February 5th, 2012

Good evening everyone,

As of this evening we have 3112 single family homes and 1493 condominiums listed on the Calgary MLS system for a total of 4605 residential properties.

The City of Calgary residential market recorded 1,078 sales in January, nearly one per cent below the same month in 2011. This is in part related to the drop in new listings, which declined by 8 per cent over January 2011, causing inventory levels to continue to contract over 2011.

The single-family market recorded a one-per-cent drop in sales over last year levels, while the condominium market recorded a one-per-cent gain. However, the decline in new listings in the single-family market was much higher than the condominium market, with a year-over-year decline of 11 per cent and 6 per cent, respectively.

The average price of single-family homes in January 2012 was $438,683, a 3-per-cent drop over last year, and over December 2011. Meanwhile, median prices in the single-family market remain relatively stable over last month at $395,000, while posting a 1-per-cent gain over the previous year.

The condominium market continues to favor the buyer; however, this market is trending towards balance. The average and median price of condominiums for the month of January 2012 were $268,526 and $245,000, respectively. This corresponds to a 7-per-cent decline in average prices and a 4-per-cent decline in median prices.

Last January, there was a significant jump in sales in both the $600,000+ price range and the under-$200,000 price range in condominiums. For January 2012, while sales under $200,000 remain strong, there has been an increase in activity in the $200,000-$299,999 price range, mostly at the expense of the condominiums priced above $400,000. This explains the significant decline in condominium prices.

Days on market sold for single family homes in January was 60 compared to 57 last year, and 63 for condominiums compared to 62 in 2011.

Following is a breakdown of January sales of homes and condominiums according to sale price...................

Price of Houses                 Sales       % of market

0 - 99,999                               0              0.00%
100,000 - 199,999                16              2.07%
200,000 - 299,999              124            16.04%
300,000 - 349,999              127            16.43%
350,000 - 399,999              129            16.69%
400,000 - 449,999              100            12.94% ............64.17% of home sales were under $450,000
450,000 - 499,999                81            10.48% ............74.65% of home sales were under $500,000
500,000 - 549,999                63              8.15%
550,000 - 599,999                35              4.53%
600,000 - 649,999                23              2.98%
650,000 - 699,999                13              1.68%
700,000 - 799,999                25              3.23%
800,000 - 899,999                10              1.29%
900,000 - 999,999                12              1.55%
OVER 1,000,000                 15              1.94%

Price of Condos                Sales          % of market

0 - 99,999                              2              0.66%
100,000 - 199,999               80            26.23%
200,000 - 299,999             127            41.64% ..............68.53% of condo sales were under $300,000
300,000 - 349,999               44            14.43% ..............82.96% of condo sales were under $350,000
350,000 - 399,999               25              8.20%
400,000 - 449,999                 9              2.95%
450,000 - 499,999                 6              1.97%
500,000 - 549,999                 4              1.31%
550,000 - 599,999                 3              0.98%
600,000 - 649,999                 0              0.00%
650,000 - 699,999                 2              0.66%
700,000 - 799,999                 2              0.66%
800,000 - 899,999                 0              0.00%
900,000 - 999,999                 0              0.00%
OVER 1,000,000                   1             0.33%

As always, if you have any questions about our market, be it selling or buying, renting or investing please call me.

Thank you again for your referrals.....................................it's what grows my business.

 

January 1/2012

Good evening Everyone and a Happy New Year to all.....

As of this afternoon we have 2,850 single family homes and 1,360 condominiums listed for a total of 4,210 units. The average sale price in the last 30 days has been $446,936 for single family homes and $270,227 for condominiums. The mean sale price in the last 30 days has been $390,000 and $250,000 respectively.

According to figures released this week by the Calgary Real Estate Board, Calgary residential sales in 2011 increased eight per cent over last year, with 18,568 sales for 2011 compared to 17,267 in 2010.

Recovering from tepid sales activity in the first half of 2011, early improvements in employment and migration resulted in a pickup in housing demand in the second half of the year. By the end of June 2011, year-to-date sales activity had only increased by two per cent compared to the second half of the year, where residential sales improved by 15 per cent.

“While sales activity in 2011 remained below the long run average by 17 per cent, monthly figures point towards the trend of this gap narrowing,” says Sano Stante, president of CREB®.

2011 single family sales totaled 13,186, a nine per cent increase over last year. While sales increased, listings remained low, with an annual total of 24,245, six per cent lower than 2010 levels. The decline in listings relative to sales pushed down inventory levels to 2,761, resulting in four months of supply.

Meanwhile, the condominium market recorded declining sales for nearly half of the year, but favorable pricing and improved economic conditions pushed sales up by double digit rates for the second half of the year. 2011 condo sales totaled 5,382, a 4 per cent increase over the previous year. The rise in sales was complemented by an annual 12 per cent decline in listings. This helped to tighten the condominium market, causing inventories to decline to 1,287 and months of supply to remain just above four months.

Single family average price in 2011 reached $466,402, a one per cent increase over last year. While there have been some strong monthly increases, primarily due to sales in the upper end skewing the prices, overall prices have remained fairly stable. Meanwhile, the year-end median price of
$405,000 remains at levels similar to 2010.

Condominium prices have remained persistently low in 2011, while some of the monthly figures have been boosted by high end penthouse sales. By the end of 2011, the average price of $287,172 remained one per cent lower than the previous year.

“Throughout 2011, elevated levels of inventories have limited price growth as consumers benefitted from sufficient supply of housing to choose from; however, as these inventories drop to levels more consistent with a balanced market, we can expect some moderate price growth moving forward,” Stante concludes.

Average days on market (SOLD) for December homes was 58 and 65 for condominiums compared to 59 and 62 in December 2010.

Following is a breakdown of December sales of homes and condominiums according to sale price...................

Price of Houses               Sales                   % of market

0 - 99,999 0 0.00%
100,000 - 199,999               13                  1.80%
200,000 - 299,999             109                15.10%
300,000 - 349,999             132                18.28%
350,000 - 399,999             118                16.34%
400,000 - 449,999               82                11.36% ............62.88% of home sales were under $450,000
450,000 - 499,999               70                 9.70% .............72.58% of home sales were under $500,000
500,000 - 549,999               43                 5.96%
550,000 - 599,999               39                 5.40%
600,000 - 649,999               32                 4.43%
650,000 - 699,999               14                 1.94%
700,000 - 799,999               27                 3.74%
800,000 - 899,999               18                 2.49%
900,000 - 999,999               09                 1.25%
OVER 1,000,000                16                 2.22%

Price of Condos                Sales             % of market

0 - 99,999                             2                  0.65%
100,000 - 199,999              71                22.90%
200,000 - 299,999            131                42.26% ..........65.81 % of condo sales were under $300,000
300,000 - 349,999              36                11.61% ...........77.42% of condo sales were under $350,000
350,000 - 399,999              30                  9.68%
400,000 - 449,999              17                  5.48%
450,000 - 499,999                8                  2.58%
500,000 - 549,999                8                  2.58%
550,000 - 599,999                4                  1.29%
600,000 - 649,999                0                  0.00%
650,000 - 699,999                0                  0.00%
700,000 - 799,999                0                  0.00%
800,000 - 899,999                0                  0.00%
900,000 - 999,999                1                  0.32%
OVER 1,000,000                 1                  0.32%

As always, if you have any questions about our market, be it selling or buying, renting or investing please call me.

Thank you again for your referrals.....................................it's what grows my business.

Glenn

 

December 5th

Good morning everyone,

As of today we have 3,655 single family homes and 1,641 condominiums listed on MLS for a total of 5,296 units.

According to figures released this week by CREB (Calgary Real Estate Board), Calgary residential sales in November increased eight (8) per cent over last year, at 17,538 after the first 11 months of the year.

While sales activity tends to taper off in the winter months, so far this year Calgary area sales remain significantly stronger than levels recorded last year. Single family home sales totaled 962 for the month, an increase of eight per cent from November 2010. Meanwhile, year- to-date sales totaled 12,464, a 10 per cent increase over last year. Over the long term, however, sales remained a tepid 17 per cent below the 10 year average.

November listings have edged down over last year’s levels, decreasing by two per cent. Lower listings combined with the increase in sales helped reduce the months of inventory to less than four months.

The year-to-date average and median price of single family homes were a respective $467,140 and $406,500. Overall, prices remain relatively flat compared to last year.

Condominium sales for the first 11 months of the year totaled 5,074, a five per cent rise over the same period last year. Inventory levels declined to 1,676 units, helping push down the months of supply.

Condominium year-to-date average and median prices in 2011 were $287,545 and $261,500, respectively, a decline over the first 11 months of 2010, mostly due to increased sales in units priced under $200,000.

Average days on market (SOLD) for November homes was 52 compared to 53 last year, and 57 compared to 58 for condominiums.

Following is a breakdown of November sales of homes and condominium according to sale price....................

Price of Houses                   Sales               % of market

0 - 99,999                                0                     0.00%
100,000 - 199,999                 20                     2.08%

200,000 - 299,999                165                  17.15%
300,000 - 349,999                140                  14.55%
350,000 - 399,999                146                  15.18%
400,000 - 449,999                136                  14.14% .......63.10% of home sales were under $450,000
450,000 - 499,999                  86                    8.94% .......72.04% of home sales were under $500,000
500,000 - 549,999                  54                    5.61%
550,000 - 599,999                  50                    5.20%
600,000 - 649,999                  31                    3.22%
650,000 - 699,999                  30                    3.12%
700,000 - 799,999                  31                    3.22%
800,000 - 899,999                  25                    2.60%
900,000 - 999,999                  14                    1.46%
OVER 1,000,000                   34                    3.53%

Price of Condos                   Sales              % of market

0 - 99,999                                0                    0.00%
100,000 - 199,999               100                  25.45%
200,000 - 299,999               167                  42.49% .......67.94 % of condo sales were under $300,000
300,000 - 349,999                 58                  14.76% .......82.70% of condo sales were under $350,000
350,000 - 399,999                 23                    5.85%
400,000 - 449,999                 19                    4.83%
450,000 - 499,999                 14                    3.56%
500,000 - 549,999                   2                    0.51%
550,000 - 599,999                   5                    1.27%
600,000 - 649,999                   2                    0.51%
650,000 - 699,999                   1                    0.25%
700,000 - 799,999                   1                    0.25%
800,000 - 899,999                   0                    0.00%
900,000 - 999,999                   0                    0.00%
OVER 1,000,000                     1                    0.25%

 

As always, if you have any questions, please call me at your convenience.

Thank you again for your referrals.................. It's what grows my business.

Glenn

 

November 1, 2011

Good afternoon everyone,

As of today we have 4,434 single family homes and 1,934 condominiums listed on MLS for a total of 6,368 units.

Single family home sales totaled 988 for the month of October 2011, an 11 per cent increase over October 2010, but continue to remain well under historical levels. Year-to-date sales totaled 11,503, a 10 per cent increase over last year.

October listings have edged upwards over last year’s levels, increasing by nearly two per cent, but year-to-date there are six per cent less listings than levels recorded last year. The average price of single family homes for the month of October 2011 was $455,399, while the median price was $395,000, an increase of two per cent compared to last year. This is primarily due to the rise in the number of luxury homes sales. Despite the monthly price increase, however, year-to-date figures remained stable at levels comparable to the previous year.

Condominium sales for the first 10 months of the year totaled 4,681, a three per cent rise over the same period last year. Inventory levels remained at 1,935 units, resulting in months of supply pushing above five months. Condominium year-to-date average and median prices in 2011 were $288,736 and $262,500, respectively, a slight decline over the first 10 months of 2010. The decline is mostly due to increased sales in units priced under $200,000.

According to figures released this week by CREB® (Calgary Real Estate Board), Calgary residential sales totaled 16,184 after the first 10 months of the year, an increase of eight per cent over last year.

Over 61 per cent of Calgary’s established communities saw increased sales levels compared to last year. Garrison Woods, Collingwood and Mahogany saw the

largest sales increase at 170 per cent combined; nearly half of all Calgary communities recorded price increases, with Shaganappi, Chinook Park and Downtown leading the way with a combined average price increase of 55 per cent.

Average days on market (SOLD) for October homes was 52 compared to 51 last year, and 57 compared to 58 for condominiums.

Following is a breakdown of October sales of homes and condominium according to sale price....................

Price of Houses             Sales                  % of market

0 - 99,999                          0                      0.00%
100,000 - 199,999           14                      1.42%
200,000 - 299,999         159                    16.09%
300,000 - 349,999         163                    16.50%
350,000 - 399,999         171                    17.31%
400,000 - 449,999         135                    13.66% ..........64.98% of home sales were under $450,000
450,000 - 499,999           96                      9.72% ..........74.70% of home sales were under $500,000
500,000 - 549,999           62                      6.28%
550,000 - 599,999           34                      3.44%
600,000 - 649,999           31                      3.14%
650,000 - 699,999           22                      2.23%
700,000 - 799,999           32                      3.24%
800,000 - 899,999           25                      2.53%
900,000 - 999,999           11                      1.11%
OVER 1,000,000            33                      3.33%

Price of Condos              Sales              % of market

0 - 99,999                          2                    0.54%
100,000 - 199,999           84                  22.83%
200,000 - 299,999         159                  43.21% ...........63.64% of condo sales were under $300,000
300,000 - 349,999           46                  12.50% ...........75.99% of condo sales were under $350,000
350,000 - 399,999           29                    7.88%
400,000 - 449,999           20                    5.43%
450,000 - 499,999           13                    3.53%
500,000 - 549,999             3                    0.82%
550,000 - 599,999             3                    0.82%
600,000 - 649,999             5                    1.36%
650,000 - 699,999             1                    0.27%
700,000 - 799,999             0                    0.00%
800,000 - 899,999             0                    0.00%
900,000 - 999,999             1                    0.27%
OVER 1,000,000              2                    0.54%

 

As always, if you have any questions, please call me at your convenience.

Thank you again for your referrals.................. It's what grows my business.

Glenn

 

 

October 4, 2011

Good evening Everyone..............

As of today we have 4,745 single family homes and 2,006 condominiums listed on the Calgary MLS system for a total of 6,751 active listings.

According to figures released today by CREB® (Calgary Real Estate Board), residential sales continued to gain momentum in Calgary this year, totaling 14,832 after the first three quarters, a seven per cent per cent rise over last year.

Single family home sales totaled 1,036 for the month of September, 2011, an eight per cent increase over last September. Year-to-date sales totaled 10,518 units a 10 per cent increase over last year. Monthly gains in listings brings inventory to 4,753 units, a level still lower than the previous year.

The average price of a single family home for the month of September, 2011 was $466,167, while the median price was $400,000.

After the first three quarters of this year, condominium sales totaled 4,314, a two per cent rise over the same period last year. At the end of September, 2011, condominium inventories totaled 2,008 units compared to 2,204 units recorded in September 2010.

Average condominium prices reached $299,508 in September, 2011, appearing to record a significant increase. However, the increase in price is not caused by a general price rise, but has been pushed up by one $4 million plus sale. In fact, both the median price of $260,000 and the year-to-date figures continue to trend lower than figures recorded last year.

Average days on market ( SOLD ) for August houses was 48 compared to 53 last year, and 58 and 57 for condominiums.

Following is a breakdown of August sales of houses and condominiums according to sale price...........................

Houses                          Sales       % of market

0 - 99,999 0 0.00%
100,000 - 199,999              9             0.87%
200,000 - 299,999          158           15.25%
300,000 - 349,999          172           16.60%
350,000 - 399,999          173           16.70%
400,000 - 449,999          153           14.77% .................64.19% of home sales were under $450,000
450,000 - 499,999            85             8.20% .................72.39% of home sales were under $500,000
500,000 - 549,999            58             5.60%
550,000 - 599,999            46             4.44%
600,000 - 649,999            37             3.57%
650,000 - 699,999            38             3.67%
700,000 - 799,999            38             3.67%
800,000 - 899,999            18             1.74%
900,000 - 999,999            11             1.06%
OVER 1,000,000              40             3.86%

Condominium              Sales           % of market

0 - 99,999 3 0.70%
100,000 - 199,999           86             20.05%
200,000 - 299,999         184             42.89% ..............63.64 % of condo sales were under $300,000
300,000 - 349,999           53             12.35% ..............75.99% of condo sales were under $350,000
350,000 - 399,999           37               8.62%
400,000 - 449,999           17               3.96%
450,000 - 499,999           15               3.50%
500,000 - 549,999             8               1.86%
550,000 - 599,999             8               1.86%
600,000 - 649,999             6               1.40%
650,000 - 699,999             1               0.23%
700,000 - 799,999             3               0.70%
800,000 - 899,999             2               0.47%
900,000 - 999,999             2               0.47%
OVER 1,000,000               4               0.94%

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please call me at your convenience.

If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.

Glenn

 

September 4, 2011

Good evening Everyone..............

As of today we have 4,666 single family homes and 2,009 condominiums listed on the Calgary MLS system for a total of 6,675 active listings.

According to figures released by CREB®, sales for upper-end homes are above the pace set a year ago. As of Wednesday August 31, there were 948 single family sales over $700,000 recorded this year, compared to 779 reported for the same period in 2010.

At the same time, sales for condos priced below $200,000 also received a boost, pointing to a growing number of first-time home buyers taking advantage of affordability and low mortgage rates. There were 834 condo sales below $200,000 this year compared with 596 for the same period in 2010.

According to figures released by CREB®, the year to date average price for single family resale homes reached $468,051, a one per cent rise over last year. Condominium prices continue to remain one per cent lower than last year’s figures with an average price of $288,167 after the first eight months. The 2011 year to date median price of single family and condominium homes were a respective $410,000 and $263,000.

The single family market recorded 1,106 sales in the month of August 2011. This is an increase of 28 per cent when compared to August 2010 sales, which were the lowest levels of August sales since 1994. Year to date sales of 9,485 are 10 per cent higher than last year’s figures. Single family inventory levels reached 4,573 in August, a nine per cent decline over last year’s levels. The recent rise in listings was counteracted by robust sales, keeping absorption levels at four months compared to the six months recorded in August 2010.

As in the single family market, condominium inventories of 1,997 were lower than last year’s levels. The market conditions have changed significantly as inventory levels continue to decline. Recent improvement in sales, combined with lower listings, has resulted in a year over year decline in the months of supply. Condominium sales amounted to 468 units in August 2011, with a year to date total of 3,885 similar to levels recorded in the first eight months of 2010.

Average days on market ( SOLD ) for August houses was 49 compared to 51 last year, and 54 and 54 for condominiums.

Following is a breakdown of August sales of houses and condominiums according to sale price...........................

Houses                           Sales                  % of market

0 - 99,999 0 0.00%
100,000 - 199,999            16                     1.45%
200,000 - 299,999          147                   13.29%
300,000 - 349,999          182                   16.46%
350,000 - 399,999          194                   17.54%
400,000 - 449,999          154                   13.92% ..........62.66% of home sales were under $450,000
450,000 - 499,999          125                   11.30% ..............73.96% of home sales were under $500,000
500,000 - 549,999            72                    6.51%
550,000 - 599,999            49                    4.43%
600,000 - 649,999            36                    3.25%
650,000 - 699,999            27                    2.44%
700,000 - 799,999            40                    3.62%
800,000 - 899,999            23                    2.08%
900,000 - 999,999              9                    0.81%
OVER 1,000,000             32                    2.89%

Condominium                   Sales              % of market

0 - 99,999                             3                    0.64%
100,000 - 199,999            106                  22.65%
200,000 - 299,999            192                  41.03% ........64.32 % of condo sales were under $300,000
300,000 - 349,999              76                  16.24% .........80.56% of condo sales were under $350,000
350,000 - 399,999              34                    7.26%
400,000 - 449,999              15                    3.21%
450,000 - 499,999              17                    3.63%
500,000 - 549,999                8                    1.71%
550,000 - 599,999                3                    0.64%
600,000 - 649,999                3                    0.64%
650,000 - 699,999                3                    0.64%
700,000 - 799,999                3                    0.64%
800,000 - 899,999                2                    0.43%
900,000 - 999,999                0                    0.00%
OVER 1,000,000                 3                    0.64%

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please call me at your convenience.

If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.

Glenn

 

August 2, 2011

As of this morning we have 4,631 single family homes and 1,991 condominiums listed on the Calgary MLS system for a total of 6,622 active listings.

According to figures released today by CREB® (Calgary Real Estate Board), residential sales continue to trend towards recovery. After the first seven months of the year, single family and condominium sales totaled 11,798, a 5 per cent increase over the previous year. While the improvements signal market recovery, overall sales levels remain 17 per cent below the 10-year average for this period.

Single family sales for July 2011 were 1,153, with a total of 8,380 sales for the first seven months of 2011, an 8 per cent increase over the same period last year. Meanwhile, year-to-date listings continue to remain lower than last year, resulting in inventories trending lower than last year as well. Overall months of supply remain around four months within a balanced range.

Condominium sales continued to bounce back this month. July 2011 condominium sales total 453, a 14 per cent rise over last year, while year-to-date sales remain 3 per cent lower than the same period in 2010.

The average price of single family homes in July 2011 was $455,849 and the median price $409,000, similar to levels recorded in July of last year. Condominium prices also remained at levels similar to the previous year.

Average days on market ( SOLD ) for July houses was 49 compared to 45 last year, and 51 and 51 for condominiums.

Following is a breakdown of July sales of houses and condominiums according to sale price...........................

             Houses                       Sales           % of market

0 - 99,999 0 0.00%
100,000 - 199,999                     16             1.39%
200,000 - 299,999                   157           13.62%
300,000 - 349,999                   175           15.18%
350,000 - 399,999                   206           17.87%
400,000 - 449,999                   171           14.83% ........62.89% of home sales were under $450,000
450,000 - 499,999                   117           10.15% ........73.04% of home sales were under $500,000
500,000 - 549,999                     86             7.46%
550,000 - 599,999                     56             4.86%
600,000 - 649,999                     39             3.38%
650,000 - 699,999                     40             3.47%
700,000 - 799,999                     35             3.04%
800,000 - 899,999                     19             1.65%
900,000 - 999,999                       8             0.69%
OVER 1,000,000                      28             2.43%

Condominium                       Sales           % of market

             0 - 99,999                     5               1.10%
100,000 - 199,999                   86             18.98%
200,000 - 299,999                 198             43.71% ........63.79 % of condo sales were under $300,000
300,000 - 349,999                   62             13.69% .........77.48% of condo sales were under $350,000
350,000 - 399,999                   48             10.60%
400,000 - 449,999                   18               3.97%
450,000 - 499,999                   18               3.97%
500,000 - 549,999                     5               1.10%
550,000 - 599,999                     3               0.66%
600,000 - 649,999                     4               0.88%
650,000 - 699,999                     2               0.44%
700,000 - 799,999                     2               0.44%
800,000 - 899,999                     1               0.22%
900,000 - 999,999                     0               0.00%
OVER 1,000,000                      1               0.22%
 

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please call me at your convenience.

If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.

Glenn

 

 

July 2, 2011

Good evening everyone.

As of this evening we have 4,720 single family homes and 2,070 condominiums listed on the Calgary MLS system for a total of 6,790 active listings.

According to figures released at the end of the month by CREB® (Calgary Real Estate Board), residential sales surged in the month of June 2011 to 1,979 units. While this indicates a third more sales than June 2010, the year-to- date increase proved a moderate 2 per cent. Strong monthly increases does not imply a housing boom, as it is important to put into perspective that sales activity remains below long term averages. While the single family market has shown signs of improvement throughout the first half of this year, this is the first time since April 2010 that condominium sales have recorded a year-over- year increase.

With 581 sales for the month of June 2011, the condominium market improved by 31 per cent over June of 2010, however year-to-date figures show a 5 per cent decrease over the same period last year. After the first half of the year, average prices of condominiums are still slightly lower than levels recorded last year, as more buyers bought condominiums under $200,000 in 2011 compared to 2010 for the same period.

The single family market recorded 1,398 sales in the month of June 2011. This is an increase of 32 per cent when compared to June 2010 when 1,059 single family homes sold in the city of Calgary. With a total of 7,231 sales after the first half of the year, year-to-date single family sales are 6 per cent higher than last year. Year-to-date average price of a single family home in Calgary is $472,330, while the median price is $410,000, virtually unchanged over levels recorded in the previous year. The distribution of sales by price range has not shown any significant shift compared to last year, pointing to continued stability in the market.

Average days on market ( SOLD ) for June houses was 43 compared to 40 last year, and 53 and 47 for condominiums.

Following is a breakdown of June sales of houses and condominiums according to sale price...........................

Houses                        Sales                  % of market

0 - 99,999 0 0.00%
100,000 - 199,999           12                     0.86%
200,000 - 299,999         161                   11.52%
300,000 - 349,999         229                   16.38%
350,000 - 399,999         216                   15.45%
400,000 - 449,999         216                   15.45% .................59.66% of home sales were under $450,000
450,000 - 499,999         140                   10.01% ................69.67% of home sales were under $500,000
500,000 - 549,999         101                     7.22%
550,000 - 599,999           73                     5.22%
600,000 - 649,999           48                     3.43%
650,000 - 699,999           37                     2.65%
700,000 - 799,999           58                     4.15%
800,000 - 899,999           40                     2.86%
900,000 - 999,999           17                     1.22%
OVER 1,000,000             50                     3.57%

Condominium               Sales                % of market

0 - 99,999 11 1.89%
100,000 - 199,999           103                    17.73%
200,000 - 299,999           242                    41.65% .........61.27 % of condo sales were under $300,000
300,000 - 349,999             91                    15.66% .........76.93% of condo sales were under $350,000
350,000 - 399,999             60                    10.33%
400,000 - 449,999             28                      4.82%
450,000 - 499,999             17                      2.93%
500,000 - 549,999             11                      1.89%
550,000 - 599,999               2                      0.34%
600,000 - 649,999               0                      0.00%
650,000 - 699,999               4                      0.69%
700,000 - 799,999               2                      0.34%
800,000 - 899,999               3                      0.52%
900,000 - 999,999               0                      0.00%
OVER 1,000,000                 7                      1.20%

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please
call me at your convenience.

If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.

Glenn

 

June 2, 2011

Good day everyone.......

As of this evening we have 4,648 single family homes and 2,101 condominiums listed on the Calgary MLS system for a total of 6,749 active listings.

According to figures released today by the Calgary Real Estate Board, year-to-date residential sales in the inner city grew nearly 4 per cent in May outperforming the city wide average. City of Calgary residential sales totaled 1,816 in May 2011, a 2 per cent increase in volume over May 2010. However, slower early spring sales resulted in the overall year-to-date sales being 3 per cent lower than the 2010 spring market.

The average price for single family homes in May 2011 was $489,482 and the median price $423,000, comparable to levels recorded last year. Single family home sales were 1,313 in May 2011, a 5 per cent increase over last year, while 2,552 listings came to market, a 14 per cent decline over the same period last year. The decline in listings has caused inventory levels to come down to 4,616 units, an 18 per cent decline from last year. Moderate sales and a reduction in inventory have resulted in a decline in months of supply compared to May 2010.

To date, the single family market has fared better than the condominium market, as prices have come down from peak levels recorded in 2007 providing individuals more options with regard to home ownership. After the first five months of the year, single family home sales were 5,835 units, consistent with sales levels during the same time frame last year.

While condominiums continue to experience some decline in sales and prices, the rate of decline seems to be easing, indicating signs of improvement in this market. The inventory of condominiums continues to remain higher than average, but has declined by 21 per cent from levels recorded in May 2010. Condominium sales were 503 for May 2011, 3 per cent lower than last year’s figures. Year-to-date condominium sales are 11 per cent lower than last year’s levels, however, listings have declined by 19 per cent as well over the same time frame, placing downward pressure on inventories.

Average days on market (SOLD) for May houses was 41 compared to 38 last year, and 49 and 43 for condominiums.

Following is a breakdown of May sales of houses and condominiums according to sale price...........................

Houses                      Sales                      % of market

0 - 99,999 0 0.00%
100,000 - 199,999        14                           1.07%
200,000 - 299,999       138                         10.51%
300,000 - 349,999       190                         14.47%
350,000 - 399,999       221                         16.83%
400,000 - 449,999       206                         15.69% .........58.57% of home sales were under $450,000
450,000 - 499,999       130                           9.90% .........68.47% of home sales were under $500,000
500,000 - 549,999         97                           7.39%
550,000 - 599,999         68                           5.18%
600,000 - 649,999         58                           4.42%
650,000 - 699,999         36                           2.74%
700,000 - 799,999         49                           3.73%
800,000 - 899,999         36                           2.74%
900,000 - 999,999         18                           1.37%
OVER 1,000,000           52                           3.96%

Condominium                Sales                   % of market

0 - 99,999 03 0.60%
100,000 - 199,999                92                    18.29%
200,000 - 299,999              222                    44.14% ......63.03 % of condo sales were under $300,000
300,000 - 349,999                69                    13.72% ......76.75% of condo sales were under $350,000
350,000 - 399,999                49                      9.74%
400,000 - 449,999                25                      4.97%
450,000 - 499,999                23                      4.57%
500,000 - 549,999                  4                      0.80%
550,000 - 599,999                  4                      0.80%
600,000 - 649,999                  4                      0.80%
650,000 - 699,999                  3                      0.60%
700,000 - 799,999                  5                      0.99%
800,000 - 899,999                  0                      0.00%
900,000 - 999,999                  0                      0.00%
OVER 1,000,000                    0                      0.00%
 

 

 

May 3, 2011

Good evening everyone.........

As of today we have 4,384 single family homes and 2,000 condominiums listed on the Calgary MLS system for a total of 6,384 active listings.

According to figures released by CREB® (Calgary Real Estate Board), City of Calgary year-to-date sales declined by 4 per cent compared to the first four months of 2010. The decline was offset by a 14 per cent drop in listings recorded over the same period, resulting in lower inventory levels,
and a moderate growth in average prices.

In April 2011, single family home sales were 1,217, while 2,299 listings came to market, a decline of 10 per cent over April 2010 and 25 per cent,respectively. Inventory levels rose slightly over March 2011 levels, but remained well below inventories recorded in April 2010, and close to the long term average, indicating the market continues to show balanced conditions.

Along with a decline in inventory, homes in the higher-end of the market are selling faster, with average days on market trending down, and below the 5-year average. Homes above $700,000 are selling within an average of 41 days.

The average price of single family homes in the City of Calgary in April 2011 was $479,575, a 4 per cent increase from April 2010 levels. Meanwhile, the median price of $420,000 rose by 1 per cent over levels recorded in April 2010. The price differential comes as a result of high end home sales. In April 2011, two single family homes were sold in the price range of $3 million to $4 million, skewing up the monthly average price.

Condominium listings declined 27 per cent in April, helping to offset a 16 per cent decrease in year-over-year sales. The decline in listings is significant and has helped place downward pressure on inventory levels.

Year-to-date condo sales were 1,883, a 13 per cent decline compared to the first four months of 2010. The condominium average price for the month of April 2011 was $289,158, similar to the previous year when condominiums sold for an average of $289,588. The median price for condominiums in the month of April 2011 was $260,000, down 3 per cent compared to the same time last year.

Average days on market (SOLD) for April houses was 41 compared to 36 last year, and 53 and 41 for condominiums.

Following is a breakdown of April sales of houses and condominiums according to sale price...........................

Houses                            Sales              % of market

0 - 99,999 0 0.00%
100,000 - 199,999              17                    1.40%
200,000 - 299,999            133                  10.93%
300,000 - 349,999            179                  14.71%
350,000 - 399,999            212                  17.41%
400,000 - 449,999            171                  14.05% .......58.59% of home sales were under $450,000
450,000 - 499,999            128                  10.52% .......69.11% of home sales were under $500,000
500,000 - 549,999              93                    7.64%
550,000 - 599,999              59                    4.85%
600,000 - 649,999              56                    4.60%
650,000 - 699,999              36                    2.96%
700,000 - 799,999              46                    3.78%
800,000 - 899,999              34                    2.79%
900,000 - 999,999              16                    1.31%
OVER 1,000,000               36                    2.96%

Condominium                 Sales               % of market

0 - 99,999 03 0.56%
100,000 - 199,999           109                   20.37%
200,000 - 299,999           240                   44.86% .....65.79 % of condo sales were under $300,000
300,000 - 349,999             81                   15.14% .....80.93% of condo sales were under $350,000
350,000 - 399,999             48                     8.97%
400,000 - 449,999             17                     3.18%
450,000 - 499,999             14                     2.62%
500,000 - 549,999               4                     0.75%
550,000 - 599,999               4                     0.75%
600,000 - 649,999               5                     0.93%
650,000 - 699,999               1                     0.19%
700,000 - 799,999               1                     0.19%
800,000 - 899,999               4                     0.75%
900,000 - 999,999               1                     0.19%
OVER 1,000,000                3                     0.57%

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please call me at your convenience.

If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.

 

April 2, 2011

Good morning everyone.........and Merry Christmas..............again.

As of this morning we have 4,089 single family homes and 1,937 condominiums listed on the Calgary MLS system for a total of 6,026 actives.

According to figures released yesterday by CREB®, Calgary Metro sales remained at levels similar to the first quarter of 2010. Improved sales in the single family market have largely been offset by declining sales in the condominium market, indicating that the gradual recovery will continue to be driven by the single family market for the better portion of the year.

Single family home sales in the first quarter of 2011 were 3,309, a 4 per cent increase over the first quarter of 2010. March 2011 single family home sales totaled 1,355, a 3 per cent decrease over March 2010 figures. The decline in sales was accompanied by a 19 per cent year-over-year decline in new listings. As a result, inventory remained at three months, which indicates a balanced single family market.

The NW sector boasted the largest gains in single family home sales in the first quarter of 2011 with 1,198 sales, a 13 per cent increase over the first quarter of 2010. Sales in the SE posted quarterly gains of 5 per cent, while the SW remained relatively unchanged and NE sales declined by 9 per cent.

The SW sector recorded the highest single family average home price in the first quarter of 2011 at $570,748, while average home prices in the NW and SE were $464,990 and $422,821 respectively. The NE sector continues to remain the most affordable, with average prices hovering around $282,713.

Calgary Metro average price of single family homes in March 2011 was $462,947, a 2 per cent decline from March 2010, and virtually unchanged from the previous month. Meanwhile, the median price declined by 5 per cent compared to March 2010.

Quarterly condominium sales continue to fall over levels recorded in the previous year, down by 11 per cent compared to the first quarter of 2010, while quarterly average prices are down by 1 per cent. It is important to note the quarterly average price of condominiums is skewed upwards for 2011 due to the sale of a $4.1 million condominium. If we remove this sale, quarterly average price would have declined by over 2 per cent.

The average price of condominiums in March 2011 was $280,781, while the median price was $256,000, a respected 5 per cent drop and 7 per cent, respectively, from levels recorded in March 2010.

Average days on market (SOLD) for March houses was 39 compared to 33 last year, and 50 and 39 for condominiums.

Following is a breakdown of March sales of houses and condominiums according to sale price...........................

            Houses                       Sales             % of market

0 - 99,999                                  0                    0.00%
100,000 - 199,999                   16                    1.18%
200,000 - 299,999                 183                  13.51%
300,000 - 349,999                 210                  15.50%
350,000 - 399,999                 267                  19.70%
400,000 - 449,999                 182                  13.43% .....63.32% of home sales were under $450,000
450,000 - 499,999                 160                   11.81% ....75.13% of home sales were under $500,000
500,000 - 549,999                   74                     5.46%
550,000 - 599,999                   63                     4.65%
600,000 - 649,999                   38                     2.80%
650,000 - 699,999                   41                     3.03%
700,000 - 799,999                   41                     3.03%
800,000 - 899,999                   27                     1.99%
900,000 - 999,999                     9                     0.66%
OVER 1,000,000 44 3.25%

  Condominium                   Sales             % of market

0 - 99,999                               12                   2.07%
100,000 - 199,999                113                 19.45%
200,000 - 299,999                258                 44.41% ......65.93 % of condo sales were under $300,000
300,000 - 349,999                  81                 13.94% .......79.87% of condo sales were under $350,000
350,000 - 399,999                  54                   9.29%
400,000 - 449,999                  17                   2.93%
450,000 - 499,999                  16                   2.75%
500,000 - 549,999                    9                   1.55%
550,000 - 599,999                    5                   0.86%
600,000 - 649,999                    3                   0.52%
650,000 - 699,999                    6                   1.03%
700,000 - 799,999                    2                   0.34%
800,000 - 899,999                    3                   0.52%
900,000 - 999,999                    0                   0.00%
OVER 1,000,000                     0                   0.00%
 

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please call me at your convenience.

If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.

 

 

February 3, 2011

Good morning everyone.......................

As of today we have 3,038 single family homes and 1,612 condominiums listed on the Calgary MLS system for a total of 4,650 "active" listings.

Single family home sales in the City of Calgary edged upwards month-over-month and showed the first year- over-year increase since April 2010, according to CREB figures released.

The number of single family home sales in the month of January 2011 were 787, compared with December 2010, when sales were 734— an increase of about 7 per cent.
The number of condominium sales for the month of January 2011 was 297. This was down from the 320 condominium transactions recorded in December 2010.

Year-over-year, the number of single family homes sold in January 2011 in the city of Calgary increased by just over 3 per cent. In January 2010, single family home sales totaled 762. Condominium sales saw a decrease of 21 per cent from the same time a year ago. In January 2010, condominium sales were 376.

The average price of a single family home in the city of Calgary in January 2011 was $454,287, showing a 3 per cent increase from December 2010, when the average price was $441,341, and a 3 per cent increase from January 2010, when the average price was $441,217. The average price of a condominium in the city of Calgary in January 2011 was $287,954, showing a 2 per cent increase from December 2010, when the average price was $282,768 and a 2 per cent increase over last year,
when the average price was $282,639.

The median price of a single family home in the city of Calgary for January 2011 was $390,000, showing a slight increase from December 2010 when the median price was $389,000. This was a 2 per cent decrease from January 2010, when the median price was $398,000. The median price of a condominium in January 2011 was $255,000, showing a 1 per cent decrease from December 2010, when the median price was $258,500, and a 4 per cent decrease from January 2010, when it was $265,000.

Single family listings in the city of Calgary added for the month of January 2011 totaled 1958, an increase of 169 per cent from December 2010 when 728 new listings were added, and showing an increase of 7 per cent from January 2010, when 1822 new listings came to the market.

Condominium new listings in the city of Calgary added for January 2011 were 861, an increase of 141 per cent from December 2010, when 361 condo listings were added to the market.
This is a decrease of 9 per cent from January 2010, when new condominium listings added were 951.

Average days on market (SOLD) for January houses was 56 compared to 43 last year, and 61 and 50 for condominiums.

Following is a breakdown of January sales of houses and condominiums according to sale price...........................

Houses                              Sales          % of market

0 - 99,999 0 0.00%
100,000 - 199,999                11           1.39%
200,000 - 299,999              116           14.66%
300,000 - 349,999              156           19.72%
350,000 - 399,999              138           17.45%
400,000 - 449,999              103           13.02% .................66.24% of home sales were under $450,000
450,000 - 499,999                61             7.71% .................73.95% of home sales were under $500,000
500,000 - 549,999                51             6.45%
550,000 - 599,999                39             4.93%
600,000 - 649,999                22             2.78%
650,000 - 699,999                23             2.91%
700,000 - 799,999                27             3.41%
800,000 - 899,999                15             1.90%
900,000 - 999,999                  4             0.51%
OVER 1,000,000                 25              3.17%

Condominium                  Sales            % of market

0 - 99,999                              1               0.33%
100,000 - 199,999               87             28.81%
200,000 - 299,999             116             38.41% ...............67.55 % of condo sales were under $300,000
300,000 - 349,999               34             11.26% ...............78.81 % of condo sales were under $350,000
350,000 - 399,999               33             10.93%
400,000 - 449,999               10               3.31%
450,000 - 499,999                 5               1.66%
500,000 - 549,999                 3               0.99%
550,000 - 599,999                 4               1.32%
600,000 - 649,999                 0               0.00%
650,000 - 699,999                 3               0.99%
700,000 - 799,999                 2               0.66%
800,000 - 899,999                 3               0.99%
900,000 - 999,999                 0               0.00%
OVER 1,000,000                   1              0.33%

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please
call me at your convenience.

If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive
is a referral from clients and customers like yourselves. Thank you for your trust.
 

 

January 4/2011

Good evening everyone.......................

As of today we have 2,749 single family homes and 1,426 condominiums listed on the Calgary MLS system for a total of 4,175 "active" listings.

The number of single family home sales in the month of December 2010 were 734, compared with November 2010, when sales were 891 - a decline of about 18 per cent. The number of condominium sales for the month of December 2010 was 320. This was up from the 310 condominium transactions recorded in November 2010.

Year-over-year, the number of single family homes sold in December 2010 in the city of Calgary were down 8 per cent. In December 2009, single family home sales totaled 799. Condominium sales saw a decrease of 6 per cent from the same time a year ago. In December 2009, condominium sales were 341.

Looking back in 2010, total single family home sales in the city of Calgary were 12,095, a decline of about 16 per cent from 2009, when total single family sales were 14,440. 2010 marks the lowest number of single family home sales since 1995, when 9,534 single family homes were sold.
Total MLS® sales for Calgary and area in 2010 were 21,789, a decline of about 15 per cent from 2009, when total MLS® sales for Calgary and area were 25,719. This is the lowest number of total MLS® sales for Calgary and area since 2000, when total MLS® sales were 20,488.

The average price of a single family home in the city of Calgary in December 2010 was $441,341, showing a 3 per cent decrease from November 2010, when the average price was $455,460, and a 2 per cent decrease from December 2009, when the average price was $451,349. The average price of a condominium in the city of Calgary in December 2010 was $282,768, showing a 1 per cent decrease from November 2010, when the average price was $284,667 and a 2 per cent decrease over last year, when the average price was$288,640. Average price information can be useful in establishing trends over time, but does not indicate actual prices in centres comprised of widely divergent neighbourhoods, or account for price differentials between geographical areas.

The median price of a single family home in the city of Calgary for December 2010 was $389,000, showing a 3 per cent decrease from November 2010 when the median price was $399,900. This was a 3 per cent decrease from December 2009, when the median price was $401,000. The median price of a condominium in December 2010 was $258,500, showing a 2 per cent increase from November 2010, when the median price was $253,300, and a 2 per cent decrease from December 2009, when it was $265,000.

All city of Calgary MLS® statistics include properties listed and sold only within Calgary’s city limits. The median price is the price that is midway between the least expensive and most expensive home sold in an area during a given period of time. During that time, half the buyers bought homes that cost more than the median price and half bought homes for less than the median price.

Supply outstripped demand in the second half of 2010, establishing conditions for a buyers’ market. Overall we did see significant improvements in affordability in the Calgary market in 2010 - and I think the message to prospective buyers is that this is a great time to buy if you’re looking for good selection, specific locations and price points. The median price did indeed decline in 2010, signaling a year-over-year price correction of about 2 per cent for single-family homes, just over 4 per cent for condos and 6 per cent for the outlying towns.

Single family listings in the city of Calgary added for the month of December 2010 totaled 744, a decrease of 44 per cent from November 2010 when 1,318 new listings were added, and showing a decrease of 8 per cent from December 2009, when 806 new listings came to the market.

Condominium new listings in the city of Calgary added for December 2010 were 369, down 42 per cent from November 2010, when the MLS® saw 632 condo listings coming to the market. This is a decrease of 17 per cent from December 2009, when new condominium listings added were 444.

Average days on market (SOLD) for December houses was 59 compared to 47 last year, and 62 and 47 for condominiums.

Following is a breakdown of December sales of houses and condominiums according to sale price...........................

Houses                       Sales              % of market

0 - 99,999 0 0.00%
100,000 - 199,999          13                   1.77%
200,000 - 299,999        120                 16.35%
300,000 - 349,999        137                 18.66%
350,000 - 399,999        129                 17.57%
400,000 - 449,999        104                 14.17% .................68.52% of home sales were under $450,000
450,000 - 499,999          66                   8.99% .................77.51% of home sales were under $500,000
500,000 - 549,999          37                   5.04%
550,000 - 599,999          28                   3.81%
600,000 - 649,999          23                   3.13%
650,000 - 699,999          13                   1.77%
700,000 - 799,999          20                   2.72%
800,000 - 899,999          13                   1.77%
900,000 - 999,999          11                   1.50%
OVER 1,000,000            20                   2.73%

Condominium              Sales              % of market

           0 - 99,999              2                  0.63%
100,000 - 199,999          80                25.00%
200,000 - 299,999        138                43.13% ....................68.76 % of condo sales were under $300,000
300,000 - 349,999          39                12.19% ....................80.95 % of condo sales were under $350,000
350,000 - 399,999          26                  8.13%
400,000 - 449,999          13                  4.06%
450,000 - 499,999            3                  0.94%
500,000 - 549,999            3                  0.94%
550,000 - 599,999            7                  2.19%
600,000 - 649,999            3                  0.94%
650,000 - 699,999            2                  0.63%
700,000 - 799,999            1                  0.31%
800,000 - 899,999            0                  0.00%
900,000 - 999,999            1                  0.31%
OVER 1,000,000              2                  0.63%

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please
call me at your convenience.

If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.

 

November 2, 2010

Good evening everyone.......................

As of this afternoon we have 4,516 single family homes and 2,038 condominiums listed on the Calgary MLS system for a total of 6,554 "active" listings.

Home sales in the city of Calgary were down month-over-month in October 2010, showing signs that buyers still remain cautious.
Year-over-year sales continued to trend lower in the month of October, according to figures released today by the Calgary real estate board. The number of single family home sales in the month of October 2010 shrank by 7 per cent at 888, compared with September 2010, when sales were 958. The number of condominium sales for the month of October 2010 was 310. This was a decrease of 15 per cent from the 366 condominium transactions recorded in September 2010.

Year-over-year, the number of single family homes sold in October 2010 in the city of Calgary were down 31 per cent. In October 2009, single family home sales totalled 1,285. Condominium sales saw a decrease of 48 per cent from the same time a year ago. In October 2009, condominium sales were 601.

The average price of a single family home in the city of Calgary in October 2010 was $444,744, showing a 3 per cent decrease from September 2010, when the average price was $460,278, and a 4 per cent decrease from October 2009, when the average price was $462,465. The average price of a condominium in the city of Calgary in October 2010 was $287,793, showing a 1 per cent increase from September 2010, when the average price was $284,028 and no significant change over last year, when the average price was $289,155.

The median price of a single family home in the city of Calgary for October 2010 was $387,900, showing a 1 per cent decrease from September 2010 when the median price was $390,000. This was a 5 per cent decrease from October 2009, when the median price was $410,000. The median price of a condominium in October 2010 was $255,000, showing a 4 per cent decrease from September 2010, when the median price was $265,000, and a 3 per cent decrease from October 2009, when it was$263,500.

Single family listings in the city of Calgary added for the month of October 2010 totalled 1,765, a decrease of 22 per cent from September 2010 when 2,252 new listings were added, and showing a decrease of 3 per cent from October 2009, when 1,819 new listings came to the market. Condominium new listings in the city of Calgary added for October 2010 were 721, down 22 per cent from September 2010, when the MLS® saw 921 condo listings coming to the market. This is a decrease of 16 per cent from October 2009, when new condominium listings added were 859. Average days on market (SOLD) for October houses was 50 compared to 41 last year, and 57 and 44 for condominiums.

Following is a breakdown of October sales for houses and condominiums according to sale price...........................

 

      Home Price         Sales       % of market

           0 - 99,999             1        0.11%
100,000 - 199,999           8        0.90%
200,000 - 299,999       135      15.20%
300,000 - 349,999       159      17.91%
350,000 - 399,999       174      19.59%
400,000 - 449,999       139      15.65% .................69.36% of home sales were under $450,000
450,000 - 499,999         78        8.78% .................78.14% of home sales were under $500,000
500,000 - 549,999         43        4.84%
550,000 - 599,999         33        3.72%
600,000 - 649,999         25        2.82%
650,000 - 699,999         19        2.14%
700,000 - 799,999         23        2.59%
800,000 - 899,999         18        2.03%
900,000 - 999,999           8        0.90%
OVER 1,000,000           25        2.81%

Condo Price            Sales        % of market

             0 - 99,999         6            1.94%
100,000 - 199,999       57          18.39%
200,000 - 299,999     147          47.42% ....................66.67 % of condo sales were under $300,000
300,000 - 349,999       34          10.97% ....................80.06 % of condo sales were under $350,000
350,000 - 399,999       23            7.42%
400,000 - 449,999       11            3.55%
450,000 - 499,999       15            4.84%
500,000 - 549,999         4            1.29%
550,000 - 599,999         3            0.97%
600,000 - 649,999         2            0.65%
650,000 - 699,999         2            0.65%
700,000 - 799,999         1            0.32%
800,000 - 899,999         2            0.65%
900,000 - 999,999         1            0.32%
OVER 1,000,000           2            0.64%

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please
call me at your convenience. If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.
 

October 2/2010

Good evening everyone.....................

As of this afternoon we have 5,217 single family homes and 2,350 condominiums listed on the Calgary MLS system for a total of 7,567 "active" listings.

The number of single family home sales in the month of September 2010 grew by 10 per cent at 958, compared with August 2010, when sales were 867. The number of condominium sales for the month of September 2010 was 366. This was an increase of 1 per cent from the 364 condominium transactions recorded in August 2010. Year-over-year, the number of single family homes sold in September 2010 in the city of Calgary were down 24 per cent. In September 2009, single family home sales totaled 1,257. Condominium sales saw a decrease of 37 per cent from the same time a year ago. In September 2009, condominium sales were 580.

The average price of a single family home in the city of Calgary in September 2010 was $460,278, showing a 3 per cent increase from August 2010, when the average price was $445,617, and no significant change from September 2009, when the average price was $459,085. The average price of a condominium in the city of Calgary in September 2010 was $284,028, showing a 1 per cent decrease from August 2010, when the average price was $286,384 and a 2 per cent decrease over last year, when the average price was $290,253.

The median price of a single family home in the city of Calgary for September 2010 was $390,000, showing a 1 per cent decrease from August 2010 when the median price was 395,000. This was a 2 per cent decrease from September 2009, when the median price was $399,900. The median price of a condominium in September 2010 was $265,000, showing a 2 per cent increase from August 2010, when the median price was $260,000, and no change from September 2009, when it was the same – $265,000.
All city of Calgary MLS® statistics include properties listed and sold only within Calgary’s city limits. The median price is the price that is midway between the least expensive and most expensive home sold in an area during a given period of time. During that time, half the buyers bought homes that cost more than the median price and half bought homes for less than the median price.

There is definitely a shift in the types of buyers entering the market. It was first-time home buyers who drove the late market recovery last fall and this spring. While lower priced home sales have declined, home sales over $1 million have actually increased by 2% this year, as compared to the same period last year.

Single family listings in the city of Calgary added for the month of September 2010 totaled 2,252, an increase of 15 per cent from August 2010 when 1,960 new listings were added, and showing an increase of 21 per cent from September 2009, when 1,857 new listings came to the market.Condominium new listings in the city of Calgary added for September 2010 were 921, up 14 per cent from August 2010, when the MLS® saw 808 condo listings coming to the market. This is a decrease of 2 per cent from September 2009, when new condominium listings added were 940.

Average days on market (SOLD) for September houses was 52 compared to 40 last year, and 57 and 43 for condominiums.

Following is a breakdown of September sales for houses and condominiums according to sale price...........................

Single Family Homes        Sales          % 0f market

0 - 99,999                               0                 0.00%
100,000 - 199,999                19                 1.98%
200,000 - 299,999              126               13.15%
300,000 - 349,999              187               19.52%
350,000 - 399,999              176               18.37%
400,000 - 449,999              132               13.78% .................66.80% of home sales were under $450,000
450,000 - 499,999                88                 9.19% .................75.99% of home sales were under $500,000
500,000 - 549,999                60                 6.26%
550,000 - 599,999                42                 4.38%
600,000 - 649,999                21                 2.19%
650,000 - 699,999                22                 2.30%
700,000 - 799,999                21                 2.19%
800,000 - 899,999                14                 1.46%
900,000 - 999,999                16                 1.67%
OVER 1,000,000                  34                 3.55%

Condominium                    Sales                % of market

0 - 99,999                             4                     1.09%
100,000 - 199,999              67                   18.31%
200,000 - 299,999            173                   47.27% ....................66.67 % of condo sales were under $300,000
300,000 - 349,999              49                   13.39% ....................80.06 % of condo sales were under $350,000
350,000 - 399,999              37                   10.11%
400,000 - 449,999              14                     3.83%
450,000 - 499,999                8                     2.19%
500,000 - 549,999                2                     0.55%
550,000 - 599,999                1                     0.27%
600,000 - 649,999                5                     1.37%
650,000 - 699,999                2                     0.55%
700,000 - 799,999                1                     0.27%
800,000 - 899,999                2                     0.55%
900,000 - 999,999                0                     0.00%
OVER 1,000,000                  1                     0.27%

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please
call me at your convenience.

If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive
is a referral from clients and customers like yourselves. Thank you for your trust.

Glenn

 

September 2, 2010

Good morning Everyone...............................

As of this morning we have 5103 single family homes and 2289 condominiums listed on the Calgary MLS system for a total of 7392 properties for sale.

Home sales in the city of Calgary continued to trend lower in the month of August, according to figures released today by the Calgary Real Estate Board. The number of single family homes sold in August 2010 in the city of Calgary was down 32 per cent from the same time a year ago, and condominium sales saw a decrease of 42 per cent from the same time a year ago. August 2010 saw 867 single family homes sold in the city of Calgary. This is a decrease of 5 per cent from 915 sales in July 2010. In August 2009, single family home sales totaled 1,277. The number of condominium sales for the month of August 2010 was 364. This was a decrease of 8 per cent from the 396 condominium transactions recorded in July 2010. In August 2009, condominium sales were 632.

The average price of a single family home in the city of Calgary in August 2010 was $445,617, showing a 4 per cent decrease from July 2010, when the average price was $464,655, and a decrease of 2 per cent from August 2009, when the average price was $454,130. The average price of a condominium in the City of Calgary in August 2010 was $286,384, showing a 2 per cent decrease from July 2010, when the average price was $291,168 and a 1 per cent increase over last year, when the average price was $283,330.

The median price of a single family home in the city of Calgary for August 2010 was $395,000, showing a 1 per cent decrease from July 2010 and August 2009, when the median price was $400,000. The median price of a condominium in August 2010 was $260,000, showing a 3 per cent decrease from July 2010, when the median price was $268,000, and no change from August 2009, when it was the same – $260,000.

Single family listings in the city of Calgary added for the month of August 2010 totaled 1,960, an increase of less than 1 per cent from July 2010 when 1,942 new listings were added, and showing an increase of 3 per cent from August 2009, when 1,910 new listings came to the market. Condominium new listings in the city of Calgary added for August 2010 were 808, down 9 per cent from July 2010, when the MLS® saw 890 condo listings coming to the market. This is a decrease of 3 per cent from August 2009, when new condominium listings added were 832.

Average days on market (Sold) for August homes was 50 compared to 42 a year ago, and 53 and 47 for condominiums.

Following is a breakdown of August sales for homes and condominiums according to sale price..............................

Single family homes                      Sales              % of market

0 - 99,999 0 0.00%
100,000 - 199,999                              8                    0.92%
200,000 - 299,999                          125                  14.42%
300,000 - 349,999                          144                  16.61%
350,000 - 399,999                          164                  18.92%
400,000 - 449,999                          137                  15.80% .................66.67% of home sales were under $450,000
450,000 - 499,999                            76                    8.77% .................75.44% of home sales were under $500,000
500,000 - 549,999                            60                    6.92%
550,000 - 599,999                            40                    4.61%
600,000 - 649,999                            23                    2.65%
650,000 - 699,999                            24                    2.77%
700,000 - 799,999                            22                    2.54%
800,000 - 899,999                            17                    1.96%
900,000 - 999,999                              2                    0.23%
OVER 1,000,000                              25                    2.90%

Condominium                               Sales                % of market

0 - 99,999                                         5                      1.37%
100,000 - 199,999                          58                    15.93%
200,000 - 299,999                        187                    51.37% ....................68.67 % of condo sales were under $300,000
300,000 - 349,999                          48                    13.19% ....................81.86 % of condo sales were under $350,000
350,000 - 399,999                          33                      9.07%
400,000 - 449,999                            8                      2.20%
450,000 - 499,999                            9                      2.47%
500,000 - 549,999                            3                      0.82%
550,000 - 599,999                            3                      0.82%
600,000 - 649,999                            1                      0.27%
650,000 - 699,999                            1                      0.27%
700,000 - 799,999                            3                      0.82%
800,000 - 899,999                            0                      0.00%
900,000 - 999,999                            1                      0.27%
OVER 1,000,000                              4                      1.10%

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please
call me at your convenience. If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.

Glenn

 

August 3, 2010

Good day everyone...........

As of this afternoon we have 5470 single family homes and 2427 condominiums listed on the Calgary MLS system for a total of 7897 properties for sale. The number of single family homes sold in July 2010 in the city of Calgary was down 42 per cent from the same time a year ago, and condominium sales saw a decrease of 44 per cent from the same time a year ago. July 2010 saw 915 single family homes sold in the city of Calgary. This is a decrease of 14 per cent from 1,061 sales in June 2010. In July 2009, single family home sales totalled 1,585. The number of condominium sales for the month of July 2010 was 396. This was a decrease of 11 per cent from the 445 condominium transactions recorded in June 2010. In July 2009, condominium sales were 702.

The average price of a single family home in the city of Calgary in July 2010 was $464,655, showing a 4 per cent decrease from June 2010, when the average price was $481,964, and showing an increase of 6 per cent from July 2009, when the average price was $436,782. The average price of a condominium in the city of Calgary was $291,168, showing no significant change from June 2010, when the average price was $292,238 and a 2 per cent increase over last year, when the average price was $285,032.

The median price of a single family home in the city of Calgary for July 2010 was $400,000, showing a 5 per cent decrease from June 2010, when the median price was $418,900, and a 3 per cent increase from July 2009, when the median price was $390,000. The median price of a condominium in July 2010 was $268,000, showing a 1 per cent decrease from June 2010, when the median was $269,900. That’s up 2 per cent from July 2009, when the median price was $263,000.

There was a slowdown in the number of Calgarians putting homes up for sale in the month of July. Single family listings in the city of Calgary added for the month of July totalled 1,942, a decrease of 29 per cent from June 2010 when 2,733 new listings were added, and showing a decrease of 7 per cent from July 2009, when 2,089 new listings came to the market. Condominium new listings in the city of Calgary added for July 2010 were 890, down 18 per cent from June 2010, when the MLS® saw 1,084 condo listings coming to the market. This is a decrease of 3 per cent from July 2009, when new condominium listings added were 918.

Average days on market (Sold) for July homes was 45 compared to 43 a year ago, and 51 and 50 for condominiums.

Following is a breakdown of sales for July homes and condominiums according to sale price....................

Single family homes                      Sales                  % of market

0 - 99,999 0 0.00%
100,000 - 199,999                             12                          1.31%
200,000 - 299,999                            113                       12.35%
300,000 - 349,999                            154                       16.83%
350,000 - 399,999                            171                       18.69%
400,000 - 449,999                            131                       14.32% .................63.50% of home sales were under $450,000
450,000 - 499,999                            103                       11.26% .................74.76% of home sales were under $500,000
500,000 - 549,999                              64                         6.99%
550,000 - 599,999                              36                         3.93%
600,000 - 649,999                              29                         3.17%
650,000 - 699,999                              16                         1.75%
700,000 - 799,999                              28                         3.06%
800,000 - 899,999                              21                         2.30%
900,000 - 999,999                                7                         0.77%
OVER 1,000,000                                30                         3.29%

Condominium                               Sales                           % of market

0 - 99,999 3 0.76%
100,000 - 199,999                           62                        15.66%
200,000 - 299,999                         183                        46.21% ....................62.63 % of condo sales were under $300,000
300,000 - 349,999                           73                        18.43% ....................81.06 % of condo sales were under $350,000
350,000 - 399,999                           30                          7.58%
400,000 - 449,999                           24                          6.06%
450,000 - 499,999                             5                          1.26%
500,000 - 549,999                             4                          1.01%
550,000 - 599,999                             5                          1.26%
600,000 - 649,999                             2                          0.51%
650,000 - 699,999                             1                          0.25%
700,000 - 799,999                             0                          0.00%
800,000 - 899,999                             1                          0.25%
900,000 - 999,999                             0                          0.00%
OVER 1,000,000                               3                          0.76%

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please
call me at your convenience. If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.

 

July 2, 2010

Hello Everyone..................

As of this evening we have 6004 single family homes and 2633 condominiums listed on the Calgary MLS system for a total of 8637 properties.

Calgary home sales continued to show a marked year-over-year decline in the month of June, according to figures released today by the Calgary Real Estate Board (CREB®). The number of single family homes sold in June 2010 in the city of Calgary was down 42 per cent from the same time a year ago, and condominium sales saw a decrease of 40 per cent from the same time a year ago.

June 2010 saw 1,061 single family homes sold in the city of Calgary. This is a decrease of 16 per cent from 1,262 sales in May 2010.
In June 2009, single family home sales totaled 1,837. The number of condominium sales for the month of June 2010 was 445. This was a decrease of 14 per cent from the 518 condominium transactions recorded in May 2010. In June 2009, condominium sales were 738. Conversely, sales of million-dollar-plus properties jumped by nearly 42 per cent year-to-date until the end of June, compared with the same period a year ago.

The average price of a single family home in the city of Calgary in June 2010 was $481,964, showing no significant change from May 2010, when the average price was $483,240, and showing an increase of 8 per cent from June 2009, when the average price was $447,142. The average price of a condominium in the city of Calgary was $292,238, showing a 4 per cent decrease from May 2010, when the average price was $304,662 and a 2 per cent increase over last year, when the average price was $285,595. Average price information can be useful in establishing trends over time, but does not indicate actual prices in centres comprised of widely divergent neighbourhoods, or account for price differentials between geographical areas.

The one market that seems to be bucking this moderating trend is the luxury or higher-end market. Calgary home sales continue to shift to higher price points. This has resulted in our average price holding firm. Homes in the higher price range have performed well and account for a larger portion of sales as move-up buyers enter the market. In the first six months of this year, 187 single-family homes in the city of Calgary sold for $1 million or more, compared with 132 in 2009.”

The median price of a single family home in the city of Calgary for June 2010 was $418,900, showing no significant change from May 2010, when the median price was $420,000, and a 5 per cent increase from June 2009, when the median price was $399,000. The median price of a condominium in June 2010 was $269,900, showing a 4 per cent decrease from May 2010, when the median was $279,900. That’s up 2 per cent from June 2009, when the median price was $265,500.

All city of Calgary MLS® statistics include properties listed and sold only within Calgary’s city limits. The median price is the price that is midway between the least expensive and most expensive home sold in an area during a given period of time. During that time, half the buyers bought homes that cost more than the median price and half bought homes for less than the median price.

Single family listings in the city of Calgary added for the month of June totaled 2,733, a decrease of 8 per cent from May 2010 when 2,966 new listings were added, and showing an increase of 22 per cent from June 2009, when 2,244 new listings came to the market. Condominium new listings in the city of Calgary added for June 2010 were 1,084, down 11 per cent from May 2010, when the MLS® saw 1,221 condo listings coming to the market. This is an increase of 17 per cent from June 2009, when new condominium listings added were 927.

Average days on market (Sold) for June homes was 39 compared to 44 a year ago, and 46 and 51 for condominiums.

Following is a breakdown of sales for June homes and condominiums according to sale price....................

Single family homes                      Sales           % of market

0 - 99,999 0 0.00%
100,000 - 199,999                              6                0.57%
200,000 - 299,999                          115              10.84%
300,000 - 349,999                          180              16.97%
350,000 - 399,999                          175              16.49%
400,000 - 449,999                          151              14.23% .................59.10% of home sales were under $450,000
450,000 - 499,999                          113              10.65% .................69.75% of home sales were under $500,000
500,000 - 549,999                            77               7.26%
550,000 - 599,999                            56               5.28%
600,000 - 649,999                            35               3.30%
650,000 - 699,999                            31               2.92%
700,000 - 799,999                            41               3.86%
800,000 - 899,999                            21               1.98%
900,000 - 999,999                            22               2.07%
OVER 1,000,000                              38               3.58%

Condominium                             Sales         % of market

0 - 99,999 3 0.67%
100,000 - 199,999                           65              14.61%
200,000 - 299,999                         218              48.99% ....................64.27 % of condo sales were under $300,000
300,000 - 349,999                           73              16.40% ....................80.67 % of condo sales were under $350,000
350,000 - 399,999                           37                8.31%
400,000 - 449,999                           19                4.27%
450,000 - 499,999                             6                1.35%
500,000 - 549,999                             7                1.57%
550,000 - 599,999                             5                1.12%
600,000 - 649,999                             4                0.90%
650,000 - 699,999                             1                0.22%
700,000 - 799,999                             0                0.00%
800,000 - 899,999                             2                0.45%
900,000 - 999,999                             3                0.67%
OVER 1,000,000                               2                0.45%

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please
call me at your convenience. If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.

 

June 1, 2010

As of this evening we have 5688 single family homes and 2671 condominiums listed on the Calgary MLS system.

The number of single family homes sold in May 2010 in the city of Calgary was down 20 per cent from the same time a year ago,
and condominium sales saw a decrease of 21 per cent from the same time a year ago.We saw 1,262 single family homes sold in the city of Calgary in May , a decrease of 7 per cent from the 1,352 sales in April 2010. In May 2009, single family home sales totaled 1,584. The number of condominium sales for the month of May 2010 was 518. This was a decrease of 19 per cent from the 639 condominium transactions recorded in April 2010. In May 2009, condominium sales were 653.

The average price of a single family home in the city of Calgary in May 2010 was $483,240, showing an increase of 5 per cent from April 2010, when the average price was $460,378, and showing an increase of 11 per cent from May 2009, when the average price was $436,427. The average price of a condominium in the city of Calgary was $304,662, showing a 5 per cent increase from April 2010, when the average price was $289,588 and an 11 per cent increase over last year, when the average price was $275,212.

The median price of a single family home in the city of Calgary for May 2010 was $420,000, showing a 1 per cent increase from April 2010, when the median price was $417,000, and an 8 per cent increase from May 2009, when the median price was $390,000. The median price of a condominium in May 2010 was $279,900,  showing a 5 per cent increase from April 2010, when the median was $267,500. That’s up 10 per cent from May 2009, when the median price was $255,000.

Single family listings in the city of Calgary added for the month of May totaled 2,966, a decrease of 4 per cent from April 2010 when 3,082 new listings were added, and showing an increase of 33 per cent from May 2009, when 2,235 new listings came to the market. Condominium new listings in the city of Calgary added for May 2010 were 1,221, down 9 per cent from April 2010, when the MLS® saw 1,335 condo listings coming to the market. This is an increase of 22 per cent from May 2009, when new condominium listings added were 998.

Average days on market (Sold) for May homes was 38 compared to 45 a year ago, and 43 and 51 for condominiums.

Following is a breakdown of sales for May homes and condominiums according to sale price....................

Single family homes      Sales       % of market

0 - 99,999 1 0.08%
100,000 - 199,999             6                0.48%
200,000 - 299,999         133              10.54%
300,000 - 349,999         193              15.29%
350,000 - 399,999         216              17.12%
400,000 - 449,999         206              16.32% .................59.83% of home sales were under $450,000
450,000 - 499,999         146              11.57% .................71.40% of home sales were under $500,000
500,000 - 549,999           88                6.97%
550,000 - 599,999           63                4.99%
600,000 - 649,999           35                2.77%
650,000 - 699,999           38                3.01%
700,000 - 799,999           41                3.25%
800,000 - 899,999           25                1.98%
900,000 - 999,999           16                1.27%
OVER 1,000,000             55                4.37%

Condominium              Sales           % of market

0 - 99,999                        3                0.58%
100,000 - 199,999         61              11.78%
200,000 - 299,999       238              45.95% ....................58.31 % of condo sales were under $300,000
300,000 - 349,999         92              17.76% ....................76.07 % of condo sales were under $350,000
350,000 - 399,999         53              10.23%
400,000 - 449,999         27                5.21%
450,000 - 499,999         15                2.90%
500,000 - 549,999         10                1.93%
550,000 - 599,999           4                0.77%
600,000 - 649,999           5                0.97%
650,000 - 699,999           2                0.39%
700,000 - 799,999           2                0.39%
800,000 - 899,999           3                0.58%
900,000 - 999,999           2                0.39%
OVER 1,000,000             1                0.19%

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please
call me at your convenience. If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.

April 1, 2010

Good evening everyone,

As of this morning there were 4385 single family homes listed on MLS as well as 2278 condominiums for a total of 6663 active units, almost 1800 more units than last month.

The number of single family homes sold in March 2010 in the city of Calgary was up 29 per cent from the same time a year ago,
while condominium sales saw an increase of 37 per cent from the same time a year ago. March 2010 saw 1,396 single family homes sold in the city of Calgary.
This is an increase of 35 per cent from 1,035 sales in February 2010. In March 2009, single family home sales totaled 1,086. The number of condominium sales for the month of March 2010 was 609. This was an increase of 14 per cent from the 536 condominium transactions recorded in February 2010. In March 2009, condominium sales were 446.

The average price of a single family home in the city of Calgary in March 2010 was $471,269, showing an increase of 3 per cent from February 2010, when the average price was $458,254, and showing an increase of 12 per cent from March 2009, when the average price was $420,354. The average price of a condominium in the city of Calgary was $296,660, showing a 5 per cent increase from February 2010, when the average price was $282,880 and a 4 per cent increase over last year, when the average price was $284,056.

The median price of a single family home in the city of Calgary for March 2010 was $423,000, showing a 3 per cent increase from February 2010, when the median price was $411,000, and a 13 per cent increase from March 2009, when the median price was $375,000. The median price of a condominium in March 2010 was $275,000, showing a 3 per cent increase from February 2010, when the median was $265,900. That’s up 6 per cent from March 2009, when the median price was $260,000.

Single family listings in the city of Calgary added for the month of March totaled 2,988, an increase of 39 per cent from February 2010 when 2,154 new listings were added, and showing an increase of 48 per cent from March 2009, when 2,023 new listings came to the market. Condominium new listings in the city of Calgary added for March 2010 were 1,376, up 24 per cent from February 2010, when the MLS® saw 1,109 condo listings coming to the market. This is an increase of 52 per cent from March 2009, when
new condominium listings added were 903.

Average days on market (Sold) for March homes was 33 compared to 48 a year ago, and 39 and 56 for condominiums.

Following is a breakdown of sales for March homes and condominiums according to sale price....................

Single family homes                    Sales                   % of market

0 - 99,999 0 0.00%
100,000 - 199,999                         13                          0.93%
200,000 - 299,999                       138                          9.89%
300,000 - 349,999                       195                        13.97%
350,000 - 399,999                       245                        17.55%
400,000 - 449,999                       227                        16.26% .................58.60% of home sales were under $450,000
450,000 - 499,999                       157                        11.25% .................69.85% of home sales were under $500,000
500,000 - 549,999                       108                          7.74%
550,000 - 599,999                         83                          5.95%
600,000 - 649,999                         65                          4.66%
650,000 - 699,999                         50                          3.58%
700,000 - 799,999                         40                          2.87%
800,000 - 899,999                         26                          1.86%
900,000 - 999,999                         16                          1.15%
OVER 1,000,000                           33                          2.36%

Condominium                            Sales                       % of market

0 - 99,999                                       5                           0.82%
100,000 - 199,999                        76                         12.48%
200,000 - 299,999                      288                         47.29% ....................60.59 % of condo sales were under $300,000
300,000 - 349,999                      101                         16.58% ....................77.17 % of condo sales were under $350,000
350,000 - 399,999                        62                         10.18%
400,000 - 449,999                        28                           4.60%
450,000 - 499,999                        18                           2.96%
500,000 - 549,999                          9                           1.48%
550,000 - 599,999                          7                           1.15%
600,000 - 649,999                          4                           0.66%
650,000 - 699,999                          4                           0.66%
700,000 - 799,999                          4                           0.66%
800,000 - 899,999                          1                           0.16%
900,000 - 999,999                          0                           0.00%
OVER 1,000,000                            2                           0.32%

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please
call me at your convenience. If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.

March 1,2010

Good day everyone...................and Happy Spring!!!

As of this morning we have 3140 single family homes as well as 1756 condominiums listed on MLS for a total of 4896 units, almost 1000 units more than last month.

The number of single family homes sold in February 2010 in the city of Calgary was up 25 per cent from the same time a year ago, while condominium sales saw an increase of 56 per cent from the same time a year ago. February 2010 saw 1,035 single family homes sold in the city of Calgary. This is an increase of 36 per cent from 762 sales in January 2010. In February 2009, single family home sales totaled 825. The number of condominium sales for the month of February 2010 was 536. This was an increase of 43 per cent from the 376 condominium transactions recorded in January 2010. In February 2009, condominium sales were 343.

The average price of a single family home in the city of Calgary in February 2010 was $458,254, showing an increase of 4 per cent from January 2010, when the average price was $441,217, and showing an increase of 10 per cent from February 2009, when the average price was $415,568. The average price of a condominium in the city of Calgary was $282,880, showing no significant change from January 2010, when the average price was $282,639 and a 5 per cent increase over last year, when the average price was $268,971.

The median price of a single family home in the city of Calgary for February 2010 was $411,000, showing a 3 per cent increase from January 2010, when the median price was $398,000, and a 10 per cent increase from February 2009, when the median price was $375,000. The median price of a condominium in February 2010 was $265,900, remaining nearly the same as in January 2010, when the median was $265,000. That’s up 6 per cent from February 2009, when the median price was $249,900.

Single family listings in the city of Calgary added for the month of February totaled 2,154, an increase of 18 per cent from January 2010 when 1,822 new listings were added, and showing an increase of 5 per cent from February 2009, when 2,057 new listings came to the market. Condominium new listings in the city of Calgary added for February 2010 were 1,109, up 17 per cent from January 2010, when the MLS® saw 951 condo listings coming to the market. This is an increase of 24 per cent from February 2009, when new condominium listings added were 892.

Average days on market (Sold) for February homes was 34 compared to 51 a year ago, and 43 and 51 for condominiums.

Following is a breakdown of sales for February homes and condominiums according to sale price....................

Single family homes Sales % of market

             0 - 99,999       0      0.00%
100,000 - 199,999       7      0.68%
200,000 - 299,999    111    10.72%
300,000 - 349,999    197    19.03%
350,000 - 399,999    169    16.33%
400,000 - 449,999    167    16.14% .................62.90% of home sales were under $450,000
450,000 - 499,999    103      9.95% .................72.85% of home sales were under $500,000
500,000 - 549,999      84      8.12%
550,000 - 599,999      55      5.31%
600,000 - 649,999      33      3.19%
650,000 - 699,999      26      2.51%
700,000 - 799,999      34      3.29%
800,000 - 899,999      19      1.84%
900,000 - 999,999      10      0.97%
OVER 1,000,000        20      1.94%

Condominium           Sales   % of market

0 - 99,999                      0        0.00%
100,000 - 199,999       95      17.72%
200,000 - 299,999     239      44.59% ....................62.31 % of condo sales were under $300,000
300,000 - 349,999     101      18.84% ....................81.15 % of condo sales were under $350,000
350,000 - 399,999       51       9.51%
400,000 - 449,999       22       4.10%
450,000 - 499,999       10       1.87%
500,000 - 549,999         3       0.56%
550,000 - 599,999         6       1.12%
600,000 - 649,999         3       0.56%
650,000 - 699,999         2       0.37%
700,000 - 799,999         3       0.56%
800,000 - 899,999         1       0.19%
900,000 - 999,999         0       0.00%
OVER 1,000,000           0       0.00%

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please
call me at your convenience. If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.

 

February 1, 2010

As of this morning we have 2561 single family homes as well as 1412 condominiums listed on MLS for a total of 3973 units.


January 2010 saw 762 single family homes sold in the city of Calgary. This is a decrease of 5 per cent from 799 sales in December 2009. In January 2009, single family home sales totaled 550. The number of condominium sales for the month of January 2010 was 376. This was an increase of 10 per cent from the 341 condominium transactions recorded in December 2009. In January 2009, condominium sales were 225.


The average price of a single family home in the city of Calgary in January 2010 was $441,217, showing a decrease of 2 per cent from December 2009, when the average price was $451,349, and showing an increase of 7 per cent from January 2009, when the average price was $413,049. The average price of a condominium in the city of Calgary was $282,639, showing a 2 per cent decrease from December 2009, when the average price was $288,640 and a 4 per cent increase over last year, when the average price was $270,940. The median price of a single family home in the city of Calgary for January 2010 was $398,000, showing a 1 per cent decrease from December 2009, when the median price was $401,000, and a 6 per cent increase from January 2009, when the median price was $374,700. The median price of a condominium in January 2010 was $265,000, remaining the same as in December 2009, when the median was also $265,000. That’s up 9 per cent from January 2009, when the median price was $243,000.


Single family listings in the city of Calgary added for the month of January totaled 1,822, an increase of 126 per cent from December 2009 when 806 new listings were added, and showing a decrease of 12 per cent from January 2009, when 2,068 new listings came to the market. Condominium new listings in the city of Calgary added for January 2010 were 951, up 114 per cent from December 2009, when the MLS® saw 444 condo listings coming to the market. This is an increase of 1 per cent from January 2009, when new condominium listings added were 941.

Average days on market (Sold) for January homes was 43 compared to 62 a year ago, and 50 and 64 for condominiums.

Following is a breakdown of sales for January homes and condominiums according to sale price....................

Single family homes           Sales               % of market

             0 - 99,999                   0                             0.00%
100,000 - 199,999                   4                             0.52%
200,000 - 299,999               101                           13.25%
300,000 - 349,999               133                           17.45%
350,000 - 399,999               147                           19.29%                  
400,000 - 449,999               114                           14.96%     .................65.47% of home sales were under $450,000
450,000 - 499,999                 79                           10.37%     .................75.84% of home sales were under $500,000
500,000 - 549,999                 46                             6.04%
550,000 - 599,999                 42                             5.51%
600,000 - 649,999                 29                             3.81%
650,000 - 699,999                 16                             2.10%
700,000 - 799,999                 18                             2.36%
800,000 - 899,999                 13                             1.71%
900,000 - 999,999                   8                             1.05%
OVER 1,000,000                   12                             1.57%

Condominium                     Sales                % of market

0 - 99,999                                1                              0.27%
100,000 - 199,999                 70                            18.62%
200,000 - 299,999               175                            46.54% ....................65.43 % of condo sales were under $300,000
300,000 - 349,999                 61                            16.22% ....................81.65 % of condo sales were under $350,000
350,000 - 399,999                 29                              7.71%
400,000 - 449,999                 15                              3.99%
450,000 - 499,999                   7                              1.86%
500,000 - 549,999                   5                              1.33%
550,000 - 599,999                   6                              1.60%
600,000 - 649,999                   3                              0.80%
650,000 - 699,999                   0                              0.00%
700,000 - 799,999                   1                              0.27%
800,000 - 899,999                   2                              0.53%
900,000 - 999,999                   1                              0.27%
OVER 1,000,000                     0                              0.00%


I have also attached the quarterly comparisons for Condos in 2009. The attached will show sales and average prices in all areas of the city between the 3rd and 4th quarter of 2009. As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please call me at your convenience.

If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.


Glenn

 

 

 

 

 

January 1, 2010

 

G ood morning and Happy New Year everyone.


As of this morning we have 2101 single family homes as well as 1212 condominiums listed on MLS for a New Year total of 3313.


In December the Calgary housing market continued to show signs of a sustained recovery. The number of single family homes sold in December 2009 in the city of Calgary was up 78 per cent from the same time a year ago, while condominium sales saw an increase of 66 per cent from the same time a year ago.


December 2009 saw 799 single family homes sold in the city of Calgary. This is a decrease of 27 per cent from 1,095 sales in November 2009. In December 2008, single family home sales totaled 449. The number of condominium sales for the month of December 2009 was 341. This was a decrease of 32 per cent from the 504 condominium transactions recorded in November 2009. In December 2008, condominium sales were 205.


The average price of a single family home in the city of Calgary in December 2009 was $451,349, showing a decrease of 3 per cent from November 2009, when the average price was $464,444, and showing an increase of 8 per cent from December 2008, when the average price was $417,398. The average price of a condominium in the city of Calgary was $288,640, showing a 2 per cent decrease from November 2009, when the average price was $294,264 and a 5 per cent increase over last year,
when the average price was $274,919. Average price information can be useful in establishing trends over time, but does not indicate actual prices in centres comprised of widely divergent neighbourhoods, or account for price differentials between geographical areas.


The median price of a single family home in the city of Calgary for December 2009 was $401,000, showing a decrease of 2 per cent from November 2009, when the median price was $408,000, and up 6 per cent from December 2008, when the median price was $380,000. The median price of a condominium in December 2009 was $265,000, showing virtually no change from November 2009, when the median was $264,900, and up 4 per cent from December 2008, when the median price was $254,000.


Single family listings in the city of Calgary added for the month of December totaled 806, a decrease of 41 per cent from November 2009 when 1,365 new listings were added, and showing a decrease of 4 per cent from December 2008, when 836 new listings came to the market. Condominium new listings in the city of Calgary added for December 2009 were 444, down 37 per cent from November 2009, when the MLS® saw 705 condo listings coming to the market. This is an increase of 3 per cent from
December 2008, when new condominium listings added were 431.

Average days on market (Sold) for December homes was 47 compared to 61 a year ago, and the same 47 and 61 for condominiums.

Following is a breakdown of sales for December homes and condominiums according to sale price....................

Single family homes           Sales               % of market

             0 - 99,999                   0                             0.00%
100,000 - 199,999                   8                             1.00%
200,000 - 299,999               105                           13.14%
300,000 - 349,999               140                           17.52%
350,000 - 399,999               138                           17.27%                  
400,000 - 449,999               115                           14.39%     .................63.32% of home sales were under $450,000
450,000 - 499,999                 86                           10.76%     .................74.08% of home sales were under $500,000
500,000 - 549,999                 58                             7.26%
550,000 - 599,999                 35                             4.38%
600,000 - 649,999                 34                             4.26%
650,000 - 699,999                 13                             1.63%
700,000 - 799,999                 33                             4.13%
800,000 - 899,999                   7                             0.88%
900,000 - 999,999                   7                             0.88%
OVER 1,000,000                    9                             1.13%

Condominium                     Sales                % of market

0 - 99,999                                1                              0.29%
100,000 - 199,999                 64                            18.77%
200,000 - 299,999               160                            46.92% ....................65.98 % of condo sales were under $300,000
300,000 - 349,999                 51                            14.96% ....................80.94 % of condo sales were under $350,000
350,000 - 399,999                 24                              7.04%
400,000 - 449,999                 17                              4.99%
450,000 - 499,999                   7                              2.05%
500,000 - 549,999                   5                              1.47%
550,000 - 599,999                   7                              2.05%
600,000 - 649,999                   0                              0.00%
650,000 - 699,999                   1                              0.29%
700,000 - 799,999                   1                              0.29%
800,000 - 899,999                   1                              0.29%
900,000 - 999,999                   0                              0.00%
OVER 1,000,000                    2                              0.58%

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please
call me at your convenience. If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.


Glenn

 

 

 

December 4, 2009

Good Day everyone............


As of this morning we have 2669 single family homes listed on MLS® as well as 1436 condominiums, for a total of 4105 properties.

November 2009 saw 1,095 single family homes sold in the city of Calgary. This is a decrease of 15 per cent from 1,285 sales in October of this year. In November 2008 single family home sales were 670. The number of condominium sales for the month of November 2009 was 504. This was a decrease of 16 per cent from the 601 condominium transactions recorded last month. In November 2008 condominium sales were 284.

The average price of a single family home in the city of Calgary in November 2009 was $464,444, showing no significant change from October 2009, when the average price was $462,465, and showing an increase of 7 per cent from November 2008, when the average price was $435,471. The average price of a condominium in the city of Calgary in November was $294,264 showing a 2 per cent increase from October 2009, when the average price was $289,155 and a 3 per cent increase over last year, when the average price was $285,820. Average price information can be useful in establishing
trends over time, but does not indicate actual prices in centers comprised of widely divergent neighborhoods, or account for price differentials between geographical areas.

Single family listings in the city of Calgary added for the month of November totaled 1,365, a decrease of 25 per cent from October 2009 when 1,819 new listings were added, and showing a decrease of 13 per cent from November 2008, when 1,567 new listings came to the market. Condominium new listings in the city of Calgary added for November 2009 were 705, down 18 per cent from October 2009, when the MLS® System saw 859 condo listings coming to the market. This is a decrease of 5 per cent from November 2008, when new condominium listings added were 741.

The median price of a single family home in the city of Calgary for November 2009 was $408,000, showing no significant change from October 2009, when the median price was $410,000, and up 5 per cent from November 2008, when the median price was $387,300. The median price of a condominium in November 2009 was $264,900, showing a 1 per cent increase from October 2009, when the median was $263,500, and up 5 per cent from November 2008, when the median price was $251,800.

Average days on market (DOM) sold for November homes was 42 days compared to 55 last year, and 46 for condos compared to 51 last year.

Following is the breakdown of sales in November showing price breakdowns............

Single family homes      Sales        % of market

0 - 99,999                         0              0.00%
100,000 - 199,999            16              1.46%
200,000 - 299,999          125             11.42%
300,000 - 349,999          186             16.99%
350,000 - 399,999          190             17.35%
400,000 - 449,999          162             14.79% .................62.01% of home sales were under $450,000
450,000 - 499,999          133             12.15% .................74.16% of home sales were under $500,000
500,000 - 549,999            72              6.58%
550,000 - 599,999            44              4.02%
600,000 - 649,999            45              4.11%
650,000 - 699,999            28              2.56%
700,000 - 799,999            27              2.47%
800,000 - 899,999            19              1.74%
900,000 - 999,999            12              1.10%
OVER 1,000,000               36              3.28%

Condominium                Sales           % of market

0 - 99,999                         3               0.60%
100,000 - 199,999            73             14.48%
200,000 - 299,999          253             50.20% ....................65.28 % of condo sales were under $300,000
300,000 - 349,999            76             15.08% ....................80.36 % of condo sales were under $350,000
350,000 - 399,999            36               7.14%
400,000 - 449,999            21               4.17%
450,000 - 499,999            15               2.98%
500,000 - 549,999              9               1.79%
550,000 - 599,999              5               0.99%
600,000 - 649,999              0               0.00%
650,000 - 699,999              2               0.40%
700,000 - 799,999              3               0.60%
800,000 - 899,999              1               0.20%
900,000 - 999,999              3               0.60%
OVER 1,000,000                 4               0.80%

As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please call me at your convenience.

If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.















November 1, 2009

Good day everyone............

Active listings as of today are 2,968 single family homes and 1,485 condominiums, for a total of 4,453.

The average price of a single family Calgary metro home in October 2009 was $462,465, showing an increase of 1 per cent from September 2009,
when the average price was $459,085, and showing an increase of 3 per cent from October 2008, when the average price was $449,100. The average
price of a Calgary metro condominium was $289,155 showing no significant change from September 2009, when the average price was $290,253,
and no significant change over last year, when the average price was $289,148.

The number of single family homes and condos sold in October 2009 in Calgary metro are also both up from the same time a year ago. October saw 1,285 single
family homes sold in Calgary metro. This is an increase of 57 per cent from October 2008, when single family home sales were 820. This is an increase of 2 per cent
from 1,257 sales in September of this year. The number of condominium sales for the month of October 2009 was 601, an increase of 51 per cent from October 2008
when 399 condominiums changed hands. This was an increase of 4 per cent from the 580 condominium transactions recorded last month.

Single family Calgary metro new listings added for the month of October totaled 1,819, a decrease of 2 per cent from September 2009 when 1,857 new listings were added,
and showing a decrease of 22 per cent from October 2008, when 2,322 new listings came to the market. Calgary metro condominium new listings added in October 2009
were 859, down 9 per cent from September 2009, when the MLS® saw 940 condo listings coming to the market. This is a decrease of 20 per cent from October 2008,
when condominium listings were 1,071.

The median price of a single family Calgary metro home in October 2009 was $410,000, showing a 3 per cent increase from September 2009, when the median price
was $399,900, and up 5 per cent from October 2008, when the median price was $390,000. The median price of a condominium in October 2009 was $263,500, down 1 per cent
from September 2009, when the median was $265,000, and down 2 per cent from October 2008, when the median price was $268,000.

Average days on market (DOM) sold for October homes was 41 days compared to 48 last year, and 44 for condos compared to 50 last year.

Following is the breakdown of sales in October showing price breakdowns............


Single family homes    Sales     % of market

          0 -   99,999          0         0.00%
100,000 - 199,999         12         0.93%
200,000 - 299,999       164        12.75%
300,000 - 349,999       189        14.70%
350,000 - 399,999       229        17.81%
400,000 - 449,999       195        15.16% .................61.35% of home sales were under $450,000
450,000 - 499,999       155        12.05% .................73.40% of home sales were under $500,000
500,000 - 549,999         83         6.45%
550,000 - 599,999         62         4.82%
600,000 - 649,999         46         3.58%
650,000 - 699,999         38         2.95%
700,000 - 799,999         47         3.65%
800,000 - 899,999         22         1.71%
900,000 - 999,999         16         1.24%
OVER 1,000,000            28         2.18%

Condominium             Sales    % of market

0 - 99,999                      2         0.33%
100,000 - 199,999       101       16.81%
200,000 - 299,999       282       46.92% ....................64.06 % of condo sales were under $300,000
300,000 - 349,999         92       15.31% ....................79.37 % of condo sales were under $350,000
350,000 - 399,999         49         8.15%
400,000 - 449,999         29         4.83%
450,000 - 499,999         21         3.49%
500,000 - 549,999           7         1.16%
550,000 - 599,999           6         1.00%
600,000 - 649,999           2         0.33%
650,000 - 699,999           3         0.50%
700,000 - 799,999           2         0.33%
800,000 - 899,999           3         0.50%
900,000 - 999,999           1         0.17%
OVER 1,000,000              1         0.17%


As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please
call me at your convenience.

If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive
is a referral from clients and customers like yourselves. Thank you for your trust.


Glenn










October 1, 2009

Good day everyone.....

As of today we have 3180 single family homes and 1561 condominiums listed on the Calgary MLS system for a total of 4741 actives.

September saw 1,257 single family homes sold in Calgary metro. This is an increase of 9 per cent from September 2008, when single family home sales were 1,152.
This is a decrease of 2 per cent from 1,277 sales in August of this year. The number of condominium sales for the month of September 2009 was 580, an increase
of 25 per cent from September 2008 when 465 condominiums changed hands. This was a decrease of 8 per cent from the 632 condominium transactions recorded last month.

The average price of a single family Calgary metro home in September 2009 was $459,085, showing an increase of 1 per cent from August 2009,
when the average price was $454,130, and showing an increase of 3 per cent from September 2008, when the average price was $444,048. The average
price of a Calgary metro condominium was $290,253 showing a 2 per cent increase from August 2009, when the average price was $283,330 and an
increase of 1 per cent over last year, when the average price was $287,426.

Single family Calgary metro new listings added for the month of September totaled 1,857, a decrease of 3 per cent from August 2009 when
1,910 new listings were added, and showing a decrease of 29 per cent from September 2008, when 2,631 new listings came to the market. Calgary metro condominium
new listings added in September 2009 were 940, up 13 per cent from August 2009, when the MLS® saw 832 condo listings coming to the market. This is a decrease
of 21 per cent from September 2008, when condominium listings were 1,186.

The median price of a single family Calgary metro home in September 2009 was $399,900, showing no significant change from August 2009, when the median price was
$400,000, and up 1 per cent from September 2008, when the median price was $395,000. The median price of a condominium in September 2009 was $265,000, up 2 per cent
from August 2009, when the median was $260,000, and showing no change from September 2008, when the median price was $265,000.

Average days on market (DOM) sold for September homes was 40 days compared to 51 last year, and 43 for condos compared to 54 last year.

Following is the breakdown of sales in September showing price breakdowns............


Single family homes         Sales          % of market

0 - 99,999                         0                   0.00%
100,000 - 199,999             9                   0.72%
200,000 - 299,999           156                12.41%
300,000 - 349,999           244                19.41%
350,000 - 399,999           220                17.50%
400,000 - 449,999           196                15.59% .................65.63% of home sales were under $450,000
450,000 - 499,999           121                  9.63% .................75.26% of home sales were under $500,000
500,000 - 549,999           95                    7.56%
550,000 - 599,999           39                    3.10%
600,000 - 649,999           25                    1.99%
650,000 - 699,999           35                    2.78%
700,000 - 799,999           43                    3.42%
800,000 - 899,999           23                    1.83%
900,000 - 999,999           15                    1.19%
OVER 1,000,000              36                    2.87%


Condominiums          Sales       % of market

0 - 99,999                    2          0.34%
100,000 - 199,999       93        16.03%
200,000 - 299,999     294        50.69% ....................67.06 % of condo sales were under $300,000
300,000 - 349,999       80        13.79% ....................80.85 % of condo sales were under $350,000
350,000 - 399,999       49          8.45%
400,000 - 449,999       23          3.97%
450,000 - 499,999       14          2.41%
500,000 - 549,999         6          1.03%
550,000 - 599,999         6          1.03%
600,000 - 649,999         1          0.17%
650,000 - 699,999         5          0.86%
700,000 - 799,999         2          0.34%
800,000 - 899,999         1          0.17%
900,000 - 999,999         0          0.00%
OVER 1,000,000            4          0.69%


As always, if you have any questions on these numbers or you require any additional statistics, be they rural or commercial, please call me at your convenience.

If you know anyone who may need assistance in buying or selling in this market please let me know. The finest compliment I can receive is a referral from clients and customers like yourselves. Thank you for your trust.


Glenn