March 31st, 2012 Brooks Real Estate Report

For the first three months the housing market has shown an increase of 31 sales in Brooks. The average resale price of homes was $234,478 which is down 1.1% from last year.. Attached housing, which includes duplex, townhouse and condominiums averaged $201,915 with 13 sales and mobile homes averaged $48,350 with 10 sales. Currently Brooks has 54 single family dwellings listed on the open market. We have approximately 17 houses selling per month, so there is an estimated 3-4 month supply of homes. The average days on market for homes is 110 days.

(Source: Realtor Association of South Central Alberta)