Monthly Archives: July 2014

Slightly better conditions for buyers in June

• More homes are being listed
• Bidding wars have eased, but are still commonplace.
• 26% of homes sold for list price or higher in June.
• The average amount paid over list price was $6,417.
• The median price did not increase
• Average DOM(days-on-market) increased by 2 days
• Inventory is almost up to last year’s level
• The trend is your friend: The sales-to-new-listings trend is decreasing. Last year it was increasing.

If you bought an average home in Calgary in June 2013, the price has increased $40,000 in the past year.