Lynnwood Homes for Sale

Lynnwood Homes for Sale

Click Lynnwood homes for sale for current active MLS® listings of houses, duplexes, townhomes and condos for sale in this west central Edmonton neighbourhood.  For the year 2014, Lynnwood has seen the average selling price for a home finish the year over $400,000, Lynnwood managed to average $402,395.  That selling price is up from the 2013 average selling price in Lynnwood of $353,673.  That is a very strong increase of 13.8% and outperformed the Edmonton average price increase of 5.8%.  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.  Lynnwood is a popular area that is bordered by expensive neighbourhoods such as Rio Terrace and Laurier Heights.   Looking in more detail to the stats, in the upper end price market segment of Lynnwood Edmonton, the highest price that a home sold for in 2014 was $661,000.  That particular home was an extensively renovated home that backed onto Lynnwood Ravine.   At other end of the market, in the entry level price range for Lynnwood, the most affordable priced home sale in the neighbourhood sold for $312,000.  This home was roughly 1050 square feet, had a fully developed basement but was a fixer upper. On average it took 34 days to sell a home in Lynnwood last year. This is about a week faster than the Edmonton average days on market of 41 days in 2014. Going back to 2005, Lynnwood real estate property values have went up by 82%. 
 

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