The Calgary real estate market in Q3 2024 remains resilient. According to CREB’s 2024 Q3 Market Report, demand has remained steady, with inventory levels dropping by 15%, leading to competitive pricing, particularly for detached homes. Whether you’re buying or selling, timing and strategy are key, and we’re here to guide you through the process to ensure you make the best decisions.

CREB’s Q3 2024 report shows that the average price for a detached home in Calgary is approximately $620,000, while condos average around $285,000. Prices can vary significantly depending on the neighbourhood and type of property. Our team will help you understand what to expect based on your specific needs and budget, ensuring you make informed decisions.

The first step in buying a home is getting pre-approved for a mortgage. This helps you understand your budget and shows sellers you’re serious. It gives you a clear idea of what you can afford, so you can focus your search on homes within your range. Don’t worry, if you’re not sure where to start, we can connect you with trusted mortgage brokers who will walk you through the process. Once you’re pre-approved, we’ll work together to find the ideal Calgary, Airdrie, Chestermere or Okotoks home that fits your needs and lifestyle.

Calgary has over 200 neighbourhoods, each with its own unique flavour, so it really depends on your lifestyle. Are you looking for top-rated schools, proximity to the downtown core, or easy access to parks and trails? We’ll work with you to identify neighbourhoods that suit your needs. Communities like Mahogany, Aspen Woods, and West Hillhurst continue to be popular choices in 2024, with rising demand in up-and-coming areas like Seton and Livingston.

When buying a home in Calgary, there are several upfront and ongoing costs to consider. The deposit is the first cost, typically due 1-2 business days after an accepted Offer to Purchase, and is paid by bank draft or wire transfer. For example, with a $500,000 home purchase, you might need a deposit of $20,000 or more, while a $1,000,000 home purchase could require a $50,000 deposit or more. Other costs include the down payment, closing costs, home inspections, and legal fees. Closing costs usually range from 1.5% to 4% of the purchase price and cover legal fees, home inspections, insurance etc. We’ll guide you through all these expenses, ensuring you’re fully prepared and informed at every stage of the home-buying process.

The average time to sell a home in Calgary varies based on market conditions and the type of property. CREB’s Q3 2024 report shows that detached homes spend an average of 32 days on the market, while condos typically take longer, averaging 45 days. With the right pricing, staging, and a proven marketing strategy, our team works diligently to ensure your home sells quickly and smoothly, maximizing your return.

Preparing your home for sale is all about making a great first impression. We recommend decluttering, completing small repairs, and enhancing your home’s curb appeal. Staging can also make a big difference—homes that are staged often sell faster and for more money. Our team includes a complementary staging consultation to help showcase your home in the best possible light. We’ll also provide a detailed checklist to ensure your home is market-ready, so you can maximize your sale.

Pricing your home right is one of the most important steps in the selling process. We use a data-driven approach, looking at recent sales of similar homes in your area, current market conditions, and factors like your home’s unique features. We also assess your goals—whether you’re looking for a quick sale or maximizing value. Our team will provide you with a comprehensive market analysis and work with you to set a price that attracts buyers while getting you the best possible return.

Calgary continues to be a strong market for real estate investment. With a growing population and relatively affordable prices compared to other major Canadian cities, CREB’s Q3 2024 report highlights Calgary’s opportunities for long-term appreciation and rental income. Rental demand is particularly high this year, especially in neighbourhoods near the city’s new developments and job hubs, such as Seton and Beltline, with vacancy rates dropping to 2.5%, making it an ideal time for investors.

Relocating from out of province or internationally can feel overwhelming, but we’re here to make it as smooth as possible. The first step is having a conversation about your needs, timeline, and what you’re looking for in a new home and neighbourhood. We’ll help you navigate the Calgary market and guide you through everything—from finding the right property to understanding the Alberta Residential Purchase Contract and the steps involved in making an offer. We can even coordinate virtual tours if you can’t be here in person. Once you’ve found the right home, we’ll assist with everything from inspections to closing, ensuring the transition is stress-free.

We’ve helped hundreds of clients relocate to Calgary—whether from BC, Ontario, the USA, or Australia—and we’ll make sure you feel confident and informed every step of the way.