March Market Report 2023

Prices rise as conditions favour the seller

March 3, 2023 - Sales and new listings have improved over the levels reported at the beginning of the year. As a result, the spread between sales and new listings supported some expected monthly inventory level gains. However, the 3,233 available units reflected the lowest March inventory levels since 2006 and left the months of supply just above one month, firmly in the seller’s territory. While conditions are not as tight as last March, low inventory levels leave purchasers with limited choice, once again driving up home prices.

Total unadjusted residential home prices reached $541,800 in March, a two per cent gain over last month and nearly one per cent higher than prices reported last year. While…

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COMING SOON - 10 Masters Place SE

Coming Soon - 10 Masters Place SE

Welcome to 10 Masters Place SE, an immaculate family home originally built by Jayman, offering 3 bedrooms and 2.5 bathrooms in the beloved community of Mahogany.  Get ready to spend your summer by the lake once you call this one home!  Offering 2,637 square feet, you are sure to be impressed by the luxury and elegance found throughout this well designed home.  

Mahogany Lake offers true recreation all year round, including kayaking and paddle boarding in the summer, and skating and ice hockey in the winter. Come and be a part of Calgary’s best lake community in this perfect family home! Close to shopping, restaurants, schools.

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Coming Soon - 887 Seton Circle SE

Coming Soon - 887 Seton Circle SE

Welcome to this stunning Jayman Built home on a rare traditional homesite in the fully developed area of Seton. No construction noise to deal with! This highly upgraded home is less than 2 years old and equipped with all the energy saving features of a brand new home.  Fight the rising costs of utility bills with 12 solar panels, tankless hot water heater, smart thermostat and triple pane windows!  Thinking of an electric vehicle?  The garage is already equipped with the wiring needed to install the charger.  

Fall in love with the gourmet kitchen featuring KitchenAid appliances in this home, including built-in wall oven and microwave/convection oven combination. High ceilings are a theme in the home…

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February Market Report 2023

Lowest February inventory since 2006

March 1, 2023 - Consistent with typical seasonal behavior sales, new listings and inventory levels all trended up compared to last month. However, with 1,740 sales and 2,389 new listings, inventory levels improved only slightly over the last month and remained amongst the lowest February levels seen since 2006.

“While higher lending rates are impacting sales activity as expected, we are seeing a stronger pullback in new listings, keeping supply levels low and supporting some stronger-than-expected monthly price gains,” said CREB® Chief Economist Ann-Marie Lurie. “Prices are still below the May 2022 peak and it is still early in the year. However, if we do not see a shift in supply, we could see further upward…

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Coming Soon 29 Cranford Place

Coming Soon- 29 Cranford Place SE

COMING SOON- Welcome to 29 Cranford Place SE. Enjoy the quiet cul de sac street perfect for a young family. Head into the home to find a private flex room/ office to the front of the home with tons of natural light. The kitchen is perfect for entertaining including an oversized granite island, stainless steel appliances and a corner pantry for extra storage. The spacious greatroom has enough room for a full sectional couch and entertainment system. Make your way to the backyard through the separate mudroom entrance. The yard is nice and private and has no rear neighbours. Upstairs you will find 3 additional bedrooms including the primary suite and ensuite along with 2 secondary bedrooms. This home is a great home for a…

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Reeves Real Estate Report March 2023

March 2023 2023 is off to a great start! In addition to recently receiving eXp Realty's ICON Agent Award, we are so excited to announce that Erin has made the inaugural eXP Realty Top 50 Individuals by volume list in Canada, ranking #22. We couldn’t have done it without our clients, friends, family, and supporters. This is an incredible achievement and we are thrilled to share it with all of you. Thank you eXp Realty and thank you to everyone who has supported Erin. Let’s make 2023 the best year yet! …

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Coming Soon- #504 30 Shawnee Common

Coming Soon- #504 30 Shawnee Common

Welcome to #504 30 Shawnee Common. This immaculate top floor corner unit offers a ton of natural light, a spacious design and all the privacy you need in the well built Fish Creek Exchange Complex. Enter into the separate foyer where you will find 2 generously sized closet for extra storage. Make your way over to the beautiful modern kitchen where you will find an oversized kitchen island, perfect for entertaining. Upgraded appliances, backsplash and ceiling height cabinets. With 1276 sq.ft. you will have plenty of room for your dining table large enough to fit 6 chairs. The greatroom is open and bright with windows on both sides. There is lots of privacy with the bedrooms being located on opposites sides of the…

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eXp Realty Top 50 Agents in Canada 2022

2023 is off to a great start! In addition to recently receiving eXp Realty's ICON Agent Award, we are so excited to announce that Erin has made the inaugural eXp Realty Top 50 Individuals by volume list in Canada, ranking #22. We couldn’t have done it without our clients, friends, family, and supporters. This is an incredible achievement and we are thrilled to share it with all of you. Thank you eXp Realty and thank you to everyone who has supported Erin. Let’s make 2023 the best year yet!

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Coming Soon - 187 Heritage Lake Drive

Welcome to 187 Heritage Lake Drive, a stunning 4 car garage estate home located just steps away from the 28 acre Heritage Pointe Lake. You do not want to miss out on this opportunity to move into a beautifully renovated 5 bedroom luxury walkout home. No features were overlooked, from the new kitchen and appliances, elegant engineered hardwood, modern designer light fixtures and fresh paint throughout. This home includes 3 fireplaces, a full theatre room, a gym, and bar. Don’t forget the stunning outdoors space including the vinyl wrapped deck and covered lower patio all nestled on the spacious 0.42 Acre homesite. Watch for more details to come February 23rd when this home goes live on the market.

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Reeves Real Estate Report February

February 2023 Calgary Monthly Statistics The Calgary Real Estate Board (CREB®) shows the lowest new listing levels since late in the 1990's, seeing the largest decline for lower priced properties. “Higher lending rates are causing many buyers to seek out lower-priced products in our market,” said CREB® Chief Economist Ann-Marie Lurie. “However, the higher rates are likely also preventing some move-up activity in the market impacting supply growth for lower-priced homes. This is causing differing conditions in the housing market based on price range.” CREB® February 1, 2023 …

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