Jim English>Calgary Real Estate Services>Calgary Real Estate Market News>January 2006
 

Calgary Real Estate Market News January 2006

Single Family Average Price Tops $322,000

Calgary, Alberta - January 31, 2006

January 2006 residential combined listings totaled 2,981 which is a decrease of 14.12% from January 2005 listings of 3,471 that showed a 90.72% increase from last months 1,563 listings.

The average day on the market for a home from listing to sale price was 32 days compared to 49 in January 2005, a 34.69% decrease.

Combined residential sales in January 2006 totaled 2,408 which is a 49.38% increase over January 2005 sales of 1,612 and a 28.29% increase from December 2005 sales of 1,877.

January 2006 total 2,408 breakdown by type:
(1,759 single family; 634 condominiums; 15 mobile homes)
As compared to January 2005 total 1,612 breakdown by type:
(1,171 single family; 429 condominiums; 12 mobile homes)

The average combined residential sale price in January 2006 was $289,130 a 20.19% increase over January 2005 at $240,565.

The average combined sale price January 2006 over January 2005 breakdown by type is single family $322,693  / $265,924; condominiums $202,065 / $177,209; mobile homes $33,259 / $30,885.

DESCRIPTION JAN 2006 JAN 2005 CHANGE
SALES 2,408 1,612 49.38%
AVERAGE SALE PRICE $289,130 $240,565 20.19%
MEDIAN PRICE $254,900 $215,000 18.56%
DOLLAR VOLUME $696,224,883 $387,790,226 79.54%

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 Jim English>Calgary Real Estate Services>Calgary Real Estate Market News>January 2006


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