How Much is a House in Calgary? 🏡 | Calgary Real Estate Update 👉🏻 March 2024

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Dive into the latest insights on Calgary's single-family home market in our newest video update! In February, the market experienced notable dynamics, with 1,195 new listings entering the fray, the majority priced over $600,000. Despite a modest increase in new listings compared to the previous month, inventory levels remain below typical February standards. However, sales surged to 954 units, marking a remarkable 20% year-over-year increase. The spike in sales, coupled with limited inventory, contributed to exceptionally tight market conditions, propelling further price growth.

Calgary Single-Family Homes Market Update: Exploring February's Dynamics and Price Trends! 🏡 Amidst record-low inventory levels, the unadjusted detached benchmark price soared to $721,300, representing a robust three percent increase from the previous month and an impressive 13% surge from last February. Notably, price gains were widespread across all districts, with the North East and East districts witnessing the most significant year-over-year appreciation. Join us as we dissect the factors driving these trends and provide valuable insights to help you navigate the dynamic landscape of Calgary's single-family home market! #CalgaryRealEstate #SingleFamilyHomes #RealEstateMarketUpdate #YYCPropertyMarket

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Calgary Realtor
🏢 eXp Realty Canada
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📱 403-561-8747

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