Medicine Hat real estate: Month in review (April 2009)

By
Real Estate Agent with Pro Real Estate

Looking back on the month of April, Medicine Hat and area real estate sales picked up a little as agents reported 110 residential units sold. This is up 12 from March's total of 97 residential units sold and down 81 from last year's April 2008 totals.

There was also an increase of 9 in new residential listings over last month, from 287 to 296, bringing the current total number of homes for sale to 852 compared to 745 in April 2008. This caused an increase in competition for buyers, which we can see reflected in the fact that 162 listings chose to lower their price in April.

Chart depicting units sold vs. units listed; 2008 vs. 2009.

If you have any questions or comments, feel free to contact me from my website at http://www.realtysales.ca/ or call (403) 866-9000.

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