Red Deer Market Update – March 31, 2020

Posted by Jay McDouall on Wednesday, April 1st, 2020 at 7:42pm.

Amid the COVID-19 crisis, March home sales in Red Deer are on par with the past three years, the number of YTD sales in Red Deer overall is most comparable to that of 2017. Though more regulations are implemented on the self-isolation process, we still expect sales to trend higher for April 2020's sale count.

Sales & overall buyer activity at the higher price points has been slow, especially over $600,000. Red Deer experienced just 10 sales over the $600K price point YTD. We're starting to see a number of buyers scooping up the houses they've been watching throughout the fall. The busiest price range is trending between $275,000 to $315,000 in Red Deer with an overall average of 68 days to sell.

If you've found a property you'd like to get a closer look at Schedule a Viewing today or Contact Us for more information!

Whether you're buying or selling, or you're simply looking for more information, Contact Us & we'll get you some answers.

Information Based on Red Deer Real Estate Board MLS® Stats 2016-2020

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