April 1 – 15 market update

Sales continue to increase despite a shortage of listings. Compared to the 3-year average, for single family homes

  • Sales are up 14%
  • New listings are down 8%
  • 30-day median price is up $11,000(+2.7%)
  • Inventory is down 20%

From the trenches: Stubborn and unrealistic sellers

I was doing some spring cleaning today and came across an evaluation from May 2011.

I evaluated a home at $415,000, but didn’t get the listing. Curious to see Continue reading

First-time buyers up 32%

Over the past 30 days, compared to 2011, first-time buyers have been extremely active in the Calgary SFH market. Continue reading

April 1 – 10 market update

Sales are still higher than at any time in the past four years. New listings are struggling to keep up with demand. Yesterday, 10% of the sales went for list price or higher.

Compared to the 3-year average, Continue reading

A very rare occurrence in Calgary

The 1926 bungalow in Roxboro sold in one day for $1,110,000 which was $160,100 over list price. The floor area was 1098 sq ft. Continue reading

Listings are up

We’ve been hoping for a better selection of listings for our buyers. Compared to the past 3 years, we’re seeing a lot more homes Continue reading

March was beyond anyone’s expectations

March 2012 Stats update can be seen here

Sales, not prices, are the leading indicator of where the market’s going. Sales of single family homes in March were up 23% compared to the 3-year average. Continue reading

March 22 – 28 market update

The past week has seen an improvement in new listings, although they’re still down 5%. Continue reading

The pending sales conundrum

Welcome to the new blog.

As you can see from the very first post, I reserved this name a long time ago. My old blog, probably one of the very first real estate blogs in Calgary, Continue reading

Welcome to my new real estate blog

This blog is under construction