Real Estate Blog - Real Estate Statistics

Creating Quality Compost

Gardening season is upon us, and the secret to a great garden is great soil. What makes soil great? Compost!

Thanks to the City of Calgary, every home has a Green Compost Bin. You can regularly put compost waste in it for collection, or you can keep it inside your yard and do your own thing. If you choose to make your own compost, here is what you need to do:

Add Base: Food scraps are the base for your compost. You can basically compost any kind of food, except for meat & dairy products. This is because meat and dairy will attract rodents and maggots, but also compromises the nutrient balance of the compost. Have a mini compost container in your kitchen for easy access, then regularly dump it into your compost bin outside and clean it to reduce…

5658 Views, 0 Comments

Walk Score

"Walk Score" is a real estate term that gets thrown around a lot, but is rarely ever  defined. So what is this all-important walk score? A walk score is a score an address is given between 0 and 100 regarding how friendly the area is based on walkability. Variables that go into calculating this score are:

• Area safety & Crime Rates
• Nearby Transit & Bike Routes
• Proximity to essential services such as Grocery stores, pharmacies, schools and businesses
• Composition of  land (Hills, Forests, Plains, etc.)

A walk score is a fast way for potential buyers to see how, essentially, accessible their new home is based on location.

Having a high walk score is often exalted as a wonderful thing, but having a low walk score is not necessarily…

942 Views, 0 Comments

January 2019 Statistics

The Calgary Real Estate Board announced its stats for January 2019! Read on for the inside scoop.... 

As economic challenges linger into 2019, housing markets remain on a sluggish pace.

• In January 804 units were sold. This is 21 per cent below long-term averages for the month of January, and 16 per cent below last January's averages. 
• Citywide benchmark prices eased to $414,800 for residential homes, dropping 1 per cent from the previous month of December, and 4 per cent below averages from January in 2018.
• Months of supply now sits at seven months. This is due to yet another increase in inventory, without enough sales to balance the scales. As such, Calgary continues to stay locked in a buyer's market. 

CREB® chief economist…

523 Views, 0 Comments

December 2018 Statistics

The Calgary Board of Real Estate notes in their January report, "as oversupply continues in Calgary’s housing market, December prices eased by one per cent compared to last month and are over three per cent below last December." This summary of what happened in the final month of 2018 paints a bleak picture of December, which hopefully ended a difficult year in the real estate; though still better than others. Our hopes are that we see even more improvement in 2019!

Here are the highlights from their statistics summary: 

• December sales totalled 794 units. This is a 21% decline compared to December of 2017. 
• Year-to-date sales in the city totalled 16,144 units. This is 20% below long-term averages and about 14% less than in 2017.
• …

521 Views, 0 Comments

October 2018 Statistics

The October Calgary Real Estate Statistics Summary is officially available!

Here are some key points from this months statistics report:

• Inventory levels in Calgary are up, sales in Calgary are down. This continues to put downward pressure on prices.
• Citywide benchmark prices for October totaled $426,300, which is the fifth consecutive month there prices have been in decline.
• Benchmark prices now sit at 2.9 per cent below year-over-year averages.
• In October there were 7,345 properties on the market.
• In October there were 1,322 sales across the City of Calgary.
• Months of supply is now 5.6, well above levels typical of this time of the year. 
• Lower price ranges are seen sales improvement
• High end price ranges have had…

579 Views, 0 Comments

September 2018 Statistics

The stats are in for the month of September thanks to CREB (The Calgary Real Estate Board). 

Here are the highlights:

• September sales activity totaled 1, 272 units, a 13 per cent decline since last year. This is far below long-term averages.
• There were decreased sales in all product types (detached, row, apartment, semi-detached), but it was the worst for the detached market.
• CREB® chief economist Ann-Marie Lurie says: "Calgary's economy continues to struggle with unemployment, which rose again last month to over eight per cent. Concerns in the employment market, higher lending rates and shaken confidence are weighing on housing demand. At the same time, supply levels continue to remain high, resulting in persistent oversupply and price…

492 Views, 0 Comments

September Events You Don't Want To Miss

Here are some fun events to check out this month as autumn waves goodbye to summertime!

This Girl Can Expo || September 8th || Big Four Building, Stampede Grounds || "Parents and girls ages five and up are invited to this new local expo, which aims to inspire and empower young girls. The one-day event will feature speakers like Olympic medalist Alex Gough, sessions on coding and healthy relationships, yoga and hip hop classes, and a show by the Calgary Girls Choir." Check out the exhibits, freebies and get inspired! For more information and to purchase tickets, visit their website HERE.

Red & White Comic Expo || September 9th || Red & White Club, McMahon Stadium || "Comic books, role-playing games, artwork, action figures — you'll find all this and…

942 Views, 0 Comments

JUST LISTED: 2205 47 Street Northwest, Calgary Alberta, T3B 0W8

Right on the corner and right on the price! Wow!

Have a look at this amazing one owner, 4 year old, semi-detached infill offering a total of approximately 2600 square feet of sun drenched, south facing living space. The open floorplan is highlighted by numerous large windows; this wonderful inner city family home provides gorgeous views of the south river escarpment & is conveniently located across from a large playground of an elementary school.

Numerous upgraded features include a massive gourmet kitchen and large granite island, built-in appliances, engineered wood flooring on main & lower levels (great for pets), cozy front living room & additional sitting area complete with a gas fireplace, feature wall built-ins and a separate mudroom. The…

706 Views, 0 Comments

JUST LISTED: #382, 223 Tuscany Springs Boulevard Northwest, Calgary Alberta, T3L 2M2

Begin a new chapter in the Sierras, one of the top 40+ condominium complexes in Alberta! This suite for sale is on the southwest of the building, boasting gorgeous views and 836 square feet of pristine condominium living.

This single-floor condo has one master bedroom with a walk-in closet and private entrance to the three piece bathroom. The suite includes private laundry in a spacious utility room and a large balcony boasting gorgeous views, complete with a gas BBQ. The kitchen has stainless steel appliances and oak cabinets. The spacious living room has large windows that bring in natural sunlight. Bright, open floor plan here!

The condominium building itself offers incredible amenities, such as: state of the art security system, underground…

759 Views, 0 Comments

May 2018 Events

May is full of exciting events, so don't miss out! Here are some highlights:

May 4th || Star Wars Day (May the Fourth be with you...)

May 5th, 12th & 19th || Free Compost Day || Calgary Compost Facility || This exciting opportunity is thanks to the City of Calgary who is "offering free compost for residents to use in their yards and gardens this spring. The compost is made from the food and yard waste collected in the Green Cart Program" (City of Calgary). Take advantage of this FREE event that will help your garden flourish! While you're at it, stop by a Starbucks and pick up some free coffee grounds to sprinkle into the mix - rumor has it coffee grounds are great for growing tomatoes. Get more information HERE. 

May 5th || Jane's Walk ||…

854 Views, 0 Comments