Archive for April, 2017

Calgary Real Estate Market Update- March 2017

Monday, April 3rd, 2017

Happy April! It’s kind of hard to believe that Winter has already come and gone. We can’t say we currently miss it too much as we have been loving the Spring weather in Calgary thus far.

The weather wasn’t the only thing that was heating up in March as the Calgary Real Estate Market continued its transition in to a balanced market. The promising start to the active spring season saw 1,906 properties sell in Calgary, which was a 20% increase over this time last year. Overall home inventory was down over 16% compared to last year. Average home prices were up 4.67% over last March. These conditions provide a pretty optimistic outlook for sellers and the market for the remainder of Spring.

Our team had a very successful March. It was our busiest month to date with us selling 16 properties in all areas of the market including inner-city condo’s, rural estate homes, new builds and single family homes through-out Calgary. We are excited to see what the rest of spring has in store for us.

If you have any questions regarding the Calgary Real Estate Market please contact us today. The Home Sweet Home Team is happy to provide you with any additional insight you would like regarding the market and the stats for the year so far. If you have any real estate needs, the Home Sweet Home Team is here for you.

For the full Calgary Real Estate Board Stats Package please click here: March 2017 Stats Package

Home Sweet Home Team

The Top Producing Team at Century 21 Bamber Realty Ltd.

HomeSweetHomeTeam.ca

 

 

 

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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