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Calgary Real Estate Market: A Decade of Dynamic Trends

Calgary's real estate market has been anything but boring over the past decade! Here are some key takeaways from the latest charts on home sales:


1️⃣ Market Peaks & Valleys

After years of steady activity, 2021 and 2022 saw a massive surge in home sales, driven by low interest rates and heightened demand. However, 2023 and 2024 are showing signs of stabilization as the market cools off from these unprecedented highs.


2️⃣ Seasonal Trends

Like clockwork, Calgary’s market heats up in the spring and summer months (April to July), while winter (December to January) tends to see slower activity. This seasonality is key for both buyers and sellers when deciding the best time to make their move.


3️⃣ Sales vs. Housing Stock

The proportion of home sales to housing stock hit its peak during the boom years of 2021 and 2022, showcasing the intensity of market demand. Now, we’re seeing a return to more balanced conditions, offering opportunities for those ready to jump into the market.


What This Means for Calgary Home Buyers, Sellers, and Investors

For Home Buyers

Now is a great time to shop smarter. With the market stabilizing, there’s less urgency to compete in a frenzy, allowing buyers to evaluate their options more carefully. Seasonal trends still matter—shopping in the winter may offer fewer choices but more negotiating power.

For Home Sellers

While the frenzy of 2021 and 2022 has subsided, well-priced homes in good condition still attract plenty of attention. Listing in the spring or summer can help maximize exposure. Sellers should work closely with their Realtors to price strategically and take advantage of seasonal demand.

For Real Estate Investors

The cooling market offers a unique opportunity to build your portfolio. Stabilizing prices mean less competition and the chance to secure long-term investments. With Calgary’s steady population growth and diverse economy, rental properties remain a solid option for generating passive income. Timing is everything—investors should capitalize on lower winter activity or target properties priced competitively.


Understanding these trends is key to making informed decisions, whether you're buying, selling, or investing. Calgary's real estate market remains full of opportunities for those who plan strategically.

Have questions about how these trends might impact your next move? Let’s connect and discuss your goals!


Stay informed and ahead of the market with insights like these. Ready to dive in? Reach out today!


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Gaining an Edge in Calgary’s Detached Homes Market

The Calgary real estate market is competitive, dynamic, and ever-changing. For buyers and sellers, understanding the market through detailed data analysis isn't just a luxury—it's a necessity to gain an edge. Here’s how leveraging this information can put you ahead.


For Buyers: Winning in a Competitive Market

Targeting the Right Price Range:

Knowing which price ranges are the most active (e.g., $500K–$600K with 227 active listings and 164 sales) allows buyers to narrow their focus. If you’re buying in a highly active range, you’ll need to act decisively and come prepared with strong offers.

Conversely, targeting less active price ranges, such as homes over $1.5M, might give buyers more negotiating power due to lower demand.

Timing Your Offers:

Pending sales data reveals where the action is heating up. For example, the $600K–$700K range has 77 pending listings, suggesting strong buyer interest. Being proactive in such segments ensures you don’t miss out.

Strengthening Your Position:

Entering a hot price range like $300K–$400K (100% sales-to-listings ratio) means preparing for competitive bidding. Buyers can secure pre-approvals, limit conditions, and offer flexible terms to stand out.

Avoiding Overpaying:

Knowing sales percentages helps buyers avoid getting swept up in the frenzy. In the $800K–$900K range, where sales are just under 50%, buyers can negotiate more confidently, knowing sellers may be willing to consider concessions.

Confidence in Decision-Making:

Having a clear view of market activity empowers buyers to make informed choices, removing uncertainty and increasing satisfaction with their purchase.


For Sellers: Maximizing Value and Selling Fast

Pricing Strategy with Precision:

Sellers gain an advantage by pricing their homes according to the market. For example, pricing just below a competitive threshold like $600K can draw attention in the highly active $500K–$600K range, increasing the chances of a quick sale.

Timing Your Listing:

If your home falls in a price range with strong pending activity (e.g., $500K–$600K and $600K–$700K), you know it’s the right time to list. Entering the market during high activity increases the likelihood of multiple offers.

Positioning for Competitive Advantage:

Understanding buyer behavior in your price range helps you make your home stand out. For example, in high-demand segments, enhanced staging, professional photography, or minor upgrades can make a significant impact.

Avoiding Price Reductions:

By listing at the right price and leveraging strong market demand, sellers in hot price ranges can avoid costly and time-consuming price reductions, ultimately maximizing their return.

Understanding Buyer Sentiment:

Pending listings provide insight into buyer confidence. In active ranges, this indicates buyers are motivated, creating an opportunity for sellers to maintain stronger negotiating positions.


How Both Buyers and Sellers Gain an Edge

Negotiation Power:

Buyers can use sales activity and pending trends to justify their offers, while sellers can use the same data to defend their asking price.

Market Expertise:

Knowledge of market dynamics enhances your ability to anticipate how others might act, putting you a step ahead in negotiations.

Informed Planning:

Whether you’re upgrading, downsizing, or investing, understanding Calgary’s detached home market trends allows for better long-term decision-making.

Professional Support:

Leveraging this information with the help of a Realtor ensures that you can act quickly and decisively, avoiding common pitfalls while capitalizing on opportunities.


Why It Matters Now

The Calgary real estate market is not static—it shifts based on buyer behavior, seasonal trends, and economic conditions. With this market snapshot, buyers and sellers gain a clear view of the current landscape. This isn't just data; it's a tool for strategic action, helping you make moves with confidence and clarity.

By leveraging these insights, you’re not just participating in the Calgary market—you’re excelling in it.

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Exploring Calgary's Real Estate Market: Average Daily Sales by Month & Property Type Over the Past 5 Years

Thinking about moving to Canada, and particularly Calgary? You’re not alone! Calgary has become a top destination for individuals and families looking for a unique balance of urban amenities and natural beauty. Whether you're relocating for work, education, or simply seeking a new lifestyle, understanding Calgary's housing market can be a significant factor in making your decision. Let’s dive into a detailed look at Calgary’s real estate trends with insights into the average daily sales over the past five years.

In this post, we’ll break down the information from the two insightful charts above, each presenting a perspective on Calgary’s real estate landscape by examining average daily sales of various property types. This analysis will help you understand the rhythm of Calgary’s housing market, what kinds of homes people are buying, and when activity tends to peak and dip throughout the year.

Chart Analysis: Average Daily Sales by Property Type

The first chart focuses on average daily sales for each property type—Detached, Apartment, Row/Townhouse, and Semi-Detached (Half Duplex). Here’s a month-by-month breakdown of each type:

1. January to March - A Steady Start to the Year

The year starts off steady in January, with detached homes dominating sales (around 30 daily on average) and moderate sales across other types. By February, the market gains momentum, particularly for detached homes (49) and apartments (16), signaling the beginning of the spring market buildup. March sees an even higher increase in daily sales across all property types, with detached homes hitting an average of 58 sales per day.

2. April to June - The Market Heats Up

April through June is Calgary’s prime real estate season. Detached homes consistently lead in sales (56 to 58 per day), but there's a significant boost across all property types. For instance, apartment sales rise to about 20 daily in May, while row/townhouses and semi-detached properties also see increases, likely reflecting higher demand from first-time buyers or those seeking more affordable options than single-family detached homes. This spring surge aligns with warmer weather, making it easier for buyers to move and sellers to showcase properties.

3. July to September - Sustained Activity with a Slow Descent

Although the market remains strong in the summer months, July marks the beginning of a slight dip. Detached homes still lead (with about 48 daily sales), while apartments, row/townhouses, and semi-detached homes also retain steady interest. August and September continue this trend, with a gentle decline in sales numbers across all property types. The market typically cools slightly as summer vacations wind down and families prepare for the back-to-school season.

4. October to December - The Year Winds Down

The final quarter of the year shows a gradual decrease in daily sales, with detached homes averaging around 30 daily sales by November. Other property types, such as apartments and semi-detached homes, see a similar decline. By December, average daily sales are at their lowest for the year, reflecting the market’s seasonal nature as people focus on holidays rather than moving. However, this can also be a strategic time for motivated buyers and sellers to find deals with potentially less competition.

Chart Analysis: Total Average Daily Sales by Month

The second chart provides a broader view, showing the total average daily sales across all property types each month.

Spring Peaks: The data reinforces that Calgary’s market peaks between March and June, with average daily sales reaching their highest point in May (105 daily sales). For those considering a move, this is when the market is most competitive, with many buyers and sellers actively participating.

Summer and Fall Decline: July marks the start of a gradual decrease in activity, dropping from 87 daily sales in July to 76 by October. This cooling phase may be attractive for buyers looking for less competition, though inventory may also reduce.

Winter Slowdown: November and December show the lowest sales volumes, averaging just 53 and 49 daily sales, respectively. Winter can be a quieter time in the Calgary real estate market, possibly leading to better opportunities for buyers who want to avoid bidding wars.

Key Takeaways for Prospective Calgary Residents

Timing Your Move: If you’re moving to Calgary with the intent to purchase property, consider timing your search according to market trends. Spring and early summer are bustling, with high availability and a diverse range of homes on offer. However, if you’re looking to avoid peak competition, late fall and winter could offer a quieter market with less pressure.

Choosing Your Property Type: Detached homes consistently lead the market in popularity, which aligns with Calgary’s appeal as a family-friendly city with abundant space. However, there’s a consistent interest in apartments, row/townhouses, and semi-detached homes, appealing to a wide demographic of buyers from single professionals to young families and downsizers. Apartments are especially popular during peak months, likely driven by affordability and location in the city's core.

Understanding Market Fluctuations: Calgary’s market is seasonal, which is essential for any prospective buyer or seller to understand. If you’re planning to sell, listing in the spring could yield more interest and potentially a quicker sale. Buyers should be aware that while spring offers more options, it also brings increased competition.

Real Estate as an Investment: For investors, Calgary’s consistent activity across all property types suggests a stable market with opportunities in various sectors. Detached homes, while pricier, are in continuous demand, while apartments and townhouses offer more accessible entry points with reliable turnover.

Calgary’s housing market reflects the city’s vibrant lifestyle and seasonal rhythm. This detailed look at average daily sales across property types and months over the past five years offers valuable insights for those considering a move. Whether you’re drawn to Calgary for its job opportunities, educational institutions, or stunning natural surroundings, the real estate market offers something for everyone. From bustling spring sales to the quieter winter months, each season brings unique advantages depending on your goals.

If you’re planning a move to Calgary, understanding these market dynamics will empower you to make informed decisions, whether you’re buying, selling, or investing. Embrace the timing that works best for you and dive into Calgary’s real estate landscape with confidence—your new life in Canada awaits!

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Calgary Foreclosure Report: November 1, 2024 – Insights, Trends, and Opportunities

Foreclosures For Sale Today: View all listings here

Calgary’s foreclosure market is heating up! If you're an investor or a potential buyer looking for a deal, the latest Calgary Foreclosure Report reveals crucial insights that can help you make the right move in this dynamic real estate landscape.

With 41 active foreclosure listings and 55 sold in the last six months, foreclosures remain an active and competitive part of Calgary’s real estate market. Understanding the latest trends and how banks, courts, and other institutions approach these sales can give you a competitive edge.

Imagine purchasing a property below market value in one of Canada’s fastest-growing cities. However, buying foreclosures involves knowing the right sellers, current market prices, and, most importantly, the mindset of banks and the courts.

Ready to dive in? Let’s break down the data from the latest Calgary Foreclosure Report and see where the best opportunities lie.

Calgary Foreclosure Insights – November 1, 2024

  • Market Overview
    • 41 Active Listings: Available now for potential buyers and investors.
    • 55 Sold Listings: Sales within the last six months reveal a robust demand for foreclosed properties.
    • Average Sold Price to List Price: Properties sold for an average of 102% of the listing price, signaling strong competition.
  • Key Players in the Foreclosure Market
    • The Courts of Alberta dominate with 32 active listings and 35 sales, averaging 106% of the list price – showing that judicial sales are highly sought after, likely due to transparency in the process.
    • CIBC properties have achieved 101% of the list price on average, indicating competitive bidding.
    • CMHC recorded only one sale but at an impressive 118% of list price, suggesting significant buyer interest when such properties become available.
  • Insights on Market Dynamics

    In today’s Calgary market, foreclosures aren’t necessarily “cheap deals.” Many properties, especially in a high-demand environment, sell at or above list price. With home values rising, even foreclosure properties carry substantial equity, giving banks and courts an incentive to protect this value.

Why Foreclosures Might Not Be the “Steals” You Expect

Many buyers assume that foreclosed properties are guaranteed bargains. However, in Calgary’s competitive market, properties can go above listing price, often because sellers, like banks and courts, prioritize maximizing returns.

Missing out on a property because it went over budget can be frustrating, especially when you’re expecting to find a “deal.” With 102% of list price being the norm, many buyers get caught off guard.

Staying informed and partnering with an expert can make all the difference. Our team at CalgaryForeclosureFinder.com offers insights on the best foreclosure opportunities and provides guidance on how to navigate the bidding process effectively.

The Opportunity in Calgary’s Foreclosure Market

For savvy buyers and investors, Calgary foreclosures present a unique opportunity to tap into a high-equity, competitive segment of the market. Here’s why:

  • Increased Home Equity: Many foreclosed properties hold equity due to Calgary’s rising home values, meaning less risk for buyers.
  • Institutional Sellers: Banks and courts often follow a structured sale process, allowing for more transparency.
  • Strong Demand: The 102% list-to-sale price average reflects strong demand – a sign that foreclosure buyers are willing to invest above list price for the right property.

FAQs on Buying Foreclosures in Calgary

Q: What is the average price to list ratio for Calgary foreclosures?
A: The latest data shows that Calgary foreclosures are selling at an average of 102% of the listing price, indicating high demand.

Q: Who manages most foreclosure sales in Calgary?
A: The Courts of Alberta handle the majority, with 32 active and 35 sold listings, making judicial sales the most common type in Calgary’s foreclosure market.

Q: Are foreclosures in Calgary always a bargain?
A: Not necessarily. Many foreclosure listings receive competitive offers, often selling at or above list price, as sellers look to protect property equity.

Q: Why are court-managed foreclosures so popular?
A: Court sales offer transparency, often appealing to buyers who seek a clear, structured buying process.

Q: How can I find the best foreclosure deals in Calgary?
A: Visit CalgaryForeclosureFinder.com for up-to-date listings and insights on the Calgary foreclosure market.

Q: Can I negotiate on foreclosure listings?
A: It depends on the listing and seller type. Judicial sales may have limited room for negotiation, while bank-owned properties might be more flexible.

Ready to Explore Calgary Foreclosures?

Foreclosures offer a mix of opportunities and challenges. With Calgary’s market trends showing strong demand, it’s essential to have the right data and guidance. At CalgaryForeclosureFinder.com, we’re here to help you navigate this unique market, so you can secure the best possible property for your investment goals.

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How to Calculate Your Break-Even Purchase Price for Rental Properties

Investing in single-family rental properties begins with knowing your break-even point. At its core, this calculation helps determine the maximum purchase price a rental property can support based on its rent income.

Step 1: Calculate Net Rent

Start by subtracting property taxes and insurance costs from your total monthly rent income. This net rent is what’s left to cover your mortgage payment.

Step 2: Determine Your Break-Even Price

Using the net rent, estimate the mortgage it could support at current interest rates with a standard 20% down payment. This approach gives you a break-even purchase price—an essential figure for cash flow analysis.

Explore Your Options with the Canadian Break Even Rent Income Calculator

Our calculator simplifies these steps, allowing investors to enter their expected rental income, property tax, insurance, and loan details. Get an instant estimate of your property’s break-even price and start making data-driven decisions in Calgary’s rental market.

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Calgary's Single-Family Home Market: A Tale of Two Forces

October 24, 2024

The latest market snapshot of Calgary's detached home segment reveals an intriguing battle between buyers and sellers, with some clear patterns emerging across different price points.

Supply Overview:

Currently, Calgary has 1,978 active listings of single-family homes, with an additional 356 properties under contract. The sweet spot for inventory lies in the $600K-$800K range, where we see the highest concentration of listings (425 homes in the $700K-$800K bracket alone).

Demand Signals:

The past 30 days have seen 999 sales, representing a robust 50.51% sales-to-listing ratio. This means roughly half of the available inventory is turning over monthly – a remarkably healthy absorption rate.

Price Point Analysis:

  • The entry-level market ($400K-$500K) is showing extraordinary strength with a 134.29% sales-to-listing ratio, indicating more homes sold than were listed

  • Mid-range homes ($500K-$700K) maintain strong performance with 70-80% sales ratios

  • Luxury segment (Over $1.5M) shows more balanced conditions with a 22.64% sales ratio

Who's Winning the Battle?

Currently, sellers have the upper hand, particularly in the entry-level market under $500K. This is evidenced by:

  • Strong sales ratios across most price points

  • High number of pending sales (356 properties under contract)

  • Particularly competitive conditions in the sub-$500K segment

However, buyers maintain some leverage in the luxury market above $1M, where sales ratios drop below 35%, suggesting more room for negotiation.

Market Insights:

The most active price range for both listings and sales is $600K-$700K, with 395 active listings and 279 sales in the past month. This price point appears to be Calgary's "sweet spot" where both buyers and sellers are finding common ground.

Looking Forward:

With 356 pending sales subject to conditions like financing and home inspections, the market maintains strong momentum. The overall 50.51% sales ratio suggests a balanced but slightly seller-favoring market, particularly in the mid-range segments where most activity occurs.

For buyers, the best opportunities might lie in the luxury segment, while sellers in the entry to mid-range market continue to hold the stronger negotiating position.

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The Growing Value Gap in Acadia: How Time and Renovations are Reshaping a Calgary Community

In the heart of Calgary's southeast lies Acadia, a neighborhood that tells a fascinating story of home value evolution over the past three decades. A recent analysis of home sales data from 1990 to 2023 reveals not just rising prices, but an increasingly dramatic spread between the highest and lowest-valued properties in this established community.

The Early Years: 1990-2000

Looking back to the early 1990s, Acadia's housing market showed remarkable consistency. Most bungalows – the signature home style of this neighborhood – sold within a relatively narrow price band of $100,000 to $150,000. This uniformity made sense; the homes were still relatively new, built in the 1960s, and most maintained their original features and layouts.

The Transformation Begins: 2000-2010

As we moved into the new millennium, something interesting began to happen. The data shows a steady increase in average prices, but more notably, we begin to see the first signs of price divergence. Some homes were still selling in the $200,000 range, while others began pushing toward $300,000. This period marked the beginning of the renovation era in Acadia.

The Modern Era: 2010-2023

The most dramatic story emerges in the past decade. The scatter plot reveals an increasingly wide spread between sale prices, with some homes now selling for over $800,000 while others remain in the $400,000 range. This growing gap tells a tale of two Acadias:

  1. The Original Classics: Some homes maintain their original character, with perhaps modest updates to essential systems and finishes. These properties typically occupy the lower portion of the price range.

  2. The Transformed Treasures: At the upper end, we find extensively renovated or completely rebuilt homes. These properties often feature:

    • Modern open-concept layouts

    • High-end finishes

    • Added square footage through developed basements

    • Luxury updates to kitchens and bathrooms

    • Enhanced energy efficiency

Why This Matters

This growing value spread is more than just numbers on a chart – it represents the natural evolution of an established neighborhood. As homes age, they reach critical decision points where owners must choose between basic maintenance and transformative renovation. These individual choices, multiplied across hundreds of properties, create the dramatic variance we see in today's market.

Looking Forward

The trend suggests this value gap will likely continue to widen. As more homeowners invest in significant upgrades, while others maintain their properties' original character, Acadia will likely become even more diverse in its housing stock and price points. This diversity can be seen as a strength, offering options for various budgets while maintaining the community's fundamental appeal.

For potential buyers and investors, this pattern presents both opportunities and considerations. The wide price range means there's something for everyone – from first-time buyers looking for an original bungalow to luxury home seekers interested in fully modernized properties.

Whether you're looking at Acadia for its investment potential or as your future home, understanding this price divergence helps paint a clearer picture of what drives value in this evolving community. The original Acadia bungalow may be turning 60, but its story – and its potential – continues to evolve.

Acadia Homes For Sale Today

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Calgary Real Estate Market Update: October 16, 2024 – Active Listings and Sales Insights 🏡📊

The Calgary real estate market continues to provide opportunities for both buyers and sellers. In this October 2024 update, we take a deep dive into the latest statistics for active listings and recent sales across various property types and price ranges. Whether you're a homebuyer or an investor, these insights will help you make informed decisions in today’s market.

Current Active Listings in Calgary – October 16, 2024

As of today, there are a total of 4,430 active listings in Calgary, broken down into four primary categories:

  • Houses: 1,964 active listings

  • Townhouses: 660 active listings

  • Condos/Apartments: 1,481 active listings

  • Half Duplexes: 325 active listings

Key Observations:

  • The $300K-$400K price range has the highest number of active condo/apartment listings with 612 properties.

  • Single-family homes in the $500K-$600K range have 221 active listings, making it a competitive range for buyers.

  • If you’re in the market for a half duplex, there are 54 listings in the $500K-$600K range, offering a solid selection.

Calgary Home Sales in the Last 30 Days

In the last 30 days, a total of 2,090 properties were sold in Calgary, including houses, townhouses, condos, and half duplexes.

  • Houses: 1,017 sold

  • Townhouses: 372 sold

  • Condos/Apartments: 510 sold

  • Half Duplexes: 191 sold

Noteworthy Trends:

  • Houses in the $600K-$700K price range saw the most activity with 276 homes sold.

  • Townhouses in the $400K-$500K price range were also in demand, with 141 sales.

  • Condos/Apartments in the $300K-$400K range are still popular among buyers, with 206 units sold.

Months of Supply: What It Means for Buyers and Sellers

The months of supply metric is crucial for understanding the current state of the market. It represents how long it would take to sell all the active listings at the current sales pace, providing insights into whether it's a buyer's market or a seller's market.

  • Houses: 1.93 months of supply – A balanced but slightly seller-favorable market.

  • Townhouses: 1.77 months of supply – Strong competition for buyers.

  • Condos/Apartments: 2.90 months of supply – A clear buyer’s market with a wide selection of listings.

  • Half Duplexes: 1.70 months of supply – A stable market with healthy activity.

What This Means for You

With overall months of supply at 2.12, Calgary is still in a seller’s market, particularly for single-family homes and townhouses. However, if you're a condo buyer, now might be the perfect time to explore the options, as there are plenty of active listings and more leverage in negotiations.

For Sellers:

If you're considering selling your home, now is a great time to enter the market, especially if you own a house or townhouse. With inventory remaining tight in certain price ranges, you can position your property to attract motivated buyers.

For Buyers:

For buyers, particularly those looking for condos or apartments, the market is offering more choices and less competition. If you’re aiming to purchase a home or investment property, consider acting sooner rather than later before the inventory shifts again.

Acting on Calgary’s Real Estate Trends

The Calgary real estate market is always evolving, and understanding current trends can help you make the best decisions, whether you're buying or selling. With 2.12 months of supply, opportunities still exist, and the market dynamics vary across property types.

If you’re ready to buy or sell in Calgary or just want more personalized advice, feel free to contact me. Let’s make your real estate journey a success!

Contact Jerry Charlton Today!

📞 Call: 403-831-0842

💻 Visit: https://JerryCharlton.com

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The Calgary Home Rental Market Has Flipped — And Landlords Are Feeling the Pain

The Calgary residential rental market has taken a sudden, dramatic turn recently, leaving many landlords in a precarious position. In their rush to capitalize on the housing crunch, rental property owners flooded the market with new listings in new buildings, pushing supply to unprecedented levels. What was once a market favoring landlords has now swung in favor of tenants — and the consequences are clear for everyone to see.

A Market Overflowing with Supply

A quick look at any Calgary rental website shows the current reality: incentives that haven’t been seen in years are back, as landlords scramble to fill vacant units. These incentives are a clear sign of desperation, with property owners eager to start generating cash flow on properties they may have over-leveraged. Many of these newly built rental units were financed based on overly optimistic projections of rent and demand, driven by rapid construction and incorrect market analysis. Lenders were eager to fund these projects, seeing a thriving rental market ahead. But now, those rosy predictions have hit a wall.

Consequences for Landlords

For larger, experienced companies, these shifts might be just a bump in the road. They have the resources to ride out this unexpected dip in cash flow. But for smaller landlords and new property investors, the consequences could be severe. Some of these owners may face receivership. Others might try to convert their units to condos in an attempt to cut their losses. It’s likely rents will continue to fall, and for tenants, that’s good news — rental prices are finally coming down.

Lessons from Past Cycles

How can I be so sure about where this market is heading? It’s because I’ve seen this before. We’ve all seen it before. This is a classic cycle that repeats itself not only in real estate but across industries where a short supply is suddenly overcorrected. For those of us who’ve been through these cycles — the “high milers,” if you will — it’s all too predictable.

What Comes Next?

We’re already seeing resale home inventory ticking upwards. As renting becomes cheaper than owning, more homeowners will look to sell. The market, particularly in certain categories and price ranges, will feel the effects, and downward pressure on home prices will follow.

The cycle continues, and while it’s a tough situation for landlords right now, it’s an opportunity for renters. Whether you’re a tenant looking for a better deal or an investor watching for the next pivot, the Calgary market is full of lessons — and opportunities — if you know where to look.

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Explore Calgary Real Estate Like Never Before with My Interactive Investment Tool!

Are you ready to make smarter, data-driven decisions when buying or selling homes in Calgary? My brand-new real estate investment app is designed to give you the edge you need. Whether you're a first-time homebuyer, a seasoned seller, or an investor looking to maximize returns, this tool has something for everyone.

Key Features:

  • Over 200 Calgary Communities: Choose from Calgary’s most popular neighborhoods and discover homes that fit your lifestyle.

  • Real-Time Data: Access detailed information on home types, recent sales, price ranges, and property styles.

  • Historical Price Trends: Track home price trends over time to see where the market has been and where it’s headed.

  • Size vs. Price Charts: Visualize how home size and price correlate, making it easier to determine property value at a glance.

  • Designed for Buyers, Sellers, and Investors: Whether you’re looking to buy, sell, or invest in Calgary real estate, this app offers valuable insights tailored to your needs.

Why Use This Tool?

  • Empower Your Decisions: By providing clear and concise charts, the app allows you to compare properties, understand price trends, and make informed real estate decisions with confidence.

  • Save Time & Money: Stop guessing the market! Use reliable data to pinpoint the best opportunities in Calgary’s real estate market.

🔗 Try the App Now: Explore Calgary Homes & Communities

🔗 Find Your Dream Home: Calgary Homes for Sale

🔗 Market Insights and Reports: Calgary Real Estate Market Updates

The app is a game changer for anyone interested in real estate in Calgary. Whether you're buying your first home, selling, or investing, it's designed to make the process more efficient and informed. Explore today and discover what data-driven decisions can do for your real estate journey!

Don’t miss out on the chance to get ahead of the curve—access all the insights you need in one place. Click the links and start your Calgary real estate journey with confidence.

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How's The Calgary Market Today?

When people ask, “How’s the Calgary real estate market?” they expect a simple answer. But the truth is, there’s no one-size-fits-all response. While the overall data may suggest a certain trend, once you dig deeper, the reality becomes far more complex.

As of October 4, 2024, Calgary’s real estate market shows around 4,420 active listings and 2,138 homes sold in the last 30 days. On the surface, this translates into roughly two months' worth of inventory. If you stopped here, you’d think you had all the information needed, right? Not so fast!

The Market is Not One Market—It’s Many Markets

While that two-month supply may be a useful starting point, Calgary’s real estate market isn’t monolithic. It’s a collection of micro-markets, each behaving differently based on price range and property type.

For example, apartments in the $300K-$400K range have the highest number of active listings, with 596 units available, but only 235 of those units sold in the last month. That’s a much larger inventory relative to demand, suggesting a buyer’s market. If you're looking for an apartment in this price range, you're in a position to negotiate a better deal because of the abundance of supply.

On the flip side, detached homes priced between $600K and $700K are seeing far more sales activity, with 404 active listings and 257 sales last month. That translates into just over a month’s supply, a clear indicator of a seller’s market. In this segment, sellers hold the upper hand, and buyers may need to move quickly and be prepared to pay more if they want to secure their dream home.

Why It Matters

The key takeaway is this: there is no single Calgary real estate market. Every price range and property type tells its own story. Whether you’re a buyer or seller, understanding these nuances can make a huge difference.

For Buyers:

You don’t want to overpay for a home in a buyer’s market, where you have leverage to negotiate. Conversely, you don’t want to waste time and lose out on a property in a seller’s market by offering too low.

For Sellers:

Overpricing your home in a slow-moving market can cause it to sit unsold for months. On the other hand, pricing too low in a hot market means leaving money on the table.

The numbers don’t lie. By analyzing the data, you can avoid falling into the trap of thinking you're in a different market than you actually are.

Conclusion

The current snapshot of the Calgary real estate market reveals just how segmented and dynamic it is. Whether you're buying or selling, knowledge of your specific market segment—be it based on price range or property type—will help you make smarter, more informed decisions.

In the end, understanding these trends allows buyers to avoid overpaying and sellers to price their homes competitively. The numbers are your guide, and they paint a clear picture of what’s happening today in Calgary’s complex real estate landscape.

If you're curious to know which market you're in, let's have a chat! I’m here to help you navigate these waters with confidence.

Ready to make your move in the Calgary market? Reach out today for a detailed analysis and personalized advice on how to take advantage of current trends.

#CalgaryRealEstate #MarketInsight #YYCRealEstate #BuyersMarket #SellersMarket #RealEstateInvesting


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4,617 Homes For Sale in Calgary Today: What Does This Mean for Buyers and Sellers?

As of September 28, 2024, there are 4,617 homes actively listed for sale in Calgary. Whether you're buying or selling, understanding which market you are in is crucial. Real estate can shift between a buyer’s market and a seller’s market, often depending on the number of active listings rather than properties that have already been sold.

Why Active Listings Matter More Than Sold Listings

The real competition in the real estate market comes from the active listings, not the homes that have already sold. Here's why:

1. Active Listings Define Market Conditions: When there are more homes for sale than buyers, it creates a buyer’s market. Conversely, when listings are scarce and demand is high, it becomes a seller’s market. Whether you’re a buyer or seller, knowing how many homes are actively competing with you at any given time is essential.

2. Constantly Changing Numbers: Active listings fluctuate daily. The property that’s available today might be under contract tomorrow. This is why it's crucial to stay updated on the latest numbers and trends in the market.

3. Tailored Strategies for Buyers and Sellers: If you’re a buyer, you want to know how many homes are available in your price range, so you can avoid overpaying. As a seller, understanding your competition allows you to price your home strategically to attract more offers.

Which Market Are You In? Buyer’s or Seller’s?

Calgary’s housing market is incredibly dynamic. Depending on your price range and neighborhood, you might be in a buyer’s market in one part of the city and a seller’s market in another. Here’s a breakdown of the current active listings by price range to help you understand the competition:

- Under $300K: 431 homes – ideal for budget-conscious buyers.

- $300K - $600K: 1,823 homes – a highly competitive mid-range market.

- $600K - $900K: 1,502 homes – options for more established buyers.

- $900K - $1.5M: 609 homes – for those seeking luxury living.

- Over $1.5M: 252 homes – an exclusive market with high-end properties.

Stay Ahead with Real-Time Data

In a market that changes as rapidly as Calgary’s, staying ahead of the curve means having access to the most current information. That’s where working with a professional Realtor like Jerry Charlton can make all the difference. Jerry stays on top of the latest active listings, giving you an edge over other buyers and sellers who may be working with outdated data.

Why Choose Jerry Charlton?

- Expert Market Knowledge: With years of experience in Calgary real estate, Jerry knows the ins and outs of the market, whether you're looking to buy or sell.

- Daily Updates on Active Listings: Jerry ensures that his clients have the latest information on homes available for sale, so you’re always informed and can act quickly.

- Strategic Guidance for Buyers and Sellers: Knowing whether you’re in a buyer’s or seller’s market helps shape your strategy. Jerry helps his clients price competitively and bid smartly, depending on the current conditions.

The Key to Success: Active Listings

Remember, it's the active listings that shape the market, not the homes that have already sold. By understanding and staying on top of these numbers, you can make smarter, more informed decisions when buying or selling a home.

Get the Edge in Calgary’s Real Estate Market!

If you're looking to stay ahead of the competition, contact Jerry Charlton today. Whether you're buying or selling, Jerry provides real-time data and expert insights to ensure you make the best move in Calgary’s ever-changing real estate market.

In real estate, timing is everything. Knowing whether you’re in a buyer’s or seller’s market can give you a significant advantage. With 4,617 active listings in Calgary today, the competition is real, and having the latest information could be the key to getting the home of your dreams or selling at the best price.

Ready to get started? Reach out to Jerry Charlton now for the latest updates and expert advice

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.