Central Alberta REALTORS® Association

Market Conditions


Single Detached

Months of inventory for single detached homes numbered 14.7 at the end of the fourth quarter of 2019, down from the 15.6 months recorded at the end of the fourth quarter of 2018.

The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

With a tighter market, homes spent less time on the market in the fourth quarter of 2019 than they had a year earlier.

The median number of days on market for single detached homes was 63.5 in the fourth quarter of 2019, down from 73 days in the fourth quarter of 2018.