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Subscribe with RSS ReaderDig's n Things - Real Estate and More with Dan WelykSubscribe to Dig's n Things - Real Estate and More! by EmailMonday, June 1, 2009 May 2009 Calgary Real Estate Board StatisticsMay 2009 Calgary Real Estate Board Statistics - up 23% over April 2009! Continuing to show signs of stabilization along with gains from this time last year!
With just over 70% of all sales being under $400,000, this shows us that entry level housing is continuing to dominate similar to the previous months this year. With first time buyers being this active, the sales will spill outwards to the higher price ranges - thus further stabilizing the Calgary Market. Further, the number of single family homes being sold versus the number of new listings is just over 70%! This is very promising news as we have been well below the 50% mark for quite some time. Once we reach levels of 65+%, these bring "average" market conditions.
Now be sure you are sitting down...the median price for Calgary went up from $380,000 to $390,000! Has been a very long time since we have seen a solid increase in values here! To view the full statistical package - download it here.
SnapShot of Calgary's May 2009 Market
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