Real Estate Blog

Wow, what a summer!  

 

Does 2020 feel like a rollercoaster ride?  Started out easy peasy and optimistic.  Then we hit the slow climb before the drop of doom, followed by a rapid exhilarating loop or corkscrew.

Are we in that crescendo, and on to the next fun sections of that real estate roller coaster?

 

If you haven’t read our post in July, click here to have a look.  The bottom line was quite positive.

August 2020 Red Deer real estate market

The August MLS® real estate market certainly followed a similar path that we saw in July but not wasn’t quite as robust, yet quite positive. 

 

Sales of residential real estate versus the same month last year were up 13.7%.  During this same period, NEw listings on the market declined by 10%.  The increase in demand and

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Red Deer July 2020 Market Update

Wow, the Red Deer real estate market is a roller coaster of a year.  Ups and downs, some scary moments, and some exciting moments.  Right now, I think we're in an exciting period.  After a mediocre start to the year and then the COVID-19 shut down and decline of sales and listings, we're now in a position where we're making up for a lost time.  For some of us, this is expected, while others are still skeptical and cautious of what the fall may bring.  At the end of the day, we have no crystal ball all we can do is look at the most recent and extended history of our markets to infer future possibilities. 

How's the market?

July 2020 vs July 2019:

Red Deer real estate market July vs July MLS®

Change versus last month... July 2020 vs. June 2020

 

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How's the market?  Have things improved yet?

Well, the Red Deer real estate market is not immune to the downturn all of us have been experiencing with COVID-19 this year.  However, the market is changing.  Here is a look at our local market, Red Deer AB residential real estate. 

The video above is a look at the Red Deer real estate market MLS® sales and listing information for June 2020.  Our Broker/Owner Patrick Galesloot compares the local residential real estate market data to the same time frame a year ago (June ‘19 vs. June ‘20), as well as June vs May 2020, and a Year to date comparison of 2020 to 2019.

Here are the slides:

June Comparison Red Deer Real Estate Market by Century 21 Advantage

 

 

 

If you would like more information please contact us for a more in-depth

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Our office has been residing and serving Red Deer since 1911, but like many of us, Red Deer AB is more than just the City, it's the area.  We have agents that live and serve in many of the same areas that you call home including Blackfalds and Lacombe AB.  Here is a quick look at May real estate in Blackfalds and Lacombe. 

The MLS® real estate market in Blackfalds is unique to Blackfalds.  Blackfalds AB has had great growth over the years and is more than a bedroom community to Red Deer.  It's a great place to call home.

The real estate market for May 2020 in Blackfalds looked like:

May vs. May Blackfalds Real Estate Market MLS® data

No surprises here.  As you can see above, May 2020 was down from May 2019.  Thank You COVID-19 self-isolation, closures, and lockdown.  :(

So things are slower

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In this video, we go over how to conduct a search for acreages using the Map Search Feature on the Matrix Pillarnine MLS® platform for agents.

 

In addition to using the map feature for searching, the following video goes over setting the default map view.

At Century 21 Advantage we strive to provide education and tools for our agents to allow them to serve their clients easier, quicker, and more efficiently overall. If you would like to join our Century 21 Advantage real estate, please feel free to contact our Broker Patrick Galesloot and see more info here:  https://www.century21advantage.ca/joinus.php

Patrick Galesloot, Broker, Century 21 Advantage in Red Deer AB. Your Red Deer and Central

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May 2020 - Red Deer Real Estate Market Update:

“How’s the market?” “Are things moving?”  Those are questions we get quite often.  It’s important to get local information when it comes to selling or buying and we’re pleased to be that resource for Red Deer and Central Alberta Real Estate. The real estate market in Red Deer is down.  When it comes to sales volume, and listing coming on the market both of those areas were and are impacted by COVID-19 isolations and lockdowns.  Real Estate is not immune.

When we look at May 2019 vs May  2020 we certainly see the difference. 

Red Deer real estate stats

The Average Sale Price decreased from May 2019 by almost 8%.  Now, this doesn’t necessarily mean your house value dropped by that much.  It does tell us the price

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At Century 21 Advantage we strive to provide education and tools for our agents to allow them to serve their clients easier, quicker, and more efficiently overall. With our switch to Pillarnine Matrix, we are providing a series of short videos to assist our team.

In this video, we go over how to personalize the Hotsheet in the Matrix Pillarnine platform for agents. Customizing the hot sheets to areas that they work in versus viewing everything in all areas.

If you would like to join our Century 21 Advantage team of agents, please feel free to contact our Broker Patrick Galesloot and see more info here:

https://www.century21advantage.ca/joinus.php

 Patrick Galesloot, Broker, Century 21 Advantage in Red Deer AB. Your Red Deer and Central

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Are you an agent learning how to navigate the new changeover to Pillarnine? 

 We will be posting a series of short videos and tips to assist our team of agents to navigate the tools that help them.  One of them bing Matrix Pillarnine.

This video we have our Broker, Patrick Galesloot, showing how to set up the default city search.  As we have a platform that contains MLS data for almost the entire province, more manageable search shortcuts help.

If you would like to join our Century 21 Advantage team of agents, please feel free to contact our Broker Patrick Galesloot and see more info here: https://www.century21advantage.ca/joinus.php Patrick Galesloot, Broker, Century 21 Advantage in Red Deer AB. Your Red Deer and Central Alberta real

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We're looking for talented realtors to join our growing team of real estate professionals.

Join Century 21 Advantage Team of Red Deer real estate experts

Whether your an experienced real estate professional or considering a career change as an entrepreneurial-minded Red Deer real estate expert, we have the guidance and expertise to take you to the level of business you're searching for.  Our agents receive training, tools, guidance and more to assist them in achieving their goals.  For more information, reach out to us or click the link below to learn a little more.

https://www.century21advantage.ca/joinus.php

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Penhold is a small bedroom community 10 minutes south of Red Deer AB, and approximately the same time & distance North of Innisfail AB.  For those in search of a quieter community where walking your kids to school, or to the playground is a must, then Penhold certainly fits that bill.  That has been one of the big attractions of Penhold, Family Lifestyle.

Penhold does have its amenities.  You will find grade schools, middle school, high school, and one of the main attractions is the Penhold Multiplex.  The town offices are there in addition to a large gymnasium, ice surface, library, and fitness center complete with an indoor running track around the rink.  This facility was cleverly designed as it was later integrated with the HIghschool gym and

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