Even if you’ve been living in Calgary your entire life, you may not know these really interesting real estate facts. Every day, homes are bought and sold in the Calgary real estate market. But you do know as much as about Calgary real estate as you thought?
As you’ll see below, the Calgary Real Estate market offers a lot of opportunity for both buyers and sellers. Thousands of homes are added to the market every month here in Calgary. Additionally, new home construction continues to be very strong. Because of that, whatever kind of home you’re looking for, you will find in Calgary.
Below the list of facts is an infographic you can share on Facebook or LinkedIn.
#1: Over 11,600 people work in the Calgary real estate industry.
#2: More than 2,000 businesses offer real estate services in Calgary.
#3: Downtown, there is more than 41 million square feet of office space.
#4: On average, Calgary buildings are the youngest of all major Canadian cities.
#5: In April 2017, 2,393 home sales were recorded through the MLS.
#6: Home buyers and sellers in Calgary contributed to $1.1 billion in homes sales in April 2017. alone
#7: In April 2017, houses in Calgary sold, on average, for $475,516 (Residential Average Price).
#8: Year to date, over $3 billion in home sales in Calgary have been recorded.
#9: MoneySense Magazine ranked Calgary the second best large city to live in.
#10: Construction companies started building 3,178 new homes year to date, and completed 3,908 year to date.
#11: In Oct 2016, the average renter paid $1,258/month for a two bedroom apartment.
#12: Home buyers can still choose from 1,275 new construction homes that haven’t been absorbed yet.
#13: On average, in May 2017, homes spent 38 days on the market, down 11% year over year.
#14: Also in May 2017, 3,866 new listings were added to the market.
#15: Apartments stayed on the market, on average, 24 days longer than detached homes in May 2017.
Now that you have some facts to work with, if you’re ready to buy or sell your home in Calgary, give me a call. If you need any additional information or help making a decision, I’ll gladly sit down with you over coffee and talk about my experiences here as a Calgary realtor. I want you to make the best decision for your family, and anything I can do to help, I will.
Contact me here, or at (403) 998-5535.