Calgary Detached Home Market Report with Daily Updates 🏠
The Calgary Detached Market is the best real estate market in town. Supply of good quality detached homes with no condo fees and you own the land are always in short supply compared to demand. First time home buyers that start out in lower priced condos and townhomes dream about owning a single family detached home and usually achieve that goal. The best homes in the best locations may only hit the resale market once every 30 or 40 years and are gone in a flash. The very best homes are kept off the market and just get passed on amongst family members. Because homes take up a lot of land, it is hard for the home builders in Calgary to flood the market the way they do with condos and townhomes. Understanding the supply and demand of Calgary Real Estate helps you avoid buyers remorse and getting stuck with lemon properties. Real Estate is a great investment in all markets if you own detached homes.
This Chart shows us the Total Calgary Detached Home Market and the Price Range Markets.
Active Listings divided by Sales in the Past 30 Days equals % of listings Sold.
% of Listings Sold is the Odds of Selling in the next 30 Days.
Low % favours buyers. High % favours Sellers.
Pending Listings are in the “Subject To Buyers Conditions” phase of a potential sale.