Calgary Real Estate Stats - Updated Daily: March 25, 2011: SINGLE FAMILY HOMES | | March 21, 2011 | March 22, 2011 | March 23, 2011 | March 24, 2011 | March 25, 2011 | New Calgary Listings Last 24 hrs: | | 33 | 93 | | 87 | Active Listings (Current Calgary Homes For Sale): | | 3,987 | 3,994 | | 4,034 | | Pending Sales | | 350 | 336 | | 311 | Calgary Homes Sold, Last 30 Days: | | 1,296 | 1,338 | | 1,376 | Average Sale Price, Last 30 Days: | | $456,332 | $456,095 | | $458,681 | Median Sale Price, Last 30 Days: | | $394,000 | $393,000 | | $395,000 | | Absorption Rate / Inventory Turnover: | | 3.08 | 2.99 | | 2.93 |
March 25, 2011: CONDOMINIUMS | | March 21, 2011 | March 22, 2011 | March 23, 2011 | March 24, 2011 | March 25, 2011 | New Calgary Listings Last 24 hrs: | | 12 | 25 | | 35 | Active Listings (Current Calgary Homes For Sale): | | 1,916 | 1,927 | | 1,938 | | Pending Sales | | 167 | 173 | | 176 | Calgary Homes Sold, Last 30 Days: | | 558 | 571 | | 573 | Average Sale Price, Last 30 Days: | | $283,107 | $282,825 | | $281,971 | Median Sale Price, Last 30 Days: | | $260,000 | $260,000 | | $257,500 | | Absorption Rate / Inventory Turnover: | | 3.43 | 3.37 | | 3.38 |
Last Updated: 2011/03/25 12:01am MNT By CREB.com
Calgary Real Estate Stats - Updated Daily: March 18, 2011: SINGLE FAMILY HOMES | | March 14, 2011 | March 15, 2011 | March 16, 2011 | March 17, 2011 | March 18, 2011 | New Calgary Listings Last 24 hrs: | 36 | 29 | 95 | | 104 | Active Listings (Current Calgary Homes For Sale): | 3,840 | 3,835 | 3,857 | | 3,933 | | Pending Sales | 372 | 396 | 385 | | 373 | Calgary Homes Sold, Last 30 Days: | 1,224 | 1,247 | 1,291 | | 1,307 | Average Sale Price, Last 30 Days: | $461,121 | $461,054 | $460,314 | | $458,816 | Median Sale Price, Last 30 Days: | $400,000 | $400,000 | $400,000 | | $400,000 | | Absorption Rate / Inventory Turnover: | 3.14 | 3.07 | 2.99 | | 3.01 |
March 18, 2011: CONDOMINIUMS | | March 14, 2011 | March 15, 2011 | March 16, 2011 | March 17, 2011 | March 18, 2011 | New Calgary Listings Last 24 hrs: | 25 | 11 | 35 | | 38 | Active Listings (Current Calgary Homes For Sale): | 1,883 | 1,889 | 1,880 | | 1,906 | | Pending Sales | 190 | 190 | 188 | | 184 | Calgary Homes Sold, Last 30 Days: | 520 | 524 | 543 | | 558 | Average Sale Price, Last 30 Days: | $289,683 | $288,878 | $289,977 | | $284,111 | Median Sale Price, Last 30 Days: | $261,000 | $261,000 | $261,000 | | $258,000 | | Absorption Rate / Inventory Turnover: | 3.62 | 3.60 | 3.46 | | 3.42 |
Last Updated: 2011/03/18 12:01am MNT By CREB.com
Calgary Real Estate Stats - Updated Daily: March 11, 2011: SINGLE FAMILY HOMES | | March 7, 2011 | March 8, 2011 | March 9, 2011 | March 10, 2011 | March 11, 2011 | New Calgary Listings Last 24 hrs: | N/A | N/A | N/A | N/A | 65 | Active Listings (Current Calgary Homes For Sale): | N/A | N/A | N/A | N/A | 3,787 | | Pending Sales | N/A | N/A | N/A | N/A | 389 | Calgary Homes Sold, Last 30 Days: | N/A | N/A | N/A | N/A | 1,278 | Average Sale Price, Last 30 Days: | N/A | N/A | N/A | N/A | $460,634 | Median Sale Price, Last 30 Days: | N/A | N/A | N/A | N/A | $400,000 | | Absorption Rate / Inventory Turnover: | N/A | N/A | N/A | N/A | 2.96 |
March 11, 2011: CONDOMINIUMS | | March 7, 2011 | March 8, 2011 | March 9, 2011 | March 10, 2011 | March 11, 2011 | New Calgary Listings Last 24 hrs: | N/A | N/A | N/A | N/A | 44 | Active Listings (Current Calgary Homes For Sale): | N/A | N/A | N/A | N/A | 1,855 | | Pending Sales | N/A | N/A | N/A | N/A | 204 | Calgary Homes Sold, Last 30 Days: | N/A | N/A | N/A | N/A | 517 | Average Sale Price, Last 30 Days: | N/A | N/A | N/A | N/A | $286,392 | Median Sale Price, Last 30 Days: | N/A | N/A | N/A | N/A | $262,282 | | Absorption Rate / Inventory Turnover: | N/A | N/A | N/A | N/A | 3.59 |
Last Updated: 2011/03/11 12:01am MNT By CREB.com
The charts above give 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 from CREB as they prepare the month-end statistics package, or Holiday. ** |