Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Oct. 18, 2021

October 10th -17th, 2021

 

New listings surged this week as the number of sales cooled slightly. Overall inventory levels are holding steady

 

Average days on market for a detached home is 82. The list to closed price ratio sits at 98.4% . 

 

Check out last week’s Fort McMurray Statistics.  

 

16 homes sold 

17 homes pending 

56 New Listings 

370 Active Listings  

 

Are you curious what homes in your neighbourhood are selling for?? Would you like a complimentary consultation on how to prepare your home for sale? We would love to share this information with you! 

 

NOW is the perfect time to put your house on the market?? Find out How much is your home worth today? 

The Lore Group offers one of the most comprehensive marketing programs in Fort McMurray designed to sell your home fast and for top dollar.

 

DON’T WAIT!! Reach out to us for a no obligation FREE MARKET EVALUATION  

The Lore Group 780 370 3325

Posted in Fort McMurray
Oct. 12, 2021

October 3rd-10th, 2021

 

Happy Thanksgiving! May the Thanksgiving holiday bring you good things in abundance that stay with you all year long.

 

Inventory levels continued to decline and Sales were up slightly again this past week  as the market continues to show strength deep into the fall season. 

 

Average days on market for a detached home is 67. The list to closed price ratio sits at 97.9% . 

 

Check out last week’s Fort McMurray Statistics.  

 

22 homes sold 

24 homes pending 

35 New Listings 

373 Active Listings  

 

Are you curious what homes in your neighbourhood are selling for?? Would you like a complimentary consultation on how to prepare your home for sale? We would love to share this information with you! 

 

NOW is the perfect time to put your house on the market?? Find out How much is your home worth today

The Lore Group offers one of the most comprehensive marketing programs in Fort McMurray designed to sell your home fast and for top dollar.

 

DON’T WAIT!! Reach out to us for a no obligation FREE MARKET EVALUATION  

The Lore Group 780 370 3325

 

Posted in Fort McMurray
Oct. 4, 2021

September 27th -October 3rd, 2021

Inventory levels last we decreased slightly. Normally sales activity in the fall tends to be slower than in the spring months, the continued strong sales are likely being driven by consumers who were unable to transact earlier in the year and by renewed confidence in the market. 

 

Sales were up this week 

 

Average days on market for a detached home is 62. The list to closed price ratio sits at 96.4% and holding strong. 

 

Check out last week’s Fort McMurray Statistics.  

 

22 homes sold 

20 homes pending 

36 New Listings 

381 Active Listings  

 

Are you curious what homes in your neighbourhood are selling for?? Would you like a complimentary consultation on how to prepare your home for sale? We would love to share this information with you! 

 

NOW is the perfect time to put your house on the market?? Find out How much is your home worth today? 

The Lore Group offers one of the most comprehensive marketing programs in Fort McMurray designed to sell your home fast and for top dollar.

 

DON’T WAIT!! Reach out to us for a no obligation FREE MARKET EVALUATION  

The Lore Group 780 370 3325

Posted in Fort McMurray
Sept. 27, 2021

September 19th -26th, 2021

Fall is upon us!

This week’s inventory has increased. Sales are somewhat down this week as we take a breather from the fast pace of the busy spring and summer seasons. 

Average days on market for a detached home is 60. The list to closed price ratio sits at 96.8% this is a slight decrease and indicates that sellers are negotiating somewhat lower than last reported. 

Check out last week’s Fort McMurray Statistics.  

 

16 homes sold 

18 homes pending 

31 New Listings 

389 Active Listings  

 

Are you curious what homes in your neighbourhood are selling for?? Would you like a complimentary consultation on how to prepare your home for sale? We would love to share this information with you! 

NOW is the perfect time to put your house on the market?? Find out How much is your home worth today? 

The Lore Group offers one of the most comprehensive marketing programs in Fort McMurray designed to sell your home fast and for top dollar.

DON’T WAIT!! Reach out to us for a no obligation FREE MARKET EVALUATION  

The Lore Group 780 370 3325

Posted in Fort McMurray
Sept. 13, 2021

September 5th-12th, 2021

This week’s inventory dipped slightly but is still holding steady overall.

 

Average days on market for a detached home is 48. This signifies that properly priced homes are selling almost twice as fast as they were in January. The list to closed price ratio sits at 98%. The benchmark sold price of a detached home has strengthened to $459,853

Check out last week’s Fort McMurray Statistics.  

22 homes sold 

16 homes pending 

37 New Listings 

366 Active Listings  

Are you curious what homes in your neighbourhood are selling for?? We would love to share this information with you! 

NOW is the perfect time to put your house on the market?? Find out How much is your home worth today? 

The Lore Group offers one of the most comprehensive marketing programs in Fort McMurray designed to sell your home fast and for top dollar.

DON’T WAIT!! Reach out to us for a no obligation FREE MARKET EVALUATION  

The Lore Group 780 370 3325

Aug. 30, 2021

August 22-29th, 2021

 

Price Growth last week slowed as supply to demand balance improves in the Fort McMurray Real Estate market.

 

The number of sales and pending sales last week showed substantial weakening by almost half over the previous two weeks. This could be seasonal impact as families try to catch the last few days of summer fun. The benchmark sold price of single family homes dropped slightly to $429,595

 

Check out last week’s Fort McMurray Statistics.  

15 homes sold 

12 homes pending 

41 New Listings 

377 Active Listings  

Are you curious what homes in your neighbourhood are selling for?? We would love to share this information with you! 

NOW is the perfect time to put your house on the market?? Find out How much is your home worth today? 

The Lore Group offers one of the most comprehensive marketing programs in Fort McMurray designed to sell your home fast and for top dollar.

DON’T WAIT!! Reach out to us for a no obligation FREE MARKET EVALUATION  

The Lore Group 780 370 3325

Posted in Fort McMurray
Aug. 17, 2021

August 9-16th, 2021

Fort McMurray Real Estate is still hopping and while the number of new listings increased significantly last week so did the number of pending sales resulting in only a very slight overall increase in inventory.  

 

The formerly stalled condo market is gaining speed, in the last week 12 condos gained offers or were sold.

 

Check out last week’s Fort McMurray Statistics.  

29 homes sold 

24 homes pending 

45 New Listings 

356 Active Listings  

Are you curious what homes in your neighbourhood are selling for?? We would love to share this information with you! 

NOW is the perfect time to put your house on the market?? Find out How much is your home worth today? 

The Lore Group offers one of the most comprehensive marketing programs in Fort McMurray designed to sell your home fast and for top dollar.

DON’T WAIT!! Reach out to us for a no obligation FREE MARKET EVALUATION  

The Lore Group 780 370 3325

Aug. 9, 2021

August 1-8th, 2021

Fort McMurray’s Real Estate market has been strong since the end of the lock downs and investors are catching on, eyeing the market for its value.  The Fort McMurray market represents a significant value opportunity where buyers can get more for their dollar and buyer confidence has returned. 

 

Check out last week’s Fort McMurray Statistics.  

24 homes sold 

15 homes pending 

32 New Listings 

349 Active Listings  

Are you curious what homes in your neighbourhood are selling for?? We would love to share this information with you! 

NOW is the perfect time to put your house on the market?? Find out How much is your home worth today? 

The Lore Group offers one of the most comprehensive marketing programs in Fort McMurray designed to sell your home fast and for top dollar.

DON’T WAIT!! Reach out to us for a no obligation FREE MARKET EVALUATION  

The Lore Group 780 370 3325

Posted in Fort McMurray
Aug. 3, 2021

July 25-August 1, 2021

 

Sales the Real Estate market in Fort McMurray were just slightly slower this week however inventory is still low. The market still shows strength. 

 

Check out last week’s Fort McMurray Statistics. 

63 Average days on market for a detached home to date in July. 

Check out last week’s Fort McMurray Real Estate Statistics.  

26 homes sold 

18 homes pending 

35 New Listings 

359 Active Listings  

Are you curious what homes in your neighbourhood are selling for?? We would love to share this information with you! 

NOW is the perfect time to put your house on the market?? Find out How much is your home worth today? 

The Lore Group offers one of the most comprehensive marketing programs in Fort McMurray designed to sell your home fast and for top dollar.

DON’T WAIT!! Reach out to us for a no obligation FREE MARKET EVALUATION  

The Lore Group 780 370 3325

Posted in Fort McMurray
July 27, 2021

July 18-July 25, 2021

The average days on market is currently sitting at 69 days, which has increased slightly from last month where it was 58 days.

As travel restrictions are being lifted, and with the unusual hot temperatures we have been experiencing, which are now slightly cooling we would normally tend to see sales slow- down during the summer holidays. This summer appears to be an exception as housing continues to be a priority. 

Lending rates remain low, and it has still been driving the demand for buyer’s to purchase, or considering upgrading their existing home.

Sales remain very strong in properties priced below $600,000 and condo sales have gained speed with 32 sales so far this month. 

 

Check out last week’s Fort McMurray Real Estate Statistics.  

 

69 Average days on market for a detached home to date in July. 

Check out last week’s Fort McMurray Real Estate Statistics.  

40 homes sold 

25 homes pending 

43 New Listings 

362 Active Listings  

 

Are you curious what homes in your neighbourhood are selling for?? We would love to share this information with you! 

NOW is the perfect time to put your house on the market?? Find out How much is your home worth today? 

The Lore Group offers one of the most comprehensive marketing programs in Fort McMurray designed to sell your home fast and for top dollar.

DON’T WAIT!! Reach out to us for a no obligation FREE MARKET EVALUATION  

The Lore Group 780 370 3325

Posted in Fort McMurray