Central Alberta home sales still outpacing ’11

Home sales in Central Alberta at the midway mark of 2012 were up nearly 18 per cent from the six-month tally last year.

Home sales in Central Alberta at the midway mark of 2012 were up nearly 18 per cent from the six-month tally last year.

Multiple Listing Service statistics released by the Central Alberta Realtors Association on Tuesday indicate that 2,224 homes in the area were sold from January to June of this year, as compared with 1,889 for the same period in 2011.

The city of Red Deer accounted for 957 of this year’s sales, up 17 per cent from 819 in 2011; while the surrounding area combined for 1,267 sales, an 18 per cent improvement over the 1,070 transactions recorded for the same period last year.

For June alone, there were 188 home sales in Red Deer, up 11 per cent from the 170 in that month in 2011. The June tally for the outlying region was 257, a 21 per cent jump from last June’s figure of 213.

The average selling price in Red Deer last month was $298,942, as compared with $290,374 a year earlier. Outside the city, the average price in June was $256,685, down from the June 2011 averge of $263,311.

In May of this year, there were 198 MLS sales in Red Deer with an average price of $320,442. For the same month in the surrounding region, there were 262 sales at an average price of $252,817.

Average prices include homes of all types, and may not be representative of market trends.

During the first six months of 2012, the Central Alberta Realtors Association processed 1,583 residential listings in Red Deer, including 293 in June. That was down three per cent from the 1,626 listings for the same period in 2011.

For the surrounding area, 3,245 home listings were processed, with 596 of these in June. That marked a two per cent decline from 3,303 in 2011.

Just Posted

Central Alberta wildlife rehab facility not prepared to take orphaned bear cubs, yet

It’s been about eight years since the Medicine River Wildlife Centre was… Continue reading

Regional sewage line moving ahead despite concerns

Cost sharing among concerns of municipalities involved in Sylvan Lake-to-Red Deer sewage line

Red Deer family who lost everything in house fire begin rebuilding

Couple had moved into north-end home only two days before basement fire

Tory Leader Andrew Scheer says he doesn’t feel betrayed by Maxime Bernier

MONTREAL — Andrew Scheer says he doesn’t feel betrayed by former Tory… Continue reading

Humboldt Broncos player transferred to Calgary hospital for rehabilitation

CALGARY — One of the Humboldt Broncos hockey players injured in a… Continue reading

WATCH: Central Alberta pharmacists decry fee reductions for services

Government funding cuts to Alberta pharmacies will hurt health care, declared about… Continue reading

Supreme Court ruling corks B.C. vintners’ hopes for free trade of Canadian wines

VANCOUVER — The Supreme Court of Canada ruling upholding interprovincial trade laws… Continue reading

Lance Armstrong settles $100M lawsuit with U.S. government

Disgraced cyclist reached $5-million settlement with sponsor U.S. Postal Service

Montreal couple hoping city lets them keep beloved pet pig named Babe

MONTREAL — Babe the pig spends his days sleeping, going for walks… Continue reading

WATCH: This is a story about a stoned raccoon at a fire station

An unusual pair showed up in the pre-dawn hours at Fire Station… Continue reading

Plastic makers’ credit ratings may be hit by pollution rules

Plastic packaging makers may be less credit-worthy in the future as governments… Continue reading

Black Press Media acquires two new Alaska newspapers

New Media Investment Group to acquire the Akron (OH) Beacon Journal while Black Press Media takes on daily newspapers in Juneau and Kenai Alaska

‘Dining of the future’: vegan restaurant boom fuelled by meat eaters

Foodies say Canada is in the midst of a renaissance in plant-based… Continue reading

Northbound QEII traffic to return to northbound lanes as contruction continues south of Red Deer

Though the Hwy 2/Gaetz Avenue interchange still has months until completion, some… Continue reading

Most Read


Five-day delivery plus unlimited digital access for $185 for 260 issues (must live in delivery area to qualify) Unlimited Digital Access 99 cents for the first four weeks and then only $15 per month Five-day delivery plus unlimited digital access for $15 a month