Fort McMurray REALTORS® has reported a slow start to the year.
The sales of single family homes sold in January were down almost 50 per cent compared to January 2018.
Single family vacant lots also saw a significant decrease in sales compared to the same time last year at just over 57 per cent.
Townhouses, however saw an increase of roughly 33 per cent, while mobile with land sales more than doubled in sales.
Active listings have also increased across the board, except for mobile with land, which is down to 42 from 59. Single family vacant lots are also down by more than half.
The average sale price for a single family detached home has also continued to drop for the third consecutive month.