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21% sell for list price or higher
Buyers are bidding up the prices of single family homes in Calgary. Yesterday, with 72 total sales, 15 sold for list price or higher, with 11 actually going OVER list. Homes in the following...
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Tear-down sells for $905,000
A home in Scarboro slated for demolition sold yesterday for $55,000 OVER list price. It was listed at $850,000 and was only on the market for two days. Over list price Over the past two days, 23 homes...
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Bidding wars update
June hasn’t shown any changes in the bidding wars happening in Calgary’s real estate market. So far this month, 13% of all single family homes have sold for list price or higher. How much did someone...
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Market update Feb 1 – 15, 2013
Over the past two days, 20% of the sales have been for list price or higher. 31% of the homes listed in the past 30 days already are sold or conditionally sold. Concern: First-time buyers are down 8%...
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Bidding wars update
Bidding wars have returned to Calgary with a vengeance. Over the past three days, 21% of the homes sold in Calgary went for list price or higher. A couple examples: An original Westgate bungalow which...
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Market Update Mar 1 – 21, 2013
The March median price will break all previous records. It’s surprising to see that sales are up considering the inventory shortage. 20% of homes sold in the past 2 days went for list price or higher....
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Market update Apr 1 – 14, 2013
Sellers are finally starting to list their homes, but inventory remains low because the buyers are snapping them up. Bidding wars update: Over the past 3 days, 17% of homes sold for list price or...
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Market update Apr 1 – 19, 2013
Despite more new listings, inventory continues to drop because of the increased sales. The demand for homes in Calgary is resulting in numerous bidding wars. Yesterday, 25% of all sales were for list...
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Sellers have the upper hand in Calgary
Over the past four days, 14% of sales have been for list price or higher. For a healthy market, that’s still higher than I’d like to see it. A 1990 sq ft 2-storey home in Citadel which was listed for...
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