When is the best time to sell your home?
I'm often asked; "when is the best time to sell my home". I analyzed statistics going back 20 years wanting to validate whether Calgary's Real Estate Market has a cyclical nature or not. It turns out that it does, with the exception of a few anomaly years. The diagram below is a reflection of Calgary's Real Estate Market Cycle. The overlaps indicate a transitional time from one market to another. You'll see that clearly there is a distinct "Spring Market" which many people intuitively refer to. Although I find that many people wait far too long to into the Spring market or beyond to begin marketing their property. Typically, most people I work with underestimate the time and energy required to prepare their home for the market and end up missing the window of opportunity at this time of year. Others believe that Summer is a better time to show of their beautiful without realizing that ultimately they will be competing with many more competing homes compared with earlier in the Spring. There is a caveat to the below Market Cycle though….. every home must be measured separately. It’s dangerous to look at a broad perspective / macro-market like below, and not focus more closely on the micro-market / market niche’ that your home actually lies within. Because of the diversity of Calgary's Market Sectors, the perfect timing to bring your home into the market will hinge on the specific market niche your home sits within, the Absorption Rates of that specific market niche', recent sales comparisons, various market influencing factors ie adjacent municipal pursuits, gentrification etc. For consultation specific to your unique circumstances, give me a call. I am happy to chat with you and discuss the perfect timing to sell your home!
Contact us today for 20+ years of professional, no pressure advice on all of your Real Estate needs.
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When is the best time to sell your home?
I'm often asked; "when is the best time to sell my home". I analyzed statistics going back 20 years wanting to validate whether Calgary's Real Estate Market has a cyclical nature or not. It turns out that it does, with the exception of a few anomaly years. The diagram below is a reflection of Calgary's Real Estate Market Cycle. The overlaps indicate a transitional time from one market to another. You'll see that clearly there is a distinct "Spring Market" which many people intuitively refer to. Although I find that many people wait far too long to into the Spring market or beyond to begin marketing their property. Typically, most people I work with underestimate the time and energy required to prepare their home for the market and end up missing the window of opportunity at this time of year. Others believe that Summer is a better time to show of their beautiful without realizing that ultimately they will be competing with many more competing homes compared with earlier in the Spring. There is a caveat to the below Market Cycle though….. every home must be measured separately. It’s dangerous to look at a broad perspective / macro-market like below, and not focus more closely on the micro-market / market niche’ that your home actually lies within. Because of the diversity of Calgary's Market Sectors, the perfect timing to bring your home into the market will hinge on the specific market niche your home sits within, the Absorption Rates of that specific market niche', recent sales comparisons, various market influencing factors ie adjacent municipal pursuits, gentrification etc. For consultation specific to your unique circumstances, give me a call. I am happy to chat with you and discuss the perfect timing to sell your home!
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Contact me today for 20+ years of professional, no pressure advice on all of your Real Estate needs.
Oh..... RealPros is expanding our services to include international referrals! Do you know of someone buying or selling anywhere? It's likely that they don't know of a competent Realtor whom they can implicitly trust. For absolutely no cost to our client, we will source a competent and ethical Realtor for them! We do all the sourcing, interviewing, profiling, validating their skills, experience & testimonials etc to make sure they are the perfect fit! Have them contact us today for free service that we’re happy to provide!
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Categories:
Abbeydale, Calgary Real Estate
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Acadia, Calgary Real Estate
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Airdrie, Airdrie Real Estate
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Albert Park, Calgary Real Estate
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Altadore, Calgary Real Estate
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Arbour Lake, Calgary Real Estate
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Bankview, Calgary Real Estate
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Beddington Heights, Calgary Real Estate
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Beddington, Calgary Real Estate
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Beltline, Calgary Real Estate
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Bowness, Calgary Real Estate
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Braeside Braesde Est, Calgary Real Estate
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Brentwood Calg, Calgary Real Estate
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Brentwood, Calgary Real Estate
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Bridgeland, Calgary Real Estate
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Calgary Real Estate Market Cycle
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Cambrian Heights, Calgary Real Estate
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Canyon Meadows, Calgary Real Estate
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Capitol Hill, Calgary Real Estate
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Carstairs, Carstairs Real Estate
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Chaparral, Calgary Real Estate
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Charleswood, Calgary Real Estate
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Chestermere, Chestermere Real Estate
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Citadel, Calgary Real Estate
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Coach Hill, Calgary Real Estate
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Cochrane, Cochrane Real Estate
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Copperfield, Calgary Real Estate
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Coral Springs, Calgary Real Estate
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Country Hills, Calgary Real Estate
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Coventry Hills, Calgary Real Estate
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Cranston, Calgary Real Estate
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Cremona, Cremona Real Estate
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Crescent Heights, Calgary Real Estate
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Crestmont, Calgary Real Estate
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Crossfield, Crossfield Real Estate
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Dalhousie, Calgary Real Estate
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Discovery Ridge, Calgary Real Estate
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Douglasglen, Calgary Real Estate
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Edgemont, Calgary Real Estate
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Erlton, Calgary Real Estate
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Falconridge, Calgary Real Estate
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Forest Lawn, Calgary Real Estate
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Garrison Green, Calgary Real Estate
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Gleichen, Gleichen Real Estate
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Glenbrook, Calgary Real Estate
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Hanson Ranch, Calgary Real Estate
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Harvest Hills, Calgary Real Estate
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Hawkwood, Calgary Real Estate
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Haysboro, Calgary Real Estate
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Hidden Valley, Calgary Real Estate
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Highwood, Calgary Real Estate
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Hillhurst, Calgary Real Estate
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Huntington Hills, Calgary Real Estate
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Killarney Glengarry, Calgary Real Estate
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Lake Bonavista, Calgary Real Estate
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Lakeview, Calgary Real Estate
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Langdon, Langdon Real Estate
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Lower Mount Royal, Calgary Real Estate
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MacEwan Glen, Calgary Real Estate
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Marlborough, Calgary Real Estate
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Martindale, Calgary Real Estate
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Mayland Heights, Calgary Real Estate
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McKenzie Lake, Calgary Real Estate
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Midnapore, Calgary Real Estate
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Monterey Park, Calgary Real Estate
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New Brighton, Calgary Real Estate
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North Haven, Calgary Real Estate
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Oakridge, Calgary Real Estate
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Okotoks, Okotoks Real Estate
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Out of Area Calgary, Calgary Real Estate
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Panorama Hills, Calgary Real Estate
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Parkdale, Calgary Real Estate
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Pineridge, Calgary Real Estate
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Prominence Patterson, Calgary Real Estate
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Radisson Heights, Calgary Real Estate
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Ranchlands, Calgary Real Estate
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Renfrew Regal Terrace, Calgary Real Estate
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Renfrew, Calgary Real Estate
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Richmond Hill, Calgary Real Estate
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Richmond Park Knobhl, Calgary Real Estate
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Riverbend, Calgary Real Estate
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Rocky Ridge Ranch, Calgary Real Estate
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Royal Oak, Calgary Real Estate
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Rundle, Calgary Real Estate
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Rural Camrose County, Rural Camrose County Real Estate
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Rural Foothills M.D., Rural Foothills M.D. Real Estate
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Rural Rocky View MD, Rural Rocky View County Real Estate
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Rural Rocky View MD, Rural Rocky View MD Real Estate
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Saddleridge, Calgary Real Estate
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Sage Hill, Calgary Real Estate
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Sandstone, Calgary Real Estate
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Scarboro, Calgary Real Estate
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Scenic Acres, Calgary Real Estate
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Shawnee Slps Evergreen Est, Calgary Real Estate
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Shawnessy, Calgary Real Estate
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Sherwood, Calgary Real Estate
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Signature Parke, Calgary Real Estate
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Skyview Ranch, Calgary Real Estate
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Somerset, Calgary Real Estate
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South Calgary, Calgary Real Estate
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Springbank Hill, Calgary Real Estate
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Strathcona Park, Calgary Real Estate
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Sunalta, Calgary Real Estate
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Sunnyside, Calgary Real Estate
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Temple, Calgary Real Estate
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Thorncliffe, Calgary Real Estate
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Tuscany, Calgary Real Estate
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Tuxedo, Calgary Real Estate
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University Heights, Calgary Real Estate
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Valley Ridge, Calgary Real Estate
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Varsity Acres, Calgary Real Estate
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Varsity Village, Calgary Real Estate
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Vista Heights, Calgary Real Estate
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West Hillhurst, Calgary Real Estate
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West Springs, Calgary Real Estate
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Westgate, Calgary Real Estate
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When is the best time to sell a home in Calgary
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Whitehorn, Calgary Real Estate
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Wildwood, Calgary Real Estate
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Winston Heights Mountview, Calgary Real Estate
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.