Garneau (Edmonton, AB)
By Jason Thomas
(Royal LePage Summit)
Garneau Condos for Sale To see all active listings in this University of Alberta area neighbourhood visit Garneau condos for sale  This year, the average sold price for a low rise apartment style condo in Garneau is sitting at $226,000.  However, that average sale price is based on only one condo sale in Garneau this year so this average will definitely climb as more units sell.  In 2014, it took 59 days on average to sell a condo in Garneau, that is about a week slower than the Edmonton average days on market in 2014 of 49 days.  For more detailed selling price stats visit Garneau condos for sale
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By Jason Thomas
(Royal LePage Summit)
Garneau Edmonton Real Estate The Garneau Edmonton real estate market has seen it's average sale price per square foot hover in the $320 range over the last 2 quarters.  Garneau is a highly desirable area steps to the University of Alberta campus and tends to greatly outperform the overall Edmonton average selling price per square foot.  This is despite the fact that the average year built of a home sold in Garneau last year was 1929. Buyers are paying for the land value that is very high in Garneau. Many of the lots in Garneau are zoned for future multifamily.  Since I attended the University of Alberta in the early 1990's, I've noticed more and more of the homes I walked by each day have been torn down and condos have been built in their place.  The average sale price of a condo in Gar...
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By Jason Thomas
(Royal LePage Summit)
Garneau Edmonton Real Estate The Garneau Edmonton real estate average sale price per square foot has been very strong and peaked out at $404/square foot in the 2nd quarter of 2010!  Garneau is a strong market, and this is not too surprising considering it's close proximity to the University of Alberta campus.  The last quarter of 2010 and so far in January and February of 2011 has been weaker for Garneau.  Garneau has actually dipped under $300 per square foot in 2011, although this is based on only one home sale this year. Interested in a comparable market analysis on your home? Find more MLS® sold information, including graphs, on Garneau in the University area and other Edmonton neighbourhoods here.
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Edmonton, AB Real Estate Professionals