Exciting Calgary Real Estate Update for Spring 2014



Looking to buy or sell a home in Calgary, Alberta? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (403) 660-6200 for a FREE home buying or selling consultation to answer any of your real estate questions. 

I'm here again to update you on the Calgary real estate market. I will be going over certain things that clients were asking about, and also some issues that I find particularly pertinent to your success in real estate.
  • We are currently below two months worth of inventory, and this is pushing prices upwards.
    • This is your chance to sell if you've been thinking of selling. It's also a good time to buy because interest is low.
    • The highest volume of sales is within the $500-550,000 dollar price range.
      • 60% of sales are coming from this area.
  • If you're thinking about making a move this spring...
    • You have about a 60-90 day window to move after you've sold your home.
    • If you sell your home now and buy later, there is a good chance that you will find a great deal on a new home because the market will be flooded with people selling their homes.
  • It's an exciting time in Calgary for real estate:
    • Inventory is low, and people are still moving here.
    • Employment is strong.
    • Calgary is growing very quickly population-wise with over a million people in the area.
So, if you're looking to buy or sell in Calgary, now would be the time to talk to me about arranging a time to meet and discuss your current situation. Timing is very important as we head into a very busy spring and summer marketplace. You can reach me at (403) 660-6200 or visit www.jamesmurphy.com