Okotoks Real Estate Market Snapshot for Nov 2016
We saw a slight decrease in sale prices, not surprising given the time of year.
Median sale price this month is $426,500 where it was $434,000 in October.
There were 30 residential detached sales in November, up slightly from 28 in October, but pretty well the same.
Average Days on Market (DOM) is 52 for November, down from 65 in October. Overall, a slight change for all, but relatively the same.
Activity will likely slow down in December as people focus on the Christmas holidays and gear up again in January once the holiday's are out of the way.
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.