House sales plummeted in April, but there is still some activity out there. These show homes were in Evergreen. Photo by PAUL COWLEY/Advocate staff

House sales plummeted in April, but there is still some activity out there. These show homes were in Evergreen. Photo by PAUL COWLEY/Advocate staff

Central Alberta house sales improving

Yearly numbers are down but June was stronger

Central Alberta real estate markets began to bounce back in June after a spring pandemic pummelling.

In June, 461 units were sold in central Alberta — up 36 per cent from May, an unusually large jump.

Sales numbers were higher than June 2019, when 427 units changed hands.

In 2018, there were 464 units sold, and 460 sold in 2017, according to Multiple Listing Service statistics supplied by the Central Alberta Realtors Association.

For the first six months of the year, there were 1,718 units sold in central Alberta, still trailing previous years because of the impact of COVID and low oil prices.

In 2019, there were 2,056 units sold in June, and in June 2018, 2,240.

In the Red Deer market, there were 506 units sold to the end of June, compared with 649 last year. In 2018, there were 713 sales, and in 2017, there were 675.

There were some positive signs in the Red Deer market despite lagging sales. The 31 per cent increase in sales from May to June this year was higher than normal, perhaps an indication of pent-up demand after pandemic restrictions limited open houses and kept potential buyers at home.

The number of days it took to sell a home last month was 61, well below the 82 days in 2019 and on par with the 58 days in 2018.

The average sale price in Red Deer is up so far this year — $321,367, compared with $310,237 last year. In 2018, the average sale price was $330,611, and in 2017, it was $337,809.



News tips

Like us on Facebook and follow us on Twitter

Real Estate

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Many students and staff at St. Joseph High School are in COVID-19 quarantine. (File photo by JeffAdvocate staff)
St. Joseph High School students return to at-home learning today

Majority of students under COVID-19 quarantine

People skate on a lake in a city park in Montreal, Sunday, January 10, 2021. THE CANADIAN PRESS/Graham Hughes
The end of hugs: How COVID-19 has changed daily life a year after Canada’s first case

By March a series of measures fundamentally altered how many Canadians live

SARS-CoV-2 virus particles, which causes COVID-19, emerge from the surface of cells isolated from a patient in the U.S. and cultured in a lab in a 2020 electron microscope image. THE CANADIAN PRESS/AP-HO, National Institute of Allergy and Infectious Diseases - Rocky Mountain Laboratories
Alberta adds 463 new COVID-19 cases on Sunday

The central zone has 818 active cases

Red Deer teacher Janelle Van Tetering had her students write letters to attach to Blankets of Hope, which will be donated to the Mustard Seed. (Contributed photo)
Red Deer teacher, students donate ‘Blankets of Hope’ to those in need

A Red Deer teacher and her students are giving warm blankets and… Continue reading

Terrance Josephson of the Princeton Posse, at left, and Tyson Conroy of the Summerland Steam clash during a Junior B hockey game at the Summerland Arena in the early spring of 2020. (John Arendt - Summerland Review)
QUIZ: How much do you know about hockey?

Test your knowledge of Canada’s national winter sport

Toronto Maple Leafs' Alexander Kerfoot, centre, tries to get the puck past Calgary Flames goalie Jacob Markstrom, right, as Noah Hanifin looks on during first period NHL hockey action in Calgary, Sunday, Jan. 24, 2021.THE CANADIAN PRESS/Jeff McIntosh
Morgan Reilly’s three assists lifts Maple Leafs to 3-2 win over Flames

Leafs 3 Flames 2 CALGARY — Morgan Reilly’s three assists helped the… Continue reading

Green Bay Packers' Adrian Amos (31) reacts after intercepting a pass intended for Tampa Bay Buccaneers' Mike Evans during the second half of the NFC championship NFL football game in Green Bay, Wis., Sunday, Jan. 24, 2021. (AP Photo/Jeffrey Phelps)
Road warriors: Bucs win 31-26 at Green Bay, reach Super Bowl

GREEN BAY, Wis. — Tom Brady and the Tampa Bay Buccaneers’ road… Continue reading

People arrive to be tested for COVID-19 at a clinic in Montreal, Sunday, January 24, 2021, as the COVID-19 pandemic continues in Canada and around the world. THE CANADIAN PRESS/Graham Hughes
Too soon to know if Canada’s COVID-19 case decline will continue, Tam says

MONTREAL — It’s still too soon to know whether the recent downward… Continue reading

Flowers are seen at the front door of Dr. Denis Vincent's dental practice in North Vancouver, B.C. on March 31, 2020, after he died of COVID-19. The British Columbia Dental Association has written a letter to Premier John Horgan urging him to include dentists in a priority group for the COVID-19 vaccine. THE CANADIAN PRESS/Jonathan Hayward
Dentists, teachers disappointed they won’t be prioritized for vaccine in B.C.

VANCOUVER — Dentists and teachers are among the groups that are disappointed… Continue reading

Indiana Pacers guard Justin Holiday (8) shoots over Toronto Raptors forward DeAndre' Bembry (95) during the first half of an NBA basketball game in Indianapolis, Sunday, Jan. 24, 2021. (AP Photo/Michael Conroy)
Anunoby’s hot hand helps short-handed Raptors beat Pacers

Raptors 107 Pacers 102 INDIANAPOLIS — OG Anunoby scored a season-high 30… Continue reading

A woman injects herself with crack cocaine at a supervised consumption site Friday, Jan. 22, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
Drug users at greater risk of dying as services scale back in second wave of COVID-19

OTTAWA — Under fluorescent lights, Wendy Muckle surveys the supervised consumption site… Continue reading

The Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa on Monday, Aug. 17, 2020. nbsp; THE CANADIAN PRESS/Sean Kilpatrick
Taxpayers’ watchdog sees complaints spike, raising worries about pandemic tax season

OTTAWA — Canada’s taxpayers’ ombudsperson says his office has seen a steep… Continue reading

Most Read