The Lloydminster market held strong this week with stable buyer activity, tight inventory, and a consistent pace of movement on well-positioned homes.
š Market Snapshot
Active Listings: 10
Properties Sold: 4
Pending Sales: 7
Average Sold Price: $261,500
Median Sold Price: $260,000
Average DOM (Sold): 118 days
Median DOM (Sold): 77 days
List-to-Sale Price Ratio: 98.63%
Average Price per Sq Ft (Sold): $220.95
šļø Property Breakdown
All homes sold were detached single-family homes, averaging 4 beds, 2 baths, and 1,253 sq ft. Sales ranged from $205,000 to $321,000, with one home selling over list at 101.91%, showing that well-prepped listings are still commanding strong offers.
The pending sales also reflect mid-range strength:
Median pending price: $329,900
Median DOM (Pending): 80 days
š Inventory Still Low
Only 10 homes were actively listed this week, extremely low for a city the size of Lloydminster. Even with longer DOM on sold homes, buyers are still writing offers, especially on properties between $260Kā$330K. Homes priced properly are seeing action.
š¬ Harpreetās Take
Itās early in the year, but demand is already building. Sellers who prepare now will benefit from minimal competition and engaged buyers.
If youāre considering a spring sale, letās connect and create a timeline that ensures your home stands out as fresh inventory.
š Harpreet Christie, REMAX Lloydminster
š± 780-205-7653