Tri Region Market Update

F E B R U A R Y M A R K E T S T A T S The real estate market is very hot right now. Here is the break down from February 2020 vs February 2021 in the tri-region for all residential and country residential. In Stony Plain, Sales were up 26%, average sale price was up 16% and the average days on market was down 21% In Spruce Grove, Sales were up 39%, average sale price was up 14% and the average days on market was down 38% In Parkland County, Sales were up 80%, average sale price was up 15% and the average days on market was down 35% If you are thinking about selling your home, now is a great time to list!! Buyers are looking now and mortgage brokers are saying rates are increasing. So if you’re buying and haven’t locked in your rate, speak with your mortgage broker today!!!! If you have any questions about the market please contact me