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Monday, October 3, 2011

September 2011 Calgary Real Estate Board Statistics

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September shows a 7% increase in sales over the same period in 2010 giving us a slight jump in numbers, however does this reflect in overall pricing increases?  No. 
I have seen some communities slip backwards in pricing however this may simply be – the homes selling are the ones priced right.  That is ultimately a reality.

October will more than likely mirror September’s home sales so if you are considering selling, accurate pricing is crucial – do not try push the market by listing higher than what is recommended.  You may be looking at a price reduction after a few weeks.

Market SnapShot

Single Family

 

Condo

Inventory

4753

 

2008

New Listings

2327

 

900

Sales

1036

 

429

Avg DOM

48

 

58

Avg Sale Price

$466,167

 

$299,508

Median Price

$400,000

 

$260,000

 

To view the entire statistics package, click here (.PDF).

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