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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, December 23, 2010 - Grovenor Real Estate Market Edmonton

Grovenor is a shoulder area that borders some of the most expensive homes in Edmonton. Having Glenora and Crestwood as neighbours certainly helps bring the property values up! Over the years selling homes in Grovenor, I have enjoyed watching the area transition from one of high rental homes to one of owner occupied dwellings. The first graph shows the average sale price per sq ft going back to the first quarter of 2009 for Grovenor detached homes. As you can see, the price per sq ft has been fairly steady in the $300-$340 range this year in Grovenor. The average tends to bounce around a bit as there are often quarters where less than 5 homes have sold in Grovenor.

The average days on market graph below shows an increase, which could indicate more of a buyer's market for Grovenor. The average of 55 days to sell in Grovenor is almost identical to Edmonton's average this quarter.

For more detailed information on the Grovenor real estate market please don't hesitate to contact me.

posted in Edmonton Real Estate Market Reports by Neighbourhood at Thu, 23 Dec 2010 18:25:08 +0000



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Data last Updated: 2024-07-12 at 11:16:08 GMT America/Edmonton
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