November statistics
Calgary buyers looking for the right price, location and conditions
CALGARY, Dec. 1 /CNW/ - November home sales in the city of Calgary remained steady month-over-month, while year-over-year sales were down, according to figures released today by the Calgary Real Estate Board (CREB®).
The number of single family home sales in the month of November 2010 held firm at 891, compared with October 2010, when sales were 888. The number of condominium sales for the month of November 2010 was 310. This was the same as the 310 condominium transactions recorded in October 2010. The average price of a single family home in the city of Calgary in November 2010 was $455,460, showing a 2 per cent increase from October 2010, when the average price was $444,744, and a 2 per cent decrease from November 2009, when the average price was $464,444. The average price of a condominium in the city of Calgary in November 2010 was $284,667, showing a 1 per cent decrease from October 2010, when the average price was $287,793 and a 3 per cent decrease over last year, when the average price was $294,264.
The median price of a single family home in the city of Calgary for November 2010 was $399,900, showing a 3 per cent increase from October 2010 when the median price was $387,900. This was a 2 per cent decrease from November 2009, when the median price was $408,000. The median price of a condominium in November 2010 was $253,300, showing a 1 per cent decrease from October 2010, when the median price was $255,000, and a 4 per cent decrease from November 2009, when it was $264,900.
Single family listings in the city of Calgary added for the month of November 2010 totaled 1,318, a decrease of 25 per cent from October 2010 when 1,765 new listings were added, and showing a decrease of 3 per cent from November 2009, when 1,365 new listings came into the market. Condominium new listings in the city of Calgary added for November 2010 were 632, down 12 per cent from October 2010, when the MLS® saw 721 condo listings coming to the market. This is a decrease of 10 per cent from November 2009, when new condominium listings added were 705.