Seller’s Market? Weekly/Monthly City of Calgary Real Estate Update for Single Family and Condominium (single family includes all detached and attached homes that are not condominium)

 

3919 Homes for Sale 

1847 Homes Sold in the last 30 days

2.12 Months Worth of Inventory

Slightly less than half  the inventory has sold in the last 30 days

Market conditions border a Seller’s market

Vacancy of Homes on the Market 21%+/-

Tenanted Homes on the Market: 13%+/-

Weekly Median List Price : $418,200

Weekly Median Sale Price : $403,250

Weekly Median Square Footage: 1288

Weekly Median Days on Market : 24

Weekly Median List to Sale Price Ratio : 98%

 

Sales have ever so slightly declined over October 2012 sales data from the Calgary Real Estate Board. The number of homes actively for sale on the market are in line with last October’s stats. We are consistently showing below 2.3 months worth of inventory available; a balanced market is about 2.3 - 4 months of inventory. The available inventory is what’s driving the seller’s market versus a balanced market. If the amount of homes increased another 500+, we would enter a more balanced market. 

 

www.GreaterCalgaryRealEstate.com


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Please visit our Open House at 7726 47 AVE NW in CALGARY.
Open House on Sunday, October 20, 2013 1:00 pm
OPEN HOUSE Sun. Oct. 20th, 1:00-3:00 7726 47th Ave. NW Looking for a way to combine a spacious family home with a 2 bedroom income generating suite? Look no further. This custom built home has many architectural details that make it quite unique. The bright & sunny main level is open concept - kitchen, dining and living rooms & has hardwood floors. Master has walkthrough closet and 2 pce ensuite. Two other bedrooms & 2 full baths. Family room has door to the deck with stairs down to the backyard & interlocking brick patio. The suite has a separate entrance, lot's of windows, it's own laundry, full bath, 2 bedrooms, living room, kitchen & dining area. The garage is oversized,heated & has an over-height door. Don't be deceived by the exterior, it is a large and spacious home. Located on a quite street close to parks and transit. Wasn't touched by the flooding.
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Please visit our Open House at 480 DALMENY HILL NW in CALGARY.
Open House on Saturday, October 19, 2013 1:00 pm
*** OPEN HOUSE SATURDAY OCT.19 1:00-3:00***This cute as a button well maintained 2 storey 4 bedroom home is ready to live in. Main floor has a sunny entrance with separate dining, living and kitchen areas. Basement is developed with a large family room and flex room ideal for a guest bedroom or office. 4 good sized bedrooms on the upper level make this home excellent for a small or large family. Nicely painted throughout, much has been replaced in 2011/2012/2013. All flooring with ceramic tile and carpet, fridge, stove, countertop, sink and backsplash, pressure treated rear deck, roof, lighting, closet doors and shelving. This house sits on a nicely treed street, has a deep single attached garage, wide frontage and large fully fenced back yard. Elementary and Junior High schools, Dalhousie Community Centre. buses, C Train and Dalhousie Station are all within walking distance. This well established neighbourhood has much to offer.
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Please visit our Open House at 141 CITADEL MEADOW GDNS NW in CALGARY.
Open House on Sunday, October 20, 2013 1:30 pm
d Spacious townhome features 4 bedrooms and 2 living rooms, great for growing family. This home includes a double attached garage and is over 1400 sqft. It has harwood floors across the main with a good sized entrance, an open kitchen with breakfast bar overlooking dining area and large pantry. Living room features a corner gas fireplace and patio doors overlooking patio. 3 nice sized bedrooms upstairs with a 4 piece main bath and a 3 piece master bath. The basement is fully finished with a family room, large bedroom and another 4 piece bathroom. Wonderful home! Call to view!
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Market Pressure? Weekly/Monthly City of Calgary Real Estate Update for Single Family and Condominium (single family includes all detached and attached homes that are not condominium)

 

 

 

3961 Homes for Sale 

2018 Homes Sold in the last 30 days

1.96 Months Worth of Inventory

Slightly more than half of the inventory has sold in the last 30 days

Market conditions border a Seller’s market

Vacancy of Homes on the Market 21%+/-

Tenanted Homes on the Market: 13%+/-

Weekly Median List Price : $438,950

Weekly Median Sale Price : $426,250

Weekly Median Square Footage: 1337

Weekly Median Days on Market : 28

Weekly Median List to Sale Price Ratio : 98%

 

Calgary’s real estate market is bordering a Seller’s market. People moving into Calgary increased last year by over 19,000 and is still growing, that’s almost 1600 a month. That could create market pressure with families most likely looking for 500+ homes to live per month whether buying or renting. More people are staying in Calgary than leaving. Price your home accordingly and you should have no problem selling in this market.

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