Edmonton Luxury Market: An Increased Demand

Wed, 22 Jan by The Paranych Team

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.

ParanychLuxuryHomes

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!

Interested in Edmonton Real Estate for sale under $600,000?
Access all Edmonton and area MLS® System Listings in all price ranges at www.Paranych.com.

ParanychLuxury Makes Headlines

Fri, 17 Jan by The Paranych Team
Photo obtained from  MetroNews  Image courtesy of Mary-Ann Lee

Photo obtained from MetroNews Image courtesy of Mary-Ann Lee

ParanychLuxury is proud to announce we were recently features in Metro news! Luxury homes are becoming increasingly popular in Edmonton and people are taking notice. Last year, our own Rob Halabi represented a buyer in the purchase of a Luxury home. The $3.4 million dollar property was deemed Edmonton’s most expensive home of 2013!
To view the full article on MetroNews click here.

This property is a spacious 3,000 square feet and features a walkout basement as well as stunning kitchen. It’s truly fit for royalty and we couldn’t be happier to find the right buyer for it. When it comes to Luxury properties every home is different and unique in its own way. Which might explain why 2014 kicked off with 112 high-end properties on the market ranging from $1 million to $12.5 million.

Want to browse the listings for your next high-end home? contact Rob Halabi today!

Interested in Edmonton Real Estate for sale under $600,000?
Access all Edmonton and area MLS® System Listings in all price ranges at www.Paranych.com.

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Rob Halabi & The Paranych Team RE/MAX Excellence
201 5607 199 St, Edmonton, Alberta, T6M0M8 | Tel: (780) 919-8180 | Email: Click Here

Luxury Trends

Luxury Real Estate Blog

  • Edmonton’s Luxurious Hotels 24 February 2015 | 10:06 am

    Fairmont Hotel MacDonald: Fairmont Hotel Macdonald is the only Four Diamond Rated Luxury Hotel in Edmonton. Located in Edmonton’s downtown district, the Fairmont Hotel MacDonald is an elegant building exuding historic charm and delicate tastes. It’

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