March continues to roll along following the increase in volume that occurred in February.
Weekly Numbers:
We noticed a slow down in the number of listings coming on. This is a positive sign for sellers already on the market, they enjoy the decrease in competition. This is not a trend yet we shall continue to monitor the weekly movement as well as monthly.
March at a glance:
...
Posted by Patrick Galesloot
on March 18, 2009
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 ...
Posted by Patrick Galesloot
on March 14, 2009
Normal Market may be an applicable descriptor for the month of February.
February 2009 recorded the 4th highest sales volume for single family homes when comparing to previous February sales volumes.
Recent years February Sales Volume:
Single Family Sales
February
2009
87
2008
115
2007
96
2006
122
2005
82
2004
84
2003
49
2002
64
2001
63 ...
Posted by Patrick Galesloot
on March 11, 2009
What a crazy weather week in Red Deer. On the Real Estate front not so crazy but steady.
The weather was terrible with a storm blowing in on the weekend, and we had highs and lows and bitter low temperatures. Despite that, listings were on the rise, and sales remain steady.
Click on the image to view larger and more clear. The number of listings increased from 67 new ...
Posted by Patrick Galesloot
on March 10, 2009
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. ...
Posted by Patrick Galesloot
on March 8, 2009
February is over and March is coming in like a Lion today allowing time to catch up on stats and planning.
Sales increased as did the volume of listings from the previous week as indicated above. Sales activity increased by 28% from the week before. Expectations are that March will have more positive sales growth with the reduction in interest rates. Now lets hope mother nature ...
Posted by Patrick Galesloot
on March 5, 2009
Last week in Red Deer real estate was a bit slower than the previous week but still a solid performer.
Weekly Stats
# Listings
# Sales
# Pending Sales
Jan. 25-Feb. 01
67
21
19
Feb. 2-Feb. 8
90
27
22
Feb. 9-Feb. 15
70
35
29
Feb. 16-Feb. 22
52
23
24
Pending ...
Posted by Patrick Galesloot
on February 25, 2009
Weekly Sales numbers in Red Deer, AB. jump 30% from the previous week.
Weekly Stats
# Listings
# Sales
Dec.29/08-Jan. 4/09
14
7
Jan. 5-Jan. 11
47
11
Jan. 12-Jan. 18
69
7
Jan. 19-Jan. 25
63
23
Jan. 25-Feb. 01
67
21
Feb. 2-Feb. 8
90
27
Feb. ...
Posted by Patrick Galesloot
on February 18, 2009
Recently we have seen a few more bank owned and court ordered sales on the market. I went through all of the listings in Red Deer and today there were 9 actives that would fall into this category. Many people that I have talked to lately are under the impression that we have many foreclosures on the market and this simply is not the case. It is not very likely that we will see foreclosure ...
Posted by The Walper Team
on February 16, 2009
Real Estate Activity is on the rise!
Talk to a few Realtors and you and the response will be that there is in fact more action in the market place.
The numbers also reflect that as noted above. There was an increase in listings as well as sales.
The weather on the weekend was fantastic. That may have something to do with the amount of traffic I witnessed at 38 Overand Place. ...
Posted by Patrick Galesloot
on February 10, 2009