Jim English>Calgary Real Estate Services>Calgary Real Estate Market News>May 2003
 

Calgary Real Estate Market News May 2003

MLS Resale Housing Market Shows More Balance !

Combined residential units sold in April 2003 totaled 2,400 (the second highest April on record and the third highest month ever) up from March's 2,137 units, an increase of 12%, but down from last April's all time record of 2,633 units.

April 2003 total 2,400 breakdown by type:
(1,784 single family; 599 condominiums; 17 mobile homes)

This year's April residential sales are very strong and the active listings show a healthy market. Last year was an outstanding year for sales, however the market was unbalanced with very little inventory to choose from.

The average combined residential sale price in April 2003 was $209,941 up  from March's average price of $206,578 and also up about 7% over last April's $196,486.

The average sale price April 2003 over 2002 breakdown by type:
(single family $230,261 / $213,687; condominiums $153,871 / $145.423; mobile homes $53,082 / $60,233)

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 Jim English>Calgary Real Estate Services>Calgary Real Estate Market News>May 2003


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