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Jason Thomas BCom
Royal Lepage Summit Realty
2611 Ellwood Dr S.W., Edmonton, Alberta
P: 780.499.5696
F: 780.431.1600

Tuesday, February 25, 2014 - Lynnwood Homes for Sale

Lynnwood Homes for Sale

Visit Lynnwood homes for sale to find all listings in this west end of Edmonton neighbourhood.  The average sale price for a home in Lynnwood in 2014 so far is $394,666.  That is a big jump from 2013 when the average selling price for a single family detached house in Lynnwood was only $353,673.  This average is based on less than two months of sales in 2014, so we will have to wait and see if the neighbourhood can maintain this pace.  The highest price that a home sold for in Lynnwood in 2013 was $480,500, and at the other end of the price range, the most affordable home sold in the neighbourhood for $220,000.  On average, the time it took to sell a home in Lynnwood in 2013 was 41 days.  That is pretty close to the Edmonton average days on market of 44 days last year. 

Lynnwood has become a higher in demand area as prices continue to climb in neighbourhoods it borders such as Rio Terrace and Laurier Heights.  Lynnwood is also across 87 avenue from one of the highest ranked schools in Edmonton, Stratford. Stratford is a K to 9 school just off 87 avenue and was ranked number 2 in Edmonton in the Fraser Institute's most recent study.  This fact, combined with easy access to the Whitemud Freeway and the trails in the North Saskatchewan River valley all add to Lynnwood's popularity.

Lynnwood homes for sale

posted in Edmonton Real Estate Market Reports by Neighbourhood at Tue, 25 Feb 2014 22:20:46 +0000



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