Red Deer home sales increase last month compared to June 2022

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The average number of days to sell a home in Red Deer last month was 37, down from 46 days in May and 42 days in June 2022.

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For the entire central Alberta market, there were 596 units sold last month, up from 558 units sold in May and 587 units sold in June 2022.

Year to date numbers indicate 2,545 units sold throughout central Alberta as of June 30. That compares with 3,409 units sold to this point last year.

The average sale price throughout central Alberta last month was $366,788. That’s up from $352,265 in May and $349,203 in June 2022.

Meanwhile, the average number of days to sell a home in central Alberta last month was 46, down from 49 days in May and 48 days in June 2022.

Elsewhere in central Alberta last month:

(Community – Units Sold – Average Sale Price – Average Days on Market)

Blackfalds – 32 – $370,031 – 37

Innisfail – 16 – $345,241 – 38

Lacombe – 36 – $375,994 – 36

Penhold – 11 – $366,971 – 30

Ponoka – 11 – $243,309 – 43

Rocky Mountain House – 19 – $296,737 – 53

Stettler – 11 – $291,101 – 36

Sylvan Lake – 41 – $395,218 – 36