The real estate market in the Parkland was much more active in the first four months of 2021, compared to the first four months of 2020.
In 2020, the total house sales in Dauphin was 26 from January to the end of April. In the first four months of this year, the number of homes sold has risen to 38, an increase of 12.
Including the entire Parkland in the first four months of last year, 44 residential properties were sold.
On the rise:
From January 1 to April 30, 2021, 55 properties were sold, an increase of 11 from the previous year in the same time frame. Colette Carefoot, Managing Broker and Owner of RE/MAX Parkland realty, says it appears that families are more comfortable purchasing homes now.
"It was scary for everyone at the start with COVID and all of the restrictions that were put in place," said Carefoot. "Now that we've lived in it for more than a year combined with the strict regulations that have been set up for us, we're certainly seeing more action this spring."
And if you're looking to get into a home of your own in the Parkland, now could be a perfect time. Kathy Stokotelny, Broker with Action Realty Ltd., says with the interest rate in a great spot, getting into your forever home or even just a starter home could come at a much better price.
"We just want to tell people not to be worried when they want to look at a property," said Stokotelny. "With the interest rate where it is, this is a great time to be a buyer, it's the time to be in the market."
Both Kathy and Colette agreed that they expect home sales in the region to continue trending in an upward direction after a great start to 2021.
"Anyone who is in a position to buy, I feel like they're trying to take advantage of interest rates," ended Carefoot. "
