Calgary's State of the Union
Blog by Robin Lear | April 27th, 2014
It is a SELLERS Market for sure. Across the board at virtually every price point now, it is clearly a market leaning to the sellers. So does this mean its a " bidding war" i get this question all the time, and it Never is a bidding war, what it means is that if a property is priced well and shows well, it will sell for pretty close to list price, list price or a bit higher. 2, 5 or 10 offers, hard to say who is the most motivated, and the biggest difference between THIS market and 7 yrs ago, is that people will pay a price, then say i dont see the value above X. conversely sellers cant just price it wherever they see fit. The market wont support it! For insight into your personal situation, dont hesitate to call.