The Home Tribe Real Estate Blog

Hello Edmonton Real Estate – What Is Going On? (A Recap From May)

• 1,771 properties were sold in the Edmonton Census Metropolitan Area (up 18% from April)
• 1,119 single family detached homes were sold in the Edmonton CMA (19% percent increase from April)
• 449 condos and 203 duplex/rowhouses sold (up 5% and 37% from April, respectively)
• $382,695 was the average all-residential price for May (up by over 1% from April)

“While new listings coming onto the market were down this May compared to 2015, inventory continues to remain strong with more than 8,000 residential properties on the market at month’s end,” REALTORS® Association of Edmonton Chair Steve Sedgwick said. “The fact that we haven’t seen a significant decline in prices is giving buyers more assurance. They are making purchases based on market stability and good selection.”

What Is Happening In Your Area – Stats Wise?

We are excited to annouce that we are now launching monthly stats based on region. Central Edmonton Dwellers (Downtown & Oliver)  – check out stats specific to this area below. Don’t live in the core? Contact us to get updated on what’s happening in your hood. 

Valentine’s Day is a time of fun, flowers, romance and quality time spent with your partner. It’s also a great chance to search for that special place to spend an afternoon or evening with your loved one. Edmonton’s 104th Street is the hub of the city with historical attractions, great shopping and a degree of sophistication loved by locals and visitors alike. This makes it also ideal for an Edmonton Valentine’s Day date to remember! So what’s happening on the street to help you celebrate this coming Valentine’s Day weekend on 104th Street? What about these three fantastic suggestions to get you started.

Credo Cafe

This favourite cafe of Edmonton folk is more than just a place to grab a quick coffee. It is known as a place where all parts of the coffee experience are seen as an art form. With a range of the finest Intelligentsia Whole Beans (including Black Cat Espresso, House Blend and In-Season Single Origin Beans) and delicious fresh bakery products such as: muffins, cookies and the cafe’s famous carrot cake with cream cheese icing, this is a venue that is suited for a romantic coffee and cake afternoon. For more information visit credocoffee.ca

The Cavern

The unmatched Cavern wine and cheese bar is putting on a Valentine’s evening on Saturday the 13th of February that you and your partner won’t want to miss. A fabulous four-course menu for two for $80 ($150 with wine pairings) will be available from 5.30 to 8.30. Bookings are essential, so be sure to visit thecavern.ca for more details.

 Valentine Pairing: Chocolate, Spirit and Wine (just one block off 104th street)

For something really different why not try a wine, spirit and chocolate pairing event? Chocolate connoisseurs Jacek Chocolate Couture are partnering with The Chvrch of St John, an art bar to bring you a special Valentine’s Day-themed exploration of chocolate with wine, gin and whisky. Limited tickets are available for this one-off event. Visit the Chvrch of St John to get more information on booking and times.

Edmonton’s 104th Street is an eclectic mix of colour, atmosphere, culture and quirky cafes and restaurants. With a rich trading and cultural history, the Street has transformed itself into one of the “go-to” spots in Edmonton for entertainment, festivals and alternative shopping. The street also boasts the popular City Market and annual Al Fresco Block Party amongst its attractions. There’s no place better to explore and spend a wonderfully, romantic Valentine’s Day weekend with your loved one.

Downtown Edmonton is a popular place for tourists and locals alike, with world- class attractions and beautiful sights to see. It’s also home to some great historical sites, like the McKay Avenue School, and a variety of great lofts and shops in the Warehouse District. For professionals young and old, Downtown Edmonton is a prime neighbourhood with lots of world-class amenities to offer. Come see why Downtown Edmonton is – and long has been – the area’s trendiest and most popular neighbourhood for those who crave the city life.

Lots of Great Arts & Culture Sites to Explore

Downtown Edmonton is part of a rich cultural tapestry, with the eastern part of the downtown core serving as a world-renowned arts district. This part of the city is home to lots of great arts facilities like the Francis Winspear Centre for Music – home of the Edmonton Symphony Orchestra – and the Citadel Theatre, a 50-year – old theatre that hosts both classics like Who’s Afraid of Virginia Woolf? as well as modern productions like West Side Story. The Downtown area is also home to a vast array of festivals all year round, making it easy to find fun weekend activities for the whole family.

Ample Green Space and Top Universities Make Downtown a Vibrant Centre

Downtown Edmonton real estate offers buyers close proximity to several parks and top schools. Most notably, the Alberta Legislature Building in Government Centre is home to a number of beautiful gardens, fountains, and parks. The south-eastern edge of Downtown Edmonton borders along Louise McKinney Riverfront Park, a 12.9-hectare park with a beautiful 500 metre river view. Love learning? MacEwan University at the north-western edge of Downtown offers 68 different undergraduate programs as well as continuing education and distance courses. MacEwan University has a great reputation, and in the 2011 Globe and Mail Canadian University Report, it was given either A or A+ marks across all categories.

Ditch the Car for Good: Transit Gives Easy Access to the Whole City

The Downtown area is well served by city transit. Central Station on 100 Street NW is one of Edmonton’s original five LRT stations. The station connects commuters to the University of Alberta and northeast Edmonton via the Capital Line. Downtown is also conveniently located close to stops for the Metro Line, and the future Valley Line is expected to run between Jasper Ave NW and 104 Ave NW. There are also several bus routes that run through the area, including the 52 to Southgate, the 309 to Kingsway, the 12 to Northgate, the 125 to Jasper Place, and the 151 to Castle Downs.

Downtown Edmonton is a bustling area with a rich cultural scene to enjoy, as well as a variety of beautiful sites and top attractions. The area is also home to a number of top employers in a host of industries, not to mention where HomeTribe.ca is headquartered.

Are you ready to discover the electric buzz of city life in Edmonton’s much loved downtown core? We can help. Contact us today to view properties in Downtown Edmonton and adopt the downtown lifestyle!