As a mid-fall update — with just one week left in the month of November! I pulled the current Calgary MLS® System statistics a few moments ago.
It's VERY CLEAR — the annual decrease in listings for the December holiday season has already begun. If you were waiting for the best selection of homes to choose from, don't wait any longer!
So, how is the market?
Here is the breakdown as of this morning:
Total Calgary MLS® System within Calgary for residential properties for sale:
- 7,098 properties available in inventory
- 1,153 properties marked sold in the last 30 days
- That makes 6.2 MONTHS of inventory — a strong BUYERS' market
DETACHED homes:
- 3,838 properties available in inventory
- 663 properties marked sold in the last 30 days
- That makes 5.79 MONTHS of inventory — a BUYERS' market
ATTACHED homes (townhouses and 1/2 duplexes):
- 1,836 properties available in inventory
- 264 properties marked sold in the last 30 days
- That makes 6.95 MONTHS of inventory...
