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Airdrie Real Estate Market Glance

 AIRDRIE REAL ESTATE MARKET GLANCE

(May 3 2023)

CREB REGION REPORT :  AIRDRIE  :


While sales in April trended up compared to last month, new listings eased, causing the sale-to-new listings ratio to once again push near 100 per cent, and inventories fell to the lowest April reported since 2007. While conditions are not as tight as last April, with one month of supply, conditions continue to favour the seller. 



Limited choice compared to demand contributed to the upward pressure on home prices compared to earlier this year. As of April, the benchmark price reached $502,000, an improvement from the $480,200 reported in January but nearly two per cent below the April 2022 record high of $510,700.



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CONDO STATISTICS DECEMBER 2023- CREB

  LATEST CREB CONDO NEWS - DECEMBER 1 2023 Apartment Condominium - CREB DEC 1 2023 Thanks to the relative affordability of the apartment-style homes, sales continued to reach record highs in November, contributing to year-to-date sales of 7,487. With one month left in the year, sales have already surpassed last year’s record high. This, in part, was possible thanks to the growth in new listings. While inventory levels are similar to levels reported last year, with less than two months of supply, conditions still favour the seller, placing further upward pressure on prices.  The unadjusted November benchmark price reached $320,100 in November, a monthly gain of over one per cent and a year-over-year increase of 18 per cent. Year-to-date price gains have occurred across every district in the city, with some of the largest gains arising in the lower-priced North East and East districts. ALL CALGARY CONDOS FOR SALE

Thinking of Living on the Calgary Westside?

C The Calgary Westside  Seven great communities to choose from with a brief description of each below and a link to homes for sale there. ASPEN WOODS A much sought after residential neighborhood in the South-West quadrant of Calgary, Alberta, Canada, consisting mostly of residential single family homes, and a limited number of older acreages. Residential Aspen Woods was established as a neighborhood in 2001 on land annexed to the City of Calgary in 1956.  COACH HILL   A very nice residential neighborhood in the South-West quadrant of Calgary, Alberta. It borders Sarcee Trail to the East, Bow Trail to the South, 69 Street to it's West and Old Banff Coach Road to the North. The community homes are served by the 69th Street C-Train LRT station.  Very popular with mid-price and high price range South West home buyers. WEST SPRINGS   West Springs Southwest is located at the Western edge of the City. West by the acreages and estate homes of Springbank in the MD of Ro...

Frequently Asked Questions - Calgary Real Estate

Frequently Asked Questions - Calgary Real Estate  1)  What is today’s Real Estate Market Like? One of the big indicators that show the state of the market is the average days a property has been on the market. Another example which we show to the seller is the number of closed transactions year-over-year for any given month, average list prices, and the average sale prices . 2)  What steps do I need to prepare my home for selling? It is all about the first impression and always giving your home its best shot. Curb appeal before they reach the door is important, so make sure there is no outside mess, and in summer the grass is cut and shrubs pruned. Inside, remove all clutter, put what you don’t need away, and fix any small paint jobs. 4) What is my home worth? With market comparables, actives and solds in your area we present a CMA price range where the price of your home sits. Adjusted by upgrades, we arrive at the competitive price your home should be listed at. 5)...