April 20, 2007
Calgary Real Estate - First quarter of 2007
The first quarter of 2007 has ended with a predicted "average" market.
Thankfully, a large number of new mls listings has kept prices in check (somewhat). I say somewhat because some pockets of your market did see some significant jumps - mainly in the $300 to $400K range.
March did bring a record number of MLS sales ever - this was kept in check with a record breaking number of MLS listings! Good thing for buyers as without the high number of new listings, we would have seen a quick surge in pricing for April.
We did not see a massive jump again like we saw last year in 2006 as many had predicted.
April so far is bringing a large number of new listings over actual sales - will definitly have to keep a close eye on this trend.
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.