Calgary Real Estate Reports by Paul Brinton

Calgary Real Estate Monthly Update

After seeing needed recovery early in 2014, sales soften to end the year

As I look at the 2014 statistics, and absorb press releases and news predictions for our 2015 market, I get excited. Although lower oil and gas prices may affect the upper end market, increased listing inventory and stable prices will give buyers a chance to get into the single-family market, as opposed to townhouses or apartments. This could create increased activity in entry level properties, possibly activity in the first quarter of 2015. If you are considering a purchase, sale, or both, I would be happy to create a plan, or if you would like to discuss Real Estate, please call, I am always happy to share my thoughts on the market.

Single family	2008	2009	2010	2011	2012	2013	2014
Sales	13,455	14,440	12,095	13,186	15,109	16,293	17,185
Inventory	3,860	2,054	2,712	2,761	1,859	1,515	1,985
New listings	31,259	22,459	25,709	24,245	22,396	22,569	24,093
Average sale price	$ 460,327	$ 442,327	$ 461,144	$ 466,402	$ 481,236	$ 517,887	$ 553,147
Average days	47	45	43	46	42	36	31
Townhouses	2008	2009	2010	2011	2012	2013	2014
Sales	2,477	2,629	2,182	2,237	2,597	3,176	3,373
Inventory	742	410	577	479	310	242	434
New listings	5,526	4,004	4,473	4,031	3,740	3,999	4,939
Average sale price	$ 319,891	$ 305,172	$ 316,308	$ 309,190	$ 316,801	$ 341,116	$ 362,571
Average days	47	48	45	53	48	38	31
Apartments	2008	2009	2010	2011	2012	2013	2014
Sales	3,184	3,691	2,993	3,139	3,501	4,007	4,742
Inventory	1,120	788	923	805	553	479	823
New listings	8,623	$ 6,315	6,949	5,982	5,711	5,594	7,297
Average sale price	$ 288,810	$ 267,818	$ 270,744	$ 271,538	$ 284,702	$ 299,536	$ 324,122
Average days	52	52	50	54	54	43	37

Provided by Paul Brinton, RE/MAX Real Estate (Central) – 403-968-7285

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Calgary Real Estate Reports by Paul Brinton

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Paul Brinton and RE/MAX Real Estate (Central) recognize that individuals with whom they conduct business value their privacy. However, in order to conduct global business in this increasingly electronic economy, the collection of personal information is often necessary and desirable.

Disclaimer

The information contained herein, while believed to be accurate, is not warranted to be so. It is up to the individual to verify any details that are of importance to them.

We provide links to other sites as a service only and we take no responsibility for the content of these other sites nor do we take responsibility for the Privacy Policies for other sites or how your Personally Identifiable Information is used by those sites or any of their Third Party partners.