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

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Thursday, January 12, 2012

December 2011 Calgary Real Estate Board Statistics

December proved to be a strong month over the same period in 2010 with an increase in sales of 8%.  Was a nice finish to the year after a slower period in August/September periods.
 
Snapshot:
 
Market SnapShot
Single Family
 
Condo
Inventory
2761
 
1287
New Listings
760
 
324
Sales
722
 
310
Avg DOM
58
 
65
Avg Sale Price
$453,629
 
$280,155
Median Price
$393,750
 
$257,875
...
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Thursday, November 3, 2011

October 2011 Calgary Real Estate Board (CREB) Statistics

My apologies for the delay pushing the statistics out, due to a back end issue, I have been unable to publish to my blog.

October showed an increase in market activity by 10% over this same time period in 2010 giving us the ability to feel more secure in our market conditions in comparison, however aside from median condo prices, the market is down from last month.

Inner city, more established communities...

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Monday, October 3, 2011

September 2011 Calgary Real Estate Board Statistics

September shows a 7% increase in sales over the same period in 2010 giving us a slight jump in numbers, however does this reflect in overall pricing increases?  No. 
I have seen some communities slip backwards in pricing however this may simply be – the homes selling are the ones priced right.  That is ultimately a reality.

October will more than likely mirror September’s home sales so...

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Tuesday, September 27, 2011

Variable Rate v. Fixed Rate. What to pick? Well stat junkies, here are your statistics.

This is an interesting chart showing you a 10 year history of different kinds of mortgages available to consumers, providing you a visual on what option is better suited to you and your lifestyle.

You will see in the 10 year history, a variable rate is the better option for you, the consumer.  If you look back at a 25 year history, you will see a similar trend.  Aside from a few small blips,...

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Tuesday, November 3, 2009

Community Market Reports

Starting today, you can request to have detailed community real estate market reports emailed on a monthly basis to keep you up to date with trends in any area in and surrounding Calgary!
 
This is a great new service offered for those who want to be fully knowledgeable about Calgary's Real Estate Market. 
 

What you get...Current Listings, Days on Market, Current Sold Homes, Average...

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Thursday, October 1, 2009

Calgary Real Estate Board September 2009 Statistics

SnapShot of Calgary's September 2009 Market
Single Family Home (Calgary Metro)    
Month End Inventory   3148
New Listings Added   1857
Sales   1257
Average Days on Market (sold)   40
     
Average Selling Price (Median)   $399,900
List to Sell Ratio   67.7 %
     
Condo/Townhome (Calgary Metro)    
Month End Inventory   1515
New Listings Added   940
Sales   580
Average Days on Market (sold)   43
     
Average Selling Price (Median)   $265,000
List to Sell Ratio   61.7%
     
...
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Monday, June 1, 2009

May 2009 Calgary Real Estate Board Statistics

May 2009 Calgary Real Estate Board Statistics - up 23% over April 2009! Continuing to show signs of stabilization along with gains from this time last year!
 

With just over 70% of all sales being under $400,000, this shows us that entry level housing is continuing to dominate similar to the previous months this year. With first time buyers being this active, the sales will spill outwards to the...

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Tuesday, April 7, 2009

Has the Calgary Real Estate Correction Bottomed Out?

Has the Calgary Real Estate Correction Bottomed Out?
 
This is a very good question - and certainly still a very common topic of discussion. Depending on which media reports you follow, our economy can either be stabilizing or looking as though we will continue this path of uncertainty.
 

Home buyer’s seem to be following the more positive outlook on the state of our economy! As noted several...

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Saturday, February 14, 2009

Condo Market Correction - CTV Story

For those of you who watched the CTV news story on Friday February 13, 2009 - you saw a story about buyer's trying to pull out of pre-purchase contracts as now that they are taking possession of their units, the values have gone down significantly.  Read/Watch
 
A story like this is definitely not a surprise - though when watching the report you need to take a few things into consideration....
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Thursday, January 22, 2009

Yeah But...Dan...Calgary Real Estate Board Suggests Prices Will Continue To Drop In 2009

More Yeah But’s....
 
So yesterday on the media reported that Calgary is expecting the re-sale market to continue to drop in 2009 - by about 2%.
 
For many potential home buyer’s out there - this can concern you. I know this kind of news does scare off some people - but, let’s put this in perspective.
 
Currently you pay (for example purposes) $1500 per month in rent. By January 2010...
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