Friday, 23 January 2015

Queen Mary Park homes for sale

Queen Mary Park Homes for sale

Click here for Queen Mary Park homes for sale for the active MLS® listings of houses, duplexes, townhomes and condos for sale in this central Edmonton neighbourhood.  In 2014, the average selling price for a house in Queen Mary Park Edmonton finished the year selling for $361,659.  Comparing that to the year before, the year over year increase of property values in Queen Mary Park increased by 22%!  In 2013 the average selling price in Queen Mary Park Edmonton was much lower at $326,317.   In Edmonton, property values also increased but only by 5.8% from 2013 to 2014.  This jump in property values in Queen Mary Park can likely also be attributed to the Blatchford development that is occurring on the old Edmonton Municipal Airport lands.  There is an article on recent changes to the overall plan here at Blatchford development 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 Queen Mary Park Edmonton, the highest price that a home sold for in 2014 was $520,500.   That home was over 2500 square feet with extensive renos in the northwest part of Queen Mary Park.  At the lower end of the price range, in the entry level market for Queen Mary Park,  the lowest priced home sale in the neighbourhood sold for $250,000. This home was a fixer upper semi bungalow (story and a half) and it did have a basement suite and a single garage.  On average it took 41 days to sell a home in Queen Mary Park Edmonton in 2014. This is the exact same average time to sell a home as the Edmonton average days on market of 41 days for last year. Going all the way back to 2005 and just prior to the boom of 2006/2007, Queen Mary Park real estate property values have increased by 97%.  

In the duplex market of Queen Mary Park, the average selling price in 2014 for a duplex finished the year at $242,000 with an average time to sell a duplex of 37 days.  The highest price that a duplex sold for in Queen Mary Park last year was $242,000.  There was also a 4plex sold in Queen Mary Park in 2014 and that unit sold for $520,000.
Moving over to the Queen Mary Park Edmonton condo market, the average selling price in 2014 was $221,815, with an average time to sell a condo of 53 days in Queen Mary Park last year.  The highest selling price for a condo in Queen Mary Park Edmonton last year was $425,000 and the lowest priced condo sold for $65,000.  The condo complexes that have had units sell in them last year in Queen Mary Park Edmonton include: Amberside Court, Avalon Lofts, Bay Vista, Brock Manor, Churchill West, Donna Manor, Crystal Court Queen Mary Park, Eldorado Manor, Fair Tree Manor, Gates on 117th, Glenora Manor, Julie Manor, MacEwan Lofts, Marion Manor, Mark I, Mark III and Mark IV, The Maxx, MJ Manor, Parkside Court, Place 116, Pointe Uptown, Princeton Arms, Queen Mary Gardens, Studio Ed, Travis Manor and The Zen
 
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