With the COVID outbreak putting a halt to daily life as we know it, one metric I am watching closely is the number of homes that are going firm (sold) every day. These are homes that generally would have had offers on them 10-14 days ago, and have just completed conditions. Usually we are ramping up our spring market right now, so the number of homes sold starts to increase this time of year. Keep in mind last year was the worst total sales years in Calgary in 25 years. Here is what today's number are for March 30-31 this year and last in Calgary and the surrounding area:
March 30-31 2019: 65
March 30-31 2020: 39
Keep in mind, last year these dates fell on a weekend, and we usually don't remove conditions on Saturday or Sunday. Last week those numbers weren't any where near the same. We'll keep updating this every day as the outbreak goes on. Let's see what the trend does!
Click below to see all the homes that have sold in the past 24 hours.