Weekly Real Estate Update: Mon Nov 21 – Mon Nov 28

Calgary
5,791 homes for sale in metro Calgary (down 66)
1,187 homes sold in the last 30 days (down 111)
4.88 months worth of inventory (up 0.37)
20.55% of the homes statistically to sell in the next 30 days (down 1.66%)
Market Conditions: Buyers Market
Average List Price : $504,080 (up $7,392)
Average Sale Price: $485,763 (up $7,052)
Average days on market : 51 (up 1)
Average list to sale price ratio : 96.37% (down 0.03%)

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Airdrie
435 homes for sale in metro Airdrie (up 1)
72 homes sold in the last 30 days (down 11)
6.04 months worth of inventory (up 0.81)
16.55% of the homes statistically to sell in the next 30 days (down 2.57%)
Market Conditions: Buyers Market
Average List Price : $394,280 (up $8,669)
Average Sale Price : $384,394 (up $8,213)
Average days on market :51 (up 3)
Average list to sale price ratio: 97.49% (down 0.06%)

*Numbers in the brackets are a comparison from last weeks stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase.

Weekly Real Estate Update: Mon Nov 14 – Mon Nov 21

Calgary
5,857 homes for sale in metro Calgary (down 80)
1,298 homes sold in the last 30 days (down 165)
4.51 months worth of inventory (up 0.46)
22.16% of the homes statistically to sell in the next 30 days (down 2.44%)
Market Conditions: Buyers Market
Average List Price : $496,688(up $19,587)
Average Sale Price: $478,711 (up $16,857)
Average days on market : 50 (up 2)
Average list to sale price ratio : 96.4% (down 0.4%)

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Airdrie
434 homes for sale in metro Airdrie
83 homes sold in the last 30 days
5.23 months worth of inventory
19.12% of the homes statistically to sell in the next 30 days
Market Conditions: Buyers Market
Average List Price : $385,611
Average Sale Price : $376,181
Average days on market :48
Average list to sale price ratio: 97.55

*Numbers in the brackets are a comparison from last weeks stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase.

Annual Christmas Display Contest Rules & Guidelines – 2016 – 10 YEAR ANNIVERSARY!

‘Tis the Season for our Annual Christmas Display Contest in Hidden Valley & Hanson Ranch…. We are so pleased to announce that we have teamed up with both Kahane Law Office & CIR Realty to be able to offer ONE GRAND PRIZE of $5,000 this year to honour our 10 year anniversary! It’s like they say, “Go Big or Go Home!”. See below for the guidelines and rules! We hope to see your displays up and glowing on the evening of Wednesday December 14th, 2016!

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Weekly Real Estate Update: Mon Oct 31 – Mon Nov 07

Calgary
5,949 homes for sale in metro Calgary (down 207)
1,541 homes sold in the last 30 days (down 82)
3.86 months worth of inventory (up 0.07)
25.90% of the homes statistically to sell in the next 30 days (down 0.46%)
Market Conditions: Balanced Market
Average List Price : $477,684 (up $1,929)
Average Sale Price: $462,742 (up $1,663)
Average days on market : 36 (UP 2)
Average list to sale price ratio : 96.87% (down 0.05%)

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Airdrie
431 homes for sale in metro Airdrie (UP 4)
109 homes sold in the last 30 days (down 20)
3.95 months worth of inventory (up 0.64)
25.29% of the homes statistically to sell in the next 30 days (down 4.92%)
Market Conditions: Balanced Market
Average List Price : $378,774 (UP $176)
Average Sale Price : $370,280 (down $167)
Average days on market : 31 (down 5)
Average list to sale price ratio: 97.76% (down 0.09%)

*Numbers in the brackets are a comparison from last weeks stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase.