🍁 October Calgary Real Estate Market Update 🍁

Here’s the latest from CREB® — Calgary’s market is shifting this fall, and there’s a lot to know whether you’re buying or selling:

🏡 Benchmark Prices by Home Type:

• Detached Homes: $744,400

• Semi‑Detached: $683,100

• Row Homes: $431,200

• Condos/Apartments: $318,200

📊 Market Trends:

• Months of supply: 3.43 y/y — slightly more choice for buyers, but the market is still moving faster than last year!

• Homes are selling quicker, especially well-priced detached and semi-detached homes under ~$700K.

• Inventory is growing, but hot properties still get snapped up fast.

✨ Tips for Buyers:✅ More options, but don’t wait too long — good homes still sell quickly!✅ Get pre-approved so you can move fast when you find “the one.”✅ Keep an open mind — exploring different neighbourhoods can help you find a gem.✅ Focus on value — sometimes a row home or condo can be a better long-term investment than a pricier detached home.

✨ Tips for Sellers:🏡 Price realistically — buyers now have more choice and will notice overpriced homes.🏡 Stage your home beautifully — presentation can make all the difference.🏡 Be flexible with terms — closing dates or small extras can help your home stand out.🏡 Act fast — homes that are priced right are moving quicker than ever.

📲 Whether you’re thinking of buying, selling, or just curious about your neighbourhood, I’d love to chat! Slide into my DMs — I promise I won’t judge your Pinterest house boards 😎📩