Fort McMurray REALTORS say as we recover, more homes listed
As the community continues to recovery from the 2016 wildfire there is a great variety of properties available causing ongoing change to the average prices month over month.
PHOTO. Houses in Beacon Hill rebuilding after being destroyed by the 2016 wildfire. Jenna Hamilton/ Morning Reporter.
July statistics released by Fort McMurray REALTORS show that more single-family detached homes were listed on the market with fewer being sold.
The stats also show that Fort McMurray saw its highest average price in July 2017.
However, the average selling price decreased in July by seven per cent compared to 2016, from $686,060 to $635,433.
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Fort McMurray REALTORS stated in a press release that as the community continues to recovery from the 2016 wildfire there is a great variety of properties available causing ongoing change to the average prices month over month.
The fall in sales from last year is reflective of the markets unpredictable state during re-entry last year.