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Red Deer Real Estate 2009 Market Update and Beyond

We finished 2009, the end of the first decade of the "New Millennium".  This month we've been busy returning to work focusing on new goals for the new Year.  At Century 21 Advantage we have also been preparing for our kick off meeting.  This is the meeting where we present tips, tools and information to our associates so that they can better serve your real estate needs.  This year ...

Seasons of Change for Red Deer Real Estate

October is truly a season of change with harvesting done or in final stages, snow appearing and disappearing, leaves turning, and houses on the move. We've officially entered the 4th fiscal quarter for 2009.  So how are we doing?  A recent article in the Red Deer Advocate would have you believe that the market outlook is quite flat and bleak.  This week we've experienced market news ...

Red Deer 2009 June MLS® Sales Exceed 2008 Levels

June 2009 was a busy month for MLS® sales in Red Deer.  The Central Alberta REALTORs® Association (CARA)recorded 213 sales for June  2009 which exceed 2008 sales number 213. So the market is busier for sales than last year, it is good news but premature for a celebration.  It is still quite competitive if you are selling.  We have been carrying inventory ...

Last Week in Red Deer Real Estate, week ending April 26th

April Continues to improve upon February and March numbers. The warm spring weather combined with low interest rates are certainly bring out the buyers.  Reports from our associates hosting open houses is that the open houses are busy.  All that extra traffic has turned into sales for sellers.  The number of sales so far for the month of April is at 162 sales in ...

How to get from "For Sale" to "Sold" in Red Deer

Two comments or questions asked of us that we hear most often today: "Is the market going down more?" "I'm waiting for the prices to come down further" Quite often people are surprised when I mention that houses are selling.  I think too many people are listening to CNN or Canada Am, and getting national news or news from other regions mixed up with local news.  The reality is yes ...

This week's new Century 21 Advantage listings

New Listings from Monday, March 9, 2009 to Saturday, March 14, 2009: 147 Valentine Cres $349,900, Listed with Dale Body 34 INGLIS CRES $434,900, Listed with BRENDA BOWNESS 84 CYPRUS ROAD $379,900, Listed with DALE DEVEREAUX 33 DONLEVY AVE 111 $219,900, Listed with DALE DEVEREAUX 92 DOBLER AVE $424,900, Listed with DALE DEVEREAUX 4828 51 STREET $420,000, Listed with DALE ...

Red Deer Real Estate Update part 2

A busy few days kept me from updating on how February ended in Red Deer.  It ended on a positive note.  After experiencing a few months of sluggish sales we experienced an increase over January. The bulk of the activity is occurring in the $250 - $350,000 range.  The activity that occurred in January in that range probably pushed the wave up into higher ranges for February.  ...

Red Deer Real Estate Thanksgiving

Numbers for the local real estate market here in Red Deer, were recently released.  Despite a global economic freak-out on a local level real estate remains stable over all.  The weekly sales volume reacting to media, but overall we're experiencing a consistent trend. Compared to a year ago September sales have been good, but 2008 has more spikes.  Possible media connection with the ...

Penhold Alberta, the place to invest in

Looking for a small town loaded with potential?  Penhold may just have what you are looking for. Penhold although small in stature is the only "bedroom" or "commuting city" with in 15 - 20 minutes of Red Deer that has experienced an increase in MLS sales volume.  The average sale price for real estate in Penhold has also experienced growth over 2007, not matched by Blackfalds or Sylvan ...

Red Deer Real Estate Market Update

How is the Real Estate Market in Red Deer Alberta? Well as you can see it is still quite healthy. There are many listings on the market creating conditions for a buyers market. The average sale price in August for single family homes (houses) was quite strong. The average house sale price in August 2008 being $346,40, which is 99% of 2007's average house sale price of $351,467. August and July ...
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