Calgary Area Properties For Sale
Spring 2020 is looking up for new home buyers with decreasing interest rates and newly implemented tax benefits. Alberta is unique in the fact that there is no land transfer tax levied in this province. You do need to pay a transfer fee when you buy a home in Alberta, but it is small when compared with the land transfer tax required by most other provinces (Saskatchewan is other exception).
Another advantage to living in Alberta is that property taxes are on the low end for Canada. Cities like Calgary and Edmonton have relatively low property taxes when compared to other Canadian cities such as Vancouver, Toronto and Montreal according to recent studies.
Here are some recent statistics averaging all Calgary apartments, condos, townhouses/townhomes and single family homes for sale:
- Days on Market: 67 (Down by 6.9% from a year ago)
- Average Price: $451,349 (Up by 0.1% from a year ago)
- Active Listings: 5,054 (Down by 8% from a year ago)
- Sold Listings: 863 (Up by 7.7% from a year ago)
- New Listings: 2,358 (Down by 8.3% from a year ago)
- Sold to List Price Ratio: 96.08% (Up by 0.20% from a year ago)
- Sold Above Asking Price: 57 (Up by 1.8 from a year ago)
- Months of Inventory: 5.86 (Up by 14.7% from a year ago)
- Odds of Selling: 17.1% (Up by 2.5% from a year ago)
