July Lethbridge Real Estate Market Update
The Lethbridge market continued to move toward a more balanced market in July, with some noticeable changes:
Sales decreased by approximately 20% compared to the previous period.
More homes are coming onto the market, with inventory increasing by about 5%.
We’re currently sitting at approximately 2.5 months of inventory. A truly balanced market is generally closer to 3.5 months of supply.
What does this mean?
While the market is gradually becoming more balanced, we’re still in seller-favouring territory. Demand also remains strong in certain price ranges and property types.
Whether you're thinking about selling, buying, or simply wondering what your home is worth in today's market, I'm always happy to provide some insight.
Contact me anytime — I'm always available for a direct conversation.
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