January 2021 Lethbridge Market Report
Posted Feb 4, 2021 | 5:34 PM
Well…2021 is here and off we go! So, the first month really did pick up right where we left off in 2020. The start of the year has had very brisk and has seen sales increase across the city and all of the surrounding areas as well. We aren’t going to bore you with all kinds of numbers but rather we will get right into things as far as what you may want to think about.
We have not seen these types of market conditions for many, many years and it offers a great opportunity for both Buyers and Sellers. For Sellers, we are low on listings across almost all price points which gives Sellers a huge opportunity to catch the wave of demand while it exists. For Buyers, the lending rates continue to be at historically low levels which is allowing an opportunity to get into the market or to move up in the market for less money now than ever.
Dallas Harty, Owner of RE/MAX Real Estate-Lethbridge says ” There is truly an amazing window of opportunity right now. The conditions are almost perfect for both Buyers and Sellers to benefit. Having said that, it is inevitable that if this trend does continue, home prices will increase. As we have strong sales and reduced inventory it will put upwards pressure on prices. We would encourage anyone who has been thinking about Selling or getting into the market, to call us and speak to one of our Professionals as they can guide you to making the most of your situation. It is one of the reasons why our RE/MAX agents offer free Market Evaluations, so that we can guide you to extract the most value based on your home, your situation and the market conditions. We have had many families reach out and benefit from our local experience, our history of selling success and our team of top producing agents. Don’t miss the window!”
You can call Re/Max Real Estate Lethbridge today 327-2221 or text us at 403-635-8888 or click www.realestatelethbridge.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.