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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

Friday, March 21, 2014 - Top Edmonton Neighbourhoods that sell fastest

Top Edmonton Neighbourhoods that sell the fastest

A good way to see how popular a neighbourhood is, is to consider the average days on market, or in other words how long it takes to sell a home on average.  In 2013, the Edmonton average time to sell a single family detached house was 44 days.  The fastest selling neighbourhoods in Edmonton, actually sell twice as fast. Considering all Edmonton neighbourhoods that had 4 or more single family detached house sales in the last 12 months (Up to the end of February 2014).  I've included the top 20 below.

  1. Malmo Plains 18.6 days to sell
  2. Central MacDougall 18.7 days to sell. 
  3. Brander Gardens 19.4 days to sell
  4. Eaux Claires 20.8 days to sell
  5. Hillview 21.1 days to sell
  6. Kildare 22 days to sell
  7. West Jasper Place 22.2 days to sell
  8. Virginia Park 22.8 days to sell
  9. Royal Gardens 23.5 days to sell
  10. Garneau 23.9 days to sell
  11. Aspen Gardens 24.7 days to sell
  12. Capilano 25 days to sell
  13. Idylwylde 25.6 days to sell
  14. Holyrood 25.8 days to sell
  15. Queen Alexandra 26.2 days to sell
  16. Britannia Youngstown 26.3 days to sell
  17. Terrace Heights 26.5 days to sell
  18. Lendrum Place 26.6 days to sell
  19. Maple 27.5 days to sell
  20. Elmwood 27.5 days to sell

Most of the neighbourhoods are on the south side (13 out of the 20 are south side areas).  Central MacDougall is a new one to the list, and it is up at number 2.  This is a central Edmonton area that traditionally has been more affordable.  The downtown arena project could be helping with this neighbourhood's strength.

posted in Edmonton Real Estate Market Reports by Neighbourhood at Fri, 21 Mar 2014 01:22:56 +0000



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