It’s taking less time these days to sell a home in Calgary compared with last year.
According to the Calgary Real Estate Board, so far this month from August 1 to August 20, the average days on market to sell an MLS residential property in the city is 43. That’s a drop of 12.24 per cent from the same period a year ago when it took an average of 49 days to sell.
Each housing category has seen a decline in average days on market.
For single-family homes, it’s dropped by 12.77 per cent from 47 days to 41 this month.
The condo apartment category has seen a drop of 11.32 per cent to 47 days from 53 last year.
And the condo townhouse sector has seen a slight decline of 3.77 per cent from 53 days last year to 51 so far this month.
http://diane-richardson.com/buying.html Calgary Real Estate Resources & Statistics