to LAST YEAR,single family homes areselling for

more+3.2%

Single Familyless

–0.6%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board

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Month to Month Year to Year

Dec2014

$245,161

Jan2015

$247,116 $247,116

Jan2014

$234,143

Jan2015

Apartment condo average SOLD price

Compared to LAST MONTH,apartment condos areselling for

more

Compared to LAST YEAR,apartment condos areselling for

more+5.5%+0.8%

lessCondos

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board

$336,154

Month to Month Year to Year

Dec2014

$355,311

Jan2015

$388,939 $388,939

Jan2014

Jan2015

Townhouse average SOLD price

Compared to LAST MONTH,townhouses areselling for

Compared to LAST YEAR,townhouses areselling for

moreTownhouses+15.7%

more

+9.5%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board

Prices in $ and Price movement in percentage

200

0

100

300

400

500

Years - Residential Average Price

14 years average of price increase for city of Edmonton is 8.54%2004

+8.50%

179,6

10

2005

+7.98%

193.9

34

2006

+29.38%

250,9

15

2007

+35.04%33

8,826

2008

–1.75%

332,9

05

2009

–3.75%

320,4

16

2010

+3.76%

332,4

78

2011

–1.41%

327,7

952012

+3.48%

339,1

972013

+2.89%

349.0

13

2014

+5.19%

367,1

23

YTD

2015

-1.29%

362,3

94

Inventory

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board

23161788

Month to Month Year to Year

Dec2014

Jan2015

2316931

Jan2014

Jan2015

NEW listings

Compared to LAST MONTH,there are

morenew listings

+148.8%

Compared to LAST YEAR,there are

morenew listings

+29.5%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board

0

4,000

3,000

2,000

1,000

6,000

Jan.2014

Active listings Sold listings

5,000

899

3,537

Feb.2014

1,224

3,906

Listing inventory & SOLD (13 months history)

Mar.2014

1,687

4,413

Apr.2014

1,996

4,910

May2014

2,187

5,634

Jun.2014

2,132

5,704

Jul.2014

1,994

5,609

Aug.2014

1,695

5,334

Set.2014

1,664

4,812

Oct.2014

1,503

4,473

Nov.2014

1,239

3,906

Dec.2014

806

3,059

Jan.2015

666

4,132

Transactions Data

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board

Month to Month Year to Year

Dec2014

26.35%

806 SOLDout of

3,059 listed

Jan2015

Jan2014

25.42%

666 SOLDout of

4,132 listed

899 SOLDout of

3,537 listed

Jan2015

16.12% 16.12%

666 SOLDout of

4,132 listed

Odds of selling(Percentage of Homes Sold VS Listings)

Compared to LAST MONTH,the odds of selling decreasedby

Compared to LAST YEAR,the odds of selling decreasedby

-38.83% -36.33%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board

Month to Month Year to Year

DOM58

DOM60

DOM58

DOM55

Average Days on Market

Jan 2014

Jan 2015

Dec 2014

Jan 2014

Compared to LAST MONTH,homes are selling

slower

Compared to LAST YEAR,homes are selling

faster-5.2% +3.4%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: Edmonton Real Estate Board

1 Mil-1.5 Mil

1.5 Mil-2 Mil

2 Mil -2.5 Mil

2.5 Mil -3 Mil

3 Mil -3.5 Mil

2,000

0

1,000

3,000

5,000

4,000

6,000

Over3.5 Mil

600,000 -699,999

700,000 -799,999

800,000 -899,999

900,000 -999,999

400,000 -499,999

500,000 -599,999

300,000 -399,999

Less than$200,000

200,000 -299,999

91

13.66%22.07%

147

16.22%

108

8.56%

573.90%

261.35%

90.30%

20.60%

4 40.00%

00.15%

10.00%

00.00%

00.00%

0

32.58%

217

Numbers of Homes SOLD by Price Range

Total SOLDhomes YTD

666

0.60%