Realtor, Real Estate Okotoks, Cochrane, Calgary


Big city deals with a small town feel! 

Specializing in Real Estate in Calgary, Okotoks, Cochrane & Area


Call or text 403.700-2532   Email: home@griffinre.ca

Brett Murrell, Realtor Real Estate Agent serving Calgary, Okotoks, Cochrane & areas

Maybe you’re buying a home for the first time. Or maybe you’re selling your old home to move to something new. Whether buying or selling, you’re involved in an intricate process requiring many specialists. One of these specialists might be a REALTOR®, who’s responsible for making the transaction as easy as possible for you.

The REALTOR® Difference

However, not every licensed or registered broker or salesperson is a REALTOR®. To be a REALTOR®, the agent must be a member of The Canadian Real Estate Association (CREA). And to be a member of CREA, an agent is expected to be:

  • Committed to the REALTOR® Code: The code is the accepted standard of conduct for all real estate practitioners who are REALTORS®. It’s your guarantee of professional conduct and the quality service. Read more about the REALTOR®Code.
  • Knowledgeable about developments in real estate: A REALTOR® can get you the information needed to make an informed decision: comparable prices, neighborhood trends, housing market conditions and more.
  • Actively updating education: Through courses, workshops and other professional development, a REALTOR®maintains a high level of current knowledge about real estate.
  • Access: REALTORS® have access to Board MLS® Systems, which facilitate the cooperate sale of properties to benefit consumers.

Benefits of a REALTOR®

Whether buying or selling a home, you can trust that your REALTOR® will ensure the transaction is completed competently and professionally. You don’t have to worry about the details – your REALTOR® can take care of them for you. You can get advice from someone with an intimate knowledge of the local housing market. And you can count on the help of a professional who has committed to serve with integrity and competence.

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Brett Murrell, Realtor Real Estate Agent serving Calgary, Okotoks, Cochrane & areas


Calgary Real Estate


As we settle into 2017, we are seeing significant improvements to the pace of sales, overall market conditions, and most importantly, consumer confidence. The energy market is the biggest driver of stability as oil prices have now increased by 75% year-over-year to the mid $50 range. This price range offers job security and many positions to be restored. While it is still not pre-2015 conditions, consumers are opening their wallets and starting to make the home purchases they have been putting off.


Calgary is a tale of two markets. Overall, 30-day sales volumes are up almost 30% from a year ago and we are sitting solidly in a balanced market with 3.24 months of inventory (balanced is 2.5mths–4.0mths). The busiest side of the market is in single family detached homes, which are up 32% in last 30 days of sales compared to this time last year. With only 2.34 months of inventory, we are in sellers’ market conditions and some buyers are facing multiple offers in lower prices ranges.


The condo market is still facing a surplus of inventory but is moving in the right direction with a 30%+ increase in sales. At 4.96 months of inventory, buyers still have the advantage but this is trending towards a balanced market with each passing day. A wild card affecting price growth on the condo side will be the number of new buildings expected to be completed, which could increase inventories in the next 12 months.


Overall, the conditions are right for price growth this year. The Calgary Real Estate Board is forecasting 2% increases across the market. For sellers, we expect a great year when priced with the market (overpricing will not work). For buyers, you have lots of great options on the condo side of the market but you may find yourself facing more competition for listings when looking at the single family detached segment.


Source: CIR

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Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.