April 2019 Market Update

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!