Thursday, 18 September 2014

Grovenor Homes for Sale

Grovenor Homes for Sale  

Visit Grovenor  homes for sale for all active listings in this west central area of Edmonton.  Year to date in 2014, the average selling price for a home in the Grovenor area this year has reached $411,652.  This is up from 2013 and also higher than 2012.  Grovenor's average selling price dipped down to $356,839 in 2012.  The average selling price in Grovenor does tend to fluctuate depending on the proportion of homes that have sold in the Capital Hill area (closer to Mackinnon ravine) versus the north part of Grovenor.  There are also more and more infills being built in this convenient west central neighbourhood which tend to skew the average sold price.   These average selling price values are created by looking at what a single family detached home sold for in the neighbourhood, the other styles of homes such as duplexes or condominiums are not included in these statistics  At the high end of the market in Grovenor, the most that a home has sold for in 2014 has been $852,500.  That sale was for an executive bungalow style home in the Capitol Hill area of Grovenor.  Moving over at the other end of the price range for the neighbourhood, the most affordable home in Grovenor so far in 2014 sold for $270,000.  That sale was for a small 700 square foot home.   On average it is taking 41 days to sell a home in Grovenor this year, and that is just a little slower than the Edmonton average time to sell in 2014 which has been 38 days.  Over the past several years going back to 2005, the property values in Grovenor Capitol Hill area have appreciated by 102%.

Looking at the Grovenor condo market, the average selling price for a condo year to date in 2014 has been $370,928.  On average, it has taken 54 days to sell a condo in Grovenor in 2014.  The condominium complexes that have had units sell in them in Grovenor over the last 12 months include: Carlton Villa Estates, the Grovenor Courtyard, Grovenor Place, McKinnon Estates, and Stone Point Executive Condominiums. 


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