Calgary Real Estate Monthly Update
Without positive change, nothing special is likely to happen
Calgary Real Estate Update
We all have opinions about Real Estate, but serious buyers and sellers look to market statistics and discuss them with a Real Estate professional before making decisions. Since 2005 we’ve seen some significant ups and downs as shown below. If you’re considering a move now, or sometime in the future I’d be happy to provide you with monthly information on your community or communities of interest. In today’s economy and Real Estate market, planning is essential. It’s never too early to start doing research. Home ownership is too important to put on hold.
| Detached | 2005 | 2007 | 2009 | 2014 | 2018 | 2019 |
| Sales | 17,070 | 16,489 | 10,843 | 15,104 | 9,944 | 9,913 |
| New listings | 21,066 | 28,532 | 22,910 | 21,078 | 19,806 | 17,368 |
| Benchmark price | $ 262,992 | $ 453,467 | $ 423,417 | $ 513,942 | $ 501,450 | $ 484,808 |
| Attached | 2005 | 2007 | 2009 | 2014 | 2018 | 2019 |
| Sales | 5,183 | 5,253 | 3,927 | 5,653 | 3,537 | 3,780 |
| New listings | 6,173 | 8,038 | 6,132 | 7,729 | 8,105 | 7,486 |
| Benchmark price | $ 179,400 | $ 392,292 | $ 288,475 | $ 342,983 | $ 327,517 | $ 314,850 |
| Row | 2005 | 2007 | 2009 | 2014 | 2018 | 2019 |
| Sales | 3,381 | 3,346 | 2,451 | 3,409 | 1,962 | 2,109 |
| New listings | 3,830 | 5,009 | 3,729 | 4,436 | 4,523 | 4,255 |
| Benchmark price | $ 168,306 | $ 315,075 | $ 272,133 | $ 319,458 | $ 297,017 | $ 285,158 |
| Apartments | 2005 | 2007 | 2009 | 2014 | 2018 | 2019 |
| Sales | 4,371 | 4,702 | 3,727 | 4,796 | 2,661 | 2,672 |
| New listings | 5,480 | 7,771 | 6,379 | 7,372 | 6,691 | 6,080 |
| Benchmark price | $ 152,208 | $ 286,933 | $ 239,600 | $ 292,108 | $ 255,733 | $ 249,775 |
| Total residential | 2005 | 2007 | 2009 | 2014 | 2018 | 2019 |
| Sales | 26,624 | 26,444 | 20,582 | 25,553 | 16,142 | 16,365 |
| New listings | 32,719 | 44,341 | 32,415 | 36,179 | 34,602 | 30,934 |
| Benchmark price | $ 235,142 | $ 416,008 | $ 366,508 | $ 457,175 | $ 437,483 | $ 422,650 |
Opportunities continue to exist for first time buyers, and those with stable income or careers looking to upgrade. If you’re considering a move, or have questions about Calgary Real Estate, call for a private consultation?
*The Benchmark Price (MLS® HPI) is a way to measure price changes in the market based on the attributes of a home. Looking at price changes of comparable homes gives you a better sense of real price movements. *
Provided by Paul Brinton, RE/MAX Real Estate (Central) – 403-968-7285 www.paulbrinton.com
Not intended to solicit persons or property currently under contract
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