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Aprils real estate market slowed however, there were 3,401 sales with a gain of 6% over last year and a record high for the month of April.

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New listings trended down relative to last month and levels recorded last year. With the sales-to-new listings ratio remaining above 745, there was not much of a shift in overall inventory levels. With 4,850 units in inventory, we are no where near record low inventory levels, however, levels are far lower than what was recorded in April since 2014.

Overall, the Calgary market has seen the months of supply remain below two months since November of last year, placing significant upward pressure on prices. The benchmark price in April reached $526,700, which is nearly 2% higher than last month and 17% higher than last year.

Contact me to discuss how this impacts your buying or selling decision!

Jason Streich⁠
Greater Calgary Real Estate⁠
403 807 2204⁠
jstriech@shaw.ca⁠
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Last month saw a surge in new listings while sales activity reached a record high for the month with 3,305 sales. The rise in new listings caused adjusted inventories to rise above last months levels. However, with only one month of supply, the market continues to favour the seller.


The residential benchmark price for the city rose by nearly 6% over January levels and was over 16% higher than levels recorded last February. Much of the growth has been driven by the detached segment of the market which has not seen conditions this tight in over 15 years.


Contact me with your questions as to how this impacts your buying or selling decision!

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FOR SALE: #506-111 14 Avenue SE, Calgary, AB
 
MLS#: A1154279
CONDO FEE: $631.31
 
Sparkling clean totally refreshed and move in ready, this Beltline condo boasts the quietest corner in the building.
As you walk in the door, you will immediately appreciate how well taken care of this unit is, as well as the sheer amount of storage it has to offer, starting with a large front closet.
 
**VIEW FULL LISTING**
https://jasonstreich.com/mylistings.html/listing.a1154279-506-111-14-avenue-se-calgary-t2g-4z8.95853479

A timeless monochromatic palette and a cool inside corner layout set the tone in this bright and open home.
The corner kitchen offers plenty of cabinet space, and a separate pantry and storage area is an added bonus.
The dining room leads to a huge living area, ready for even the biggest, comfiest couch.
 
A fully enclosed, solarium is a unique feature, and there is a balcony as well; both of which look over a peaceful courtyard with views to the south and west.Both bedrooms are large with generous closets, and the one with French doors could make this a great home office or gym as well.The bathroom is well-appointed and includes a vanity with storage as well as a large medicine cabinet and a linen closet in the hall.
 
The Richmond building itself is tasteful, clean, and central. A comfortable lobby, an updated on-site main floor laundry facility, and underground parking, with your spot near the elevator., as well as a massive resident-only south facing courtyard that is enjoyable year-round, with seating areas and garden beds.
 
Contact me with your questions & to book a private showing!
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Have you been sitting on the fence about selling your home for a while? Are you spending a lot of time contemplating whether or not it's the right thing to do?
 
In order to help you become more motivated to make that decision to list your home, take a moment to consider the following 6 questions.
 
If you are needing answers to the questions you have, please reach out to me! I'd love to spend some time with you going over the local housing market and outlining the different options available to you.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.