DECEMBER 2008 IN REVIEW

 

THE FOLLOWING MLS STATISTICS ARE PROVIDED BY THE LETHBRIDGE REAL ESTATE BOARD CO-OP LIMITED WHICH COVERS THE GEOGRAPHICAL AREA OF THE CITY OF LETHBRIDGE, COUNTY OF LETHBRIDGE, CARDSTON COUNTY, COUNTY OF WARNER, M.D. OF TABER, M.D. OF WILLOW CREEK, M.D.OF PINCHER CREEK AND THE MUNICIPALITY OF THE CROWSNEST PASS.

BOARD WIDE:

There were 92 completed sales Board-wide which is down from 123 units sold in DECEMBER 2007; with a total dollar volume of $23,088,281 for the month of DECEMBER 2008, the dollar volume is down from the dollar volume of $29,839,137 in DECEMBER 2007. There were 84 Residential units sold and 8 non-residential, there were 240 new listings processed, 193 Residential and 47 non-residential; creating an inventory of 1493 active listings 1034 Residential and 459 non- residential listings. There were 2567 YTD closed sales for 2008, down from the 3124 YTD closed sales for 2007. Current YTD sales volume is $634,692,115 down from the $729,167,827 YTD sales volume in 2007.

LETHBRIDGE:

There were 40 completed residential sales in Lethbridge with an average price of $295,013 for the month of DECEMBER 2008. Number of units sold is down from the 70 units sold last DECEMBER; the average price is up from $274,802 in DECEMBER 2007.

COUNTY OF LETHBRIDGE: (Barons, Coaldale, Iron Springs, Nobleford, Picture Butte and Rural)

There were 15 completed residential sales in the County of Lethbridge with an average price of $222,422 for the month of DECEMBER 2008. Number of units sold is up from the 10 units sold last DECEMBER; the average price is up from $175,500 in DECEMBER 2007.

MUNICIPAL DISTRICT OF TABER: (Barnwell, Enchant, Grassy Lake, Purple Springs, Taber, Vauxhall and Rural)

There were 4 completed residential sales in M. D. of Taber with an average price of $183,750 for the month of DECEMBER 2008. Number of units sold is down from the 7 units sold last DECEMBER; the average price is down from $190,171 in DECEMBER 2007.

MUNICIPAL DISTRICT OF WILLOW CREEK: (Claresholm, Fort MacLeod, Granum, Nanton, Stavely and Rural)

There were 3 completed residential sales in M. D. of Willow Creek with an average price of $135,333 for the month of DECEMBER 2008. Number of units sold is up from the 0 units sold last DECEMBER; the average price is up from 0 in DECEMBER 2007.

CARDSTON COUNTY: (Cardston, Hillspring, Magrath, Mountain View, Welling and Rural)

There were 4 completed residential sales in Cardston County with an average price of $258,600 for the month of DECEMBER 2008. Number of units sold is up from the 0 units sold last DECEMBER; the average price is up from 0 in DECEMBER 2007.

COUNTY OF WARNER: (Coutts, Milk River, New Dayton, Raymond, Stirling, Warner and Rural)

There were 2 completed residential sales in the County of Warner with an average price of $252,250 for the month of DECEMBER 2008. Number of units sold is down from the 4 units sold last DECEMBER; the average price is up from $100,500 in DECEMBER 2007.

MUNICIPAL DISTRICT OF PINCHER CREEK: (Beaver Mines, Cowley, Lunbreck, Pincher Creek and Rural)

There were 0 completed residential sales in M. D. of Pincher Creek with an average price of 0 for the month of DECEMBER 2008. Number of units sold is down from the 1 unit sold last DECEMBER; the average price is down from $173,900 in DECEMBER 2007.

MUNICIPALITY OF THE CROWSNEST PASS: (Blairmore, Bellevue, Coleman, Frank, Hillcrest and Rural)

There were 0 completed residential sales in the Municipality of the Crowsnest Pass with an average price of 0 for the month of DECEMBER 2008. Number of units sold is down from the 5 units sold last DECEMBER; the average price is down from $283,400 in DECEMBER 2007.

No. of TOTAL Units Sold According to Price Category in all Areas:

a) Under - 80,900        8      g) 200,000 - 219,999      8      m) 270,000 - 279,999      1

b) 80,000 - 109,999     3      h) 220,000 - 229,999      3      n) 280,000 - 289,999       1

c) 110,000 - 139,999    4      i) 230,000 - 239,999      8       o) 290,000 - 299,999       3

d) 140,000 - 159,999   3       j) 240,000 - 249,999      7       p) 300,000 - 349,999      9

e) 160,000 - 179,999   7       k) 250,000 - 259,999     4       q) 350,000 & Over         14

f) 180,000 - 199,999    4       l) 260,000 - 269,999      5        Total Units: 92

THE VALUE OF AN INDIVIDUAL HOME CANNOT BE DETERMINED FROM READING THIS STATISTICAL INFORMATION. PLEASE CONTACT YOUR LOCAL EXPERT MARK KOZAK FROM CENTURY 21 FOR SPECIFIC INFORMATION REGARDING YOUR PROPERTY.

Mark Kozak

Mark Kozak

Associate
CENTURY 21 Foothills Real Estate
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