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Royal Oak Real Estate Update - APRIL 2021


We had another outstanding month in April registering an incredible 34 sales, 7 of which sold at or above list price.  This has been the busiest sales month in years in the community and has pushed conditions even further into seller’s market territory.


The Days On Market (DOM) numbers tracked slightly lower than March given the increased demand, the DOM came in at 31.8 for the entire sales group, detached single family homes fared the best at just 13.9 days followed by the rowhouse/condo attached category at 35.7 days with apartments trending much higher at 73.6 days.


The inventory level has once again decreased with only 21 currently active listings which based on the rolling 6-month sales average translates into just 1.3 Months Of Inventory (MOI), down notably from 1.7 months in March and keeping the conditions in favour of sellers.


Looking at the overall Calgary market things were busy across the board with an impressive 3,126 completed sales marking the busiest April on record!  Inventory levels pushed just above 6,000 total listings but the citywide MOI remained below 2 months at 1.89 and has led to notable price gains in many categories.


As has been the case for the past few months, if you are currently searching for a home make sure you are working with a Realtor who can get your through properties as soon as they come on the market and prepare to encounter a competitive marketplace.  If you are thinking of selling, this is an excellent time to list your home and take advantage of the lower inventory and continued strong demand.


Don’t hesitate to reach out to us for a free comprehensive market evaluation on your property or to set up a professional property search.


We look forward to hearing from you!


www.myroyaloak.ca

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Lakeview Real Estate Update - APRIL 2021


It was yet another busy month in April registering and impressive 21 sales with the detached single-family category once again leading the charge with 19 transactions, 5 of which sold at or above list price.  This has been the busiest sales month since we started keeping track of the numbers here at My Lakeview and has pushed conditions even further into seller’s market territory.


The Days On Market (DOM) numbers were much higher overall, the DOM came in at 43.6 days for the entire sales group, which is still rather healthy, the detached single family homes fared the best at 35.6 days and the rowhouse listings trended much higher coming in at 120.0 days.


The inventory level remained unchanged with 18 currently active listings which based on the rolling 6-month sales average translates into just 1.6 Months Of Inventory (MOI), down notably from 2.0 months in March keeping the conditions in favour of sellers.


Looking at the overall Calgary market things were busy across the board with an impressive 3,126 completed sales marking the busiest April on record!  Inventory levels pushed just above 6,000 total listings but the citywide MOI remained below 2 months at 1.89 and has led to notable price gains in many categories.


As has been the case for the past few months, if you are currently searching for a home make sure you are working with a Realtor who can get your through properties as soon as they come on the market and prepare to encounter a competitive marketplace.  If you are thinking of selling, this is an excellent time to list your home and take advantage of the lower inventory and continued strong demand.


Don’t hesitate to reach out to us for a free comprehensive market evaluation on your property or to set up a professional property search.


We look forward to hearing from you!


www.mylakeview.net

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Lake Bonavista Real Estate Update - APRIL 2021

We had another crazy-busy month registering an incredible 32 sales in April, 60% of which sold at or above list price!  This has been the busiest sales month since we started keeping track of the numbers here at My Lake Bonavista in October of 2018.


The Days On Market (DOM) numbers tracked slightly higher than march but this was again influenced by 3 listings that lingered on the market for hundreds of days before selling, the adjusted DOM are much lower and more accurately reflect the current market conditions.  The DOM came in at 46.4 for the entire sales group (adjusted was 18.5 days), detached single family homes fared the best at 34.2 (16.2 days adjusted) and apartment condominiums were higher at 99.5 days (29.6 days adjusted).


The inventory level remained relatively flat with 30 currently active listings which based on the rolling 6-month sales average translates into just 1.9 Months Of Inventory (MOI) keeping the conditions in favour of sellers.


Looking at the overall Calgary market things were busy across the board with an impressive 3,126 completed sales marking the busiest April on record!  Inventory levels pushed just above 6,000 total listings but the citywide MOI remained below 2 months at 1.89 and has led to notable price gains in many categories.


As has been the case for the past few months, if you are currently searching for a home make sure you are working with a Realtor who can get your through properties as soon as they come on the market and prepare to encounter a competitive marketplace.  If you are thinking of selling, this is an excellent time to list your home and take advantage of the lower inventory and continued strong demand.


Don’t hesitate to reach out to us for a free comprehensive market evaluation on your property or to set up a professional property search.


We look forward to hearing from you!


www.mylakebonavista.net

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Dalhousie Real Estate Update - APRIL 2021


The red-hot seller’s market conditions continued in Dalhousie as we saw the busiest sales month since we started keeping track of the numbers back in October of 2018 with a whopping 20 completed sales. Further illustrating just how busy it was and what kind of demand we saw, 8 of the 16 detached home transactions sold at or above list price and 13 of 16 firmed up in 14 days or less…it was one crazy month.


The Days On Market (DOM) numbers were improved overall from March and came in at 39.0 for the entire sales group, detached single family homes fared the best at just 21.0 days followed by the rowhouse category at 35.5 days with apartments coming in much higher at186.5 days as both sales spent over 6 months on the market.


The inventory level has remained relatively flat as well with 25 currently active listings which based on the rolling 6-month sales average translates into 2.73 Month Of Inventory (MOI) keeping the conditions in favour of sellers.


Looking at the overall Calgary market things were busy across the board with an impressive 3,126 completed sales marking the busiest April on record!  Inventory levels pushed just above 6,000 total listings but the citywide MOI remained below 2 months at 1.89 and has led to notable price gains in many categories.


As has been the case for the past few months, if you are currently searching for a home make sure you are working with a Realtor who can get your through properties as soon as they come on the market and prepare to encounter a competitive marketplace.  If you are thinking of selling, this is an excellent time to list your home and take advantage of the lower inventory and continued strong demand.


Don’t hesitate to reach out to us for a free comprehensive market evaluation on your property or to set up a professional property search.


We look forward to hearing from you!


www.mydalhousie.ca

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