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