The Calgary Market like any Real Estate Market goes with the flow of Supply & Demand. It's possible to have a Sellers Market and a Buyers Market at the same time as a Balanced Market. It just depends on what you are looking to buy or sell.
For all the current listings in Calgary - visit www.JerryCharlton.com
This report goes back over 1 year in Calgary and tracks Attached Homes, Detached Homes and Condo's on random dates.
Todays report show's overall supply at 3.67 months which isn't bad at all. But drill down and condo supply is double at 7 months and detached homes are at less than 3 months.
Over 3 Months is a Buyers Market - Under 3 Months is a Sellers Market.
And your home or the home you want to buy will be unique when compared against comparable properties.
Which makes hiring me as your Calgary Realtor a great investment!