Central Alberta Real Estate - real estate report

Red Deer Market Update – March 31, 2018

Posted by Jay McDouall on April 1st, 2018

With the coldest Easter on record out of the way, we're sure to have some warmer weather in the near future!

Sales in March were stuck at a plateau from February earlier this year. Perhaps the late winter & colder temperatures have kept the buyers at bay. The increased number of listings are likely the result of a build up of sellers, who have been unable to sell in recent markets. This back up of unsold houses can provide a healthy inventory for potential buyers to choose from.

The residential real estate market is experiencing a definite increase in activity, which we hope leads to a healthier year in real estate.

Information Based on Red Deer Real Estate Board MLS® Stats 2014-2018

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Red Deer Market Update – February 28, 2018

Posted by Jay McDouall on March 1st, 2018

As activity levels seem to be warming up, so is the weather! This is about the time that many potential buyers, who have been scoping out their targets, come out to look.

Residential sales reported through the MLS® System of the Central Alberta Realtors Association numbered 224 units in January 2018. This was an increase of 21.1% from January 2017 & the highest level for the month since 2014. Sales activity in all of Alberta was up 6.8% from January 2017. There were 3032 active residential listings on the Association's MLS® System at the end of January, rising 5% from levels at the end of January 2017. This was the highest level of inventory for this time of year since 2011 & the second highest ever.

Information Based on Red Deer Real…

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