Last Week in Red Deer Real Estate, week ending April 26th
April Continues to improve upon February and March numbers.
The warm spring weather combined with low interest rates are certainly bring out the buyers. Reports from our associates hosting open houses is that the open houses are busy. All that extra traffic has turned into sales for sellers. The number of sales so far for the month of April is at 162 sales in Red Deer, compared to 123 last month. The average sale price seems to be climbing as well as more people are trading up form their starter homes to the bigger second home. Sales price in March was all listings was an average of $285,407 while in April so far it is up to $293,756.
As we can see below the pending sales are quite strong. The pending sales are an indicator fo deals written, and the trend is rising.
Positive signs for all selling homes to today and also for buyers know that their investment is secure not just for the long term but short term as well.
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Weekly Stats |
# Listings |
# Sales |
# Pending Sales |
# Price Changes |
# Expired Listings |
# Cancelled Listings |
Net loss/gain |
Active Single Family Listings |
Active Apartment Condo Listings |
Total Active |
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Feb. 23-March 1 |
67 |
29 |
25 |
42 |
21 |
10 |
7 |
360 |
115 |
611 |
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March 2-March 8 |
84 |
29 |
16 |
39 |
7 |
21 |
27 |
370 |
114 |
633 |
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March 9-March 15 |
51 |
25 |
24 |
40 |
9 |
21 |
-4 |
365 |
113 |
632 |
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March 16-March 22 |
63 |
32 |
23 |
53 |
8 |
25 |
-2 |
376 |
114 |
646 |
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March 23-March 29 |
69 |
28 |
36 |
49 |
4 |
13 |
24 |
380 |
116 |
655 |
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March 31-April 5 |
60 |
40 |
22 |
44 |
23 |
14 |
-17 |
372 |
115 |
649 |
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April 6-April 12 |
58 |
36 |
36 |
44 |
8 |
7 |
7 |
374 |
114 |
647 |
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April 13-April 19 |
78 |
42 |
38 |
49 |
17 |
20 |
-1 |
370 |
114 |
651 |
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April 20-April 26 |
64 |
39 |
32 |
61 |
8 |
14 |
3 |
377 |
114 |
654 |
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I think we are just about out of the weeds as far as snowing weather is concerned. Look for more positive growth as we plunge into May.
Your Friend in Real Estate,
Patrick Galesloot
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Posted by Patrick Galesloot
on April 28, 2009