September 30th, 2011 Real Estate Report

In the Town of Drumheller the average sale price rose 2.9% for the first 9 months of 2011. The average sale price was $242,060 and there were 114 sales recorded. Currently Drumheller has 73 single family dwellings actively listed on the MLS system. An average of 13 properties sell per month indicating a 5.5 month supply of houses on the market. Rural Drumheller sales averaged $138,357 with 21 sales. Hanna and area had 30 sales averaging $148,996.

(Source: Realtor Association of South Central Alberta)