Jerry Charlton and Associates - Calgary Residential Real Estate

Calgary Foreclosure Sales Report - Feb 2019


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.... 

Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.