Winter is an excellent time to make your real estate move in Calgary, as long as you are motivated and willing to trek through the snow to make it happen. However, the busiest time of the year for real estate transactions is spring. So, is the winter market starting to thaw into a spring market?
YES!
The Calgary Real Estate reported in their last statistics update, "Inventory levels saw substantial year-over-year growth for the second month in a row, rising by 76 per cent to 4,145 units in February. While inventory increases were seen across all price ranges, the largest increases were in homes priced under $500,000." The rise in inventory means one thing: the spring market is about to boom.
What does this mean for sellers? If you're hoping to sell your home this spring, you need to list it now to get ahead of the mad dash. Contact Ken Richter directly today at 403-630-6363 or Ken@KenRichter.com to start strategizing.
What does this mean for buyers? Act now to edge out the competition. Start looking at prospective properties and put in offers before the rest of the buyers wake up from winter hibernation. Team Ken Richter can help you navigate the buying experience to find your dream home!
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