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Tagged : Calgary condo sales

Found 8 blog entries tagged as "Calgary condo sales".

Calgary home buyers continue to keep their foot on the pedal, with January sales up a sizeable 15% from the same month last year. Both single family home and condo sales rose by approximately the same percentage over last years number. This marks the twelfth consecutive month that Year over Year sales have increased. Calgary is one of the only major cities in the country to see an increase in sales this year.

Calgary Single Family Home Prices

Calgary real estate market review January 2013

Total sales of Calgary homes and condos in the metro area were 1,230 vs 1,069 last January, a 15.1% increase

  • SF home sales @ 879 vs 763 last January
  • Median SF sale price @ $435,500, up 10.3% over last January's $395,000 
  • Median SF sale price sets a new record for the month of January, 6% higher
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Calgary's real estate market continued to defy the slumping national trend by ending the year with another month of year-over-year increases in both the price and sales number categories. This comes as no surprise to most analysts as 2012 saw the metro Calgary residential market record the highest number of sales since 2007. Both the average and the median house price established new record highs for December.

Number of Calgary Residential Sales: December

Total residential houses & condos sold in Calgary - Dec 2012

  • Combined residential sales in Calgary totalled 1,083 (4.9% increase vs 1,025 sold in Dec 2011)
  • Total Calgary homes (houses) sold: 745 (3.2% increase over 722 sold in Dec 2011)
  • Total Calgary condos sold: 338 (9.0% increase over 310 sold in Dec 2011)
  • Previous 5 year average was:
3,555 Views, 2 Comments

Calgary Home Sale Price Sets New Record

Calgary Real Estate Market Report - May 2012 June 8th: May 2012 was another strong month for the Calgary real estate market, with a couple of new records set for May MLS sales.

Both the average and median sale price for a Calgary home eclipsed previous record levels for the month, and were close to topping the all-time records in both these categories.  

Calgary Home Sales

Calgary home sales (single family) totalled 1,713 in May, 31% more than last years number and the highest number of sales since May 2007. The average sale price of $501,957 was a new record for the month, as was the median sale price of $436,000. Median sale price is the level at which half the number of sales are higher and the other half are lower

Single family homes sold in Calgary - May 2012

  • May 2012 SF home
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Calgary Real Estate Market Sends Mixed Signals for April 2012 

Calgary Dream Homes Jim Sparrow MLS® sales for April 2012 gave mixed results for the metro Calgary real estate market. While the number of sales for both single family homes and condos was up dramatically vs. April last year, sale prices for Calgary houses stayed flat, with condo prices showing some improvement.

Inevitably there will be a lot of discussion about the increased number of sales this year compared with April 2011, so allow me to provide a bit of context (seeing the forest through the trees if you will):

Last April (2011) was the poorest April in the past 10 years for Calgary home & condo sales.

*see combined sales below; All sales numbers & prices are for homes located within metro Calgary*

 

Total Metro Calgary Sales: April 2012
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Calgary house sales surge in March? 

Your trusted source for Calgary Real EstateCalgary Herald headline (April 2/12) read "Calgary house sales surge in March". Great tagline, the story goes on to describe how Calgary home sales showed a "stunning" growth when compared with a year ago (read full article here).

While all of this is fact, these numbers are all relative to those they're being compared to. We'd like to offer another perspective on the market, and allow readers make up their own minds.

According to WEBSTERS, Surge (verb) = "to rise suddenly to an excessive or abnormal value"

Not convinced that "surge" was the best way to describe last month's sales numbers, I checked the Calgary Real Estate Board's (CREB's) database for March sales in each of the past 10 years:

 

March 2012 Calgary Home Sales

While the graph

2,849 Views, 1 Comment

Calgary Real Estate: October 2011 Market Review

Calgary Real Estate Market Stats - October 2010

  •  SF Calgary MLS® sales for the month of October 2011 showed an 11.5% increase over October 2010.
  • Average sale price for Calgary homes was $455,247, a 2.3% increase over Oct 2010.
  • Median sale price for Calgary homes was $395,000, a 1.5% increase over Oct 2010.
  • Average days on market (DOM) for SF Calgary home sales in October was 52 days
  • Calgary MLS® condo sales also were much stronger, with 20.2% more condo units selling last month vs October 2010.
  • Average sale price for Calgary condos was $282,743, a 1.8% decrease over from Oct 2010
  • Median sale price for Calgary condos rose 2.0% from the October 2010 level
  • Average days on market (DOM) for Calgary condos was 57 days

 Calgary Real Estate

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Calgary Real Estate: September 2011 Market Review

Calgary Real Estate Market Stats - Sept 2010

  •  SF Calgary MLS® sales for the month of Sept 2011 showed a 10.7% increase over Sept 2010.
  • Average sale price for Calgary homes was $466,167, a 1.3% increase over Sept 2010.
  • Median sale price for Calgary homes was $400,000, a 2.6% increase over Sept 2010.
  • Average days on market (DOM) for SF Calgary homes was 48 days
  • Calgary MLS® condo sales also were much stronger, with 16.9% more units selling last month vs Sept 2010.
  • Average sale price for Calgary condos was $299,315, a 5.4% increase over the same month last year.
  • Median sale price for Calgary condos actually fell 1.9% from the Sept 2010 level.
  • Average days on market (DOM) for Calgary condos was 58 days

 Calgary Real Estate Prices:

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Calgary home prices 2009-2010

Statistics for the month of March 2010 show the Calgary real estate market is back on track with sales figures & average house prices nearly the same as 2 years ago *March 2008 number of Calgary home sales 1,418 vs 1,396 March 2010; March 2008 Avg Sale Price $474,513 vs $471,268 March 2010*. I don’t believe comparisons with the first half of 2009 have much relevance as the market numbers were skewed by the worldwide recession.

March 2010 Calgary Real Estate Stats

 

Mar 2010

vs Mar 09

vs Mar 08

vs Mar 07

 Calgary house sales

 1,396

1,086 (+1%)

 1,418 (-2%)

 2,272 (-39%)

 Avg house price

 $471,269

 $420,354(+12%)

 $474,513(-1%)

$479,914(-2%)

 Days on market: house

 33

 48 (-31%)

 48 (-31%)

24

4,050 Views, 3 Comments