Weekly Real Estate Update: Mon Apr 18 – Mon Apr 25

Calgary
6489 homes for sale in metro Calgary
1634 homes sold in the last 30 days 
3.97 months worth of inventory
25.18% of the homes statistically to sell in the next 30 days
Market Conditions: Balanced Market
Average List Price : $488,964
Average Sale Price : $474,137
Average days on market : 46
Average list to sale price ratio : 96.97%

Absorb 251

Airdrie
487 homes for sale in metro Airdrie
123 homes sold in the last 30 days
3.96 months worth of inventory
25.26% of the homes statistically to sell in the next 30 days
Market Conditions: Balanced Market
Average List Price : $400,900
Average Sale Price : $392,702
Average days on market : 56
Average list to sale price ratio: 97.96%

Weekly Real Estate Update: Mon Apr 11 – Mon Apr 18

Calgary
6473 homes for sale in metro Calgary
1550 homes sold in the last 30 days 
4.17 months worth of inventory
23.95% of the homes statistically to sell in the next 30 days
Market Conditions: Buyers
Average List Price : $481,609
Average Sale Price : $466,790
Average days on market : 44
Average list to sale price ratio : 96.92% 

Absorb 18

Airdrie
485 homes for sale in metro Airdrie
117 homes sold in the last 30 days
4.14 months worth of inventory
24.12% of the homes statistically to sell in the next 30 days
Market Conditions: Buyers
Average List Price : $402,616
Average Sale Price : $392,673
Average days on market : 56
Average list to sale price ratio: 97.53%

Weekly Real Estate Update: Mon Apr 04 – Mon Apr 11

Calgary
6378 homes for sale in metro Calgary
1524 homes sold in the last 30 days 
4.19 months worth of inventory
23.89% of the homes statistically to sell in the next 30 days
Market Conditions: Buyers
Average List Price : $477,726
Average Sale Price : $463,169
Average days on market : 44
Average list to sale price ratio : 96.95% 

Absorb 11 3

Airdrie
476 homes for sale in metro Airdrie
115 homes sold in the last 30 days
4.14 months worth of inventory
24.16% of the homes statistically to sell in the next 30 days
Market Conditions: Buyers
Average List Price : $397,139
Average Sale Price : $387,093
Average days on market : 51
Average list to sale price ratio: 97.47%

March 2016 Statistics

Please contact us at 403-818-3907/403-975-0287 or robyn@robynmoser.comor lindsay@robynmoser.com if you have questions regarding the following graphs – we’d love to help you understand them and/or answer any questions you may have! In short, our markets are starting to strengthen!

March 2016 - Absorption Rate Graph March 2016 - Detailed Absorption Rate Graph

 

Renovating for Resale

Renovating your home for your own enjoyment is very different than renovating it to sell. Keep these tips in mind when giving your property a makeover intended for the market.

home-renovations-advice-on-budget-friendly-renovations-to-create-a-beautiful-home-photos

  1. Kitchens & bathrooms are tops. These areas, more than any others in your home, have the ability to “make or break” it, for prospective buyers, so you’d be wise to concentrate your renovating efforts and budget on these rooms – the kitchen, in particular – before upgrading other rooms
  2. It’s the little things. Don’t go overboard with your renovations. Numerous studies have shown its the simple, low-cost projects that offer home sellers the greatest return on investment. So, think small: a fresh coat of paint, new light fixtures, and new hardware in your kitchen and bathrooms.
  3. Appearance is everything. Get more bang for your renovation buck by focusing on upgrades with high visibility, like those made to flooring, walls, counters & cabinetry. These are more enticing to buyers than the kinds of functional improvements that aren’t obvious in photos or at first sight.
  4. Don’t replace what you can renew. Why install new hardwood floors if a simple (and much cheaper) refinishing will make them look good as new? Are your cabinets structurally sound? A refinishing or refacing may be all the upgrading they need. Where possible, work with what you already have.
  5. Tailor to your target market. When you’re renovating to sell, the changes you make need to appeal more to the general market, not necessarily to your specific tastes.

Weekly Real Estate Update: Mon Mar 28 – Mon Apr 04

Calgary
6235 homes for sale in metro Calgary
1477 homes sold in the last 30 days 
4.28 months worth of inventory
23.36% of the homes statistically to sell in the next 30 days
Market Conditions: Buyers
Average List Price : $477,096
Average Sale Price : $461,815
Average days on market : 43
Average list to sale price ratio : 96.80% 

Absorb 04

Airdrie
457 homes for sale in metro Airdrie
103 homes sold in the last 30 days
4.44 months worth of inventory
25.39% of the homes statistically to sell in the next 30 days
Market Conditions: Buyers
Average List Price : $388,370
Average Sale Price : $378,586
Average days on market : 45
Average list to sale price ratio: 97.48%