Welcome to Vulcan

Welcome to Vulcan
Vulcan's Starship Enterprise

Monday, November 7, 2016

Tough year for sales so far in Vulcan County

According to the statistics provided by the Calgary Real Estate Board (CREB), the year over year sales for Vulcan County are down by 37% so far in 2016. This is the third year in a row that the percentages are in the negative numbers. New listings are down by 27% compared to the previous year's numbers. There is just over 13 months of supply on the market, with average days on the market being 129. Yes, it is a challenging market for sellers. Some properties just are not getting any showings, or at least very little. Challenging and frustrating. Yet, this is a common theme throughout much of the province. Numbers are down, as people seem to be keeping their wallets in their pockets, waiting for the economy to improve.