In Stony Plain we have the same amount of inventory compared to Jan 2020 but sales increased by 33%
In Spruce Grove we have 23% less inventory compared to last January and we had a 59% increase in sales!!
In Parkland County we have 36% less inventory compared to last year at this time and sales increased by 110%. Last year we only had 10 sales all January and this year we had 21 sales!!
With the low inventory we are seeing traits of a sellers market for the first time in years. This is a great window to list your home as I don’t think it will last all year but, now would be a good time to get your home on the market before the spring, where typically we see the inventory going up.