September Real Estate Report

Weather and Back to School, and the prospect of no NHL hockey seemed to dominate conversations.  Well after real estate any way. ;-)

No doubt September was very warm and dry with plenty of sun shine in Central Alberta.  Maybe this influenced the robust real estate market sending sales well above 2011 numbers.

Sales, Number of
Month201020112012
Jan 85 91 85
Feb 115 103 135
Mar 120 150 155
Apr 156 126 200
May 151 178 198
Jun 132 170 188
Jul 126 150 158
Aug 94 139 130
Sep 121 118 138
Oct 76 127  
Nov 112 129  
Dec 98 82

  Over the next few days we'll break down the real estate market activity, however the snap shot or "highlights" are:

  • MLS® Sales up 16.9% above 2011 level in the City of Red Deer
  • New MLS® Listings down 7.4% from 2011 levels in the City of Red Deer
  • Market prices holding stringer with the Closing Price to List Price Ratio improving year over year: 
    Sep 97.0% 97.4%

    97.7%

More to follow, but for now Sellers can expect a more balanced result.

Patrick Galesloot

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