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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

Thursday, September 4, 2014 - King Edward Park Homes For Sale

King Edward Park Homes for Sale

Click Here for all King Edward Park homes for sale in the Mill Creek Ravine area of Edmonton.  The average selling price for a home in King Edward Park,  year to date in 2014 has been $420,507.  The average selling price in King Edward Park is substantially higher than the 2013 average selling price of $345,426 in King Eddy.  King Edward Park tends to sell just under  the Edmonton average selling price.  The selling price average statistics are calculated by looking at what a single family detached home sold for in the neighbourhood, the other styles of homes like  duplexes or condos are not included in these stats.  In King Edward Park, at the upper end of the market, the highest price that a home sold for so far in 2014 has been $777,,000.  That sale was for an infill home that was over 2200 square feet.  At the other end of the price range, the most affordable home in King Edward Park sold for $261,000.  That sale was for a smaller 800 sq foot home.  On average it is taking 34 days to sell a home in King Edward, that is a few days faster than the overall Edmonton average time to sell in 2014 of 38 days.  Since 2005, property values in King Edward have risen by a strong 130% 

In the King Edward Park duplex market in 2014, the average sale price has reached $462,750 so far year to date. The majority of the duplex sales were of infill properties that were newer than 2008.  On average, it is taking 30 days to sell a duplex in King Edward Park this year.  The highest priced duplex that has sold in King Edward Park this year sold for $650,000, and the most affordable duplex this year sold for $312,000.

Moving over to the condo market in King Edward, the average selling price for a condo so far in 2014 has been $239,530.  The time it takes to sell a condo in King Edward Park has been 114 days so far in 2014.  The condominium complexes that have had units sell in them in King Edward Park over the last 12 months include: Avenue Place, King Eddy, Southwind Manor and The Whistler.

King Edward Park homes for sale

posted in Edmonton Real Estate Market Reports by Neighbourhood at Thu, 04 Sep 2014 19:06:21 +0000



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