Home Trends from Lou Benis

Lou Benis •

Real Estate Lethbridge

LETHBRIDGE STATS REPORT FOR AUGUST 2024

AVERAGE SALE PRICE •

Detached: $447,509 UP 17.4% YOY Apartment: $190,254 UP 4.3% YOY Total Residential: $392,837 UP 12.6% YOY

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NEW LISTINGS • SFD: 156 •

Apartment: 33

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Total Residential: 195

SOLD LISTINGS • SFD: 135 •

Apartment: 26

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Total Residential: 195

ACTIVE LISTINGS • SFD: 293 • Apartment: 26 •

Total Residential: 361

SALES TO NEW LISTINGS RATIO: 89% MONTHS OF INVENTORY TOTAL: 1.9

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Source: AREA | Market values stated are of the average of Lethbridge and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home. Or call with your real estate market questions.

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