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Red Deer Real Estate – April 2010 Market Report

Red Deer home sales measured 30% higher than sales in March this year, but declined compared to numbers last April by 12.4%. 156 sales were recorded in the Red Deer Real Estate market this April, while 287 new listings were offered to Buyers. Listings fell short of new listings in March this year by 9.7% and were 4.0% fewer than Red Deer homes coming to market last April. The overall median sale price in the Red Deer real estate market during April this year recorded at $304,000, 1.3% higher than the month before and 8.6% above the median sale price in April 2009. On average, Sellers realized 97.3% of their asking price. Average days to sell were 46.

In Anders Park, Inglewood, Lancaster and Vanier Woods, sales increased by 27.6% compared to one month ago, but fell short of last year’s numbers by 36.2%. 37 homes found new owners this April compared to 58 last April. The median sale price registered at $368,000 in these neighbourhoods – 7.4% higher than in March this year and 3.7% higher than the median sale price recorded in April 2009. Listings increased compared to one month ago and last year at this same time by 11.7% and 21.1% respectively. 86 homes came to market during April 2010.

Red Deer market report, March 2010

Previous Red Deer Real Estate Market Reports:

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