Jesselyn Skriver - RE/MAX Preferred Choice

📊 Edmonton Second Quarter Market Report 2024 📊

👷 Employment: While May saw a decrease of 3,100 positions, employment is up 0.5% year-over-year with a net gain of 4,000 jobs.

📉 Unemployment: The jobless rate rose to 6.6% in May, up from 6.4% in April.

🏠 Building Permits: Residential permits reached $379.8M in April, more than double from last year. Year-to-date, they’ve surged 77% to $1.35B.

📈 Inflation: The consumer price index increased by 2.8% year-over-year in May.

🚚 Net Migration: Alberta saw 45,375 new residents in Q1, a 4.5% increase, driven by international newcomers and interprovincial migration.

🏡 New Single-Family Homes: May starts rose 36.4% year-over-year to 577 units in Greater Edmonton, with Edmonton City up nearly 50%.

🏢 New Multi-Family Homes: Starts surged to 1,253 units in May, nearly triple from last year.

📈 New Year-to-Date: Single-family starts have jumped 41% from January to May, totalling 2,221 units, driven by low inventory and high absorption rates.

*The MLS® Home Price Index (HPI) is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as mean or median average prices. It is designed to be a reliable, consistent, and timely way of measuring changes in home prices over time.
*Source- Realtors Association of Edmonton

📣 Great News for Home Buyers! 📉

On June 5, 2024, the Bank of Canada lowered its target for the overnight rate to 4.75%, bringing positive changes for the housing market and your home-buying journey! This reduction can make some mortgages more affordable, easing your path to homeownership.

📈 Canada's economy grew by 1.7% in Q1 2024, with solid consumption and increased housing activity.
🎈Consumer Price Index eased to 2.7% in April, with core inflation showing continued downward momentum.

💡 What This Means for You??!
- Lower Mortgage Rates, potentially lowering mortgage payments.
- Increased Buying Power, so let’s go secure your dream home!

🗓️ Next Steps:
Stay tuned for the next rate announcement on July 24, 2024. It's a great time to explore your home-buying options! Let's make a plan, and if you have questions, I have some top-shelf mortgage brokers at my fingertips!

Jesselyn Skriver | REALTOR®
RE/MAX Preferred Choice
📱587-438-0604
Source: Bank of Canada

Picnic in the Park 2024!

We are so excited to bring back this spectacular event for the second year in a row, and this time with even MORE to offer! Your local agents at RE/MAX Preferred Choice are inviting the residents of the tri-region to celebrate the kickoff to summer during this complimentary, family friendly event on June 22nd!

Join us at Jubilee Park in Spruce Grove from 11am - 2pm! Full details on the flyer below! Questions? Reach out to any one of your preferred agents at RE/MAX in Spruce Grove, we are happy to help!

See you there!

📊 Greater Edmonton Area First Quarter Market Report 2024 📊

👷 Employment: Up by 5,200 positions in February and 1.7% higher than last year, adding 14,100 jobs.

📉 Unemployment: Slight drop to 6.6% in February from 6.7% in January.

🏠 Building Permits: Residential permits soared 182% year-over-year in January, totaling $400.7 million.

📈 Inflation: Annualized rate increased to 4.2% in February, up from 3% in January.

🚚 Net Migration: Alberta welcomed 40,950 new residents in Q4 2023, a 20% increase year-over-year.

🏡 Single-Family Homes: Starts rose 31.5% in February, reaching 434 units, the best February since 2015.

🏢 Multi-Family Homes: Starts surged 123.3% year-over-year in February, totaling 1,208 units.

*The MLS® Home Price Index (HPI) is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as mean or median average prices. It is designed to be a reliable, consistent, and timely way of measuring changes in home prices over time.
*Source- Realtors Association of Edmonton

| FOR SALE & OPEN HOUSE
🏡 Saturday, May 11th | 1:00 pm-4:00 pm

🌟 COUNT YOUR LUCKY STARS! This well-maintained BUNGALOW located in the Erin Ridge community of St. Albert is ready for you! This spacious home boasts timeless craftsmanship and builder design.
🌟 4 bedrooms (2 up, 2 down) and 3 FULL bathrooms, it is the perfect place to grow your family and entertain guests.
🌟 This home features vaulted ceilings, hardwood floors, main floor laundry, a three-sided fireplace, and heated flooring in both of the upstairs bathrooms.
🌟 Enjoy outdoor living on the expansive back deck with multiple natural gas hookups, while the oversized double garage offers ample storage. Gather for morning coffee and watch your perennials thrive!
🌟 In addition to the living space, the basement is fully finished with tall ceilings, built-in shelving and another gas fireplace.
🌟 With proximity to major bus routes, parks, trail systems, and shopping centres you don't want to miss out on this opportunity to make cherished memories in a home where a family can flourish!

MLS® E4386276

Proudly Presented & Represented by Jesselyn Skriver, REALTOR®
RE/MAX Preferred Choice
📱587-438-0604

👀 C O M I N G S O O N 👀

✅ Bungalow
✅ St. Albert
✅ 4 Bedrooms
✅ 3 Full Bathrooms
✅ Fully Finished Basement

| FOR SALE & OPEN HOUSE
Saturday, April 13th | 12:00pm-4:00pm

Welcome to the community of Sherbrooke! With majestic tree lined streets, nature landscaping, private back yard, alley access on 2 sides, this well loved and cared for family abode is now offered for the new generation to make their own. Come & see for yourself!

🏡 13110 Sherbrooke Avenue NW, Edmonton, Alberta📍
🛌 4 bedroom / 2 bath 🛁
📐 980 Sq.Ft.
💰 $348,888

MLS® E4381660 | More info in Bio!

Proudly Presented & Represented by
Jennifer Davis, REALTOR®
RE/MAX Preferred Choice
📱 780-920-7414
&
Jesselyn Skriver, REALTOR®
RE/MAX Preferred Choice
📱587-438-0604

| OPEN HOUSE
📍 #303, 13830 150 Ave NW, Edmonton AB.
Sunday, April 7 | 1:00-3:00 pm
💰 $199,888 | Text " Open House" to 📱587-438-0604 for your exclusive access!

Presented & Represented by Jesselyn Skriver, REALTOR®
RE/MAX Preferred Choice

| FOR SALE 🏡

Welcome to Skyview Landing ➡️ where convenience meets comfort in this stunning third-floor condominium unit | MLS® E4379619

🏡 #303 13830 150 Avenue NW, Edmonton, Alberta📍
🛌 2 bedroom / 2 bath 🛁
📐 880 Sq.Ft.
💰 $199,888

🚘 With proximity to the Edmonton Garrison Base, Anthony Henday Drive & St. Albert, commuting is a breeze & the nearby bus stops offer a unique advantage of easy access to exploring all that our vibrant city has to offer.🚍

More info in Bio!

Proudly Presented & Represented by Jesselyn Skriver, REALTOR®
RE/MAX Preferred Choice
📱587-438-0604

| COMING S👀N

Your Urban Comfort Awaits in📍 Edmonton Alberta!

Jesselyn Skriver
RE/MAX Preferred Choice
📱587-438-0604

📍4921 BECKETT RD, Drayton Valley | 2:00-4:00 pm

🏷️ $340,000 | More Info in Bio!

Presented & Represented by
Jesselyn Skriver, REALTOR®
RE/MAX Preferred Choice
📱587-438-0604

| FOR SALE In Drayton Valley

📍 4921 BECKETT RD, Drayton Valley, Alberta
📐1,100+ Sq.ft. 🛌 5 Beds 🛁 3 Baths

Desire to live in an affordable family home, with room to breathe??
This family home is located in the Aspenview Community and is a stone’s throw away from schools and parks. The main floor boasts a roomy entry, vaulted ceilings and hardwood floors. Enjoy the primary bedroom with a 4-piece ensuite and a cool feature wall! The kitchen opens to a fenced backyard with tons of space for activities. Enjoy your easy-to-maintain yard and bountiful harvest the mature plum and apple trees produce. Picture relaxing on the large deck after a long day. The basement is bright and features Luxury Vinyl Plank flooring, a spacious laundry room and a gas fireplace with custom shelving.

Are you ready? Jump in & and kiss your worries goodbye!

🛠️ Shingles (2018) Hot Water Tank (2021) Fixtures & Refrigerator!

🏷️ $340,000 | MLS® E4371998

Presented & Represented by Jesselyn Skriver, REALTOR®
RE/MAX Preferred Choice
📱587-438-0604

| FOR SALE!!

📍 5213 CERCLE CIEL CR., Beaumont, Alberta
🎂 2006 ✌🏻Storey 🛌 5 Beds 🛁 3 Baths

Located in the established area of Place Chaleureuse you’ll love this expansive residence, tailor-made for idyllic family life. Here you’re near to schools, shopping centres, rec. parks & easy access to the trail system.

Nearing over 2,300 sq. ft, this home provides ample space for your growing family! Discover the open floor plan, hardwood floors, in-floor heat (basement & main) & abundance of natural light. Revel in the modern aesthetic with recently updated features incl. Granite countertops, a stylish glass backsplash & S/S kitchen appliances. The backyard is beckoning you to unwind & enjoy— Adjacent to the dining room a spacious deck welcomes you with a gazebo & hot tub, the perfect setting to entertain. You’ll love the convenience of the heated attached garage. Above it is a large bonus room equipped with a natural gas fireplace.

The systems of the home have been well-maintained & updated. Furnace (2020), AC (2020), HWT (2018) & Boiler (2021). Don’t wait to make this home yours!

🏷️ $549,000 | MLS® E4369434

Proudly presented and represented by:
Jesselyn Skriver, REALTOR®
RE/MAX Preferred Choice
📱587-438-0604

| COMING S👀N

Hitting the market tomorrow! Get ready…. get set…..

GO!

Contact me for more info or to secure your exclusive tour today!
Proudly presented and represented by Jesselyn Skriver, REALTOR®
RE/MAX Preferred Choice
📱587-438-0604

This will be forever ingrained in my mind when I attempt to find downtown parking spots in Edmonton. 🤣

We found the snow! ❄️ Here comes 2024!

It truly is the most wonderful time of the year! ❄️⭐️

Today we celebrate as we present the Stollery Children’s Hospital with just under $30,000 directly from our agents at RE/MAX Preferred Choice!

Each one of your local agents at the RE/MAX office in Spruce Grove have generously opted in to dedicate a portion of their fees for service from every home bought or sold throughout the year, to the Stollery Childrens Hospital making us a MIRACLE OFFICE!

Thank you to the communities of Spruce Grove, Stony Plain, Parkland County and surrounding areas for continuing to choose RE/MAX Preferred Choice REALTORS ® to represent you during your home buying and selling journey.

From our family to yours, Merry Christmas and Happy Holidays!

- RE/MAX Preferred Choice

📈 MARKET UPDATE 📉

The MLS® Home Price Index (HPI) composite benchmark price* in the GEA came in at $375,000, resulting in a decrease of 0.5% from October 2023, and a year-over-year increase of 1.5% from November 2022.

“In real estate, the rhythm of the market often shifts with the seasons. As we transition into the colder months, it’s not uncommon to witness a predictable decrease in available listings. Yet, what’s remarkable about Edmonton’s current housing landscape is the continual demand despite this seasonal ebb,” says REALTORS® Association of Edmonton 2023 Board Chair Melanie Boles. “Buyers continue their search for their dream home, eager to secure properties even amidst a tighter inventory.”

Detached homes averaged 46 days on the market, increasing three days from October 2023. Semi-detached homes averaged 39 days on the market, a decrease of eight days from the previous month, and row/townhouses showed no change, averaging 42 days on the market. Apartment condominiums averaged 54 days on the market, showing a seven-day decrease from October 2023. Overall, all residential listings averaged 46 days on the market, showing no change month-over-month and dropping by seven days in comparison to November 2022.

*The MLS® Home Price Index (HPI) is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as mean or median average prices. It is designed to be a reliable, consistent, and timely way of measuring changes in home prices over time.
*Source- Realtors Association of Edmonton

📱1-587-438-0604
Jesselyn Skriver, REALTOR®
RE/MAX Preferred Choice
Serving Spruce Grove, Stony Plain, Parkland County & YEG Area

Outside nap in 3, 2, 1… 😴

| FOR SALE & OPEN HOUSE TOMORROW!

📍 189 Reichert Drive, Beaumont Alberta
⛳️ Between the Greens of the Beaumont Colonial Golf & Country Club
📐1,600 sq. ft. Bungalow
🛌 5 Beds
🛁 3 Full Baths w/ whirlpool bath Tub in your Primary Retreat 🫧
🚘 Heated/Insulated 22x21.5 ft. double attached garage
🧺 Main floor laundry room
🖥️ Main floor designated office space
🧑‍🍳 Expansive kitchen with stainless steel appliances!
🤩 Vaulted ceilings
🔥 Gas Fireplace x 2!!
☀️ South Facing Sunshine in Your Backyard
🌳 Fenced and Meticulously Maintained w/ Underground Sprinkler System for effortless lawn care
🛠️ Fully Finished Basement and 2021 Upgrades including Air Conditioning, Quartz Countertop and Fireplace Surround, Front Porch, and Backyard Tiered Composite Deck.

💲624,900 | Open House Sunday December 3, 1:00-3:00 PM

Proudly presented and represented by:
Jesselyn Skriver, REALTOR®
RE/MAX Preferred Choice
📱587-438-0604

📈 MARKET UPDATE 📉

The MLS® Home Price Index (HPI) composite benchmark price* in the GEA came in at $377,000, resulting in a decrease of 0.8% from September 2023, and a year-over-year increase of 0.6% from October 2022.

“We’ve seen in other markets what a low supply of inventory can do to home prices,” says REALTORS® Association of Edmonton 2023 Board Chair Melanie Boles. “And that applies on a smaller scale to any market during the colder season. There are buyers who can’t wait until spring when more properties become available, and they’re willing to spend more on the right place. But until we see interest rates come down, for many people those detached homes are still out of reach.”

Detached homes averaged 43 days on the market, increasing one day from September 2023. Semi-detached homes averaged 47 days on the market, an increase of 10 days from the previous month, and row/townhouses showed now change, averaging 42 days on the market. Apartment condominiums averaged 61 days on the market, showing a seven-day decrease from September 2023. Overall, all residential listings averaged 46 days on the market, increasing by two days month-over-month and dropping by four days in comparison to October 2022.

*The MLS® Home Price Index (HPI) is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as mean or median average prices. It is designed to be a reliable, consistent, and timely way of measuring changes in home prices over time.
*Source- Realtors Association of Edmonton

🏘 Buying or Selling? Let’s Connect!
📱1-587-438-0604

Jesselyn Skriver, REALTOR®
RE/MAX Preferred Choice
Serving the Spruce Grove, Stony Plain, Parkland County & Greater Edmonton Region!

🌌🎃 Behr wants to join the Rebellion. May the treats be with you, always.

🍁Join Us in Honoring Our Veterans! 🍁

🍩☕️ DONUTS FOR VETS ☕️🍩
When: November 5, 2023
Time: 1 PM-4 PM
Where: Maverick’s Donuts, 4300 S Park Drive, Stony Plain, Alberta

🍁 On November 5th, we invite you to stop by Mavericks to not only treat your taste buds but show your support for our brave veterans!

🍩☕️ For just $5.00, you can enjoy a delicious Signature Poppy Donut and a piping hot cup of coffee!
🍁 Proceeds and donations collected will be presented to the Royal Canadian Legion Branch #256 in Stony Plain.
🍁 Your contribution will make a meaningful impact on the lives of those who have served our country with honour and dedication.

🎨 We have a special treat for the little ones in our community! Kids can participate in a “Tales of Animals in War” colouring contest to be entered into a draw to win a six-pack of DONUTS!
Open to all ages, drawings can be dropped off at Mavericks up until November 18, 2023, at 6:00 p.m.

🕊️This is a great opportunity be together, celebrate our veterans, showcase the kids artistic skills, and express our gratitude to those who have sacrificed so much for our freedom.

🗓️ So, mark your calendars, bring your friends and family, and help us make this event a huge success!

🍁 For any questions or more information, please contact Jesselyn Skriver at:
📧 [email protected]
📱1-587-438-0604

🍩☕️ Thank you for your support, and we can’t wait to see you there! 🍩☕️

Mavericks Donuts Stony Plain
&
Jesselyn Skriver
RE/MAX Preferred Choice

*Veterans Affairs Canada | www.veterans.gc.ca

📈 MARKET UPDATE 📉
The MLS® Home Price Index (HPI) composite benchmark price* in the GEA came in at $380,280, resulting in a decrease of 0.1% from August 2023, and a drop of 1.2% from September 2022.

“We’re continuing to see the trend of a higher number of sales happening in 2023 compared to last year, but the market is still slowing down for autumn. Sales in almost every category fell from the previous month,” says REALTORS® Association of Edmonton 2023 Board Chair Melanie Boles. “Sellers hoping to close before the holidays have lower available inventory on their side, but they will have to contend with higher buyer uncertainty from the Bank of Canada’s looming October announcement about interest rates.”

Detached homes averaged 42 days on the market, increasing by three days from August 2023. Semi-detached homes averaged 37 days on the market, decreasing 5 days from the previous month, with row/townhouses averaging 42 days on the market, a decrease of two days month-over-month. Apartment condominiums averaged 54 days on the market, showing a two-day decrease from August 2023. Overall, all residential listings averaged 44 days on the market, decreasing by four days year-over-year and two days from August 2023.

*The MLS® Home Price Index (HPI) is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as mean or median average prices. It is designed to be a reliable, consistent, and timely way of measuring changes in home prices over time.
*Source- Realtors Association of Edmonton

🏘 Buying or Selling? Let’s Find Home!
📱1-587-438-0604

Jesselyn Skriver, REALTOR®
RE/MAX Preferred Choice
Serving the Spruce Grove, Stony Plain, Parkland County & Greater Edmonton Region!

🧡