July 2013 Calgary Luxury home update

After reviewing all of the sales above $800,000 there has been a significant rise in Luxury Home sales in the Calgary area year over year 2012-2013. When looking at the history of Calgary these sale numbers rival and exceed 2006 and 2007 unit sales numbers. An interesting note is 4 properties over $4,000,000 sold last month. With a good supply of inventory above $800,000 this could be a great time to get into a Luxury home in Calgary.

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Rod Forsythe

Managing Partner // The Forsythe Group // Keller Williams // Calgary Ab Canada

403.777.1040 //  www.RodForsythe.com

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Calgary Real Estate update for April 2013 by Rod Forsythe

Rod Forsythe’s Calgary Real Estate market Update for April 2013

Calgary’s residential real estate market was more seller focused this March with 20% fewer listings available than in of March 2012. A lack of inventory tends to create a busier looking market than it actually is. Market conditions are a far cry from activity witnessed throughout the frenzy in 2006 and 2007, in fact unit sales in Calgary are still trending under the 10 year average. Homes under $500,000 are in limited supply and with the Spring in full bloom people just need to be a little patient for new listings to show up. The Luxury market in Calgary has had a hand in price increases; the plus $800,000 market is up in unit sales by a staggering 28% over this time last year. In Calgary with the snow finally leaving the ground the Spring inventory will continue to increase. April has already seen a 14% increase in new listings compared to last April. Average price increase year over year in the total Calgary real Estate Market stands at a 6.09% increase over the 2012 average price.
Rod Forsythe
Managing Partner // The Forsythe Group

Keller Williams // Calgary Ab Canada 403.777.1040

rodcforsythe@gmail.com // http://www.RodForsythe.com

#1 Keller Williams agent in Alberta 2010, 2011 & 2012. #9 Keller Williams agent in Canada 2012

You Win in Life by Helping Others!

Know of anyone looking to Sell, Buy, Invest? Let me know I can help…

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October 2012 Outlook for Calgary Alberta Real Estate by Rod Forsythe and the Calgary Real Estate Board

The population in Calgary and Alberta is growing, the oil industry is busy and the average age of a Calgarian is 15 to 20 years younger than that of Toronto or Vancouver.
There are some very good Real Estate numbers coming out of Calgary in 2012.
Luxury Home Sales over $1,000,000 are up over 8% and these sale numbers rival the boom years of 2006 and 2007.
Country Residential Property unit sales are up about 8% over last year and the prices are have come off about 4% year over Year. The average price in 2012 is $790,673 YTD down from $816,655 in 2011.
Single family homes in Calgary unit sales are up just over 8% year over year and the average benchmark price has gone up to $433,300 in 2012 from $399,700 in 2011. (This number has stayed consistent since June of 2012 when the Benchmark price was $430,800)
Condominiums have increased in value about $9000 year over year setting the new benchmark price at $279,000 in 2012. Unit sales for Condominiums have increased about 8% in 2012.
We are getting older. Yes 10,000 people a day for the next 18 years will turn 65 in North America. Mature housing will be a vibrant part of our Real Estate landscape for a longtime…
I have helped people buy and sell Calgary Real Estate since 1986. If I can be of service please contact me.
Rod Forsythe Keller Williams Real Estate Calgary Alberta Canada
403.777.1040 e-mail rod@rodforsythe.com
A special note to our American friends in the North East, We wish you well and know you will recreate your environment with patience and ease. All the Best from Calgary Alberta Canada