Blackfalds & Lacombe Snap Shot of the Real Estate Market

Posted by Patrick Galesloot on Tuesday, June 16th, 2020 at 11:45am.

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 and a little tougher for sure.  BUT... the bright spot?

Blackfalds Ab, real estate market

May showed great improvement in May as we eased into Stage 1 re-openings and slowly return to our normal routines and work schedules.  We look forward to that continuing.

What About Lacombe?  Anything different?

May real estate market for Lacombe AB

IN some areas, Lacombe's sales volume was more stable than Blackfalds, but the days on market went up dramatically.

Lacombe AB real estate market listings

Compared to April 2020, May 2020 rocked!.  Yes still well before last year's numbers, but the increase in activity is quite promising.  The real estate market in Lacombe is similar to both Blackfalds and Red Deer, but still has its own unique nuances that give Lacombe it's charm and local flare.  Yes even in the real estate market.

Are you on the fence this year when it comes to buying or selling?  or were/are you on pause?

We're happy to be your local real estate professionals.

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