Red Deer Real Estate Last Week Ending January 31, 2010

Last week marked the end of January 2010 and the end of another solid week in real estate for Red Deer in 2010.

Listing inventory climbed with more new listings coming on during that last week than the previous weeks however some of that was off set by sales and those that either expired or were cancelled.  The data from the Central Alberta REALTORS® Association for the Red Deer MLS® is as follows:


Week Ending  1/3/2010    1/10/2010   1/17/2010 
1/24/2010 
1/31/2010    Change From Last Week

.

New Listings    18     68    49    60    83       23

.

New Sales    15     20    19    16    25        9

.

Off Market    48     20    30    23    35       12

.

Total Inventory Level 
  416     444    444    474    497       23

Both sales and listings have been active with more listings coming in the later portion of the month, particularly last week. The balance of listing inventory versus sales is something we will continue to monitor each week and month.

January 2009 versus 2010 update will follow later this week

Your Friend in Real Estate,

Patrick Galesloot

Patrick on Twitter:  @pgalesloot

 

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