# @jessicachanteamyyc on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/CoJHhD5Ow5F
- **Gondola URL:** https://gondola.cc/posts/3681325-jessicachanteamyyc-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/ab6fdb4931.jpg
- **Posted:** 2023-02-02T02:00:05.000+00:00

## Caption

Calgary Real Estate Market in January recorded 1,199 sales as new listings hit a record low 📉 since the late 90s, 40.2% less than last year. Here are key takeaways👇
🏡 Detached Home Benchmark Price is $622,800. 6.7% increase 📈 from Feb 2022.

🏫Condo Benchmark Price is $277,600. 9.7% increase 📈from Feb 2022. 

🔹 Lower-priced properties saw a steeper decline while new listings fell in nearly every price range. 

🔹Detached Home sales only took up 47% of the total sales. High-interest rates steered buyers to seek out lower-priced products. 

🔹” Although conditions are not as tight as last year, lower supply levels are preventing a significant shift toward balanced conditions and prices did trend up slightly over last month breaking the seven consecutive month slide. “

🔹2,007 units in Total, 994 Single Detached Homes as of Feb 1, 2023.
Source: CREB

Are you planning to sell or buy? Call or Text us at 403-241-9800 TODAY! We are here to help!
Follow us or visit www.JCRE.ca for new listings in #yyc! 
-
Jessica Chan Real Estate & Management Inc.
📲 403-241-9800
📧jessica@jessicachan.ca
✨Top 3 (MLS) Selling Teams in Calgary in 2022
✨ We care and listen to your needs.
🏡 www.JCRE.ca
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#calgaryrealestate #calgaryrealtor #housingmarket #calgaryhomes #jessicachan #brokerage #yychomes #yycre #househunting #residential #seller #calgary #calgarylistings #detachedhomes #condo #yycrealestate #realestateagent #realestateinvesting #propertyforsale #calgaryalberta #yycinvestments #sellingrealestate #albertarealestate #buyingandselling #nwcalgary #swcalgary

## Stats

- **Views:** 0
- **Likes:** 17
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## Tags

housingmarket, calgaryrealestate, househunting, realestateagent, realestateinvesting, condo, yychomes, calgarylistings, calgary, yycinvestments, calgaryhomes, yyc, nwcalgary, swcalgary, seller, jessicachan, calgaryalberta, yycrealestate, buyingandselling, calgaryrealtor, brokerage, detachedhomes, albertarealestate, yycre, propertyforsale, residential, sellingrealestate

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