Central Alberta Market Recap for January
This January, Central Alberta saw 224 residential sales. This was an increase of 21.1% compared to January 2017 & the highest number of sales reported for that month since 2014!
Sales in all of Alberta saw an increase of 6.8% from January 2017.
The MLS system reported 720 new residential listings in January, an increase of 12% from January 2017.
Dollar volume of January's home sales in Central Alberta totalled $65.4 million; 15.4% increase compared to January 2017.
3,032 active listings on the market at the end of month, rising 5% from active listings in January 2017. Inventory was at its highest for January, for the first time since 2011.
For any other questions about the past or current market, please contact me!
*All information from CARA (Central Alberta Realtor's Association).
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