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Calgary Real Estate Board -
Calgary MLS July 2007
Calgary, Alberta, Canada August 01, 2007
Inventory Hits Peak
Calgary's total MLS
month end inventory for the month of July 2007 was 8,972 showing
the highest level recorded this year, according to figures
released by the Calgary Real Estate Board.
Single family Calgary
metro new listings added for the month of July totaled 2,548 a
6.25% decrease over the 2,718 new listings added in July 2006.
This is a decrease of 23.09% over the 3,313 new listings added in
June 2007.
Single family Calgary
metro properties changing hands in July were 1,495 an increase of
4.91% from the 1,425 recorded in July 2006 and a decrease of
14.91% from the 1,757 sales recorded last month.
The median price of a
single family Calgary metro home in July 2007 was $435,000 showing
a 13.25% increase over July 2006 when the median price was
$384,100 and
showing a 0.91% decrease from last month when the median price was
$439,000. All Calgary Metro MLS Statistics include properties
listed and sold only within Calgary's City Limits.
The Calgary metro
condominium market showed a slight decline in July with the new
listings added totaling 1,117 and increase of 7.3% from July
2006 when the new listings added were 1,041. This is a 10.85% decrease
from last month when the new listings added were 1,253. Calgary
metro condominium sales in July 2007 were 603 a decrease of 13.24%
from July 2006 when the sales were 695 and a 23.86% decrease from
last months sales of 792.
The average price of a
single family Calgary metro home in July 2007 was $505,920 and the
average price of a metro condominium was $318.582.
Calgary Single
Family (Calgary Metro):
|
July |
2007 |
2006 |
% |
|
Month End Inventory |
4,510 |
n/a |
n/a |
|
New Listings Added |
2,548 |
2,718 |
-6.25 |
|
Sales |
1,495 |
1,425 |
4.91 |
|
Average Sale Price |
505,920 |
418,998 |
20.75 |
|
Median Price |
435,000 |
384,100 |
13.25 |
|
Sales $ / List $ |
97.20 |
98.83 |
-1.65 |
Calgary Condominiums (Calgary
Metro):
|
July |
2007 |
2006 |
% |
|
Month End Inventory |
1,634 |
n/a |
n/a |
|
New Listings Added |
1,117 |
1,041 |
7.30 |
|
Sales |
603 |
695 |
-13.24 |
|
Average Sale Price |
318,582 |
276,463 |
15.24 |
|
Median Price |
297,900 |
261,500 |
13.92 |
|
Sales $ / List $ |
97.69 |
99.80 |
-2.11 |
Calgary Towns (Outside Calgary):
|
July |
2007 |
2006 |
% |
|
Month End Inventory |
1,650 |
n/a |
n/a |
|
New Listings Added |
773 |
684 |
13.01 |
|
Sales |
453 |
427 |
6.09 |
|
Average Sale Price |
396,537 |
303,302 |
30.74 |
|
Median Price |
363,500 |
282,000 |
28.90 |
|
Sales $ / List $ |
97.64 |
98.76 |
-1.13 |
Calgary Country Residential
(Acreages):
|
July |
2007 |
2006 |
% |
|
Month End Inventory |
720 |
403 |
78.66 |
|
New Listings Added |
216 |
188 |
14.89 |
|
Sales |
63 |
86 |
-26.74 |
|
Average Sale Price |
842,563 |
648,712 |
29.88 |
|
Median Price |
680,000 |
585,000 |
16.24 |
|
Sales $ / List $ |
96.60 |
94.31 |
2.43 |
Calgary Rural Land:
|
July |
2007 |
2006 |
% |
|
Month End Inventory |
406 |
256 |
58.59 |
|
New Listings Added |
84 |
57 |
47.37 |
|
Sales |
31 |
52 |
-40.38 |
|
Average Sale Price |
449,382 |
590,834 |
-23.94 |
|
Median Price |
400,000 |
330,000 |
21.21 |
|
Sales $ / List $ |
97.77 |
98.55 |
-0.80 |
Total Calgary MLS*:
|
July |
2007 |
2006 |
% |
|
Month End Inventory |
8,972 |
4,407 |
103.59 |
|
New Listings Added |
4,776 |
4,713 |
1.34 |
|
Sales |
2,677 |
2,710 |
-1.22 |
|
Average Sale Price |
447,271 |
371,429 |
20.42 |
|
Median Price |
392,000 |
333,000 |
17.72 |
|
Sales $ / List $ |
97.32 |
98.73 |
-1.43 |
* Total MLS includes Mobile
Listings
Calgary, Alberta, Canada - July
2007
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