Thursday, 2 October 2014

South Terwillegar Homes for Sale

South Terwillegar Homes for Sale 

Visit South Terwillegar Homes for Sale for active home listings in this southwest Edmonton neighbourhood. The average selling price for a house in South Terwillegar so far year to date is $458,555.   This is down from the 2013 average sold price of $469,744.  The reason for the dip in the price is that the percentage of homes in Terwillegar South that sold this year with a back lane (RPL lot) were higher in proportion to 2013's sales.  Roughly 1/2 the sales were homes with back lanes this year, versus only 40% of the sales in 2013 were homes with bake lanes.  The average selling price stats are based on what a single family detached house sold for in the neighbouhood, the other types of homes namely duplexes or condos are not included in these statistics. In the upper end price segment of the Terwillegar South Edmonton real estate market, the highest price that a home sold for so far in 2014 has been $825,000. This home was over 3000 square feet with a fully developed basement and was located in a cul de sac.  Having a look at the entry level of the price range in South Terwillegar, the most affordable home this year has sold for $357500.  That home was a smaller 2 story style home that was roughly 1100 square feet without any basement development, although the home did have a double garage with back lane access.    It is taking 34days on average to sell a home in South Terwillegar so far in 2014, that is a little faster than the Edmonton average days on market in 2014 of 39 days.  Since 2005, real estate property values in South Terwillegar have increased by 74%.

In the South Terwillegar Edmonton duplex and rowhouse market, the average sale price in 2014 for a duplex/rowhouse has been $360,633 with an average time to sell of 31 days.  

Lastly, looking at the South Terwillegar condo market, the average selling price for a condo year to date in 2014 has been $262,350. On average, it is taking 46 days to sell a condo in the neighbourhood this year. The condo complexes that have had units sell in them over the last 12 months in this southwest Edmonton neighbourhood include: Axxess at Terwillegar, Brindavan Estates, Mosaic Encore, Mosaic Towne Square, Ospin Terrace, Park Place South Terwillegar, Sandlewood Place, South Terwillegar Village, Terasun Gardens, Terwillegar Commons, Terwillegar Terrace and Village at Terwillegar Towne

Post a Comment