How is Okotoks Real Estate Market doing ?
Posted on
February 28, 2019
by
Calgary Real Estate Property
Okotoks
- Sales activity in the first two months of 2019 represents a decline of 30 units over last year. New listings in the market also eased compared to last year, but there were still far more new listings than sales activity. This is causing inventories to rise and months of supply to remain elevated at ten months.
- Persistent oversupply has continued to weigh on benchmark prices with detached home prices at $411,500 in February. This is 1.3 per cent lower than last month and 4.6 per cent lower than the same period last year.
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How is Okotoks Real Estate Market doing ?
Posted on
February 28, 2019
by
Calgary Real Estate Property
Okotoks
- Sales activity in the first two months of 2019 represents a decline of 30 units over last year. New listings in the market also eased compared to last year, but there were still far more new listings than sales activity. This is causing inventories to rise and months of supply to remain elevated at ten months.
- Persistent oversupply has continued to weigh on benchmark prices with detached home prices at $411,500 in February. This is 1.3 per cent lower than last month and 4.6 per cent lower than the same period last year.
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Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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