Introduction:
Welcome to the June 2023 Real Estate Market Update, where we bring you the latest insights and trends in the Calgary real estate market. If you're looking for a trusted realtor who can help you sell your home in Calgary, look no further than Michael Newton. With his expertise and in-depth knowledge of the local market, Michael is committed to delivering exceptional results for his clients. Let's dive into the highlights of the June 2023 market and discover how Michael can assist you in achieving your real estate goals.
Total Sales: A Thriving Calgary Market
Calgary's real estate market continued to thrive in June 2023, demonstrating its resilience and strength. Total sales experienced an impressive 10.89% increase compared to the same period last year. This growth signifies a high demand for homes in the Calgary area, making it an opportune time for sellers to capitalize on market conditions.
New Listings and Active Listings: Expert Guidance in a Competitive Market
While new listings experienced a slight decline of 2.88%, the market remained dynamic with 3,939 properties listed. However, it's crucial to navigate the competitive landscape strategically. Active listings saw a notable decrease of 35.79%, intensifying the competition among buyers. This is where having an experienced realtor like Michael Newton becomes invaluable. His expertise in pricing, marketing, and negotiation can give your listing the competitive edge it needs to stand out and attract qualified buyers.
Benchmark Price: Stable Appreciation
Calgary's real estate market showcased stability and appreciation in June 2023. The benchmark price for homes rose by 4.40% compared to the previous year, indicating a healthy appreciation of property values. Michael Newton's extensive knowledge of market trends and pricing strategies ensures that your home is positioned competitively in the market, maximizing its value and attracting potential buyers.
Pending Listings and Days on Market: Effective Strategies to Expedite Sales
Although pending listings decreased by 3.85% compared to June 2022, the overall number of properties awaiting finalization remained higher. With the right marketing tactics and a targeted approach, Michael helps streamline the selling process, reducing the average days on market. In June 2023, homes spent 18.52% fewer days on the market, reflecting the effectiveness of Michael's marketing strategies and his ability to attract motivated buyers.
Michael Newton: Your Trusted Calgary Realtor
When it comes to selling your home in Calgary, choosing the right realtor is crucial. Michael Newton, a seasoned professional with Coldwell Banker, brings a wealth of experience, exceptional negotiation skills, and a deep understanding of the local market. His commitment to providing personalized service, honest advice, and a results-driven approach makes him the ideal partner to guide you through the selling process.
Contact Michael Newton for Exceptional Results:
Email: michael@michaelnewton.ca
Phone/Text: 403-512-9825
Website: michaelnewton.ca
Conclusion:
In the dynamic Calgary real estate market, having a trusted and knowledgeable realtor by your side can make all the difference. With Michael Newton's expertise, you can navigate the market with confidence, ensuring a smooth and successful sale of your home. Reach out to Michael today and experience his exceptional service, unmatched professionalism, and dedication to achieving your real estate goals in Calgary.
