Saturday, September 18, 2021
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Lethbridge a “buyer’s market” for real estate right now

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For those looking to purchase a home right now in Lethbridge, it really is a buyer’s market out there.

Cathy Maxwell with the Lethbridge and District Association of Realtors says there’s about seven months worth of inventory of the local market at the moment, so if you’re selling your home make sure it’s priced right.

“If you’re serious (about selling), you have to have that house prepared, in tip-top shape, have it priced correctly and competitively if you really want to have it outshine the other homes on the market.”, says Maxwell.

Maxwell says there is plenty of choice for those looking to buy. The average selling price for a home in the city is around $267,000 which is virtually the same as it was at this same time in 2018.

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Maxwell notes there have been fewer sales this year compared to last, however the dollar volume is up close to 5% which is good.

The seven months of worth of listings currently on the Lethbridge market is down from 12 months at the start of this year. Maxwell says that is a positive.

July is typically a slower month for real estate sales with people away on summer holidays and Maxwell expects things should start to pick up again in the fall.

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Patrick Siedlecki

Pat has been a mainstay in the CJOC News department from the time the station launched in 2007. He’s been in the position of News Director since then and has been anchoring daily news casts as well as reporting and working behind the scenes.

Community is important to him and keeping CJOC listeners and readers informed about what’s happening across southern Alberta and beyond.

Pat has been in radio broadcasting for the past 24 years, starting in Port Alberni on Vancouver Island in 1997 and then moving up island to Nanaimo for another few years before heading to Lethbridge in 2007.

Pat grew up in the small Saskatchewan farming town of Foam Lake. After high school, he went to Western Academy Broadcasting College (WABC) in Saskatoon prior to moving to the island.

Pat also spent several years broadcasting hockey in the BCHL as well as seven years as the radio voice of the Lethbridge Hurricanes in the WHL.

Pat has been working at Cornerstone Funeral Home in Lethbridge as a Certified Life Celebrant and Funeral Assistant since 2016.

News and sports have always been Pat’s passion from the time he was a teenager and he’s always been grateful to have had the opportunity to make that part of what’s been a fun and long radio career!

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