Back to Blog

Calgary's real estate market is very strong with single-family house prices reaching new highs. With the number of homes being put up for sale this Spring down compared to past years, Calgary finds itself in a sellers' market. 

Our latest clients in Lake Bonavista witnessed this sellers' market first hand. We spent all day Tuesday and Wednesday getting the photos and webpages ready and listed their home for sale first thing on Thursday morning. Before we were able to move on to our next task, the phones literally started ringing at 8:02 am with showing requests and inquiries about this home. Four hours later, we were receiving calls about second showings (people wanting to come back for a second look) and the possibility of a couple of offers.

Six hours later, we received word that an offer was coming in at list price from out-of-town clients who had yet to step foot in the home but were buying it based on the online photos & information we provided and the in-person preview that their real estate agent did for them. This is but one example of the extent that buyers are willing to go to get into the Calgary real estate market nowadays.

Comments

No comments

Post Your Comment:

Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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.