September 2020 Market Update

Posted by Jared Chamberlain

september_2020_calgary_real_esate_market_updateThe Calgary Real Estate Market has seen many ups and downs this year, and even this last month. There are pockets of the city that have seen drops in their inventory while seeing an increase in their number of sales.

All the while, across the city we haven't seen prices increasing, we have seen markets change to be more of a balanced or even sellers market in some areas.

Sellers, if you are planning on listing in the coming weeks, make sure you come to market with a strong strategy and plan. Know your competition as well as what values of what is selling. Getting a stager in to help prep your home and getting high quality photos and video is key to maximizing your opportunities.

Buyers, if you are planning on buying a home in the coming weeks, talk to your agent about a multiple offer plan. In this market, you could fall in love with a home that has been on the market for a while, and decide to put in an offer. As soon as you do, there could be another buyer also interested (we've seen it happen lots in this market) and you need to have a plan to make it still a reality for you.

Here are the images of the current stats below!

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