The Jay Magnussen Real Estate Team has just listed this excellent property for sale in the Estates of Cimarron in Okotoks. 

CLICK HERE TO VIEW FEATURE SHEET

CLICK HERE TO VIEW VIRTUAL TOUR

To schedule your private viewing of this home please contact Jay Magnussen today! 

This special report release by the National Bank of Canada summarizes: The oil price slide has made a serious dent in sales of existing homes in Alberta and Saskatchewan. The Canadian Real Estate Association reports that the seasonally adjusted number of homes sold in these two provinces in January was down 33% from November. Elsewhere in Canada the decline was 3%.

''The oil price slide has crimped the Alberta home-resale market.''

In Alberta, January sales were the lowest since November 2010; in Saskatchewan, they were the lowest since August 2010. In just two months, Alberta’s ratio of new listings to sales has soared from a tight-market reading to a buyer’s-market reading. January sales were down 28% from a year earlier in Alberta and down 22% from a year earlier in Saskatchewan. In the rest of Canada sales were up 3.8% from a year earlier.

CLICK HERE to view this special report! 

So you've decided to sell your home... 

Unfortunately, potential buyers don’t care about how long you obsessed over choosing the perfect bathroom tiles, or the number of contractors you interviewed to make the perfect built-in shelves. To the buyer, those items may not matter to the value of the home, even if you think they should. Your taste may differ from the buyer. 

Price, Location, Condition - in that order. 

When it’s time to sell, you have to price your home RIGHT from the start, using tangible factors and real market stats, as opposed to your sentiments about the home. 

Here are 5 rules to remember:

1. Price is paramount 

Ultimately, above all else, the listing price of your home will determine how long the home will stay on the market. Pricing the home too high may reduce the number of interested buyers coming through the door, which can cause your home to sit longer on the market, which can create the perception that there’s something wrong with it. You want to avoid these outcomes and not overvalue your home. 

On the flip side, pricing the home too low may create some skepticism and raise unwanted questions about the home’s true value or defects. This will hit you in the bank account if multiple offers don’t drive the price up to its true market value.

2. Use comparable sales 

The easiest and best way to figure out the right price for your home is to compare similar homes that have sold in your neighborhood within a reasonable amount of time, this is often 30-60 days dating back. Our team of agents can provide you with a detailed CMA (Comparative Market Analysis) which will outline the above. We will compare your house to those with the same number of bedrooms, bathrooms, similar square footage, garage, etc. If you find comparable homes with similar floor plans and outdoor space, all the better. We will analyze how many homes in your area have sold recently and what they went for; while also considering similar homes that are actively for sale - as these are your competition. 

3. Compare fairly

When looking at comparable sales, compare apples to apples. Consider the desirability of your neighbourhood, location, and think about what buyers want these days. Trends do play a role in the appeal of your home. If a similarly sized, similar location, new-construction home sold for top dollar in your community, you will likely not get the same amount for your 1980's bungalow.

4. Consider rennovations and improvements

It is known that the area of the home to sink your rennovation dollars are the kitchen and bathrooms. Consider whether major improvements you’ve made warrant a higher asking price. If you've invested considerable money in a rennovation or improvement project make sure the price reflects this... But be reasonable; don’t be surprised if you don’t get as much money as you expected—improvements don’t always mean a higher selling price. 

5. Supply & demand

A buyer’s market means there are many homes for sale and sellers competing for the attention of buyers. In this case it might be a good strategy to price your home more competatively to make it more attractive to potential buyers. A seller's market means there is little home supply and much buyer demand, you may have leeway to price slightly more to maximize your profit.

There are currently 81 homes for sale in the community of Cranston in SE Calgary as of November 21, 2014.

There are 32 new listings for houses for sale in Cranston for the past 30 days.  

Price Range of Current Cranston Houses For Sale

0 houses for sale priced between $100,000 and $199,999
1 house for sale priced between $200,000 and $299,999
11 houses for sale priced between $300,000 and $399,999
18 houses priced between $400,000 and $499,999
15 houses priced between $500,000 and $599,999
8 houses priced between $600,000 and $699,999
6 houses priced between $700,000 and $799,999
5 houses priced between $800,000 and $899,999
4 houses priced between $900,000 and $999,999
7 houses priced between $1,000,000 and $1,999,999
0 houses priced between $2,000,000 and $2,999,999

Cranston Houses For Sale by Type

There are 70 single family houses for sale in the Cranston

There are 11 condos for sale Cranston - including townhouse style and apartment style condos. 

Month Cranston Houses For Sale Were Listed

January 2014 - 40
February 2014 - 51
March 2014 - 59
April 2014 - 64 
May 2014 - 62
June 2014 - 53
July 2014 - 38
August 2014 - 53
September 2014 - 52

October 2014 - 50

November - TBD

Summary of MLS Listings in Cranston community in Calgary, Alberta 
Report Generated by Savannah Magnussen via MLS data: November 21, 214

For more information on REAL ESTATE for sale in Cranston or SE Calgary 
contact The Jay Magnussen Real Estate Team 

This is a summary for homes for sale in Okotoks prepared using data from the MLS as of November 11, 2014. 

There are currently 102 homes for sale in Okotoks as of November 21, 2014 including houses and condos. 

There are 50 new listings for houses for sale in Okotoks for the period of October 21, 2014 to November 21, 2014. 

Price Range of Current Okotoks Houses For Sale

0 houses for sale priced between $0 and $99,999
4 houses for sale priced between $100,000 and $199,999
14 houses for sale priced between $200,000 and $299,999
12 houses for sale priced between $300,000 and $399,999
20 houses priced between $400,000 and $499,999
19 houses priced between $500,000 and $599,999
11 houses priced between $600,000 and $699,999
5 houses priced between $700,000 and $799,999
2 houses priced between $800,000 and $899,999
2 houses priced between $900,000 and $999,999
4 houses priced between $1,000,000 and $1,999,999
0 houses priced between $2,000,000 and $2,999,999

Okotoks Houses For Sale Sorted By Area

There are 9 houses for sale in the Air Ranch
There are 23 houses for sale in Cimarron
There are 19 houses for sale in Crystal Shores
There are 0 houses for sale in Downey
There are 9 houses for sale in Downtown Okotoks
There are 8 houses for sale in Drake Landing
There are 0 houses for sale in Hunter's Glen
There are 2 houses for sale in Mountainview
There are 0 houses for sale in Rosemont
There are 2 houses for sale in Sandstone
There are 5 houses for sale in Sheep River
There are 2 houses for sale in Sunset
There are 0 houses for sale in Suntree
There are 4 houses for sale in Tower Hill
There are 7 houses for sale in Westmount
There are 3 houses for sale in Westridge
There are 3 houses for sale in Woodhaven

Month Okotoks Houses For Sale Were Listed

January 2014 - 23
February 2014 - 25
March 2014 - 19
April 2014 -  5
May 2014 - 9
June 2014 - 18
July 2014 - 40
August 2014 - 33
September 2014 - 48
October - 37

Summary of MLS Listings in Okotoks, Alberta 
Report Generated by Savannah Magnussen via MLS data: November 11 2014 at 1:32 pm

For more information contact The Jay Magnussen Real Estate Team

There are currently 108 homes for sale in Okotoks as of November 11, 2014. There are 50 new listings for houses for sale in Okotoks for the period of October 11, 2014 to November 11, 2014. 

The new listings range in price from $148,500 to $1,325,000 with a median price of $499,900. 

Price Range of Current Okotoks Houses For Sale

0 houses for sale priced between $0 and $99,999
4 houses for sale priced between $100,000 and $199,999
13 houses for sale priced between $200,000 and $299,999
10 houses for sale priced between $300,000 and $399,999
21 houses priced between $400,000 and $499,999
23 houses priced between $500,000 and $599,999
12 houses priced between $600,000 and $699,999
5 houses priced between $700,000 and $799,999
3 houses priced between $800,000 and $899,999
2 houses priced between $900,000 and $999,999
5 houses priced between $1,000,000 and $1,999,999
0 houses priced between $2,000,000 and $2,999,999

Okotoks Houses For Sale Sorted By Area

There are 10 houses for sale in the Air Ranch
There are 22 houses for sale in Cimarron
There are 22 houses for sale in Crystal Shores
There are 0 houses for sale in Downey
There are 9 houses for sale in Downtown Okotoks
There are 9 houses for sale in Drake Landing
There are 0 houses for sale in Hunter's Glen
There are 2 houses for sale in Mountainview
There is 1 house for sale in Rosemont
There are 4 houses for sale in Sandstone
There are 5 houses for sale in Sheep River
There are 2 houses for sale in Sunset
There is 1 house for sale in Suntree
There are 4 houses for sale in Tower Hill
There are 7 houses for sale in Westmount
There are 2 houses for sale in Westridge
There are 3 houses for sale in Woodhaven

Month Okotoks Houses For Sale Were Listed

January 2014 - 23
February 2014 - 25
March 2014 - 19
April 2014 -  5
May 2014 - 9
June 2014 - 18
July 2014 - 40
August 2014 - 33
September 2014 - 48
October - 37

Summary of MLS Listings in Okotoks, Alberta 
Report Generated by Savannah Magnussen via MLS data: November 11 2014 at 1:32 pm

For more information contact The Jay Magnussen Real Estate Team 

There are currently 107 homes for sale in Okotoks as of October 8, 2014 in Okotoks. There are 41 new listings for houses for sale in Okotoks for the period of October 1 to October 31, 2014. 

The new listings range in price from $224,000 to $1,325,000 with a median price of $538,000. 

Price Range of Current Okotoks Houses For Sale

0 houses for sale priced between $0 and $99,999
4 houses for sale priced between $100,000 and $199,999
13 houses for sale priced between $200,000 and $299,999
12 houses for sale priced between $300,000 and $399,999
17 houses priced between $400,000 and $499,999
23 houses priced between $500,000 and $599,999
10 houses priced between $600,000 and $699,999
4 houses priced between $700,000 and $799,999
3 houses priced between $800,000 and $899,999
2 houses priced between $900,000 and $999,999
5 houses priced between $1,000,000 and $1,999,999
0 houses priced between $2,000,000 and $2,999,999

Okotoks Houses For Sale Sorted By Area

There are 11 houses for sale in the Air Ranch
There are 27 houses for sale in Cimarron
There are 18 houses for sale in Crystal Shores
There are 0 houses for sale in Downey
There are 11 houses for sale in Downtown Okotoks
There are 10 houses for sale in Drake Landing
There are 0 houses for sale in Hunter's Glen
There is 1 house for sale in Mountainview
There are 0 houses for sale in Rosemont
There are 3 houses for sale in Sandstone
There are 4 houses for sale in Sheep River
There are 2 houses for sale in Sunset
There is 1 house for sale in Suntree
There are 3 houses for sale in Tower Hill
There are 6 houses for sale in Westmount
There are 2 houses for sale in Westridge
There are 3 houses for sale in Woodhaven

Month Okotoks Houses For Sale Were Listed

January 2014 - 23
February 2014 - 25
March 2014 - 19
April 2014 -  5
May 2014 - 9
June 2014 - 18
July 2014 - 40
August 2014 - 33
September 2014 - 48
October - 41

Summary of MLS Listings in Okotoks, Alberta 
Report Generated by Savannah Magnussen via MLS data: October 31, 2014 1:20 pm

For more information contact The Jay Magnussen Real Estate Team 

There are currently 110 homes and condos for sale in Okotoks as of October 248, 2014. There are 44 new listings for houses for sale in Okotoks for the period of September 24 to October 24, 2014. 

The new listings range in price from $ 224,000 to $1,325,000 with a median price of $534,900. 

Price Range of Current Okotoks Houses For Sale

0 houses for sale priced between $0 and $99,999
6 houses for sale priced between $100,000 and $199,999
12 houses for sale priced between $200,000 and $299,999
14 houses for sale priced between $300,000 and $399,999
17 houses priced between $400,000 and $499,999
25 houses priced between $500,000 and $599,999
9 houses priced between $600,000 and $699,999
5 houses priced between $700,000 and $799,999
3 houses priced between $800,000 and $899,999
2 houses priced between $900,000 and $999,999
4 houses priced between $1,000,000 and $1,999,999
0 houses priced between $2,000,000 and $2,999,999

Okotoks Houses For Sale Sorted By Area

There are 11 houses for sale in the Air Ranch
There are 26 houses for sale in Cimarron
There are 17 houses for sale in Crystal Shores
There are 0 houses for sale in Downey
There are 12 houses for sale in Downtown Okotoks
There are 11 houses for sale in Drake Landing
There are 0 houses for sale in Hunter's Glen
There is 1 house for sale in Mountainview
There are 0 houses for sale in Rosemont

There are 2 houses for sale in Sandstone
There are 5 houses for sale in Sheep River
There are 2 houses for sale in Sunset
There is 1 house for sale in Suntree

There are 4 houses for sale in Tower Hill
There are 7 houses for sale in Westmount
There are 2 houses for sale in Westridge
There is 3 house for sale in Woodhaven

Month Okotoks Houses For Sale Were Listed

January 2014 - 23
February 2014 - 25
March 2014 - 19
April 2014 -  5
May 2014 - 9
June 2014 - 18
July 2014 - 40
August 2014 - 33
September 2014 - 48

Summary of MLS Listings in Okotoks, Alberta 
Report Generated by Savannah Magnussen via MLS data: October 24, 2014 12:45 pm 

For more information contact The Jay Magnussen Real Estate Team 

Housing activity is on the rise in Calgary’s surrounding areas with double-digit sales growth in Airdrie, Okotoks and Cochrane by the end of the third quarter. Year-to-date, 4,449 units were sold in all surrounding areas, which represents a 26 per cent increase over the previous year.

“After the first three quarters of the year, sales activity continues to climb at a good pace in surrounding communities," says CREB® president Bill Kirk. “Many of these areas offer a lifestyle choice that appeals to consumers, with home prices that are generally more affordable.”

Overall benchmark prices and year-over-year growth has been higher in Calgary compared to the overall surrounding areas. In the third quarter, typical single-family home prices in Airdrie, Cochrane and Okotoks were 32, 15 and 18 per cent lower, respectively than in Calgary.

“Low interest rates, rising wages, positive net migration and tight market conditions in Calgary continue to support the demand growth in the regional resale housing market this year," says CREB® chief economist Ann-Marie Lurie. “As supply levels for homes priced under $400,000 in the single-family market have declined in the City of Calgary, many consumers are considering their options in surrounding areas.”

Sales growth in Airdrie is on pace for a record year after the city posted its best third quarter ever. Sale activity totaled 455 units between July and September, a 16 per cent jump relative to last year. Year-to-date sales have increased by 28 per cent to 1,354 units.

While sales in Okotoks declined by six per cent in the third quarter to 198 units, year-to-date activity remains 15 per cent above the first three quarters of last year. This quarter's decline can largely be attributed to record levels reported during the same period last year.

New listings increased in Okotoks by 12 per cent to 246 units during the quarter. This helped to ease market tightness and price growth compared to the second quarter of this year. The single-family benchmark price in the third quarter averaged $417,967, a 0.3 per cent increase from the previous quarter and a 7.46 per cent year-over-year increase.

Cochrane sales continue to outpace gains in new listings, pushing inventory levels and months of supply down. Reduced inventory has supported price gains in Cochrane. Single-family average benchmark prices totaled $433,933 in the third quarter, a 2.87 per cent increase over the previous quarter and 6.9 per cent increase relative to the same period last year.

Information taken from the Calgary Real Estate Board, CREB.com 

CREB® offers a quarterly statistics package for Airdrie, Cochrane and Okotoks. View the full package for additional details.

 Want to know MORE? Contact The Jay Magnussen Real Estate Team today!  

There are currently 120 homes for sale in Okotoks as of October 8, 2014 in Okotoks. There are 52 new listings for houses for sale in Okotoks for the period of September 8 to October 8, 2014. 

The new listings range in price from $579,900 to $949,900 with a median price of $535,000. 

Price Range of Current Okotoks Houses For Sale

0 houses for sale priced between $0 and $99,999
7 houses for sale priced between $100,000 and $199,999
9 houses for sale priced between $200,000 and $299,999
16 houses for sale priced between $300,000 and $399,999
22 houses priced between $400,000 and $499,999
28 houses priced between $500,000 and $599,999
13 houses priced between $600,000 and $699,999
5 houses priced between $700,000 and $799,999
2 houses priced between $800,000 and $899,999
1 houses priced between $900,000 and $999,999
5 houses priced between $1,000,000 and $1,999,999
0 houses priced between $2,000,000 and $2,999,999

Okotoks Houses For Sale Sorted By Area

There are 14 houses for sale in the Air Ranch
There are 34 houses for sale in Cimarron
There are 17 houses for sale in Crystal Shores
There are 0 houses for sale in Downey
There are 12 houses for sale in Downtown Okotoks
There are 14 houses for sale in Drake Landing
There are 0 houses for sale in Hunter's Glen
There is 1 house for sale in Mountainview
There are 0 houses for sale in Sandstone
There are 3 houses for sale in Sheep River
There are 1 houses for sale in Sunset
There are 4 houses for sale in Tower Hill
There are 6 houses for sale in Westmount
There are 2 houses for sale in Westridge
There is 5 house for sale in Woodhaven

Month Okotoks Houses For Sale Were Listed

January 2014 - 23
February 2014 - 25
March 2014 - 19
April 2014 -  5
May 2014 - 9
June 2014 - 18
July 2014 - 40
August 2014 - 33
September 2014 - 48

Summary of MLS Listings in Okotoks, Alberta 
Report Generated by Savannah Magnussen via MLS data: October 8, 2014 12:30 pm

There are currently 132 Okotoks homes for sale as of Septmber 30, 2014 in Okotoks. There are 53 new listings for houses or condos for sale in Okotoks for the period of 30 days - August 31 to September 30, 2014. 

The new listings range in price from $259,900 to $1,019,900 with a median price of $514,900. 

Price Range of Current Okotoks Houses For Sale

0 houses for sale priced between $0 and $99,999
9 houses for sale priced between $100,000 and $199,999
12 houses for sale priced between $200,000 and $299,999
14 houses for sale priced between $300,000 and $399,999
30 houses for sale priced between $400,000 and $499,999
29 houses for sale priced between $500,000 and $599,999
13 houses for sale priced between $600,000 and $699,999
5 houses for sale priced between $700,000 and $799,999
2 houses for sale priced between $800,000 and $899,999
1 houses for sale priced between $900,000 and $999,999
6 houses for sale priced between $1,000,000 and $1,999,999
0 houses for sale priced between $2,000,000 and $2,999,999

Okotoks Houses For Sale Sorted By Area

There are 14 houses for sale in The Air Ranch
There are 33 houses for sale in Cimarron
There are 21 houses for sale in Crystal Shores
There are 1 houses for sale in Downey
There are 13 houses for sale in Downtown Okotoks
There are 13 houses for sale in Drake Landing
There are 0 houses for sale in Hunter's Glen
There are 1 houses for sale in Mountainview
There are 0 houses for sale in Rosemont
There are 2 houses for sale in Sandstone
There are 5 houses for sale in Sheep River
There are 2 houses for sale in Sunset
There are 3 houses for sale in Tower Hill
There are 7 houses for sale in Westmount
There are 4 houses for sale in Westridge
There are 5 houses for sale in Woodhaven

Month Okotoks Houses For Sale Were Listed

January 2014 - 23
February 2014 - 25
March 2014 - 19
April 2014 -  5
May 2014 - 9
June 2014 - 18
July 2014 - 40
August - 53

Summary of MLS Listings in Okotoks, Alberta 
Report Generated by Savannah Magnussen via MLS data: September 30, 2014 11:15 AM

If you would like more information about homes for sale in Okotoks,
CONTACT our Okotoks Real Estate Team today!