Calgary is a large, modern city situated in the heart of Alberta. It provides a wide range of benefits to residents including its abundant outdoor activities, commercial opportunities, and quality public and private schools. For those hoping to sell real estate in Calgary, the good news is the market is moving along steadily and finding buyers is more than possible to do.
A few key things can help be selling points for those selling real estate in Calgary. Most people know Calgary as the center of Canada's energy industry, home of the world-renowned Calgary Stampede and just a short drive to the beautiful Rocky Mountains. It is wonderful community with an abundance of recreation, beautiful views and modern lifestyles.
As the largest city in Alberta and the 3rd largest city in Canada, the commercial opportunities are abundant. With Fish Creek park, Bow River, and nearby Rocky Mountains, Calgary is a mix of both vibrantly beautiful settings and an urban lifestyle.
Real Estate Trends in Calgary, AB
Because of its diversity and 1,240,000 people, the city of Calgary offers a wide range of real estate options for home buyers. Take a look at some key points from .
About 17,800 homes sold from January of 2016 through December of 2016.
Home sale prices rose to an average of $501,210 in June 2017 about a 3.24% increase year-over-year.
Average days on market was down from 47 days in June 2016 to 38 days in June 2017, a nearly 20% decrease in the average time to sell your home.
Calgary real estate values are growing. The area continues to remain affordable enough to attract a large number of home buyers, allowing for faster than average sale times. Depending on the location of the property, those overlooking the Bow river, Fish Creek park or those with mountain views will typically fetch significantly more than inland properties. The demand for quality properties is on the rise from locals as well as those from around the country looking for an amazing place to call home. Calgary's allure, natural beauty, and strong economic environment are all key reasons this area continues to see growth in sales.