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Panorama Hills Real Estate, Calgary AB. February 2010 Stats

Posted by Arshad Rashed on Thursday, March 4th, 2010 at 4:00pm.

Panorama hills Real Estate statistics February 2010. Homes for sale in Panorama Hills Calgary, Panorama Hills MLS or a Free Panorama Hills Market Evaluation.

Panorama Hills Real Estate Market Statistics for February 2010. Panorama Hills is a community of Calgary, Alberta
I’M Jeff Campbell of the Jeff Campbell Team with Century 21 the Professionals. We specialize in Panorama Hills Real Estate.
Here are your Panorama Hills real estate market statistics.  February 2010 had 50 homes for sale versus January, we've had 40 properties for sale.  The difference is 18.  The number of homes sold is 10 versus 12.  The average price as you can see is up dramatically, 9.46%, 7.03% on the median price to 517 and 499.  I think we can definitely see that house values in Panorama are up.  The average days on market is 65 versus 26.  Again, the ten properties that must have sold have been on the market for a little while, but the idea is that the consumer confidence is back and people came out and bought them.

February 2010 versus February 2009, last year’s 81 properties for sale, 13 sales versus this year of 15 and ten sales, the average price is up 16% and the median price is up 26%.  So definitely, a much healthier stronger Panorama Hills real estate market.  The days on market was exactly the same at 65.  I think this year, which consumer confidence, we’re going to have a balanced market, we’re going to see house prices rise, definitely over last year’s prices, but ideally getting back to more to the 2007 to 2008 levels of pricing.

That’s your Panorama Hills real estate market update.

If you have any questions about the Panorama Hills real estate market, or Calgary Real Estate market, Panorama Hills homes for sale, or would like a free market evaluation of your home. Call the Jeff Campbell Team now 403-816-4449 or visit your Panorama Hills Real Estate experts!

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