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November 2013

Found 2 blog entries for November 2013.

Calgary’s Condo Market Getting a Whole Lot Tightercalgary condos

If you’re hunting for a condo in Calgary, you’ll have to try much harder to find and buy one you like.  The number of active listings increased slightly in October, but they’re down by 30% from last year at this time.  

Sales of Calgary condos is brisk as buyers compete for the available stock.  Sales are up 23% while prices overall rose 10%. The average price for a sold condo in October was over $311,000 which is up $13,000 since last month. It’s hot right now, but is expected to moderate.

Condos Selling Fast and at a Nice Price

Days on market for condos for sale has dropped from 56 to 44. It’s a very good time to consider selling your condo if you have somewhere to move to.  With oil prices

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Total sales keep rising, prices rising and days on market keep dropping. That reflects a healthy market for sellers in Calgary and area. If you're trying to find the right time to sell, right now is as good a time as any.

Sales and Prices Up

At this point it appears sales will be up slightly from last month and they're more than 18% from October of last year. Comparing to the same month last year gives us a better indication of how strong the market in Calgary really is. Active listings are down almost 20% from last October so availability is getting really tight. Agents who can create interested sellers will have a lot to offer their clients in this market.

Average price for homes sold in October was was a whopping $464,178, up almost 7% or

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