Red Deer home sales rise last month but still lower year over year

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The average number of days to sell a home in Red Deer last month was 46, up from 42 days in April.

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For the entire central Alberta market, there were 558 units sold in May, up from 477 units sold in April, but down from 679 units sold in May 2022.

Year-to-Date numbers show 1,949 units sold throughout the central Alberta region so far this year, down from 2,822 units sold during the first five months of last year.

Meantime, the average sale price throughout central Alberta last month was $352,265, down from $355,219 in April.

The average number of days to sell a home in central Alberta last month was 49 days, down from 56 days in April.

(Community – Units Sold – Avg. Sale Price – Avg. Days on Market)

Blackfalds – 28 – $377,919 – 55

Innisfail – 13 – $336,685 – 88

Lacombe – 38 – $353,706 – 45

Penhold – 13 – $286,672 – 20

Ponoka – 9 – $285,056 – 46

Rocky Mountain House – 15 – $374,650 – 56

Stettler – 13 – $235,769 – 33

Sylvan Lake – 50 – $361,207 – 37