REAL ESTATE SALES DOWN IN AUGUST
Total residential unit sales in the Greater Edmonton Area real estate market for August 2021 increased 9.7% compared to August 2020 and decreased 6.8% from July 2021.
New residential listings are up year-over-year, increasing 12.9% from August 2020. However, new residential listings are down month-over-month, decreasing 6.0% from July 2021. Overall inventory in the GEA was down 1.9% from August of last year and decreased 4.1% from July 2021.
Edmonton Real Estate Market Activity
Compared to July 2021, Edmonton house sales are down 6.0%, condominium sales decreased 8.4% and duplex & townhouses were also down by 4.7%.
Edmonton Real Estate Prices
The average price for an Edmonton home for August 2021 was $384,874 which is a 2.7% increase from August 2020. Single-family house prices had a 4.9% increase, condominiums had a 0.8% decrease and duplex prices increased 3.8% from August 2020.
Riverbend Home Sales
There were a total of 20 homes sold in Riverbend for the month of August 2021. Riverbend condominium sales included one apartment, two half-duplex condos, and four townhouses. There were 13 Riverbend houses sold with a price range of $475,000 to $3,100,000 in Brander Gardens, Brookside, Ramsay & Bulyea Heights, and Henderson Estates.
Terwillegar Home Sales
There were a total of 39 homes sold in Terwillegar for the month of August 2021. Terwillegar condo sales included 8 apartments, a duplex, and two townhouses. There were 28 Terwillegar houses sold with a price range of $311,000 to $1,410,000. The majority of Terwillegar houses were sold in South Terwillegar, Haddow, and Terwillegar Towne.
Kaskitayo Home Sales
There were a total of 37 homes sold in Kaskitayo for the month of August 2021. Kaskitayo condominium sales included seven townhouses. There were 24 Kaskitayo houses sold with a price range of $320,000 to $$2,530,000. The majority of Kaskitayo houses were sold in Duggan and Greenfield.
For the month of August 2021, Edmonton real estate prices remained steady with 1242 home sales with the average house sale price at $448,220.
Information provided by the REALTORS® Association of Edmonton
Dr Terwillegar Residence
Historical Edmonton Homes
The historical Dr. Terwillegar Residence is located at 10727 125 Street in Westmount. This west-central Edmonton house features nearly 10 foot high ceilings on the main floor, stately bay window in the living room, high baseboards, heated entry, veranda/sunroom, storm windows throughout, hardwood, dormer windows on the front and rear of the upper floor, cast iron tub, and more.
James Carruthers purchased much of Malcolm Groat’s homestead in the early 1900s. He subdivided the land, determined that Westmount would be a trimmed down extension of Glenora, the prestigious neighborhood nearby. The communities attracted businessmen, professionals, and their families in record numbers. Westmount grew to be the greatest concentration of houses in our city at the time.
Architect John Martland designed this home for Charles W. Coppock in 1912 on one of the first lots to be developed in the new community. The artful simplicity, efficient use of space, extensive use of natural wood, and open eaves exemplify this Craftsman bungalow, although it remains distinct in its inclusion of a hipped rather than gabled roof. Martland later became the city architect, designing the Municipal Golf Course, the City Market, and two hangars at the Municipal Airport.
The physician and surgeon, Dr. Norman Terwillegar, his wife Dorothy, and their three children moved to this home in 1920. Terwillegar earned a city-wide reputation for his devotion to his patients at the Royal Alexandra Hospital and in his private practice, based from his home later in his career. In tribute to the good doctor’s character and influence in his practice, and during his tenures as president of the Edmonton Academy of Medicine and the Alberta Medical Society, the city named a southwestern community Terwillegar Heights in the 1960s. Dr. Terwillegar died in 1948. This house remained his family’s home until 1959.
The historical Dr. Terwillegar house was last sold in 2013 by one of our Edmonton Remax Realtors for $575,000. For more information or to learn the value of your Glenora Edmonton homes, contact us at 780-910-5179.
Communities for Edmonton Dog Lovers
Edmonton has over 40 dog park and off-leash areas where your best friend can run and play without having you on the other end of the leash. You too can get physical and emotional benefits from exercise and by socializing with other dog owners.
My top 3 places to live for Edmonton dog owners are near
Buena Vista - Great Meadow: A large off-leash dog park near the valley zoo, north of Laurier Park and south of Melton Ravine in the Glenora area. The Buena Vista Dog Park features an open off-leash area, access to the river valley for those dogs who love to swim, park benches, ample parking and river valley trails with maps for walking and cycling. Note* No smoking or vaping tobacco or cannabis in this park.
Hermitage Point South located between 129 Avenue and 137 Avenue, 22 Street and the River Valley in northeast Edmonton. It features plenty of natural walking trails, picnic sites, Ambassador, portable toilets, seasonal summer fishing and a large off-leash dog area. Our Edmonton Ambassadors at the Hermitage Park Dog Park help improve the quality of our off-leash areas, and enhance the user experience for human and canine visitors by encouraging positive interactions, and creating a culture of community at the park. Homes near the Hermitage Point South Dog Park are very reasonably priced.
Terwillegar Dog Park in southwest Edmonton accessible via Rabbit Hill in the Riverbend District. Although the Terwillegar Dog Park is a multi-use area, it is most popular for pet lovers with larger canines. This park also has a 262-metre-long footbridge that links the park to Oleskiw River Valley Park on the north side of the river, perfect for long strolls with your best friend.
For other dog parks near you, visit Edmonton's off-leash dog parks