Airdrie home sales increased 10.34% year-over-year in December, capping off a fantastic year for the city’s real estate market.
Annual sales totaled 1,695 – a record high and a 28.31% increase from 2013.
The average price for the City of Airdrie increased 8.49% in 2014 to $387,103. The median price was up 9.3% to $388,000.
Like in Calgary, new listings spiked. Eighty properties were listed in December which is a peak for the month. Year-end inventory increased 49% to 170 but remained the 4th lowest level to start a year in the past decade.