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Calgary Real Estate Resource Blog

The Calgary Real Estate Resource Blog is were Calgary Realtor Nevin Van Nest comments on Calgary real estate market conditions, trends and what's happening in the housing industry in general.

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2 Story For Sale in Country Hills Village

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• 1,280 sq. ft., 3 bath, 3 bdrm 2 story - MLS® $339,900 CAD

 -  Excellent West facing 1280 sq/ft townhouse with single attached garage in the popular Lighthouse Landing close to schools, transit, airport, shopping, markets etc. Unit boasts an open floor plan with 3 large bedrooms,3 baths including ensuite, large walk-in closet, and basement open for development. Premium upgrades are evident throughout and include espresso maple cabinets and maple floors, ceramic tile, extra large pantry,breakfast bar/nook and darker paint tones. All the upgrades truly make this a warm and cozy place to call home. Patio doors lead to a private 8x10 east facing deck with natural gas BB-Q hook up, a perfect place for enjoying the morning sun or a BB-Q in the evening. The garage is insulated and drywalled. Shows like a new unit. To view this great townhome please call your Realtor today.

Property information

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Calgary real estate market: Week in Review for June 2 -6 2008

Total listing inventory was at 10,527 with 7,163 being single family homes and 3,364 being condo listings. The average sale price of a single family home was $487,820 and condos came in at $312,097.

Please note:  These averages do not indicate the average sale price of Calgary real estate.  Just the average for the week mentioned.

Totals for June 2 - 6 2008

Listing Inventory = 10,527

Single Family Home Sales = 268

Condo Sales = 117

Pending Sales = 473

Expired / Terminated Listings = 220

SOLD data for Single Family Homes in Calgary for June 2 - 6 2008

Average Calgary Single Family Home Sales Price June 2 - 6 2008

 

SOLD data for Condos in Calgary for June 2 - 6 2008

Average Calgary Condo Sales Price June 2 - 6 2008

Nevin Van Nest . Realtor . Royal LePage Foothills

Your Calgary Real Estate Expert

 

by Nevin Van Nest | 0 Comments

Calgary real estate market: Week in Review for May 26-30 2008

This week is very much the same storey as last.

The average sale price of a single family home in Calgary was $458,555 and condos came in at $305,891.

Please note:  These averages do not indicate the average sale price of Calgary real estate.  Just the average for the week mentioned.

Totals for May 19 - 23 2008

Single Family Home Sales = 272 (Little Better than last week..... but not much)

Condo Sales = 124 (Twenty Six Sales better than last week)

Pending Sales = 472

Expired / Terminated Listings = 368

SOLD data for Single Family Homes in Calgary May 26th - 30th 2008

Average Calgary Single Family Home Sales Price May 26 - 30 2008

SOLD data for Condos in Calgary May 26th - 30th 2008

Average Calgary Condo Sales Price May 26 - 30 2008

Nevin Van Nest . Realtor . Royal LePage Foothills

Your Calgary Real Estate Expert

by Nevin Van Nest | 0 Comments

Calgary real estate market: Week in Review for May 19-23 2008

This week has followed a similar trend to last week with listing inventory remaining almost the same and sales of single family homes and condos following very closely to last weeks numbers.  My estimate last week on there being less sale was also correct since there were less pending sales the week before. Here are the stats.

This week the average sale price of a single family home was $468,503 and condos came in at $314,877.

Please note:  These averages do not indicate the average sale price of Calgary real estate.  Just the average for the week mentioned.

Totals for May 19 - 23 2008

Listing Inventory = 10,323

Single Family Home Sales = 236 (Low)

Condo Sales = 98 (Very Low)

Pending Sales = 472

Expired / Terminated Listings = 232

SOLD data for Single Family Homes in Calgary May 19th - 23rd 2008

Calgary Average Single Family Home Sales Price May 19 - 23 2008

SOLD data for Condos in Calgary May 19th - 23rd 2008

Calgary condo Average Sales Price May 19 - 23 2008

Nevin Van Nest . Realtor . Royal LePage Foothills

Your Calgary Real Estate Expert

by Nevin Van Nest | 0 Comments

35-275 Woodridge Dr. S.W. in Woodlands is Sold!

Sold

Woodlands, Calgary  -  The 2 story at 35-275 Woodridge Dr. S.W. has been sold.

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Calgary real estate market: Week in Review for May 12-16 2008

Listing inventory has remained relatively close to last week, but for those of you that like stats we did see an increase of a whopping 64 listings to a total of 10,510. Single family homes represent 7,169 listings and condo listings total 3,341.

SOLD listings this week reached 373 which is 16 lower than last week. Breaking the total down, 245 of the those sales were single family homes and 128 were condo sales. The pending numbers this week are down substantially to 196 from 560 the week before. Not so good! That probably means next week we are going to see an even lower number of firm sales.  I will keep you posted.

Below is the SOLD data for May 12 - 16 2008.  This week the average sale price for a single family home was $499,490 and the average condo sale price was $299,510.

Please note:  These averages do not indicate the average sale price of Calgary real estate.  Just the average for the week mentioned.

SOLD data for Single Family Homes in Calgary May 12th - 16th 2008

SOLD data for Single Family Homes in Calgary May 12th - 16th 2008

SOLD Data For Condominiums in Calgary May 12th - 16th 2008

SOLD Data For Condominiums in Calgary May 12th - 16th 2008

Nevin Van Nest . Realtor . Royal LePage Foothills

Your Calgary Real Estate Expert

by Nevin Van Nest | 0 Comments

Calgary real Estate Market: Week in Review for May 5-9 2008

This is my first week in review posting & hopefully there will be many more to come.  There is a whole lot of data to collect to produce this posting so over time I am sure I will fine tune it into a more logical reading ,weekly posting that everyone can enjoy and gain from. You will have to bear with me as we work through the fine tuning.

In the past couple weeks we have been seeing residential listing inventory levels drop but sales are remaining relatively low. Why are the inventory levels dropping but the sales are still low you may ask? I suspect a large part of the decrease is coming from listings that are expiring or that have been terminated.  I really believe there is a large number of speculators out there that got caught in the heat of the market and are now realizing they are not going to receive what they expected for their properties, and are now reducing them so they will sell or taking them off the market and renting them out.  Just in the past two weeks alone 893 listings have expired  or have been terminated.  Does this mean the market is heading towards a balance?  We will all have to keep watching the numbers over the next few weeks to find out.

Right now we are currently sitting at 10,446 active listing on the market with 7,089 of those being single family homes and 3,357 being condominiums. In the month of April we were sitting at 11,008  active listings in the same week. This week of May 5th - 9th a total of 389 properties sold with 285 of those being single family homes and the other 104 being condominiums. What is really interesting is there were 560 residential listing that went pending this week.

A lot of the Realtors I have been talking to are saying we might just skip over the busy spring market this year due to the high listing inventory.  However if  the pending sales turn into SOLDS and the expired listings keep dropping off the market we might see a spring market in the summer.  Who really knows through...right? Like any market it can change very quickly.

Below is the SOLD data for Calgary Metro for May 5th - 9th . As you will see the average Single family home sale this week was $498,897 and the average Condominium sale was $349,172. Please note: These numbers to not imply the average Calgary single family home or condo sale price .  Just the average in the week it was posted.

 

Single Family Sales Data for May 5 - 9 2008

Single Family Sale May 5 - 9 2008

Condominium Sales Data For May 5 - 9 2008

Condo Sales Data for may 5- 9 2008

Nevin Van Nest . Realtor . Royal LePage Foothills

Your Calgary Real Estate Expert

 

by Nevin Van Nest | 0 Comments

YTD 2007 - Single Family - Community Stats - S.E. Calgary - Zone D

Here you will find a great break down of the SE communities and neighbourhoods average and median sales statistics for 2007. Enjoy!!

These statistics cover homes in the following Calgary neighbourhoods:

Acadia, Auburn Bay, Chaparral, Copperfield, Cranston, Deer Ridge, Deer Run, Diamond Cove, Douglas Ridge Douglasdale, Douglasdale Estates, Douglasglen, Fairview, Highfield, Inglewood, Lake Bonavista, Lake Bonavista Downs, Lake Bonavista Estates, Lynnwood Riverglen, Maple Ridge, McKenzie Lake, McKenzie Towne, Midnapore, New Brighton, Ogden Lynnwd Millcan, Parkland, Queensland, Ramsay, Riverbend, Sundance, Willow Park Estates, Willow Park

Statistics courtesy of the Calgary Real Estate Board.

Nevin Van Nest
Your Calgary real estate expert

 

Community

Inventory

Sales

Added

Avg Sales Price

Median Sales Price

Avg Days On Market

Acadia-215

24

100

176

$400,539

$396,000

33

Auburn Bay-365

27

81

165

$514,634

$485,000

39

Chaparral-280

52

259

446

$500,364

$473,000

35

Copperfield-355

44

225

381

$408,044

$399,900

34

Cranston-360

74

332

628

$435,095

$410,000

33

Deer Ridge-265

9

48

84

$362,928

$343,000

28

Deer Run-270

10

106

152

$398,547

$375,000

32

Diamond Cove-252

2

8

19

$542,487

$519,900

30

Douglas Rdg_Dglsdale-330

8

52

88

$423,380

$420,000

32

Douglasdale Estates-325

25

151

241

$511,297

$476,000

36

Douglasglen-320

7

74

100

$418,013

$419,900

31

Fairview-210

5

42

67

$395,328

$390,000

28

Highfield-205

 

 

3

 

 

 

Inglewood-200

28

50

115

$504,968

$438,000

34

Lake Bonavista-235

13

86

146

$523,298

$505,000

26

Lk Bonavista Downs-245

7

25

39

$390,518

$393,000

22

Lk Bonavista Estates-240

4

27

71

$955,874

$811,500

42

Lynnwood_Riverglen-300

3

34

41

$355,441

$340,000

25

Maple Ridge-230

8

26

53

$481,582

$465,000

26

McKenzie Lake-335

56

303

520

$488,420

$405,000

30

McKenzie Towne-345

80

532

756

$395,925

$376,000

33

Midnapore-255

15

94

137

$382,363

$360,000

27

New Brighton-350

33

138

229

$436,986

$435,000

35

Ogden_Lynnwd_Millcan-305

16

92

146

$310,770

$312,500

25

Parkland-260

9

56

88

$527,718

$498,000

36

Queensland-250

9

80

127

$341,539

$354,000

36

Ramsay-202

9

41

94

$508,658

$410,000

25

Riverbend-310

13

156

232

$404,467

$393,500

26

Sundance-275

19

162

268

$460,467

$455,000

29

Willow Park Estates-225

3

28

52

$838,728

$785,000

34

Willow Park-220

1

43

69

$455,904

$448,000

26

 

To view additional Calgary Community Statistics please click HERE.

If you have any questions or comments feel free to let me know.  You can either email me or post your comments to the blog.  I would be glad to respond either way.

 

Nevin Van Nest . Realtor . Royal LePage Foothills

 

by Nevin Van Nest | 0 Comments

YTD 2007 - Single Family - Community Stats - S.W. Calgary - Zone C

 

 Here you will find a great break down of the SW communities and neighbourhoods average and median sales statistics for 2007. Enjoy!!

These statistics cover homes in the following Calgary neighbourhoods:

Altadore River Park, Aspen Woods, Bankview, Bayview, Bel Aire, Braeside Est, Bridlewood, Britannia, Canyon Meadows Estates, Canyon Meadows, Cedarbrae, CFB Lincoln Park, Chinook Park, Christie Park Estate, Cliff Bungalow, Coach Hill, Connaught, Cougar Ridge, Crestmont, Discovery Ridge, Eagle Ridge, Elbow Park Glencoe, Elboya, Erlton, Evergreen, Glamorgan, Glenbrook, Glendle Meadows, Haysboro, Kelvin Grove, Killarney Glengarry, Kingsland, Lakeview Village, Lakeview, Lower Mount Royal, Mayfair, Meadowlark Park, Millrise, Mission, Mount Royal, North Glenmore, Oakridge Estates, Oakridge, Palliser, Parkhill Stanley Park, Prominence Patterson, Pump Hill, Richmond Hill, Richmond Park Knob Hill, Rideau Park, Rosscarrock, Roxboro, Rutland Park, Scarboro, Shaganappi, Shawnee Slopes, Shawnessy, Signature Park, Signal Hill Sienna Hill, Silverado, Somerset, South Calgary, Southwood, Springbank Hill, Spruce Cliff, Strathcona Park, Sunalta, The Slopes, Upper Scarboro, Victoria Park, West Springs, Westgate, Wildwood, Windsor Park, Woodbine, Woodlands

 

Statistics courtesy of the Calgary Real Estate Board.

Nevin Van Nest
Your Calgary real estate expert

 

Community

Inventory

Sales

Added

Avg Sales Price

Median Sales Price

Avg Days On Market

Altadore River Park-019

41

176

298

$709,073

$620,000

28

Aspen Woods-073

47

82

279

$925,335

$675,000

48

Bankview-015

23

41

116

$612,463

$588,750

40

Bayview-129

1

8

12

$1,233,062

$842,000

45

Bel Aire-110

4

4

12

$1,946,250

$1,400,000

52

Braeside Braesde Est-135

11

42

97

$417,930

$414,000

31

Bridlewood-161

45

431

602

$396,813

$390,000

32

Britannia-105

4

10

20

$1,783,990

$1,665,000

46

Canyon Mdws Estates-127

5

30

63

$767,110

$730,000

33

Canyon Meadows-125

10

63

103

$409,330

$410,000

31

Cedarbrae-145

5

108

158

$354,493

$352,000

35

CFB Lincoln Park-024

6

18

46

$641,225

$630,000

52

Chinook Park-117

4

15

41

$679,600

$610,000

34

Christie Park Estate-052

3

17

33

$805,205

$825,000

26

Cliff Bungalow-004

4

15

35

$912,426

$815,000

48

Coach Hill-049

5

30

48

$565,790

$532,000

28

Connaught-003

1

2

7

$812,500

$650,000

6

Cougar Ridge-071

39

180

318

$531,893

$505,400

33

Crestmont-081

16

43

88

$588,658

$575,000

46

Discovery Ridge-070

18

76

154

$903,479

$835,000

33

Eagle Ridge-119

2

4

9

$1,475,499

$1,400,000

51

Elbow Park Glencoe-005

20

63

129

$1,354,619

$1,122,500

34

Elboya-103

7

27

67

$916,074

$743,500

4

Erlton-101

4

12

26

$540,200

$430,000

46

Evergreen-157

80

477

729

$437,790

$415,000

37

Glamorgan-045

7

54

79

$462,232

$456,450

30

Glenbrook-043

7

73

112

$461,668

$463,000

33

Glendle Glendle Mdws-041

5

45

66

$498,671

$488,000

36

Haysboro-121

17

103

174

$434,620

$425,000

30

Kelvin Grove-115

3

9

17

$902,722

$797,000

19

Killarney Glengarry-027

34

111

242

$550,792

$525,000

33

Kingsland-113

9

26

56

$451,734

$437,000

35

Lakeview Village-033

 

10

14

$1,494,750

$1,222,000

22

Lakeview-031

10

71

106

$508,605

$498,000

36

Lower Mount Royal-010

2

9

14

$1,189,666

$1,200,000

61

Mayfair-111

1

12

15

$869,641

$843,700

44

Meadowlark Park-109

4

12

36

$710,916

$525,000

42

Millrise-153

24

138

223

$400,099

$390,000

31

Mission-014

1

4

7

$673,725

$649,900

46

Mount Royal-007

21

46

115

$1,672,521

$1,500,000

61

North Glenmore-022

3

35

47

$582,237

$480,000

37

Oakridge Estates-141

3

18

29

$635,398

$615,000

33

Oakridge-143

7

51

86

$449,925

$442,000

27

Palliser-133

 

19

30

$515,121

$520,000

21

Parkhill Stanley Prk-104

6

36

79

$714,694

$560,000

48

Prominence Patterson-047

5

20

68

$949,485

$922,500

44

Pump Hill-131

6

14

39

$986,942

$890,000

47

Richmond Hill-057

15

67

128

$522,119

$515,000

33

Richmond Park Knobhl-029

42

113

254

$673,035

$610,000

43

Rideau Park-102

1

3

13

$1,761,666

$1,050,000

15

Rosscarrock-037

15

24

72

$490,879

$480,000

32

Roxboro-100

2

4

10

$1,657,500

$1,475,000

38

Rutland Park-028

1

17

33

$499,161

$481,000

36

Scarboro-011

5

16

46

$1,163,587

$999,900

37

Shaganappi-025

5

21

52

$548,895

$500,000

32

Shawnee Slopes-151

15

64

147

$629,325

$595,000

40

Shawnessy-155

26

198

307

$396,012

$395,000

32

Signature Parke-055

9

45

85

$670,298

$643,000

32

Signl Hll Sienna Hll-053

9

73

133

$673,344

$640,000

31

Silverado-165

43

53

165

$463,582

$429,000

45

Somerset-159

20

215

315

$415,712

$419,900

28

South Calgary-017

21

81

159

$639,237

$610,000

42

Southwood-123

9

83

131

$389,331

$385,750

31

Springbank Hill-065

56

183

381

$745,298

$610,000

42

Spruce Cliff-023

5

14

32

$496,413

$459,000

29

Strathcona Park-051

19

112

213

$611,498

$585,000

31

Sunalta-009

5

14

40

$553,700

$539,900

40

The Slopes-067

1

6

16

$1,169,833

$1,350,000

66

Upper Scarboro-013

1

11

23

$906,227

$861,000

38

Victoria Park-008

6

 

6

 

 

 

West Springs-075

34

135

280

$601,866

$549,750

30

Westgate-039

10

38

66

$472,558

$452,000

39

Wildwood-035

14

41

82

$618,797

$560,000

36

Windsor Park-107

14

25

61

$554,276

$549,900

50

Woodbine-147

24

152

288

$463,580

$429,000

34

Woodlands-139

14

89

138

$453,561

$435,000

38

 

To view additional Calgary Community Statistics please click HERE.

If you have any questions or comments feel free to let me know.  You can either email me or post your comments to the blog.  I would be glad to respond either way.

 

Nevin Van Nest . Realtor . Royal LePage Foothills

by Nevin Van Nest | 0 Comments

YTD 2007 - Single Family - Community Stats - N.E. Calgary - Zone B

Here you will find a great break down of the NE communities and neighbourhoods average and median sales statistics for 2007. Enjoy!!

These statistics cover homes in the following Calgary neighbourhoods:

Abbeydale, Albert Park, Applewood, Castleridge Estates, Castleridge, Coral Springs, Dover Glen, Dover, East Mayland Heights, Erinwoods, Falconridge, Fonda, Forest Heights, Forest Lawn, Marlborough Park, Marlborough, Martindale, Mayland Heights, Monterey Park, Penbrooke, Pineridge, Radisson Heights, Rundle, Saddle Ridge Stoney Ind, Saddleridge, Southview, Taradale, Temple, Vista Heights, West Dover, Whitehorn.

Statistics courtesy of the Calgary Real Estate Board.

Nevin Van Nest
Your Calgary real estate expert

 

Community

Inventory

Sales

Added

Avg Sales Price

Median Sales Price

Avg Days On Market

Abbeydale-664

18

135

193

$312,642

$306,000

30

Albert Park-730

4

29

58

$369,925

$360,000

30

Applewood-768

16

113

170

$365,974

$362,000

33

Castleridge Estates-678

3

12

27

$397,091

$390,000

32

Castleridge-676

10

142

202

$312,518

$310,000

31

Coral Springs-688

12

75

142

$494,523

$500,000

37

Dover Glen-736

9

43

70

306,099

$310,000

22

Dover-738

9

68

96

$280,928

$278,000

29

East Mayland Heights-604

2

13

33

$366,076

$361,000

30

Erinwoods-740

19

145

237

$323,833

$323,500

34

Falconridge-680

33

200

329

$306,477

$306,000

30

Fonda-726

10

31

53

$283,880

$275,000

32

Forest Heights-762

9

40

66

$302,288

$306,000

29

Forest Lawn-764

22

86

146

$316,872

$315,000

34

Marlborough Park-662

17

119

190

$348,491

$352,000

30

Marlborough-660

23

129

196

$347,894

$353,500

28

Martindale-682

32

421

651

$337,962

$331,140

30

Mayland Heights-600

10

44

68

$412,229

$400,000

29

Monterey Park-670

28

172

274

$384,000

$369,000

35

Penbrooke-766

29

15

234

$297,967

$310,000

32

Pineridge-668

16

132

212

$326,607

$334,000

31

Radisson Heights-728

8

26

60

$325,365

$314,000

31

Rundle-666

17

109

173

$359,326

$365,000

28

Saddle Ridge_Stoney Ind-625

 

1

1

$379,000

$379,000

2

Saddleridge-645

74

415

665

$392,379

$377,000

33

Southview-732

2

18

30

$363,433

$365,000

24