The Real Estate District weekly Dispatch

The market still has the edge! 

Posted on Nov 27, 2024

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Hello Team RED,
(click to watch if you don't want to read)
Hey Team,Winter’s coming, and the market knows it! ❄️Showing activity in Alberta has really hit the brakes, dropping 19% below the weekly average, with Calgary following the same trend. But don’t let the slowdown fool you—there’s still plenty of action in the $50...

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Mid Week Market Moves - Closest to "normal" for listing inventory

Posted on Nov 20, 2024

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Hello Team RED,
(click to watch if you don't want to read)
Showings have slowed a smidge, but it’s nothing dramatic! We’re still only about 1,000 showings down compared to last week's 30-day rolling period, so it’s more of a gentle tap on the brakes than a full stop. The $500K to $600K range still reigns supreme in act...

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Mid Week Market Moves - Strong momentum rolling into November!

Posted on Nov 06, 2024

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Hello Team RED,
(click to watch if you don't want to read)
Showings have slowed a smidge, but it’s nothing dramatic! We’re still only about 1,000 showings down compared to last week's 30-day rolling period, so it’s more of a gentle tap on the brakes than a full stop. The $500K to $600K range still reigns supreme in act...

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The Real Estate Dispatch: Mid Week Market Moves - Listings averaging 5.5 showings

Posted on Oct 30, 2024

What's Happening in the Market?
As the weather cools, so do showings in Alberta—no surprises there! But in Calgary, homes between $500K and $700K are still getting plenty of love, averaging 7 showings per listing. So, if you’ve got listings in that range, keep smiling! Province-wide, the average is down to 5.5 showings, which is less than our Spring...

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Buyers and Sellers should prepare for competitive market conditions to persist! 

Posted on Sep 11, 2024

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What's Happening in the Market?

The HUGE spike in showing activity was a bit of a surprise after a lackluster August! The first week of September has proven to be one of the largest uptick in showings that we have seen in recent years! 
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Close Price to List Price Ratio
The close price to list ratio is an interesting number to look at this month. The yea...

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Currently 27 CDOM LESS than normal! 

Posted on Sep 04, 2024

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What's Happening in the Market?

With the end of summer, came lower showing numbers. Following normal seasonal trends, the showings in Alberta tapered off through the last ten days of August and into the early days of September. The activity should increase come the second week of the month but will be short lived before we start the descent into the...

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