Matt Burnham : CIR Realty : Archived blog posts for : March 2025

I have sold a property at 24 Westmount ROAD in Okotoks

Posted on March 24, 2025 by Matt Burnham

I have sold a property at 24 Westmount ROAD in Okotoks on Mar 24, 2025. See details here

** OPEN HOUSE SATURDAY MARCH 8th 1:00p.m-4:00p.m ** Nestled in one of Okotoks’ most sought-after neighbourhoods, this freshly painted 2,321 sqft home offers the perfect blend of comfort, convenience, and space. Backing directly onto Westmount School (K-9), the west-facing backyard provides beautiful green space views, complete with new garden boxes and a private deck—the perfect spot to enjoy long summer evenings. With three oversized bedrooms, 2.5 bathrooms, and a thoughtfully designed layout, this home is ideal for families looking for both function and style. Step inside to find rich hardwood flooring throughout the main level, where an inviting open-concept kitchen flows seamlessly into the family and dining rooms, all framed by large windows that fill the space with natural light. The kitchen features granite countertops, providing both elegance and durability for everyday use. A main-floor office offers a quiet workspace, while the heated garage and central air conditioning add to the home’s year-round comfort. Upstairs, a vaulted bonus room creates a fantastic second living area, perfect for movie nights or a playroom. Down the hall, two generously sized bedrooms accompany the impressive primary suite, where breathtaking views of the greenspace make for a tranquil retreat. The ensuite is a showstopper—featuring a massive soaker tub, an oversized shower, a private water closet, and a spacious walk-in closet. The unfinished basement is a blank canvas, ready for your personal touch and offering the opportunity to build even more equity. Additional updates include a newer washer and hot water tank, ensuring peace of mind for years to come. With parks, shopping, walking paths, and schools all within easy reach, this home is a rare find in today’s low-inventory market. Family-friendly homes under $700K don’t last long—don’t miss your chance to make this one yours!

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Calgary's Real Estate Market: A Little Shift, But Still Steady in March 2025

Posted on March 18, 2025 by Matt Burnham

Posted in Market Update

Calgary's Real Estate Market: A Little Shift, But Still Steady in March 2025

Let's talk about what's happening in the Calgary real estate scene. If you're thinking about buying or selling, you'll want to know this stuff.

The Big Picture: Things Are Cooling a Bit, But Not Freezing

So, here's the deal: February 2025 saw a bit of a dip in home sales compared to last year. We're talking a 19% decrease, totaling 1,721 transactions. But, and this is important, sales are still higher than what we'd normally see in February. Basically, things were super hot for a while, and now they're just settling down a bit.

More Homes on the Market? Yes!

Good news for buyers! We're seeing more homes pop up for sale. There were 2,830 new listings in February, keeping pace with historical norms. This helped boost overall inventory to 3,639 homes—a significant 68.6% jump from last year. The sales-to-new listings ratio landed at 61%, which is still above long-term averages but lower than what we’ve seen in the past three years. That means more choices for you! But, even with more homes, it's still kind of a seller's market, especially for certain types of houses.

Prices: Still Going Up, But Not Skyrocketing

Prices are still increasing but at a slower pace. The average benchmark price in Calgary is around $587,600, up 1% from last year. Detached homes and semi-detached homes saw the biggest price jumps.

Detached Homes: Around $760,500 (up 5%)
Semi-Detached Homes: Around $683,500 (up 7%)
Row Houses: Around $446,880 (up 3%)
Apartment Condos: Around $334,200 (up 4%)

What About the Surrounding Areas?

Airdrie: More homes are available, and prices are relatively stable.
Cochrane: Both sales and listings are up, and prices are nearing record highs.
Strathmore: A balanced market with steady growth.
Okotoks: Sales are slightly down, but inventory is still tight, keeping prices pretty steady.

Tips for Buyers

Be Ready to Act: If you see a place you love, jump on it!
Look at All Your Options: Don't just focus on one type of home.
Stay Informed: Keep up with the latest market trends.

Tips for Sellers

Price It Right: A good price will attract buyers.
Make Your Home Shine: A little staging and curb appeal go a long way.
Be Responsive: Answer questions quickly and be flexible with showings.

Mortgage Rates: What's Happening?

Okay, let's talk about mortgages. Fixed rates are down a bit; it dropped by 0.10% to 0.25% in early 2025, but not as much as they could be. Variable rates are a bit tricky, so if you're thinking about one, lock in those discounts sooner rather than later. Also 30 year amortization is now available for first time home buyers, and buyers purchasing newly built homes.

The bottom line? Mortgage rates are still a bit uncertain, so it's a good idea to talk to a mortgage professional.

In a Nutshell

The Calgary real estate market is adjusting. We're seeing more homes available, and prices are still going up, but at a more moderate pace. If you're buying or selling, do your homework and work with a good real estate agent.

Got questions? Don't hesitate to reach out! Click HERE to stay updated on what’s happening in your area.

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New property listed in Okotoks, Okotoks

Posted on March 7, 2025 by Matt Burnham

Posted in Okotoks, Okotoks Real Estate

I have listed a new property at 24 Westmount ROAD in Okotoks. See details here

** OPEN HOUSE SATURDAY MARCH 8th 1:00p.m-4:00p.m ** Nestled in one of Okotoks’ most sought-after neighbourhoods, this freshly painted 2,321 sqft home offers the perfect blend of comfort, convenience, and space. Backing directly onto Westmount School (K-9), the west-facing backyard provides beautiful green space views, complete with new garden boxes and a private deck—the perfect spot to enjoy long summer evenings. With three oversized bedrooms, 2.5 bathrooms, and a thoughtfully designed layout, this home is ideal for families looking for both function and style. Step inside to find rich hardwood flooring throughout the main level, where an inviting open-concept kitchen flows seamlessly into the family and dining rooms, all framed by large windows that fill the space with natural light. The kitchen features granite countertops, providing both elegance and durability for everyday use. A main-floor office offers a quiet workspace, while the heated garage and central air conditioning add to the home’s year-round comfort. Upstairs, a vaulted bonus room creates a fantastic second living area, perfect for movie nights or a playroom. Down the hall, two generously sized bedrooms accompany the impressive primary suite, where breathtaking views of the greenspace make for a tranquil retreat. The ensuite is a showstopper—featuring a massive soaker tub, an oversized shower, a private water closet, and a spacious walk-in closet. The unfinished basement is a blank canvas, ready for your personal touch and offering the opportunity to build even more equity. Additional updates include a newer washer and hot water tank, ensuring peace of mind for years to come. With parks, shopping, walking paths, and schools all within easy reach, this home is a rare find in today’s low-inventory market. Family-friendly homes under $700K don’t last long—don’t miss your chance to make this one yours!

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Open House. Open House on Saturday, March 8, 2025 1:00PM - 4:00PM

Posted on March 7, 2025 by Matt Burnham

Posted in Okotoks, Okotoks Real Estate

Please visit our Open House at 24 Westmount ROAD in Okotoks. See details here

Open House on Saturday, March 8, 2025 1:00PM - 4:00PM

** OPEN HOUSE SATURDAY MARCH 8th 1:00p.m-4:00p.m ** Nestled in one of Okotoks’ most sought-after neighbourhoods, this freshly painted 2,321 sqft home offers the perfect blend of comfort, convenience, and space. Backing directly onto Westmount School (K-9), the west-facing backyard provides beautiful green space views, complete with new garden boxes and a private deck—the perfect spot to enjoy long summer evenings. With three oversized bedrooms, 2.5 bathrooms, and a thoughtfully designed layout, this home is ideal for families looking for both function and style. Step inside to find rich hardwood flooring throughout the main level, where an inviting open-concept kitchen flows seamlessly into the family and dining rooms, all framed by large windows that fill the space with natural light. The kitchen features granite countertops, providing both elegance and durability for everyday use. A main-floor office offers a quiet workspace, while the heated garage and central air conditioning add to the home’s year-round comfort. Upstairs, a vaulted bonus room creates a fantastic second living area, perfect for movie nights or a playroom. Down the hall, two generously sized bedrooms accompany the impressive primary suite, where breathtaking views of the greenspace make for a tranquil retreat. The ensuite is a showstopper—featuring a massive soaker tub, an oversized shower, a private water closet, and a spacious walk-in closet. The unfinished basement is a blank canvas, ready for your personal touch and offering the opportunity to build even more equity. Additional updates include a newer washer and hot water tank, ensuring peace of mind for years to come. With parks, shopping, walking paths, and schools all within easy reach, this home is a rare find in today’s low-inventory market. Family-friendly homes under $700K don’t last long—don’t miss your chance to make this one yours!

Read