May 2012 statistics for the City of Medicine Hat showed the average residential sale price was $263,949. Year to date for 2012 showed an average sale price of $257,482.
Monthly residential average prices declined in Medicine Hat (-0.1 per cent), Lethbridge (-3 per cent), and Alberta West (-7 per cent). As of June 2012 there are currently 428 active residential listings which is
down from the month of May 2012 which had 438 active residential listings.
(Information provided by Medicine Hat Real Estate Association, CREA, CMHC )