Morinville Real Estate Market Update May 2022

Posted by John Carle on Monday, June 6, 2022 at 5:14 PM  Comment

Morinville home sales continue to be strong, though the market in Morinville appears to be cooling slights. May of 2022 saw 10.87% fewer home sales vs May of 2021. However the average sale price remains strong, 10.86% higher than in May of 2021. Overall, the average home in Morinville has increased 5.65% in 2022. 

Another indication that the real estate market in Morinville is strong is that in May of 2022 the average time to sell a home is 50 days, where a year ago it took 67 days to see a home.