Calgary Real Estate News and Information

Read up on Dan Welyk's perspective of the Calgary Real Estate Market
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Calgary Real Estate News and Information

Dan Welyk, Real Estate Professional and Marianne LePan, Mortgage Specialist provide their insights to current market trends and information. Keep up to date with Stats, Rates and News!

Calgary Real Estate Board September 2009 Statistics

SnapShot of Calgary's September 2009 Market
Single Family Home (Calgary Metro)  
Month End Inventory 3148
New Listings Added 1857
Sales 1257
Average Days on Market (sold) 40
   
Average Selling Price (Median) $399,900
List to Sell Ratio 67.7 %
   
Condo/Townhome (Calgary Metro)  
Month End Inventory 1515
New Listings Added 940
Sales 580
Average Days on Market (sold) 43
   
Average Selling Price (Median) $265,000
List to Sell Ratio 61.7%
   
Our market is continuing to show signs of stability into the fall - the market has slowed slightly, however prices continue to creep upwards slightly.  We can expect our sales to dip a small amount over the next couple months as the November, December and January markets are typically a little slower.  Don't use that as an excuse not to list your home - serious buyers are out there all the time and if your home is priced right - it will sell, even over a holiday!
Published Monday, October 19, 2009 1:55 PM by Dan Welyk

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