403-990-7990

 
 

 

 

Real Estate

NEWSLETTER

 

Peter Kusch

Tel.:990-7990

 

 May 2018


 

 

CALGARY REAL ESTATE NUMBERS

  • Total residential MLS sales in Calgary year to date were 20.5 per cent lower in comparison to 2017.
  • New listings in Calgary year to date were up 4.6 per cent higher than in 2017.
  • Sales to new listings ratio in April 2018 was 45.2 per cent versus 64.1 per cent in April last year.
  • It took 47 days on average to sell a property in April 2017 as oppose to 39 days in April 2016.
  • 7,324 – Active listings in the city last month, almost 33% higher than last year.
  • Sale to list price in April 2017 was 97.3 per cent – slightly lower than 97.6 per cent achieved in April 2016.
  • Months of supply in April: Detached – 4; Attached – 5.3; Apartments – 7.1.
  • The total sales in April 2018 were 25 per cent below 10-year average of 2,018.
  • 34 per cent of all listings in Calgary are vacant properties.

 

 Average days on the market (Calgary Metro)

 

 

Average days on the market in 

April 2018

Average days on the market in  

April 2017

 

Detached  

 

41

32

 

Attached

 

53

52

 

Apartments

 

59 49

 

 Attached category includes condominium townhouses and duplexes.

  

Median price (Calgary Metro)

 

 

Median price in  

April 2018

Median price in  

​April 2017

Percentage change

 

Detached

 

  $495,000

$502,250

-1.4%

 

Attached

 

$350,000

$365,500

-4.2%

 

Apartments

 

$255,000

$267,000

-4.5%

 

The median price is where half sell for more and half for less.

 

Months of supply (Calgary Metro)

 

January 2014 1.57
February 2014 1.47
March 2014 1.26
April 2014 1.55
May 2014 1.57
June 2014 1.82
July 2014 2.05
August 2014 2.07
September 2014 2.13
October 2014 1.97
November 2014 2.16
December 2014 2.99
January 2015 5.31
February 2015 4.57
March 2015 3.19
April 2015 2.85
May 2015 2.44
June 2015 2.32
July 2015 2.53
August 2015 3.16
September 2015 3.85
October 2015 3.93
November 2015 4.21
December 2015 4.94
January 2016 6.57
February 2016 5.04
March 2016 3.83
April 2016 3.54
May 2016 3.20
June 2016 2.95
July 2016 3.26
August 2016 3.61
September 2016 3.97
October 2016 3.30
November 2016 4.06
December 2016 4.04
January 2017 4.36
February 2017 3.35
March 2017 2.71
April 2017 2.90
May 2017 2.95
June 2017 3.12
July 2017 4.12
August 2017 4.15
September 2017 4.71
October 2017 4.41
November 2017 4.03
December 2017 4.29
January 2018 4.83
February 2018 4.73
March 2018 4.64
April 2018 4.82

 

 

 Source: Calgary Real Estate Board

Calgary Metro-within Calgary City Limits