Rural Strathcona Country Real Estate Market- Sales Statistics March 2024
Strathcona County real estate market reports for listings, sales and days on market.
Rural Strathcona County has experienced a significant transformation in its acreage sales market over the past year. In the first quarter of 2024, there was a remarkable increase in sold properties, with 40 sales marking a 60% increase year-to-date (YTD), and a total of 77 sales showing an 83.33% increase compared to the same period in 2023. This surge reflects a robust demand for rural living spaces.
The average sale price in March 2024 slightly declined by 6.50% from the previous year to $735K. Similarly, the monthly sales price saw a decrease of 34.67% YTD. The average days on the market until sale and the average ask-to-sell ratio also experienced slight adjustments, indicating a slight cooling in market urgency and negotiation leverage. Continue below to March statistics.
Bar graphs below are interactive
Strathcona County -Acreage Listings
60 new listings came to market in March 2024 and increase of 11% over March 2023.
Strathcona County – Average Acreage List Price
The average asking price of the new listings was $854k, up from $838.5k in March of last year.
Strathcona County –Acreage Sales
40 properties sold within the month of March. This is up 60% from last March where we saw 25 sales in Strathcona County.
Strathcona County Real Estate Market –Acreage Average Sales Price
The average sales price of acreage in Rural Strathcona County was $734.9k. This is down 6.5% from last years average sales price of $786k.
Strathcona County Acreage Average Days on Market
The average days on market was 66 before homes sold in Strathcona County.
Despite these fluctuations, the overall growth in sales volume and consistent sale prices signal a healthy and evolving market for Rural Strathcona County. This trend suggests an increasing attraction towards the rural lifestyle, offering opportunities for both buyers and sellers in this unique market.
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