Take a look at the month of April’s real estate market update for Spruce Grove, Stony Plain, Rural Parkland County and Rural Lac Ste Anne County below. If you have any questions about the real estate market, buying or selling, please feel free to contact me and I would be happy to answer them for you!
Spruce Grove:
Single Family
Currently active – 289
Sold in April – 55
Average sale price – $362,501
Condominium
Currently active – 53
Sold in April – 7
Average sale price – $235,142
Stony Plain:
Single Family
Currently active – 150
Sold in April – 27
Average sale price – $350,033
Condominium
Currently active – 39
Sold in April – 6
Average sale price – $176,383
Rural Parkland County:
Country Residential
Currently active – 333
Sold in April – 28
Average sale price – $519,517
Vacant Lot
Currently active – 185
Sold in April – 8
Average sale price – $177,175
Rural Lac Ste Anne County:
Country Residential
Currently active – 232
Sold in April – 21
Average sale price – $315,683
Vacant Lots
Currently active – 138
Sold in April – 4
Average sale price – $135,624
As you can see, there is a surplus of inventory on the market. What does this mean? This means that it is 100% a buyers market! If you are considering purchasing your first home or investing in some properties it is a great time to do so. If you are considering selling your home in todays market there are a couple things to consider. You can price aggressively and show perfect for a hopefully quick sale or you can price at market value and be patient for the absolute right buyer to come along and give you an offer.
For more information on today’s market contact Deanalee at (780) 718-1052!