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Calgary & Okotoks Real Estate

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Interesting stats this month...Median Sale Price increased to $450,000 from $437,750 in July. 

 

Average Days on Market (DOM) also increased to 56 from 43 last month. 


There were 59 new listings in August compared to 69 in July. And in total, there were 33 sales of detached properties compared to July's 36. 


With an increase in sale price, a decrease in the number of new listings and an increase in the number of days on market, it appears buyers bought up inventory that's been sitting.


Market activity is still healthy in Okotoks..slight fluctuations here & there, but overall no major changes.


If you're thinking about buying or selling & have questions about the Okotoks real estate market, don't hesitate to contact me


 

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Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.