What Is Going On In the Calgary Real Estate Market? Buyer Demand & Seller Supply For Housing.

"How's The Market" is a great question that begins when we look at the entire local Real Estate Market.

• Which direction are homes listed headed?
• Which direction are home sales headed?
• What time of the year is it?
• Are daily average home sales rising or falling?
• What percentage of homes listed for sale last month actually got bought?

Ask the same questions for the three main categories of homes in Calgary. The chart below shows the Total Market, Detached Homes, Attached Homes and Condos data. Each style of home is a market within the market. Each Calgary Community is a market within a market.Calgary is home to over 200 separate communities with unique answers to the same questions above.We slice and dice the home sales data to provide the answers our clients want.

2022 Year End Average Home Prices in Calgary Alberta

After several years of sideways prices for Calgary Homes combined with the 2020 covid-19 dip, home prices shot up. Where do prices go from here? As you can see from the chart below, home prices are unpredictable in Calgary. So many other variables cause prices to move that it will always be a guessing game. Some things are true, though. Location and condition do matter. Buy a house in a good location, keep it in good condition, and protect yourself from the moody market.

If you are planning to Buy, Sell, or Invest in Calgary Real Estate in 2023 - Give Me A Call. You'll be Glad You Did!

Let's Drill Down and See What is Going On In Your Calgary Neighbourhood?

Wouldn't it be great to know whether you are paying too much for your next Calgary home? While we don't have a crystal ball that reveals the future, we do have the past history for every home sold through the MLS® System. Using the Calgary Housing Data, we can take a look back and make reasonable guesses. Every Calgary Community has its own unique history. When you are ready to Buy A Home In Calgary, choose a Realtor® (Jerry Charlton) that can provide you with the Calgary Home Sales Data to help you make great decisions!