Friday, 23 January 2015

Rundle Heights Homes for Sale

Rundle Heights Homes for Sale

Visit Rundle Heights homes for sale for the active MLS® listings of houses, duplexes, townhomes and condos for sale in this Northeast Edmonton neighbourhood.  Last year, the average selling price for a house in Rundle Heights Edmonton finished the year with an average sale price of $352,087.  Comparing that to the year before, the year over year increase of in real estate prices was a strong 10.2%.  In 2013 the average selling price in Rundle Heights Edmonton was lower at $319,482.   In Edmonton, property values also increased but only by 5.8% from 2013 to 2014.   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 Rundle Heights Edmonton, the highest price that a home sold for last year was $500,000.   That home was on a ravine on a hillside.  It was over 1700 square feet and an infill (built in 2006).  Most of the homes in Rundle Heights were built in the 1960's and early 1970's.  At the lower end of the price range, in the entry level market for Rundle Heights the most affordable home sale in the neighbourhood sold for $285,000 in 2014. This home was just over 900 square feet with a double garage and had some upgrades as well.  It was located near Ada boulevard.  On average it took 33 days to sell a home in Rundle Heights Edmonton in 2014. This is about a week quicker than the average time to sell a home for all of Edmonton, the Edmonton average days on market was 41 days last year. Going all the way back to 2005 and just prior to the boom of 2006/2007, Rundle Heights real estate property values have increased by 97%.  

In the duplex market of Rundle Heights, the average selling price in 2014 for a duplex finished the year at $213,633 with an average time to sell a duplex of 28 days.  The highest price that a duplex sold for in Rundle Heights last year was $224,000. 
Lastly in the Rundle Heights Edmonton condo market, the average selling price in 2014 was $125,168, with an average time to sell a condo of 51 days in Rundle Heights last year.  The highest selling price for a condo in Rundle Heights Edmonton last year was $160,000 and the lowest priced condo sold for $87,000.  The condo complexes that have had units sell in them last year in Rundle Height Edmonton include: Abbott's Grove, McKenzie Manor, Parkhaven, Parkridge Estates and Rundle Park.
 
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