Thursday, 22 January 2015

Wellington Homes for Sale

Wellington Homes for Sale

Click on Wellington homes for sale for the current active MLS® listings of houses, duplexes, townhomes and condos for sale in this northwest Edmonton neighbourhood.  In 2014, the average selling price for a home in Wellington ended the year selling on average for $309,213.  That is an increase of 8.3% in property values in Wellington over the year before.  In 2013, the average selling price in Wellington was $285,487.  That year over year increase was stronger than the overall Edmonton real estate market increase of 5.8% for the same time period. 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 Wellington Edmonton, the highest price that a home sold for in 2014 was $385,000.  That sale was of a 2000 square foot bungalow with a double garage and it was a wheelchair accessible home.   At the other end of the price range, in the entry level market for Wellington,  the lowest priced home sale in the neighbourhood sold for $228,000. This home was roughly 1000 square feet and it did not have a basement only a crawl space. On average it took 41 days to sell a home in Wellington in 2014. This is exactly the same as the Edmonton average days on market of 41 days in last year. Going back to 2005, Wellington real estate property values have increased by 95%.  
Moving over to the Wellington condo market, the average selling price in 2014 was $112,500, with an average time to sell a condo of 27 days in Wellington last year.  The condo complexes that have had units sell in them last year in Wellington include: Janet Arms and Benita Apartments
 
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