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(Dreamstime)
100 Units Sold Last Month

Red Deer home sales higher year-over-year in December

Jan 16, 2024 | 12:00 PM

Red Deer home sales in December came in lower than November but were higher than the same month last year.

According to the latest Market Update from Central Alberta Realtors Association, there were 100 units sold in December, down from 122 units sold in November, but up from 64 units sold in December 2022.

Year-to-date numbers, meanwhile, show 1,844 units sold in 2023, down from 1,977 sold the year before.

The average sale price in Red Deer last month was $321,678, down from $335,706 in November, but up from $315,213 the same month last year.

Meantime, the average number of days to sell in Red Deer in December was 41, up from 39 days in November, but down from 63 days in December 2023.

For the entire central Alberta market, there were 253 units sold in December, down from 335 units sold in November but up from 191 units sold in December 2022.

Year-to-date figures show 5,072 units sold over the course of last year, down from 5,605 units sold in 2022.

The average sale price in central Alberta in December was $385,694, up from $364,371 in November, and $329,655 in the same month last year.

The average days to sell in central Alberta last month was 59, up from 53 days in November but down from 76 days in December 2022.

Elsewhere in central Alberta last month:

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

Blackfalds – 13 – $439,900 – 57

Innisfail – 2 – $337,500 – 10

Lacombe – 10 – $376,790 – 70

Penhold – 6 – $387,833 – 70

Ponoka – N/A – N/A – N/A

Rocky Mountain House – 5 – $248,700 – 91

Stettler – N/A – N/A – N/A

Sylvan Lake – 17 – $370,033 – 57

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