There’s only one more month to go for 2019! As we are head towards the end of the year, we are excited to report that the Real Estate Market seems to be very stable. The month of November saw the number of home sales at the same levels as the prior year, with the average home price increase of almost 10% year over year.

The busiest price range for November was the $250-300k range; that is followed by the $300-350k range, and then the $200-250k range. The busiest area for sales was the West side, followed by the South side and then the North side. Outside of the city, the busiest location for home sales in November was Taber, followed closely by Coaldale.

“The Real Estate Market in Southern Alberta remains very stable and continues to offer amazing opportunity for buyers, as the inventory remains high, with incredibly low lending rates. We believe that this continues to be a great time to get into the market as a first time home buyer, or to move up in price range as there are plenty of options.”

In the month of November, RE/MAX Real Estate-Lethbridge showed some incredible numbers as they lead the market in Home Sales for the month.

“There seems to be some momentum for our agents, as potential home sellers are seeing the results that we are providing for our clients.”

RE/MAX is the #1 Brand of Real Estate and has the expertise to guide you through the process to maximize your investments. Call 327-2221 or text 403-635-8888 or click www.realestatealberta.remax.ca or www.realestatetaber.remax.ca

This monthly Real Estate Market Report analyzes Southwestern Alberta real estate, more specifically the Lethbridge area. Keep in mind that the information does not indicate the actual value of any particular property. Find out what your home may be worth in today’s market, contact one of RE/MAX Real Estate – Lethbridge’s talented agents by clicking here or for the Taber area click here.