Calgary Townhome Market Watch Report with Daily Updates 🏘️
The Calgary Townhome Market is almost always stronger than the local condo market but weaker than the detached home market. First time home buyers starting out in a condo sometimes make a stop in the townhome market on their way to owning a single family detached home. Townhomes along with monthly fees typically come with a board of directors and a management company that can be good, bad or ugly. A good look around a townhouse complex should reveal which type of board of directors and management companies come with the unit. Townhomes require a lot more research to avoid buyers remorse. Check the chart below to see the daily updated market report of supply and demand overall and by price range of townhomes in Calgary.
This Chart shows us the Total Townhome 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.