Lloydminster’s real estate market showed healthy momentum this past week with strong turnover, stable pricing, and consistent buyer demand — particularly in the mid-market bracket.
📊 Weekly Snapshot:
Active Residential Listings: 137
Homes Sold: 13
Pending Sales: 6
Average Sold Price: $389,231
Median Sold Price: $320,000
Average DOM (Sold): 49
Median DOM (Sold): 40
List-to-Sale Ratio: 98.24%
🏠 Sales Breakdown:
Lowest Sold Price: $188,800
Highest Sold Price: $820,000
Average Size of Sold Homes: 1,230 sq ft
Average Price Per Sq Ft (Sold): $306.68
The majority of sales this week were 3–4 bedroom single-family homes, showing strong demand from families and move-up buyers. The $300K–$450K range continues to see the most movement, particularly in mature neighbourhoods like College Park and Steele Heights.
🕵️ Market Insight:
Quick Decisions: 6 properties went pending, with a median days on market of just 6, highlighting that well-priced listings are drawing offers within the first week.
Mid-Market Strength: The consistent activity under $400K suggests buyers are focused and motivated, while luxury homes remain slower-moving.
Affordability Matters: With the lowest sale closing under $200K, there’s clear demand in both entry-level and investment segments when inventory appears.
📌 What This Means:
We’re still in a balanced-to-slightly-active market. Homes under $450K are attracting solid attention, but condition and pricing are key. Buyers are savvy, watching for value, and acting fast when they see it.
If you’re planning to list, now is the time to hit the market with a solid strategy before we move further into Q4.
📍 Harpreet Christie, REMAX Lloydminster
📞 780-205-7653