King Edward Park Homes for Sale
Visit King Edward Park homes for sale for current active home, duplex and condo listings in this Mill Creek Ravine area neighbourhood of south Edmonton. Year to date, the average sale price for a house in King Edward Park has reached $419,599. That average selling price in King Edward Park, is substantially up from the 2013 average sale price of $345,426. The reason for this drastic increase has a lot to do with the increased number of infill homes (newly built homes replacing tear down homes) that have been built in the neighbourhood recently. These average selling price values are based on what a single family detached homes sold for in King Edward Park, the other types of properties such as duplexes or condos are not included in these statistics. In the high end / luxury price segment of the King Edward Park Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $777,000. That particular sale was for a 2200 square foot infill home. The home was a two story with a fully finished basement and a double garage. In the entry level price point for King Edward, the most affordable house in 2014 has sold for $261,000. That home was a smaller 800 square foot home on a large lot with 50 feet of frontage. This sale was a fixer upper but it was also in multiple offers and sold for higher than list price. It is taking 34 days on average to sell a home in King Edward Park year to date in 2014, that is very close to the Edmonton average days on market in 2014 of 36 days. Since 2005, real estate property values in King Edward have increased by a staggering 130%.
More and more duplex style homes have been built recently in King Edward Park. In the King Edward Park Edmonton duplex and townhouse market, the average sale price in 2014 for a duplex/townhouse has been $460,305 and the average time to sell a duplex has been 35 days in the neighbourhood. The highest selling price for a duplex in King Edward was $650,000, and the most affordable duplex sold for $312,000.
Finally, moving over to the King Edward Park condo market, this market segment now has an average selling price year to date in 2014 of $235,421. It is taking on average 109 days to sell a condo in King Edward this year. The condo complexes that have had units sell in them this year in King Edward Park Edmonton include: Avenue Place, King Eddy, Southwind Manor and The Whistler