KEN’S REAL ESTATE UPDATE FOR THE WEEK OF MAY 18-24TH 2020

Mon, 25 May by Ken MacAulay

I HOPE AL OF YOU ARE DOING WELL, STAYING HEALTHY, HELPING YOUR NEIGHBOUR, TALKING TO FAMILY & FRIENDS!

THIS WEEK IN THE YYC REAL ESTATE MARKET COMPARED TPO THE SAME WEEK LAST YEAR!

2019         2020         % CHANGE

SOLD-               430           289           -32%

NEW-                694            476           -31%

FOR SALE        7604          5834         -23%

AVG. PRICE    $485K        $426K       -12%

PENDING        91               75             -8.9%

 

AS YOU CAN SEE WE ARE NOT ANYWHERE CLOSE TO BE WHERE WE WERE LAST YEAR, DUE TO WHAT IS HAPPENING IN THE WORLD SINCE MARCH-15TH 2020. STILL THERE ARE PEOPLE WHO HAVE TO MOVE FOR ONE REASON OR ANOTHER, RETIREMENT, DIVORCE DOWNSIZING, THERE ARE STILL FAMILIES MOVING INTO THE AREA, BELIEVE IT OR NOT.

WE ARE SEEING, MORE SHOWINGS. MORE OFFERS, EVERY DAY!

SINCE THE FIRST WEEK OF MAY WE ARE UP 120 SALES / WEEK.

WE ARE GETTING MORE HITS ON:

REALTOR .CA

REMAX.CA ….WHICH IS THE 2ND MOST POPULAR REAL ESTATE SITE .

CALGARY ELITE REAL ESTATE TEAM

MORE THAN EVER, POTENTIAL BUYERS & SELLERS ARE VERY INTERESTED IN DOING SOMETHING WHEN THIS IS BEHIND US, THE PENT-UP DEMAND IS OFF THE CHARTS

PLEASE REMEMBER TO TAKE YOUR MEDS, MEDITATE, DIET, EXERCISE & SLEEP!

 

“WE ARE COMING BACK, WE WILL BE OUT OF THIS SOON, WE JUST HAVE TO STICK WITH IT”

 

TIL NEXT WEEK, BE KIND TO YOUR NEIGHBOUR, SMILE MORE & LAUGH LOUD!

Ken’s Market Update -May-6/20

Thu, 07 May by Ken MacAulay
I hope all is well with you and your family!
It looks like we will be getting some more freedom in the weeks to come..Hurrah! 
Here we are in May, can we re-start 2020 over now,? With no fires , no floods & looks like Covit-19 seem to be somewhat under control.
I believe we will see more people who are now renting turn into homeowners! 
Why?
1- They will want their own space which they won’t have to share with other renters such as in Hi-Rise apt.buildings etc.
 
2-Homes with larger lots between neighbors and those backing onto more green spaces such as Fish Creek, Strathcona, Valley Ridge, Elbow Valley & Heritage Point, etc .as well as the ravines that are scattered through the area will be more desirable ( the most showings on all my listings throughout Covit has been our listing in West Bragg Creek )
  
3-There will be more Buyers than Sellers as Sellers will not be too anxious to list just yet.
 
4-Only motivated Buyers & Sellers will be in the market as they will be more diligent in what they want and will look and want 3-D Videos, drive-byes, great pics before they proceed with a showing.
Until next time. Please contact me or follow me on Facebook, Insta & Twitter!
Please, Stay Healthy!
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.