Dan Welyk Calgary Realtor® Since 1999

There Is No Substitute for Experience.

September turned out to be a good month for Calgary home sellers and buyers.  New listings and inventory levels are down a little bit from the same time last year, with strong sales solidified a balanced market as expected.

Calgary real estate statistics

 

With the talk of declining markets in other regions of the country, Calgary's housing market is proving itself to be solid with very little to no signs of running into...

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August was a solid month for the Calgary Real Estate market.  Increased sales, lower new listings, average price increase and a lower average days on market.  Dont' be alarmed, that sounds like a shift in our market conditions.  I don't think so at this point.  Will have to keep a close eye on the changes over September and October.  See how we finish off the last quarter of...

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With the recent changes to FindNewDigs.com  -  I am introducing Community Profile Pages.  These will give a brief summary of the featured community along with pictures, property listings and demographic information.
 
Recently added was the Community of Royal Oak.  I invite you to check out the page and see what's out there! 
 
If you're a Royal Oak resident, this...
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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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October Community Market Reports gives you a snapshot real estate view in your neighbourhood.

You can now look at each community individually as single family homes or condos, as well as surrounding country residential.

What you will find in these reports:  Current Inventory, New Listings Added, Sales, Average Price, Median Price and Average Days on Market.  The great thing about these smaller...

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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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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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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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Calgary Homebuyers Take Advantage of Affordability And Choice

Upper-end home and entry-level condo sales get a boost

Calgary, September 1, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), sales for upper-end homes are above the pace set a year ago. As of Wednesday August 31, there were 948 single family sales over $700,000 recorded this year, compared to 779 reported...
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Calgary Housing Market on the Road to Recovery

Market improvements driven by clients looking for value
 
Calgary, August 2, 2011 – According to figures released today by CREB® (Calgary Real Estate Board), residential sales continue to trend towards recovery.  After the first seven months of the year, single family and condominium sales totaled 11,798, a 5 per cent increase over the previous...
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client review

 

Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.