January statistics shows some positive news for the Fort McMurray real estate market year-over-year. Single family detached sales has increased by over 88% compared to January 2019 and inventory is 17% lower in the single family detached market.
We did see prices decrease from $531,600 to $506,607 (January 2019 to January 2020) in the Single family detached sector but this number is higher than the $451,714 for December, 2019
Please see statistics below for all sectors and contact us with any questions that you have
November was a little busier this year when compared to the same month last year in Fort Mac.
We saw a slight decrease in the number properties sold when compared to last month, however that is quite normal for this time of year.
The overall total number of sales for the year has decreased a little over 2% and the average single-family sale price is down just over 8% compared to last year.
The biggest changes we saw from last year was townhouse, apartment, and mobiles with land sales. In each of these categories we saw double the amount of sales when compared to the same time last year.
Contact us with any questions