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The Market has changed in Fort McMurray!!!

By
Real Estate Agent with RE/MAX Fort McMurray

We have gone from listing and selling within a week or two, to actually having some inventory for the Buyers to look at. For the last six months the number of listing has grown. The largest increase in the number of homes has come in the month of October with over 181 new listings. The Average price for a family home in Fort McMurray, Alberta has remain stable at $650,000 through most of the summer and fall.

Timberlea Fort McMurray remain the hottest Real Estate area in Fort McMurray with over 825 listings to date this year and sales of 512 units. Timberlea is the fastest growing new area in the city. Timberlea has a mix of starter and move up homes ranging in price from $520,000 to $1.5 Million. Timberlea also has a great mix of multi-family units ranging in price from $400,000 to $650,000.

For complete up to date market information in the Fort McMurray area please visit www.mcmurraysbesthomes.com or call Patrick Dardis at 780 215 7355