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Calgary Real Estate Board -
Calgary MLS September 2007
Calgary, Alberta, Canada - October 15, 2007
Buyers Enjoy Golden
Opportunity
Properties continue to
change hands in Calgary at a respectable rate, despite high
inventory numbers, according to figures
released by the Calgary Real Estate Board.
Single family Calgary
metro sales in September were 1,064 an decrease of
10.81% from the 1,193 sales recorded in September 2006 and a decrease of
19.03% from the 1,314 sales recorded in August 2007.
Single family Calgary
metro new listings added for the month of September totaled 3,106 a
5.15% increase over the 2,954 new listings added in September 2006.
This is a increase of 9.48% over the 2,837 new listings added in
August 2007.
The median price of a
single family Calgary metro home in September 2007 was $420,500 showing
a 9.68% increase over September 2006 when the median price was
$383,388 and
showing a 2.21% decrease from August 2007 when the median price was
$430,000. 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 September were 1,315 showing an
increase of 10.88% from the 1,186 new listings added in August
2007. This is a 16.47% increase from the 1,129 new listings coming
to market in September 2006.
Calgary metro
condominium sales in September 2007 were 483 a decrease of 12.66%
from September 2006 when the sales were recorded as 553 and a
19.23% decrease from the 598 condominium sales recorded in August
2007.
The average price of a
single family Calgary metro home in September 2007 was $470,888
and the average price of a metro condominium was $321,614.
Calgary Single
Family (Calgary Metro):
|
September |
2007 |
2006 |
% |
|
Month End Inventory |
5,562 |
n/a |
n/a |
|
New Listings Added |
3,106 |
2,954 |
5.15 |
|
Sales |
1,064 |
1,193 |
-10.81 |
|
Average Sale Price |
470,888 |
426,622 |
10.38 |
|
Median Price |
420,500 |
383,388 |
9.68 |
|
Sales $ / List $ % |
97.19 |
97.84 |
-0.67 |
Calgary Condominiums (Calgary
Metro):
|
September |
2007 |
2006 |
% |
|
Month End Inventory |
2,235 |
n/a |
n/a |
|
New Listings Added |
1,315 |
1,129 |
16.47 |
|
Sales |
483 |
553 |
-12.66 |
|
Average Sale Price |
321,614 |
292,796 |
9.84 |
|
Median Price |
300,000 |
269,500 |
11.32 |
|
Sales $ / List $ % |
97.41 |
98.12 |
-0.73 |
Calgary Towns (Outside Calgary):
|
September |
2007 |
2006 |
% |
|
Month End Inventory |
1,965 |
n/a |
n/a |
|
New Listings Added |
877 |
682 |
28.59 |
|
Sales |
363 |
405 |
-10.37 |
|
Average Sale Price |
400,938 |
324,215 |
23.66 |
|
Median Price |
370,000 |
302,000 |
22.52 |
|
Sales $ / List $ % |
97.40 |
98.17 |
-0.79 |
Calgary Country Residential
(Acreages):
|
September |
2007 |
2006 |
% |
|
Month End Inventory |
774 |
480 |
61.25 |
|
New Listings Added |
220 |
183 |
20.22 |
|
Sales |
67 |
73 |
-8.22 |
|
Average Sale Price |
809,240 |
596,247 |
35.72 |
|
Median Price |
775,000 |
567,500 |
36.56 |
|
Sales $ / List $ % |
94.43 |
96.54 |
-2.18 |
Calgary Rural Land:
|
September |
2007 |
2006 |
% |
|
Month End Inventory |
412 |
239 |
72.38 |
|
New Listings Added |
91 |
86 |
5.81 |
|
Sales |
28 |
30 |
-6.67 |
|
Average Sale Price |
699,518 |
731,137 |
-4.32 |
|
Median Price |
401,000 |
460,000 |
-12.83 |
|
Sales $ / List $ % |
96.49 |
91.15 |
-5.85 |
Total Calgary MLS*:
|
September |
2007 |
2006 |
% |
|
Month End Inventory |
11,001 |
6,801 |
61.76 |
|
New Listings Added |
5,644 |
5,052 |
11.72 |
|
Sales |
2,030 |
2,273 |
-10.69 |
|
Average Sale Price |
432,233 |
382,268 |
13.07 |
|
Median Price |
384,000 |
335,000 |
14.63 |
|
Sales $ / List $ % |
97.06 |
97.69 |
-0.64 |
* Total MLS includes Mobile
Listings
Calgary, Alberta, Canada -
September
2007
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