Finding a good deal in today’s competitive real estate market in Calgary, AB sounds like an oxymoron, doesn’t it? The Calgary market is booming, and it’s not predicted to slow down anytime soon.
In the Calgary Real Estate Board’s latest report, they note, “With a sales-to-new-listings ratio of 83 per cent and a months of supply of less than one month, conditions continue to favour the seller, driving further price gains in the market. In April, the unadjusted total residential benchmark price reached $603,700, a one per cent gain over last month and nearly 10 per cent higher than last year's levels. Price gains occurred across all property types and districts of the city. The strongest price growth occurred in the more affordable districts of the city.”
Another oxymoron? That the “strongest price growth occurred in the more affordable districts of the city.”
With prices rising and offerings limited, finding a good deal on a property feels less attainable. While we will certainly attest to its increased difficulty, it is still possible! You just need to make sure you are going into the market with realistic expectations and a knowledgeable real estate professional on your side. That is why you should partner with us, Team Ken Richter.
A native Calgarian, Ken has witnessed Calgary grow to a population of over one million people and develop into a prosperous and dynamic city. A proven professional for 35+ years and a real estate investor himself, Ken brings valuable experience and results to the table on every transaction. His vast and widespread database includes a full range of clients from 1st time buyers to serious investors with many of them repeat customers and referrals. Ken's extensive knowledge, professionalism and strong commitment to his real estate career and team have established him as a top selling REALTOR®!
To find a good deal in today’s market, where you’re getting the best property at the best possible price, you need Ken Richter.
Are you ready to make your move? Contact Ken directly today at 403-630-6363 or email Ken@KenRichter.com.
(Image Via Canva)
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