Calgary Real Estate Stats - June 14/07 Update

Posted Jun 15, 2007 @ 5:08 pm, Viewed by 1291 Visitors, Read 1304 Times.
Calgary Real Estate

 

 Your weekly update of Calgary House Prices

Calgary Real Estate Stats: June 01 - 12/07

Discussion: The average Calgary house price was $493,616 last week, setting another new record, while the average price of a Calgary condo was $330,334, a slight drop from the previous week. New Calgary listings continue to outpace sales by almost a 2:1 margin.

CREB *Calgary Real Estate Board* has revised the format of the weekly sales stats to better reflect the market within the Calgary city limits. The new "Calgary Metro" stats don't include acreages and properties listed from smaller towns outside of the Calgary metro area.

Calgary Real Estate Stats

Calgary Metro - Single Family 2007 2006
Average Selling Price $493,616 $432,487
Median Selling Price $438,000 $395,000
New Listings 1,409 1,101
Sales 715 789
Sales to New Listing Ratio 51% 72%
Sales to Active Listing Ratio 17%  N/A
# of Active SF listings (Inventory) 4,095  N/A
     
Calgary Metro - Condominium    
Average Selling Price $330,334 $286,876
Median Selling Price $310,800 $255,000
New Listings 533 434
Sales 301 370
Sales to New Listing Ratio 56% 76%
Sales to Active Listing Ratio 23%  N/A
# of Active condo listings (Inventory) 1,453  N/A
     
Towns (outside of Calgary)    
Average Selling Price $368,520 $320,767
Median Selling Price $344,000 $295,100
New Listings 404 257
Sales 180 195
Sales to New Listing Ratio 45% 76%
Sales to Active Listing Ratio 12%  N/A
# of Active Listings (Inventory) 1,453

 N/A

     

Country Residential - Acreages

   
Average Selling Price $902,391 $745,437
Median Selling Price $797,000 $580,000
New Listings 115 78
Sales 33 47
Sales to New Listing Ratio 29% 60%
Sales to Active Listing Ratio 5%  N/A
# of Active Listings (Inventory) 603  N/A
     
Total MLS    
Average Selling Price $444,749 $388,584
Median Selling Price $390,000 $342,200
New Listings 2,564 1,916
Sales 1,255 1,428
Sales to New Listing Ratio 49% 75%
Sales to Active Listing Ratio 16%  N/A
# of Active Listings (Inventory) 7,864  N/A

 

Visit the most comprehensive source for Calgary Real Estate and view all Calgary Area Listings.

 *Stats are provided by the Calgary Real Estate Board, and are deemed reliable but not guaranteed

  • Rate this Post!
  • Print

This Post Has No Comments.

REW Blogs User Stats
Currently Online Users: 0
Total Users: 2,389
Entries: 7,601
Unique Views: 6,438,826
Total Views: 6,776,236
Total Comments: 9,371
Total REW Points: 510
Calgary Agent

Calgary Agent Jim Sparrow is a consistent top-producing Calgary REALTORŪ with Keller Williams Platinum Realty specializing in South Calgary estate and luxury homes.Visit our website at Calgary Real Estate or contact me directly at 403.703.2404 Blog Information Profile for CalgaryRealtor Read More

Related Posts
This User's Stats
Blog Entries: 55
Average Blog Rating: 5
Unique Views: 84,739
Total Views: 88,501
Comments Posted: 59
Comments Received: 113
REW Points: 0
Friends
  • Eric Blackwell
  • Eric Bramlett
  • Morgan Carey
  • OCTeam
  • thataway61
Listed In