Real Estate Market Stats for November 2017

Posted by Carson Nielsen on Thursday, November 9th, 2017 at 1:10pm.

The Real Estate Market performed well in November, The Red Deer market saw 135 Sales , 237 new listings with an average sale price of $321,182 and an average of 61 days on market this month last year showed 132 sales 199 new listings $322,012 avg sale price and 60 days on market

Sylvan Lake and a fantastic month with 32 Sales , 61 new listings with an average sale price of $334,620 and an average of 84  days on market  this month last year showed 19 sales 56 new listings $326,283 avg sale price and 83 days on market. Sylvan Lake's Market is trending towards a Balanced Market while surrounding areas are buyers market and remaining stable . 

 

  Monthly Stats October 2017        
Major Area Precentage of asking Price Sales New Listings Average Days to Sell Average Sale Price
Blackfalds 98.60% 11 30 59 $313,800
Sylvan Lake 97.20% 23 52 59 $314,391
Red Deer 97.30% 98 156 61 $319,876
Lacombe 97.60% 9 23 91 $334,611
Innisfail 90.80% 5 20 56 $229,580

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