The Drumheller Real Estate market remains a Buyer's Market.
- For the month of September 2008, the AVERAGE DRUMHELLER HOUSE PRICE was $251, 379 up 1.4% from September 2007.
- There have been 14 residential sales in September 2008, bringing the year to date total of residential sold properties to 112. In September 2007 there were 16 residential sales in September and the year to date of sold properties totaled 139.
Our advice to sellers continues to be an emphasis on the critical importance of pricing your property for the new reality. Most sellers instinctively want to err on the high side when choosing a list price- it's natural to do so. But if you put yourself in the buyer's shoes- Buyers know it is their market and they are looking for properties which exceed their expectations. Fight that instinct to list too high- trust the number your Realtor recommends for this market. Be serious about selling and you will be one of those whose property sells for a good price.
For more information or to discuss listing or buying a property, contact Gary Chambers 403-820-2121 or Kim Suntjens 403-823-4000, The Chambers Real Estate Team at Century 21 Power Realty in Drumheller, AB.