Monday, 19 January 2015

Orchards at Ellerslie Homes for Sale

Orchards at Ellerslie Homes for Sale

Visit Orchards at Ellerslie Homes for sale for the current active MLS® listings of houses, duplexes, townhomes and condos for sale in this South Edmonton neighbourhood.  In 2014, the average selling price for a home in Orchards at Ellerslie finished the year selling on average for $497,951.  That selling price is up from the average selling price in the Orchards in 2013, at that time Orchards at Ellerslie was selling on average for $435,576.  That translates into a year over year increase in Orchards at Ellerslie of 14%. That yearly increase was much stronger than 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 high end price market segment of Orchards at Ellerslie Edmonton, the highest price that a home sold for in 2014 was $716,000.  That sale was of a newly built 3000 square foot home with a triple garage.   At the other end of the price range, in the entry level market for the Orchards, the lowest priced home sale in the neighbourhood sold for $356,300. This home was a brand new 1260 square foot two story without a garage. On average it took 48 days to sell a home in the Orchards in 2014. This is a week slower than the Edmonton average days on market of 41 days in last year. Going back to 2011, the Orchards at Ellerslie property values have appreciated by 44%.  

In the duplex market in Orchards at Ellerslie, the average sale price for a duplex in 2014 was $335,427.  On average, it took 32 days to sell a duplex in the Orchards. 


Lastly, in the Orchards at Ellerslie condo market, the average selling price in 2014 was $274,932 with an average time to sell a condo of 61 days in the Orchards last year.  The condo complexes that have had units sell in them last year in the Orchards were: The Grove Townhomes
 
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