Home Sales in Airdrie Cool Off in August
Recently released statistics from the Calgary Real Estate Board revealed that the Airdrie real estate market had a slower month in August, with just 118 sales rounding out the entire month.
Although a somewhat lower sales volume than what we’re used to seeing, the slowdown doesn’t come as much of a surprise, as the tail end of the summer almost always sees a bit of a drop off due to the Labour Day weekend and families all around the Calgary area gearing back up for back-to-school season.
The good news for the Airdrie market is that the average sales price of $393,000 only dropped by $2,000 from one month earlier, which unfortunately can’t be said for Calgary, which saw a $10,000 decline in sales prices from July to August.
The average days on market, which was 56 back in August, also remained the same as well for the most part, only increasing by a day when compared to July’s average days on market.