Thursday, 9 October 2014

Garneau Condos for Sale

Garneau Condos for Sale 

View Garneau condos for sale for active condo listings in this University of Alberta Edmonton neighbourhood. The average sale price for a low rise apartment style condo in the Garneau Edmonton neighbourhood year to date is currently sitting at $329,492.    The Garneau average selling price is up from 2013, in that year Garneau  had an average sold price of $295,120.    In Garneau, roughly 55% of the sales this year were of low rise apartment condos, these are buildings 4 stories or less.   In the high rise apartment condo market of Garneau, the average selling price in 2014 has reached $352,020.  The townhouse/rowhouse style of condo in Garneau makes up a smaller percentage of sales, there have been only 8 sales this year.  The average sale price for a townhouse in Garneau in 2014 is sitting at $376,912.  Having a look at the entry level of the price range in Garneau, the most affordable condo this year has sold for $159,500.  That condo was a studio style unit in a condominium that was converted from a rental apartment back in 2006.  It is taking 52 days on average to sell a low rise apartment condo in Garneau so far in 2014, that is roughly the same as the Edmonton average days on market in 2014 of 50 days.  High Rise apartment condos in Garneau are taking 60 days to sell in 2014, and the townhome style of condos are selling on average in 49 days. The highest sale price for a condo in Garneau in 2014 has been $900,000.  This sale was for a penthouse condo that was close to 2500 square feet. 

In the Garneau duplex and rowhouse market, these would be units that do not have condo fees, the average sale price in 2014 for a duplex/rowhouse has been $653,333 with an average days on market of 40 days.  Looking at the single family detached housing market in Garneau, the average sale price in 2014 is currently $509,029 with an average time to sell of 22 days. 

 The condo complexes that have had units sell in them so far in 2014 in the Garneau Edmonton neighbourhood include: The Andross, The Caledon, Campus Court, Claridge House, Faculty House, Garneau Gates, Garneau Lofts, Garneau Manor, Garneau Mews, The Garneau, Garneau Trendz, Hampton Village, High Level Crossing, Hycourt, Manhattan Lofts, Mountain Ash Manor, Norfolk on Whyte, Properties on Whyte, Riverwind, The Rutherford, Strathcona House, Suffolk on Whyte, University Plaza and Varscona Tower.


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