CREB Monthly Statistics Package For January 2010 January 2010 Absorption Rate. 
January 2010 Absorption Rate. Calgary Real Estate Stats - Updated Daily: January 1, 2010: SINGLE FAMILY HOMES | | December 28, 2009 | December 29, 2009 | December 30, 2009 | December 31, 2009 | January 1, 2010 | New Calgary Listings Last 24 hrs: | N/A | 7 | N/A | N/A | N/A | Active Listings
(Current Calgary Homes For Sale): | N/A | 2,299 | N/A | N/A | N/A | Calgary Homes Sold, Last 30 Days: | N/A | 781 | N/A | N/A | N/A | Average Sale Price, Last 30 Days: | N/A | $452,129 | N/A | N/A | N/A | Median Sale Price, Last 30 Days: | N/A | $403,000 | N/A | N/A | N/A | | Absorption Rate / Inventory Turnover: | N/A | 2.94 | N/A | N/A | N/A |
January 1, 2010: CONDOMINIUMS | | December 28, 2009 | December 29, 2009 | December 30, 2009 | December 31, 2009 | January 1, 2010 | New Calgary Listings Last 24 hrs: | N/A | 2 | N/A | N/A | N/A | Active Listings
(Current Calgary Homes For Sale): | N/A | 1,321 | N/A | N/A | N/A | Calgary Homes Sold, Last 30 Days: | N/A | 348 | N/A | N/A | N/A | Average Sale Price, Last 30 Days: | N/A | $289,867 | N/A | N/A | N/A | Median Sale Price, Last 30 Days: | N/A | $265,000 | N/A | N/A | N/A | | Absorption Rate / Inventory Turnover: | N/A | 3.80 | N/A | N/A | N/A |
Last Updated: 2010/01/01 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. ** January 8, 2010: SINGLE FAMILY HOMES | | January 4, 2010 | January 5, 2010 | January 6, 2010 | January 7, 2010 | January 8, 2010 | New Calgary Listings Last 24 hrs: | 22 | 18 | 62 | 63 | 55 | Active Listings
(Current Calgary Homes For Sale): | 2,062 | 2,080 | 2,108 | 2,111 | 2,148 | Calgary Homes Sold, Last 30 Days: | 681 | 679 | 681 | 672 | 654 | Average Sale Price, Last 30 Days: | $452,524 | $454,078 | $457,223 | $452,624 | $450,475 | Median Sale Price, Last 30 Days: | $403,000 | $404,000 | $406,000 | $400,000 | $399,900 | | Absorption Rate / Inventory Turnover: | 3.03 | 3.06 | 3.10 | 3.14 | 3.28 |
January 8, 2010: CONDOMINIUMS | | January 4, 2010 | January 5, 2010 | January 6, 2010 | January 7, 2010 | January 8, 2010 | New Calgary Listings Last 24 hrs: | 9 | 7 | 29 | 32 | 32 | Active Listings
(Current Calgary Homes For Sale): | 1,197 | 1,206 | 1,217 | 1,237 | 1,238 | Calgary Homes Sold, Last 30 Days: | 275 | 278 | 281 | 265 | 258 | Average Sale Price, Last 30 Days: | $291,633 | $291,418 | $289,005 | $289,107 | $289,749 | Median Sale Price, Last 30 Days: | $265,900 | $265,000 | $265,000 | $265,900 | $267,450 | | Absorption Rate / Inventory Turnover: | 4.35 | 4.34 | 4.33 | 4.67 | 4.80 |
Last Updated: 2010/01/08 12:01am MNT By CREB.com
Calgary Real Estate Stats - Updated Daily: January 15, 2010: SINGLE FAMILY HOMES | | January 11, 2010 | January 12, 2010 | January 13, 2010 | January 14, 2010 | January 15, 2010 | New Calgary Listings Last 24 hrs: | 32 | 26 | 86 | 77 | 60 | Active Listings
(Current Calgary Homes For Sale): | 2,199 | 2,221 | 2,250 | 2,273 | 2,296 | Calgary Homes Sold, Last 30 Days: | 624 | 622 | 646 | 631 | 621 | Average Sale Price, Last 30 Days: | $447,387 | $445,610 | $443,876 | $443,400 | $444,438 | Median Sale Price, Last 30 Days: | $398,800 | $399,745 | $398,000 | $398,000 | $398,000 | | Absorption Rate / Inventory Turnover: | 3.52 | 3.57 | 3.48 | 3.60 | 3.70 |
January 15, 2010: CONDOMINIUMS | | January 11, 2010 | January 12, 2010 | January 13, 2010 | January 14, 2010 | January 15, 2010 | New Calgary Listings Last 24 hrs: | 15 | 13 | 45 | 36 | 42 | Active Listings
(Current Calgary Homes For Sale): | 1,260 | 1,265 | 1,279 | 1,290 | 1,310 | Calgary Homes Sold, Last 30 Days: | 236 | 241 | 247 | 245 | 252 | Average Sale Price, Last 30 Days: | $293,738 | $294,441 | $293,448 | $290,225 | $289,372 | Median Sale Price, Last 30 Days: | $268,000 | $264,000 | $264,000 | $261,000 | $260,000 | | Absorption Rate / Inventory Turnover: | 5.34 | 5.25 | 5.18 | 5.27 | 5.20 |
Last Updated: 2010/01/15 12:01am MNT By CREB.com
Calgary Real Estate Stats - Updated Daily: January 22, 2010: SINGLE FAMILY HOMES | | January 18, 2010 | January 19, 2010 | January 20, 2010 | January 21, 2010 | January 22, 2010 | New Calgary Listings Last 24 hrs: | 50 | - | 78 | 83 | 57 | Active Listings
(Current Calgary Homes For Sale): | 2,358 | - | 2,411 | 2,435 | 2,448 | Calgary Homes Sold, Last 30 Days: | 576 | - | 614 | 604 | 607 | Average Sale Price, Last 30 Days: | $442,713 | - | $441,222 | $438,598 | $434,933 | Median Sale Price, Last 30 Days: | $399,900 | - | $399,900 | $399,900 | $395,000 | | Absorption Rate / Inventory Turnover: | 4.09 | - | 3.93 | 4.03 | 4.03 |
January 22, 2010: CONDOMINIUMS | | January 18, 2010 | January 19, 2010 | January 20, 2010 | January 21, 2010 | January 22, 2010 | New Calgary Listings Last 24 hrs: | 15 | - | 43 | 54 | 32 | Active Listings
(Current Calgary Homes For Sale): | 1,314 | - | 1,346 | 1,351 | 1,368 | Calgary Homes Sold, Last 30 Days: | 260 | - | 270 | 284 | 287 | Average Sale Price, Last 30 Days: | $284,424 | - | $284,869 | $282,119 | $275,583 | Median Sale Price, Last 30 Days: | $255,000 | - | $256,000 | $265,000 | $255,888 | | Absorption Rate / Inventory Turnover: | 5.04 | - | 5.0 | 4.76 | 4.77 |
Last Updated: 2010/01/22 12:01am MNT By CREB.com
Calgary Real Estate Stats - Updated Daily: January 29, 2010: SINGLE FAMILY HOMES | | January 25, 2010 | January 26, 2010 | January 27, 2010 | January 28, 2010 | January 29, 2010 | New Calgary Listings Last 24 hrs: | 29 | 25 | 72 | 62 | 61 | Active Listings
(Current Calgary Homes For Sale): | 2,473 | 2,464 | 2,478 | 2,493 | 2,538 | Calgary Homes Sold, Last 30 Days: | 603 | 633 | 657 | 684 | 693 | Average Sale Price, Last 30 Days: | $439,061 | $442,458 | $443,953 | $444,260 | $443,046 | Median Sale Price, Last 30 Days: | $397,000 | $398,000 | $399,900 | $400,400 | $400,400 | | Absorption Rate / Inventory Turnover: | 4.10 | 3.89 | 3.77 | 3.64 | 3.66 |
January 29, 2010: CONDOMINIUMS | | January 25, 2010 | January 26, 2010 | January 27, 2010 | January 28, 2010 | January 29, 2010 | New Calgary Listings Last 24 hrs: | 21 | 11 | 45 | 42 | 36 | Active Listings
(Current Calgary Homes For Sale): | 1,387 | 1,387 | 1,402 | 1,410 | 1,414 | Calgary Homes Sold, Last 30 Days: | 307 | 320 | 331 | 343 | 346 | Average Sale Price, Last 30 Days: | $277,764 | $287,387 | $278,715 | $281,824 | $281,247 | Median Sale Price, Last 30 Days: | $259,000 | $257,000 | $260,000 | $263,000 | $261,000 | | Absorption Rate / Inventory Turnover: | 4.52 | 4.33 | 4.24 | 4.11 | 4.09 |
Last Updated: 2010/01/29 12:01am MNT By CREB.com
|