Re/Max Real Estate Lethbridge is happy to report that May was another solid month as it relates to market conditions. The amount of home sales overall were on pace with the prior year and the average home sale price was also very stable, which is great news! Another interesting fact is that in May, the Northside and the Southside were almost equal in sales, with the Westside seeing the most sales which equaled the North and South combined! The average home sale price was highest in South Lethbridge, then West Lethbridge and then North Lethbridge.

We are still experiencing higher than normal levels of inventory, which makes the conditions very favorable to buyers. This coupled with historically low interest rates, makes this an amazing time for first time home buyers or “move up” buyers. After the first 5 months of business, RE/MAX continues to lead the market for both Buyers and Sellers.

“We are predicting a very steady market through the balance of 2019 and see this as a great opportunity for Buyers to take advantage of the favorable market conditions.”

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 at 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.