CONTACT
RSS

Dalhousie Real Estate Update - APRIL 2019 STATISTICS


April was almost a carbon copy of March as we had 6 completed sales in the community once again, the days on market numbers improved dramatically as 4 of the 6 sales finalized in 22 days or less with the longest days on market coming in at a respectable 52 days.  4 of the sales were detached single family homes once again to go along with 1 row house sale (5400 Dalhousie) and 1 apartment sale (Vista View); we had no semi-detached/duplex sales during the month.


The active inventory level also increased slightly from 42 to 51 properties as we continue to see the spring market build…hopefully to be accompanied by some healthier sales numbers in the months to come.  Based on the rolling average from the past 6 months, which now sees the high October sales numbers drop out of the range, there is currently 9.86 months of inventory on the market which is still very much slanted in the buyers’ favour.


When looking at Calgary as a whole we continue to see positive signs with higher year over year sales numbers accompanied by lower new listing numbers, a trend that we hope continues as we work towards more balanced market conditions.


While we are on the road to stabilization, sellers must continue to be extremely competitive and very realistic with both list prices and expected final sale prices and on the buyer side of the ledger excellent value opportunities still exist.


Let us know if you are thinking of making a move or if you would simply like to know the current market value of your home and we would be happy to complete a complimentary professional property evaluation.


For a closer look at all of the active inventory in Dalhousie please click on the link below.


www.mydalhousie.ca

Read

Dalhousie Real Estate Update - FEB 2019


The slow start to the year here in Dalhousie continues as we had just 3 completed sales in the month of February…and the properties that did sell had been listed on the market for a very loooong time.


As a result the Days on Market (DOM) number is rather skewed this month, coming in at a bloated 360 days with the 3 sales having been listed for 293, 177 & 610 (yes, not a typo…610!) days respectively.


The good news is the overall inventory has remained steady with 31 active properties which is good news at this point. Depending on what date range you take into account, the months of available inventory number varies dramatically.  When you look at the past 6 months there was an average of 8.17 properties sold per month which would work out to 3.79 months of available inventory which isn’t to shabby but when you look at the slow sales over the past 3 chilly months there were just 4.67 sales per month which would then work out to 6.64 months of available inventory which would point to a firm buyer’s market.


We by no means have a crystal ball to rely on however our feeling is that there is likely a happy medium between the 2 and we should start to see some additional activity with the arrival of warmer weather (finally) and the emergence of previously hibernating buyers.


So what does these numbers all mean to you?  They mean that sellers in Dalhousie still need to be extremely competitive and starkly realistic with their list prices and expected final sale prices and on the other end of the spectrum options continue to abound for buyers looking to call our community home.


Let us know if you are thinking of making a move or if you would simply like to know the current market value of your home and we would be happy to complete a complimentary professional property evaluation.


For a closer look at all of the active inventory in Dalhousie please click on the link below.


www.mydalhousie.ca

Read
Categories:   #YYCRE | Acadia, Calgary Real Estate | Airdrie, Airdrie Real Estate | Altadore River Park | Altadore River Park, Calgary Real Estate | Apartment | Aspen Woods | Aspen Woods, Calgary Real Estate | Attached | Attractions | Banff Trail, Calgary Real Estate | Beddington, Calgary Real Estate | Best | Best of Calgary NW | Best of Calgary NW, Events | Best of NW Calgary, Events | Birchwood | Bowness, Calgary Real Estate | Bridgeland, Calgary Real Estate | Buyer | Buyers | Calgary | Calgary NW Events | Calgary Real Estate | Canyon Meadows, Calgary Real Estate | Christmas Craft Fair | CIR Realty | Citadel, Calgary Real Estate | Coach Hill, Calgary Real Estate | Cochrane, Cochrane Real Estate | Community Cleanup | Community Events | Community Information | Community Market Update | Community Update | Concert | Condominium | Contests & Promotions | Coronavirus | Country Hills Village, Calgary Real Estate | Country Hills, Calgary Real Estate | Coventry Hills Real Estate | Coventry Hills, Calgary Real Estate | COVID-19 | Cranston, Calgary Real Estate | Crescent Heights, Calgary Real Estate | Dalhousie | DCA | Deer Run, Calgary Real Estate | Detached | Detahced | Douglasglen, Calgary Real Estate | Dover, Calgary Real Estate | Duplex | Edgemont, Calgary Real Estate | Evanston, Calgary Real Estate | Event | Events | Family Events | Flapjacks | For Sale | Geoffrey Gordon | Gordon Group | Gordon Group Calgary | Great Big Sea | Greenview, Calgary Real Estate | Harvest Hills Real Estate | Harvest Hills, Calgary Real Estate | HD Cartwright | Hidden Valley, Calgary Real Estate | Home Marketing | Kincora, Calgary Real Estate | Lake Bonavista | Lakeview | Langdon, Langdon Real Estate | Lincoln Park, Calgary Real Estate | Makret Report | March | Market Report | Market Update | McKenzie Towne, Calgary Real Estate | Mission, Calgary Real Estate | Monterey Park, Calgary Real Estate | Monthly Report | Motoring Enthusiasts | My Dalhousie | My Lake Bonavista | My Lakeview | My Royal Oak | myDalhousie | myDalhousie Events | myLakeBonavista | New Brighton Real Estate | New Brighton, Calgary Real Estate | New Development | News | NW Calgary Christmas Craft Fair Guide - NOVEMBER 24 & 25 | Ogden Lynnwd Millcan, Calgary Real Estate | Okotoks Real Estate | Okotoks, Foothills Real Estate | Panorama Hills, Calgary Real Estate | Pickleball | Real Estate | Real Estate News & Information | Real Estate Update | Reunion Real Estate | Row Hopuse | Row House | Royal Oak | Royal Oak, Calgary Real Estate | Ryley Churchill | Saddleridge, Calgary Real Estate | Sale Statistics | Sales | Sales Statistics | Sara Waters | Seller | Seller's Market | Sellers | Semi-Detached | Shirine Gordon | Show & Shine | Single Family | Single-Family | Sold | Springbank Hill, Calgary Real Estate | Stampede Breakfast | Statistics | Strathcona Park, Calgary Real Estate | The Best of Calgary NW | Tim Hortons Camp Day | Transit Oriented | Trends | Trista Wemzel | Trista Wenzel | Tuscany, Calgary Real Estate | Update | Used Toy & Clothing Sale | Valley Ridge, Calgary Real Estate | Victoria Park, Calgary Real Estate | Villa | Volleyball | West Hillhurst, Calgary Real Estate | West Springs, Calgary Real Estate | YYC Real Esate | YYC Real Estate
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.