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

Tagged : Calgary home sales

There are currently 5 blog entries matching this tag.

Calgary Real Estate: Mixed Signals from April 2012

Tuesday, May 1st, 2012 at 11:03am. 961 Views, 0 Comments.

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
  • 10 year average for…


Calgary House Sales Surge in March?

Sunday, April 8th, 2012 at 1:25pm. 818 Views, 1 Comments.

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 shows last…


Calgary Real Estate Stats: October 2011

Wednesday, November 2nd, 2011 at 9:55am. 1379 Views, 0 Comments.

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 Prices: October 2011 

Calgary metro real estate stats October 2011


Calgary Real Estate Stats: September 2011

Saturday, October 15th, 2011 at 4:21pm. 953 Views, 0 Comments.

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: September 2011

Calgary metro real estate stats September 2011

Calgary Real…


Calgary prices back to 2008 levels: March 2010 Calgary Stats

Friday, April 2nd, 2010 at 10:05pm. 1894 Views, 3 Comments.

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 (+38%)

 Calgary condo sales

 609

 446 (+37%)

 565 (+8%)

1,026(-41%)

 Avg condo price

 $296,660


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