Brooks Real Estate Report Year End (2015)

The Realtors Association of Alberta has seen a large drop in real estate activity with 407 sales; a decrease of 26.3% from the 552 sales in 2014. This overall number includes Brooks, Drumheller, County of Newell and nearby areas. The average sale price for homes in Brooks was 4.9% lower in 2015 than it was in 2014. Brooks presently has 53 homes on the market. In 2015 there were 16 houses that sold above $350,000 and 6 sales over $400,000. Real estate has slowed in response to a downturn in Alberta oil and gas industry. Values have not decreased significantly in 2015 but activity has slowed a lot.