Find out how much your current home is worth in today's market
Local market Conditions can affect the sale of your home. Understanding the current real estate trend can assist you in making decisions while selling your home. We can set up an email showing you relevant activity in your neighbourhood with our complimentary Market Snapshot. There are three market states:
When there are more homes on the market than there are buyers.
In this type of market, buyers will spend more time looking for homes. There are more homes on the market, giving the small number of potential buyers more to choose from. The prices of homes can be stable or perhaps dropping. Seller's will find that buyers have stronger leverage when negotiating.
There are more buyers than there are homes for sale.
With fewer homes on the market and more buyers, homes sell quickly in a seller's market. Prices of homes are likely to increase, and there are more likely to be multiple offers on a home. Multiple offers give the sellers negotiating power, and conditional offers may be rejected.
There are about the same amount of homes for buyers & sellers.
There is equal competition between buyers and sellers. This means that there are reasonable offers given by buyers, and homes sell within a reasonable time. With less tension between buyer and seller the prices of homes remain stable.
For Expert Guidance in navigating the Calgary Real Estate Market, reach out to Stewart J. Lowe, an award-winning Realtor with over 23 years of experience. Recognised in 2010 as a Certified Guild Member of The Institute for Luxury Home Marketing, Stewart has a proven track record in high-end real estate sales and exceptional client service.
With a friendly, professional, and client-focused approach, Stewart ensures a seamless and rewarding real estate experience. Why not Request a no-obligation Marketing Consultation today and take the next step toward finding your dream home.
GLOBAL & LOCAL REACH
Achieving Guild Recognition
***As a Guild Member of The Institute for Luxury Home Marketing™ Team Leader & CEO Stewart J Lowe is part of an International Network of Real Estate Professionals who specialise in the Luxury Market. It makes sense for us to represent you, why not request our no obligation Marketing Consultation..
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