Smart Calgary Homes Blog

July was another good month for Calgary Real Estate. It remains a balanced market so there are both pros and cons for Buyers & Sellers.

For sellers, while odds of selling decreased by about 9% this month, more homes are actually selling at or above selling price, and selling 2.2% faster. There are 13.5% fewer listings on the market than last month, so now could be a great time to list your home for sale.

For buyers, where prices increased in the apartment and attached homes categories, prices did drop in the detached homes category with the City of Calgary average sold price dropping as well. No matter your budget, give us a call and we can help to find the perfect home for you. 

View all of this month's statistics below. Have question? Contact

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Calgary's Real Estate Market Report - July Edition

Overall, June was a good month for Calgary Real Estate. It remains a balanced market and both Buyers & Sellers should be happy. Sellers are starting to adjust to the new norm in today's market. Price reductions are allowing buyers to get into homes that were previously unattainable. Prices are declining, which is great for buyers. There are also less homes on the market, and those homes are selling faster, which is great for sellers. We are seeing sales growth in the detached market. Also, we are continuing to see year over year price declines.

View all of this month's statistics below. Have question? Contact us!

Its easy to get into a new home. Whether you're ready to buy and just looking for

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Calgary's Real Estate Market Report - June Edition

For Sellers: It's a good time to be a seller. All the number look good this month with homes selling faster, and for more money. Odds of selling increased by more than 10% this month, and the average sold price increased by 3.7%, so there is no better time than now to put your house on the market.

For Buyers: With 3,319 new listings coming on the market this month, there is plenty of choice for buyers. But homes are selling faster, and for more money, so don't delay.

View all of this month's statistics below. Have questions? Contact us!

Its easy to get into a new home. Whether you're ready to buy and just looking for the perfect home, or you want to see all inventory out there, don't forget

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Calgary's Real Estate Market Report - May Edition

This month we entered a neutral market.

For Sellers: Homes are taking longer to sell, however the odds of selling increased by almost 9%. There is also less inventory on the market which means less competition.

For Buyers: More homes are selling below asking price, so don't forget to negotiate!

View all of this month's statistics below. Have questions? Contact us!

Remember, mortgage rates continue to be at a record low and with an experienced Realtor, its easy to get into a new home. Whether you're ready to buy and just looking for the perfect home, or you want to see all inventory out there, don't forget you can view all properties for sale in Calgary and area on our website.

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Events in Calgary this April

Spring is finally here! If you're starting on your spring cleaning this month, be sure to take a break every now and then to have fun! There is plenty to do in and around Calgary this month. Here are just a few options.

Spring Cleaning

Calgary Underground Film Festival

Mon. April 11 to Sun. April 17. Taking place at the Globe Cinema downtown, there are plenty of films to choose from. See just one film or buy a punch pass to view five films for the cost of four. Click for showtimes and full details.

Canmore Uncorked

April 6 to April 17. 2015 Winner of Canada's Event of the Year at the Canadian Tourism Awards. This festival includes everything from set price menus and experiences, to a Wine Festival and Big Brunch. See

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Calgary's Market Report for April

FOR SELLERS -- While homes are still selling slower than this time last year, last month we started to see sales bounce back up and continue on a positive trend. Days on market stayed the same from last month at 43 days, but now odds of selling increased 31.29% from last month. Months of inventory dropped from 5.04 to 3.83, bringing the buyer's market down and nearing a balanced market status.

While more homes are on the market, more homes are also selling, a jump from 1,130 home sold in February to 1,588 home sold in March. Looking good for sellers. Compared to last month there are 9.77% more homes selling at or above asking price, which means more money in your pockets. The average sold price dropped only 1.13%

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Calgary Market Report - March Edition

Last month, housing sales were slower than normal. With sales slowing and more listings coming on the market, the price of homes has continued to decline. This is the fifth consecutive month of price declines, however, this means that we continue to be in a Buyer's Market. If you are looking to buy a home, take advantage of the record low mortgage rates and explore the endless number of choices coming on the market.

Even though it's a buyers market, it is not all bad news for sellers. Compared to last month, the average home is selling for 3% more in price, 30% more homes are selling at or above asking price, and the odds of selling increased by almost 31%. Homes are also selling 18.6% faster than last month (a

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Events in Calgary this March

THE BIG TASTE 

On now until March 13th. A number of Calgary restaurants offer fixed price lunches and dinners giving Calgarians a chance to try different restaurants - Click for more details

THeBigTaste

TELUS SPARK: BODY WORLDS VITAL 

March 10 - May 31. This exhibition teaches about human anatomy using real human bodies that have been donated to science and preserved to show the body's structure in great detail - Click for more details

BOUTIQUE WEDDING MARKET 

March 12-13. This two-day wedding expo will show you some of Calgary's most creative artists and vendors. Plan your local wedding here - Click for more details

Wedding Shot

THE GRAPE ESCAPE 

March 18-19. Sample wine, spirits and beer from around the world with 30

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Calgary Home Sales continue to drop this year. As the warmer weather comes, more houses are listed on the market. Compared to last month, there are 83.8% more listings for sale, and the odds of selling decreased by almost 25%. Like last month, the average home stays on the market for 50 days, and it continues to be a Buyer's Market.

If you are considering selling your home, now is the time to start having that conversation with your Realtor to discuss strategy. With more homes on the market each month, inventory levels are rising. Combine that with a pullback in demand, meaning less buyers and fewer sales, it is getting harder to sell your home. The best thing you can do is contact us so we can evaluate the best options for you.

MARKET STATUS

Market Status - 13 month history   

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EVENTS HAPPENING IN CALGARY THIS FEBRUARY:

1) YYC Hot Chocolate Fest - Entire month of February: Click for more details.

HotChocolateFest

2) Family Day at the Fort Calgary Winter Carnival - Mon. Feb. 15, 2016: Click for more details.

3) The Wizard of Oz - Southern Alberta Jubilee Auditorium - Tues. Feb. 16 - Sun. Feb. 21: Click for more details.

4) The Little Prince - The Musical - At Theatre Calgary until Feb.28 : Click for more details.

The Little Prince

5) Body Worlds Vital - Telus Spark - Open until May 31Click for more details.

6) Calgary Home and Garden Show - Thurs. Feb. 25 - Sun. Feb. 28: Click for more details.

Home Show

7) Calgary Midwinter Blues Fest - Mon. Feb. 22 - Sun. Feb. 28: Click for more details.

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