Use the recent sale pace and supply level to set your touring and offer rhythm.
You are trying to decide if you should start touring now or keep waiting for more choices. My answer start touring with a plan, because recent supply was 4.75 months, which is enough to compare homes, but not enough to stay passive forever.
In Diamond Valley, AB, the buyers who win are the ones who move with structure.
One number to respect from recent data is 4.75 months of supply recently, paired with 19 active listings, 12 new listings, and 4 sales over the most recent month. A typical sale took 45 days last month, and buyers paid about 97.7% of asking on average in Diamond Valley, AB.
Where people get this wrong is waiting for a perfect moment and then rushing when the right home finally appears. Some metrics were not reported for this period. What we do know is the market is giving you time to compare 45 days is not a blink, but pricing outcomes are still fairly close to ask when a home is right.
Tour with filters, not feelings. Decide your non-negotiables before you book showings, then use the current selection of 19 homes to quickly eliminate what does not fit so you can act fast when it does in Diamond Valley, AB. When you find the right home, write an offer that is realistic on price given the 97.7% of asking behavior recently, and keep your timeline tight so your deal stays clean from day one.
