April 1-21, 2014 Calgary Real Estate Market Update

Do you think we can finally put the snow shovels away?    I’m a native Calgarian and the weather this past month has even gotten to me 😉 .  At least Calgary’s real estate market is behaving the way it should during the spring.

After 3 weeks, overall Calgary sales are up 3.51% y/y and 8.5% above the sales average of the previous 10 years.

Average & median annual price growth for all three housing categories is north of 5% with the single family segment showing the largest gains.

An increase of new listings has eased some pressure off the market, but with the sales-to-new-listings ratio still above 60% across the board, conditions still favor Calgary sellers.  This is evidenced by the fact that over 1 in 5 buyers (21%) paid above asking month-to-date, and by an average of $7,257.

Feel free to contact me by phone at 403-554-2284  or by email at  mike@findcalgary.com  if you want to buy or sell real estate in Calgary, Chestermere or Airdrie.

Calgary home sales - April 1-21 2014

Calgary home sales – April 1-21 2014

Calgary luxury home sales - April 1-21 2014

Calgary luxury home sales – April 1-21 2014

Stats Summary, April 1-21, Y/Y Comparison

Stats Summary, April 1-21, Y/Y Comparison

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