Calgary Real Estate Market = Price Declines. How Much And For How Long?
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Calgary Detached Home Market Update 🏠📈
Calgary’s detached home market continues to show resilience, with 1,071 home sales this past month—a 10% increase over last year and a gain over last month. In this video, I’ll break down the latest sales, inventory trends, and what’s happening with detached home prices across Calgary.
Key Highlights:
📊 Sales up 10% year-over-year, driven by strong demand for detached homes.
🏠 New listings increased compared to last year but slowed month-over-month, pushing the sales-to-new-listings ratio to 69%.
🏢 Inventory remains stable at 2,199 units, with months of supply hovering around two months.
💰 Detached benchmark price reached $753,900, slightly down from last month but still 8% higher than last October.
🌡️ Price Stability: With more options in higher price ranges, there’s less pressure on prices, though they remain steady due to seasonal factors.
Whether you're looking to buy or sell a detached home in Calgary, understanding these trends can help you make informed decisions in today’s market. Join me as I break down the numbers and offer insights into what’s next for Calgary’s detached home market!
💬 Have questions? Drop them in the comments or reach out directly for personalized advice.
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📚 Video Chapters 📚
00:00 - Is this for the Calgary Real Estate Market? Probably not.
00:53 - Adam Fyfe, Calgary Real Estate Agent
01:25 - The Calgary Real Estate Board explanation/write-up
02:12 - Year to Date overview of the Calgary housing Market
04:17 - Where are all the Real Estate Sales in Calgary?
05:05 - Calgary House Market is seeing a slowdown in price.
06:10 - How fast is the Calgary housing market slowing down?
06:58 - Sales by price point in Calgary Real Estate
08:04 - Months of supply slowing in Calgary?
09:42 - How much is my real estate worth in Calgary?
10:24 - How much are houses in Calgary?
11:30 - Price point breakdown for home prices around Calgary
12:56 - Where is Calgary Headed? Are we going to increase or decrease?
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Contact Adam Fyfe:
🏢 eXp Realty Canada
💻 Email: [email protected]
📱 Phone: 403-561-8747
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