Hello Team RED,
(click to watch if you don't want to read)
Showings have slowed a smidge, but it’s nothing dramatic! We’re still only about 1,000 showings down compared to last week's 30-day rolling period, so it’s more of a gentle tap on the brakes than a full stop. The $500K to $600K range still reigns supreme in activity, but we saw the biggest dip in the $500K to $900K range. Surprisingly, the $1.1M to $1.3M homes decided to get a little more action. Must be those fancy fireplaces drawing people in for the winter! 
Listings & Sales:After Calgary’s second-strongest October in history (that’s right, we’re breaking records), November is picking up right where it left off. Sales are cruising above normal, but with 533 fewer new listings in October compared to September, things are getting tight out there. Less new inventory means our months of inventory are staying competitive—which is great news for keeping demand high!The Sweet Spot:The market’s sweet spot is still $400K to $600K, where homes are hitting an average 100% sales-to-list price ratio. Bulls-eye every time (for the homes priced properly)!
Takeaway:Showings may have cooled a tad, but sales are hot, and inventory is keeping us competitive. Let’s keep the momentum rolling and make this a November to remember!Happy Selling!
Broker403.618.6984
Steve Phillips
Broker403.618.6984
1210 20 AVE SW T2G 1M8