RASCA Stats for First Six Months 2009

Realtors Association of Central Alberta (RASCA) real estate report for the first half of 2009 came out yesterday complements of Don Friesen and supported what I have been reporting to all whom who have asked "hows the market?" over the past 6 months. Town of Drumheller shows 2009 home sales averaged $224,928 with 64 sales compared to 79 sales in the same period last year. Interestingly the average price increased by 3.4% over last year at this time. Average selling time was 115 days. As of reporting date Drumheller had 68 homes on the market with an average of 11 sales per month in 2009. Rural sales in Drumheller area averaged $181,217 with 23 sales.

This report does confirm that sales are occurring in Drumheller and pricing is holding strong however just listing your home will not guarantee a sale. Experience, price accuracy, and an aggressive marketing plan are ways you can increase your sale probability. Although the market has experienced a drop in sales the Chambers Real Estate team is happy to announce that both our sales volume number and gross volume of real estate sold has gone up for the first 6 months of 2009, and we would like to thank all of those who have chosen our experience to sell their home.

Gary Chambers

Gary Chambers

Associate
CENTURY 21 PowerRealty.ca
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