CALGARY | THE SELLERS MARKET

WHAT IS A SELLERS MARKET IN ALBERTA

It occurs when demand for homes exceeds the available supply, giving sellers an advantage in negotiations. This typically results in higher home prices, quicker sales, and fewer conditions on offers.

Indicators of a Seller’s Market in Calgary:

1. Low Inventory: A months-of-supply ratio below 3 months generally indicates a seller’s market.
2. Rising Home Prices: Increased competition among buyers often leads to price appreciation.
3. Multiple Offers: Many homes receive multiple bids, sometimes selling above the asking price.
4. Faster Sales: Homes spend fewer days on the market due to high demand.

WHAT ARE THE CURRENT CONDITIONS

To determine if Calgary is currently in a seller’s market, we’d look at inventory levels, sales-to-new-listings ratios, and pricing trends. Do you want a real-time update on Calgary’s current market status? I can look up the latest stats.

 For Expert Guidance in navigating the Calgary Sellers Market, consider reaching out to Stewart J. Lowe, an award-winning realtor with over 23 years of experience. In 2010, he became a Certified Guild Member of The Institute for Luxury Home Marketing, recognized for his proven sales and exceptional client service. Stewart is known for his friendly, warm, and professional approach, ensuring a seamless real estate experience. Why not request a no-obligation Marketing Consultation

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Achieving Guild Recognition 

***As a Guild Member of The Institute for Luxury Home Marketing™ Team Leader Stewart J Lowe is part of an International Network of Real Estate Professionals who specialise in the Luxury Market. With the back-up of the Institute it makes sense for us to represent you, why not request a no obligation Marketing Consultation!