Home sales in the Lethbridge region were up over 40 per cent compared to the same month 2023.
According to the Alberta Real Estate Association, 148 homes were sold in November, a 42.3 per cent year-over-year bump; with the average price up 15.5 per cent at $382,908. The average price for an apartment in the Lethbridge area saw the largest jump in November, seeing a 65.6 per cent boost to $273,460.
In November, the number of detached homes and apartments sold saw an increase, while the number of semi-detached and row homes sold both were down. The number of people putting their homes on the market in second last month of 2024 also saw a decline, with 7.7 per cent fewer homes being put up for sale.
In the first 11 months of 2024 Lethbridge home sales saw a seven per cent bump compared to the previous year, while the number of homes put on the market saw a one per cent increase. The average price was $384,569, a 12 per cent year-over-year increase.
