Posts Tagged ‘Housing’

Calgary 2010 Year End Real Estate Statistics

Friday, January 7th, 2011

Home and condo sales in Calgary and area remained relatively unchanged in December 2010, indicating that a full-fledged recovery in the housing market has yet to take hold, according to figures released on Tuesday by the Calgary Real Estate Board (CREB®).

Looking back in 2010, total single family home sales in the city of Calgary were 12,095, a decline of about 16 per cent from 2009, when total single family sales were 14,440.  2010 markes the lowest bumber of single family home sales since 1995, when 9534 single family homes were sold. 

“Undoubtedly housing markets in Alberta and Calgary underperformed in 2010, as sales recoveries did not materialize as forecasted.  In many ways, re-sales in 2010 showed a repeat of 2008, with a short lived resurgence in the first few months, when condidence returned to the market,” says Diane Scott, president of CREB®.

Calgary employment and net-migration being slower to recover – and are key drivers of our housing market.  The good news is we are now seeing marked improvements in investment and employment in the energy sector.  This coupled by improved affordability and low interest rates,  will eventually translate into a gradual recovery of our housing market as we move into 2011.

For more detailed stats about your specific community/home/condo feel free to contact us at info@corleyteam.com.  Even if your not actively in the market, it is always great to know what is going on in your community!

Gorgeous Panorama Condo: Perfect for 1st Time Buyers!

Wednesday, March 24th, 2010

70_3115_panamount_drive_mls_hid590580_roomlivingroom5OPEN HOUSE SATURDAY AND SUNDAY, MARCH 27/28 FROM 2:00-4:00!

BEST VALUE in PANORAMA HILLS!  This wonderful 2 BEDROOM + DEN and 2 FULL BATHROOMS condo is a superb value!! It’s loaded with great features including a titled underground parking space, huge storage locker (4’x6′) in front of parking stall, in-suite laundry, & lots of street parking too. Conveniently located a 1 minute walk from the express bus to downtown transit and very close all shopping and amenities. West facing unit with upgraded kitchen, beautiful backsplash, black appliances and a breakfast island. Upgraded tile & fixtures in the bathrooms. Large living room with a beautiful gas fireplace and door to the large patio with gas-line for BBQ. The den is perfect for your home office. This condo is immaculate, well decorated, spacious and has been a non-smoking unit. NOTE: Condo fees include ALL utilities, except phone and cable.  Panamount Place is a well maintained, PET-Friendly(with board approval) building. Don’t miss it! One Min Away: Mega Amenities!70_3115_panamount_drive_mls_hid590580_roomkitchen70_3115_panamount_drive_mls_hid590580_roompatio

October 2009 Real Estate Stats – Calgary, Alberta

Sunday, November 1st, 2009

 

Single Family Homes
October 2009
September 2009
August 2009
July 2009
Median Price
410,000
399,900
400,000
390,000
Average Sale Price
462,465
459,085
446,413*
436,782
Number of New Listings
1,819
1,857
1,910
2,089
Number of Sales
1,285
1,257
1,277
1,585
The following is written and published by the Calgary Real Estate Board:

Calgary, November 2, 2009 – The Calgary housing market continued to rebound in October, according to figures released by the Calgary Real Estate Board (CREB®).

“Calgary’s housing market has clearly turned a corner,” says Bonnie Wegerich, president of CREB®. “We expect there to be a few bumps on this road to recovery but we believe the worst is over.  Home prices have held firm and edged upwards in some markets over the past months.  This has helped buoy up the confidence of both buyers and sellers.”

(more…)

Open House Saturday October 24, 2009 1:00 – 3:00 at 102 – 231 64th Avenue NW

Thursday, October 22nd, 2009

BUY THIS HOME BEFORE NOVEMBER 20th AND TESSA WILL DONATE a $500 GIFT CERTIFICATE TO THE NEW BUYER (choose from Home Depot, Future Shop, IKEA, Chinook Centre).

STUNNING VALUE!! Tons of renovation in this beautiful, well decorated 2 bedroom condo well under $200K.  Enjoy a fully renovated kitchen with all new appliances including a fridge, stove, hoodfan AND dishwasher!  Attractive white cabinets with glass fronts, new countertops & backsplash.  All new lighting & flooring  throughout including laminate, tile, and lino! Many windows on South and west walls (End Unit) for tons of natural light.  Bathroom has new toilet, sink and lighting.  Huge in-suite storage space with shelving and a portable washer (recent quote to plumb washer/dryer was only $1500 & already has board approval for future owner). This condo is located ion the quietest side of a very nicely maintained building with large green space at south end, assigend parking stall and secured bike storage. Great public transit to downtown & other city destinations only steps away.  SEE YOU THERE!!!!  

Virtual Tour Link:  http://www.Obeo.com/537779

Wonderful Home in Thorncliffe!

Tuesday, October 20th, 2009

STUNNING VALUE!! Tons of renovation in this beautiful, well decorated 2 bedroom condo well under $200K.  Enjoy a fully renovated kitchen with all new appliances including a fridge, stove, hoodfan AND dishwasher!  Attractive white cabinets with glass fronts, new countertops & backsplash.  All new lighting & flooring  throughout including laminate, tile, and lino! Many windows on South and west walls (End Unit) for tons of natural light.  Bathroom has new toilet, sink and lighting.  Huge in-suite storage space with shelving and a portable washer (recent quote to plumb washer/dryer was only $1500 & already has board approval for future owner). This condo is located ion the quietest side of a very nicely maintained building with large green space at south end, assigend parking stall and secured bike storage. Great public transit to downtown & other city destinations only steps away231_64_avenue_nw_102_mls_hid537779_roomkitchen3231_64_avenue_nw_102_mls_hid537779_roomlivingroom4.

September 2009 Real Estate Stats – Calgary, Alberta

Thursday, October 1st, 2009
Single Family Homes
September 2009
August 2009
July 2009
June 2009
Median Price
399,900
400,000
390,000
399,000
Average Sale Price
459,085
446,413*
436,782
447,142
Number of New Listings
1,857
1,910
2,089
2,244
Number of Sales
1,257
1,277
1,585
1,837

Article on Calgary’s Ring Road (May 27, 2009)

Monday, June 1st, 2009
This article was found in the Calgary Herald and I thought it may be of interest to you….

Ring road, transit improvements will drive up home prices on Calgary’s fringes

Mario Toneguzzi, Calgary Herald Published: Wednesday, May 27, 2009

CALGARY – House prices in select Calgary neighbourhoods, feeling the impact of upcoming transportation improvements, will get a 10 per cent to 20 per cent premium over and above what the rest of the city’s market gets in the coming years.  (more…)

March 2009 Real Estate Stats – Calgary, Alberta

Wednesday, April 1st, 2009
Single Family Homes March 2009 February 2009 January 2009 December 2008
Median Price 375,000 375,000 413,049 380,000
Average Sale Price 420,354 415,568 374,700 417,398
Number of New Listings 2,023 2,057 2,068 836
Number of Sales 1,086 825 550 449

 

(more…)

February 2009 Real Estate Stats – Calgary, Alberta

Tuesday, March 31st, 2009
What's Happening in Calgary's Real Estate Market in February 2009 

(Comparison to the previous 3 months)

Single Family Homes February 2009 January 2009 December 2008 November 2008
Median Price 375,000 413,049 380,000 387,300
Average Sale Price 415,568 374,700 417,398 435,471
Number of New Listings 2,057 2,068 836 1,567
Number of Sales 825 550 449 670

(more…)