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Real Estate Statistics February 2023

February 2023 Calgary Real Estate Statistics Recap

Are you ready for some interesting Calgary real estate statistics?! We've got the inside scoop on what's happening in the market in February 2023, and you won't want to miss it! Whether you're a seasoned buyer or a first-time seller, these stats are a must-read for anyone interested in the Calgary real estate scene.

So, what's the current state of the Calgary real estate market? Are home prices skyrocketing, or are they more affordable than ever? How many new listings are hitting the market, and is now a good time to buy or sell? We've got all the answers and more, so buckle up and get ready for a wild ride through the Calgary real estate market.

From stunning homes in the heart…

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Real Estate Statistics January 2023

January 2023 Calgary Real Estate Statistics Recap

If you're looking for a complete statistics package for your local market, contact us and let us know what you need. We have regional stats (Calgary, Airdrie, Cochrane, Okotoks, Chestermere, etc)  as well as the various zones in the city, and individual community stats. We can also set you up with our monthly market reports to keep you in the loop on the latest listings and sales in your community. 

Latest Combined Calgary Real Estate Statistics: January 2023

• Benchmark Price $520,900
• Inventory 2,451
• Sales to New Listings Ratio 65%
• Months of Inventory/Supply  2.4 Months of supply (Up 56% Y/Y)

Year to Date Calgary Real Estate Statistics: January 2023

• Benchmark Price $520,900
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Canada’s Housing Ban on Foreign Buyers: What You Need to Know

Does the foreign buyer ban affect Calgary? 

This week, the Canadian government announced a new policy to ban foreign homebuyers from buying property in Canada. The new law comes after years of speculation and debate over whether this ban was necessary or beneficial to Canadians. This ban does apply to property purchased in Calgary. 

This ban took effect on January 1 of this year and will last until 2025. This policy change comes after studying how foreign buyers and investors have affected Canada's housing market. This move is meant to ensure that Canadian homebuyers have access to affordable houses by bringing down the demand for Canadian properties. This policy is a step towards protecting local homebuyers and helping stabilize the Canadian…

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Real Estate Statistics December 2022

December 2022 Calgary Real Estate Statistics Recap

If you're looking for a complete statistics package for your local market, contact us and let us know what you need. We have regional stats (Calgary, Airdrie, Cochrane, Okotoks, Chestermere, etc)  as well as the various zones in the city, and individual community stats. We can also set you up with our monthly market reports to keep you in the loop on the latest listings and sales in your community. 

Latest Combined Calgary Real Estate Statistics: December 2022

• Benchmark Price $518,800
• Inventory 2,214
• Sales to New Listings Ratio 117%
• Months of Inventory/Supply  1.84 Months of supply (Up 21.9% Y/Y)

Year to Date Calgary Real Estate Statistics: December 2022

• Benchmark…

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Real Estate Statistics November2022

November 2022 Calgary Real Estate Statistics Recap

If you're looking for a complete statistics package for your local market, contact us and let us know what you need. We have regional stats (Calgary, Airdrie, Cochrane, Okotoks, Chestermere, etc)  as well as the various zones in the city, and individual community stats. We can also set you up with our monthly market reports to keep you in the loop on the latest listings and sales in your community. 

Latest Combined Calgary Real Estate Statistics: November 2022

• Benchmark Price $520,200
• Inventory 3,109
• Sales to New Listings Ratio 102%
• Months of Inventory/Supply  1.89 Months of supply (Up 1% Y/Y)

Year to Date Calgary Real Estate Statistics: November 2022

• Benchmark…

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Real Estate Statistics October 2022

October 2022 Calgary Real Estate Statistics Recap

If you're looking for a complete statistics package for your local market, contact us and let us know what you need. We have regional stats (Calgary, Airdrie, Cochrane, Okotoks, Chestermere, etc)  as well as the various zones in the city, and individual community stats. We can also set you up with our monthly market reports to keep you in the loop on the latest listings and sales in your community. 

DAYS ON MARKET 
AVERAGE REAL ESTATE PRICES IN CALGARY
RIVERBEND DETACHED HOME STATISTICS OCTOBER 2022
HAYSBORO DETACHED HOME STATISTICS OCTOBER 2022
CITY CENTRE CALGARY STATISTICS OCTOBER 2022
SOUTH CALGARY STATISTICS OCTOBER 2022 
CALGARY CONDO STATISTICS
OUR FEATURED LISTINGS

Latest Combined Calgary…

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Real Estate Statistics August 2022

August 2022 Calgary Real Estate Statistics Recap

August was another month of strong sales activity, while detached sales have struggled as interest rates rise down 18% from last year, however apartment sales have soared 58% y/y. 

“While higher lending rates have slowed activity in the detached market, we are still seeing homebuyers shift to more affordable options which is keeping sales activity relatively strong,” said CREB® Chief Economist Ann-Marie Lurie. “This makes Calgary different than some of the larger cities in the country which have recorded significant pullbacks in sales.”

Curious about what your home is worth? Utilize our instant CMA tool to get a rough market value of your home, please note this tool is only designed to deliver…

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Real Brokerage

So you're thinking about joining one of Canada's most exciting and fastest growing brokerages? We're here to break down the Real Brokerage model, stock awards, and benefits we've seen from being at this brokerage since we joined in Q4 2021.  

The leadership team with the Real Estate Partners has met with the CEO of REAL BROKERAGE INC Tamir Poleg numerous times about systems, ways to improve and build the brokerage, future plans, and much more, in every one of those meetings not only was Tamir responsive and engaged, but we also were given the opportunity to speak with other leaders at Real Brokerage so we could speak first hand to people overseeing different divisions. 

How to Join Real Broker in Canada With Us

If you're ready to join Real,…

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Real Estate Statistics July 2022

July 2022 Calgary Real Estate Statistics Recap

Statistics and information provided courtesy of the Calgary Real Estate Board ® CREB

Latest Combined Calgary Real Estate Statistics: July 2022

• Benchmark Price $540,000
• Inventory 5,338
• Sales to New Listings Ratio 71%
• Months of Inventory/Supply  2.37 Months of supply (Down 18.0% Y/Y)

Year to Date Calgary Real Estate Statistics: July 2022

• Benchmark Price $532,829
• Sales to New Listings Ratio 73%
• Months of Inventory/Supply  1.50 Months of supply (Down 36.0% Y/Y)

DOM = Number of Days on Market 

As of July 31st, 2022, the average number of days on market for all property types combined was 26 days (YTD) while the month of July saw an average DOM of 31.  

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How Much Does a Kitchen Renovation Cost?

Kitchen renovation horror stories can be found all over the internet these days.  From poor workmanship and unqualified contractors, to bad material, extended timelines and of course the worst, skyrocketing costs above your initial budgets. In this blog we aim to give you a better understanding of the costs involved in kitchen renovations, ways to save money, what to expect throughout the process, and some key tips to help ensure you're always on the right track. 

So what is actually the average kitchen renovation cost in Calgary?

 For an average Calgary home, you can expect the following numbers for a kitchen renovation project:

   If we're looking at it from a cost per sq ft basis, typically you should expect to be spending somewhere between…

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