Home sales have strong year

Red Deer’s residential resale market posted a strong year in 2013, with home sales numbering 1,830, up 7.2 per cent from 1,707 in 2012.

Red Deer’s residential resale market posted a strong year in 2013, with home sales numbering 1,830, up 7.2 per cent from 1,707 in 2012.

In the outlying area serviced by the Central Alberta Realtors Association, the improvement was more modest, edging up 0.8 per cent to 2,472 from 2,453.

In 2012, the year-over-year growth in Multiple Listing Service sales was 9.4 per cent in Red Deer and 11.2 per cent outside the city.

Average home prices also continued to climb in both markets in 2013.

In Red Deer the figure was $321,985, up from $310,722 in 2012 and $287,022 in 2011.

In the surrounding region, the average price last year was $268,354, as compared with $262,007 in 2012 and $233,814 in 2011.

The number of new residential listings in Red Deer processed by the Central Alberta Realtors Association last year totalled 2,738, up 5.2 per cent from 2,603 the previous year. Outside the city, new listings fell 10.6 per cent in 2013, to 4,580 from 5,124.

Despite Red Deer’s more robust market last year, the final month of 2013 produced 13.3 per cent fewer MLS sales than in the same period a year earlier — slipping to 72 from 83. Outside the city, MLS sales in December totalled 97, a 22.8 per cent jump from 798 the previous year.

The average price of Red Deer homes sold through the MLS system last month was $303,515, as compared with $283,381 in December 2012.

Elsewhere in the region, the average price dipped to $246,627 from $261,894.

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 from period to period can vary.

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

Just Posted

Marcus Golczyk, with Taco Monster, hands food to a customer during Food Truck Drive and Dash in the Westerner Park parking lot in Red Deer Friday afternoon. The drive-thru event will run every Thursday from 4-7 p.m. and Friday from 11 a.m. to 2 p.m. through June. Photo by SEAN MCINTOSH/Advocate staff
Food Truck Fridays, Food Truck Drive and Dash return in Red Deer

Red Deerians are able to take in a drive-thru food truck experience… Continue reading

Don and Gloria Moore, of Red Deer, are set to celebrate their 70th anniversary later this month. (Contributed photo)
Red Deer couple to celebrate 70th anniversary

Red Deer couple Don and Gloria Moore are set to celebrate their… Continue reading

Chris Scott, owner of The Whistle Stop Cafe, was put in handcuffs after an anti-restriction protest Saturday in the parking lot of the business. (Screenshot via The Whistle Stop Facebook page)
UPDATE: Central Alberta cafe owner arrested after anti-restriction protest

The owner of a central Alberta cafe, which was the site of… Continue reading

Alberta has 1,910 active cases of COVID-19 as of Wednesday. Red Deer is reporting five active cases, with 108 recovered. (File photo)
Red Deer now has 911 active COVID-19 cases

Central zone has 2,917 active cases

Red Deer Regional Hospital Centre's expansion project is still a high priority, says Alberta Infrastructure Minister Prasad Panda. (File photo by Advocate staff)
Red Deer hospital ICU admissions stable, but rising, says surgeon

The Red Deer Regional Hospital Centre’s intensive care unit is in better… Continue reading

FILE - A firefighter wears a mask as he drives his truck. THE CANADIAN PRESS/Jonathan Hayward, File
VIDEO: Flames rip through Edmonton-area seniors complex, but no fatalities

ST. ALBERT, Alta. — Fire has destroyed part of a retirement complex… Continue reading

A caribou grazes on Baffin Island in a 2008 file photo. A last-ditch attempt to save some of Canada's vanishing caribou herds is a step closer after a scientific review panel's approval of a plan to permanently pen some animals and breed them to repopulate other herds. THE CANADIAN PRESS/AP-Kike Calvo via AP Images
Parks Canada captive caribou breeding proposal gets OK from scientific review panel

JASPER, Alta. — A last-ditch attempt to save some of Canada’s vanishing… Continue reading

The smouldering remains of houses in Slave Lake, Alta., are seen in a May 16, 2011, file photo. The wildfire that is devastating large swaths of the northern Alberta city of Fort McMurray comes just five years after another blaze destroyed 400 buildings and left 2,000 people homeless in Slave Lake, Alberta. THE CANADIAN PRESS/Ian Jackson
Ten years later: Five things to know about the Slave Lake wildfire

A wildfire burned about one-third of Slave Lake in northern Alberta in… Continue reading

Edmonton Oilers' Connor McDavid (97) celebrates his 100th point this season with Leon Draisaitl (29) against the Vancouver Canucks during second period NHL action in Edmonton on Saturday, May 8, 2021.THE CANADIAN PRESS/Jason Franson
Edmonton Oilers captain Connor McDavid races to 100 points this NHL season

Edmonton Oilers forward Connor McDavid sprinted to a 100-point NHL season and… Continue reading

A Foodora courier is pictured as they pick up an order for delivery from a restaurant in Toronto, Thursday, Feb. 27, 2020. THE CANADIAN PRESS/Nathan Denette
Two-year EI review needed to buy time for needed tech upgrades, Qualtrough says

OTTAWA — Canada’s employment minister says a budgetary pledge for funding to… Continue reading

A person wears a face mask as they walk through McGill University during light snowfall in Montreal, Sunday, December 20, 2020 as the COVID-19 pandemic continues in Canada and around the world. THE CANADIAN PRESS/Graham Hughes
Some universities say no to proof of vaccination requirement

A COVID-19 vaccine likely won’t be a requirement to return to the… Continue reading

Prime Minister Justin Trudeau and Deputy Prime Minister and Minister of Finance Chrystia Freeland, participate in a virtual discussion with seniors from Residence Memphremagog in Magog, Que., from Ottawa on Monday, May 3, 2021. Liberals, Conservatives and New Democrats are on the move in advance of a potential election this year, recruiting candidates, training volunteers and grappling with how to kiss babies and press the flesh in a virtual, pandemic-restricted world. THE CANADIAN PRESS/Sean Kilpatrick
Grappling with how to press the virtual flesh, parties gear up for election showdown

OTTAWA — The three main national parties are firing up their election… Continue reading

Nuns of Mother Teresa’s Missionaries of Charity, carry some of her relics during a vigil of prayer in preparation for the canonization of Mother Teresa in the St. John in Latheran Basilica at the Vatican, Friday, Sept. 2, 2016. In which city did she do much of her charitable work? (AP Photo/Gregorio Borgia)
QUIZ: How much do you know about these motherhood issues?

In honour of Mother’s Day, take this 10-question quiz

Dr. Robert Strang, Nova Scotia's chief medical officer of health, is setting off a social media reaction with his calls to stop non essential shopping, such as "buying sandals at Costco", with this photo of his worn sandals, which he published to social media on Saturday, May 8, 2021. THE CANADIAN PRESS/HO-Dr. Robert Strang, *MANDATORY CREDIT*
Nova Scotia’s top doctor sparks meme with caution on non-essential shopping

HALIFAX — Nova Scotia’s top doctor has launched a social media meme… Continue reading

Most Read