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mccabehughes.com

March 2020 Issue
(403) 542-1112
Livia McCabe & Brendan Hughes Real Estate
March's Newsletter

Hello Friend!

It is wonderful to see double digit gains in all categories in the month of February!

Sales in the Detached, Attached and Apartment sectors all benefited from the extra day in February 2020 vs 2019. February of 2019 was also one of the slowest months since the 90's.

However, these factors do not diminish the fact that overall conditions are still improving.

If you would like detailed information about market conditions in your specific neighbourhood, or have any other real estate related questions, please contact us. We are here to help you devise a strategy that will work for you.

Livia McCabe & Brendan Hughes

McCabe Hughes Real Estate Inc.

c/o Real Estate Professionals Inc.

L: 403-542-1112 or B: 403-560-1673

Calgary Market Stats

Stats are calculated comparing February 2020 to February 2019.

The Benchmark Price – The price of a typical home in that area.
Click here for a glossary of terms

Local Events

Masters of Illusion
Calgary, AB
March 23, 2020
Easter Egg Hunt & Spring Carnival
Calgary, AB
April 11, 2020
Calgary Acroyoga Festival 2020
Calgary, AB
April 10, 2020 - April 12, 2020

Latest Featured Listings

Just Listed
An image of MLS ID: C4288769

MODERN & BRIGHT garden-level unit Cliff Bungalow / C4288769

$239,000
1 Bedrooms 1 Bathrooms 562 Sq Ft
Sold - Represented the Buyers
An image of MLS ID: C4289022

Exceptional “detached” infill C4289022

$799,900
3 Bedrooms 4 Bathrooms 1,832 Sq Ft
Just Listed
An image of MLS ID: C4288944

Impeccable, solid 1435 sq ft bungalow Dalhousie / C4288944

$574,900
3+2 Bedrooms 3 Bathrooms 1,436 Sq Ft
An image of MLS ID: C4287764

Wonderfully spacious & clean Coventry Hills / C4287764

$465,000
3+1 Bedrooms 4 Bathrooms 1,901 Sq Ft
An image of MLS ID: C4287383

Exceptional, Renovated, Duplex/Investment Property Capitol Hill / C4287383

$709,900
5 Bedrooms 2 Bathrooms 1,867 Sq Ft
An image of MLS ID: C4284587

Luxury custom home Bearspaw_Calg / C4284587

$2,450,000
2+2 Bedrooms 6 Bathrooms 3,472 Sq Ft
Sold - Represented the Buyers
An image of MLS ID: C4285589

CASUAL LUXURY C4285589

$1,299,000
4+1 Bedrooms 4 Bathrooms 3,165 Sq Ft
An image of MLS ID: C4285762

Renovated luxury townhome in Chateau Phase II Varsity / C4285762

$749,900
3 Bedrooms 4 Bathrooms 2,070 Sq Ft
Sold
An image of MLS ID: C4283227

Great Home – No Houses Behind Rocky Ridge / C4283227

$409,900
3 Bedrooms 3 Bathrooms 1,287 Sq Ft
Sold
An image of MLS ID: C4270831

Exceptional family home West Springs / C4270831

$619,900
3+1 Bedrooms 4 Bathrooms 1,894 Sq Ft
An image of MLS ID: C4279150

Exceptional Varsity Estates location Varsity / C4279150

$979,000
4 Bedrooms 4 Bathrooms 2,167 Sq Ft
An image of MLS ID: C4276502

Exceptional Live/Work townhome with high exposure street frontage Bridgeland/Riverside / C4276502

$733,000
2 Bedrooms 4 Bathrooms 1,782 Sq Ft
An image of MLS ID: C4276174

Urban-chic living, 2 bdrms, 2.5 baths w/attached dbl garage Lower Mount Royal / C4276174

$524,900
2 Bedrooms 3 Bathrooms 1,148 Sq Ft
View more listings

Calgary Real Estate Board

bigstock-Sunset-Over-Downtown-Calgary-A-91539563-800x490.jpg

This month saw a double-digit gain in sales, but last February was one of the slowest levels of activity since the late ’90s. With the extra day this February, monthly sales totaled 1,197 units. A combination of these two factors resulted in a 23 per cent improvement over last year, but sales remain well below longer-term trends and consistent with the lower levels reported over the past five years. “However, this should not diminish the fact that conditions are still improving,” said CREB® chief economist Ann-Marie Lurie.

“Calgary is continuing to see slow reductions in the amount of oversupply in the market, from modest changes in demand and reductions in supply. This needs to occur before we can see more stability in prices.”

Click here for the full report

A Sampling of Calgary’s Finest Properties Currently For Sale

There are 6187 homes for sale right now, with an average list price of $1,284,105.
An image of MLS ID: C4286249

980 101 Street SW, Calgary, AB West Springs / C4286249

$9,998,000
6 Bedrooms 9 Bathrooms 9032 Sq Ft
An image of MLS ID: C4274630

1015 Sydenham Road SW, Calgary, AB Upper Mount Royal / C4274630

$5,995,000
5 Bedrooms 6 Bathrooms 5698 Sq Ft
An image of MLS ID: C4286225

15 Pump Hill Close SW, Calgary, AB Pump Hill / C4286225

$5,488,000
5 Bedrooms 7 Bathrooms 5622 Sq Ft
View more listings

This is not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage. All information was current on Mar 16, 2020.


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