June 30th, 2011 Drumheller Report

For the first six months of 2011 the Drumheller resale market had an average sale price of $275,549. Houses had an average time on market of 126 days. There is an average of 12 houses sold per month and currently 65 single family detached dwellings listed. This indicates about a 5 month supply of homes. Rural Drumheller sales averaged $148,391, Hanna and district had 23 sales and an average sale price of $148,391. The town of Vulcan had 3 sales with an average of $199,500.
(Source: Realtors Association of South Central Alberta)