Red Deer home sales increase in April but lower than same month last year

Meanwhile, the average number of days to sell a home in Red Deer last month was 42 days, down from 44 days in March, but up from 41 days in April 2022.

For the entire central Alberta market, there were 477 units sold in April, up from 438 in March, but down from 690 units sold during the same month last year.

Year-to-date numbers show 1,391 units sold throughout central Alberta during the first four months of this year, down from 2,143 units sold during the same time in 2022.

According to CARA, the average sale price in central Alberta last month was $355,050, up from $336,056 in March, but down from $366,098 in April 2022.

The average number of days to sell a home in central Alberta last month was 56, down from 61 days in March, but up from 51 days in April of last year.

Elsewhere in Central Alberta last month:

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

Blackfalds – 22 – $378,629 – 31

Innisfail – 18 – $317,605 – 83

Lacombe – 28 – $364,217 – 49

Penhold – 10 – $349.900 – 36

Ponoka – 14 – $261,429 – 65

Rocky Mountain House – 20 – $289,300 – 94

Stettler – 10 – $277,400 – 61

Sylvan Lake – 47 – $363,087 – 45

by Sheldon Spackman

Red Deer home sales increase in April but lower than same month last year

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