November 2019 Real Estate Medicine Hat

Medicine Hat home sales down year-over-year in November. Residential sales activity in all of Alberta, by comparison, fell 3.3% in November 2019 compared to November 2018. The average price of homes sold in November 2019 was $287,011, edging down 2.4% from November 2018.The more comprehensive year-to-date average price was $280,035, up 0.8% from the first 11 months of 2018. The provincial average price for homes sold in November 2019 was $370,440, edging down 1.2% from November 2018.

Note: The Association cautions that the average MLS® residential price is a useful figure only for establishing trends and comparisons over a period of time. It does not indicate an actual price for a home due to the wide selection of housing available in the area.