Calgary Real Estate Sales – What You Need to Know

Calgary Real Estate Sales – What You Need to Know

trajan-pointe-downtown-west-end-calgary-condos-hripko-nelson-real-estate If you have been following the Calgary real estate market, then you know that 2014 was one of the best years for sales. With over $10.9 billion in sales over a ten-month period, it was truly a seller’s market. 2015 saw a recent drop in sales, however, many sellers are still seeing a quick turnaround when selling their home.

When selling your home or Calgary luxury condo, the numbers should not discourage you. In fact, you should use the sales numbers to help you sell your home. With sales not being as high as 2014, it is important that you price your home correctly. By remaining up to date with the latest market trends, you will be able to determine the best price for your home.

When selling your home, it is important to work with your Calgary real estate agent and be sure that he or she understands the current trends of the market. This can greatly affect the sale of your home.

If you are planning to purchase a home in Calgary, this is definitely a buyer’s market. You should be able to find Calgary real estate that meets your needs and budget. However, you want to work with a Calgary real estate agent to make the process flow smoothly.

If you are looking for a Calgary real estate company that can help you sell your home or buy a luxury home or condo, Hripko, Nelson & Associates can help. Ranked in the top 1% of realtors in North America, their team specializes in selling and buying homes in the Calgary area.

traditional-luxury-home-West-springs-sw-calgary-real-estate-hripko-nelsonThe team at Hripko, Nelson and Associates has extensive experience and consistently remains up to date with the latest real estate market trends. They will also help you determine the best price and take on all necessary tasks to sell your home within a reasonable time. If you are looking to purchase a home, your Calgary real estate agent at Hripko, Nelson & Associates will work with you until you find the home you are looking for.

Calgary is still experiencing a positive real estate market. By keeping ahead of the market, you should not have a problem selling your home. If you are planning to buy or sell, contact the team at Hripko, Nelson & Associates today by visiting their website at http://ripco.ca.

 

 

 

Seller Resources – Housing Statistics

Monthly Oct-14 Oct-15 % change Nov-14† Nov-15† % change
Total Sales 2,130 1,424 -33.15% 586 458 -21.84%
New Listings 2,911 2,678 -8.00% 768 858 11.72%
Active Listings 4,643 5,585 20.29% 4,491 5,646 5.72%
Median 430,000 419,000 -2.56% 430,000 408,500 -5.00%
Average Price 487,210 457,507 -6.10% 491,123 460,455 -6.24%
Pending Sales N/A 137 N/A N/A 126 N/A
Days on Market 37 41 10.81% 38 46 21.05%
Benchmark Price 458,400 453,100 -1.16%

† from first day of month to current day.
* only includes properties within city limits

Source: CREB