Found 14 blog entries tagged as homes.

March reflects strong seller's market and price increases

Detached

Detached home sales rose in March but were likely limited by the level of new listings coming onto the market. New listings in March were 1,386 units, compared to the 1,151 sales, causing the sales-to-new listings ratio to rise to 83 per cent. Inventories also remained relatively stable compared to last month but were 24 per cent lower than last year’s levels and nearly 60 per cent lower than long-term trends for March. Inventory levels dropped across all price ranges, but the most significant fall was in the lower price point. Overall, 71 per cent of the available inventory in March was priced above $700,000.
 
Low inventories compared to sales caused the months of supply to drop…

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Increased listings, strong sales, and price growth

Detached

Limited supply choice for homes priced below $700,000 has been the primary cause of the decline in detached home sales. While November reported a marginal gain over last year, year-to-date sales have declined by 20 per cent. November saw a rise in new listings compared to the previous year, but higher-priced homes drove most gains. This has left the detached market with exceptionally tight conditions for prices below $700,000 and more balanced conditions for higher-priced homes. Overall, the month of supply remains exceptionally low at under two months.

Persistently tight conditions continue to cause further price gains in the detached market. As of November, the unadjusted benchmark…

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COMING SOON - 7 Everoak Green SW

Indulge in the splendor of this beautiful 3-bedroom, 2.5-bathroom home nestled in the vibrant community of Evergreen. The open floorplan welcomes you with a spacious kitchen and pantry, creating a perfect setting for culinary delights. The home is enhanced by air conditioning, and the gas fireplace in the living room provides a cozy retreat for relaxation and entertaining. The main floor also offers a separate den that can serve as a spacious home office or study area. Ascending the stairs reveals three generously sized bedrooms, with the primary bedroom offering a walk-in closet and a luxurious 4-piece ensuite. The ensuite features a separate shower and a large bathtub, creating a spa-like atmosphere…

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Price gains continue in Calgary's real estate market as inventory remains low

Detached

Both sales and new listings improved over levels reported last October. However, with 1,302 new listings this month and 976 sales, inventory levels slowed over the last month. Inventory levels remain the lowest ever reported for October. Inventory levels have declined for all homes priced below $700,000, leaving conditions exceptionally tight for lower-priced homes. The only area where conditions are not as tight as last year is for homes priced above $1,00,000, where the months-of-supply has risen to 4.3 months.
 
Persistently tight conditions continue to cause further price gains in the detached market. As of October, the unadjusted benchmark price reached…

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Coming Soon - 554 Marine Drive SE

Embrace the pinnacle of lakeside luxury living with this exceptional Calbridge Lottery Home Inspired 1-year-old home nestled along the tranquil shores of Mahogany Lake. Including over 5000 sq.ft of meticulously designed living space and a generous 54 feet of pristine lakefront, complete with your very own private dock, this residence promises an unparalleled lifestyle that dreams are made of. Step inside this architectural masterpiece, where no detail has been spared. The kitchen is a symphony of modernity and elegance, adorned with top-of-the-line Miele appliances, breathtaking 3” quartz countertops, quartz backsplash, and custom floor-to-ceiling wine feature and the built-in Coffee Machine. Entertain…

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Calgary home sales at record highs in September, yet supply remains a challenge

Detached

Inventory levels remained at record lows for the month as the sales-to-new listings ratio remained relatively high at 76 per cent. The decline in inventory levels has been driven by homes priced below $700,000, as supply levels show some improvement for homes priced above this level. While detached sales improved over levels reported last year, much of the gains were driven by the higher-priced properties with some supply options. Overall, homes priced below $700,000 continue to struggle with less than one month of supply.
 
Despite persistently tight market conditions, the unadjusted benchmark price remained relatively stable this month compared to last…

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August sees record-high sales amidst historic low inventory, pushing prices higher.

 

Detached

Record low inventory levels this month were primarily driven by pullbacks for homes priced under $700,000. While new listings did improve compared to last year, most of the growth was driven by homes priced over $700,000. August sales did improve over last year’s levels. However, limited supply in the lower price ranges has likely prevented stronger detached home sales.

Persistently tight conditions drove further price gains this month. As of August, the unadjusted benchmark price reached $696,700. Nearly one per cent higher than last month and over 10 per cent higher than last year's levels. The highest year-over-year price gains occurred in the most…

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Coming Soon - 12 Cranbrook Lane SE


Welcome to your dream home, nestled in the highly sought-after community of Riverstone in Cranston! A rare opportunity to own a former Show Home that will include all of the amazing upgrades and special features a show home showcases. This stunning 4 bedroom, 3.5 bathroom property offers luxury living with an open floor plan that seamlessly connects the kitchen, dining room, and living room. The centerpiece of this home is undoubtedly the gourmet kitchen, complete with high-end appliances, ceiling height cabinets, beautiful floating shelves and a large walk-through pantry. The main floor includes custom hardwood floors throughout adding to the overall elegance of the home. As you enter the home from…

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Calgary home prices reach new heights: July sees seventh consecutive monthly gain

Detached

With 1,197 sales and 1,587 new listings in July, inventory levels trended up over last month. However, with 1,720 units available, inventory levels are at the lowest ever reported for July. Inventory levels have declined across all properties priced below $1,000,000.
 
Shifts in sales and inventory have caused the months of supply to trend up over the one month reported over the past several months. However, conditions remain relatively tight, and prices continued to rise this month. In July, the unadjusted benchmark price rose to $690,500, a monthly gain of nearly one per cent and over seven per cent higher than last July. Both year-over-year and monthly…

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Another record-high month for Calgary

Detached

A monthly gain in new listings supported a monthly increase in inventory levels. However, with only 1,651 units available in June, levels hit a new record low for the month. Inventories declined across most price ranges, but the steepest declines occurred in homes priced below $600,000. Of all the inventory in June, only 24 per cent was priced below $600,000, a significant drop from last year, where that market segment represented 45 per cent of the supply.
 
Limited inventory, especially in the lower price ranges, ensured that the market continued to favour the seller, driving further gains in home prices. As of June, the benchmark price reached $685,100, an unadjusted monthly gain of nearly two per…

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