Dan Welyk Realtor®  Since 1999

There Is No Substitute for Experience.

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Surprisingly, April was somewhat slower of a month than one would have expected.  Certainly nothing to be alarmed about, as the statistics continue to show stability.
 
A little chatter out there in the media about another housing bubble - Calgary does not fit this catagory as the prices over the past year have stabilized - unlike Vancouver where prices have gone up. 
 
April also saw a couple jumps in interest rates  -  many consumers like myself are very frustrated with this - as the Bank of Canada Rate has not changed - this is simply a further cash grab by the big banks.  We are simply peon's in the eyes of the big banks and they will stomp on us as they choose.
 
SnapShot of Calgary's March 2010 Market
Single Family Home (Calgary Metro)    
Month End Inventory   4986
New Listings Added   3082
Sales   1352
Average Days on Market (sold)   36
Average Days on Market (active)   42
Average Selling Price (Median)   $417,000
Listings to Sales   61.81%
Sales $ to List $   97.46%
Condo/Townhome (Calgary Metro)
 
 
Month End Inventory
 
2445
New Listings Added
 
1336
Sales
 
639
Average Days on Market (sold)
 
41
Average Days on Market (active)
 
45
Average Selling Price (Median)
 
$267,500
Listings to Sales
 
54.64%
Sales $ to List $
 
97.4 %
 

For the full data package follow this link:


 

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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.