Dan Welyk Realtor®  Since 1999

There Is No Substitute for Experience.

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My apologies for the delay pushing the statistics out, due to a back end issue, I have been unable to publish to my blog.

October showed an increase in market activity by 10% over this same time period in 2010 giving us the ability to feel more secure in our market conditions in comparison, however aside from median condo prices, the market is down from last month.

Inner city, more established communities also have shown an increase in sale prices on average with Shaganappi having a 139% increase.  This reflection is largely based on some luxury home sales.

New communities are struggling somewhat – we are seeing sales but activity is not as strong as seller’s would like to see.  Definitely some good buys out there if you are looking for a new home.

The average sale price in Calgary is at $455,400 down slightly from September and the more important median price is down by $5,000 to $395,000.

Market SnapShot

Single Family

 

 

Condo

 

 

Oct

Sept

 

Oct

Sept

Inventory

4486

4753

 

1935

2008

New Listings

1797

2327

 

757

900

Sales

988

1036

 

368

429

Avg DOM

58

48

 

57

58

Avg Sale Price

$455,399

$466,167

 

$282,903

$299,508

Median Price

$395,000

$400,000

 

$262,625

$260,000

 

To view the entire statistics package (.PDF).

Do you know anyone looking for an Inner City Home on a Massive Pie Lot?

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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.