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FORT MCMURRAY REAL ESTATE MARKET UPDATE - February 2020

3/12/2020

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FEBRUARY 2020 STATISTICS RELEASE
Statistics include Fort McMurray and surrounding area
​
Welcome to the Roaring 20’s of Real Estate in Fort McMurray. February was another strong month of Single family home sales. It is a balance market with inventory 11% lower than last year at this time. The year to dates sales, this year over last year has a 67% increase.

Duplex home sales year to date sales are up 26% comparted to 2019.

Townhomes has seen a decrease in sales from last year but also a decrease in inventory by
18.89%

Condo Apt: Sales, inventory and price are all down from last year.

Mobiles with Land for February was a seller’s market with 2.83 months of inventory. There was an increase in average price by 12%

The year to date average price for a lot is $106,475 which is up by 7% from last year.

Reminder Single Family Home inventory is still low. Now is a great time to contact your local Real Estate Agent in Fort McMurray about getting your home ready for the spring market.
​
Complete statistics are posted monthly on our website www.fmreb.com.
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    Hi, my name is Dana McAroe. I'm a Real Estate Agent in Fort McMurray. I help people get the best possible outcome from their real estate transaction - whether they are selling or buying or a house. 

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Dana McAroe,
Real Estate Agent with REMAX Fort McMurray
remax fort mcmurray
9919 Biggs Avenue Fort McMurray AB T9H-1S2  -- Office (780) 804-1916    Fax (780) 743-4369 
​Each office is independently owned and operated
Copyright © 2020
​Real Estate Agent in Fort McMurray with REMAX Fort McMurray​
Whether you are 
selling your home or buying a house we are ready to get to work for you!
Please contact me directly if you have any questions about the Fort McMurray real estate market, or buying or selling a home in Fort McMurray, AB.
  • Home
  • Listings
    • Featured Listings
  • Seller
    • Tips for Selling Your Home
    • Wood Foundations
    • Selling at a Loss
    • Negotiating
    • Free Market Evaluation
    • Seller's Action Plan
  • Buyer
    • First Time Home Buyer's Guide
    • Condo Buyers Guide
    • Before Writing an Offer
    • Negotiating
    • Basement Suites
    • Wood Foundations
  • Blog
  • Contact
    • About Me