While seller’s market conditions persist and total inventory levels keep falling...
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Calgary, AB (PRWEB) September 06, 2013
Seller’s market conditions persist and total inventory levels keep falling.
Lots of home buyers and sellers in Calgary ask when the best time to sell a home or condo is, and should they sell their Calgary home or condo now?
Approaching the fall of 2013
Today’s Calgary Real Estate market is definitely a seller’s market. City Residential sales within Calgary totaled 2,196 units, an 27.5 percent increase over 2012 and 8.7 percent on a year-to-date basis. August 2013 new listings recorded a year-over-year improvement of 7.4 percent. While seller’s market conditions persist and total inventory levels keep falling, single-family sales totaled 1,517 units in August, a 30 percent increase over the previous year. Despite strong sales in the past couple of months, year-to-date sales activity has grown by 5.4 percent, slightly stronger than anticipated according to the Calgary Real Estate Board. If a home is priced fairly and in good condition, it should sell quickly. The inventory continues to be low and still seeing an increase in sales year over year
Over the past year, sales in Calgary have gone up as much as 10 percent in some areas. Search all Calgary and Area Real estate.
The best way to know if now is the time for to sell a home or investment property is to give Noor Shihab with Century 21 a call at 403.800.9255 or email Noor Shihab at info(at)noorshihab(dot)com
Let’s talk about a specific property and the reason why selling is important. Set up a plan that works best and sell your home.