September 30th, 2011 Brooks Real Estate Report

For the first 9 months of 2011 the housing market has shown an increase of 7 sales in Brooks. The average resale price of homes was $246,978. Attached housing, which includes duplex, townhouse and condominiums averaged $173,744 with 18 sales and mobile homes averaged $46,633. Currently Brooks has 93 single family dwellings listed on the open market. We have approximately 12 houses selling per month, so there is an estimated 8 month supply of homes. The average days on market for homes is 69 days.

(Source: Realtor Association of South Central Alberta)