Edmonton’s Luxury Market Heats Up
It may be wintertime, but the Edmonton Luxury market doesn’t show any sign of cooling down! During 2013, the city saw an increased activity of high-end homes bought and sold. In fact, a total of 115 MLS® sales in Luxury properties were accounted for in 2013— which is up by 29% from the 2012 figures.
Other interesting facts about the Luxury market include:
- Most high-end properties sold 8.7% under the listing price.
- The highest Luxury home in 2013 sold for $3.4 million (Rob Halabi represented the buyer during this transaction).
- 14 properties were sold over and at listing price in 2013.
- In addition to an increased demand there is also an increased competition in buyers.
Want to sell your Edmonton Luxury home? Get expert marketing of your Luxury property from those who understand the market. Each Luxury house is unique— which is why the Paranych Luxury Homes team will develop a personalized marketing strategy specific to your Luxury home. This custom marketing plan will not only ensure you find the Right Buyer, but it will also help make sure you receive what your Luxury home is worth in the Edmonton market!
If you’re looking to buy a Edmonton Luxury home, trust in The Paranych Team! Nobody knows and understands the Edmonton Luxury market like they do; which means they can seamlessly connect buyers and sellers resulting in a smoother transaction. Feel free to browse the listings for your next high-end home. Then contact Rob Halabi and start packing!