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2009, Q1
What You Need to Know
About Today’s Real Estate Market
Weekly Listings and Sales
                                                                                               Active   Active
                                               #                            #
                                #       #           #   Price # Expired                Net                        Total
                                                                                               Single Apartment
                                            Pending                     Cancelled
     Weekly Stats
                             Listings Sales          Changes Listings               loss/gain Family              Active
                                                                                                        Condo
                                             Sales                       Listings
                                                                                              Listings Listings
                                 14           7                  11   60    9          -62      289       76
Dec.29/08-Jan. 4/09                                                                                                488
                                 47          11                  36   20   24          -8      299       76
Jan. 5-Jan. 11                                                                                                     491
                                 69           7          16      44   24    7          31      310       81
Jan. 12-Jan. 18                                                                                                    506
                                 63          23          21      39   14   10          16      303       84
Jan. 19-Jan. 25                                                                                                    506

                                 67          21          19      44   29   21          -4      298       86
Jan. 25-Feb. 01                                                                                                    512
                                 90          27          22      42   17   18          28      328      108
Feb. 2-Feb. 8                                                                                                      578
                                 70          35          29      38   7     9          19      336      113
Feb. 9-Feb. 15                                                                                                     591
                                 52          23          24      57   5    10          14      350      117
Feb. 16-Feb. 22                                                                                                    613

                                 67          29          25      42   21   10          7       360      115
Feb. 23-March 1                                                                                                    611
                                                                                       27
March 2-March 8                  84          29          16      39   7    21                  370      114        633
March 9-March 15                 51          25          24      40   9    21          -4      365      113        632
March 16-March 22                63          32          23      53   8    25          -2      376      112        641
March 23-March 29                68          27          35      47   4    12          25      380      114        650
March 31-April 5                                                                                                   649
                                 60          40          22      44   23   14         -17      372      115

   2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                                                                  Page 2
 Alberta REALTORS® Association MLS®
100




                                                                               10
                                                                                    20
                                                                                              30
                                                                                                                40
                                                                                                                     50
                                                                                                                          60
                                                                                                                               70
                                                                                                                                    80
                                                                                                                                         90




                                                                           0
                                                   August 4 - August 10
                                                  August 11 - August 17
                                                  August 18 - August 24
                                                  August 25 - August 31
                                                        Sept. 1 - Sept 7




Alberta REALTORS® Association MLS®
                                                      Sept. 8 - Sept 14
                                                     Sept. 15 - Sept 21
                                                     Sept. 22 - Sept 28
                                                       Sept. 29 - Oct. 5
                                                      Oct. 06 - Oct. 12
                                                       Oct. 13 - Oct. 19




  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                      Oct. 20 - Oct. 26
                                                      Oct. 27 - Nov. 02
                                                      Nov. 03 - Nov. 09
                                                      Nov. 10 - Nov. 16
                                                      Nov. 17 - Nov. 23
                                                                                                                                                    Weekly Listings and Sales




                                                      Nov. 24 - Nov. 30
                                                     Dec. 01 - Dec. 07
                                                      Dec. 08 - Dec. 14
                                                      Dec. 15 - Dec. 21
                                                      Dec. 22 - Dec. 28
                                                      Dec. 29 - Jan. 04
                                                    Dec.29/08-Jan. 4/09
                                                         Jan. 5-Jan. 11
                                                        Jan. 12-Jan. 18
                                                        Jan. 19-Jan. 25
                                                        Jan. 25-Feb. 01
                                                          Feb. 2-Feb. 8
                                                         Feb. 9-Feb. 15
                                                       Feb. 16-Feb. 22
                                                       Feb. 23-March 1
                                                      March 2-March 8
                                                     March 9-March 15
                                                    March 16-March 22
                                                    March 23-March 29
                                                       March 31-April 5
                                                                                         # Sales
                                                                                                   # Listings




        Page 3
How’s the Red Deer market?

       • How Many Active Properties are there in Red Deer
         today?
          – 648
       • How many Sales in March?
          – 123
       • How Many New Listings?
                 – 280
       • How many listings are not selling each month?
                 – 669
       • Absorption rate?
                 – 5.27 Months
  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                Page 4
Alberta REALTORS® Association MLS®
Red Deer March Comparison




  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                Page 5
Alberta REALTORS® Association MLS®
Red Deer March Comparison




  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                Page 6
Alberta REALTORS® Association MLS®
Red Deer March Comparison




  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                Page 7
Alberta REALTORS® Association MLS®
Red Deer Jan 01 – March 31 Comparison




  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                Page 8
Alberta REALTORS® Association MLS®
Red Deer March Comparison Jan 1 – March 31st




  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                Page 9
Alberta REALTORS® Association MLS®
New MLS ® Listings in Red Deer Q1, 2009
   2009                New Listings
   January                       218
   February                      248
   March                         280
                                                                          New Listings
                                                 300


            Listings                             250
         increased by
          12.9% over                             200

           February
                                                 150
                                                                                                 New Listings

                                                 100


                                                   50


                                                    0
                                                                January   February       March


  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                                                         Page 10
Alberta REALTORS® Association MLS®
Sales in Red Deer Q1, 2009
  2009                Sales
  January                       62
  February                     113
                                                                            Sales
  March                        123         140



    Sales increased                        120

      8.85% from
                                           100
       February
                                             80
      Accentuate the
                                                                                               Sales
         positive.                           60

      Buyers want to
        work with                            40

        someone
                                             20
      confidant and
         positive.                            0
                                                                January   February   March
  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                                             Page 11
Alberta REALTORS® Association MLS®
MLS® Sales in Red Deer Q1, 2009
MARKET WATCH
Average Price Comparison to Number Sold
           100&
           Under 100-150 150-200 200-250 250-300 300-350 350-400 400-450 450-500 500-550 550-600 600-700 700+                     Total Avg. Pr.
  2009
  JAN         5        4         3         8        27          7      5         0        3        0        0         0       0    62       $239,821
  FEB         3        4         6        15        33          21     14        7        6        3        0         0       1   113       $300,465
  MAR         5        5         10       24        26          21     17        8        2        3        2         0       0   123       $285,407
  APR                                                                                                                              0
  MAY                                                                                                                              0
  JUN                                                                                                                              0
  JUL                                                                                                                              0
  AUG                                                                                                                              0
  SEP                                                                                                                              0
  OCT                                                                                                                              0
  NOV                                                                                                                              0
  DEC                                                                                                                              0
 TOTAL       13        13        19       47        86          49     36       15       11        6        2         0       1   298       $275,231
                                                           Information based on Red Deer Real Estate Board MLS Stats 2009 only.
  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                                                                                                       Page 12
Alberta REALTORS® Association MLS®
MLS® Sales in Red Deer Q1, 2009
                                        2009 Sales by Price Range 2009 Q1
    35
    30
    25
    20
    15
    10
       5
       0




                                                                JAN   FEB   MAR
  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                                  Page 13
Alberta REALTORS® Association MLS®
MLS® Sales in Red Deer Q1, 2009




  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                Page 14
Alberta REALTORS® Association MLS®
MLS® Sales in Red Deer Q1, 2009




  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                Page 15
Alberta REALTORS® Association MLS®
Days on Market


                                                 DOM for 2009
                                    Red Deer Blackfalds Sylvan LakeLacombe
  January                              53        72         85        87
  Feb                                  50        77         86        44
  Mar                                  48        44         48        51




  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                         Page 16
Alberta REALTORS® Association MLS®
Days on Market
                                                                Red Deer Days on Market
             80


             70


             60


             50


             40


                                                                                          Red Deer
             30


             20


             10


              0




  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                                             Page 17
Alberta REALTORS® Association MLS®
Average Sale Price in Red Deer Q1, 2009
                            Total Average Sales Prices in 2009
                                                Red Deer        Blackfalds Sylvan Lake   Lacombe
                January                           262,877        269,310     333,623     247,801
                February                          300,465        298,875     315,192     283,481
                March                             285,407        261,311Deer 318,594     266,972
                                                                   Red
                                    350,000

                                    300,000

                                    250,000

                                    200,000

                                    150,000
                                                                                            Red Deer
                                    100,000

                                     50,000

                                            0




  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                                                       Page 18
Alberta REALTORS® Association MLS®
Average Single Family Sale Price in Red Deer 2009
     January                   $297,826
                                                   $340,000
     February                  $333,681
                                                   $330,000
     March                     $328,321
                                                   $320,000
     April
                                                   $310,000
     May
                                                   $300,000
     June
                                                   $290,000
     July
                                                   $280,000
     August
                                                   $270,000
     September
     October
     November
     December
                               $319,943


  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                Page 19
Alberta REALTORS® Association MLS®
Red Deer Listings Sold Market Share
                Listings Sold
 Century 21                               32
 Coldwell                                  8
 Remax                                    21
 RLP Net                                  27
                                                                                       Royal Carpet                 True North
                                                                                                      Realty Exec
 RLP Pat                                   3
                                                                                           1%
                                                                          Prudential                                   3%
                                                                                                          2%
 Sutton                                    9                                 2%
 Maxwell                                   5
 Help-U-Sell                               0                                                                                     Misc.
                                                                                                                                  7%        Century 21
 Prudential                                3
                                                                                                                                              26%
 Royal Carpet                              1                Help-U-Sell
                                                                0%
 Realty Exec                               2
 True North                                4
                                                                                                                                                 Coldwell
 Misc.                                     8                    Maxwell                                                                            7%
                                                                 4%
 Total                                   123
                                                                          Sutton
                                                                           7%
                                                                                                                                         Remax
                                                                                                                                          17%
                                                                             RLP Pat
                                                                                                          RLP Net
                                                                               2%
                                                                                                           22%


  2009 Century 21 Advantage. All MLS ® Stats from the Central
                                                                                                                                                      Page 20
Alberta REALTORS® Association MLS®

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Q1 Red Deer MLS stats

  • 1. 2009, Q1 What You Need to Know About Today’s Real Estate Market
  • 2. Weekly Listings and Sales Active Active # # # # # Price # Expired Net Total Single Apartment Pending Cancelled Weekly Stats Listings Sales Changes Listings loss/gain Family Active Condo Sales Listings Listings Listings 14 7 11 60 9 -62 289 76 Dec.29/08-Jan. 4/09 488 47 11 36 20 24 -8 299 76 Jan. 5-Jan. 11 491 69 7 16 44 24 7 31 310 81 Jan. 12-Jan. 18 506 63 23 21 39 14 10 16 303 84 Jan. 19-Jan. 25 506 67 21 19 44 29 21 -4 298 86 Jan. 25-Feb. 01 512 90 27 22 42 17 18 28 328 108 Feb. 2-Feb. 8 578 70 35 29 38 7 9 19 336 113 Feb. 9-Feb. 15 591 52 23 24 57 5 10 14 350 117 Feb. 16-Feb. 22 613 67 29 25 42 21 10 7 360 115 Feb. 23-March 1 611 27 March 2-March 8 84 29 16 39 7 21 370 114 633 March 9-March 15 51 25 24 40 9 21 -4 365 113 632 March 16-March 22 63 32 23 53 8 25 -2 376 112 641 March 23-March 29 68 27 35 47 4 12 25 380 114 650 March 31-April 5 649 60 40 22 44 23 14 -17 372 115 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 2 Alberta REALTORS® Association MLS®
  • 3. 100 10 20 30 40 50 60 70 80 90 0 August 4 - August 10 August 11 - August 17 August 18 - August 24 August 25 - August 31 Sept. 1 - Sept 7 Alberta REALTORS® Association MLS® Sept. 8 - Sept 14 Sept. 15 - Sept 21 Sept. 22 - Sept 28 Sept. 29 - Oct. 5 Oct. 06 - Oct. 12 Oct. 13 - Oct. 19 2009 Century 21 Advantage. All MLS ® Stats from the Central Oct. 20 - Oct. 26 Oct. 27 - Nov. 02 Nov. 03 - Nov. 09 Nov. 10 - Nov. 16 Nov. 17 - Nov. 23 Weekly Listings and Sales Nov. 24 - Nov. 30 Dec. 01 - Dec. 07 Dec. 08 - Dec. 14 Dec. 15 - Dec. 21 Dec. 22 - Dec. 28 Dec. 29 - Jan. 04 Dec.29/08-Jan. 4/09 Jan. 5-Jan. 11 Jan. 12-Jan. 18 Jan. 19-Jan. 25 Jan. 25-Feb. 01 Feb. 2-Feb. 8 Feb. 9-Feb. 15 Feb. 16-Feb. 22 Feb. 23-March 1 March 2-March 8 March 9-March 15 March 16-March 22 March 23-March 29 March 31-April 5 # Sales # Listings Page 3
  • 4. How’s the Red Deer market? • How Many Active Properties are there in Red Deer today? – 648 • How many Sales in March? – 123 • How Many New Listings? – 280 • How many listings are not selling each month? – 669 • Absorption rate? – 5.27 Months 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 4 Alberta REALTORS® Association MLS®
  • 5. Red Deer March Comparison 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 5 Alberta REALTORS® Association MLS®
  • 6. Red Deer March Comparison 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 6 Alberta REALTORS® Association MLS®
  • 7. Red Deer March Comparison 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 7 Alberta REALTORS® Association MLS®
  • 8. Red Deer Jan 01 – March 31 Comparison 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 8 Alberta REALTORS® Association MLS®
  • 9. Red Deer March Comparison Jan 1 – March 31st 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 9 Alberta REALTORS® Association MLS®
  • 10. New MLS ® Listings in Red Deer Q1, 2009 2009 New Listings January 218 February 248 March 280 New Listings 300 Listings 250 increased by 12.9% over 200 February 150 New Listings 100 50 0 January February March 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 10 Alberta REALTORS® Association MLS®
  • 11. Sales in Red Deer Q1, 2009 2009 Sales January 62 February 113 Sales March 123 140 Sales increased 120 8.85% from 100 February 80 Accentuate the Sales positive. 60 Buyers want to work with 40 someone 20 confidant and positive. 0 January February March 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 11 Alberta REALTORS® Association MLS®
  • 12. MLS® Sales in Red Deer Q1, 2009 MARKET WATCH Average Price Comparison to Number Sold 100& Under 100-150 150-200 200-250 250-300 300-350 350-400 400-450 450-500 500-550 550-600 600-700 700+ Total Avg. Pr. 2009 JAN 5 4 3 8 27 7 5 0 3 0 0 0 0 62 $239,821 FEB 3 4 6 15 33 21 14 7 6 3 0 0 1 113 $300,465 MAR 5 5 10 24 26 21 17 8 2 3 2 0 0 123 $285,407 APR 0 MAY 0 JUN 0 JUL 0 AUG 0 SEP 0 OCT 0 NOV 0 DEC 0 TOTAL 13 13 19 47 86 49 36 15 11 6 2 0 1 298 $275,231 Information based on Red Deer Real Estate Board MLS Stats 2009 only. 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 12 Alberta REALTORS® Association MLS®
  • 13. MLS® Sales in Red Deer Q1, 2009 2009 Sales by Price Range 2009 Q1 35 30 25 20 15 10 5 0 JAN FEB MAR 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 13 Alberta REALTORS® Association MLS®
  • 14. MLS® Sales in Red Deer Q1, 2009 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 14 Alberta REALTORS® Association MLS®
  • 15. MLS® Sales in Red Deer Q1, 2009 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 15 Alberta REALTORS® Association MLS®
  • 16. Days on Market DOM for 2009 Red Deer Blackfalds Sylvan LakeLacombe January 53 72 85 87 Feb 50 77 86 44 Mar 48 44 48 51 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 16 Alberta REALTORS® Association MLS®
  • 17. Days on Market Red Deer Days on Market 80 70 60 50 40 Red Deer 30 20 10 0 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 17 Alberta REALTORS® Association MLS®
  • 18. Average Sale Price in Red Deer Q1, 2009 Total Average Sales Prices in 2009 Red Deer Blackfalds Sylvan Lake Lacombe January 262,877 269,310 333,623 247,801 February 300,465 298,875 315,192 283,481 March 285,407 261,311Deer 318,594 266,972 Red 350,000 300,000 250,000 200,000 150,000 Red Deer 100,000 50,000 0 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 18 Alberta REALTORS® Association MLS®
  • 19. Average Single Family Sale Price in Red Deer 2009 January $297,826 $340,000 February $333,681 $330,000 March $328,321 $320,000 April $310,000 May $300,000 June $290,000 July $280,000 August $270,000 September October November December $319,943 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 19 Alberta REALTORS® Association MLS®
  • 20. Red Deer Listings Sold Market Share Listings Sold Century 21 32 Coldwell 8 Remax 21 RLP Net 27 Royal Carpet True North Realty Exec RLP Pat 3 1% Prudential 3% 2% Sutton 9 2% Maxwell 5 Help-U-Sell 0 Misc. 7% Century 21 Prudential 3 26% Royal Carpet 1 Help-U-Sell 0% Realty Exec 2 True North 4 Coldwell Misc. 8 Maxwell 7% 4% Total 123 Sutton 7% Remax 17% RLP Pat RLP Net 2% 22% 2009 Century 21 Advantage. All MLS ® Stats from the Central Page 20 Alberta REALTORS® Association MLS®