|
Single Family (Calgary Metro) |
November 2009 |
November 2008 |
Month Change |
| Month End Inventory |
2658 |
5083 |
-47.71% |
| New Listings Added |
1365 |
1567 |
-12.89% |
| Sales |
1095 |
670 |
63.43% |
| Ave Sale Price |
464,444 |
435,471 |
6.65% |
| Median Price |
408,000 |
387,300 |
5.34% |
|
Condominium (Calgary Metro) |
November 2009 |
November 2008 |
Month Change |
| Month End Inventory |
1434 |
2399 |
-40.23% |
| New Listings Added |
705 |
741 |
-4.86% |
| Sales |
504 |
284 |
77.46% |
| Ave Sale Price |
294,264 |
285,820 |
2.95% |
| Median Price |
264,900 |
251,800 |
5.20% |
|
Aspen Woods Calgary |
November 2009 Single Family |
November 2008 Single Family |
Month Change Single Family |
November 2009 Condominiums |
November 2008 Condominiums |
Month Change Condominiums |
| Month End Inventory |
49 |
80 |
-38.75% |
14 |
23 |
-39.13% |
| New Listings Added |
16 |
20 |
-20% |
2 |
14 |
-85.71% |
| Sales |
11 |
3 |
72.73% |
0 |
0 |
0 |
| Ave Sale Price |
975,987 |
1,819,000 |
-46.35% |
0 |
0 |
0 |
| Median Price |
662,500 |
625,000 |
5.66% |
0 |
0 |
0 |
|
Cougar Ridge Calgary |
November 2009 Single Family |
November 2008 Single Family |
Month Change Single Family |
November 2009 Condominiums |
November 2008 Condominiums |
Month Change Condominiums |
| Month End Inventory |
13 |
38 |
-65.78% |
5 |
8 |
-37.5% |
| New Listings Added |
9 |
14 |
-35.71% |
2 |
2 |
0 |
| Sales |
13 |
7 |
53.85% |
0 |
0 |
0 |
| Ave Sale Price |
512,223 |
583,428 |
-12.2% |
0 |
0 |
0 |
| Median Price |
485,000 |
527,500 |
-8.06% |
0 |
0 |
0 |
|
Springbank Hill Calgary |
November 2009 Single Family |
November 2008 Single Family |
Month Change Single Family |
November 2009 Condominiums |
November 2008 Condominiums |
Month Change Condominiums |
| Month End Inventory |
58 |
95 |
-38.95% |
15 |
18 |
-16.67% |
| New Listings Added |
18 |
20 |
-10.0% |
7 |
5 |
28.57% |
| Sales |
8 |
3 |
38.5% |
6 |
0 |
600.0% |
| Ave Sale Price |
570,437 |
560,333 |
1.77% |
421,166 |
0 |
|
| Median Price |
525,000 |
550,000 |
-4.55% |
279,000 |
0 |
|
|
West Springs Calgary |
November 2009 Single Family |
November 2008 Single Family |
Month Change Single Family |
November 2009 Condominiums |
November 2008 Condominiums |
Month Change Condominiums |
| Month End Inventory |
29 |
53 |
-45.28% |
4 |
10 |
-60.0% |
| New Listings Added |
11 |
15 |
-26.67% |
4 |
5 |
-20.0% |
| Sales |
11 |
8 |
27.27% |
0 |
2 |
-200% |
| Ave Sale Price |
524,536 |
606,125 |
-13.46% |
0 |
362,500 |
|
| Median Price |
499,900 |
490,000 |
1.98% |
0 |
345,000 |
|
|
Strathcona Park Calgary |
November 2009 Single Family |
November 2008 Single Family |
Month Change Single Family |
November 2009 Condominiums |
November 2008 Condominiums |
Month Change Condominiums |
| Month End Inventory |
12 |
33 |
-63.64% |
2 |
5 |
-60.0% |
| New Listings Added |
7 |
14 |
-50.0% |
0 |
2 |
-200% |
| Sales |
6 |
4 |
33.33% |
3 |
0 |
300% |
| Ave Sale Price |
504,166 |
505,600 |
-0.28% |
334,166 |
0 |
|
| Median Price |
550,000 |
365,000 |
33.64% |
335,000 |
0 |
|
|
Connaught Calgary |
November 2009 Single Family |
November 2008 Single Family |
Month Change Single Family |
November 2009 Condominiums |
November 2008 Condominiums |
Month Change Condominiums |
| Month End Inventory |
3 |
3 |
0% |
99 |
188 |
-47.34% |
| New Listings Added |
0 |
0 |
0 |
48 |
70 |
-31.43% |
| Sales |
0 |
0 |
0 |
54 |
12 |
77.78% |
| Ave Sale Price |
0 |
0 |
0 |
324,534 |
287,900 |
11.29% |
| Median Price |
0 |
0 |
0 |
285,000 |
255,000 |
10.53% |
|
Hillhurst Calgary |
November 2009 Single Family |
November 2008 Single Family |
Month Change Single Family |
November 2009 Condominiums |
November 2008 Condominiums |
Month Change Condominiums |
| Month End Inventory |
15 |
25 |
-40.05 |
13 |
22 |
-40.91% |
| New Listings Added |
3 |
5 |
-40.0% |
4 |
3 |
25.0% |
| Sales |
3 |
3 |
0 |
6 |
0 |
600% |
| Ave Sale Price |
720,833 |
1,000,000 |
-27.92% |
265,666 |
0 |
|
| Median Price |
775,000 |
680,000 |
12.26% |
220,000 |
0 |
|
|
Sunnyside Calgary |
November 2009 Single Family |
November 2008 Single Family |
Month Change Single Family |
November 2009 Condominiums |
November 2008 Condominiums |
Month Change Condominiums |
| Month End Inventory |
11 |
7 |
36.36% |
17 |
24 |
-29.17% |
| New Listings Added |
6 |
2 |
60.0% |
4 |
7 |
-42.86% |
| Sales |
4 |
0 |
400% |
3 |
0 |
300% |
| Ave Sale Price |
590,625 |
0 |
|
311,333 |
0 |
|
| Median Price |
455,000 |
0 |
|
300,000 |
0 |
|
|
Point McKay Calgary |
November 2009 Condominiums |
November 2008 Condominiums |
Month Change Condominiums |
| Month End Inventory |
12 |
19 |
-36.84% |
| New Listings Added |
4 |
3 |
25.0% |
| Sales |
1 |
4 |
-75.0% |
| Ave Sale Price |
291,500 |
388,250 |
-24.92% |
| Median Price |
291,500 |
348,000 |
-16.24% |
The Calgary housing market is showing signs of a sustained recovery according to figures released by the Calgary Real Estate Board.
The number of single family homes sold in November 2009 in the city of Calgary were up 63% from the same time a year ago, while condominium sales saw an even steeper increase–up 77% from the same time last year.
“A healthy demand for homes combined with a steadily decreasing inventory is holding prices firm,” says Bonnie Wegerich, president of the Calgary Real Estate Board.
“Clearly low borrowing costs are helping to fuel this recovery,” says Wegerich. “Many buyers want to get in while mortgage rates remain at record lows. Better employment numbers and an improving economic outlook are giving the market an added boost.”