Record Setting July for Calgary’s Luxury Home Market

Once again, Calgary’s luxury homes real estate market is setting new records!

In the month of July 2013, 70 luxury homes, homes above the sales price of $1M were sold in Calgary as reported by CREB. This sets a record total for Calgary luxury home sales in a July. Last year there were just 42 luxury homes sold in the month of July, making this years sales a 66% increase over July 2012.

This years luxury real estate market is greatly outpacing last years as 470 homes have been sold so far as compared to 344 at this point last year. Not only was this a record setting July but more luxury homes have been sold in the past 6 month period than any other year, excluding 2012.

If you are a luxury homeowner and are considering selling, the market is very HOT and it is a great time to get the most for your home! Our Fine Homes & Estates Specialist, Julie Vesuwalla, would be more than happy to provide you with a free market evaluation of your Calgary home.

 On the other hand, if you are looking to purchase a Calgary property it is still a great time as prices are quickly on the rise. Contact Us at the Home Sweet Home Team TODAY! We are your CALGARY CONNECTION!

Source: http://www.calgaryherald.com/business/real-estate/home+sales+July/8743475/story.html

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board. 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.
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