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I just finished uploading this Condo for sale, 2113 PATTERSON VW SW, Calgary, Alberta

Welcome to Indian Bluffs at 2113 Patterson View SW! This desired TOP FLOOR unit has soaring vaulted ceiling with big bright windows and French doors to the spacious balcony. Great views. 2 bedrooms and 2 bathrooms, This complex is a well managed 55+ building. The kitchen has Oak cupboards and white appliances which opens to the dining & living room. The Master bedroom has a large walk-in closet connecting to the 4 pc ensuite. The spacious second bedroom is located next to the 3 pc bath. The in-suite laundry and storage room comes with front load washer & dryer. You get 2 leased heated indoor parking spaces, car wash bay, plus a large assigned storage space. The complex has an elevator, a club house across the parking lot, a social room just down the hall. Conveniently located and easy access to shopping, transit and 1 hour to the mountains.

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I just finished uploading this House for sale, 76 STRATHRIDGE CL SW, Calgary, Alberta

Welcome to 76 Strathridge Close SW! This freshly RENOVATED home has over 3500 sqft with Downtown Views and it is perfect for a growing family. The main floor boast a NEW bright white custom kitchen with modern cabinets, high end stainless appliances incl. GAS Stove top & Wall oven, new backsplash, granite countertops. Opens to the dining nook & living room separated by a 3 sided fireplace & wide plank vinyl flooring. Formal dining room. The upper level has 3 spacious bedrooms and brand new carpet. Master bedroom w/ a 5 pc ensuite and walk-in closet. The other bedrooms are connecting with a 5 pc bath. Large bonus room with gas fireplace. Fully finished walkout basement w/ a 4th bedroom and 3 pc bath. The home is freshly painted, has new large capacity air conditioning, newer HWT. Close proximity to many schools, downtown, community center and walking distance to Strathcona Square. Tons of family activities at the Westside Rec Center. A must see!

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I just finished uploading this Townhouse for sale, #706 3130 66 AV SW, Calgary, Alberta

ABOVE AVERAGE PRIDE & CARE OF OWNERSHIP! This 3 bedroom townhome has over 1900 sq. ft. of finished living space on 3 levels in near NEW & IMMACULATE & MOVE IN READY condition. Upgrades start at the spacious front entry with an open oak staircase, office with storage closet, extra family room, open kitchen/dining area with solid maple cabinets and granite counters, 2 large walk-in closets, 3 pc. master ensuite reno, exterior vinyl windows and patio doors, interior doors and trim, 100 amp service panel, designer switches/receptacles, pot lights, stone tile/hardwood flooring and a convenient main floor laundry room. Living room opens to a sunny front balcony and the large rear patio takes you out to a large green space back yard and an Off Leash Park. Inside complex location with no busy streets in sight plus 8” concrete partition walls make this a very solid, safe, peaceful and private building, home and neighborhood. HEAT INCLUDED in LOW Monthly Fees of $577.00.

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Housing market conditions continue to follow similar trends to last year, with gains in sales. 

At the same time, there have been further reductions in new listings, inventory and more declines in prices. 

January sales activity was 863 units, nearly 8% higher than last year's levels. While sales remained well below January activity recorded before 2014, they remain consistent with activity recorded over the past five years.

''A persistent slowdown in the energy sector has resulted in a reset in many aspects of our economy. This includes the housing market, '' said CREB chief economist Ann-Marie Lurie.

''We continue to see the slow adjustment to a more balanced conditions, but it will take time before that starts to translate into price stability''.

Citywide unadjusted benchmark prices were $417,100 in January. This is slightly lower than the previous month and nearly 1% lower than last year's levels. 

Benchmark prices eased, but there were some modest improvements in both the average and median prices. This is likely a reflection of some changes in the distribution of sales. 

Housing market facts: 

Detached

  • Detached sales in January improved by 6%, thanks to growth in all districts except the North East.
  • New listings declined by nearly 11% due to pullbacks in all areas except the City Centre and the North districts. Combined with adjustments in sales, this caused inventories to ease by 15% citywide. 
  • Reductions in supply and a gain in sales supported reductions in the months of supply from nearly six months last year to just under five months this January.
  • Detached benchmark prices eased by nearly 1% compared to last year. However, the only two areas to record notable year-over-year declines were the City Centre and West, with price declines exceeding 3%.

Apartment

  • Improving sales were met with gains in new listings, causing inventories to increase by 12% compared to last year. 
  • The gain in inventories prevented any significant adjustments in the months of supply, which remained elevated at 9 months. 
  • The persistent oversupply continued to weigh on benchmark prices, which eased compared to last month and declined by 2% compared to last year. 
Attached

  • Despite slower sales in the South and South east district, city-wide attached sales improved by 4%.                                            At the same time new listings eased by nearly 18%, causing inventories to decline by 10%.
  • Improving sales and drop in inventory helped the months of supply to dip below seven months, a significant improvement compared to last year's level of nearly eight months.
  • While this segment is trending toward more balanced conditions, persistent oversupply continues to weigh on prices, which trended down over previous month and eased by over 1% compared to last year's levels. 
Regional Market Facts

Airdrie

  • Improving sales and easing inventories helped push the months of supply down to 4.7 months. This represents levels that are consistent with longer-term trends and reflects relatively balanced conditions.
  • The improvements in the supply relative to demand have started to generate much more stability in prices, which have remained comparable to last month and slightly higher than last year's levels. 
Cochrane

  • January recorded a significant gain in sales and a significant drop in new listings. This resulted in a drop in the months of supply to four months, a significant improvement from the 14 months recorded last January. 
  • If the improvements continue, this should start to support price stability. However, the recent change has not yet impacted prices, which remains nearly 3% lower than last year's levels.
Okotoks

  • Sales activity in town improved to levels consistent with longer-term trends. The improvement in sales helped offset the slight rise in new listings, helping reduce inventories and bringing the months of supply down to levels more consistent with balanced conditions. 
  • The steady reduction in oversupply in this market is helping to generate more stability in prices. In January, benchmark prices remained comparable to levels recorded last year. 
For the entire CREB update, please visit creb.ca



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I just finished uploading this House for sale, 5939 LAKEVIEW DR SW, Calgary, Alberta

*Open house: Sat. Jan 25 from 2 to 4 pm & Sun. Jan 26 from 11 to 1 pm *Welcome to 5939 Lakeview Drive! This 4 bedroom (3 up & 1 down) bungalow is ready to move-in. Updated custom white kitchen with plenty of storage and brand new quartz countertops, newer wide plank laminate flooring throughout the home and new light fixtures. Updated windows & shingles, mid efficiency furnace. Bright updated 4 pc bathroom on the main floor and a 3 pc bathroom just off the basement bedroom. Fully developed basement has a massive living room where you can enjoy movie night plus a recreational room. Rest and relax in the West facing fenced yard on the newer composite deck. Let's not forget the detached, insulated and drywalled garage as well as the RV parking. Just a short walk to Bishop Pinkham and Jennie Elliot schools and a short commute to MRU & Glenmore Park. A must see!

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