Red Deer Market Update – July 1/10

Market Update to July 1/10 Red Deer

Price Range

All

Active

Pending

Active 1 Year Ago

Sold MTD

June 24/10

Sold MTD

June 30/10

Sold MTD

June 30/09

< 100

13

1

23

4

7

5

100 – 150

48

1

24

7

10

10

150 – 200

77

3

65

9

13

11

200 – 250

104

9

102

20

22

41

250 – 300

145

10

84

23

27

56

300 – 325

85

3

45

8

11

23

325 – 350

79

5

51

6

6

18

350 – 375

49

2

35

3

5

13

375 – 400

52

1

36

6

7

10

400 – 450

58

6

49

8

10

14

450 – 500

39

1

21

7

7

7

500+

77

7

52

5

8

5

Total

826

49

587

106

133

213

Avg. Price

$331,999.

$321,001.

$289,783.

$287,950.

$291,287.

Days On Market

49

46

54

52

46

red-deer-meeting-info-july-1-10

More good news!  It seems that once Albertans go to work, we make more than the average Canadian.  The trick now is to get more of us working.

 

One explanation I heard the other day for the ongoing lack of activity in the oil and gas sector is that they are still on spring breakup.  With all the wet weather it has been difficult for the equipment to get into the field, so they sit and wait.  Once it dries up a little, things will pick up substantially and that’s good news!

Red Deer Stats - June 2010

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