Archive for the ‘Real estate’ Category

The New Haskayne Development West of Tuscany Calgary

Tuesday, March 10th, 2015

I just recently attended an information open house at the Lynx Ridge Golf Course Club House that described in detail the new Haskayne Development including the Area Structure Plan, the plans for the landscape, city transit plan, the construction of roughly 3400 residential homes/lots and some awesome sounding commercial additions, all with a wholesome influence.  For those of you who don’t know the location, this will be just south of 12 Mile Coulee Road, and west of the Stoney Trail, past Home Depot in Tuscany on Nosehill Drive.   This whole development will be brought to us by Brookfield and it sounds great!!   Good news for the residents of Tuscany, the commercial sector will bring in some great new stores and amenities that Tuscany really needs!

As described to me, the developer will be using a very natural theme to the landscape and try to work with the flora and fauna that already exists in the area and surrounding coulee.  This is very important to the wildlife, and it sounds like Brookfield is doing their best to respect Mother Nature.  There are plenty of plans for parks and green space but the best news yet is that it will connect Cochrane to Calgary with bike paths that already meander through Glenbow Ranch.  This means that Calgarian and Cochrane residents will be able to make even more of their weekend bike rides along the river!  It also connects Cochrane to inner-city and downtown Calgary for those of you who enjoy long bike rides to and from work.  What a win!!

The plans will commence construction in 5 years if all goes well.  I could go on and on from what I learned at this open house out of excitement, but for now I will update you with more information as provided by the developer and the City of Calgary.

Tessa Corley-Rae

November 2009 Statistics for Calgary Real Estate

Wednesday, December 2nd, 2009

Single Family

(Calgary Metro)

November 2009

November 2008

Month Change

Month End Inventory

2658

5083

-47.71%

New Listings Added

1365

1567

-12.89%

Sales

1095

670

63.43%

Ave Sale Price

464,444

435,471

6.65%

Median Price

408,000

387,300

5.34%

 

Condominium

(Calgary Metro)

November 2009

November 2008

Month Change

Month End Inventory

1434

2399

-40.23%

New Listings Added

705

741

-4.86%

Sales

504

284

77.46%

Ave Sale Price

294,264

285,820

2.95%

Median Price

264,900

251,800

5.20%

 

Aspen Woods

Calgary

November 2009

Single Family

November 2008

Single Family

Month Change

Single Family

November

2009

Condominiums

November 2008

Condominiums

Month Change

Condominiums

Month End Inventory

49

80

-38.75%

14

23

-39.13%

New Listings Added

16

20

-20%

2

14

-85.71%

Sales

11

3

72.73%

0

0

0

Ave Sale Price

975,987

1,819,000

-46.35%

0

0

0

Median Price

662,500

625,000

5.66%

0

0

0

 

Cougar Ridge

Calgary

November 2009

Single Family

November 2008

Single Family

Month Change

Single Family

November

2009

Condominiums

November 2008

Condominiums

Month Change

Condominiums

Month End Inventory

13

38

-65.78%

5

8

-37.5%

New Listings Added

9

14

-35.71%

2

2

0

Sales

13

7

53.85%

0

0

0

Ave Sale Price

512,223

583,428

-12.2%

0

0

0

Median Price

485,000

527,500

-8.06%

0

0

0

 

Springbank Hill

Calgary

November 2009

Single Family

November 2008

Single Family

Month Change

Single Family

November

2009

Condominiums

November 2008

Condominiums

Month Change

Condominiums

Month End Inventory

58

95

-38.95%

15

18

-16.67%

New Listings Added

18

20

-10.0%

7

5

28.57%

Sales

8

3

38.5%

6

0

600.0%

Ave Sale Price

570,437

560,333

1.77%

421,166

0

 

Median Price

525,000

550,000

-4.55%

279,000

0

 

 

West Springs

Calgary

November 2009

Single Family

November 2008

Single Family

Month Change

Single Family

November

2009

Condominiums

November 2008

Condominiums

Month Change

Condominiums

Month End Inventory

29

53

-45.28%

4

10

-60.0%

New Listings Added

11

15

-26.67%

4

5

-20.0%

Sales

11

8

27.27%

0

2

-200%

Ave Sale Price

524,536

606,125

-13.46%

0

362,500

 

Median Price

499,900

490,000

1.98%

0

345,000

 

 

Strathcona Park

Calgary

November 2009

Single Family

November 2008

Single Family

Month Change

Single Family

November

2009

Condominiums

November 2008

Condominiums

Month Change

Condominiums

Month End Inventory

12

33

-63.64%

2

5

-60.0%

New Listings Added

7

14

-50.0%

0

2

-200%

Sales

6

4

33.33%

3

0

300%

Ave Sale Price

504,166

505,600

-0.28%

334,166

0

 

Median Price

550,000

365,000

33.64%

335,000

0

 

 

Connaught

Calgary

November 2009

Single Family

November 2008

Single Family

Month Change

Single Family

November

2009

Condominiums

November 2008

Condominiums

Month Change

Condominiums

Month End Inventory

3

3

0%

99

188

-47.34%

New Listings Added

0

0

0

48

70

-31.43%

Sales

0

0

0

54

12

77.78%

Ave Sale Price

0

0

0

324,534

287,900

11.29%

Median Price

0

0

0

285,000

255,000

10.53%

 

Hillhurst

Calgary

November 2009

Single Family

November 2008

Single Family

Month Change

Single Family

November

2009

Condominiums

November 2008

Condominiums

Month Change

Condominiums

Month End Inventory

15

25

-40.05

13

22

-40.91%

New Listings Added

3

5

-40.0%

4

3

25.0%

Sales

3

3

0

6

0

600%

Ave Sale Price

720,833

1,000,000

-27.92%

265,666

0

 

Median Price

775,000

680,000

12.26%

220,000

0

 

 

Sunnyside

Calgary

November 2009

Single Family

November 2008

Single Family

Month Change

Single Family

November

2009

Condominiums

November 2008

Condominiums

Month Change

Condominiums

Month End Inventory

11

7

36.36%

17

24

-29.17%

New Listings Added

6

2

60.0%

4

7

-42.86%

Sales

4

0

400%

3

0

300%

Ave Sale Price

590,625

0

 

311,333

0

 

Median Price

455,000

0

 

300,000

0

 

 

Point McKay

Calgary

November

2009

Condominiums

November 2008

Condominiums

Month Change

Condominiums

Month End Inventory

12

19

-36.84%

New Listings Added

4

3

25.0%

Sales

1

4

-75.0%

Ave Sale Price

291,500

388,250

-24.92%

Median Price

291,500

348,000

-16.24%

 

The Calgary housing market is showing signs of a sustained recovery according to figures released by the Calgary Real Estate Board.

The number of single family homes sold in November 2009 in the city of Calgary were up 63% from the same time a year ago, while condominium sales saw an even steeper increase–up 77% from the same time last year.

“A healthy demand for homes combined with a steadily decreasing inventory is holding prices firm,” says Bonnie Wegerich, president of the Calgary Real Estate Board.

“Clearly low borrowing costs are helping to fuel this recovery,” says Wegerich. “Many buyers want to get in while mortgage rates remain at record lows. Better employment numbers and an improving economic outlook are giving the market an added boost.”