The new year has kicked off with a tight market in Lloydminster, with inventory levels remaining very low. If you’re thinking about selling, this could be your opportunity! Let’s break down the latest stats for January 2025.
📊 Market Snapshot
Active Listings: 102
Homes Sold: 33
Pending Sales: 10 (estimate based on trends)
Average Sold Price: $254,082
Average Days on Market: 92
Average Sale-to-List Price Ratio: 93.45%
🏡 What’s Happening in the Market?
With only 102 active listings, buyers are competing for available homes. The average home is selling in 92 days, and sellers are getting about 93.45% of their asking price. Well-priced homes are moving fast, and with low inventory, sellers have the upper hand.
For buyers, this is a market where acting quickly matters. If you find a home that fits your needs, waiting too long could mean missing out.
💡 What This Means for You
✅ Sellers: If you’re thinking about listing, now is the time! With fewer homes available, you have less competition.
✅ Buyers: Be prepared to move fast and work with an experienced agent to navigate this competitive market.
If you want a personalized strategy for buying or selling, let’s talk!
📞 Harpreet Christie, OWNER/REALTOR®️
📲 780-205-7653
📧 harpreet@bordercityrealestate.com
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