Lorelei Homes for Sale
Lorelei Homes for SaleClick Lorelei Homes for sale for the current active MLS® listings of houses, duplexes, townhomes and condos for sale in this North end of Edmonton neighbourhood. Last year, the average selling price for a home in Lorelei finished the year at $365,011. That selling price is up from the average sale price in 2013, that year Lorelei was selling on average for $339605. That translates into a year over year increase in Lorelei of 7%. That yearly increase was more than the Edmonton average selling price increase of 5.8% year over year. These average selling price values above are based on a single family detached home sale; the other property classes such as duplexes or condominiums are not included in these average selling price values. Having a look at the statistics in the upper end price market segment of Lorelei Edmonton, the highest price that a home sold for in 2014 was $427,500. That home sale was an almost 1900 square foot four level split. The home had been extensively renovated including a maple kitchen. At the other end of the price range, in the entry level market for Lorelei, the most affordable priced home sale in the neighbourhood sold for $295,000. This home was roughly 1100 square feet and it did not have a garage. On average it took 44 days to sell a home in Lorelei in 2014. This is a couple days slower than the Edmonton average days on market of 41 days in last year. Going back to 2005, Lorelei real estate values have increased by 78%.
In the duplex / rowhouse market in Lorelei, the average selling price for a duplex finished off 2014 at $262,800. On average it took 23 days to sell a duplex in Lorelei last year.
Lastly, in the Lorelei condo market, the average selling price in 2014 was $222,684 with an average time to sell a condo of 33 days in Lorelei last year. The condo complexes that have had units sell in them last year in Lorelei were: Beaumaris Square, Castlewoods, Homestead House, Lorelei Close, and Northridge
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