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What happened in December?

Again this month we are seeing are seeing a mixed bag of results in Central Alberta as far as Single Family Detached Homes are concerned, the listing Inventory decreased in Red Deer -7.53 %, Blackfalds -32.97%  and Innisfail -1.67% have all had a decrease  compared to December of 2018, Sylvan Lake and Lacombe have both had increases 6.48% and 13.43  Days on Market has decreased in Red Deer, Blackfalds  Sylvan Lake Innisfail only Lacombe has had an increase in days on market.

 In Red Deer there has remained steady with the same amount of sales vs this time last year, Lacombe with an increase of 27.27% along with Innisfail with 1 more sale than last year.  Sylvan lake had a went from 10 sales to 8 sales and

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This fully developed family friendly bi-level showcases modern flair and offers a spacious & functional floor plan with 4 bedrooms & 2 bathrooms. The main floor is bright and inviting with laminate throughout and large windows offering plenty of natural light. The kitchen boasts plenty of rich cabinetry, pantry for added storage and a breakfast bar counter perfect for entertaining. Around the corner you’ll find two good sized bedrooms including the tranquil master with a cheater door to the 3pc bathroom and a spacious closet. Basement development includes a large family room/rec room with wet bar & stunning wood feature wall, 2 generously sized bedrooms, and a 4pc bathroom. Take the entertaining outside to the North West facing Deck overlooking

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This fully developed bungalow offers a spacious and functional floor plan with 4 bedrooms and 3 bathrooms.The main floor is warm and inviting with vaulted ceilings, large windows offering plenty of natural light and a gas fireplace to cozy up to on cold days. The kitchen boasts plenty of cabinet and counter space with a raised eating bar perfect for entertaining along with a pantry for added storage.

Relax in the large master bedroom that includes a 5pc ensuite, walk-in closet and access to the North facing deck that overlooks the beautifully landscaped yard backing onto green-space and paved walking trails with a playground nearby. A second bedroom and a full 4pc bathroom complete this space. Basement development includes a massive family

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Stunning open concept bungalow built by True-Line Homes, featuring 3 large bedrooms and 3 bathrooms. Beautiful kitchen and formal dining room space. Master bedroom includes a spacious walk-in closet. The fully finished basement is an entertainers dream! Enjoy outdoor entertaining on the covered upper patio complete with roll up shades or head to the epoxy coated patio below and enjoy the stunning landscaping. The attached garage has been completely finished with a gas line & electrical wiring for a furnace/heater & there's even room to park the RV out back.

NEW shingles in 2017, New hot water tanks in 2016, all that's left is YOU!

Upgrades include A/C, inSlab Heating, 2 Gas Fire places, and more!

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What happened in December?

Again this month we are seeing are seeing a mixed bag of results in Central Alberta as far as Single Family Detached Homes are concerned, the listing Inventory decreased in Red Deer -4 %, Blackfalds -36.7%  and Innisfail -3.51% have all had a decrease  compared to December of 2018, Sylvan Lake and Lacombe have both had increases 5.94% and 23.94  Days on Market has decreased in Red Deer, Blackfalds, while Sylvan Lake Innisfail and Lacombe have all enjoyed a decrease in days on market.

 In Red Deer there has been an increase in sales of an astounding 45.45 %, Lacombe with 42.86% and Innisfail with an Increase from 1 sale to 6 for 500%....... Sylvan lake had a decline of 46 % Blackfalds 27.27%

We are now into the

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What happened in November?

Again this month we are seeing are seeing a mixed bag of results in Central Alberta as far as Single Family Detached Homes are concerned, the listing Inventory in Red Deer -4.61%, Blackfalds -31.9%  and Innisfail -5.17% have all had a decrease  compared to November of 2018, Sylvan Lake remains the same and Lacombe has had an increase 26.44%  Days on Market has decreased in Red Deer, Sylvan lake and Lacombe , while Innisfail and Blackfalds have both had an increase in days on market

 In Red Deer there has been an increase in sales of 18.52% and Innisfail with an Increase of 25%  while Sylvan lake had a decline of 38.46 % Blackfalds 33.33% Lacombe 25%

November has followed suit with last month, the listing to sale

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What happened in October?

Through out Central Alberta we have a mixed bag of results. As far as Single Family Detached Homes are concerned, the listing Inventory in Lacombe, Innisfail and Blackfalds are very similar to October of 2018, Days on Market have increased for all three communities. I am going to contribute that to the Election as the market seemed to slow down as we drew closer to Election Day.

 In Red Deer there has been an increase in New Listings of 10.22% however there is still a decrease in Active Listings of 10.51%. Sylvan Lake has had an increase of new listings of 17.14 percent and as well an 5.97% increase of active listings. The number of homes Sold is on close to Par with last last year. Days on market has decreased

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Country Serenity on 2.12 Acres, just 5 minutes from Red Deer on C&E Trail. Recently renovated, this spacious open concept Bungalow offers over 3400 sqft of living space.

30x40 heated shop that includes 12’ walls, lots of storage, covered exterior parking for the boat/RV + more. Recent exterior upgrades include, shingles, eaves & soffit. Live your best life surrounded by trees & trails on this beautiful acreage. 

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The Red Deer and District Chamber of Commerce welcomes their new CEO Robin Bobocel.

Bobocel said the Chamber, under his leadership, will not get involved with politics, however, it will advocate and develop policy that supports the business community.

He believes that through the many leaders that call themselves Chamber members—Red Deer business will thrive.

“I believe real leaders are leaders of business,” he said

Leadership is needed, according to Bobocel, because of non business friendly policies that are hurting Red Deer like the carbon tax, federal small business tax changes and raises to the minimum wage.

 

“There is a feeling that business doesn’t have a seat at the table,” he said.

Volunteerism, Bobocel explained, will be

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Statistic’s for Central Alberta's Single Family homes for the 3rd quarter of 2019

Compared to 2018’s  3rd quarter, these are the statistics for homes that have sold

Blackfalds sales decreased by 29%
Sylvan sales on par from last year
Red Deer sales increased by 2%
Rocky sales increased by 10%
Ponoka Sales increased by 30 %
Lacombe sales decreased by 20%

Average days on market is still unpredictable regardless of price bracket, there is still vulnerability there.

Homes Over half a million dollars have been biggest struggle with sales due to the lack of buyers in this state of our economy.

Good news is that some of our smaller communities like ponoka and rocky are getting more activity.

Construction new builds single family homes are

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