What Happened In The Real Estate Market In March 2018?

Posted by Kevin Lapp on Wednesday, April 4th, 2018 at 9:26am.

This past March Red Deer saw 293 new single family listings.

The average sale price in the month of March was $300,005 with 64 average days on market compared to March 2017 which was $339,336 with an average of 77 days on market.

This does not mean the price of homes have drastically decreased it is an indication of limited activity in the higher price points.

Sylvan Lake saw 30 sales in the month of March and 101 new listings with March 2017 posting 38 sales and 82 new listings.

The market in Sylvan is showing an average of 85 DOM with an average sale price of $300,577.

If you would like a copy of the stats or any other community please let us know and we will provide them to you!

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