Homes for Sale in Terwillegar Towne Edmonton - July 2018

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Real Estate Agent with RE/MAX Excellence

Terwillegar Towne Edmonton

The Neighbourhood

Terwillegar Towne is located in the Riverbend area of Edmonton.  It is bordered by Terwillegar Drive to the west, 23 Avenue on the north, Rabbit Hill Road on the east and Terwillegar Boulevard to the south.  The neighbourhood was laid out to encourage pedestrian use and buidings are designed in a neo-traditional style, to create the feel of a small town.  There are many character homes near the centre of the community.  The Terwillegar Gardens area on the east side of the community features large homes overlooking the Terwillegar Towne Neighbourhood Park, with its attractive pond.

Terwillegar Towne was developed between 1990 and 2010.  The area was named after Dr. Norman Terwillegar who was a prominent healthcare provider and resident of the area in the early 1900s.

The population of Terwillegar Towne is approximately 6,500 and there are 2,100 residences.  Most homes are single family (80%), duplexes (7%), townhomes and low-rise condominiums.

 

Schools and Amenities

The neighbourhood features two parks, the Towne Square and commercial services along the main streets and in the town centre.  There are two schools within the community, Ester Starkman (K to Grade 8) and Monsignor William Irwin (K to Grade 6).  Lillian Osborne High School is one block north of the community.

The large Terwillegar Community Recreation Centre located next to Lillian Osborne school features an aquatic centre, fitness, sports, wellness, arts and leadership programs.

 

Looking for a Home in Terwillegar Towne?

Visit my website to search current listings of homes for sale in Terwillegar Towne or to be notified when Terwillegar Towne homes come on the market.

 

Market Update for Terwillegar Towne

The Terwillegar Towne residential market June sales were similar to last year.  There were more townhomes sold in June compared to single-family homes, which is reflected in the pricing data.  Average time on the maket for June sales was 7.5 weeks.  Months of supply indicates a balanced market.

Here is a summary of the current market statistics for Terwillegar Towne.

 

Stats for June 2018 2017
Sales  13                    16
New Listings  24  30
Inventory  56  69
Average days on market                                52  46
Sold-to-List Price Ratio  97.2%  97.4%
Median Price  $368,000  $431,000
Average Price  $396,761  $483,877
Average Sold Price/SF  $251  $279
Months of Supply  4.3  4.3

 

Market Update for Edmonton

Please see the current Edmonton residential real estate market update posted on my website.

 

Do You Have a Question About Terwillegar Towne?

Please don't hesitate to email or call me if you have any questions.  

I would also be pleased to provide a complimentary comparative market analysis of your home in the current market.

 


Posted By

Peter Fuchshuber  a residential and commercial REALTOR® helping buyers and sellers with Edmonton real estate.

 

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Jim Crawford
RE/MAX Paramount Properties - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you so much for sharing this.  This is exactly the type of information that buyers and sellers need to make informed decisions.  Very professional!

Jul 17, 2018 05:36 AM #1
Rainmaker
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Peter Fuchshuber
RE/MAX Excellence - Edmonton, AB
Residential and Commercial services

Thanks for reading, Jim Crawford

Jul 17, 2018 11:40 AM #2
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Peter Fuchshuber

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