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Real Estate Blog

Calgary condoGood for the Buyer...or Is it?

With the rising cost of real estate in Calgary, it's no wonder that condominiums have become increasingly popular in the last year. In November alone, sales from Calgary condos and townhomes showed a 20% increase.

The benchmark price for a Calgary condominium is $300,700 compared to $279,600 in November 2013. Even with rising prices, a condo is still the most affordable alternative for many trying to get a foothold in the Calgary real estate market.

In an effort to continue the momentum and protect buyers in this booming market, the Alberta government is looking at introducing a new legislation - Bill 9 - the Condominium Property Amendment Act. This includes about 50 amendments to the condominium property laws in an

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Canadian economic growth is still leading in Calgary with the lure of higher salaries and job opportunities. This filters down to housing which has consistently remained strong in 2014.

Calgary Listings Fun Facts

Calgary November listing stats

Top 3 Months for Listing a Home

The top 3 months for new listings were:
May with 4,327
June with 3,815
April with 3,754

Which Months Have the Most Active Market

If you're wondering which times of the year have the most active market, the average days on the market were:
January: 40
November: 38
October: 37
September 36
August 35
July: 33
February: 30
June: 29
March: 28
May: 27
April: 27

Million Dollar Homes

We're also seeing 28% increase in home sales over $1 million dollars in November:

  • November 2013 50 homes sold over $1
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Calgary lake communities are bustling with activity during the summer months, you would think that come winter, everyone would hunker down and hibernate. That couldn't be further from the truth. In fact, some of these neighbourhoods are busier than ever in the colder season.

If you're looking for things to do, in the upcoming months and holiday season, there is plenty going on.

Arbour Lake

Light the Night: November 28, 6:30 pm

Kids Christmas Party: December 6, 1:00 to 3:00 pm SOLD OUT!

Best Decorated House Contest: December 17, 7:00 pm

Winter Programs: Assortment of winter programs including skating, curling, kids ice fishing, figure skating, hockey basics, pond hockey and power skating.

Visit to download registration

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Maybe you've considered moving to one of Calgary's lake communities, but you're not sure if it's the right fit. The timing couldn't be better. Right now we've got four great listings, each one in a separate lake community.

Please view our showcase of these lovely homes in Auburn Bay, Mahogany, Chaparral and McKenzie Lake. Then, pick up the phone and call 403-519-9102, or email and we'd be happy to arrange a tour of any, or all of these exceptional Calgary lake homes.

Chaparral: $479,900

78 Chaparral Close SE, Calgary MLS # C363750878 Chaparral Close SE | MLS #: C3637508 - view listing

This home has a fantastic location in the heart of Chaparral and close to the lake entrance! Great for families, the house has lots of living space, a great layout and plenty of storage. Some of the special

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Canadian Pacific Holiday TrainWho says Christmas has to break the bank? There are plenty of free things to do in and near Calgary, certain to put a twinkle in your holiday spirit. Many of these events are free, or require a foodbank donation. Remember to dress warm and enjoy!

Christmas Lights Downtown Walking Tour -

This is a great way to enjoy the lights of Christmas while exploring Downtown Calgary. Start off with a skate at Olympic Plaza, and continue down Stephen Avenue. Stop at CORE and take in the Devonian Gardens while warming up with a cup of hot chocolate. Continue to the McDougall Centre and finally end at Prince's Island Park.

Multi-Vendor Holiday Extravaganza - November 22 - 12:00 pm to 4:00 pm

Shop til you drop at the Copperfield Community Centre, featuring 2

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It's still a good time to sell your home as the Calgary real estate market enjoyed another brisk month in October with the second-most sales for the month in the history of the city. October saw home and condo prices go up as well.

calgary real estate market and statistics October 2014

For starters October 2014 included 2,148 total MLS sales (single-family homes, townhouses and condos), which is a whopping 10.27% increase over last October. Meanwhile in terms of home prices, Calgary's median price went up 5.33% to $430,411, with the average sale price increasing to $486,411, up 6.49% from September. The October record for sales was back in 2005, when 2,204 residences changed hands.

It's interesting the Calgary real estate market has continued to see increased sales and prices at a time of the year when

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When it comes to all things spooky, there is no shortage of awesome events going on this Halloween in Calgary. Here is a list of some of the most fun and terrifying things to do for Halloween:

Halloween events in Calgary Alberta


This annual spookfest is now held at Stampede Park, which means more room which means more ways to be scared! You'll now find multiple haunted houses such as the Madhouse, Bates Motel and the new Walking with the Dead area. You can also get into some zombie paintball and try to keep back the undead hordes. You can check out ScreamFest on Friday or Saturday night at the Grandstand Building. Note: This is not a kid-friendly event as it is scary.

Haunted Rocky Ridge Home

Since 1987, the home at 222 Rocky Ridge Bay NW has turned into one of Calgary's

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Seton ShopsLooks like Southeast Calgary is poised to become the shopping mecca for the city thanks to the massive retail development planned for the Seton area.

In a Calgary Herald article, Warren Paulsen, the vice-president of commercial for Brookield Residential - the area developer - said some 8 hectares of land will become close to 200,000 sq. ft. of shopping space. To that end, Brookfield Residential has begun its pre-leasing phase to attract tenants.

The plan is to get earth moving and break ground next spring (May 2015), with the goal being to have the retail development in Seton completed by summer 2017. In terms of shopping, the new open-concept shopping centre will feature some 20 stores ranging in size from 1,500-32,000 sq.ft.

The Seton urban

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Now that fall is here, we can take some time to reflect on a very busy August and September of real estate sales for the Calgary Home Team! Normally the Calgary real estate market slows down somewhat during the summer months, but sales remained steady this year.


The Calgary Home Team Helps Calgarians Sell Their Homes Faster

Lake Bonavista Estates Home Sold in 2 Days!

We successfully represented buyers on the sale of a $2.9 million home on the Lake Bonaventure in Lake Bonavista Estates. This particular home was only on the market for two days at the end of September and sold for $145,000 less than the asking price. We also represented our amazing clients who successfully sold the following homes:

  • Auburn Bay: 360 Auburn Bay Drive SE. Sold in 13
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Calgary real estate market: Calgary home salesAs fall continues its grip on the prairies and Halloween is quickly approaching, the Calgary real estate market is chugging along at a good pace with sales remaining strong.

Record Sales in July

The normally slower summer months weren't all that slow in the Stampede City. July was a very busy month with 2,336 units sold - a record for the month - and a benchmark housing price of $511,600 for single-family homes. New Calgary listings amounted to a total of 3,219 units, which was 144 more than July 2013. Additionally, July sales were 19% above long-term averages for the month.

Calgary Condos Rule in August

August was also busy on the Calgary real estate scene with 2,267 units sold, down slightly from July. August sales were heavily paced by

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