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Number of Homes Sold Nearly Tripling Year Over Year

Fort McMurray, AB, Canada / MIX 103.7
Number of Homes Sold Nearly Tripling Year Over Year

The number of homes sold to start off 2018 nearly tripled year over year.

According to the Fort McMurray REALTORS® January report, 53 single-family detached homes were sold last month up from 20 in January 2017.

The average price for each home was also much lower than 2017 – selling for $572,668. Last year, the average price was sitting at $605,495.

The REALTORS® say this could be a sign that buyer confidence may be back in Fort McMurray.

The current sale price is a little higher than December, sitting at $564,000 – with 253 properties on the market right now.

The REALTORS® add the momentum they had to end 2017 is looking like it’s here to stay early in the new year.

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