Real Estate Blog / Data - Blog Archive: February, 2016

February 2016

Found 3 blog entries for February 2016.

(Based on 30 days back)

Active: 5114

Sold: 773

Average List Price: $469,207

Average Sale Price: $452,034

Average Days on Market: 50 Days

 The absorption rate for the City of Calgary is at 6.62% meaning we are in a buyers market. 15% of homes on the market today are expected to sell within the next 30 days and sellers are receiving 97% of asking price. 

1,390 Views, 0 Comments

 (Based on 30 days back)

Active: 336

Sold: 65

Average List Price: $375,918

Average Sale Price: $367,525

Average Days on Market: 59 Days

 The absorption rate for the City of Airdrie is at 5.17% meaning we are in a buyers market. 20% of homes on the market today are expected to sell within the next 30 days and sellers are receiving 98% of asking price. 

1,441 Views, 0 Comments

As you’re probably aware, the list price you set for your property has an impact on how quickly it sells — and how much you earn on the sale.  What you may not realize is just how significant an impact it has. Consider the following examples. 

 Example 1: You price your property well above its current market value. As a result, many buyers don’t bother to see it because it’s outside of their price range. Those who do see it are confused by the high price tag, (and may even be suspicious.) They may wonder, “What’s going on?”   In this scenario, the home will likely languish on the market for weeks or even months. You might even have to lower the price dramatically to reignite interest.

 Example 2: You price your property just a couple of percentage

1,103 Views, 0 Comments

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