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The Lockwood Report: Daily Alberta Arts Neighborhood Housing Market Update for May 23rd, 2018As of Wednesday, May 23rd, 2018, in Alberta Arts Neighborhood there are a total of 160 active residential homes for sale, 187 pending listings and 128 properties sold in the most recent 30 day period. The average list price for all active residential listings in Alberta Arts Neighborhood is $401,009, while the average asking price for properties new on market in the last 30 days is $405,808. Residential homes for sale in Alberta Arts Neighborhood sold at an average price of $379,015 while newly listed properties came in higher on average, at $405,808.
New listings in Alberta Arts Neighborhood are outpacing sold properties. For the most recent 30 day period, 128 properties sold and 172 came on the market. In summary, new listings outpaced sales by 44. As a point of reference, in the month prior, there were 95 sold Alberta Arts Neighborhood residential listings while 178 homes for sale became available on the market. Keep an eye on the number of pending listings (currently 187) because an increase in pending sales may offset an increase in new listing inventory.
*A zero result on the above Alberta Arts Neighborhood graph means that no properties sold in the respective price range during the month indicated.