August 2009 Real Estate Stats – Calgary, Alberta

Single Family Homes
August 2009
July 2009
June 2009
May 2009
Median Price
400,000
390,000
399,000
390,000
Average Sale Price
446,413*
436,782
447,142
436,427
Number of New Listings
1,910
2,089
2,244
2,235
Number of Sales
1,277
1,585
1,837
1,584

* Calgary had a single very high selling home in the month of August (a sale price of almost $10.3 million for a mansion that was looking onto the Elbow River). This one sale actually altered  our monthly average stats by almost $10,000 alone.  If we take into consideration this sale in our average price in August 2009 was actually $454,130.  Amazing that one home could make such a difference.   The above number was quoted with the removal of that one home for a more accurate picture of what our market is doing.

Tags: , , , , ,