Detached Single Family Houses
	3,005 Active Listings
	646 Sold in the Past 30 Days
	$329 Per Square Foot Average Sold Price

	Townhouse and Row Houses
	1,648 Active Listings
	260 Sold in the Past 30 Days
	$288 Per Square Foot Average Sold Price

	Apartments and Condos
	1,303 Active Listings
	159 Sold in the Past 30 Days
	$306 Per Square Foot Average Sold Price

Buyers Market Conditions persist across all property types and communities in the City of Calgary. As an oil price dependent local economy who's number 1 customer has just become the largest oil producer in the world, expect prices and supply to favor home buyers for the foreseeable future.

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2,773 Failed MLS® Listings in the last 3 Months in Calgary

What is a failed MLS® Listing?
A Failed MLS® Listing is a listing that Did Not Sell the first time it was listed on the Calgary Real Estate Boards MLS® System.

Why did these homes not sell in the first 90 days they were MLS® listed?
The #1 reason those homes did not sell is because of the asking price.

Setting the right price is the difference between a Failed MLS® Listing and a Successful MLS® Listing.

How does setting the WRONG price happen?

1. Sellers choose the Wrong Realtor®
2. Sellers fail to have the same research that home buyers and banks have
3. Sellers set a price based on opinions not facts

Choosing the Wrong Realtor is the Number One Reason homes are put on MLS® with a price that sets Sellers up for Failure. “Buying The Listing” is a strategy used by Realtors® just to get the listing. Sellers decide they will list with whoever says the highest price. Unless the highest price is backed up by same research, a home buyer and a home lender have, this is a Failing Strategy that most sellers will regret.

The easiest way to tell if you might have the Wrong Realtor® is if the Realtor® does not provide you with the same detailed research that buyers and banks have.
Choosing the Wrong Realtor® sets you up for Failure!

The days of setting a price OVER MARKET VALUE to see if someone will pay it are long gone and a proven Failing Strategy. It failed in Calgary 2,733 times in the past three months.

Everybody has access to the same real estate market information today. The Banks however also send out their own Home Appraisers and will only offer you a mortgage based on the Bank Appraised Value or Selling Price whichever is LOWER. So, on the off chance, you found someone willing to pay over market value, they would Fail to Get A Mortgage at the inflated value.

Avoiding MLS® Failure starts with setting the price properly with the help of the Right Realtor®.

Getting your home sold involves much more than the Right Price and the Right Realtor will help you to make the Right Choices all throughout the MLS® Success Process.

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	Detached Homes
	49 Active Listings
	50 Sold in the Past 90 Days
	$268 Per Square Foot Average Sold Price

	Attached Homes
	30 Active Listings
	28 Sold in the Past 90 Days
	$224 Per Square Foot Average Sold Price

	Apartment Homes
	52 Active Listings
	30 Sold in the Past 90 Days
	$212 Per Square Foot Average Sold Price

Foreclosure Supply is controlled by the banks and mortgage companies. It is against the best interests of the banks and mortgage companies to increase the supply beyond the demand. If lenders flooded the market and drove down prices that action would damage the value of the mortgages they still hold on similar properties. It would take a major financial market meltdown before Canadian Banks and Canadian Mortgage Companies became forced sellers of real estate. A rare event, but never say never....