Calgary Real Estate Area Index

Jim Sparrow
Royal LePage Solutions

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Royal LePage Calgary Royal LePage Solutions
#16, 11625 Elbow Drive SW,
Calgary, AB. T2W 1G8
Direct: (403) 703-2404
Office: (403) 252-5900
Fax: (403) 705-1960

Nov 09 Metro Calgary Stats

Posted by Jim Sparrow on Wednesday, December 2nd, 2009 at 11:00am.

Calgary Market Stats - November 2009 

calgarymetrostatsnov09_897

There's no question that confidence has returned to the Calgary real estate market, as witnessed by the number of higher priced properties that are now selling. At the same time low interest *mortgage* rates and an exceptionally low listing inventory (metro Calgary inventory now sitting at just over 2.5 months of listings) are supporting the price levels.  

The Calgary real estate market maintained its recovery from last years economic downturn by recording yet another strong month in November. Metro Calgary MLS sales for November 2009 show combined residential sales *SF homes + condos* of 1,599 units, a more than 67% increase from the same time last year. At the same time the price of an average SF Calgary home continues to climb, coming in at $464,444, 6.7% higher than Nov 2008 and about 1/2% higher than last month. Number of sales were down from last month but that's entirely consistent with the seasonal trends of the Calgary market.

   Nov-09   Oct-09  Nov-08

 Nov-09

      vs

  Nov-08

 Nov-09 

    vs

  Oct-09

 SF Sales 1,095 1,286670 +63.4% -14.9%
 Condo Sales 504 601284  +77.5% -16.1%
 Total Metro Sales 1,599 1,886954 +67.6% -15.2%
 Avg SF Price $464,444 $462,464 $435,471 + 6.7% + 0.4%
 Avg Condo Price $294,154 $289,154 $285,820 + 3.0% + 1.8%
 DOM - SF Sales 42 4155- 13 + 1
 DOM - Condo Sales 44 4451 -  5 + 2 

 

Calgary Mobile MLS® Search

Calgary Mobile MLS Search

 

Be sure to try our Calgary Mobile Search feature which allows you full search access to all current Calgary MLS® listings on your smartphone.

The next time you're out in the car and want details on a current Calgary MLS® listing simply use the mobile search feature to access full details or to inquire or arrange a showing.

Simply choose the:

  • Community (ie/ Elbow Park), and
  • Type of property (either SF or condo/townhouse)
  • You can also search by NAME of the street (don't include street suffix ie/ RD, ST). House / building numbers can be included 

 

Jim Sparrow sells Calgary Real Estate with Royal LePage Calgary & specializes in South Calgary estate and luxury homes. Visit our website Calgary Luxury Real Estate our blog Calgary Real Estate Blog or page me directly at Royal LePage Solutions 403.252.5900

Follow Calgary Realtor Jim Sparrow on Twitter

 

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2 Responses to "Nov 09 Metro Calgary Stats"

Twitted by CalgaryRealtor wrote:
[...]This post was Twitted by CalgaryRealtor @PhxREguy tell me what you think of new mobile search feature .... http://tinyurl.com/yefo2hj http://twitter.com/CalgaryRealtor/statuses/6276053308[...]

Posted on Wednesday, December 2nd, 2009 at 11:59 AM.

Greg wrote:
Just tried your Calgary MLS mobile search on my Telus Android Hero -- very cool. Sick app man

Posted on Wednesday, December 2nd, 2009 at 5:44 PM.



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