Continued softening for single family home sales in April. The Lethbridge real estate market
experienced a 22% decrease month over month and down 14% year to date over 2013. Total
units (including all market segments ie: condos / manufactured homes etc.) sold so far this
year is down 12% over 2013. The soft start to 2014 continues then. The total number of single
family homes listed is down 11% year to date notwithstanding the fact that the city's largest
home builder has listed all their homes slated for completion within the calendar year on MLS.
The average sale price of a single family home in April was $303,980.00 up from the annualized
average of $293,544.00. We are good and ready for the much anticipated arrival of the spring
market here in Lethbridge.
Taking the "scary" out of real estate
Even homeowners who have moved a few times can be intimidated by the real estate
market in general, and the buying and selling process in particular.
First of all, making a decision to sell your home can be difficult. There are so many
questions, such as:
• Is "now" a good time to list?
• How much can you expect to get for your property?
• How long will it take to sell – and what if it doesn't?
Then there's the buying and selling process:
• How do you prepare your home for sale?
• How do you find homes that meet your criteria and are within your price range?
• How do you prepare your home for viewings?
Yes, there's a lot to think about. That's why finding a good REALTOR® who is an expert
on the local market is so important.
A good REALTOR® will help you understand the market, the current market value of
your home, and what you can expect should you decide to list.
A good REALTOR® will also walk you step-by-step through the home selling and
buying process, and work hard to make sure everything goes smoothly.
So if you're considering buying or selling a home, take the time to find a good
REALTOR®. It makes all the difference.
Looking for a good REALTOR®? Call Chuck Gulyas at RE/MAX - Lethbridge today!
Nobody who ever gave his best regretted it - George Halas.