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Your Market Report for the past 7 days.


A variety of new properties have been listed in the last seven days, showcasing a broad price spectrum. Options include apartments priced around $250,000 and detached homes ranging from $300,000 to over $7 million, with an average price of $950,776.

Give me a call and we can chat about the current real estate market and found out what your goals are.

Gerard at 403-703-5548

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COMING SOON TO VALLEY RIDGE

Walk-out bungalow backing southwest on the 12th hole of the Valley Ridge Golf Course - offered at $1,049,000.

With almost 1900 sq ft, you will appreciate the designed living space that this home offers.  High ceilings, a gourmet kitchen, high end appliances, large island, gas fireplace in the living room, main floor laundry and office space.  Large primary bedroom with 5 piece spa like ensuite.  Lower level offers a spacious rec room with fireplace, 2 generously sized bedrooms and 5 piece bath.  

Will go live on the MLS system on Wednesday, April 23, 2025

Call today for a viewing.  Gerard at 403-703-5548

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Your Market Report for the past 7 days

The trend continues - the number of active listings increased from last week however the Calgary real estate market is projected to have increased sales, balanced market conditions (moving away from a sellers market), and moderate price growth.   Demand is expected to remain above long-term trends, supported by a growing population, employment, lower mortgage rates and a supply of new and older homes.

Record-high new construction levels are adding supply to the market, contributing to an increase in resale listings.  As more new homes are completed in 2025, the overall supply is projected to grow.  This will offer a wide range of homes for prospective buyers to choose from.  

If you are considering a ‘new build’, I can help you with that.  The builder has a professional real estate professional representing their interests; you deserve the same.

Throughout my career, I have assisted many clients through this process.  On their behalf, I have negotiated a better bottom line or purchase price with improvements and upgrades to the final purchase agreement.  

Give me a call and we can chat!

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116 Chestermere Place in Chestermere

Welcome to this stunning two-story home crafted, upgraded and meticulously maintained by the original owners. A quiet cul de sac, elegant stone exterior and lovely curb appeal along with a front porch is inviting you to relax and enjoy the view. The oversized double attached garage offers ample vehicle and storage space and is roughed in for in-floor heating. Upon entering, you are greeted by an abundance of natural light, an inviting entryway, and a beautiful staircase, all complemented by soaring ceilings. This home features upscale finishes and generous living areas, highlighted by an open-concept kitchen that seamlessly connects to the family room. Make use of the kitchen eating area for casual, quick meals, or elevate your entertaining experience in the inviting living room and dining room. This home features the added convenience of a main floor office and a laundry room conveniently situated in the mudroom next to the spacious double garage. On the upper floor, you will find 2 bedrooms that are generous in size including a 4-piece bath. The spacious primary suite is complete with a fully upgraded 4-piece ensuite and a walk-in closet. The bonus room serves as a spacious gathering area for the family, featuring large windows that allow ample natural light to flood in. The fully finished basement features a good-sized bedroom, a storage area, 3 piece bath and a rec room with pool table. The basement is roughed in for in-floor heating. This property sits on a pie-shaped lot that is fully fenced with maintenance free fencing, mature trees, underground sprinklers and boasts a large 2 tier deck perfect for outdoor entertaining. There is a double detached garage and a large RV parking pad with access to a paved back lane. Some of the recent upgrades include: New shingles and siding in 2018, a new refrigerator, washer and hot water tank in 2024, hardwood flooring, custom oversized windows and upgraded insulation package. This home is in a lovely community that offers walking/bike paths, close to park/playground, amenities and to the Chestermere Lake and golf course. Schedule a showing; you won't be disappointed.

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I SOLD the property at 66 Reunion Grove in Airdrie

Buyer Representation

Located in the community of Reunion in Airdrie. This extremely well-maintained home boasts 2008 SQFT of developed space on all three levels. The elevation is beautiful with a south exposure verandah to greet you. An open concept floor plan is with spacious 1726 SQFT on the main and upper floors. The front foyer is spacious. hardwood flooring from the family room into the dining . Family room is equipped with a gas fireplace to enjoy on colder nights. The dining room is large and can accommodate your whole family. The kitchen is perfect with ample counter and cabinet space. Large bay window to look over your backyard/porch. Build with a central vacuum system is an additional feature along with newly built double garage. The upper floor is ideal with three good sized bedrooms and one full bath and master bedroom with its own 5 piece ensuite and a walk-in closet. Upper floor is with laundry room for ease of laundry duty. The main floor with 1/2 washroom. The basement is mostly developed with a recreational room. A great storage room in the basement. Newly built double garage. This home is perfect and close to all amenities like school nearby. playground, shopping center. Make it yours this beautiful home!!!

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Your Market Report the the past 7 days.

In the Calgary real estate market over the past week, detached home prices saw a 5% increase year-over-year, while semi-detached homes saw a 4% increase, and townhouse prices decreased by 1.8%

Here's a more detailed breakdown: 

  • Detached Homes:

    The average sold price for detached homes increased by 5% compared to March 2024, reaching $839,232.

  • Semi-Detached Homes:

    The average sold price for semi-detached homes increased by 4% compared to March 2024, reaching $714,727.

  • Townhouses:

    The average sold price for townhouses decreased by 1.8% compared to March 2024, reaching $471,953.

  • Condo Apartments:

    The average sold price for condo apartments increased by 4% compared to March 2024, reaching $354,989.

  • Monthly Home Sales:

    Calgary's monthly home sales saw a 19% yearly decline, with 2,159 homes sold

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MARCH 2025 HOUSING MARKET UPDATE

April 1, 2025

Uncertainty weighing on housing market.

Ongoing economic uncertainty, driven by tariff threats, has weighed on consumer confidence and impacted housing activity in March. Sales declined by 19 per cent year-over-year, totaling 2,159 units. Sales slowed across all property types, with the steepest declines seen in higher-density segments.

“It is not a surprise to see a pullback in sales given the uncertainty,” said Ann-Marie Lurie, Chief Economist at CREB®. “However, it is important to note that sales still remain stronger than anything reported throughout 2015 to 2020, where our economy faced significant economic challenges and job loss. Nonetheless, easing demand has been met with gains in new listings and rising inventories, helping our market shift back toward balanced conditions, following four consecutive years where the market favoured the seller.”

March reported over 4,000 new listings, causing the sales-to-new-listing ratio to drop to 54 per cent, low enough to support further inventory gains. Total residential inventory levels reached 5,154 units, and the months of supply pushed up to 2.4 months. While this is a significant change from last year, with limited supply options across all property types and price ranges, conditions reflect a better balance between a seller and a buyer today. However, the market significantly varies depending on location, price point, and property type.

Improving supply has taken the pressure off home prices following the steep gains reported over the previous four years. In March, the unadjusted residential benchmark price reached $592,500, relatively stable compared to both last month and prices reported last March. Both detached and semi-detached prices remain consistent with peak prices and continue to rise, while apartment and row-style homes continue to report prices slightly lower than last year's peak.

To read the full report, go to:  https://www.creb.com/News/Media_Releases/2025/April/March_2025_stats/

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Yes, you can use a realtor to purchase a new home!

Purchasing a new home can be a meaningful and rewarding decision.  You are able to visualize your dream home and make it a reality.  Like any major purchase, it can also be overwhelming.  There are many decisions that are necessary in purchasing a new home along with the contract writing, negotiation and finalizing the deal.  All  of these transactions can be complex and must be exact in order to protect you and ensure you get exactly what you want in your home.

Having the expert knowledge and experience of a Realtor who is representing your interests can help ease the stress.  Let me act as an intermediary between the seller (the builder) and you, the buyer of the property by representing you and your interests.  The builder has a professional real estate professional representing their interests; you deserve the same.

Throughout my career, I have assisted many clients through this process.  On their behalf, I have negotiated a better bottom line or purchase price with improvements and upgrades to the final purchase agreement.  

Let me work on your behalf to get the best deal possible!

 *Note: The builder requires that your agent accompany you on your first visit to the builder’s sales office or they will not pay your representative’s fee.

 

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Your Market Stats for the past 7 days.

Each week, the number of active listings is on the rise. This trend indicates a shift towards a more balanced environment for buyers, offering them a greater variety of options that align with their preferences.

Thinking of selling?  I would suggest acting sooner than later before the spring rush.

Thinking of buying?   There are many options for you to consider in a variety of price points.

Give me a call and we can chat about your situation and the current real estate market.

Gerard at 403-703-5548

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.