Short and sweet…
I know the media like to report how awful our market is but here’s the truth from myself, a real estate associate working in Calgary.
Right now as I write this there are 6,244 single family, condo’s, and attached homes for sale in Calgary. 1,565 single family detached, attached, and condo’s have sold in the last 30 days. The average sale price in $465,039.
To sum it up – it is a buyers market if you are above the $500K price range. Any homes for sale below that are still selling (providing they’re priced right). I’m still seeing multiple offers. I just saw a home in Hawkwood listed for $879K sell for $890K only a few days ago.
The market is slower but we are not as bad as we were a few years ago (2009 -2010) when we had 9000+ homes for sale and no one was buying. Now is a great time to buy. It’s also a great time to sell if you have a great home that’s clean and in great shape. I can help you get your home ready for sale and tell you if it’s worth selling your home or not.
Enjoy the amazing spring we are having!