Welcome to Great Calgary Homes!
Here you'll find resources to assist you with all your real estate needs. Whether you are a first time homebuyer, looking to upgrade (or downsize) your property, or you are an investor wanting to add to your portfolio of properties, Marv & Jennifer can provide you with comprehensive real estate solutions.
Here is an excerpt from a recent CREB® Market Statistics report:
Calgary, May 2, 2011 –According to figures released today by CREB® (Calgary Real Estate Board), City of Calgary year-to-date sales declined by 4 per cent compared to the first four months of 2010. The decline was offset by a 14 per cent drop in listings recorded over the same period, resulting in lower inventory levels, and a moderate growth in average prices.
In April 2011, single family home sales were 1,217, while 2,299 listings came to market, a decline of 10 per cent over April 2010 and 25 per cent, respectively. Inventory levels rose slightly over March 2011 levels, but remained well below inventories recorded in April 2010, and close to the long term average, indicating the market continues to show balanced conditions.
“While our spring market has been a little slow to get started, we are seeing our inventory levels return to healthy levels,” says Sano Stante, president of CREB®. “This trend, combined with an improving job market, will help warm up Calgary’s housing market in the coming months.”
Along with a decline in inventory, Stante points out that homes in the higher-end of the market are selling faster, with average days on market trending down, and below the 5-year average.
“We are seeing improvements in the sale of homes in the higher price points. Homes above $700,000 are selling within an average of 41 days. This is consistent with pre-recession levels,” says Stante.”*
“Having an experienced Realtor working for you whether you are selling or buying is very important in these times. Marv & Jennifer have that experience to advise you on the best practices for selling and stategies to use when buying in this steadily changing market.
The Calgary Real Estate Market has been very strong in recent years and owning a property here has never been better! Due to low interest rates, many first-time buyers are entering the market while others are moving up to their dream homes. This dynamic market benefits both buyers and sellers. Having a large number of properties on the market gives buyers many choices.
If you are considering buying or selling a home, Marv & Jennifer are always willing to meet with you and offer their professional, informative, no pressure style to ensure this exciting time of your life comes with as little stress as possible.
Marv & Jennifer offer complimentary, no obligation property evaluations to give you an accurate estimate of what your home may be worth in today's market. Give them a call to set up an appointment for a personal consultation or complete the on-line submission form and get recent sales figures of similar properties.
Thinking of buying a home soon? This website allows you to search for current listings and receive detailed descriptions and photographs.You can customize your search by area, price or property type.
Thanks for visiting and check back often for updates.
*excerpt from the "CREB Calgary Regional Housing Marketing Statistics"