Fort mcmurray REAL ESTATE MARKET UPDATE FOR october 2018

The following is the November Press Release from the Fort McMurray Real Estate Board.
OCTOBER 2018 STATISTICS RELEASE
Statistics include Fort McMurray and surrounding area
​
Winter is upon us but that doesn’t mean our market has gone cold! Once again, we have seen an increase in the amount of sales when compared to the same time last year. This increase in sales applies to all property types from single family to vacant lots. Prices however are still on the decline with apartment units seeing the biggest drop at over 20% from last years averages.

Overall new listings are still down from this time last year resulting in lower inventory levels which will
continue to help stabilize our market.

Contact your friendly neighborhood real estate professional to see if it is the right time for you to make your move.

As always the best advice is the trusted advice from your Real Estate Professional.
Complete statistics are posted monthly on our website www.fmreb.com.