Okotoks Home Sales Update
February sales reach levels not seen for the month since the record high in 2007.
New listings have been trending up from the lows seen at the end of 2020, helping to support a significant improvement in sales in February.
Inventory levels remain exceptionally low relative to sales and the months of supply dropped below two months. Like other towns around Calgary, the sellers’ market conditions caused prices to trend up. In February, the benchmark price reached $442,600, nearly five per cent higher than levels recorded last year.
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