Calgary Real Estate Supply and Demand
The chart below examines the supply and demand of Homes in Calgary on Jan 14, 2017.
The supply side is Active Listings currently posted on the Calgary MLS Real Estate Board. The demand is MLS Listings sold in the past 90 days. If both numbers were equal we would have a 3 months supply of inventory or what the Calgary Real Estate Board calls a Balanced Market.
This report is a snapshot of today’s market and not an indicator of where the market is headed.
|Home Type||Active Listings||Sold Last 90 Days||Sales Per Day||Days of Inventory||Months of Inventory|
We have the same MLS Data for your style of home and area of Calgary. Looking at the chart above says it’s a terrible market for selling condo’s right now. Almost 7 months of Inventory.
Looking at the chart we see it’s a terrible market for selling condo’s right now. Almost 7 months of Inventory. But your building might be the exact opposite. The only way to know for sure is to contact Jerry Charlton Real Estate at 403 831 0842 for a free home evaluation report.