The Gist:

  • In the past 5 years, the normal daily rate for new listings in May has been between 62-81, while the average daily rate for sales has been between 39-42. 

  • While the market has been stifled so far this May, we’re starting to see an upward turn towards what has been the average daily listing rate in previous years. 

  • Listings are trending towards the normal average rate in the last 7 days as Alberta prepares for our relaunch. We are watching to see if demand will rise with this supply.

  • Condominium Appetite

    • 32 condos were sold in the past month, with the average sale price being about $240,000. 

  • Single Family Dwellings Appetite

    • There have been 159 single family homes sold in the past month, averaging a sale price of $365,000. 

    • If you’re wanting to bring your house to the market priced near this average, you can be confident that there will be more of an appetite for it.

 

Want to Know Whats Happening in Your Neighbourhood? 🏘🏡


⬇️ Daily Market Indicators ⬇️

 

🎧 HACK&Co Playlist: Price Reduction Remix 🏷

Take a peek at properties that have lowered their prices since Emergency Shutdown 📉