Residential sales still outpacing 2009

The number of homes sold in Red Deer last month was lower than in April 2009, but total residential sales so far this year are still ahead of the 2009 tally to the same point.

The number of homes sold in Red Deer last month was lower than in April 2009, but total residential sales so far this year are still ahead of the 2009 tally to the same point.

A total of 156 city homes were sold through the Multiple Listing Service in April, down from 178 a year earlier. But the Central Alberta Realtors Association noted in a news release that 123 of last month’s sales were single-family dwellings, up from the 110 homes in this category a year earlier.

Outside Red Deer, 177 residential sales were processed through the local MLS system — up from 163 in April 2009. Single-family dwellings accounted for 118 of each total.

The association said 1,025 Central Alberta homes were sold from January to April: 476 in Red Deer and 549 in the surrounding region. That’s up from the first four months of 2009, when 1,019 residential sales were processed: 473 in the city and 546 outside.

The association also noted that local listings were up in April, with 938 residential properties added to the MLS system, as compared with 852 for the same month in 2009. Central Alberta Realtors Association president Sandi Gouchie said there are new listings in all price categories.

“This is a typical, healthy spring market for Central Alberta,” she said.

The median price of single-family dwellings sold in Red Deer in April was $325,000, up from $318,500 a year earlier. In the surrounding area, the median price of a single-family dwelling was $283,500 last month, a year-over-year increase from $269,950.

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