october 2011

calgary regional housing market statistics

Calgarys Housing Market Set to Outpace 2010

Several Calgary Communities Get a Boost in Sales and Price

Calgary, November 1, 2011 According to figures released today by CREB
(Calgary Real Estate Board), Calgary residential sales totaled 16,184 after
the first 10 months of the year, an increase of eight per cent over last year.
Over 61 per cent of Calgarys established communities saw increased sales
levels compared to last year. Garrison Woods, Collingwood and Mahogany
saw the largest sales increase at 170 per cent combined; nearly half of all
Calgary communities recorded price increases, with Shaganappi, Chinook
Park and Downtown leading the way with a combined average price
increase of 55 per cent.

A boost in full time jobs throughout the year is gradually translating

into improved sales in the real estate sector, says Sano Stante, president
of CREB. Consumers are taking advantage of price stability and a
healthy variety of selection. While these gains are moderate, we are set
to outpace 2010 sales.
Single family home sales totaled 988 for the month of October 2011,
an 11 per cent increase over October 2010, but continue to remain well
below historical levels. Year-to-date sales totaled 11,503, a 10 per cent
increase over last year.
October listings have edged upwards over last years levels, increasing
by nearly two per cent, but year-to-date there are six per cent less
listings than levels recorded last year.
Consumers are feeling more confident about the local real estate
market, adds Stante.
The average price of single family homes for the month of October 2011
was $455,399, while the median price was $395,000, an increase of two
per cent compared to last year. This is primarily due to the rise in the
number of luxury homes sales. Despite the monthly price increase,
however, year-to-date figures remained stable at levels comparable to
the previous year.
Condominium sales for the first 10 months of the year totaled 4,681,
a three per cent rise over the same period last year. Inventory levels
remained at 1,935 units, resulting in months of supply pushing above
five months.
The condominium market has significantly tightened compared to last
year, however, moving into winter, we expect to see a rise in months of
supply, Stante says.
Condominium year-to-date average and median prices in 2011 were
$288,736 and $262,500, respectively, a slight decline over the first 10
months of 2010. The decline is mostly due to increased sales in units
priced under $200,000.

Top 10 Established Communities

Price Increases
Shaganappi-025
Chinook Park-117
Downtown-001
Elboya-103
Scarboro-011
Lower Mount Royal-010
St Andrews Heights-413
Lakeview Village-033
Windsor Park-107
Rosedale-406
Sale Increases

%Change
139.58%
34.02%
33.63%
32.61%
31.63%
28.00%
23.22%
21.31%
21.14%
21.06%
%Change

220.00%
Collingwood-418
150.00%
Mahogany-375
100.00%
Mayfair-111
100.00%
Roxboro-100
88.89%
Vista Heights-605
85.00%
Hanson Ranch-517
84.00%
Sage Hill-526
79.59%
Shawnee Slopes_Evergreen Est-151
78.57%
North Haven-500
77.78%
Pump Hill-131

Overall, the resale housing market continues to

show signs of improvement and, with no near term
change in interest rates, we can expect the market
will continue to see moderate and stable growth
throughout the rest of the year, Stante concludes.
About CREB
CREB is a professional body of more than 5,100 licensed brokers
and registered associates, representing 241 member offices. CREB
is dedicated to enhancing the value, integrity and expertise of its
REALTOR members. Our REALTORS are committed to a high
standard of professional conduct, ongoing education, and a strict Code
of Ethics and standards of business practice.
For Calgary Metro, CREB statistics include only Zone A, B, C and D
for properties located in Calgary. Furthermore, all historical data has
been adjusted to the most current information.
Any use or reference to CREB data and statistics must acknowledge
CREB as the source. The board does not generate statistics or analysis
of any individual member or companys market share.
Average price information can be useful in establishing trends over
time, but does not indicate actual prices in centres comprised of
widely divergent neighbourhoods, or account for price differentials
between geographical areas. All MLS active listings for Calgary and
area may be found on the boards website at www.creb.com.

CREB - TOTAL MLS

Oct-11

Oct-10

Mth Chg

2011 YTD

2010 YTD

YTD Chg

SINGLE FAMILY (Calgary Metro)

Month End Inventory
New Listings Added
Sales
Avg DOM Sold
Avg DOM Active
Average Sale Price
Median Price
Total Sales
Sales $/List $

4,486
1,797
988
52
58
455,399
395,000
449,933,977
96.66%

4,528
1,762
887
51
59
444,936
389,000
394,657,857
96.24%

-0.93%
1.99%
11.39%
2.21%
-1.69%
2.35%
1.54%
14.01%
0.42%

n/a
22,202
11,503
45
58
466,844
407,000
5,370,110,855
96.96%

n/a
23,639
10,468
41
59
462,987
409,000
4,846,542,913
97.00%

n/a
-6.08%
9.89%
9.76%
-1.69%
0.83%
-0.49%
10.80%
-0.04%

CONDOMINIUM (Calgary Metro)

Month End Inventory
New Listings Added
Sales
Avg DOM Sold
Avg DOM Active
Average Sale Price
Median Price
Total Sales
Sales $/List $

1,935
757
368
57
61
282,903
262,625
104,108,212
96.37%

2,042
723
307
58
63
287,808
256,500
88,356,907
95.94%

-5.24%
4.70%
19.87%
-1.30%
-3.17%
-1.70%
2.39%
17.83%
0.43%

n/a
9,135
4,681
53
61
288,736
262,500
1,351,574,968
96.69%

n/a
10,421
4,548
47
63
290,740
268,000
1,322,286,511
96.74%

n/a
-12.34%
2.92%
12.77%
-3.17%
-0.69%
-2.05%
2.21%
-0.05%

TOWNS (Outside Calgary)

Month End Inventory
New Listings Added
Sales
Avg DOM Sold
Avg DOM Active
Average Sale Price
Median Price
Total Sales
Sales $/List $

2,793
700
298
83
104
363,180
345,000
108,227,582
96.54%

2,361
613
230
83
105
358,839
329,700
82,532,927
96.04%

18.30%
14.19%
29.57%
-0.59%
-0.95%
1.21%
4.64%
31.13%
0.50%

n/a
8,372
3,248
78
104
355,504
334,000
1,154,675,831
96.75%

n/a
7,955
3,116
70
105
362,726
335,000
1,130,254,397
96.72%

n/a
5.24%
4.24%
11.43%
-0.95%
-1.99%
-0.30%
2.16%
0.03%

COUNTRY RESIDENTIAL (Acreages)

Month End Inventory
1,032
New Listings Added
173
Sales
57
Avg DOM Sold
109
Avg DOM Active
119
Average Sale Price
705,666
Median Price
657,500
Total Sales
40,222,957
Sales $/List $
94.30%

949
169
55
101
122
664,229
565,000
36,532,600
94.28%

8.75%
2.37%
3.64%
7.55%
-2.46%
6.24%
16.37%
10.10%
0.02%

n/a
2,414
587
103
119
811,205
745,000
476,177,468
94.08%

n/a
2,216
528
89
122
824,540
733,000
435,356,874
94.12%

n/a
8.94%
11.17%
15.73%
-2.46%
-1.62%
1.64%
9.38%
-0.05%

RURAL LAND
Month End Inventory
New Listings Added
Sales
Avg DOM Sold
Avg DOM Active
Average Sale Price
Median Price
Total Sales
Sales $/List $

642
76
21
196
207
371,614
400,000
7,803,900
90.05%

491
78
25
185
172
425,999
295,000
10,649,987
85.46%

30.75%
-2.56%
-16.00%
6.15%
20.35%
-12.77%
35.59%
-26.72%
4.59%

n/a
979
166
126
207
456,016
360,000
75,698,720
90.22%

n/a
928
190
134
172
407,753
332,500
77,473,117
90.55%

n/a
5.50%
-12.63%
-5.97%
20.35%
11.84%
8.27%
-2.29%
-0.33%

TOTAL MLS*
Month End Inventory
New Listings Added
Sales
Avg DOM Sold
Avg DOM Active
Average Sale Price
Median Price
Total Sales
Sales $/List $

11,064
3,540
1,740
62
86
408,530
360,000
710,842,528
96.38%

10,473
3,373
1,519
61
82
403,994
359,000
613,666,778
95.83%

5.64%
4.95%
14.55%
1.57%
4.88%
1.12%
0.28%
15.84%
0.54%

n/a
43,503
20,300
55
86
415,710
363,500
8,438,922,442
96.65%

n/a
45,609
19,000
50
82
411,775
362,000
7,823,729,313
96.67%

n/a
-4.62%
6.84%
10.00%
4.88%
0.96%
0.41%
7.86%
-0.02%

*Total MLS includes Mobile Listings

Calgary Metro only includes Zone A, B, C and D
**Year-to-date and monthly statistics will accurately reflect our database, reflecting up-to-date changes that naturally occur.

CREB CALGARY METRO BY PRICE

Oct-11
SINGLE FAMILY
0 - 99,999
100,000 - 199,999
200,000 - 299,999
300,000 - 349,999
350,000 - 399,999
400,000 - 449,999
450,000 - 499,999
500,000 - 549,999
550,000 - 599,999
600,000 - 649,999
650,000 - 699,999
700,000 - 799,999
800,000 - 899,999
900,000 - 999,999
1,000,000 - 1,249,999
1,250,000 - 1,499,999
1,500,000 - 1,749,999
1,750,000 - 1,999,999
2,000,000 - 2,499,999
2,500,000 - 2,999,999
3,000,000 - 3,499,999
3,500,000 - 3,999,999
Over 4,000,000

Month
14
159
163
171
135
96
62
34
31
22
32
25
11
14
10
4
1
4
-

988

0.00%
1.42%
16.09%
16.50%
17.31%
13.66%
9.72%
6.28%
3.44%
3.14%
2.23%
3.24%
2.53%
1.11%
1.42%
1.01%
0.40%
0.10%
0.40%
0.00%
0.00%
0.00%
0.00%
100.00%

2
84
159
46
29
20
13
3
3
5
1
1
1
1
-

0.54%
22.83%
43.21%
12.50%
7.88%
5.43%
3.53%
0.82%
0.82%
1.36%
0.27%
0.00%
0.00%
0.27%
0.27%
0.00%
0.00%
0.00%
0.27%
0.00%
0.00%
0.00%
0.00%

Oct-10
Y.T.D.
1
141
1,486
1,866
2,012
1,662
1,156
756
537
394
336
406
259
119
155
103
33
33
25
18
3
2
-

11,503

0.01%
1.23%
12.92%
16.22%
17.49%
14.45%
10.05%
6.57%
4.67%
3.43%
2.92%
3.53%
2.25%
1.03%
1.35%
0.90%
0.29%
0.29%
0.22%
0.16%
0.03%
0.02%
0.00%
100.00%

46
963
2,005
656
437
184
152
61
45
33
28
22
21
4
11
9
1
1
1
1

0.98%
20.57%
42.83%
14.01%
9.34%
3.93%
3.25%
1.30%
0.96%
0.70%
0.60%
0.47%
0.45%
0.09%
0.23%
0.19%
0.02%
0.00%
0.02%
0.02%
0.00%
0.00%
0.02%

Month
1
8
135
158
173
140
78
43
33
25
19
23
18
8
13
5
3
3
1

Y.T.D.

887

0.11%
0.90%
15.22%
17.81%
19.50%
15.78%
8.79%
4.85%
3.72%
2.82%
2.14%
2.59%
2.03%
0.90%
1.47%
0.56%
0.34%
0.34%
0.00%
0.00%
0.00%
0.00%
0.11%
100.00%

2
93
1,235
1,739
1,869
1,647
1,096
714
511
349
275
319
201
118
135
75
36
19
21
10
1
3

10,468

0.02%
0.89%
11.80%
16.61%
17.85%
15.73%
10.47%
6.82%
4.88%
3.33%
2.63%
3.05%
1.92%
1.13%
1.29%
0.72%
0.34%
0.18%
0.20%
0.10%
0.00%
0.01%
0.03%
100.00%

6
57
145
34
23
10
15
4
3
2
2
1
2
1
1
1
-

1.95%
18.57%
47.23%
11.07%
7.49%
3.26%
4.89%
1.30%
0.98%
0.65%
0.65%
0.33%
0.65%
0.33%
0.33%
0.33%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%

31
699
2,153
740
409
197
106
54
46
37
17
18
16
9
10
5
1
-

0.68%
15.37%
47.34%
16.27%
8.99%
4.33%
2.33%
1.19%
1.01%
0.81%
0.37%
0.40%
0.35%
0.20%
0.22%
0.11%
0.00%
0.02%
0.00%
0.00%
0.00%
0.00%
0.00%

CONDO
0 - 99,999
100,000 - 199,999
200,000 - 299,999
300,000 - 349,999
350,000 - 399,999
400,000 - 449,999
450,000 - 499,999
500,000 - 549,999
550,000 - 599,999
600,000 - 649,999
650,000 - 699,999
700,000 - 799,999
800,000 - 899,999
900,000 - 999,999
1,000,000 - 1,249,999
1,250,000 - 1,499,999
1,500,000 - 1,749,999
1,750,000 - 1,999,999
2,000,000 - 2,499,999
2,500,000 - 2,999,999
3,000,000 - 3,499,999
3,500,000 - 3,999,999
Over 4,000,000

368

4,681

307

Monthly and Year-to-date values in the monthly statistics package will accurately reflect our database.

4,548

CREB TOWN AND COUNTRY BY PRICE CATEGORY

Oct-11
Month

TOWNS
0 - 99,999
100,000 - 199,999
200,000 - 299,999
300,000 - 349,999
350,000 - 399,999
400,000 - 449,999
450,000 - 499,999
500,000 - 549,999
550,000 - 599,999
600,000 - 649,999
650,000 - 699,999
700,000 - 799,999
800,000 - 899,999
900,000 - 999,999
1,000,000 - 1,249,999
1,250,000 - 1,499,999
1,500,000 - 1,749,999
1,750,000 - 1,999,999
2,000,000 - 2,499,999
2,500,000 - 2,999,999
3,000,000 - 3,499,999
3,500,000 - 3,999,999
Over 4,000,000

6
35
63
51
55
34
15
11
9
2
5
4
1
5
1
1
-

298

2.01%
11.74%
21.14%
17.11%
18.46%
11.41%
5.03%
3.69%
3.02%
0.67%
1.68%
1.34%
0.34%
1.68%
0.00%
0.34%
0.00%
0.00%
0.34%
0.00%
0.00%
0.00%
0.00%
100.00%

Oct-10
Y.T.D.
68
362
811
579
489
368
184
115
67
33
45
40
26
22
17
16
3
2
1
-

3,248

2.09%
11.15%
24.97%
17.83%
15.06%
11.33%
5.67%
3.54%
2.06%
1.02%
1.39%
1.23%
0.80%
0.68%
0.52%
0.49%
0.09%
0.00%
0.06%
0.03%
0.00%
0.00%
0.00%
100.00%

1
18
41
17
23
23
19
24
36
30
35
62
66
44
78
29
13
8
12
6
2
-

0.17%
3.07%
6.98%
2.90%
3.92%
3.92%
3.24%
4.09%
6.13%
5.11%
5.96%
10.56%
11.24%
7.50%
13.29%
4.94%
2.21%
1.36%
2.04%
1.02%
0.34%
0.00%
0.00%

Month
6
22
59
40
33
26
18
8
3
2
2
4
2
1
1
2
1
-

230

Y.T.D.

2.61%
9.57%
25.65%
17.39%
14.35%
11.30%
7.83%
3.48%
1.30%
0.87%
0.87%
1.74%
0.87%
0.43%
0.43%
0.87%
0.43%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
100.00%

65
317
758
548
476
344
187
133
65
52
35
45
30
23
16
12
5
2
3
-

3,116

2.09%
10.17%
24.33%
17.59%
15.28%
11.04%
6.00%
4.27%
2.09%
1.67%
1.12%
1.44%
0.96%
0.74%
0.51%
0.39%
0.16%
0.06%
0.10%
0.00%
0.00%
0.00%
0.00%
100.00%

3.64%
3.64%
5.45%
5.45%
7.27%
3.64%
5.45%
10.91%
10.91%
5.45%
7.27%
9.09%
7.27%
3.64%
3.64%
3.64%
1.82%
0.00%
0.00%
0.00%
0.00%
0.00%
1.82%

5
11
23
21
16
12
32
20
27
32
30
64
69
38
50
37
17
9
9
4
1
1

0.95%
2.08%
4.36%
3.98%
3.03%
2.27%
6.06%
3.79%
5.11%
6.06%
5.68%
12.12%
13.07%
7.20%
9.47%
7.01%
3.22%
1.70%
1.70%
0.76%
0.00%
0.19%
0.19%

COUNTRY RESIDENTIAL (ACREAGES)

0 - 99,999
100,000 - 199,999
200,000 - 299,999
300,000 - 349,999
350,000 - 399,999
400,000 - 449,999
450,000 - 499,999
500,000 - 549,999
550,000 - 599,999
600,000 - 649,999
650,000 - 699,999
700,000 - 799,999
800,000 - 899,999
900,000 - 999,999
1,000,000 - 1,249,999
1,250,000 - 1,499,999
1,500,000 - 1,749,999
1,750,000 - 1,999,999
2,000,000 - 2,499,999
2,500,000 - 2,999,999
3,000,000 - 3,499,999
3,500,000 - 3,999,999
Over 4,000,000

1
5
2
3
2
3
1
5
6
5
4
8
5
4
2
1
-

57

0.00%
1.75%
8.77%
3.51%
5.26%
3.51%
5.26%
1.75%
8.77%
10.53%
8.77%
7.02%
14.04%
8.77%
7.02%
3.51%
0.00%
0.00%
0.00%
1.75%
0.00%
0.00%
0.00%

587

2
2
3
3
4
2
3
6
6
3
4
5
4
2
2
2
1
1

55

Monthly and Year-to-date values in the monthly statistics package will accurately reflect our database.

528

CREB
CALGARY METRO
SINGLE FAMILY BY STYLE
October 2011
Style

Listings Added

Inventory

Sales

Avg Price

Total Sales Median Price Avg DOM

S$/L$

NW
BK-SP
BLEVL
BUNG
BUNGH
HL-SP
MODUL
SPLT2
SPLT3
SPLT4
SPLT5
ST1.5
ST2
ST2.5
ST3
VILLA

3
101
357
11
2
3
81
14
71
8
19
873
10
8
2

2
43
161
4
1
1
32
6
28
2
5
363
4
1
2

1
20
77
3
0
0
19
1
24
0
7
175
3
0
2

350,000
369,749
448,527
506,633

350,000
7,394,975
34,536,607
1,519,900

350,000
342,000
420,000
580,000

51
34
54
69

97.25%
97.40%
96.91%
97.19%

568,111
375,000
386,892

10,794,100
375,000
9,285,400

550,000
375,000
375,000

64
24
63

97.24%
96.18%
96.42%

404,271
519,311
640,667

2,829,900
90,879,340
1,922,000

414,900
445,000
740,000

34
46
32

95.43%
96.75%
95.64%

452,500

905,000

410,000

44

96.30%

7
105
180
11
14
86
2
273

1
42
73
4
5
23
0
96

2
37
53
3
2
15
0
55

255,250
278,927
263,077
336,667
256,250
275,267

510,500
10,320,290
13,943,100
1,010,000
512,500
4,129,000

242,500
280,000
255,000
305,000
235,000
278,500

60
61
52
67
126
65

97.28%
96.00%
96.34%
95.53%
95.83%
95.55%

303,645

16,700,500

290,000

51

96.29%

9
44
299
11
1
1
53
11
70
12
22
734
8
33
6

2
17
143
3
0
0
20
6
22
2
7
254
1
5
2

0
11
72
1
0
0
17
0
16
1
5
155
1
1
3

349,318
458,415
437,700

3,842,500
33,005,850
437,700

330,000
415,000
437,700

43 96.79%
46 97.07%
18 100.00%

555,118

9,437,000

423,500

46

98.08%

439,656
659,500
650,900
604,841
900,000
2,100,000
597,667

7,034,500
659,500
3,254,500
93,750,325
900,000
2,100,000
1,793,000

382,000
659,500
720,000
515,000
900,000
2,100,000
639,000

60
64
152
49
41
37
22

95.66%
94.48%
96.10%
96.42%
97.31%
91.34%
98.31%

7
41
157
2
43
8
33
1
6
525
1
2
3

4
19
71
2
20
2
15
0
2
245
3
1
2

1
10
60
0
13
1
10
0
1
102
0
0
0

1,040,000
332,810
378,785

1,040,000
3,328,100
22,727,088

1,040,000
330,600
353,000

25
48
56

96.31%
96.20%
97.17%

624,077
295,000
421,850

8,113,000
295,000
4,218,500

540,000
295,000
375,000

60
53
45

95.11%
98.37%
96.43%

239,000
415,792

239,000
42,410,802

239,000
387,000

49
54

97.75%
97.15%

NE
BK-SP
BLEVL
BUNG
SPLT2
SPLT3
SPLT4
ST1.5
ST2

SW
BK-SP
BLEVL
BUNG
BUNGH
BUNGS
HL-SP
SPLT2
SPLT3
SPLT4
SPLT5
ST1.5
ST2
ST2.5
ST3
VILLA

SE
BK-SP
BLEVL
BUNG
BUNGH
SPLT2
SPLT3
SPLT4
SPLT5
ST1.5
ST2
ST2.5
ST3
VILLA

CREB
CALGARY METRO
CONDOMINIUM BY STYLE
October 2011
Style
NW
APART
APRTM
BLEVL
BUNG
LOFT
PENTH
SPLT2
SPLT3
SPLT4
SPLT5
ST2
ST2.5
ST3
VILLA
NE
APART
APRTM
BLEVL
BUNG
SPLT2
SPLT4
SPLT5
ST1.5
ST2
ST2.5
ST3
VILLA
SW
APART
APRTM
BK-SP
BLEVL
BUNG
BUNGS
LOFT
PENTH
SPLT2
SPLT3
SPLT4
SPLT5
ST1.5
ST2
ST2.5
ST3
VILLA
SE
APART
APRTM
BLEVL
BUNG
LOFT
SPLT2
SPLT4
SPLT5
ST2
ST2.5
ST3
VILLA

Listings Added

Inventory

Sales

Avg Price

Total Sales Median Price Avg DOM S$/L$

268
6
17
24
1
1
4
1
15
1
141
0
21
3
1921

93
3
4
15
1
0
1
0
6
1
69
0
10
0
755

49
1
0
3
0
1
1
1
4
2
29
0
2
0
365

249,222
327,000

12,211,873
327,000

245,000
327,000

52 96.10%
38 97.90%

279,267

837,800

285,000

28 96.55%

260,000
206,500
235,000
314,625
413,000
294,953

260,000
206,500
235,000
1,258,500
826,000
8,553,650

260,000
206,500
235,000
281,500
355,000
285,000

40
61
21
64
32
58

567,500

1,135,000

450,000

45 95.47%

62
4
4
9
2
2
0
0
59
0
1
2

17
1
0
4
1
1
0
0
23
0
1
1

13
0
1
2
0
1
0
0
14
1
0
0

170,723

2,219,400

165,000

74 94.63%

105,000
207,500

105,000
415,000

105,000
155,000

34 81.40%
97 94.77%

165,000

165,000

165,000

10 94.34%

162,296
151,000

2,272,150
151,000

152,000
151,000

47 95.86%
71 95.03%

716
28
1
6
30
0
18
13
1
2
15
3
2
198
2
40
15

296
13
0
1
13
0
4
3
0
2
7
2
1
71
1
12
7

130
4
0
3
6
1
2
2
2
2
0
1
0
38
1
3
3

279,885
698,625

36,385,048
2,794,500

256,000
272,000

61 95.73%
42 97.47%

135,067
286,667
429,000
274,500
655,000
322,500
365,750

405,200
1,720,000
429,000
549,000
1,310,000
645,000
731,500

135,000
235,000
429,000
230,000
410,000
315,000
320,000

410,000

410,000

410,000

87 97.64%

322,756
410,000
451,333
448,667

12,264,741
410,000
1,354,000
1,346,000

290,000
410,000
485,000
449,000

54
38
28
23

90
2
3
8
2
2
3
1
66
1
3
2

32
1
1
4
2
0
2
1
26
0
1
0

12
0
0
4
0
0
3
0
22
0
1
0

245,375

2,944,500

247,000

57 96.95%

302,500

1,210,000

303,000

31 97.65%

436,300

1,308,900

449,900

37 97.88%

277,043

6,094,950

265,000

54 98.06%

342,000

342,000

342,000

32 97.71%

19
52
15
19
104
82
90

97.05%
98.38%
94.04%
96.16%
97.49%
96.72%

96.27%
96.72%
97.52%
98.97%
95.63%
96.28%
97.17%

96.93%
96.49%
97.85%
98.33%

CREB - COMMERCIAL SUMMARY

Year to Date
31-Oct-11
Sold or
Leased

Avg Price or
Lse / M2

Type

Sold or
Leased

BUS
IND
OFC

L
L
L

1
22
18

4.49
8.82
13.34

44
81
112

RET
AGR
BUS
BWP
IND

L
S
S
S
S

16
12
70
18
28

16
881,917
90,019
867,538
700,967

LAN
MFC
OFC
RET

S
S
S
S

11
28
19
28

1,053,500
1,122,036
804,852
556,329

Avg DOM

Total Sales

SP / LP

189
102
123
194
144

10,583,000
6,301,349
15,615,690
18,926,100

92.42%
81.05%
87.30%
87.08%

132
67
113
152

10,535,000
31,417,000
15,292,190
13,351,900

81.15%
93.08%
83.37%
90.05%

Avg DOM

Total Sales

SP / LP

36,801,000
5,717,408
7,179,000
22,603,763

87.21%
81.66%
89.55%
92.64%

29,551,300
9,985,000
11,561,590
9,058,935

90.14%
93.92%
88.52%
89.59%

Year to Date
31-Oct-10

Type

BWP
IND
OFC
RET
AGR
BUS
BWP
IND
LAN
MFC
OFC
RET

Sold or
Leased

L
L
L
L
S
S
S
S
S
S
S
S

Sold or
Leased

Avg Price or
Lse / M2

1
13
16
6
17
63
14
45
30
12
19
19

8.611
9.4051
13.78025
19
2,164,765
90,753
512,786
513,722
985,043
832,083
608,505
476,786

28
103
113
115
114
108
166
105
166
86
124
74

CREB SINGLE FAMILY CALGARY METRO

LONG TERM COMPARISON SUMMARY
1
January

2007
New Listings
Sales
Avg Price
Median
Avg DOM
2008
New Listings
Sales
Avg Price
Median
Avg DOM
2009
New Listings
Sales
Avg Price
Median
Avg DOM
2010
New Listings
Sales
Avg Price
Median
Avg DOM
2011
New Listings
Sales
Avg Price
Median
Avg DOM

2
February

March

April

5
May

6
June

7
July

8
August

9
September

10
October

11
November

12
December

12
YTD

2,323
1,495
433,073
380,000
39

2,202
1,938
448,721
408,000
30

3,129
2,265
478,462
427,000
24

3,097
2,070
473,529
431,500
24

3,654
1,984
487,921
435,000
25

3,307
1,750
496,997
438,500
30

2,545
1,494
506,709
435,000
36

2,835
1,312
485,818
430,000
40

3,104
1,056
470,591
420,750
41

2,587
1,114
452,398
412,500
41

1,951
1,099
461,769
407,000
46

982
843
442,968
406,000
52

31,716
18,420
472,041
421,000
33

3,024
1,079
455,720
410,000
50

2,983
1,244
471,867
428,844
40

3,487
1,413
473,490
420,000
40

3,378
1,360
474,831
420,000
41

3,422
1,362
479,122
419,000
42

2,785
1,435
473,052
408,000
47

2,555
1,308
456,402
408,250
52

2,271
1,168
440,838
398,000
52

2,630
1,149
444,113
395,000
52

2,321
817
449,150
390,000
48

1,563
668
435,484
387,900
55

834
449
417,398
380,000
62

31,253
13,452
460,330
409,000
47

2,067
548
413,301
374,850
62

2,058
824
415,597
375,000
51

2,023
1,081
420,600
375,000
49

2,005
1,289
426,463
380,000
52

2,230
1,580
436,714
390,000
46

2,236
1,832
446,729
398,750
45

2,082
1,579
436,791
390,000
43

1,907
1,275
453,521
399,000
43

1,855
1,253
457,953
399,500
40

1,817
1,283
462,544
410,000
42

1,362
1,091
464,757
408,000
42

805
794
451,363
400,000
47

22,447
14,429
442,329
392,000
45

1,820
759
441,284
398,000
43

2,151
1,032
458,375
410,500
35

2,986
1,388
470,994
422,950
33

3,076
1,351
460,455
417,000
36

2,965
1,256
483,938
420,000
38

2,729
1,059
481,160
418,000
40

1,940
914
464,500
400,000
45

1,958
865
445,814
395,000
51

2,252
957
460,329
390,000
53

1,762
887
444,936
389,000
51

1,315
890
455,596
399,900
53

743
733
441,364
389,000
59

25,697
12,091
461,132
406,000
43

1,963
784
453,845
390,000
57

2,268
1,169
461,759
400,000
45

2,431
1,352
461,541
399,500
39

2,295
1,216
479,393
420,000
41

2,553
1,311
488,735
423,000
41

2,420
1,393
479,609
417,500
43

2,038
1,150
456,063
408,500
49

2,111
1,104
454,142
402,750
49

2,326
1,036
466,167
400,000
48

1,797
988
455,399
395,000
52

0
0
426,875
429,000
69

0
0

22,202
11,503
466,844
407,000
45

#N/A
#N/A
#N/A

CREB - CONDOMINIUM CALGARY METRO

LONG TERM COMPARISON SUMMARY
1
January

2007
New Listings
Sales
Avg Price
Median
Avg DOM
2008
New Listings
Sales
Avg Price
Median
Avg DOM
2009
New Listings
Sales
Avg Price
Median
Avg DOM
2010
New Listings
Sales
Avg Price
Median
Avg DOM
2011
New Listings
Sales
Avg Price
Median
Avg DOM

2
February

March

April

5
May

6
June

7
July

8
August

9
September

10
October

11
November

12
December

12
YTD

1,004
735
287,634
267,500
39

890
895
301,823
280,800
28

1,249
1,024
312,144
290,000
24

1,157
836
329,918
309,500
23

1,329
887
332,212
308,000
24

1,253
789
323,281
304,900
28

1,113
602
318,551
297,700
34

1,188
598
320,793
301,000
36

1,314
482
321,442
300,000
41

1,203
499
331,804
289,000
41

887
494
312,823
285,106
45

470
390
304,931
285,500
50

13,057
8,231
316,401
295,000
32

1,404
453
311,410
290,000
48

1,240
559
311,757
295,000
46

1,563
563
312,517
292,500
43

1,491
581
312,586
290,000
46

1,545
573
311,286
284,000
50

1,236
555
315,089
282,000
52

1,186
535
296,341
273,500
53

1,053
495
287,841
268,500
58

1,187
461
287,869
265,000
55

1,071
398
289,001
268,000
50

741
283
285,116
251,800
52

433
205
274,919
254,000
61

14,150
5,661
302,410
279,500
50

941
221
264,396
240,000
64

890
340
268,884
249,950
52

901
444
284,293
260,000
56

964
575
278,376
252,000
58

993
653
275,299
255,000
52

931
736
285,481
265,750
52

918
700
285,168
263,375
50

831
631
283,400
260,000
48

941
580
290,256
265,000
43

860
599
289,786
263,500
45

706
503
294,600
265,000
46

443
338
284,693
265,000
47

10,319
6,320
283,356
260,000
50

951
375
282,737
265,000
50

1,109
535
283,004
266,000
43

1,376
605
297,158
275,000
39

1,338
639
289,586
267,500
41

1,220
518
304,693
279,950
43

1,086
445
294,182
270,000
47

889
396
291,181
268,000
51

809
362
286,373
260,000
54

920
366
284,028
265,000
57

723
307
287,808
256,500
58

634
310
284,667
254,150
58

369
318
283,059
260,000
62

11,424
5,176
289,905
266,500
48

871
302
288,291
255,000
62

970
465
290,548
267,500
53

999
581
280,781
256,000
50

970
534
289,334
260,000
54

1,016
502
287,697
269,250
50

961
579
296,320
265,000
53

825
454
286,238
269,000
51

866
468
285,487
255,000
54

900
428
299,316
260,000
57

757
368
282,903
262,625
57

0
0
215,000
215,000
123

0
0

9,135
4,681
288,736
262,500
53

#N/A
#N/A
#N/A

CREB TOTAL MLS

Sales
Inventory
Avg Sale Price

$500,000

Median Sale Price

20,000

$450,000

424,871
428,458

409,579

18,000

403,994
390,124

411,295

419,652

424,298

401,941

367,000

16,000

359,000

360,000

369,000

344,900

360,000

408,530

408,687

$400,000

411,786

410,063

370,633

360,000

360,000

365,000

360,000

370,000

$350,000

350,000

# Sales/Inventory

14,000
$300,000
12,000

11971

11938

11650

11885

11784
11064

10855

10473

$250,000

10043

10,000

9439
8929

$200,000

8070

8,000

7189

$150,000

6,000

$100,000

4,000
1964

2,000

1519

1495

1283

2344

2173

2308

2506
2047

1993

1884

Aug-11

Sep-11

1341

1740

$50,000
$0

Oct-10

Nov-10 Dec-10

Jan-11

Feb-11

Mar-11

Apr-11

May-11

Jun-11

Jul-11

Oct-11

Average/Median Sales Price

22,000

CREB ABSORPTION RATE

TOTAL MLS
12

10

Balanced Market
2

0
Absorption Rate = Inventory / Sales

CREB TOTAL MLS

16,000

Inventory

30

Sales

14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
Oct-08 Dec-08 Feb-09 Apr-09 Jun-09 Aug-09 Oct-09 Dec-09 Feb-10 Apr-10 Jun-10 Aug-10 Oct-10 Dec-10 Feb-11 Apr-11 Jun-11 Aug-11 Oct-11

CREB TOTAL MLS

7,000

New Listings

Sales

6,000
5,000
4,000
3,000
2,000
1,000
0
Oct-08 Dec-08 Feb-09 Apr-09 Jun-09 Aug-09 Oct-09 Dec-09 Feb-10 Apr-10 Jun-10 Aug-10 Oct-10 Dec-10 Feb-11 Apr-11 Jun-11 Aug-11 Oct-11

CREB TOTAL MLS

Sales

30

New Listings

8,000
7,000
6,000
5,000

3,540

3,373

4,000
3,000

1,740

1,519

2,000
1,000
0
Oct-10

Oct-11

CREB TOTAL MLS INVENTORY AS OF

MONTH END
20,000
18,000
16,000
14,000

10,473

11,064

12,000
10,000
8,000
6,000
4,000
2,000
0
Oct-10

Oct-11

CREB - CALGARY METRO

SINGLE FAMILY AVERAGE SALE PRICE

455,399

600,000
444,936
500,000
400,000
300,000
200,000
100,000
0
Oct-10

Oct-11

CREB - CALGARY METRO

CONDOMINIUM AVERAGE SALE PRICE

500,000
450,000
400,000

282,903

287,808

350,000
300,000
250,000
200,000
150,000
100,000
50,000
0
Oct-10

Oct-11

CREB - SURROUNDING TOWNS

AVERAGE SALE PRICE

500,000
450,000

358,839

363,180

400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
0
Oct-10

Oct-11

CREB - COUNTRY RESIDENTIAL (ACREAGES)

AVERAGE SALE PRICE

1,400,000
1,200,000
1,000,000

664,229

705,666

800,000
600,000
400,000
200,000
0
Oct-10

Oct-11

CREB - TOTAL MLS SALES

5,000
4,500
4,000
3,500
3,000
2,500

1,740

1,519

2,000
1,500
1,000
500
0
Oct-10

Oct-11

CREB - METRO CONDO & SINGLE FAMILY

AS A PER CENT OF TOTAL METRO SALES

140%

Condo Sales

SF Sales

120%
26%

27%

74%

73%

100%
80%
60%
40%
20%
0%

Oct-10

Oct-11

CITY OF CALGARY SINGLE FAMILY SALES BY PRICE RANGE YEAR TO DATE

45%
40%
35%
30%
25%
20%
15%
10%
5%
0%
<$300,000

Oct-08

$300,000 -$
349,999

Oct-09

Oct-10

$350,000 $449,999

$450,000 $549,999

$550,000 $699,999

$700,000 +
Source: CREB

Oct-11

CITY OF CALGARY CONDOMINIUM SALES BY PRICE RANGE YEAR TO DATE

60%

50%

40%

30%

20%

10%

0%
<$200,000
Oct-08

Oct-09

Oct-10

$200,000 - $299,999
Oct-11

$300,000 - $399,999

$400,000 - $599,999

$600,000+
Source: CREB

CITY OF CALGARY SINGLE FAMILY AVERAGE AND MEDIAN PRICE - YEAR OVER YEAR CHANGE
50%
40%
30%
20%
10%
0%
-10%
-20%

Single Family Average Price change

Single Family Median Price Change

Source: CREB

CITY OF CALGARY CONDOMINIUM AVERAGE AND MEDIAN PRICE - YEAR OVER YEAR CHANGE
60%
50%
40%
30%
20%
10%
0%
-10%
-20%
-30%

Condominium Average Price change

Condominium Median Price Change

Source: CREB

30,000
CITY OF CALGARY SINGLE FAMILY AND CONDOMINIUM SALES YEAR TO DATE

25,000

20,000

15,000

10,000

5,000

Sales

10 year Average

Source: CREB