Fort McMurray REALTORS® said the real estate market trend is a sign of buyer confidence.
According to their April statistics the average selling price for a home was $580,753, a decrease from 2017 when homes were being sold for $632,293.
In a press release, Olive Wooden, executive officer for Fort McMurray REALTORS® says the market trend is the same across all property types.
“Be it single family, townhouse, duplex, apartment condo, mobile with land or vacant lot we are continuing to see increased unit sales, and a decrease in active listings and new listings coming into the market place.”
Although the selling price dropped, 53 homes were sold in April compared to 46 this same time last year.
