April a brisk month for resale home activity

Home resale activity in Central Alberta was relatively brisk last month, based on stats provided by the Central Alberta Realtors Association.

Home resale activity in Central Alberta was relatively brisk last month, based on stats provided by the Central Alberta Realtors Association.

Multiple Listing Service figures for April indicate that there were 213 sales in Red Deer, up 22 per cent from the 175 deals posted a year ago. And compared with the 160 MLS sales in March, month-to-month resale activity jumped 33 per cent.

Residential property in the area outside Red Deer also changed hands at a rapid pace, with the 296 rural sales in April a 17 per cent jump from the 254 a year earlier.

The figure was also up 20 per cent from March, when 247 homes sold.

The average sales price in Red Deer last month was $349,201, up from $309,569 in April 2013 and $325,889 in March 2014.

Outside Red Deer, the average price was $283,996, as compared with $255,911 a year earlier and $280,157 in March of this year.

The Central Alberta Realtors Association has cautioned that average prices are not a good indicator of market trends, because the types and locations of properties sold vary from period to period.

As of the end of April, 602 homes had been sold in Red Deer this year, up 11 per cent from 582 for the same four-month period in 2013.

Outside the city, the year-to-date tally was 829, up 18 per cent from 702 last year.

There were 307 residential listings in Red Deer processed through the MLS system last month, as compared with 264 in April 2013 and 273 in March 2014.

Outside the city, new listings last month totalled 576 — an increase from 557 a year ago and from 507 this March.

Just Posted

BREAKING: Red Deer to host Canadian Finals Rodeo in 2018

The CFR is expected to bring $20-30 million annually to Red Deer and region

Canada, U.S. lead call for enforcement of sanctions against North Korea

VANCOUVER — Canada and the U.S. led calls Tuesday for the global… Continue reading

Donald Trump aces mental aptitude test designed by an immigrant to Canada

WASHINGTON — When the White House released the results of a test… Continue reading

Food industry fails to meet most voluntary sodium reduction targets: Health Canada

TORONTO — Voluntary sodium targets for the food industry have failed to… Continue reading

Feds long way from restarting or scraping missing, murdered women inquiry: PM

OTTAWA — Prime Minister Justin Trudeau says his government is a long… Continue reading

WATCH: Rebels play floor hockey with Annie L. Gaetz students

The Rebels may be on a losing streak but they were definitely… Continue reading

Ice dancers Virtue and Moir to carry flag at Pyeongchang Olympics

Not since Kurt Browning at the 1994 Lillehammer Games has a figure… Continue reading

Beer Canada calls on feds to axe increasing beer tax as consumption trends down

OTTAWA — A trade association for Canada’s beer industry wants the federal… Continue reading

Central Albertans recall Hawaii’s false missile alert

Former Red Deer councillor Paul Harris was hanging out at the Ka’anapali… Continue reading

This robotic maid takes us one step closer to ‘The Jetsons’

Imagine this: You’re rushing to get ready for work — juggling emails,… Continue reading

Milan line offers canine couture for pampered pooches

Milan has long been the world’s ready-to-wear fashion leader. Now, dogs are… Continue reading

Kim Kardashian West and husband Kanye welcome baby girl

NEW YORK — It’s a girl for Kim Kardashian West and her… Continue reading

Advocate poll takers oppose plastic bag ban

Red Deer Advocate readers like their plastic bags. In an Advocate poll,… 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