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Market News For January 2011 Volume 5, Issue 1 Calgary Real Estate Market Year-To-Date At the beginning 2010 the median detached house price was $401,000. Spring fever hit and the median went up to $423,000 in March. Slowly the median decreased until the end of July where it dropped sharply to $400,000. The decrease continued to $395,000 in August and $390,000 in September. Presently we have an inventory of about 4141 (including condo’s). Sales are just under 1054 houses/condo’s in the last 30 days as of December 31 and the median price is $389,000 for detached homes, that’s a 3% decrease for the year. The first day of January 2011 brought 600 expired listings. Expect many of these to come back on in the next 2 months.

A look Ahead..... Calgary’s busy real estate season starts in February. We expect to be full swing into the Spring rush by the end of February. If you want to catch the market at the high of the year this is when you want to sell. We expect that 2011 will be much like 2010. House prices will drop after the first quarter. Call or email us for our exclusive booklet “How To Sell Your Home For Top Dollar Fast!” It will show you step by step on how to prepare your home for sale and get top dollar. Also when you contact us we will help you develop a strategy and pin point pricing for you home. We work hard to take the stress out of selling your home. If you are interviewing Realtors be sure to include us. If you would like a monthly email version of this newletter instead of a hard copy email us. Giving you more for less

CATEGORY

2010

2009

Single Family Average Price

$441,341 $451,349

Single Family Median Price

$389,000 $401,000

Single Family Sales

734

799

Condo Average Price

$282,768 $288,640

Condo Median Price

$258,500 $265,000

Condo Sales Source: Calgary Real Estate Board

320

341

December Statistics for Calgary MLS

We ensure that when we list your home you will get maximum exposure. We syndicate all of our listings to over 15 top websites across Canada for no extra charge including www.Realtor.ca. We also give you the option of extra marketing if you so choose. As well you will automatically viewed in the Calgary Real Estate News (CREN). Of course all clients get the full professional services like Open Houses, Appointment Bookings, Feedback, Lawnsigns, lock Boxes,Virtual Tour and two Realtors for the price of one. We strive to give all 100,000 Canadian Realtors easy and quick access to your listing including Calgary’s 5600 Realtors. We are so confident that you will be happy with our service that we have no-fault listing cancellation. Where we guarantee that you can cancel your listing if you are not happy. It’s never been used yet. Commissions are ALWAYS negotiable!!


Our Websites:

Are you thinking of selling in the 6-12 months?

For Free report on activity in your community go to: www.ValueMyHomeCalgary.com

Get a free report on house prices in your community.

our other sites

www.GreaterCalgaryRealEstate.com www.TheCalgaryRealEstateBlog.blogspot.com

Also get our exclusive booklet “How To Sell Your Home For Top Dollar Fast”

Our email

GreaterCalgary@shaw.ca

Go to: www.ValueMyHomeCalgary.com

Your Real Estate Specialists:

Moving Calgary Forward in Real Estate Services

We would like to thank all of you for your leads, insights and feedback. We listen to you and take great pride in keeping our company and Realtors up to date. We take our motto seriously “Moving Calgary Forward in Real Estate Services”.

Sellers Call us about listing your home and ask us about our top rated marketing plans and commission rates.

We ARE Calgaryʼs own real estate company.

Buyers We will pay for your Home Inspection. This offer is good until March 31, 2011

WE Pay Referrals!!! We want to offer you a $500 referral fee when you refer a friend or relative to us.

Patrick Rafferty" Owner/Realtor" " (403) 835-2531 " " " pjrafferty@shaw.ca Sandra Rafferty"Broker/Owner/Realtor" (403) 241-7555 " " " sandrarafferty@shaw.ca

This offer applies when it results in a sale or purchase and is payable upon a successful possession. Referrals from our past clients are our bread and butter. Thank you to those who have already given us recent referrals. We are pleased to give back.

Calgary Real Estate News  

Up to date information about Calgary's real estate market.

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