Red Deer home sales down another month – REAL ESTATE

real estate red deer

Home sale were down again in April this year. There were 128 units sold in Red Deer April 2016, and only 109 this year. Even with the economy “feeling” better, it can take 10-18 months before homes sales are back on track.

Here are some sales stats from towns around Red Deer and how they fair compared to 2016.

Blackfalds (22 in 2016)  24 in 2017  (+9%)

Lacombe (16 in 2016)  10 in 2017 (-38%)

Sylvan Lake (31 in 2016)  19 in 2017 (-39%)

Innisfail (11 in 2016)  11 in 2017 (same)

Penhold (4 in 2016)  6 in 2017 (+50)

Stettler (10 in 2016)  10 in 2017 (same)

Some towns close to Red Deer are doing significantly better and others are down. With small sample numbers in the smaller towns it’s hard to determine if the numbers are relevant without tracking them longer term.

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About the Author

Blake King
Having lived in Red Deer my entire life and having experience in many avenues of real estate I offer enormous value to my clients.