Real Estate
NEWSLETTER
Peter Kusch
Tel.:990-7990
August 2018
CALGARY REAL ESTATE NUMBERS
- Sales of 1,547 were down almost 5 per cent from the previous year.
- July sales were almost 18 per cent below long-term averages.
- Inventory of homes for sale at the end of July was up 26 per cent to 8,450.
- It took 52 days on average to sell a property in July 2017 as oppose to 43 days in July 2017.
- Sale to list price in July 2017 was 96.7 per cent – lower than 97.5 per cent achieved in July 2017.
- Months of supply in July: Detached – 4.7; Attached – 6.5; Apartments – 7.
- 35 per cent of all listings in Calgary are vacant properties.
- 971 listings expired (didn't sell) in July 2018.
Average days on the market (Calgary Metro)
|
|
Average days on the market in
July 2018
|
Average days on the market in
July 2017
|
|
Detached
|
49
|
38
|
|
Attached
|
54
|
47
|
|
Apartments
|
62 |
59 |
Attached category includes condominium townhouses and duplexes.
Median price (Calgary Metro)
|
|
Median price in
July 2018
|
Median price in
July 2017
|
Percentage change
|
|
Detached
|
$485,000
|
$495,000
|
-2%
|
|
Attached
|
$335,000
|
$342,250
|
-2.1%
|
|
Apartments
|
$245,000
|
$257,750
|
-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 |
| May 2018 |
4.91 |
| June 2018 |
4.65 |
| July 2018 |
5.46 |
Source: Calgary Real Estate Board
Calgary Metro-within Calgary City Limits
|