Seasonal slow down, for the first time this year...

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Hello Real Estate District,Looks like the holiday spirit is catching up with the market! 🎄 Showing activity in Alberta has taken another hit, now sitting at -22.6% below the weekly average. Calgary’s also feeling the seasonal slowdown, with the average number of showings per listing at 5. That said, the $500K to $700K range is still the belle of the ball, averaging over 7 showings per listing—if you’ve got listings here, keep them front and center!
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Listings & Sales:Here’s the twist: while new listings are on track for a record December, sales are dropping month-over-month (thanks, holidays), but we’re still on track for one of Calgary’s strongest Decembers ever. So, even though Santa might be slowing things down, the market’s still delivering solid results. 🎅Inventory Update:With months of inventory sitting at half the December average of 4.7 months, competition remains tight. Buyers are still out there, but for the first time this year, no price range hit a 100% average sale-to-list price ratio. That’s right—Santa didn’t put that in his sack this year. 🎁
Takeaway:The seasonal slowdown is real, but there’s still plenty of opportunity to close deals before the year wraps up. Focus on motivated buyers and sellers, keep those listings sharp, and let’s make this December one to remember!Happy Selling! ✨  
Steve Phillips

Broker403.618.6984
1210 20 AVE SW T2G 1M8