Jim English>Calgary Real Estate Statistics>October 2006
 

Calgary Real Estate Statistics
Calgary, Alberta, Canada - November 01, 2006

Four Months of Increasing Inventory and Subsequent
Price Reductions Give Buyers a Welcome Edge

MLS listings remained strong in October 2006, providing buyers with more product to choose from, according to figures released by the Calgary Real Estate Board.

October combined residential sales totaled 2,122 units, showing a slight decrease of 2.66% from September 2006 sales of 2,180 and showing a decrease of 17.69% from October 2005 sales of 2,578.

Combined Residential Sales Breakdown:

Statistics October 2006 October 2005
Single Family 1,492 1,806
Condominiums 619 760
Mobile Homes 11 12
Totals 2,122 2,578

The average combined residential sale price in October 2006 was $374,067 showing a 46.90% increase over October 2005 when the average price was $254,643 and a 1.12% increase over the September 2006 price of $369,928.

Combined Residential Sale Price Breakdown:

Statistics

October 2006 October 2005
Single Family $413,712 $284,206
Condominiums $283,888 $187,661
Mobile Homes $71,309 $47,658

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 Jim English>Calgary Real Estate Statistics>October 2006


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