Housing Inventory Increases, While Average Sale Price Decreases

Latest Fort McMurray News, find out what's happening in Fort Mac

Housing Inventory Increases, While Average Sale Price Decreases

The housing inventory in our region continues to grow.

According to Fort McMurray Realtors June report, there are 477 properties on the market right now, up from the 308 listed the same time last year.

The report also notes while inventory is increasing, the average sale price is going down.

Last month, a single-family detached home sold for, on average, $588,810. That’s compared to $616,719 in May and $626,412 in June 2016.

The realtors note what they’re seeing on the market now is what may some call “the new normal”.

In all, 48 single-family detached homes were sold last month.
Fort McMurray News
 
Posts: 16560
Joined: Wed May 04, 2011 2:30 am
Location: Fort McMurray, Alberta, Canada

Sponsored links

Advertise in Fort McMurray
 
Location: Alberta, Canada

Return to Fort McMurray News

 


  • Related topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: Bing [Bot] and 5 guests

cron