Where Do Calgary's Wealthy buy Homes?
Where do Calgarian's with high net-worth buy property in the city? Overwhelmingly it seems in Southwest Calgary Neighbourhoods:
- two-thirds (68%) of Calgary luxury sales are in SW Calgary
- one-quarter (24%) of Calgary luxury sales are in NW Calgary
- one-tenth (9%) of Calgary luxury sales are in SE Calgary
- Notably, there have been no million dollar+ sales in NE Calgary year-to-date
There have been 417 "million dollar+ sales" year to date in metro Calgary. This number represents the highest percentage of luxury sales to total metro sales recorded in any of the past 5 years:
- 2011: 417 luxury sales out of a total 16,922 metro sales = 2.46% *year-to-date*