|
Calgary Real Estate Board -
Calgary MLS October 2007
MLS Sees a Steady Fourth
Quarter Ahead
The market remains
steady during the first part of the fourth quarter of 2007, according to figures
released by the Calgary Real Estate Board.
Single family Calgary
metro sales in October were 1,113 an decrease of
10.3% from the 1,241 sales recorded in October 2006 and an increase of
4.6% from the 1,064 sales recorded in September 2007.
Single family Calgary
metro new listings added for the month of October totaled 2,586 a
2.9% increase over the 2,513 new listings added in October 2006.
This is a decrease of 16.7% over the 3,106 new listings added in
September 2007.
The median price of a
single family Calgary metro home in October 2007 was $412,500 showing
a 10.00% increase over October 2006 when the median price was
$375,000 and
showing a 1.9% decrease from September 2007 when the median price was
$420,500. All Calgary Metro MLS Statistics include properties
listed and sold only within Calgary's City Limits. The median
price is the best price that is midway between the least expensive
and the 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.
Calgary metro
condominium new listings added in October were 1,203 showing an
decrease of 8.5% from the 1,315 new listings added in September
2007. This is a 13.2% increase from the 1,063 new listings coming
to market in October 2006.
Calgary metro
condominium sales in October 2007 were 501 a decrease of 6.4%
from October 2006 when the sales were recorded as 535 and a
3.7% increase from the 483 condominium sales recorded in September
2007.
The average price of a
single family Calgary metro home in October 2007 was $452,254 and
the average price of a metro condominium was $331,617.
Calgary Single
Family (Calgary Metro):
|
October |
2007 |
2006 |
% |
|
Month End Inventory |
5,517 |
n/a |
n/a |
|
New Listings Added |
2,586 |
2,513 |
2.90 |
|
Sales |
1,113 |
1,241 |
-10.31 |
|
Average Sale Price |
452,254 |
423,870 |
6.70 |
|
Median Price |
412,500 |
375,000 |
10.00 |
|
Sales $ / List $ % |
96.99 |
97.16 |
-0.18 |
Calgary Condominiums (Calgary
Metro):
|
October |
2007 |
2006 |
% |
|
Month End Inventory |
2,329 |
n/a |
n/a |
|
New Listings Added |
1,203 |
1,063 |
13.17 |
|
Sales |
501 |
535 |
-6.36 |
|
Average Sale Price |
331,617 |
290,487 |
14.16 |
|
Median Price |
289,000 |
264,000 |
9.47 |
|
Sales $ / List $ % |
96.59 |
97.16 |
-0.59 |
Calgary Towns (Outside Calgary):
|
October |
2007 |
2006 |
% |
|
Month End Inventory |
2,116 |
n/a |
n/a |
|
New Listings Added |
823 |
658 |
25.08 |
|
Sales |
328 |
329 |
-0.30 |
|
Average Sale Price |
403,110 |
333,423 |
20.90 |
|
Median Price |
362,000 |
309,800 |
16.85 |
|
Sales $ / List $ % |
97.03 |
97.20 |
-0.17 |
Calgary Country Residential
(Acreages):
|
October |
2007 |
2006 |
% |
|
Month End Inventory |
751 |
435 |
72.64 |
|
New Listings Added |
186 |
152 |
22.37 |
|
Sales |
70 |
55 |
27.27 |
|
Average Sale Price |
884,703 |
701,748 |
26.07 |
|
Median Price |
750,000 |
720,000 |
4.17 |
|
Sales $ / List $ % |
94.24 |
93.44 |
0.85 |
Calgary Rural Land:
|
October |
2007 |
2006 |
% |
|
Month End Inventory |
411 |
262 |
56.87 |
|
New Listings Added |
82 |
85 |
-3.53 |
|
Sales |
21 |
22 |
-4.55 |
|
Average Sale Price |
717,305 |
543,589 |
31.96 |
|
Median Price |
500,000 |
303,000 |
65.02 |
|
Sales $ / List $ % |
98.47 |
94.60 |
4.09 |
Total Calgary MLS*:
|
October |
2007 |
2006 |
% |
|
Month End Inventory |
11,188 |
7,238 |
54.57 |
|
New Listings Added |
4,913 |
4,493 |
9.35 |
|
Sales |
2,042 |
2,193 |
-6.89 |
|
Average Sale Price |
430,828 |
384,163 |
12.15 |
|
Median Price |
380,500 |
335,000 |
13.58 |
|
Sales $ / List $ % |
96.74 |
96.95 |
-0.22 |
* Total MLS includes Mobile
Listings
Calgary, Alberta, Canada -
October
2007
| Return To Calgary Real Estate Market News
Main Page |
The Information Provided
on this Web Site is Believed Reliable But Not Guaranteed.
The Real Estate Company Ltd, Jim English, nor their Service
Providers are Liable
for Any Errors or Inaccuracies Contained or Provided Through this Web
Site.
Interested Parties are Encouraged to Seek Independent
Verification of the Information Presented. |
