Brokerage New, Events, and Market Stats

Welcome back to another Calgary Real Estate Market Update where I will be discussing the latest market data and providing my analysis on the statistics from the month of January 2021. And at the end I'll give you my few bits of advice if you are in the market to buy or sell.

First, let’s set the stage for what you've already heard in the last few weeks about our 2021 real estate market:

January 14: Calgary property values pounded by pandemic as city sends out 2021 Assessments (Calgary Herald)

So, what is it? What is the true story?  

 As it’s nearly impossible to find time to filter through all the headlines and have the time to read the various points of view, today let’s focus on the facts.

 Fact #1

January was one heck of a month

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Every month we celebrate the top-performing REALTORS® at Redline Properties. In 2020, Redline Properties celebrated a record-breaking year as a brokerage and 2021 is starting out strong; we have our exceptional agents to thank for that. While we appreciate the work put in by all our agents, these REALTORS® led the pack in January. Congratulations to Diana Wilson, Wendy Easveld, Vicki Gergely, Michelle Topic, Pete Ligori, Brendon Aasla, Cheryl Vansickle, Kim Bailey-Brown, Leigh-Ann Stapleton and Joshua Wall for coming out the gates hot!

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Welcome back to another Calgary Real Estate Market Update where I will be discussing the latest market data and providing my analysis on the stats from the month of December 2020.

As always, I will cover 3 key segments – The Sales Summary, The Inventory Story and The Pricing Picture.I’ll then summarize all the key findings into my advice segment. 

 

THE SALES SUMMARY

Just like the rest of the 2nd half of 2020, sales in December continued at an impressive pace. In fact, this December was our best month in sales since December 2007!

We finished the month with 1,199 total sales in the City of Calgary, which was a whopping 40% increase over December 2019. Wow! It was the most improved month in comparison to last year in all of 2020.

In

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