October 2024 Market Stats
Andrew Russell
November 6, 2024
Sales dipped by just 5 units compared to September, which was down 30% from August, however this is reasonably normal market behaviour as we move
Our blog articles provide the latest information and trends in real estate for Red Deer, keeping you in the know.
Sales dipped by just 5 units compared to September, which was down 30% from August, however this is reasonably normal market behaviour as we move
Much like the weather, September sales cooled after a very busy spring and summer market. Red Deer posted 139 sales in September, the lowest number
Another busy month for real estate in August! A couple of notable items to point out: Despite sales and activity levels still being very high,
Central Alberta residential MLS sales in July slowed by 9% compared to June, and 22% compared to May. It’s not unusual to see things calm
It’s not unusual to see a bit of a lull in the market around the end of June and into July. With kids getting out
The Central Alberta real estate market is setting a pace rarely seen in the past 40 years, and detached and semi-detached homes are reaching record
Central Alberta residential MLS sales in March were up 36% compared to February while the number of active listings only increased by 12%. The sales
Another good month in February, and another month where single family properties under $500k are still in very high demand. Low inventory is still a
January sales dipped 9 units from December, but that’s expected at this time of year. A week or two of -50 weather never helps buyer
After several months of inventory steadily increasing, the market appears to have found a comfortable balance. Sales numbers improved compared
By mid-summer, many homeowners find themselves asking the same question: Should we list now, or wait until fall? With warmer weather, longer
While the market remains active, rising inventory levels have moved us back into a balanced market. Sales dipped slightly compared
Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.