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Although single-family sales in September were down from the previous month, they were up from September of 2010. Inventory has remained constant which should provide for a fairly balanced market for the remainder of 2011. When you look statistics over the last few years for both Panorama Hills, and the city of Calgary, it is easy to see the market is adjusting slowly with periods of strong activity, with property values recovering, followed by periods of adjustment, which help maintain affordability, which is a key driving force in today's Real Estate market. If you are considering a move, let my experience, professionalism, and knowledge help you get the best results. Call today for a private consultation.
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First ¾ 2008 |
First ¾ 2009 |
First ¾ 2010 |
September 2011 |
First ¾ 2011 |
| Sales |
211 |
174 |
141 |
16 |
165 |
| Average
Sale Price |
$ 501,530 |
$ 461,497 |
$ 487,477 |
$ 511,931 |
$ 497,447 |
| Highest
Sale Price |
$ 915,000 |
$ 670,000 |
$ 1,006,500 |
$ 790,000 |
$ 980,000 |
| Lowest
Sale Price |
$ 346,500 |
$ 289,900 |
$ 245,000 |
$ 398,000 |
$ 300,000 |
| Average
Days To Sell |
47 |
55 |
46 |
46 |
47 |
Sales by house style
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September 2011 |
| Style |
Low |
High |
Average |
# of Sales |
| Bungalow |
$ 670,000 |
$ 670,000 |
$ 670,000 |
1 |
| Bi-level |
----- |
----- |
----- |
0 |
| Split levels |
----- |
----- |
----- |
0 |
| 2 Storey |
$ 398,000 |
$ 790,000 |
$ 501,393 |
15 |
| 2 Storey split |
----- |
----- |
----- |
0 |
| Year to date |
| Bungalow |
$ 427,500 |
$ 676,000 |
$ 583,500 |
6 |
| Bi-level |
$ 386,000 |
$ 407,500 |
$ 396,750 |
2 |
| Split Levels |
----- |
----- |
----- |
0 |
| 2 Storey |
$ 300,000 |
$ 980,000 |
$ 494,980 |
150 |
| 2 Storey Split |
$ 460,000 |
$ 580,000 |
$ 505,328 |
7 |
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To request a more detailed Market Report please email me at paul@paulbrinton.com
I understand the Panorama Hills market, and would be happy to discuss Real Estate with you.
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