Friday, 16 January 2015

Mayliewan Homes for Sale

Mayliewan Homes for Sale

Visit Mayliewan homes for sale for current active MLS® listings of houses, duplexes, townhomes and condos for sale in this Edmonton neighbourhood that is also known as Cherry Grove.  Last year, the average selling price for a home in Mayliewan finished the year at $428,304.  That selling price is up from the average selling price in 2013, that year Mayliewan was selling on average for $414,594.  That translates into a year over year increase in Mayliewan of 3.3%. That yearly increase wasn't quite as high as the Edmonton average selling price increase which was 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.  Looking at the statistics closer in the upper end price market segment of Mayliewan Edmonton, the highest price that a home sold for in 2014 was $630,000.  That home sale was roughly 2500 square feet with a fully finished basement and it was sitting on a pie lot.  At the other end of the price range, in the entry level market for Mayliewan, the most affordable priced home sale in the neighbourhood sold for $280,000.  This starter home was roughly 800 square feet and it did not have a garage, it was a front to back four level split on a narrower lot.  On average it took 37 days to sell a home in Mayliewan in 2014. This is a couple days faster than the Edmonton average days on market of 41 days in last year. Going back to 2005, Mayliewan real estate values have increased by 61%. 
 
Lastly, in the Mayliewan condo market, the average selling price in 2014 was $352,500 with an average time to sell a condo of 39 days in Mayliewan last year.  The condo complexes that have had units sell in them last year in Mayliewan were: Cherrywood Village and All Pine Village
 
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