June 30th Real Estate Report

For the first six months of 2011 the City of Brooks resale market had an average sale price of $249,630. Average sale prices have remained fairly stable but we have seen more activity than this time last year. Brooks currently has 90 single family detached dwellings for sale. The average days on market so far this year has been 87 days and there are about 11 house sales per month. There is an estimated 8 month supply of homes on the market. The town of Vulcan reports 3 sales with an average of $220,300, Bassano has 7 sales averaging $158,429.

(Source: Realtor Association of South Central Alberta)