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I have sold a property at 147 Christie Park HILL SW in Calgary

I have sold a property at 147 Christie Park HILL SW in Calgary on Jan 27, 2024. See details here

Located in popular Christie Estates this 2006 sq ft home is located on a quiet street. Estate exterior with stucco and asphalt shingles. Front entry opens to central stair to upper level and 2 story ceiling. Front living room area boasts gleaming hardwood floors, soaring vaulted ceiling open to upper loft, cantilevered large front window with side windows and arched top. Living room joins the formal dining area with recessed hutch area and a glass door to kitchen area. Kitchen boasts generous rich oak cabinets and plenty of counter space, full array of stainless steel appliances, large pantry area and phone desk. Eating area is a bay nook area with garden door to huge outdoor deck. Kitchen and nook area over look the family room. The family room offers a brick fireplace nestled between beautiful oak built ins. Main floor also has a 2 pce bath with large vanity and lots of storage and a separate laundry room/mud room area with laundry sink and plenty of storage. Up the open stair to second level you will find a spacious loft area perfect for home office, teen hangout or just a hideaway with natural light from loft window. The primary bedroom is large and has a 5 pce ensuite bath with his/hers sinks in large vanity, beautiful modern soaker tub and separate shower and water closet. Upper level also has 2 additional bedrooms and a 4 pce bath with large vanity. The back yard features an extra large deck for outdoor living with amazing city views. The basement is unspoiled and ready for your ideas. Christie estates is a prime area close to all amenities, schools, shopping, lrt, mountains and downtown. This home is in immaculate condition and ready to move into.

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I have sold a property at 31 Prominence VIEW SW in Calgary

I have sold a property at 31 Prominence VIEW SW in Calgary on Jan 26, 2024. See details here

Welcome Home to this Newly Renovated End Unit Townhome in Patterson. Low Condo Fees of $360.43. The Main Floor Features Harwood Floors, Bright Open Kitchen with White Cabinets, Live Edge Counters, Stainless Steel Appliances including a Bar Fridge and R/I Garburator, Dining Room, Liiving Room with Gas Fireplace, Cozy Breakfast Nook, Laundry and 1/2 bath. Enjoy your South Facing Deck with Gas Line and BBQ which Backs onto a Green Space for your Enjoyment and Entertainment needs. Upstairs you will find a Spacious Master with Sitting Area, a New Ensuite with Double Sinks, Shower and a Walk-in Closet plus a 2nd Bedroom, a Newly Added 4 pc Bath plus Den which is Perfect for a Home Office. You will Love your Attached, Insulated and Heated Double Car Garage with attached Storage and Furnace Room. Also included are the Vacuum System and All Attachments, Wifi Door Bell and Solar Powered Cameras, 2 Shelving Units in the Garage and the Tire Rack. Near Wonderful Walking Paths, Parks, Close to Downtown, Edworthy Park, Schools, Amenites and Major Roads for Easy Access around the City and to the Mountains. You will Love Your New Home! Welcome Home! *View the Virtual Tour*

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I have sold a property at 54 Sienna Ridge LANDING SW in Calgary

I have sold a property at 54 Sienna Ridge LANDING SW in Calgary on Jan 24, 2024. See details here

Rare and stunning walk out bungalow perched on ridge with panoramic Rocky Mountain View. Quiet bay location, sunny west backyard, no back neighbors. Estate exterior with stamped concrete drive for 4 cars, triple attached garage, dry pack stone accents. Classy front covered veranda. Step in the front door and the home opens to you. Large front entry. French glass doors to the right lead to the front flex room/dining/den area with recessed hutch area and serving door to kitchen. Gleaming hardwood floors lead to the open plan with curved open stair to walk out level. The main great room area features 11 ft ceilings, gas fireplace nestled between built-ins, indirect ceiling lighting, panoramic view from a huge west facing picture window. The updated and upgraded kitchen joins this area and offers a huge island for the gourmet chef, lots of natural light from the overhead skylight plus flush mount indirect ceiling lights and some kitchen blinds are electric. High end upgraded stainless appliances including a Viking gas range a Sub-Zero refrigerator and recent new Miele Dishwasher. Abundance of rich white cabinets and quartz counters. Plenty of storage plus a built in coffee center. Kitchen is designed to satisfy the fussiest cook. Glass tile backsplash for style and function. Kitchen is open to the family size breakfast nook with turret style windows offering amazing views and a garden door with phantom screen to the deck with remote controlled awning. Down the hall to the bedroom wing you will find a large primary suite with garden door to deck, mountain views and an upgraded 5 pce ensuite bath with heated floors. Bath features a huge vanity with granite top and raised sinks, large soaking tub and separate shower with steam and water closet area. Bedroom 2 is located here and is perfect for younger kids. There is also a 3 pce bath next to the bedroom with an extra-large shower, large vanity and full length mirror. Just across the hall is the entry from the massive garage. This area provides a large laundry spot complete with cabinets, a laundry sink, bench and hanging area for kids backpacks and closet. Down the sweeping open stair to walk out level and it opens to a huge games room area with wet bar, plenty of windows, garden door to large stamped concrete covered patio. Family room is a cosy area with a stone gas fireplace and lots of built ins. Amazing basement for teens to hang out or for Dad to host the super bowl party. The beauty is the 3 bedrooms and 4 pce bath located on this level that allows this home to look after a large family with 5 bedrooms total. The location is incredible in a hidden bay close to all amenities, schools, parks, downtown, mountains. new furnaces and hot water tanks installed in November 2021. Washer/dryer are new in the last 12 months. Home was built by Quality Calgary builder Cedarglen.

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New property listed in Signal Hill, Calgary

I have listed a new property at 54 Sienna Ridge LANDING SW in Calgary. See details here

Rare and stunning walk out bungalow perched on ridge with panoramic Rocky Mountain View. Quiet bay location, sunny west backyard, no back neighbors. Estate exterior with stamped concrete drive for 4 cars, triple attached garage, dry pack stone accents. Classy front covered veranda. Step in the front door and the home opens to you. Large front entry. French glass doors to the right lead to the front flex room/dining/den area with recessed hutch area and serving door to kitchen. Gleaming hardwood floors lead to the open plan with curved open stair to walk out level. The main great room area features 11 ft ceilings, gas fireplace nestled between built-ins, indirect ceiling lighting, panoramic view from a huge west facing picture window. The updated and upgraded kitchen joins this area and offers a huge island for the gourmet chef, lots of natural light from the overhead skylight plus flush mount indirect ceiling lights and some kitchen blinds are electric. High end upgraded stainless appliances including a Viking gas range a Sub-Zero refrigerator and recent new Miele Dishwasher. Abundance of rich white cabinets and quartz counters. Plenty of storage plus a built in coffee center. Kitchen is designed to satisfy the fussiest cook. Glass tile backsplash for style and function. Kitchen is open to the family size breakfast nook with turret style windows offering amazing views and a garden door with phantom screen to the deck with remote controlled awning. Down the hall to the bedroom wing you will find a large primary suite with garden door to deck, mountain views and an upgraded 5 pce ensuite bath with heated floors. Bath features a huge vanity with granite top and raised sinks, large soaking tub and separate shower with steam and water closet area. Bedroom 2 is located here and is perfect for younger kids. There is also a 3 pce bath next to the bedroom with an extra-large shower, large vanity and full length mirror. Just across the hall is the entry from the massive garage. This area provides a large laundry spot complete with cabinets, a laundry sink, bench and hanging area for kids backpacks and closet. Down the sweeping open stair to walk out level and it opens to a huge games room area with wet bar, plenty of windows, garden door to large stamped concrete covered patio. Family room is a cosy area with a stone gas fireplace and lots of built ins. Amazing basement for teens to hang out or for Dad to host the super bowl party. The beauty is the 3 bedrooms and 4 pce bath located on this level that allows this home to look after a large family with 5 bedrooms total. The location is incredible in a hidden bay close to all amenities, schools, parks, downtown, mountains. new furnaces and hot water tanks installed in November 2021. Washer/dryer are new in the last 12 months. Home was built by Quality Calgary builder Cedarglen.

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New property listed in Christie Park, Calgary

I have listed a new property at 147 Christie Park HILL SW in Calgary. See details here

Located in popular Christie Estates this 2006 sq ft home is located on a quiet street. Estate exterior with stucco and asphalt shingles. Front entry opens to central stair to upper level and 2 story ceiling. Front living room area boasts gleaming hardwood floors, soaring vaulted ceiling open to upper loft, cantilevered large front window with side windows and arched top. Living room joins the formal dining area with recessed hutch area and a glass door to kitchen area. Kitchen boasts generous rich oak cabinets and plenty of counter space, full array of stainless steel appliances, large pantry area and phone desk. Eating area is a bay nook area with garden door to huge outdoor deck. Kitchen and nook area over look the family room. The family room offers a brick fireplace nestled between beautiful oak built ins. Main floor also has a 2 pce bath with large vanity and lots of storage and a separate laundry room/mud room area with laundry sink and plenty of storage. Up the open stair to second level you will find a spacious loft area perfect for home office, teen hangout or just a hideaway with natural light from loft window. The primary bedroom is large and has a 5 pce ensuite bath with his/hers sinks in large vanity, beautiful modern soaker tub and separate shower and water closet. Upper level also has 2 additional bedrooms and a 4 pce bath with large vanity. The back yard features an extra large deck for outdoor living with amazing city views. The basement is unspoiled and ready for your ideas. Christie estates is a prime area close to all amenities, schools, shopping, lrt, mountains and downtown. This home is in immaculate condition and ready to move into.

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Calgary Real Estate Update for December!!

Strong migration and low supply drive Calgary housing prices in 2023

Sales in 2023 did ease relative to last year's peak, but with 27,416 sales, levels were still far higher than long-term trends and activity reported before the pandemic. While sales stayed relatively strong, there was a notable shift in activity toward more affordable apartment condominiums style homes.

“Higher lending rates dampened housing demand this year, but thanks to strong migration levels, housing demand remained relatively strong, especially for affordable options in our market,” said CREB® Chief Economist Ann-Marie Lurie. “At the same time, supply levels were low compared to the demand throughout the year, resulting in stronger than expected price growth.”

Inventory levels were persistently below long-term trends for the city throughout most of the year, averaging a 44 per cent decline over the 10-year average. We also saw the months of supply remain well below two months throughout most of the year across homes priced below $1,000,000.

The persistently tight conditions contributed to our city's new record high price. While the average annual benchmark price growth did slow from 12 per cent in 2022 to nearly six per cent growth in 2023, the price growth was still relatively strong especially compared to some markets in the country.

Detached

With an annual decline of nearly 20 per cent, the detached market saw the most significant decline in sales activity. While sales did improve for homes priced above $700,000, limited supply choices in the lower price ranges caused consumers to turn to alternative housing styles. Despite some recent gains in higher-priced new listings, inventories have remained near record lows, and the months of supply have remained relatively low throughout 2023.

The persistently tight market conditions have supported further price growth for detached homes, albeit at a slower pace than last year. On average, the benchmark price rose by nearly eight per cent in 2023, with the most significant gains occurring in the city's most affordable districts.
 

Semi-Detached

Like the detached sector, year-over-year sales growth since May was not enough to offset the pullbacks at the beginning of the year, leaving 2023 sales down by 10 per cent. The decline in sales was driven by pullbacks for homes priced under $500,000, while sales improved for higher-priced properties. The decline in the lower range was primarily due to limited supply choices, preventing stronger sales.

Persistently tight market conditions this year caused prices to trend up throughout most of the year. On an annual basis, the benchmark price rose by seven per cent over last year—a slower gain than the 12 per cent reported in 2022, but still relatively strong. Price growth ranged from a low of six per cent in the city centre to over 16 per cent in the east district.
 

Row

Limited supply choices in the lower price ranges contributed to the pullback in sales in 2023. Annual sales declined by over 11 per cent despite rising sales for homes priced above $400,000. While new listings did show signs of improving in the second half of the year, all of the gains were reported in the higher price ranges, causing relatively more balanced conditions in the upper price ranges versus the sellers’ market conditions in the lower price ranges.

Conditions favoured the seller throughout the year, supporting an annual benchmark price gain of over 13 per cent. Prices improved across each district, ranging from a low of 11 per cent in the city centre to over 20 per cent price growth in both the North East and East districts.
 

Apartment Condominium

Apartment-style properties were the only property type to report a gain in sales this year, resulting in a record high of 7,884. The growth in sales was possible thanks to the higher starting point for inventory levels and gains in new listings. However, conditions tightened throughout the year, favouring the seller and driving price growth.

Apartment condominium prices finally recovered from their 2014 high earlier this year and have pushed above those levels, reaching a new record high of $321,400 by December. On an annual basis, the 2023 benchmark price rose by over 13 per cent, a faster pace than the annual growth levels reported last year.  

 


REGIONAL MARKET FACTS


Airdrie

Primarily due to pullbacks for detached homes, sales in Airdrie declined by 24 per cent over last year's record high. Low inventory levels and a pullback in new listings have somewhat limited sales. While new listings have risen over last year's levels for the past four months, they are still 24 per cent lower than last year. The decline in sales and new listings ensured inventories remained low this year, declining over last year’s and falling to the lowest annual average levels seen since 2006.

For the third year in a row, conditions in Airdrie have generally favoured the seller. This has driven further price gains this year, albeit at a slower pace. On an annual basis, the benchmark price rose by nearly five per cent. This year, the price growth for row and apartment-style properties has been more than double that reported in the detached and semi-detached sectors.
 

Cochrane

Both sales and new listings in Cochrane fell over last year’s levels. However, recent gains in new listings relative to sales did help support some inventory gains. While inventory levels have improved over the low levels reported last year, they remain over 40 per cent below what we traditionally see in the market.

The recent shifts in new listings relative to sales have helped the months of supply stay above two months since September. However, conditions are still relatively tight, and prices continue to rise. While the growth was stronger in the higher-density sectors of the market, the detached benchmark prices increased by four per cent in 2023 over last year.


Okotoks

Supply has been a challenge in Okotoks, impacting sales and prices. While we have seen some improvements lately regarding the level of new listings compared to sales, inventories have remained near record lows and averaged 63 per cent below long-term trends on an annual basis.

Conditions have remained relatively tight throughout most of the year, especially throughout the busier spring season. Despite some monthly variation, prices generally trended up this year and, on an annual basis, rose by over six per cent.
 

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

 
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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.