Homes for Sale in Ramsay Heights Edmonton - July 2018

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Real Estate Agent with RE/MAX Excellence

Ramsay Heights Edmonton

The Neighbourhood

Ramsay Heights is located in the Riverbend area of Edmonton.  It is bordered by the North Saskatchewan River Valley to the west, Terwillegar Drive and Whitemud Drive to the east, 40 Ave to the south and 51 Ave to the north.  The neighbourhood is centered around James Ramsey Park.  James Ramsey was an alderman and MLA and a retailing pioneer in Edmonton's history.  He opened the first departmental store in Edmonton on the ground floor of the Tegler Building in 1911.  The business was sold to the T. Eaton Company in 1928.  A high elevation point in Ramsey Park provides a panoramic view of Edmonton.

The neighbourhood of Ramsay Heights is named after Walter Ramsay (unrelated to James Ramsey) who was a teacher and Edmonton's first commercial florist and greenhouse operator in the early 1900s.  Ramsay Heights was mostly developed between 1970 and 1990.  The neighbourhood is laid out to promote pedestrian and bicycle movement with homes located in numerous cul-de-sacs feeding into the main collector roadway, Riverbend Road. 

The population of Ramsay Heights is approximately 3,500 and there are 1,300 residences.  Most homes are single family (52%), apartments (33%), townhomes and duplexes (15%).

 

Schools and Amenities

There are no schools within Ramsay Heights but there are several junior and high schools located within 3 km of the community.  The main recreational site is James Ramsey Park. 

The large Terwillegar Community Recreation Centre located in nearby Leger features an aquatic centre, fitness, sports, wellness, arts and leadership programs.

 

Looking for a Home in Ramsay Heights?

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

 

Market Update for Ramsay Heights

The Ramsay Heights residential market activity has seen more sales of townhomes homes compared to this period last year, which is reflected in a lower average home price and price per SF.  Average days on market in June was four weeks.  With 7 months of supply, the Ramsay Heights market has moved into a buyer's market.

Here is a summary of the current market statistics for Ramsay Heights.

 

Stats for June 2018 2017
Sales  3                    4
New Listings  12  12
Inventory  22  27
Average days on market                                26  24
Sold-to-List Price Ratio  96.6%

 98.3%

Median Price  $420,000  $495,300
Average Price  $377,166  $492,150
Average Sold Price/SF  $207  $270
Months of Supply  7.3  6.8

 

Market Update for Edmonton

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

 

Do You Have a Question About Ramsay Heights?

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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Peter Fuchshuber

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