The real estate market continues to be a sellers market in the tri-region. But it is important to remember that last April was the first wave of the global pandemic and it impacted our market greatly last year.
Here is the break down from April 2020 vs April 2021 for all residential and country residential.
In Stony Plain,
Sales were up 188%, average sale price was down 7.9% and the average days on market was down 47%
In Spruce Grove,
Sales were up 311%, average sale price was up 13.5% and the average days on market was down 40%
In Parkland County,
Sales were up 407%, average sale price was up 0.8% and the average days on market was down 56%
We have about 1.5-2.5 months of inventory in the tri-region which is a strong sellers market so if you’re are planning to sell your home this year now is the time.
If you have any questions about the market please contact me