2017 1st Quarter Real Estate Market Report For Central Alberta

Posted by Ben James on Wednesday, April 5th, 2017 at 1:19pm.

2017 1st Quarter Real Estate Market Report for Central Alberta

--> Red Deer sees a slight decrease in listings and slight decrease in Sales compared to same quarter last year. But a strong showing of sales over $500,000.

** Blackfalds sees a 15% decrease in listings and 24% increase in overall sales. The majority of sales coming from Listings under $400,000, the $500,000 market also showing signs of life.

** Lacombe shows a slight increase in listing inventory but sales at a 32% increase show good things are happening, Lacombe's $400-$499 market picking up as well while listing sales over $500,000 continue to be slow

** Sylvan Lake also shows a slight increase in listing inventory but again positive 30% increase in sales and some much needed activity over $500,000 of a 40% increase from same time last year!

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