December was a good month for home sales.
According to Fort McMurray REALTORS®, single family home sales were up 52 per cent compared to December 2018, while the average sale price decreased by 15.3 per cent from $533,482 to $451,714.
The average sale price for all property types has decreased from 7.42 per cent for duplexes to 37.08 per cent for mobile with land properties.
Meanwhile, duplexes, apartment condominiums and single family vacant lots all decreased in sales year-over-year.
REALTORS® also noted that the inventory for single family homes is at the lowest it’s been since December 2009, saying it could be a good time to get your home on the market.