Calgary Buyers’ Remain Cautious

Sales of million dollar plus homes a bright spot in 2010 market
Calgary, November 1, 2010 – Home sales in the
city of Calgary were down month-over-month
in October 2010, showing signs that buyers
still remain cautious, despite signs of economic
recovery.
Year-over-year sales continued to
trend lower in the month of October, according to
figures released today by the Calgary Real Estate
Board (CREB®).
The number of single family home sales in the
month of October 2010 shrank by 7 per cent at
888, compared with September 2010, when sales
were 958. The number of condominium sales for
the month of October 2010 was 310. This was a
decrease of 15 per cent from the 366 condominium
transactions recorded in September 2010.
Year-over-year, the number of single family homes
sold in October 2010 in the city of Calgary were
down 31 per cent. In October 2009, single family
home sales totalled 1,285. Condominium sales
saw a decrease of 48 per cent from the same time
a year ago. In October 2009, condominium sales
were 601.

REALT
OR® S
OLD P
ROPER
TIE

2010, when the median price was $265,000, and
a 3 per cent decrease from October 2009, when it
was $263,500.
All city of Calgary MLS® statistics include
properties listed and sold only within Calgary’s
city limits. The median price is the price that is
midway between the least expensive and most
expensive home sold in an area during a given
period of time. During that time, half the buyers
bought homes that cost more than the median price
and half bought homes for less than the median
price.

“Buyers remain cautious, perhaps waiting to feel
a little more confidence in Calgary’s economic
growth and their own job security,” says Diane
Scott, president of CREB®.

Single family listings in the city of Calgary added
for the month of October 2010 totalled 1,765, a
decrease of 22 per cent from September 2010
when 2,252 new listings were added, and showing
a decrease of 3 per cent from October 2009, when
1,819 new listings came to the market.

“We believe economic recovery will build
momentum into 2011 as the outlook for oil and
gas and other sectors continues to improve. This,
coupled with low interest rates and improved
affordability, should eventually help to stimulate
Calgary’s housing market,” adds Scott.

Condominium new listings in the city of Calgary
added for October 2010 were 721, down 22 per
cent from September 2010, when the MLS® saw
921 condo listings coming to the market. This is a
decrease of 16 per cent from October 2009, when
new condominium listings added were 859.

The average price of a single family home in the
city of Calgary in October 2010 was $444,744,
showing a 3 per cent decrease from September
2010, when the average price was $460,278, and a
4 per cent decrease from October 2009, when the
average price was $462,465. The average price of
a condominium in the city of Calgary in October
2010 was $287,793, showing a 1 per cent increase
from September 2010, when the average price was
$284,028 and no significant change over last year,
when the average price was $289,155. 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.

“We are seeing some decline in the number of new
listings coming on to the market. A continuing
decline in supply will help bring the market into
balance,” says Scott.

The median price of a single family home in the
city of Calgary for October 2010 was $387,900,
showing a 1 per cent decrease from September
2010 when the median price was $390,000. This
was a 5 per cent decrease from October 2009, when
the median price was $410,000. The median price
of a condominium in October 2010 was $255,000,
showing a 4 per cent decrease from September

Total MLS® Information

CALGARY REAL ESTATE BOARD

“We believe we will see a tempering of our
inventory levels, as some sellers offer marginal
reductions in prices, or others choose to pull their
home off the market for a period of time,” notes
Scott. “Homeowners should consider speaking
with their REALTOR® about their current
marketing strategy—there are always options in
every market.”
“Overall, we’re cautiously optimistic that
Calgary’s economic recovery will pick up as we
move into 2011—but in-migration will be needed
to fuel a sustained recovery in Calgary’s housing
market,” says Scott.

TOTAL MLS®
OCTOBER 2010

Sales
Inventory
Avg Sale Price

22000

$500,000

Median Sale Price

20000

$450,000
409,823

18000

402,055

433,248
416,064 395,933

395,435

360,000

360,000

433,030

405,850

420,693

399,661

415,031

16000

360,000

375,000

362,000

375,000

364,500

350,000

370,000

410,708

355,000

403,679

13459

12989

$350,000

12865

$300,000

11928

11725

12000

11349
10473

10003

10000
7409

$250,000
$200,000

8154

7995

8000

$400,000

359,000

352,000

352,000

14000

6838

$150,000

6006

6000

“Our average price is being buoyed by more
sales in the million dollar plus category. Despite
a slowdown in certain market segments, homes
sold in the city of Calgary at one million dollars or
more have actually seen an increase of more than
15 per cent when compared to the same time one
year ago. This boost in sales is, indeed, a bright
spot in our current market,” says Scott.

S

Average/Median Sales Price

Calgary Real Estate Board

OCTOber 2010

# Sales/Inventory

CREBStats
®

$100,000

4000
2346

2000

1976

1428

1447

2535

1988

2448

2239

1902

1683

1628

1673

Aug-10

Sep-10

1523

0

$50,000
$0

Oct-09

Nov-09

Dec-09

Jan-10

Feb-10

Mar-10

Apr-10

May-10

Jun-10

Jul-10

Oct-10

Absorption Rate

CALGARY REAL ESTATE BOARD

ABSORPTION RATE
TOTAL MLS® OCTOBER 2010
12
10
8
6
4

Balanced Market

2
0
Oct-07 Dec-07 Feb-08 Apr-08 Jun-08 Aug-08 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

Total MLS® Inventory to Sales
CALGARY REAL ESTATE BOARD

TOTAL MLS®
OCTOBER 2010
16,000

Inventory

Sales

14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
Oct-07 Dec-07 Feb-08 Apr-08 Jun-08 Aug-08 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

1 of 16

REALTORS® are educated, licensed professionals trained to guide you through the real estate transaction.
No MLS® information can be reprinted without sourcing the Calgary Real Estate Board.

CALGARY REAL ESTATE BOARD
TOTAL MLS® FOR OCTOBER 2010
2010
SINGLE FAMILY (Calgary Metro)
Month End Inventory
4,528
New Listings Added
1,765
Sales
888
Avg DOM Sold
50
Avg DOM Active
59
Average Sale Price
444,744
Median Price
387,900
Total Sales
394,932,857
Sales $/List $
96.21%

2009

Mth Chg

** 2010 YTD

**2009 YTD

YTD Chg

3,003
1,819
1,285
41
54
462,465
410,000
594,267,495
97.11%

50.78%
-2.97%
-30.89%
21.95%
9.26%
-3.83%
-5.39%
-33.54%
-0.93%

n/a
23,650
10,472
41
59
462,997
409,000
4,848,504,913
96.99%

n/a
20,292
12,549
46
54
439,807
390,000
5,519,135,904
96.58%

n/a
16.55%
-16.55%
-10.87%
9.26%
5.27%
4.87%
-12.15%
0.42%

CONDOMINIUM (Calgary Metro)
Month End Inventory
2,042
New Listings Added
721
Sales
310
Avg DOM Sold
57
Avg DOM Active
63
Average Sale Price
287,793
Median Price
255,000
Total Sales
89,215,907
Sales $/List $
95.89%

1,482
859
601
44
53
289,155
263,500
173,781,933
97.06%

37.79%
-16.07%
-48.42%
29.55%
18.87%
-0.47%
-3.23%
-48.66%
-1.21%

n/a
10,419
4,553
47
63
290,536
268,000
1,322,812,011
96.73%

n/a
9,171
5,485
51
53
282,394
259,900
1,548,931,519
96.29%

n/a
13.61%
-16.99%
-7.84%
18.87%
2.88%
3.12%
-14.60%
0.46%

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 $

2,361
614
230
83
105
358,848
329,500
82,534,927
96.05%

2,096
641
366
80
97
372,900
332,900
136,481,538
96.58%

12.64%
-4.21%
-37.16%
3.75%
8.25%
-3.77%
-1.02%
-39.53%
-0.56%

n/a
7,955
3,117
70
105
362,636
335,000
1,130,336,397
96.72%

n/a
7,583
3,422
76
97
351,584
330,000
1,203,122,094
96.27%

n/a
4.91%
-8.91%
-7.89%
8.25%
3.14%
1.52%
-6.05%
0.47%

COUNTRY RESIDENTIAL (Acreages)
Month End Inventory
949
New Listings Added
180
Sales
56
Avg DOM Sold
100
Avg DOM Active
122
Average Sale Price
653,921
Median Price
560,000
Total Sales
36,619,600
Sales $/List $
94.27%

804
151
60
95
117
766,508
700,000
45,990,490
91.01%

18.03%
19.21%
-6.67%
5.26%
4.27%
-14.69%
-20.00%
-20.38%
3.58%

n/a
2,393
552
89
122
799,888
733,000
441,538,174
94.08%

n/a
2,192
595
91
117
765,850
695,000
455,680,531
93.27%

n/a
9.17%
-7.23%
-2.20%
4.27%
4.44%
5.47%
-3.10%
0.87%

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

491
71
25
184
172
425,999
295,000
10,649,987
85.46%

503
73
21
155
153
484,831
350,000
10,181,450
87.91%

-2.39%
-2.74%
19.05%
18.71%
12.42%
-12.13%
-15.71%
4.60%
-2.79%

n/a
898
190
134
172
407,753
332,500
77,473,117
90.55%

n/a
903
169
121
153
440,021
326,500
74,363,517
90.92%

n/a
-0.55%
12.43%
10.74%
12.42%
-7.33%
1.84%
4.18%
-0.41%

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

10,473
3,375
1,523
61
82
403,679
359,000
614,802,778
95.81%

7,995
3,567
2,346
51
78
409,823
360,000
961,443,906
96.61%

30.99%
-5.38%
-35.08%
19.61%
5.13%
-1.50%
-0.28%
-36.05%
-0.82%

n/a
45,612
19,011
50
82
411,786
362,000
7,828,463,813
96.67%

n/a
40,440
22,322
53
78
394,548
350,000
8,807,103,115
96.26%

n/a
12.79%
-14.83%
-5.66%
5.13%
4.37%
3.43%
-11.11%
0.43%

*Total MLS® includes Mobile Listings
**Year-to-date values in the monthly statistics package will accurately reflect our database at that specific point in time.

2 of 16

CALGARY REAL ESTATE BOARD
CALGARY METRO BY PRICE
Oct-10
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
1
8
135
159
174
139
78
43
33
25
19
23
18
8
13
5
3
3
1

Oct-09

**Y.T.D.
0.11%
0.90%
15.20%
17.91%
19.59%
15.65%
8.78%
4.84%
3.72%
2.82%
2.14%
2.59%
2.03%
0.90%
1.46%
0.56%
0.34%
0.34%
0.00%
0.00%
0.00%
0.00%
0.11%

888

2
93
1,236
1,741
1,869
1,647
1,096
714
511
349
275
319
201
118
136
75
36
19
21
10
1
3

Month
0.02%
0.89%
11.80%
16.63%
17.85%
15.73%
10.47%
6.82%
4.88%
3.33%
2.63%
3.05%
1.92%
1.13%
1.30%
0.72%
0.34%
0.18%
0.20%
0.10%
0.00%
0.01%
0.03%

10,472

12
164
189
227
194
155
83
62
46
38
47
22
16
9
8
3
3
1
2
1
1
-

**Y.T.D.
0.00%
0.94%
12.78%
14.73%
17.69%
15.12%
12.08%
6.47%
4.83%
3.59%
2.96%
3.66%
1.71%
1.25%
0.70%
0.62%
0.23%
0.23%
0.08%
0.16%
0.08%
0.08%
0.00%

1,283

1
96
1,668
2,444
2,459
1,888
1,185
805
492
364
275
311
185
115
113
71
27
20
13
7
1
3
2

0.01%
0.77%
13.30%
19.48%
19.60%
15.05%
9.45%
6.42%
3.92%
2.90%
2.19%
2.48%
1.47%
0.92%
0.90%
0.57%
0.22%
0.16%
0.10%
0.06%
0.01%
0.02%
0.02%

12,545

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

6
57
147
34
23
11
15
4
3
2
2
1
2
1
1
1
310

1.94%
18.39%
47.42%
10.97%
7.42%
3.55%
4.84%
1.29%
0.97%
0.65%
0.65%
0.32%
0.65%
0.32%
0.32%
0.32%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%

31
699
2,158
740
409
198
106
54
46
37
17
18
16
9
9
5
1
4,553

0.68%
15.35%
47.40%
16.25%
8.98%
4.35%
2.33%
1.19%
1.01%
0.81%
0.37%
0.40%
0.35%
0.20%
0.20%
0.11%
0.00%
0.02%
0.00%
0.00%
0.00%
0.00%
0.00%

2
99
282
92
49
29
21
7
6
2
3
2
3
1
1
599

0.33%
16.53%
47.08%
15.36%
8.18%
4.84%
3.51%
1.17%
1.00%
0.33%
0.50%
0.33%
0.50%
0.17%
0.00%
0.17%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%

4
844
2,960
781
376
202
117
58
46
22
17
16
9
6
13
4
2
2
1
5,480

0.07%
15.40%
54.01%
14.25%
6.86%
3.69%
2.14%
1.06%
0.84%
0.40%
0.31%
0.29%
0.16%
0.11%
0.24%
0.07%
0.04%
0.00%
0.04%
0.02%
0.00%
0.00%
0.00%

**Year-to-date values in the monthly statistics package will accurately reflect our database at that specific point in time. Older monthly statistics will not reflect upto-date changes that naturally occur.”

3 of 16

CALGARY REAL ESTATE BOARD
TOWN AND COUNTRY BY PRICE CATEGORY
Oct-10
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

Month
6
22
59
40
33
26
18
8
3
2
2
4
2
1
1
2
1
230

Oct-09

**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%

COUNTRY RESIDENTIAL (ACREAGES)
3
5.36%
2
3.57%
3
5.36%
3
5.36%
4
7.14%
2
3.57%
3
5.36%
6
10.71%
550,000 - 599,999
6
10.71%
600,000 - 649,999
3
5.36%
650,000 - 699,999
4
7.14%
700,000 - 799,999
5
8.93%
800,000 - 899,999
4
7.14%
900,000 - 999,999
2
3.57%
1,000,000 - 1,249,999
2
3.57%
1,250,000 - 1,499,999
2
3.57%
1,500,000 - 1,749,999
1
1.79%
1,750,000 - 1,999,999
0.00%
2,000,000 - 2,499,999
0.00%
2,500,000 - 2,999,999
0.00%
3,000,000 - 3,499,999
0.00%
3,500,000 - 3,999,999
0.00%
Over 4,000,000
1
1.79%
56

66
317
758
548
476
344
187
133
65
52
35
45
30
23
16
12
5
2
3
3,117

2.12%
10.17%
24.32%
17.58%
15.27%
11.04%
6.00%
4.27%
2.09%
1.67%
1.12%
1.44%
0.96%
0.74%
0.51%
0.38%
0.16%
0.06%
0.10%
0.00%
0.00%
0.00%
0.00%

15
20
24
21
16
12
32
20
27
33
30
66
69
38
50
37
18
9
9
4

2.72%
3.62%
4.35%
3.80%
2.90%
2.17%
5.80%
3.62%
4.89%
5.98%
5.43%
11.96%
12.50%
6.88%
9.06%
6.70%
3.26%
1.63%
1.63%
0.72%
0.00%
0.18%
0.18%

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

1
1
552

Month
4
30
102
68
48
35
26
11
14
4
4
5
5
4
4
1
1
366

1
1
6
2
1
6
2
4
2
4
8
7
3
5
5
1
1
1
60

**Y.T.D.
1.09%
8.20%
27.87%
18.58%
13.11%
9.56%
7.10%
3.01%
3.83%
1.09%
1.09%
1.37%
1.37%
1.09%
1.09%
0.27%
0.00%
0.27%
0.00%
0.00%
0.00%
0.00%
0.00%

52
325
910
696
552
334
183
101
76
41
30
43
34
13
18
8
4
1
1
3,422

1.52%
9.50%
26.59%
20.34%
16.13%
9.76%
5.35%
2.95%
2.22%
1.20%
0.88%
1.26%
0.99%
0.38%
0.53%
0.23%
0.12%
0.03%
0.03%
0.00%
0.00%
0.00%
0.00%

0.00%
1.67%
1.67%
10.00%
3.33%
1.67%
10.00%
3.33%
6.67%
3.33%
6.67%
13.33%
11.67%
5.00%
8.33%
8.33%
1.67%
1.67%
1.67%
0.00%
0.00%
0.00%
0.00%

3
11
31
27
29
31
20
31
37
38
40
81
54
34
60
31
13
6
11
3
1

0.51%
1.86%
5.24%
4.56%
4.90%
5.24%
3.38%
5.24%
6.25%
6.42%
6.76%
13.68%
9.12%
5.74%
10.14%
5.24%
2.20%
1.01%
1.86%
0.51%
0.17%
0.00%
0.00%

592

**Year-to-date values in the monthly statistics package will accurately reflect our database at that specific point in time. Older monthly statistics will not reflect upto-date changes that naturally occur.”

4 of 16

CALGARY REAL ESTATE BOARD
CALGARY METRO
SINGLE FAMILY BY STYLE
October 2010

Style

Inventory

Listings
Added

Sales

6
108
360
18
1
80
6
76
7
31
807
9
6
3

1
32
151
6
0
31
1
27
3
12
337
3
2
4

0
30
83
5
0
14
1
14
0
8
158
1
1
4

7
146
226
1
1
2
24
9
71
4
306

2
62
79
1
0
1
6
3
32
0
96

9
56
308
8
0
68
8
77
8
20
692
10
26
8

3
38
180
2
51
8
35
6
5
515
2
1

Avg Price

Total Sales

Median Price

Avg DOM

S$/L$

382,367
422,262
434,160
523,743
303,000
361,107
495,125
476,027
1,005,000
850,000
415,250

11,471,000
35,047,750
2,170,800
7,332,400
303,000
5,055,500
3,961,000
75,212,200
1,005,000
850,000
1,661,000

345,000
387,900
390,500
423,000
303,000
335,000
475,000
415,000
1,005,000
850,000
373,000

0
41
48
48
0
51
131
63
0
35
51
6
93
50

0.00%
94.18%
95.41%
95.98%
0.00%
95.41%
96.19%
95.37%
0.00%
95.47%
96.58%
99.01%
97.14%
96.03%

0
31
44
0
0
0
2
0
14
0
53

274,606
264,167
380,000
279,964
310,302

8,512,800
11,623,350
760,000
3,919,500
16,446,010

268,000
260,000
350,000
288,000
310,000

0
53
58
0
0
0
37
0
42
0
60

0.00%
97.20%
95.69%
0.00%
0.00%
0.00%
96.26%
0.00%
96.43%
0.00%
95.58%

2
25
115
3
1
24
2
29
4
4
286
3
10
1

1
17
74
2
0
10
5
6
0
3
148
1
1
2

309,000
404,671
464,791
917,500
547,320
409,100
706,167
818,667
578,381
870,000
480,000
575,000

309,000
6,879,400
34,394,500
1,835,000
5,473,200
2,045,500
4,237,000
2,456,000
85,600,347
870,000
480,000
1,150,000

309,000
359,000
398,000
785,000
439,000
336,000
650,000
860,000
462,000
870,000
480,000
500,000

123
29
49
51
0
44
41
54
0
34
50
63
33
48

96.59%
97.88%
96.45%
91.81%
0.00%
97.62%
95.42%
94.90%
0.00%
97.33%
96.10%
96.68%
98.20%
94.81%

2
19
77
0
26
4
10
2
1
205
0
0

0
7
32
0
10
0
5
0
0
97
0
0

327,200
422,288
464,800
391,180
406,640
-

2,290,400
13,513,200
4,648,000
1,955,900
39,444,100
-

322,000
376,500
418,000
379,900
375,000
-

0
35
47
0
55
0
58
0
0
53
0
0

0.00%
97.73%
95.76%
0.00%
96.53%
0.00%
96.74%
0.00%
0.00%
97.40%
0.00%
0.00%

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

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

SW
BK-SP
BLEVL
BUNG
BUNGH
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
VILLA

NOTE: The above sales totals and median prices are for detached homes only.These figures do not include:
Residential Attached, Duplex Side by Side, Duplex Up and Down, Townhouse, or Vacant Lot.
5 of 16

CALGARY REAL ESTATE BOARD
CALGARY METRO
CONDO BY STYLE
October 2010

Style

Inventory

Listings
Added

Sales

Avg Price

Total Sales

Median Price

Avg DOM

S$/L$

254
15
2
12
31
1
0
0
2
2
3
1
13
7
0
170
6
9
6

84
3
3
8
9
0
0
0
1
2
2
0
7
1
0
59
0
2
3

42
3
0
2
8
1
0
0
0
0
0
0
4
0
0
27
1
1
1

233,163
363,000
255,750
349,938
300,000
316,125
282,037
494,900
865,000
428,000

9,792,850
1,089,000
511,500
2,799,500
300,000
1,264,500
7,614,999
494,900
865,000
428,000

223,000
425,000
196,500
370,000
300,000
272,500
262,000
494,900
865,000
428,000

61
72
0
19
48
45
0
0
0
0
0
0
48
0
0
46
42
167
17

95.36%
92.31%
0.00%
98.38%
96.62%
98.39%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
97.70%
0.00%
0.00%
96.41%
99.00%
99.54%
97.29%

48
1
0
5
12
0
0
0
0
0
0
0
5
0
0
97
0
2
2

12
0
0
1
6
0
0
0
0
0
0
0
3
0
0
39
0
1
1

14
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13
0
0
0

165,677
190,569
-

2,319,480
2,477,400
-

165,000
172,500
-

55
0
0
0
0
0
0
0
0
0
0
0
0
0
0
76
0
0
0

94.87%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
95.82%
0.00%
0.00%
0.00%

771
29
2
5
33
0
0
0
18
10
5
1
23
6
1
182
4
40
15

242
13
0
3
14
0
0
0
5
3
4
0
8
2
1
71
2
21
6

114
3
0
2
6
0
0
0
3
1
1
0
1
2
0
23
0
8
2

289,847
345,667
209,950
474,167
319,833
648,888
860,000
300,000
281,500
292,997
538,063
412,500

33,042,603
1,037,000
419,900
2,845,000
959,500
648,888
860,000
300,000
563,000
6,738,937
4,304,500
825,000

256,500
380,000
189,900
425,000
339,000
648,888
860,000
300,000
268,000
266,000
543,000
335,000

55
43
0
69
27
0
0
0
64
58
132
0
50
91
0
66
0
54
19

95.37%
96.26%
0.00%
95.48%
95.87%
0.00%
0.00%
0.00%
97.04%
98.35%
95.57%
0.00%
96.81%
97.84%
0.00%
96.52%
0.00%
95.35%
97.63%

97
1
0
1
13
0
0
0
0
1
2
2
4
0
0
57
0
4
2

33
0
0
1
5
0
0
0
0
0
2
0
1
0
0
30
0
2
2

5
0
0
0
2
0
0
0
0
0
0
2
1
0
0
14
0
1
0

216,900
267,500
379,000
355,000
251,836
356,250
-

1,084,500
535,000
758,000
355,000
3,525,700
356,250
-

214,000
210,000
323,000
355,000
255,000
356,250
-

122
0
0
0
29
0
0
0
0
0
0
53
17
0
0
44
0
40
0

96.63%
0.00%
0.00%
0.00%
97.29%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
95.97%
98.64%
0.00%
0.00%
96.77%
0.00%
97.68%
0.00%

NW
APART
APRTM
BK-SP
BLEVL
BUNG
BUNGH
BUNGS
HL-SP
LOFT
PENTH
SPLT2
SPLT3
SPLT4
SPLT5
ST1.5
ST2
ST2.5
ST3
VILLA

NE
APART
APRTM
BK-SP
BLEVL
BUNG
BUNGH
BUNGS
HL-SP
LOFT
PENTH
SPLT2
SPLT3
SPLT4
SPLT5
ST1.5
ST2
ST2.5
ST3
VILLA

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

SE
APART
APRTM
BK-SP
BLEVL
BUNG
BUNGH
BUNGS
HL-SP
LOFT
PENTH
SPLT2
SPLT3
SPLT4
SPLT5
ST1.5
ST2
ST2.5
ST3
VILLA

6 of 16

CALGARY REAL ESTATE BOARD
COMMERCIAL SUMMARY
Year to Date October 31, 2010

Type

Sold or
Leased

Sold or Avg Price or
Leased
Lse / M2 Avg DOM

BWP
IND
OFC
RET

L
L
L
L

1
13
16
4

8.61
9.41
13.78
20

28
103
113
102

AGR
BUS
BWP
IND
LAN
MFC
OFC
RET

S
S
S
S
S
S
S
S

18
61
14
42
30
12
19
18

2,263,250
89,335
512,786
518,143
985,043
832,083
608,505
495,802

111
110
166
104
166
86
124
78

Total Sales

SP / LP

40,738,500
5,449,408
7,179,000
21,762,013
29,551,300
9,985,000
11,561,590
8,924,435

85.23%
81.18%
89.55%
92.57%
90.14%
93.92%
88.52%
89.77%

Total Sales

SP / LP

Year to Date October 31, 2009

Type

Sold or
Leased

Sold or Avg Price or
Leased
Lse / M2 Avg DOM

BWP
IND
OFC
RET

L
L
L
L

1
13
16
4

8.611
9.4051
13.78025
20

28
103
113
102

AGR
BUS
BWP
IND
LAN
MFC
OFC
RET

S
S
S
S
S
S
S
S

18
2263250
61 89334.55738
14
512,786
42
518,143
30
985,043
12
832,083
19
608,505
18
495,802

111
110
166
104
166
86
124
78

40738500 0.852342
5449408 0.811843
7,179,000
89.55%
21,762,013
92.57%
29,551,300
90.14%
9,985,000
93.92%
11,561,590
88.52%
8,924,435
89.77%

7 of 16

CALGARY REAL ESTATE BOARD
SINGLE FAMILY CALGARY METRO
LONG TERM COMPARISON SUMMARY

January

2006
New Listings
Sales
Avg Price
Median
Avg DOM
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

February

March

April

May

June

July

August

September

October

November

December

YTD

1,774
1,445
339,095
305,000
25

1,966
1,804
360,917
321,000
17

2,472
2,049
381,571
339,000
14

2,197
2,040
388,585
356,000
15

2,477
2,040
415,815
375,000
14

2,757
1,948
424,585
385,800
15

2,718
1,425
418,998
384,100
18

2,585
1,341
429,855
386,000
25

2,954
1,193
426,622
383,388
28

2,513
1,241
423,870
375,000
32

1,629
1,397
408,696
375,000
38

969
1,190
405,352
368,000
43

27,011
19,113
400,398
361,000
22

2,325
1,497
432,877
380,000
38

2,206
1,942
448,557
408,000
29

3,131
2,272
479,914
427,000
24

3,100
2,086
474,250
432,000
24

3,652
1,995
487,523
435,000
25

3,315
1,757
496,890
439,000
29

2,548
1,495
505,920
435,000
35

2,837
1,314
485,914
430,000
39

3,106
1,064
470,888
420,500
40

2,586
1,113
452,254
412,500
40

1,949
1,103
462,134
407,500
46

984
846
444,769
406,788
51

31,722
18,438
472,230
421,000
33

3,023
1,083
455,297
410,000
50

2,981
1,252
471,696
428,000
39

3,493
1,418
475,513
420,000
40

3,377
1,363
474,564
420,000
40

3,432
1,368
479,564
419,000
42

2,797
1,439
473,774
408,000
46

2,559
1,313
456,380
408,500
52

2,270
1,170
440,625
398,000
52

2,631
1,152
444,048
395,000
51

2,322
820
449,100
390,000
48

1,567
670
435,471
387,300
55

836
449
417,398
380,000
61

31,259
13,455
460,327
409,000
47

2,068
550
413,049
374,700
62

2,057
825
415,568
375,000
51

2,023
1,086
420,354
375,000
48

2,010
1,290
426,311
380,000
52

2,235
1,584
436,427
390,000
45

2,244
1,837
447,142
399,000
44

2,089
1,585
436,782
390,000
43

1,910
1,277
454,130
400,000
42

1,857
1,257
459,085
399,900
40

1,819
1,285
462,465
410,000
41

1,365
1,095
464,444
408,000
42

806
799
451,349
401,000
47

22,459
14,440
442,327
392,000
45

1,822
762
441,217
398,000
43

2,154
1,035
458,254
411,000
34

2,988
1,396
471,269
423,000
33

3,082
1,352
460,378
417,000
36

2,966
1,262
483,240
420,000
38

2,733
1,061
481,964
418,900
39

1,942
915
464,655
400,000
45

1,960
867
445,617
395,000
50

2,252
958
460,278
390,000
52

1,765
888
444,744
387,900
50

23,650
10,472
462,997
409,000
41

8 of 16

CALGARY REAL ESTATE BOARD
CONDOMINIUM CALGARY METRO
LONG TERM COMPARISON SUMMARY

January

2006
New Listings
Sales
Avg Price
Median
Avg DOM
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

February

March

April

May

June

July

August

September

October

November

December

YTD

730
554
209,484
181,500
28

752
805
217,212
195,000
20

893
874
236,549
215,000
15

834
798
255,937
236,000
12

1,005
892
273,407
257,000
12

1,087
875
281,176
259,900
12

1,041
695
276,463
261,500
16

967
679
283,547
264,000
21

1,129
553
292,796
269,500
26

1,063
535
290,487
264,000
29

722
603
282,781
258,000
36

426
533
280,637
255,900
42

10,649
8,396
263,684
245,000
21

1,004
736
287,299
267,500
39

889
895
301,812
280,800
28

1,250
1,026
312,280
290,000
24

1,157
839
329,429
309,000
23

1,332
887
332,237
308,000
24

1,253
792
323,269
304,900
28

1,117
603
318,582
297,900
33

1,186
598
320,790
301,000
35

1,315
483
321,614
300,000
47

1,203
501
331,617
289,000
40

890
496
312,710
285,000
44

468
393
304,719
286,000
49

13,057
8,236
316,370
295,000
32

1,406
454
311,232
290,000
48

1,244
562
311,812
295,000
45

1,561
565
312,620
293,000
43

1,493
581
312,586
290,000
45

1,538
577
311,816
285,000
50

1,234
556
315,042
282,000
51

1,183
535
296,338
273,500
52

1,054
495
287,832
268,500
58

1,186
465
287,426
265,000
54

1,071
399
289,148
268,000
50

741
284
285,820
251,800
51

431
205
274,919
254,000
61

14,148
5,661
302,408
279,500
50

941
225
270,940
243,000
64

892
343
268,971
249,900
51

903
446
284,056
260,000
56

967
579
277,953
251,000
58

998
653
275,212
255,000
51

927
738
285,595
265,500
51

918
702
285,032
263,000
50

832
632
283,330
260,000
57

940
580
290,253
265,000
43

859
601
289,155
263,500
44

705
504
294,264
264,900
46

444
341
288,640
265,000
47

10,323
6,328
283,734
260,000
50

951
376
282,639
265,000
50

1,109
536
282,880
265,900
43

1,376
609
296,600
275,000
39

1,335
639
289,588
267,500
41

1,221
518
304,662
279,900
43

1,084
445
292,238
269,900
46

890
396
291,168
268,000
51

808
364
286,384
260,000
53

912
366
284,028
265,000
57

721
310
287,793
255,000
57

10,419
4,553
290,536
268,000
47

9 of 16

CALGARY REAL ESTATE BOARD

TOTAL MLS® 
OCTOBER 2010

Sales
Inventory
Avg Sale Price

22000

$500,000

Median Sale Price

20000

$450,000
402,055

403,679

$400,000

362,000
375,000

360,000

360,000

410,708
416,064 395,933

395,435
360,000

16000

405,850

420,693

399,661

415,031

433,248

375,000

364,500

350,000

370,000

355,000

359,000

$350,000

352,000

352,000

14000

13459

# Sales/Inventory

12989

12865

$300,000
11928

11725

12000

11349
10473

10003

$250,000

10000
$200,000

8154

7995

8000

7409
6838

$150,000

6006

6000

Average/Median Sales Price

409,823

18000

433,030

$100,000

4000
2346

2535

2000

2448

1988

1976
1428

2239

1447

1902

1683

1628

1673

1523

0

$50,000
$0

Oct-09

Nov-09

Dec-09

Jan-10

Feb-10

Mar-10

Apr-10

May-10

Jun-10

Jul-10

Aug-10

Sep-10

Oct-10

10 of 16

CALGARY REAL ESTATE BOARD

ABSORPTION RATE
TOTAL MLS® OCTOBER 2010
12

10

8

6

4

Balanced Market
2

0
Oct‐07 Dec‐07 Feb‐08 Apr‐08 Jun‐08 Aug‐08 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

11 of 16

CALGARY REAL ESTATE BOARD

TOTAL MLS® 
OCTOBER 2010
Inventory

16,000 

Sales

14,000 
12,000 
10,000 
8,000 
6,000 
4 000
4,000 
2,000 

Oct‐07 Dec‐07 Feb‐08 Apr‐08 Jun‐08 Aug‐08 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

CALGARY REAL ESTATE BOARD

TOTAL MLS® 
OCTOBER 2010
7,000 

New Listings

Sales

6,000 
5,000 
4,000 
3,000 
2,000 
1,000 

Oct‐07 Dec‐07 Feb‐08 Apr‐08 Jun‐08 Aug‐08 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

12 of 16

CALGARY REAL ESTATE BOARD

TOTAL MLS® 
OCTOBER 2010
Sales

New Listings

8,000 
7,000 
6,000 
5,000 

3,567

4,000 

3,375

2,346

3,000 

1,523

2,000 
1,000 

Oct‐09

Oct‐10

CALGARY REAL ESTATE BOARD

TOTAL MLS® INVENTORY AS OF 
OCTOBER MONTH END
20,000
18,000
16,000

10,473

14,000

7,995

12,000
10,000
8,000
6 000
6,000
4,000
2,000
0
2009

2010

13 of 16

CALGARY REAL ESTATE BOARD

CALGARY METRO
SINGLE FAMILY AVERAGE SALE PRICE

600,000

444,744

462,465

500,000
400,000
300,000
200,000
100,000
0
Oct 09

Oct 10

CALGARY REAL ESTATE BOARD

CALGARY METRO
CONDOMINIUM AVERAGE SALE PRICE

500,000
450,000
400,000

287,793

289,155

350,000
300,000
250,000
200 000
200,000
150,000
100,000
50,000
0
Oct 09

Oct 10
14 of 16

CALGARY REAL ESTATE BOARD

SURROUNDING TOWNS
AVERAGE SALE PRICE

500,000

372,900

450,000

358,848

400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
0
Oct 09

Oct 10

CALGARY REAL ESTATE BOARD

COUNTRY RESIDENTIAL (ACREAGES)
AVERAGE SALE PRICE

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

766,508
653,921

800,000
600,000
400,000
200,000
0
Oct 09

Oct 10

15 of 16

CALGARY REAL ESTATE BOARD

TOTAL MLS® SALES

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

2,346

3,000

1,523

2,500
2 000
2,000
1,500
1,000
500
0
Oct 09

Oct 10

CALGARY REAL ESTATE BOARD

METRO CONDO & SINGLE FAMILY
AS A PER CENT OF TOTAL METRO SALES

140%

Condo Sales

SF Sales

120%
26%

32%
100%
80%

74%

68%

60%
40%
20%
0%

Oct 09

Oct 10
16 of 16