Hello Real Estate District,Sorry for the late email and not getting this out mid week!The market may be cooling off, but it’s not completely frozen—yet. 
Showing activity in Alberta has hit -23.6% below the weekly average (ouch), and Calgary isn’t immune to the seasonal snooze. That said, listings in the $300K to $800K range are still holding down the fort, accounting for 77% of all activity. The stars of the show? Homes between $500K and $700K—these properties are still the prom king and queen of showings.
Showing activity in Alberta has hit -23.6% below the weekly average (ouch), and Calgary isn’t immune to the seasonal snooze. That said, listings in the $300K to $800K range are still holding down the fort, accounting for 77% of all activity. The stars of the show? Homes between $500K and $700K—these properties are still the prom king and queen of showings.Listings & Sales:Here’s the kicker: even with new listings at their second-lowest level of the year, they’re still 12% higher than the November average. Sales, however, decided to strut their stuff, coming in 23.5% above average and locking in Calgary’s second-highest November sales volume in history. 
Go ahead, give November a round of applause—it earned it.The strong sales combined with fewer listings have tightened months of inventory back to just 2.4 months, keeping things competitive. Buyers better sharpen their elbows—it’s a bit of a scrum out there.Price Range Highlights:
Go ahead, give November a round of applause—it earned it.The strong sales combined with fewer listings have tightened months of inventory back to just 2.4 months, keeping things competitive. Buyers better sharpen their elbows—it’s a bit of a scrum out there.Price Range Highlights:- $200K to $250K and $400K to $600K listings are absolute overachievers, holding their 100% sale-to-list price ratio like gold star students.
- The rest? They’re trying their best to keep up, but you know who the real MVPs are.
Takeaway:Sure, showing activity is in slow-mo, but sales are still putting up championship numbers. Fewer listings and tight inventory mean there’s no time for sellers to snooze—encourage them to price sharp and stay in the game. And for you? Keep the humor alive, the deals flowing, and let’s finish 2023 strong.Happy Selling! 
Broker403.618.6984
Steve Phillips
Broker403.618.6984
1210 20 AVE SW T2G 1M8