Great time to buy in Calgary!!

Wondering what is happening in the Calgary Real Estate market in 2015 so far? The numbers are in for the first month of 2015 and now might very well be your best opportunity to buy in the next several months or even year!  Calgary listings are up year over year and sales are down.  Don’t worry, it’s not doom and gloom.  We have plenty of healthy real estate market to look forward to over the course of this year, just consider this little blip an adjustment towards a balanced market, compared to last year’s heated seller’s market!

January 2015 Stats
Total Listings on the Market: 2909 (up 74% from 2014)
Total January Sales: 598 (down 63% from 2014)
Sales to Listing Ratio: 28%
 
January 2014 Stats
Total Listings on the Market: 1671
Total January Sales: 974
Sales to Listing Ratio: 61%