Adam Sharek with The Calgary Real Estate Team and CIR REALTY | Bergen Springs Estates | Cabin
THE CALGARY REAL ESTATE TEAM
Calgary Real Estate and Community News
Could this possibly be the BEST Real Estate blog in Calgary? Perhaps! Either way, we sure know how to throw a good blog.
Feb. 28, 2024
Pine Ridge | Duplex
Adam Sharek with The Calgary Real Estate Team and CIR REALTY | Pine Ridge | Duplex
Posted in
Recent Sales
Feb. 28, 2024
Patterson Heights | Townhome with Downtown Calgary Views
Adam Sharek with The Calgary Real Estate Team and CIR REALTY | Patterson Heights | Townhome with Downtown Calgary Views
Posted in
Recent Sales
Feb. 28, 2024
It's Not Just Calgary's Market That's HOT!
It's Not Just Calgary's Market That's HOT!
The Real Estate market in Calgary has been pump'n, and it's no secret. However, let's shift our focus to the towns surrounding Calgary. Surprisingly, some of these neighboring towns have surpassed Calgary's benchmark pricing between 2020 and 2023, according to data from the Calgary Real Estate Board. Let's delve into the specifics! 🏡📊
Calgary Total Residential Benchmark Price 2020 vs 2023
2020: $420,700
2023: $556,983 = +24.5%
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Banff Total Residential Benchmark Price 2020 vs 2023
2020: $696,625
2023: $836,009 = +16.7%
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Canmore Total Residential Benchmark Price 2020 vs 2023
2020: $681,250
2023: $858,000 = +20.6%
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Crossfield Total Residential Benchmark Price 2020 vs 2023
2020: $365,792
2023: $481,058 = +24%
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Carstairs Total Residential Benchmark Price 2020 vs 2023
2020: $357,692
2023: $474,767 = +24.7%
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Okotoks Total Residential Benchmark Price 2020 vs 2023
2020: $419,000
2023: $572,600 = +26.8%
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Cochrane Total Residential Benchmark Price 2020 vs 2023
2020: $393,633
2023: $520,933 = +24.4%
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Airdrie Total Residential Benchmark Price 2020 vs 2023
2020: $358,267
2023: $506,300 = +29.2%
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Diamond Valley Total Residential Benchmark Price 2020 vs 2023
2020: $340,450
2023: $459,900 = +26%
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Nanton Total Residential Benchmark Price 2020 vs 2023
2020: $241,008
2023: $331,325 = +27.3%
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High River Total Residential Benchmark Price 2020 vs 2023
2020: $314,258
2023: $440,775 = +28.7%
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Didsbury Total Residential Benchmark Price 2020 vs 2023
2020: $260,675
2023: $336,917 = +22.6%
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Olds Total Residential Benchmark Price 2020 vs 2023
2020: $307,308
2023: $373,275 = +17.7%
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Strathmore Total Residential Benchmark Price 2020 vs 2023
2020: $307,233
2023: $402,850 = +23.7%
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Looking to sell? Contact us to find out what your home is worth!
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info@thecret.com
403-921-7111
Published by Adam Sharek with The Calgary Real Estate Team
Feb. 21, 2024
The Importance of a Pre-Approval in Calgary's Ultra Hot Market
Feeling the pulse of Calgary's sizzling real estate market? You're not alone! With properties flying off the shelves and prices soaring, it's crucial to be well-prepared and equipped with the right tools to land your ideal home.
As you've likely heard/noticed, competition is fierce out there, and the key to success lies in being proactive and strategic. I'm here to provide you with essential insights and support to navigate through these exhilarating yet demanding times.
The demand for homes in the Calgary area is sky-high, and with limited inventory, opportunities are fleeting. Homes are often snatched up within days, sometimes hours, of hitting the market, making it imperative to act swiftly and decisively.
We are seasoned buyers and sellers agents and well-versed in the nuances of Calgary's real estate landscape and am committed to guiding you towards success. We can help you stay ahead of the curve and secure the right property.
Getting pre-approved for a mortgage is absolutely crucial in today's competitive market. A pre-approval not only gives you a clear understanding of your budget and purchasing power but also demonstrates to sellers that you're a serious and qualified buyer. In a market where every advantage counts, having a pre-approval can make all the difference between securing your dream home and missing out.
Getting pre-approved for a mortgage is a critical step in the home-buying process. It allows you to shop with confidence, knowing exactly what you can afford, and positions you as a strong contender in the eyes of sellers. Plus, having your financing sorted out in advance puts you in a prime position to make an offer on that perfect property the moment it hits the market.
Posted in
Buying Trends
Jan. 11, 2024
SOLD 862 Nolan Hill Blvd NW
Adam Sharek with The Calgary Real Estate Team and CIR REALTY
Posted in
Recent Sales
Jan. 11, 2024
TheCRET Top 7: Reasons Why Buying a Property in the Calgary area after the Holiday Break, is a Great Idea
1. Post-Holiday Market Opportunities:
After the Christmas break, the real estate market in Calgary may experience a temporary slowdown, creating a potential buyer's market. Sellers who listed their properties before the holidays might be more motivated to negotiate, providing buyers with an excellent opportunity to secure favorable deals.
2. Lower Competition:
Many people put off major decisions, including buying a property, during the holiday season. As a result, the competition among buyers tends to decrease after the Christmas break. This can work to your advantage, allowing you to take your time, explore available options, and negotiate from a position of strength.
3. Motivated Sellers:
Some homeowners may need to sell quickly for various reasons, such as job relocations or financial considerations. After the holidays, sellers may be more motivated to close deals, providing you with the chance to negotiate favorable terms, including potential price reductions or additional perks.
4. Clearer Financial Picture:
By waiting until after the Christmas break, you may have a clearer financial picture for planning your property purchase. Holiday expenses and year-end financial assessments are complete, allowing you to better understand your budget and make informed decisions about your investment in Calgary real estate.
5. Access to Year-End Sales:
Home improvement stores and furniture retailers often have year-end sales and promotions. Buying a property after the Christmas break gives you the opportunity to take advantage of these sales to furnish and decorate your new home at a lower cost.
6. Ideal Weather for Property Inspection:
Calgary's weather can be challenging during the winter, making property inspections more difficult. Waiting until after the Christmas break allows for better weather conditions, making it easier to thoroughly inspect potential properties without the hindrance of extreme cold or snow.
7. Market Stabilization:
The post-holiday period often sees a stabilization of the real estate market. Any uncertainties or fluctuations that may have occurred during the preceding months are likely to settle, providing a more predictable environment for both buyers and sellers. This can contribute to a smoother and more confident property-buying experience.
Posted in
Buying Trends
Jan. 11, 2024
7 Reasons to Invest in The Calgary Real Estate Market in 2024
1.Thriving Economy:
Calgary has a history of being closely tied to the oil and gas industry. If the economy continues to grow and diversify, it could lead to increased job opportunities and a higher demand for real estate in the city.
2. Infrastructure Development:
Ongoing or upcoming infrastructure projects can significantly impact real estate. New developments such as transportation hubs, highways, or public spaces can enhance the overall appeal of certain neighborhoods, potentially increasing property values.
3. Green Initiatives:
With an increasing global focus on sustainability, Calgary might see a surge in green building practices and environmentally-friendly developments. These initiatives can make the city more attractive and contribute to the long-term value of real estate.
4. Cultural and Recreational Expansion:
Investments in cultural and recreational facilities, such as museums, parks, and entertainment venues, can make a city more appealing. An enriched cultural scene can positively impact the desirability of different neighborhoods.
5. Tech and Innovation Hub:
If Calgary continues to establish itself as a hub for technology and innovation, it can attract a younger demographic with higher incomes. This demographic may drive demand for modern and tech-friendly housing options, boosting the real estate market.
6. Quality of Life Improvements:
Improvements in education, healthcare, and overall quality of life can make Calgary a preferred destination for families and professionals. As a result, the demand for housing in the city may increase.
7. Government Policies and Incentives:
Keep an eye on any new government policies or incentives that may impact the real estate market positively. This could include programs promoting affordable housing, tax incentives for homebuyers, or other initiatives that make owning property more attractive.
Posted in
Buying Trends
April 5, 2022
March 2022 Market Snapshot
The March numbers are in! For the second month in a row, sales activity not only reached a monthly high but also hit new all-time record highs for any given month. Gains occurred across all property types as they all hit new all-time record highs. #buysellinvest #askthecret #thecalgaryrealestateteam #yyc #alberta
Posted in
Market Snapshots
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