Calgary Real Estate Board Stats for the Month of March, 2010 Calgary Real Estate Stats - Updated Daily: March 26, 2010: SINGLE FAMILY HOMES | | March 22, 2010 | March 23, 2010 | March 24, 2010 | March 25, 2010 | March 26, 2010 | New Calgary Listings Last 24 hrs: | 48 | 41 | 84 | 100 | 95 | Active Listings
(Current Calgary Homes For Sale): | 3,894 | 3,889 | 3,915 | 3,955 | 4,000 | Calgary Homes Sold, Last 30 Days: | 1,219 | 1,256 | 1,288 | 1,298 | 1,317 | Average Sale Price, Last 30 Days: | $466,983 | $465,013 | $466,009 | $465,921 | $467,548 | Median Sale Price, Last 30 Days: | $419,900 | $419,000 | $420,000 | $420,000 | $420,000 | | Absorption Rate / Inventory Turnover: | 3.19 | 3.10 | 3.04 | 3.05 | 3.04 |
March 26, 2010: CONDOMINIUMS | | March 22, 2010 | March 23, 2010 | March 24, 2010 | March 25, 2010 | March 26, 2010 | New Calgary Listings Last 24 hrs: | 24 | 27 | 44 | 43 | 46 | Active Listings
(Current Calgary Homes For Sale): | 2,081 | 2,092 | 2,113 | 2,120 | 2,142 | Calgary Homes Sold, Last 30 Days: | 538 | 547 | 560 | 568 | 569 | Average Sale Price, Last 30 Days: | $298,718 | $298,641 | $299,698 | $301,910 | $300,539 | Median Sale Price, Last 30 Days: | $275,000 | $275,000 | $276,000 | $279,000 | $278,000 | | Absorption Rate / Inventory Turnover: | 3.87 | 3.82 | 3.77 | 3.73 | 3.76 |
Last Updated: 2010/03/26 12:01am MNT By CREB.com
March 19, 2010: SINGLE FAMILY HOMES | | March 15, 2010 | March 16, 2010 | March 17, 2010 | March 18, 2010 | March 19, 2010 | New Calgary Listings Last 24 hrs: | 57 | 43 | 115 | 126 | 138 | Active Listings
(Current Calgary Homes For Sale): | 3,655 | 3,670 | 3,710 | 3,778 | 3,815 | Calgary Homes Sold, Last 30 Days: | 1,138 | 1,154 | 1,181 | 1,212 | 1,228 | Average Sale Price, Last 30 Days: | $460,519 | $462,890 | $462,010 | $463,538 | $466,500 | Median Sale Price, Last 30 Days: | $416,000 | $416,000 | $416,000 | $417,000 | $419,900 | | Absorption Rate / Inventory Turnover: | 3.21 | 3.18 | 3.14 | 3.12 | 3.11 |
March 19, 2010: CONDOMINIUMS | | March 15, 2010 | March 16, 2010 | March 17, 2010 | March 18, 2010 | March 19, 2010 | New Calgary Listings Last 24 hrs: | 37 | 25 | 50 | 61 | 44 | Active Listings
(Current Calgary Homes For Sale): | 1,970 | 1,975 | 2,001 | 2,017 | 2,037 | Calgary Homes Sold, Last 30 Days: | 526 | 529 | 542 | 551 | 563 | Average Sale Price, Last 30 Days: | $290,529 | $291,360 | $291,186 | $290,423 | $293,658 | Median Sale Price, Last 30 Days: | $275,000 | $275,000 | $275,000 | $270,000 | $275,000 | | Absorption Rate / Inventory Turnover: | 3.75 | 3.73 | 3.69 | 3.66 | 3.62 |
Last Updated: 2010/03/19 12:01am MNT By CREB.com
Calgary Real Estate Stats - Updated Daily: March 12, 2010: SINGLE FAMILY HOMES | | March 8, 2010 | March 9, 2010 | March 10, 2010 | March 11, 2010 | March 12, 2010 | New Calgary Listings Last 24 hrs: | 68 | 29 | 99 | 97 | 112 | Active Listings
(Current Calgary Homes For Sale): | 3,416 | 3,419 | 3,465 | 3,523 | 3,582 | Calgary Homes Sold, Last 30 Days: | 1,077 | 1,095 | 1,123 | 1,118 | 1,121 | Average Sale Price, Last 30 Days: | $454,481 | $454,525 | $455,696 | $457,600 | $458,167 | Median Sale Price, Last 30 Days: | $413,500 | $412,000 | $412,000 | $412,000 | $413,000 | | Absorption Rate / Inventory Turnover: | 3.17 | 3.12 | 3.09 | 3.15 | 3.20 |
March 12, 2010: CONDOMINIUMS | | March 8, 2010 | March 9, 2010 | March 10, 2010 | March 11, 2010 | March 12, 2010 | New Calgary Listings Last 24 hrs: | 24 | 17 | 45 | 50 | 47 | Active Listings
(Current Calgary Homes For Sale): | 1,860 | 1,862 | 1,865 | 1,882 | 1,910 | Calgary Homes Sold, Last 30 Days: | 534 | 534 | 554 | 543 | 545 | Average Sale Price, Last 30 Days: | $289,509 | $290,798 | $289,476 | $289,513 | $290,869 | Median Sale Price, Last 30 Days: | $270,000 | $274,000 | $270,000 | $270,000 | $271,000 | | Absorption Rate / Inventory Turnover: | 3.48 | 3.49 | 3.37 | 3.47 | 3.50 |
Last Updated: 2010/03/12 12:01am MNT By CREB.com
The chart above gives a snapshot of the current real estate market. One of the most important rows on this chart is the last one - the Absorption Rate/Inventory Turnover rate. This means the number of months it takes the average home for sale on the Calgary market to sell, if no other homes were added. In a sellers market, absorption rates are typically very low: it takes the market less time to "absorb" the homes for sale. In a buyers market, it is the opposite: homes take longer to sell, meaning that they sit on the market longer, and therefore we have a higher absorption rate, the market takes longer to absorb all the properties that are available for sale. If you have any questions about these statistics, or how they are calculated, please do not hesitate to contact us. *N/A indicates Stats are temporarily unavailable frokm CREB as they prepare the month-end statistics package, or Holiday. ** Calgary Real Estate Stats - Updated Daily: March 5, 2010: SINGLE FAMILY HOMES | | March 1, 2010 | March 2, 2010 | March 3, 2010 | March 4, 2010 | March 5, 2010 | New Calgary Listings Last 24 hrs: | N/A | 18 | 126 | 111 | 106 | Active Listings
(Current Calgary Homes For Sale): | N/A | 3,155 | 3,195 | 3,240 | 3,313 | Calgary Homes Sold, Last 30 Days: | N/A | 1,114 | 1,114 | 1,113 | 1,120 | Average Sale Price, Last 30 Days: | N/A | $460,369 | $460,239 | $458,331 | $459,965 | Median Sale Price, Last 30 Days: | N/A | $411,000 | $411,000 | $413,500 | $413,500 | | Absorption Rate / Inventory Turnover: | N/A | 2.83 | 2.87 | 2.91 | 2.96 |
March 5, 2010: CONDOMINIUMS | | March 1, 2010 | March 2, 2010 | March 3, 2010 | March 4, 2010 | March 5, 2010 | New Calgary Listings Last 24 hrs: | N/A | 18 | 69 | 52 | 45 | Active Listings
(Current Calgary Homes For Sale): | N/A | 1,768 | 1,790 | 1,802 | 1,825 | Calgary Homes Sold, Last 30 Days: | N/A | 562 | 574 | 573 | 561 | Average Sale Price, Last 30 Days: | N/A | $283,542 | $283,055 | $284,344 | $286,043 | Median Sale Price, Last 30 Days: | N/A | $266,000 | $265,500 | $267,000 | $267,500 | | Absorption Rate / Inventory Turnover: | N/A | 3.15 | 3.12 | 3.14 | 3.25 |
Last Updated: 2010/03/05 12:01am MNT By CREB.com
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