News

Housing Stats for November 2020

Posted on Dec 09, 2020

The steady decline in new listings over the past few months led to a more balanced market for the single family detached homes (5 months of supply) resulting in more stable selling prices.
On the other hand townhouses and apartments have 10.25 and 8.44 months of supply, respectively, resulting in a further decline in selling prices.




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Housing Stats for October 2020

Posted on Nov 04, 2020

"Both sales to new listings ratio and the months of supply point to some of the tightest market conditions seen since before the energy price drop in 2014. Tighter conditions are starting to support some improvements in prices. However, it is not enough to offset earlier pullbacks as the year-to-date average price remains 3% below lsat year's level...

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Housing Stats for September 2020

Posted on Oct 15, 2020

We had the lowest September inventory since 2001 in Fort McMurray with only 381 units available ~ that relates to 4.65 months of supply. The average sales price are still lower than last year's with the most sales between $400,000 and $500,000. 




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Housing Stats for August 2020

Posted on Sep 03, 2020

Sales in Fort McMurray were slower in August compared to June and July. On the other hand the inventory levels for August were the lowest for many years. 



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Housing Stats for July 2020

Posted on Aug 13, 2020

We had a late Spring market this year due to Covid-19. The total number of sales in Fort McMurray improved for a second month in a row when compared to 2019. However, our year to date sales are still lower than last year. Our new listings in Fort McMurray continue to fall. That means we are slowly moving towards a balanced market because there is c...

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Housing stats for February 2020

Posted on Mar 11, 2020

Welcome to the Roaring 20’s of Real Estate in Fort McMurray.February was another strong month of Single family home sales. It is a balance market with inventory 11% lower than last year at this time. The year to dates sales, this year over last year has a 67% increase.Duplex home sales year to date sales are up 26% compared to 2019.Townhomes has se...

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