Calgary Condos
Calgary is a vibrant, youthful city of over one million residents with a knowledge based economy focused on the oil & gas industry. For many residents, their first property purchase will be a condo. Retirees may choose condo life when they downsize. Others may own a recreational property that is a condo.
In 2018, 16,144 residential properties sold through the Calgary Real Estate Board, of which approximately one third are condos - townhomes, villas, apartments and some single family homes built in bareland condo communities. The benchmark price at the end of 2018 for an apartment condo was $251,500 (down 14% from 2014) and $288,400 for a row townhouse (down 10% from previous highs). In addition to resale properties, Calgary has attracted developers who have initiated large, multi-phased new complexes. It is important for buyers and sellers to know that the purchase contracts for resale and new condos are not the same. For experienced representation when buying or selling condominiums, contact urbanmove realty, a real estate brokerage focusing on the sales and marketing of inner city residential properties.
.
In 2018, 16,144 residential properties sold through the Calgary Real Estate Board, of which approximately one third are condos - townhomes, villas, apartments and some single family homes built in bareland condo communities. The benchmark price at the end of 2018 for an apartment condo was $251,500 (down 14% from 2014) and $288,400 for a row townhouse (down 10% from previous highs). In addition to resale properties, Calgary has attracted developers who have initiated large, multi-phased new complexes. It is important for buyers and sellers to know that the purchase contracts for resale and new condos are not the same. For experienced representation when buying or selling condominiums, contact urbanmove realty, a real estate brokerage focusing on the sales and marketing of inner city residential properties.
- Want to seach for a condo? Search MLS® or contact us for custom condo listing emails.
- Want to know what is happening in the condo market? Contact us to receive our e-letter.
.
VIDEO - "Right Here" courtesy of the
Calgary Economic Development Authority
Calgary Economic Development Authority
urbanmove realty | 400, 909 – 17 avenue sw | calgary, ab | t2t 0a4