Archive for August, 2020

Just Listed – #406, 314 14 Street NW

Monday, August 17th, 2020

Just Listed – #406 314 14 Street NW

Hillhurst | MLS A1024414

Offered at $184,900

Live in the heart of it all, in the quiet of a concrete building! This fantastic, renovated one bedroom unit is steps from Kensington, downtown, SAIT, Jubilee Auditorium, paths and green spaces. Park in your powered stall and walk everywhere!

With an open floor plan and well-appointed finishings, all you have to do is move in and start living. You’ll love the kitchen with eating nook. The open concept has a large living room that’s awash in natural light.

The master bedroom is spacious with plenty of closet space as well. There is also an updated four piece washroom. Please note the clean and tidy laundry room (one on each floor) is close by as well! This building has been updated with newer windows, lobby finishings, hallway and elevator upgrades, paint… just to name a few. Be close to the action while living in a quiet, well-kept building.

Don’t miss this one! Call to schedule your private viewing today!

 

Brad Somer, Realtor

ReMax iRealty Innovations

brad.somer@remax.net

403-200-1240

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Just Sold – 84 Coach Manor Rise SW

Wednesday, August 5th, 2020

Just Sold – 84 Coach Manor Rise SW

Coach Hill | MLS C4300909

Offered at $409,900

Just sold this lovely three bedroom home with walkout lower level in the desirable family community of Coach Hill! This gorgeous home within walking distance to parks, restaurants, transit, and all the community has to offer is called home by new owners!

Thanks to my seller client, S, for giving me a call and making your sale as smooth as possible in these bizarre times. I will be with you all the way through to possession day to help out with the next steps, as well!

While this property is sold, there are plenty of other great ones to view! If you are thinking of buying or selling, don’t hesitate to get in touch!

 

Brad Somer, Realtor

ReMax iRealty Innovations

brad.somer@remax.net

403-200-1240

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The August Market Update.

Tuesday, August 4th, 2020
Detached and semi-detached home sales rise, but economic uncertainty remains

City of Calgary, August 4, 2020 –

With higher sales for both detached and semi-detached product, July sales totals rose above last year’s levels. Despite the improvements in July, year-to-date sales remain 15 per cent lower than last year’s levels.

“There have been improvements relative to the lowest sales levels caused by COVID-19, but it is too early to say things are shifting back to pre-pandemic levels,” said CREB® chief economist Ann-Marie Lurie.

“We are still facing record high unemployment rates, significant government aid, and uncertainty throughout the business community. This will continue in the coming months.”

COVID-19 shutdowns occurred over the traditionally busiest quarter for real estate sales. Some of the recent gains reflect activity that would have occurred in those months shifting into July. Some demand is returning to the market, but so is the supply.

Inventory levels trended up over the previous month, offsetting some of the sales growth.  Higher-density row and apartment products have supply/demand ratios that are well above traditional levels.

Higher-than-typical levels of supply relative to sales for higher-density product also had a more significant impact on prices for those product types. Year-over-year price declines ranged from more than eight per cent for row properties to nearly three per cent for semi-detached and apartment properties.

Tighter market conditions for detached properties supported some upward price trends and year-over-year prices were stable compared to the previous year. However, on a year-to-date basis, detached prices remain nearly one per cent lower than last year’s levels.

 

Need more info? Get in touch at brad.somer@remax.net!

07 2020 Calgary Monthly Short Summary

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