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November 2024 CREB Market Update

The Calgary Real Estate Board released their latest market report.  In November, increased sales in detached, semidetached, and row homes offset a decline in apartment condominium sales. The 1,797 sales for November mirrored last year’s levels and remained 20 per cent above long-term trends for the month

Detached Homes- benchmark price $750,100 an 7% increase since this time last year, with 2.14 months of supply.

Semi-detached Homes- benchmark price $675,100 an 8% increase since this time last year, with 2.10 months supply.

Row Housing- benchmark price $454,300, an 7% increase since this time last year, with 1.98 months of supply.

Apartments- benchmark price $337,800, an 9% increase since this time last year.  With 3.45 months of supply.

Airdrie market- unadjusted benchmark price of homes is $543,300, with 2.73 months of supply. Prices are up 4.1% since this time last year.

Cochrane market- unadjusted benchmark price of homes $568,600, with 2.65 months supply. Prices are up 3.8% since this time last year.

Okotoks market- unadjusted benchmark price of homes $624,00, an increase of 6% since this time last year.  With are 1.44 months of supply.

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

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Open House. Open House on Saturday, December 7, 2024 1:00PM - 4:00PM

Please visit our Open House at 1801b 41 STREET NW in Calgary. See details here

Open House on Saturday, December 7, 2024 1:00PM - 4:00PM

**OPEN HOUSE SATURDAY 7 DECEMBER 1PM TO 4PM**EXCEPTIONAL VALUE IN AN UNBEATABLE LOCATION. Fantastic DETACHED property in the desirable Northwest neighbourhood of Montgomery. Situated on a quiet street, this charming bi-level offers 3 BEDROOMS, 1.5 BATHROOMS, with almost 1300 SQ.FT of total finished living space. On the main floor you will find a good-sized living room with WOOD-BURNING FIREPLACE, and large window overlooking the magnificent mature tree out front. The updated kitchen features white shaker-style cabinet doors, QUARTZ COUNTERS, and STAINLESS STEEL APPLAINCES. The kitchen is open to the dining room with breakfast bar seating, and there is ample space for a large dining table. Patio doors lead out the back deck, with steps down to the private fenced yard. Perfect for indoor-outdoor flow whether bbqing, entertaining, kids, or pets. Also on this floor is a convenient half bathroom, foyer with front entry closet, and a spacious storage closet to keep life clutter-free. On the lower level you will find a bright and spacious master bedroom, two additional bedrooms, a large family bathroom with free-standing claw- foot tub with brick-style tiled walls. The laundry/ mechanical room, and a good-sized storage room. ***This property is close downtown, University District, and Market Mall. With shopping, schools, amenities and transit on your doorstep. The Bow River pathway is minutes away making it ideal for running, biking, or walking. ***Plus, SELLER WILL CONSIDER PROVIDING A ‘VENDOR TAKE BACK MORTGAGE’ AT PRIME (5.95%) TO QUALIFIED BUYERS WITH A MINIMUM DOWNPAYMENT OF $25,000 Whether you’re a first-time buyer, investor, or looking for a family home, this property checks all the boxes! Check out the virtual tour, and contact your favorite Realtor today to book your showing.

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