Dan Welyk Realtor®  Since 1999

There Is No Substitute for Experience.

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August was a solid month for the Calgary Real Estate market.  Increased sales, lower new listings, average price increase and a lower average days on market.  Dont' be alarmed, that sounds like a shift in our market conditions.  I don't think so at this point.  Will have to keep a close eye on the changes over September and October.  See how we finish off the last quarter of the year and we will see what kind of 2013 we will have.

 

Check out the August 2012 Real Estate Statistic snapshot.

 

 

Market Snapshot

Single Family

Condo/Apartment

Condo/Townhouse

Monthly

Aug/11

Aug/12

%Chg

Aug/11

Aug/12

%Chg

Aug/11

Aug/12

%Chg

Total Sales

1101

1169

6.18%

284

315

10.92%

184

240

30.43%

New Listings

2095

1812

13.51%

512

464

-9.38%

353

309

-12.46%

Average Price

$454,594

$475,272

4.55%

$262,961

$281,940

7.22%

$320,269

$309,309

-3.42%

Active Listings

N/A

3532

N/A

N/A

1065

N/A

N/A

584

N/A

Pending Sales

N/A

159

N/A

N/A

59

N/A

N/A

33

N/A

Days on Market

48

42

-12.5%

55

51

-7.27%

51

49

-3.92%

 To view a full statistic listing package, download this .PDF file

 

What are your thoughts on the current market?  What are your predictions for the next year?  Post a comment and let me know.

 

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Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.