Market Information

Market Information Real Estate Market Update 2022 – July First Half of 2022, Market Update How’s the Market? Are things still crazy with the interest rates? If you have these questions, you’re not alone. We get asked these all the time. We’re happy to answer how the local market is for your home. Upon closer look at the Supply & Demand this year, the […]
Market Information May Market Update – Did We Pass The Peak? Welcome to June 2022! Sun is shining, it feels like summer is here, and for sale, signs have been popping up as fast as dandelions out there. May sales volume just squeaked past the high level we saw in April this year.  242 residential sales were reported in May 2022 on our MLS system.  For […]
Market Information Spring 2022 Market Update 2022 Spring Market Update, May Edition We are in a “Sellers” market for some property types and price ranges, while the rest of the market appears to be more balanced. So, contrary to headlines and rumours, not every home is flying off the shelf. Red Deer continues to be Single Family Detached market dominant. The […]
Market Information Why Now Is The Best Time To Buy Red Deer Real Estate Get off the fence and get into the real estate market The top reasons anyone should purchase real estate are: Equity/Capital Growth Potential Financing/Ownership Is more affordable than renting Leverage creates more long term or short term benefits The plain and simple explanation is, Capital growth is an increase in the value of your real […]
Market Information September 2021 Market Update Red Deer Real Estate Market Update, September 2021 A look at the numbers tells us the average sale price for September 2021 versus September 2020 is higher, sales volume is stronger, the days to sell is shorter, and the sale to new listings ratio is stronger. A little deeper diver into the numbers shows us […]
Market Information June 2021, A Balanced Market, What Does That Mean For You? What does a Balanced Real Estate Market Mean? It’s more than an equation or ratio of 50/50 (50:50).  Where the Incoming listings (the supply) meet the demand or sales volume with respect to real estate listings. In June the number of “new listings” that came on the market as new, this also would include “relists”, […]
Market Information May 2021 Red Deer Real Estate Update The Red Deer MLS® real estate market continues to roll and is a balanced market.  Some properties are experiencing multiple offers and very “hot” demand, but this is not widespread across all property types or even all price ranges.  The overall real estate market in Red Deer has recovered substantially from 2020 and earlier. Looking […]
Market Information What does the Red Deer real estate inventory look like as of April 2021? The Red Deer real estate market was on fire in April and is showing steady signs to continue this trend into May as well. Here is a detailed look at the inventory levels in Red Deer for detached homes, townhouses, apartments as well as half duplexes. If you are thinking of selling you will also […]
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