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Lethbridge Real Estate Stats Dec/2015
Dave Mabell @The Lethbridge Herald wrote the following this morning.  It is interesting to compare how the Lethbridge real estate market has weathered the economic downturn better than many other regions.
 
"Despite distress in Alberta’s energy industry, homes remain a hot commodity in Lethbridge.
Local real estate officials report 2015 turned out to be their strongest year since 2007. And the average sale price across the region reached $266,738 by December – up 14.6 per cent in one year.
December was a particularly busy month, according to figures released by the Lethbridge and District Association of Realtors. The 132 homes sold through the association’s Multiple Listing Service that month went for a total of $35.2 million – up more than 20 per cent from the year previous, and the highest-ever for December.
Overall, officials report prices on the 2,543 housing units sold last year across the region – from Crowsnest Pass to Bow Island – rose an average of 4.5 per cent over 2014. Annual sales, including non-residential property, rose seven per cent last year to $672,759,945.
A reported 4,491 properties were listed for sale over the year, they add, and deals were closed on 2,549 of them. At year’s end, there were 1,274 active listings ... more

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