The city of Airdrie saw a decrease in the number of home sales last year.

In 2018, there were 1,905 homes sold compared to 1,942 sold in 2017. It correlates with a slight decrease in the population growth of the city.

While sales were down slightly, the average home price increased. In 2017 the average home sold for $394,046, last year homes were averaging $401,800. That’s $7,754 more.

According to the municipal census, there are 26,210 homes in Airdrie, 951 new homes were added between April of 2018 and April of 2019.

The majority (75 per cent) of residents own their homes versus rent (25 per cent).

 

Comments? Questions? Story ideas? Email us at news@discoverairdrie.com