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While overall residential sales and the average sale price for the city of Calgary dropped from June, Panorama Hills saw a modest increase in sales, and a positive increase in the price of homes selling. Over 40% of the single-family homes sold in July, achieved a selling price of between $450,000 and $550,000. This is a strong indication that the move-up market in the area is strong. As I indicated in June, with interest rates, and limited inventory, it may be some time before we see a better time to buy, or sell and move to your next house. If you are considering a move, I would be happy to help you plan a successful move.
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June 2009 |
July 2009 |
Year to Date |
| Sales |
26 |
31 |
146 |
| Average
Sale Price |
$ 458,709 |
$ 489,288 |
$ 452,942 |
| Highest
Sale Price |
$ 570,000 |
$ 668,000 |
$ 670,000 |
| Lowest
Sale Price |
$ 315,000 |
$ 296,000 |
$ 289,900 |
| Average
Days To Sell |
57 |
40 |
58 |
Sales by house style
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July 2009 |
| Style |
Low |
High |
Average |
# of Sales |
| Bungalow |
$ 440,000 |
$ 565,000 |
$ 502,500 |
2 |
| Bi-level |
----- |
----- |
----- |
0 |
| Split levels |
$ 296,000 |
$ 296,000 |
$ 296,000 |
1 |
| 2 Storey |
$ 358,000 |
$ 668,000 |
$ 492,075 |
26 |
| 2 Storey split |
$ 440,000 |
$ 633,000 |
$ 536,500 |
2 |
| Year to Date |
| Bungalow |
$ 307,900 |
$ 650,000 |
$ 458,300 |
8 |
| Bi-level |
$ 369,200 |
$ 399,000 |
$ 384,400 |
3 |
| Split Levels |
$ 296,000 |
$ 406,000 |
$ 349,750 |
4 |
| 2 Storey |
$ 289,900 |
$ 670,000 |
$ 464,842 |
129 |
| 2 Storey Split |
$ 440,000 |
$ 633,000 |
$ 536,500 |
2 |
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I understand the Panorama Hills market, and would be happy to discuss Real Estate with you.
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