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Dig's n Things - Real Estate and More with Dan Welyk

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Wednesday, December 3, 2008

Should You Be Buying or Selling Real Estate in our Current Market?

Very good question - very common question! My answer is Absolutely!!! For those of you who are considering making a purchase, our market offers some incredible deals. We are definitely seeing a buyer’s market out there!
 
What a change from 2006 when seller’s simply mentioned they were selling and would get multiple offers. I find this very interesting. In a seller’s market, buyers do not hesitate...
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Tuesday, December 2, 2008

Median Price for Single Family Homes in Calgary $387,300 (Nov Stats Published)

The November statistics are posted now - as you can see, the number of listings dropped siginificantly compared to previous months.  Historically normal for a November - expect the same for December.
 
Single Family Home (Calgary Metro)    
Month End Inventory   5083
New Listings Added   1567
Sales   670
Average Days on Market (sold)   55
Average Days on Market (active)   61
Average Selling Price (Median)   $387,300
List to Sell  Ratio   42.8 %
List $ to Sell $ Ratio   95.45 %
...
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