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june 2011

calgary regional housing market statistics
CONDO AND HOME SALES FIND THEIR FOOTING

First year-over-year increase in monthly condominium sales
since April 2010

City of Calgary Residential Sales
City of Calgary Residential Sales
3500
3000

Calgary, July 4, 2011 – According to figures released today by CREB® (Calgary
Real Estate Board), residential sales surged in the month of June 2011 to 1,979
units. While this indicates a third more sales than June 2010, the year-todate increase proved a moderate 2 per cent. Strong monthly increases does
not imply a housing boom, as it is important to put into perspective that sales
activity remains below long term averages. While the single family market has
shown signs of improvement throughout the first half of this year, this is the
first time since April 2010 that condominium sales have recorded a year-overyear increase.
“Improved housing demand is being fueled by a younger demographic and,
with the affordability of homes in Calgary, we are continuing to see young
Calgarians pursue ownership over rentals,” says Sano Stante, president of
CREB®.

2500
2000
1500
1000
500
0

City of Calgary Residential Absorption
Mo
Months

City of Calgary Residential Absorption

10

9
8
7

“Historically, Calgary’s average family income has been higher than the
national average and a younger more mobile demographic has been attracted
to good paying professional jobs in Calgary. As the economy continues to build
momentum, we expect this same trend will support a balanced and healthy
housing market in the second half of 2011 and into 2012.”
With 581 sales for the month of June 2011, the condominium market improved
by 31 per cent over June of 2010, however year-to-date figures show a 5 per
cent decrease over the same period last year.
“Condo sales bounced back this month, and we now have less than four months
of supply on the market. Stronger condo sales, combined with a decline in
inventory, will lend more balance to this market in the months to come,” says
Stante.
After the first half of the year, average prices of condominiums are still slightly
lower than levels recorded last year, as more buyers bought condominiums
under $200,000 in 2011 compared to 2010 for the same period.
“Buyers in this market expect value and many are taking advantage of some
affordable buys in both the single family and condo markets. It highlights using
a skilled REALTOR® to properly price your home for your unique market area,”
says Stante.
The single family market recorded 1,398 sales in the month of June 2011. This
is an increase of 32 per cent when compared to June 2010 when 1,059 single
family homes sold in the city of Calgary. With a total of 7,231 sales after the first
half of the year, year-to-date single family sales are 6 per cent higher than last
year.
“While new listings are still lower than levels recorded last year, the rate of
decline has eased. With the market shifting to more balanced conditions in
recent months, sellers are feeling more confident to list their home. Overall our
absorption rate has remained relatively stable, staving off any significant rise in
prices,” says Stante.
Year-to-date average price of a single family home in Calgary is $472,330,
while the median price is $410,000, virtually unchanged over levels recorded
in the previous year. The distribution of sales by price range has not shown

6
5
4
3
2
1
0

Absorption = monthly inventory / monthly sales

Source: CREB®

any significant shift compared to last year, pointing to
continued stability in the market.
“After the first half of the year, it appears the recovery
in the housing market is starting to find its footing.
This gradual leveling has been fueled by growth in
employment, and in particular growth in full time jobs.
Improved job prospects, combined with an increase in the
number of people moving to Calgary, will give lift to our
housing market for the remainder of this year and into the
next,” says Stante.
About CREB®
CREB® is a professional body of more than 5200 licensed brokers
and registered associates, representing 243 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.
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 company’s 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 board’s website at www.creb.com.

CREB® - TOTAL MLS®
Jun-11

Jun-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 $

4,744
2,424
1,398
43
53
479,580
417,250
670,452,632
97.05%

5,991
2,729
1,059
40
50
481,160
418,000
509,548,541
96.91%

-20.81%
-11.18%
32.01%
7.51%
6.00%
-0.33%
-0.18%
31.58%
0.13%

n/a
13,933
7,231
43
53
472,330
410,000
3,415,420,673
97.01%

n/a
15,727
6,845
37
50
467,665
416,000
3,201,167,160
97.36%

n/a
-11.41%
5.64%
16.22%
6.00%
1.00%
-1.44%
6.69%
-0.35%

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 $

2,023
958
581
53
55
296,501
265,000
172,267,048
96.76%

2,626
1,086
445
47
58
294,182
270,000
130,910,802
96.69%

-22.96%
-11.79%
30.56%
13.09%
-5.17%
0.79%
-1.85%
31.59%
0.07%

n/a
5,786
2,965
52
55
288,869
263,000
856,497,953
96.72%

n/a
7,080
3,118
43
54
292,244
268,000
911,217,050
97.07%

n/a
-18.28%
-4.91%
20.93%
1.85%
-1.15%
-1.87%
-6.01%
-0.35%

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 $

3,081
955
434
68
89
360,454
338,400
156,436,850
97.17%

2,992
936
304
68
84
377,804
341,750
114,852,334
96.89%

2.97%
2.03%
42.76%
0.68%
5.95%
-4.59%
-0.98%
36.21%
0.27%

n/a
5,263
1,954
76
89
351,555
328,900
686,937,903
96.84%

n/a
5,316
2,022
65
84
361,794
338,000
731,548,077
97.01%

n/a
-1.00%
-3.36%
16.92%
5.95%
-2.83%
-2.69%
-6.10%
-0.18%

COUNTRY RESIDENTIAL (Acreages)
Month End Inventory
1,166
New Listings Added
320
Sales
67
Avg DOM Sold
82
Avg DOM Active
95
Average Sale Price
851,584
Median Price
797,000
Total Sales
57,056,100
Sales $/List $
94.81%

1,159
245
58
88
103
899,552
837,500
52,174,000
94.77%

0.60%
30.61%
15.52%
-6.36%
-7.77%
-5.33%
-4.84%
9.36%
0.03%

n/a
1,528
338
100
95
830,175
750,000
280,599,077
94.20%

n/a
1,422
329
88
103
863,658
784,000
284,143,575
94.43%

n/a
7.45%
2.74%
13.64%
-7.77%
-3.88%
-4.34%
-1.25%
-0.23%

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

697
143
15
74
167
587,058
456,190
8,805,865
88.61%

580
105
17
102
137
349,165
317,500
5,935,800
91.46%

20.17%
36.19%
-11.76%
-27.75%
21.90%
68.13%
43.68%
48.35%
-2.86%

n/a
637
92
99
167
437,831
360,000
40,280,480
90.86%

n/a
619
116
124
137
411,671
350,000
47,753,845
90.85%

n/a
2.91%
-20.69%
-20.16%
21.90%
6.35%
2.86%
-15.65%
0.01%

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

11,938
4,863
2,513
51
75
424,332
370,000
1,066,346,345
96.82%

13,459
5,150
1,897
48
67
429,376
370,000
814,526,827
96.69%

-11.30%
-5.57%
32.47%
5.82%
11.94%
-1.17%
0.00%
30.92%
0.13%

n/a
27,408
12,646
53
75
417,948
364,000
5,285,367,936
96.73%

n/a
30,471
12,511
45
67
414,263
365,000
5,182,843,757
97.02%

n/a
-10.05%
1.08%
17.78%
11.94%
0.89%
-0.27%
1.98%
-0.29%

*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
Jun-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
-

1,398

0.00%
0.86%
11.52%
16.38%
15.45%
15.45%
10.01%
7.22%
5.22%
3.43%
2.65%
4.15%
2.86%
1.22%
1.50%
1.00%
0.43%
0.29%
0.21%
0.14%
0.00%
0.00%
0.00%
100.00%

11
103
242
91
60
28
17
11
2
4
2
3
2
4
1
-

1.89%
17.73%
41.65%
15.66%
10.33%
4.82%
2.93%
1.89%
0.34%
0.00%
0.69%
0.34%
0.52%
0.00%
0.34%
0.69%
0.17%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%

12
161
229
216
216
140
101
73
48
37
58
40
17
21
14
6
4
3
2
-

Jun-10
Y.T.D.
1
86
866
1,174
1,273
1,051
733
479
352
251
209
262
174
80
92
64
23
27
18
12
3
1
-

7,231

0.01%
1.19%
11.98%
16.24%
17.60%
14.53%
10.14%
6.62%
4.87%
3.47%
2.89%
3.62%
2.41%
1.11%
1.27%
0.89%
0.32%
0.37%
0.25%
0.17%
0.04%
0.01%
0.00%
100.00%

33
601
1,271
420
291
114
89
37
28
15
21
14
16
1
5
6
1
1
1

1.11%
20.27%
42.87%
14.17%
9.81%
3.84%
3.00%
1.25%
0.94%
0.51%
0.71%
0.47%
0.54%
0.03%
0.17%
0.20%
0.03%
0.00%
0.00%
0.03%
0.00%
0.00%
0.03%

Month
-

Y.T.D.

1,059

0.00%
0.57%
10.86%
17.00%
16.53%
14.26%
10.67%
7.27%
5.29%
3.31%
2.93%
3.78%
1.98%
2.08%
1.32%
1.04%
0.57%
0.28%
0.09%
0.19%
0.00%
0.00%
0.00%
100.00%

6,845

0.01%
0.67%
10.77%
16.01%
17.31%
16.20%
10.97%
7.11%
5.26%
3.68%
2.85%
3.27%
1.91%
1.24%
1.30%
0.67%
0.28%
0.13%
0.25%
0.07%
0.00%
0.00%
0.01%
100.00%

3
64
218
73
37
19
6
7
5
4
1
2
3
3
-

0.67%
14.38%
48.99%
16.40%
8.31%
4.27%
1.35%
1.57%
1.12%
0.90%
0.22%
0.00%
0.45%
0.67%
0.67%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%

13
455
1,467
536
287
141
69
41
34
27
11
13
11
7
4
2
-

0.42%
14.59%
47.05%
17.19%
9.20%
4.52%
2.21%
1.31%
1.09%
0.87%
0.35%
0.42%
0.35%
0.22%
0.13%
0.06%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%

6
115
180
175
151
113
77
56
35
31
40
21
22
14
11
6
3
1
2
-

1
46
737
1,096
1,185
1,109
751
487
360
252
195
224
131
85
89
46
19
9
17
5
1

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

581

2,965

445

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

3,118

CREB® TOWN AND COUNTRY BY PRICE CATEGORY
Jun-11
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

Jun-10

Month
7
44
115
73
79
45
24
11
5
5
3
5
5
7
4
1
1
-

434

1.61%
10.14%
26.50%
16.82%
18.20%
10.37%
5.53%
2.53%
1.15%
1.15%
0.69%
1.15%
1.15%
1.61%
0.92%
0.23%
0.00%
0.00%
0.23%
0.00%
0.00%
0.00%
0.00%
100.00%

Y.T.D.
42
232
512
348
277
208
120
67
31
18
24
19
15
14
13
11
1
1
1
-

1,954

2.15%
11.87%
26.20%
17.81%
14.18%
10.64%
6.14%
3.43%
1.59%
0.92%
1.23%
0.97%
0.77%
0.72%
0.67%
0.56%
0.05%
0.00%
0.05%
0.05%
0.00%
0.00%
0.00%
100.00%

Month
4
36
72
44
42
31
23
15
11
5
3
9
2
2
3
1
1
-

304

1.32%
11.84%
23.68%
14.47%
13.82%
10.20%
7.57%
4.93%
3.62%
1.64%
0.99%
2.96%
0.66%
0.66%
0.99%
0.00%
0.00%
0.33%
0.33%
0.00%
0.00%
0.00%
0.00%
100.00%

Y.T.D.
38
207
487
353
324
221
117
95
39
34
24
28
17
16
12
6
1
2
1
-

2,022

1.88%
10.24%
24.09%
17.46%
16.02%
10.93%
5.79%
4.70%
1.93%
1.68%
1.19%
1.38%
0.84%
0.79%
0.59%
0.30%
0.05%
0.10%
0.05%
0.00%
0.00%
0.00%
0.00%
100.00%

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
3
4
5
1
2
2
5
4
2
5
4
4
15
5
2
2
1
-

67

0.00%
1.49%
4.48%
5.97%
7.46%
1.49%
2.99%
2.99%
7.46%
5.97%
2.99%
7.46%
5.97%
5.97%
22.39%
7.46%
2.99%
2.99%
1.49%
0.00%
0.00%
0.00%
0.00%

1
10
27
11
12
12
6
13
19
13
20
40
32
24
54
18
9
5
8
4
-

338

0.30%
2.96%
7.99%
3.25%
3.55%
3.55%
1.78%
3.85%
5.62%
3.85%
5.92%
11.83%
9.47%
7.10%
15.98%
5.33%
2.66%
1.48%
2.37%
1.18%
0.00%
0.00%
0.00%

1
2
1
4
3
1
3
2
3
7
9
4
7
5
2
3
1
-

58

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

0.00%
1.72%
3.45%
0.00%
1.72%
6.90%
5.17%
1.72%
5.17%
3.45%
5.17%
12.07%
15.52%
6.90%
12.07%
8.62%
3.45%
5.17%
0.00%
1.72%
0.00%
0.00%
0.00%

1
7
13
13
8
9
15
8
15
20
19
37
47
26
37
25
11
8
6
3
1
-

329

0.30%
2.13%
3.95%
3.95%
2.43%
2.74%
4.56%
2.43%
4.56%
6.08%
5.78%
11.25%
14.29%
7.90%
11.25%
7.60%
3.34%
2.43%
1.82%
0.91%
0.00%
0.30%
0.00%

CALGARY REAL ESTATE BOARD
CALGARY METRO
SINGLE FAMILY BY STYLE
June 2011
Style

Inventory

Listings
Added

Sales

4
134
372
13
99
11
76
8
27
862
8
10
2

2
77
192
5
54
7
46
4
18
420
3
1
1

6
165
221
2
11
6
88
2
327

Avg Price

Total Sales

2
34
119
4
32
1
27
2
7
257
1
1
1

370,750
371,829
447,487
530,000
491,424
975,000
385,812
370,000
464,400
526,274
525,000
1,175,000
475,000

741,500
12,642,200
53,250,950
2,120,000
15,725,560
975,000
10,416,920
740,000
3,250,800
135,252,291
525,000
1,175,000
475,000

3
76
99
1
4
4
43
1
138

1
33
52
1
7
3
21
0
72

240,000
265,439
278,201
325,000
340,286
259,133
290,414
288,714

5
42
276
10
1
1
70
10
63
10
28
752
12
30
12

5
25
160
5
0
1
37
7
28
5
13
380
4
13
5

2
19
96
0
0
0
15
2
13
2
6
235
3
4
2

3
39
187
3
57
5
45
3
6
517
2
2

1
25
117
1
29
4
25
0
3
291
1
0

1
19
84
0
26
3
15
0
1
157
0
0

Median Price

Avg DOM

S$/L$

321,500
360,000
420,000
425,000
459,000
975,000
375,000
340,000
445,000
460,000
525,000
1,175,000
475,000

15
37
40
35
47
24
40
17
28
42
27
48
126

97.59%
97.11%
97.35%
93.87%
97.00%
97.51%
96.90%
96.76%
97.09%
97.40%
97.24%
97.92%
93.16%

240,000
8,759,500
14,466,450
325,000
2,382,000
777,400
6,098,700
20,787,377

240,000
265,000
270,000
325,000
329,000
254,900
300,000
286,000

40
37
44
19
43
20
41
0
47

96.39%
95.43%
96.33%
101.59%
96.43%
98.31%
97.02%
0.00%
96.95%

548,000
348,711
565,387
571,233
476,250
558,385
765,000
753,500
613,647
1,411,667
1,038,875
582,420

1,096,000
6,625,500
54,277,160
8,568,500
952,500
7,259,000
1,530,000
4,521,000
144,206,970
4,235,000
4,155,500
1,164,839

321,000
335,000
470,000
497,500
395,000
388,000
530,000
456,000
538,000
1,450,000
875,000
569,839

72
38
30
0
0
0
33
158
53
25
37
44
85
111
18

93.76%
96.79%
97.62%
0.00%
0.00%
0.00%
97.08%
96.71%
95.71%
98.72%
94.89%
96.70%
97.97%
96.11%
99.59%

640,000
356,177
416,928
604,442
377,000
425,017
295,000
440,786
-

640,000
6,767,356
35,021,971
15,715,500
1,131,000
6,375,250
295,000
69,203,438
-

640,000
335,000
381,000
495,000
361,000
380,000
295,000
408,000
-

100
49
39
0
52
68
59
0
7
44
0
0

96.26%
96.72%
97.27%
0.00%
96.51%
97.60%
97.26%
0.00%
95.19%
97.34%
0.00%
0.00%

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

NE
BK-SP
BLEVL
BUNG
BUNGH
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
ST3
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.

CALGARY REAL ESTATE BOARD
CALGARY METRO
CONDO BY STYLE
June 2011

Style

Inventory

Listings
Added

Sales

250
17
0
11
27
1
1
1
3
4
11
5
177
1
19
3

133
5
0
7
17
0
1
0
2
1
7
2
88
0
7
1

98
5
0
1
7
0
0
0
1
1
5
2
51
1
5
5

262,186
289,600
200,000
293,714
415,000
430,500
318,900
195,000
305,717
257,000
439,900
317,100

25,694,269
1,448,000
200,000
2,056,000
415,000
430,500
1,594,500
390,000
15,591,550
257,000
2,199,500
1,585,500

77
1
1
10
2
1
4
76
4
2

39
1
1
5
1
1
2
24
2
0

14
0
4
5
0
0
1
16
0
0

140,931
124,225
176,600
237,500
180,047
-

708
30
12
40
1
27
17
7
2
23
4
171
3
48
10

334
13
5
16
0
9
3
5
0
9
1
98
2
17
3

182
8
3
15
0
2
2
1
0
5
5
57
4
8
5

95
2
3
11
1
1
2
1
9
70
1
4

37
1
0
5
0
1
1
1
5
39
1
1

29
1
0
6
0
0
1
0
3
18
1
1

Avg Price

Total Sales

Median Price

Avg DOM

S$/L$

243,600
235,000
200,000
310,000
415,000
430,500
317,500
90,000
295,500
257,000
377,000
284,000

47
103
0
91
33
0
0
0
151
15
55
40
48
196
34
65

96.63%
98.59%
0.00%
96.20%
100.00%
0.00%
0.00%
0.00%
93.28%
97.95%
95.85%
96.11%
97.39%
95.26%
96.38%
95.95%

1,973,040
496,900
883,000
237,500
2,880,750
-

148,000
109,500
168,000
237,500
177,000
-

79
0
30
57
0
0
68
56
0
0

94.77%
0.00%
97.58%
95.79%
0.00%
0.00%
96.94%
95.89%
0.00%
0.00%

287,615
325,688
165,000
331,380
416,500
793,000
850,000
291,900
409,800
335,430
538,500
782,938
535,380

52,345,850
2,605,500
495,000
4,970,700
833,000
1,586,000
850,000
1,459,500
2,049,000
19,119,531
2,154,000
6,263,500
2,676,900

270,000
309,500
145,000
315,000
298,000
176,000
850,000
282,500
385,000
295,000
395,000
570,000
540,000

49
87
97
35
0
56
16
54
0
58
84
44
40
81
121

96.85%
94.78%
93.59%
97.02%
0.00%
96.87%
95.84%
97.76%
0.00%
96.62%
97.19%
97.43%
97.13%
94.73%
96.65%

249,581
300,000
312,067
246,000
308,333
270,600
333,000
285,000

7,237,858
300,000
1,872,400
246,000
925,000
4,870,800
333,000
285,000

232,000
300,000
326,900
246,000
273,000
265,000
333,000
285,000

61
14
0
63
0
0
81
0
144
48
39
98

96.53%
98.39%
0.00%
97.75%
0.00%
0.00%
97.66%
0.00%
95.49%
96.49%
98.09%
95.03%

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

NE
APART
APRTM
BLEVL
BUNG
SPLT2
SPLT3
SPLT4
ST2
ST3
VILLA

SW
APART
APRTM
BLEVL
BUNG
BUNGS
LOFT
PENTH
SPLT2
SPLT3
SPLT4
SPLT5
ST2
ST2.5
ST3
VILLA

SE
APART
APRTM
BLEVL
BUNG
LOFT
PENTH
SPLT2
SPLT3
SPLT4
ST2
ST3
VILLA

CREB® - COMMERCIAL SUMMARY
Year to Date
30-Jun-11
Sold or
Leased

Avg Price or
Lse / M2

Type

Sold or
Leased

IND
OFC
RET

L
L
L

15
15
8

8.85
13.65
17.94

67
97
96

AGR
BUS
BWP
IND

S
S
S
S

4
43
11
12

641,000
97,073
846,563
562,842

LAN
MFC
OFC

S
S
S

9
16
9

RET

S

16

Avg DOM

Total Sales

SP / LP

25
124
168
131

2,564,000
4,174,149
9,312,190
6,754,100

93.03%
81.29%
90.57%
88.36%

954,375
849,500
502,867

154
58
143

7,635,000
13,592,000
4,525,800

77.22%
96.30%
74.30%

797,538

157

10,368,000

90.35%

Avg DOM

Total Sales

SP / LP

29,288,500
3,214,508
2,504,000
17,774,013
17,847,800

85.65%
81.30%
90.67%
92.52%
89.72%

9,133,000
9,521,400
6,227,835

94.81%
89.58%
87.76%

Year to Date
30-Jun-10

Type

IND
OFC
RET
AGR
BUS
BWP
IND
LAN
MFC
OFC
RET

Sold or
Leased

L
L
L
S
S
S
S
S
S
S
S

Sold or
Leased

Avg Price or
Lse / M2

9
11
4
15
35
7
37
20
11
13
10

9.111
12.827181
18.50075
1,952,567
91,843
357,714
480,379
892,390
830,273
732,415
622,784

110
107
88
116
96
221
107
153
89
103
69

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

3

4

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

1,763
887
444,936
389,000
51

1,315
890
455,596
399,900
53

743
733
441,364
389,000
59

25,698
12,091
461,132
406,000
43

1,963
784
453,845
390,000
57

2,267
1,169
461,759
400,000
45

2,432
1,352
461,541
399,500
39

2,294
1,216
479,393
420,000
41

2,553
1,312
489,643
423,000
41

2,424
1,398
479,580
417,250
43

4,495
1,612
426,507
399,500
52

0
0

0
0

0
0

0
0

0
0

13,933
7,231
472,330
410,000
43

**Year-to-date and monthly statistics will accurately reflect our database, reflecting up-to-date changes that naturally occur.

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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

3

4

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
282,500
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

942
580
290,256
265,000
43

860
599
289,786
263,500
45

706
503
294,600
265,000
46

443
339
289,605
265,000
48

10,320
6,321
283,620
270,000
50

951
375
282,737
265,000
50

1,109
536
282,880
265,950
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

722
307
287,808
256,500
58

634
310
284,667
254,150
58

369
318
283,059
260,000
62

11,423
5,177
289,890
266,500
48

871
302
288,291
255,000
62

971
465
290,548
267,500
53

999
581
280,781
256,000
50

971
534
289,334
260,000
54

1,016
502
287,697
269,250
50

958
581
296,501
265,000
53

1,581
713
264,778
256,000
54

0
0

0
0

0
0

0
0

0
0

5,786
2,965
288,869
263,000
52

**Year-to-date and monthly statistics will accurately reflect our database, reflecting up-to-date changes that naturally occur.

#N/A
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#N/A
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CREB ® TOTAL MLS®

Sales
Inventory
Avg Sale Price

22,000

$500,000

Median Sale Price

20,000
429,376

424,871
410,707

390,124

411,295

401,941

409,579

369,000

360,000
370,000

362,000

350,000

360,000

359,000

355,000

371,000

370,000

$350,000

360,000

350,000

344,900

$400,000

410,063

13459
12865

$300,000
11928

12,000

11938

11650

11349
10855

10473

$250,000

10043

10,000

9439
8929

$200,000

8070

8,000

7189

$150,000

6,000

$100,000

4,000
2,000

1897

1679

1620

1672

1519

1964
1495

1283

2344

2173

2311

2513

$50,000

1341

0

$0
Jun-10

Jul-10

Aug-10

Sep-10

Oct-10

Nov-10 Dec-10

Jan-11

Feb-11

Mar-11

Apr-11

May-11

Jun-11

Average/Median Sales Price

396,255

416,200

16,000

# Sales/Inventory

424,332

403,994

18,000

14,000

$450,000

428,895

CREB® ABSORPTION RATE
TOTAL MLS®
12

10

8

6

4

Balanced Market

2

0
Absorption Rate = Inventory / Sales

CREB® TOTAL MLS®
16,000

Inventory

Sales

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

CREB® TOTAL MLS®
7,000

New Listings

Sales

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

CREB® TOTAL MLS®

Sales

New Listings

8,000
7,000

5,150

6,000

4,863

5,000
4,000

2,513
1,897

3,000
2,000
1,000
0

Jun-10

Jun-11

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

13,459
11,938

16,000
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
Jun-10

Jun-11

CREB® - CALGARY METRO
SINGLE FAMILY AVERAGE SALE PRICE

479,580
600,000

481,160

500,000
400,000
300,000
200,000
100,000
0
Jun-10

Jun-11

CREB® - CALGARY METRO
CONDOMINIUM AVERAGE SALE PRICE

500,000
450,000
400,000

296,501

294,182

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

Jun-11

CREB® - SURROUNDING TOWNS
AVERAGE SALE PRICE

500,000

377,804

450,000

360,454

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

Jun-11

CREB® - COUNTRY RESIDENTIAL (ACREAGES)
AVERAGE SALE PRICE

1,400,000
1,200,000

899,552

851,584

1,000,000
800,000
600,000
400,000
200,000
0
Jun-10

Jun-11

CREB® - TOTAL MLS® SALES

5,000
4,500
4,000

2,513

3,500
3,000

1,897

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

Jun-11

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

140%

Condo Sales

SF Sales

120%
30%

29%

70%

71%

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

Jun-10

Jun-11

Condominium Sales By Price Range
60%

50%

43%

40%

30%

31%

20%

21%

10%
5%

0%
> $199,999

$200,000 - $299,999
2007

$300,000 - $499,999
2008

2009

2010

$500,000+

YTD 2011

Source: CREB®

Single Family Sales By Price Range

40%
35%

34%
30%
25%
25%
20%
18%

15%
13%

10%

10%

5%
0%
> $299,999

$300,000 - $399,999

$400,000 - $499,999
2007

2008

2009

2010

$500,000 - $699,999
YTD 2011

$700,000 +
Source: CREB®

City of Calgary Residential Absorption

Mo
Months

10
9
8
7
6
5
4
3
2
1
0

Absorption = monthly inventory / monthly sales

Source: CREB®

City of Calgary Residential Sales
3,500

3,000

2,500

2,000

1,500

1,000

500

-