Real Estate
NEWSLETTER
Peter Kusch
Tel.:990-7990
January 2019
CALGARY REAL ESTATE NUMBERS
- MLS sales of 794 were down 21.31 per cent from December 2017;
- Dollar volume of sales fell by 22.40 per cent year-over-year to $354.9 million;
- New listings were down 14.25 per cent to 1,047;
- Inventory of homes for sale at the end of the month rose by 13.47 per cent to 4,904;
- Months of supply that it would take to sell all homes listed for sale given the current demand was up a whopping 44.19 per cent to 6.18 months;
- The benchmark price – which is described as a typical home in the market – dropped by 3.42 per cent to $418,500;
- The median price was down 2.44 per cent to $400,000; and
- The average sale price decreased by 1.38 per cent to $446,963.
Average days on the market (Calgary Metro)
|
|
Average days on the market in
December 2018
|
Average days on the market in
December 2017
|
|
Detached
|
66
|
52
|
|
Attached
|
74
|
59
|
|
Apartments
|
74 |
81 |
Attached category includes condominium townhouses and duplexes.
Median price (Calgary Metro)
|
|
Median price in
December 2018
|
Median price in
December 2017
|
Percentage change
|
|
Detached
|
$450,000
|
$462,000
|
-2.6%
|
|
Attached
|
$327,450
|
$329,900
|
-0.7%
|
|
Apartments
|
$240,000
|
$250,000
|
-4.0%
|
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 |
| August 2018 |
5.47 |
| September 2018 |
6.28 |
| October 2018 |
5.56 |
| November 2018 |
5.55 |
| December 2018 |
6.18 |
Source: Calgary Real Estate Board
Calgary Metro-within Calgary City Limits
|