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City

Select a City: No Preference Airdrie Black Diamond Bragg Creek Calgary Cochrane Heritage Pointe Okotoks Out of Province Priddis Priddis Greens Rural Foothills M.D. Rural Rocky View MD Choose a property type: Single Family Condo / Townhouse Rural

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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Subdivision

Enter a Subdivision:

Choose a property type: Single Family Condo / Townhouse Rural

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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Quadrant

Select a Quadrant: No Preference NW SW SE NE Choose a property type: Single Family Condo / Townhouse Rural

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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Address

Search Street Address: Choose a property type: Single Family Condo / Townhouse Rural

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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MLS®

Enter MLS® Number: MLS® Number: MLS® Number: MLS® Number:

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Map

Select a Starting Point: No Preference Abbeydale Acadia Albert Park Altadore_river Park Applewood Arbour Lake Aspen Woods Banff Trail Bankview Bayview Beddington Bel Aire Bowness Braeside_braesde Est Brentwood_calg Briar Hill Bridgeland Bridlewood Britannia Cambrian Heights Canyon Mdws Estates Canyon Meadows Capitol Hill Castleridge Cedarbrae Cfb Lincoln Park Chaparral Charleswood Chinook Park Christie Park Estate Citadel Cliff Bungalow Coach Hill Collingwood Connaught Copperfield Coral Springs Cougar Ridge Country Hills Country Hills Village Coventry Hills Cranston Crescent Heights Crestmont Dalhousie Deer Ridge Deer Run Diamond Cove Discovery Ridge Douglas Rdg_dglsdale Douglasdale Estates Douglasglen Dover Dover Glen Downtown Downtown East Village Downtown West End Eagle Ridge East Mayland Heights Eau Claire Edgemont Elbow Park_glencoe Elboya Erinwoods Erlton Evanston Evergreen Fairview Falconridge Fonda Forest Heights Forest Lawn Glamorgan Glenbrook Glendle_glendle Mdws Greenview Hamptons Harvest Hills Hawkwood Haysboro Hidden Valley Highfield Highland Park Highwood Hillhurst Huntington Hills Inglewood Kelvin Grove Killarney_glengarry Kingsland Lake Bonavista Lakeview Lakeview Village Lincoln Park Lk Bonavista Downs Lk Bonavista Estates Lower Mount Royal Lynnwood_riverglen Macewan Glen Manchester Maple Ridge Marlborough Marlborough Park Martindale Mayfair Mayland Heights Mckenzie Lake Mckenzie Towne Meadowlark Park Midnapore Millrise Mission Monterey Park Montgomery Mount Pleasant Mount Royal New Brighton North Glenmore North Haven Oakridge Oakridge Estates Ogden_lynnwd_millcan Palliser Panorama Hills Parkdale Parkhill_stanley Prk Parkland Penbrooke Pineridge Point Mckay Prominence_patterson Pump Hill Queensland Radisson Heights Ramsay Ranchlands Ranchlands Estates Redcarpet_mountview Renfrew_regal Terrace Richmond Hill Richmond Park_knobhl Rideau Park Riverbend Rocky Ridge Ranch Rosedale Rosemont Rosscarrock Roxboro Royal Oak Rundle Rutland Park Saddleridge Sandstone Scarboro Scenic Acres Shaganappi Shawnee Slps_evergreen Est Shawnessy Signature Parke Signl Hll_sienna Hll Silver Springs Somerset South Calgary Southview Southwood Springbank Hill Spruce Cliff St Andrews Heights Strathcona Park Sunalta Sundance Sunnyside Symons Valley Taradale Temple The Slopes Thorncliffe Tuscany Tuxedo University Heights Upper Scarboro Valley Ridge Varsity Acres Varsity Village Victoria Park Vista Heights West Dover West Hillhurst West Springs Westgate Whitehorn Wildwood Willow Park Willow Park Estates Windsor Park Winston Heights_mountview Woodbine Woodlands Choose a property type: Single Family Condo / Townhouse Rural

What is your price range? No Minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000 No Maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Number of rooms required? Beds 1 2 3 4 5 6 7 8+ Baths 1 2 3 4 5 6 7 8+

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All Blog Entries by Jim Sparrow

RBC Housing Affordability Measures 101

Monday, November 28th, 2011 at 4:29pm. 2655 Views, 9 Comments.

Lately the news has been flooded with articles about the affordable housing market in Alberta. All this excitement was the result of the release of the RBC November report on Housing Trends & Affordability.

You may have heard Alberta had the lowest affordability measures of all the provinces in Canada:

• Detached bungalow: 32.8%
• Standard two-storey: 36.0%
• Standard condominium: 21.3%

Calgary housing affordability was slightly higher than the provincial numbers but "continues to be one of the most affordable major cities in the country": 

• Detached Calgary bungalow: 37.6%
• Standard Calgary two-storey: 38.2%
• Standard Calgary condominium: 23.2%

This sounds great, but what exactly does it all mean? Where do these numbers come from?

What is the "Housing Affordability Index"?

Where Calgary Wealth Buys Real Estate

Thursday, November 17th, 2011 at 12:57pm. 3039 Views, 1 Comments.

Where Do Calgary's Wealthy buy Homes?

 

Where do Calgarian's with high net-worth buy property in the city? Overwhelmingly it seems in Southwest Calgary Neighbourhoods:

• two-thirds (68%) of Calgary luxury sales are in SW Calgary
• one-quarter (24%) of Calgary luxury sales are in NW Calgary
• one-tenth (9%) of Calgary luxury sales are in SE Calgary
• Notably, there have been no million dollar+ sales in NE Calgary year-to-date

There have been 417 "million dollar+ sales" year to date in metro Calgary. This number represents the highest percentage of luxury sales to total metro sales recorded in any of the past 5 years:

• 2011: 417 luxury sales out of a total 16,922 metro sales = 2.46% *year-to-date*
• 2010: 367 luxury sales out of a total 17,271 metro sales = 2.12%
• 2009: 340…

Strong Price Growth Predicted for Calgary Real Estate

Monday, November 7th, 2011 at 5:55pm. 3818 Views, 1 Comments.

 "Pay attention. Something's happening here" is what Don R Campbell, well known Vancouver author & president of the Real Estate Investment Network says about the Calgary real estate market.

Campbell is paying attention to the reports coming out showing positive economic news for Alberta and Calgary. Good economic growth. In-migration levels rising. And employment growth leading the way in Canada.

Campbell has long held the view that real estate booms are preceded by predicable market cycles. Initially a market sees GDP & job growth, followed by an inflow of population. This is followed by increased rental demand coupled with decreased vacancies & rising rents, and ultimately rising purchase demand for home & condos and increased property prices. 

"A real…

Calgary Real Estate Stats: October 2011

Wednesday, November 2nd, 2011 at 9:55am. 1294 Views, 0 Comments.

Calgary Real Estate: October 2011 Market Review

•  SF Calgary MLS® sales for the month of October 2011 showed an 11.5% increase over October 2010.
• Average sale price for Calgary homes was $455,247, a 2.3% increase over Oct 2010.
• Median sale price for Calgary homes was $395,000, a 1.5% increase over Oct 2010.
• Average days on market (DOM) for SF Calgary home sales in October was 52 days

• Calgary MLS® condo sales also were much stronger, with 20.2% more condo units selling last month vs October 2010.
• Average sale price for Calgary condos was $282,743, a 1.8% decrease over from Oct 2010
• Median sale price for Calgary condos rose 2.0% from the October 2010 level
• Average days on market (DOM) for Calgary condos was 57 days

 Calgary Real Estate Prices: October 2011 

Calgary Property Assessments: Fact or Fiction?

Friday, October 21st, 2011 at 5:53pm. 3605 Views, 9 Comments.

Calgary Property Assessments: Fact or Fiction?

 You're considering selling your Calgary home, and after speaking with your neighbours you decide to check the city of Calgary's Property Assessement webpage. You're pleased by the results - they confirm what you thought your property is worth.

What if I told you that more often than not, the assessed value that the City of Calgary has you paying taxes on is higher, occasionally by as much as 20% or more than the current market value of your Calgary home?

I randomly chose 15 Calgary properties that have sold this month (October 2011) in all price ranges and compared their sale prices to the posted assessed values on the city's website. The results are shown in the table below. Due to privacy laws I'm not allowed…

Calgary Real Estate Stats: September 2011

Saturday, October 15th, 2011 at 4:21pm. 856 Views, 0 Comments.

Calgary Real Estate: September 2011 Market Review

•  SF Calgary MLS® sales for the month of Sept 2011 showed a 10.7% increase over Sept 2010.
• Average sale price for Calgary homes was $466,167, a 1.3% increase over Sept 2010.
• Median sale price for Calgary homes was $400,000, a 2.6% increase over Sept 2010.
• Average days on market (DOM) for SF Calgary homes was 48 days

• Calgary MLS® condo sales also were much stronger, with 16.9% more units selling last month vs Sept 2010.
• Average sale price for Calgary condos was $299,315, a 5.4% increase over the same month last year.
• Median sale price for Calgary condos actually fell 1.9% from the Sept 2010 level.
• Average days on market (DOM) for Calgary condos was 58 days

 Calgary Real Estate Prices: September 2011

Calgary Real…

What are Calgary's Most Expensive Communities

Saturday, February 19th, 2011 at 9:13pm. 6875 Views, 11 Comments.

What are Calgary’s Most Expensive Communities?

Do you live in one of Calgary’s seven most expensive communities?

We thought it would be fun to share the seven Calgary communities with the highest median single family real estate assessments (averaged for the entire community).

All seven communities are located in SW Calgary:

 

#7: Britannia

Coming seventh on the list this year is Britannia; Median community assessed value of $1,185,000 (down 0.8% from last year).

#6: Elbow Park:

In sixth place is Elbow Park; Median assessed value of $1,220,000 (up over 18% from last year).
Elbow Park also is home to Calgary’s current all-time most expensive home sale ($10,300,000).

#5: Roxboro:

In fifth spot is Roxboro; Median assessed single family value is $1,320,000 (same as…

Calgary Real Estate Stats: September 2010

Monday, October 4th, 2010 at 9:00am. 2181 Views, 3 Comments.

Seasonal Blip or Calgary Market Recovery?

  MLS sales for metro Calgary in September 2010 improved slightly over August numbers but continued to reflect buyer's general lack of confidence in the global economic recovery. Canadians are increasingly worried that the U.S. economy is poised to sink back into a "double dip" recessionary period. I attribute the increase in Calgary real estate sales to normal September buyers returning to the market.  Metro Calgary property sales for September totaled 1,231, a 7.6% increase from last month and a 28% drop from last September (combined SF Calgary homes and condos):

• SF (metro houses) Calgary sales totaled 958, a drop of 23.8% vs Sep 2009: (1,257 SF sales in Sep 2009)
• Metro Calgary condo sales totaled 366, a drop of…

Calgary Real Estate Market: The August 2010 Story

Thursday, September 9th, 2010 at 5:07pm. 2687 Views, 0 Comments.

Sluggish Pace of Calgary MLS Sales Continues

 Calgary MLS sales for the month of August showed a continuation of the sluggish trend we’ve been experiencing since May of this year. Metro Calgary real estate sales totaled 1,231, a 6.1% decline from July 2010 and a 37% drop from last August (combined SF Calgary homes and condos):

• SF (metro houses) Calgary sales totaled 867, a drop of 32% vs Aug 2009: (1,277 SF sales in Aug 2009)
• Metro Calgary condo sales totaled 364, a drop of 42% vs Aug 2009: (632 condo sales in Aug 2009)

Calgary Home Prices Soften

August sale prices for SF homes in Calgary averaged $445,617 a 4.1% decrease from July 2010 and a 1.9% drop from last August. The median sale price for Calgary metro SF homes also fell

• SF Calgary median price for Aug…

Mount Royal Calgary: SW Calgary Real Estate neighbourhood profile

Sunday, May 16th, 2010 at 8:36am. 1753 Views, 0 Comments.

SW Calgary Real Estate Listings are full of interesting and beautiful homes, each with its own unique character, property, interior and location. As we frequently  point out, the location could very well be the most important criteria to consider.

In this ongoing series highlighting the community characteristics of different Calgary neighbourhoods, this week will appeal to those interested in SW Calgary Homes for sale as we look at the Elbow River Valley Community of Mount Royal in SW Calgary.

Made up of two areas, Upper and Lower Mount Royal, this SW Calgary neighbourhood contains some of the oldest, most expensive estates in the city. Mount Royal was established in the early 1900's by CP Rail and promoted as an exclusive enclave  to the then newly arrived…

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