Weekly Market Update for: January 03, 2022
Happy New Year!
Here is the market summary fir the week of December 27 to January 03
Sales:
Sales for the week of December 27 to January 02 came in at 240 that is up 61% from the same period last year.
Inventory:
Last week saw 155 new listings come on the market, 23% less than the 200 last year. Overall inventory dropped to 2592 homes on the market, down 44 % to 2021 and 44% down to 2020.
If you are thinking of selling or have plans to sell this year, engage a real estate professional early in the process. They can work with you to help you prepare your home for selling success.
All the best in 2022!!
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Weekly Market Update: December 6, 2021
Sales: Last week sales came in at 488, that is up 50% from the 325 last year. We finished November with just over 2100 sales here in Calgary, continuing in our trend of strong sales months in 2021. This is close to the totals we saw in the summer and fall which means we aren’t seeing the seasonality we normally see at this time of year. For the first 5-days of December, sales in 2021 are up 40% to 2020 and 108% to 2019.
Inventory: Last week saw 383 new listings come on the market, 1.5% more than the 377 last year. Overall inventory dropped to 3774 homes on the market, down 23% to 2020 and 36% down to 2019.
Days On Market: The sales so far in December have averaged 47days on the market to sell, this 11% quicker from 2020 and 23% quicker from 2019
Weekly Market Update: November 29, 2021
Weekly Market Update for: November 29, 2021
Sales: Last week sales came in at 477, that is up 51% from the 316 last year. We are on target for another 2000+ sales month here in Calgary, continuing in our trend of strong sales months in 2021. As a frame of reference this time in 2020 November had around 1400 sales and in 2019 we were around 1100.
Inventory: Last week saw 420 new listings come on the market, 11% more than the 377 last year. Overall inventory dropped to 4185 homes on the market, down 21% to 2020 and 33% down to 2019.
Days On Market: The sales so far in November have averaged 46 days on the market to sell, this is down 16% from the 55 it was taking last year and the 64 days in 2019.
Calgary Real Estate Market Update - November 2021
We’re breaking records like Usain Bolt & Michael Phelps!
In this report I’ll be summarizing the key real estate stats from October 2021, but also looking at some details that are almost always overlooked.
THE SALES SUMMARY
Like a fine wine, it seems like our real estate market is getting better with age. September was the 2nd best September of all time, and now October has one upped it. We just recorded the best October on record! 2,189 sales for the month! That’s a major “wowie” for this time of the year. What this means is that we continue to push 2021 towards one of the best-selling years in our entire history. So, when you ask “How’s the market”... it’s a pretty simple answer. It’s as good as it gets. Here is the Calgary Real Estate Board…