The Lloydminster real estate market is experiencing some changes this week, and it’s important to stay informed whether you’re buying or selling. Let’s take a quick look at the latest data for October 14-20, 2024:

• 🏡 Active Listings: 149

• 🏡 Average Sold Price: $273,008 (down from last week)

• 🏡 Average Days on Market (DOM): 54 days

• 🏡 Properties Sold: 13

• 🏡 Pending Sales: 7

What Does This Mean?

The average sold price has dropped to $273,008, signaling a potential opportunity for buyers to get into the market while prices are a bit lower. Homes are sitting on the market for an average of 54 days, which means there’s still some time for negotiations, but well-priced homes are moving.

With 149 active listings and 13 homes sold this week, there’s movement, but sellers may need to adjust their strategies in this shifting market. If you’re thinking about selling, it’s important to be competitive with pricing and presentation to attract those motivated buyers.

Buyers:

Now’s the time to act! With prices dropping, you might find a great deal, but don’t wait too long—well-priced homes are still selling.

Sellers:

Let’s talk strategy! Whether it’s pricing your home competitively or enhancing your listing to stand out, we’ll find the best approach to get your property sold.

Harpreet Christie, REALTOR®️/Owner

📞 780-205-7653

📧 harpreet@bordercityrealestate.com

🌐 Harpreet Christie: Lloydminster AB REALTOR® - Call: 780-205-7653

🏡 Lloydminster Real Estate Market Update: September 16-22, 2024 📈

The Lloydminster market remains fairly active this week! Here’s what you need to know:

🔹 Active Listings: 149
🔹 Properties Pending: 11
🔹 Average Sold Price: $277,878
🔹 Average Days on Market: 49

Market Insights:

• The average listing price for active properties is $362,068, with a median price of $284,900.

• Pending homes show strong buyer interest, with an average list price of $331,189 and a swift average of just 31 days on the market.

• Sellers are seeing great results, with sold properties averaging 97.49% of their list price!

The market is vibrant, indicating continued demand. Whether you’re looking to buy, sell, or invest, now is a great time to connect!

For personalized advice or questions about your property needs, reach out:

📞 Harpreet Christie, REALTOR/OWNER
780-205-7653
✉️ harpreet@bordercityrealestate.com
🌐 http://BordercityRealEstate.com

Hello Lloydminster! As we close out August and step into September, here's a look at this week's real estate highlights:

• Active Listings: 151

• Properties Sold Last Week: 17

• Average Sold Price: $281,659

• Average Days on Market: 55

Market Trends:
This week, our market continued to demonstrate robust activity with 17 properties successfully sold and 5 more currently under contract. With homes averaging just 55 days on the market, it’s clear that properties are moving swiftly, reflecting strong buyer engagement.

🏡 Thinking of Listing Your Home?
If you're considering selling, the current market dynamics are in your favor. Take advantage of the active buyer interest and lower inventory to showcase your home. Let's get your property on the market and achieve the best possible outcome!

I’ve gotten a few questions about why I love real estate, so I thought I would share a bit about why I got into real estate! Today, I’m taking you through everything I love about real estate and why I can’t imagine doing anything else! Want to see how I can put my love for real estate to work for you? Please send me a message, and let’s grab a coffee!