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

Bystanders help Innisfail Mountie make arrest

A 35-year-old Ottawa man is facing a number of charges including resisting arrest

More supports for homeless needed for Red Deer

Provincial funding recently announced for Lethbridge

Second Central Alberta born jaguar dies

Mia’s brother Magnum dead at Discovery Wildlife Park

High profile individual delays UCP vote for Red Deer-South

Nomination vote to be held early in 2019

Police back mandatory alcohol screening

New legislation taking effect on Dec. 18 allows alcohol testing of all drivers legally stopped

Orlando SC acquires Canadian Tesho Akindele in trade with FC Dallas for cash

ORLANDO, Fla. — Canadian forward Tesho Akindele was traded to Orlando City… Continue reading

Koskinen notches third shutout, McDavid gets winner as Oilers blank Flames 1-0

EDMONTON — The Edmonton Oilers appear to have shored up their defence… Continue reading

Beyonce performs at pre-wedding party in India

Beyonce brought her star power to a pre-wedding party for the daughter… Continue reading

Kirk Douglas celebrates 102nd birthday

LOS ANGELES — Actor Kirk Douglas got to celebrate his 102nd birthday… Continue reading

Ellen Page steps up attack on Nova Scotia pulp mill’s effluent pipeline

HALIFAX — Hollywood actor Ellen Page is doubling down on her criticism… Continue reading

Pence aide out of running to be Trump’s next chief of staff

WASHINGTON — President Donald Trump’s top pick to replace chief of staff… Continue reading

Swath of South faces wintry mess: Snow, sleet, freezing rain

CHARLOTTE, N.C. — A massive storm brought snow, sleet, and freezing rain… Continue reading

‘I killed my best friend’: Opioids’ fatal grip on mayor, pal

MOUNT CARBON, Pa. — Janel Firestone found her son — the 24-year-old,… Continue reading

Most Read