Summerside Edmonton Homes for saleClick on Summerside homes for sale to see the available homes in this popular south side of Edmonton neighbourhood. So far in 2015, the average selling price for a single family detached home in Summerside is way up at $862,000. However, that average is based on only 4 sales so far this year. I don't expect the average to stay this high as we move further into the year. Last year in 2014 the average sold price for Summerside Edmonton was $517,616. That was an increase year over year of 9.7% from 2013's average selling price of $471,990. That percentage increase was higher than the Edmonton average selling price increase which was 5.8% in the same 2013 to 2014 time frame. These average sold price statistics are based on what a single family detached house sold for in the neighbourhood, the other property types of homes such as duplexes or condos are not included in these values. In the upper end / luxury price segment of the Summerside Edmonton real estate market, the highest price that a home sold for last year was $1,100,000. That particular home sale was an executive bungalow over 1800 square feet in size. The home also had a triple attached garage and was a walkout backing on to Summerside Lake. Looking at the lower end / entry level price point in the neighbourhood, the most affordable single family home in Summerside Edmonton sold for $360,200. This home was a two story with a back lane and there was a parking pad, no garage. In 2014, it took 51 days on average to sell a home in Summerside Edmonton, and so far in 2015 the average days on market has been 61 days. For comparison, the Edmonton average days on market last year was faster at 41 days. Since 2009, real estate property values in Summerside Edmonton have appreciated by 13.7%.
In the duplex / attached rowhouse market in Summerside Edmonton, the average sold price last year was $340,044 and on average it took only 21 days to sell a duplex in Summerside in 2014. Duplex and townhouse style homes in Summerside make up a good percentage of the market, last year roughly 21% of the sales of homes without condo fees.
And, lastly looking at the condo market in Summerside Edmonton, the average sale price for a Summerside condo last year was $266,033. On average it took 55 days to sell a condo in Summerside last year. The condo complexes that have had condo units sell in them over the previous 12 months in Summerside Edmonton include: The Bays at Summerside, Lake Summerside, Mosaic Pointe, Mosaic Shores, Mosaic Summerside, Southwinds in Summerside and Summerside Pointe
- To view more stats on this neighbourhood and other Edmonton neighborhoods visit Edmonton Home Sale Prices.
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