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september 2011

calgary regional housing market statistics


HOMEBUYERS CONFIDENCE HOLDS STEADY DESPITE
GLOBAL TURMOIL

City of Calgary Single Family and Condominium Sales

CITY OF CALGARY SINGLE FAMILY AND CONDOMINIUM SALES YEAR TO DATE

Sales gain momentum in the first three quarters of 2011


Calgary, October 3, 2011 According to figures released today by CREB
(Calgary Real Estate Board), residential sales continued to gain momentum
in Calgary this year, totaling 14,832 after the first three quarters, a seven per
cent per cent rise over last year.
Despite recent turmoil in the global economy, Calgarians are showing
confidence in the long term prospects for the city and are taking advantage
of affordable and stable home prices, says Bob Jablonski, president-elect
of CREB.
Undoubtedly, there are a lot of unknowns in the worlds current financial
situation, but Calgary and Alberta may be relatively safe havens amidst
this uncertainty. Granted, gains in the housing market have been very
gradualbut we are seeing signs of improvements. Our provinces growth
is expected to outperform the national average, and this will help buoy
consumer confidence in Calgary and Alberta.
Single family home sales totaled 1,036 for the month of September, 2011,
an eight per cent increase over last September. Year-to-date sales totaled
10,518 units a 10 per cent increase over last year. Monthly gains in listings
brings inventory to 4,753 units, a level still lower than the previous year.
Clearly there is a market for well priced listings. In particular, we are
seeing strength in detached single family home sales. Relative affordability
in this market has meant these homes are selling faster than condominiums
and townhouses, says Jablonski.
And single family homes are selling closer to asking pricesuggesting that
homes will move in this market, when priced right, added Jablonski.
The average price of single family homes for the month of September, 2011
was $466,167, while the median price was $400,000. Jablonski indicated
that while prices have marginally improved compared to September 2010
figures, on a year-to-date bases both the average price and median price
have remained relatively stable.
After the first three quarters of this year, condominium sales totaled
4,314, a two per cent rise over the same period last year. While the
increase is modest, it is a move in the right direction, noted Jablonski,
adding that a boost in condominium sales, along with a lower number of
listings is helping to tighten this market. At the end of September, 2011,
condominium inventories totaled 2,008 units compared to 2,204 units
recorded in September 2010.
Average condominium prices reached $299,508 in September, 2011,
appearing to record a significant increase. However, the increase in price
is not caused by a general price rise, but has been pushed up by a $4 million
plus sale. In fact, both the median price of $260,000 and the year-to-date
figures continue to trend lower than figures recorded last year.
The recent news of financial turmoil may be a shot across the bow for the
world economy, but Calgary and Alberta are relatively safe harbours in the
storm, concludes Jablonski.

City of Calgary Average Days on Market Year to Date 2011


CITY OF CALGARY AVERAGE DAYS ON MARKET YEAR TO DATE 2011
56

52

48

44

40

Det ached
DOM

Apartment

Row/Townhouse
Source: CREB

Calgary continues to add full-time jobs to the economy,


and migration is moving in the right direction. These
are positive factors that will give momentum to our
housing market and give wind to the sails of Calgarys
economy.
About CREB
CREB is a professional body of more than 5,000 licensed brokers and
registered associates, representing 248 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 is a registered trademark of the Calgary Real Estate Board
Cooperative. The trademarks MLS and Multiple Listing Service are
owned by the Canadian Real Estate Association (CREA) and identify the
quality of services provided by real estate professionals who are members
of CREA. The trademarks REALTOR and REALTORS are controlled by
CREA and identify real estate professionals who are members of CREA,
and subsequently the Alberta Real Estate Association and CREB, used
under licence.

CREB - TOTAL MLS


Sep-11

Sep-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 $

4,753
2,327
1,036
48
54
466,167
400,000
482,948,896
96.78%

4,880
2,252
957
53
56
460,329
390,000
440,535,158
96.11%

-2.60%
3.33%
8.25%
-9.21%
-3.57%
1.27%
2.56%
9.63%
0.67%

n/a
20,406
10,518
45
54
467,907
408,000
4,921,440,878
96.99%

n/a
21,877
9,581
40
56
464,658
410,000
4,451,885,056
97.07%

n/a
-6.72%
9.78%
12.50%
-3.57%
0.70%
-0.49%
10.55%
-0.07%

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 $

2,008
900
429
58
58
299,508
260,000
128,489,042
96.42%

2,204
920
366
57
60
284,028
265,000
103,954,075
95.60%

-8.89%
-2.17%
17.21%
0.72%
-3.33%
5.45%
-1.89%
23.60%
0.82%

n/a
8,379
4,314
53
58
289,256
262,500
1,247,848,756
96.71%

n/a
9,698
4,241
46
60
290,953
268,500
1,233,929,604
96.79%

n/a
-13.60%
1.72%
15.22%
-3.33%
-0.58%
-2.23%
1.13%
-0.08%

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 $

3,000
729
314
88
99
365,612
345,000
114,802,318
96.26%

2,546
670
271
89
104
363,507
339,000
98,510,304
95.99%

17.83%
8.81%
15.87%
-0.41%
-4.81%
0.58%
1.77%
16.54%
0.27%

n/a
7,686
2,950
78
99
354,728
332,000
1,046,448,249
96.77%

n/a
7,342
2,886
69
104
363,036
336,900
1,047,721,470
96.78%

n/a
4.69%
2.22%
13.04%
-4.81%
-2.29%
-1.45%
-0.12%
-0.01%

COUNTRY RESIDENTIAL (Acreages)


Month End Inventory
1,123
New Listings Added
228
Sales
70
Avg DOM Sold
122
Avg DOM Active
112
Average Sale Price
770,822
Median Price
666,500
Total Sales
53,957,555
Sales $/List $
93.16%

1,070
174
48
86
119
740,890
700,000
35,562,700
92.71%

4.95%
31.03%
45.83%
41.81%
-5.88%
4.04%
-4.79%
51.73%
0.45%

n/a
2,238
530
102
112
822,556
750,000
435,954,511
94.05%

n/a
2,047
473
88
119
843,180
755,000
398,824,274
94.11%

n/a
9.33%
12.05%
15.91%
-5.88%
-2.45%
-0.66%
9.31%
-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 $

705
66
22
117
196
413,568
299,750
9,098,500
91.96%

536
53
17
117
163
425,241
321,300
7,229,100
91.84%

31.53%
24.53%
29.41%
-0.40%
20.25%
-2.75%
-6.71%
25.86%
0.12%

n/a
905
145
116
196
468,240
360,000
67,894,820
90.24%

n/a
850
165
126
163
404,989
335,000
66,823,130
91.42%

n/a
6.47%
-12.12%
-7.94%
20.25%
15.62%
7.46%
1.60%
-1.18%

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

11,784
4,283
1,885
61
82
419,632
365,000
791,006,311
96.32%

11,349
4,104
1,672
62
79
410,707
355,000
686,702,688
95.78%

3.83%
4.36%
12.74%
-1.20%
3.80%
2.17%
2.82%
15.19%
0.54%

n/a
39,980
18,564
54
82
416,383
364,000
7,729,725,914
96.68%

n/a
42,236
17,481
49
79
412,451
362,000
7,210,062,535
96.74%

n/a
-5.34%
6.20%
10.20%
3.80%
0.95%
0.55%
7.21%
-0.07%

*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


Sep-11
Month

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

1,036

0.00%
0.87%
15.25%
16.60%
16.70%
14.77%
8.20%
5.60%
4.44%
3.57%
3.67%
3.67%
1.74%
1.06%
1.83%
1.25%
0.39%
0.00%
0.00%
0.39%
0.00%
0.00%
0.00%
100.00%

3
86
184
53
37
17
15
8
8
6
1
3
2
2
2
2
-

0.70%
20.05%
42.89%
12.35%
8.62%
3.96%
3.50%
1.86%
1.86%
1.40%
0.23%
0.70%
0.47%
0.47%
0.47%
0.47%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%

9
158
172
173
153
85
58
46
37
38
38
18
11
19
13
4
4
-

Sep-10
Y.T.D.
1
127
1,327
1,703
1,843
1,527
1,060
695
503
363
314
374
234
108
141
93
29
32
21
18
3
2
-

10,518

0.01%
1.21%
12.62%
16.19%
17.52%
14.52%
10.08%
6.61%
4.78%
3.45%
2.99%
3.56%
2.22%
1.03%
1.34%
0.88%
0.28%
0.30%
0.20%
0.17%
0.03%
0.02%
0.00%
100.00%

44
879
1,846
610
409
164
139
58
42
28
27
22
21
3
10
9
1
1
1

1.02%
20.38%
42.79%
14.14%
9.48%
3.80%
3.22%
1.34%
0.97%
0.65%
0.63%
0.51%
0.49%
0.07%
0.23%
0.21%
0.02%
0.00%
0.00%
0.02%
0.00%
0.00%
0.02%

Month
19
126
187
176
131
88
60
42
21
22
21
14
16
9
10
6
4
2
2
1
-

Y.T.D.

957

0.00%
1.99%
13.17%
19.54%
18.39%
13.69%
9.20%
6.27%
4.39%
2.19%
2.30%
2.19%
1.46%
1.67%
0.94%
1.04%
0.63%
0.42%
0.21%
0.21%
0.00%
0.10%
0.00%
100.00%

1
85
1,100
1,581
1,696
1,507
1,018
671
478
324
256
296
183
110
122
70
33
16
21
10
1
2

9,581

0.01%
0.89%
11.48%
16.50%
17.70%
15.73%
10.63%
7.00%
4.99%
3.38%
2.67%
3.09%
1.91%
1.15%
1.27%
0.73%
0.34%
0.17%
0.22%
0.10%
0.00%
0.01%
0.02%
100.00%

4
67
173
49
37
14
8
2
1
5
2
1
2
1
-

1.09%
18.31%
47.27%
13.39%
10.11%
3.83%
2.19%
0.55%
0.27%
1.37%
0.55%
0.27%
0.55%
0.00%
0.27%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%

25
642
2,008
706
386
187
91
50
43
35
15
17
14
8
9
4
1
-

0.59%
15.14%
47.35%
16.65%
9.10%
4.41%
2.15%
1.18%
1.01%
0.83%
0.35%
0.40%
0.33%
0.19%
0.21%
0.09%
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

429

4,314

366

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

4,241

CREB TOWN AND COUNTRY BY PRICE CATEGORY


Sep-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

8
32
66
55
52
47
13
12
5
8
2
7
4
1
2
-

314

2.55%
10.19%
21.02%
17.52%
16.56%
14.97%
4.14%
3.82%
1.59%
2.55%
0.64%
2.23%
1.27%
0.00%
0.00%
0.32%
0.64%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
100.00%

Sep-10
Y.T.D.
62
327
748
528
434
334
169
104
58
31
40
36
25
17
17
15
3
1
1
-

2,950

2.10%
11.08%
25.36%
17.90%
14.71%
11.32%
5.73%
3.53%
1.97%
1.05%
1.36%
1.22%
0.85%
0.58%
0.58%
0.51%
0.10%
0.00%
0.03%
0.03%
0.00%
0.00%
0.00%
100.00%

1
17
36
15
20
21
16
23
31
24
30
58
58
39
74
27
13
8
12
5
2
-

0.19%
3.21%
6.79%
2.83%
3.77%
3.96%
3.02%
4.34%
5.85%
4.53%
5.66%
10.94%
10.94%
7.36%
13.96%
5.09%
2.45%
1.51%
2.26%
0.94%
0.38%
0.00%
0.00%

Month
4
22
69
49
39
36
20
6
7
4
5
2
3
2
2
1
-

271

Y.T.D.

1.48%
8.12%
25.46%
18.08%
14.39%
13.28%
7.38%
2.21%
2.58%
1.48%
1.85%
0.74%
1.11%
0.74%
0.74%
0.37%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
100.00%

59
295
699
508
443
318
169
125
62
50
33
41
28
22
15
10
4
2
3
-

2,886

2.04%
10.22%
24.22%
17.60%
15.35%
11.02%
5.86%
4.33%
2.15%
1.73%
1.14%
1.42%
0.97%
0.76%
0.52%
0.35%
0.14%
0.07%
0.10%
0.00%
0.00%
0.00%
0.00%
100.00%

4.17%
0.00%
8.33%
4.17%
4.17%
0.00%
6.25%
6.25%
2.08%
10.42%
2.08%
14.58%
12.50%
6.25%
8.33%
6.25%
0.00%
0.00%
4.17%
0.00%
0.00%
0.00%
0.00%

3
9
20
18
12
10
29
14
21
29
26
59
65
36
48
35
16
9
9
4
1
-

0.63%
1.90%
4.23%
3.81%
2.54%
2.11%
6.13%
2.96%
4.44%
6.13%
5.50%
12.47%
13.74%
7.61%
10.15%
7.40%
3.38%
1.90%
1.90%
0.85%
0.00%
0.21%
0.00%

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

3
3
1
2
2
6
6
5
5
5
6
6
5
7
4
1
3
-

70

0.00%
4.29%
4.29%
1.43%
2.86%
2.86%
8.57%
8.57%
7.14%
7.14%
7.14%
8.57%
8.57%
7.14%
10.00%
5.71%
1.43%
0.00%
4.29%
0.00%
0.00%
0.00%
0.00%

530

2
4
2
2
3
3
1
5
1
7
6
3
4
3
2
-

48

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

473

CREB
CALGARY METRO
SINGLE FAMILY BY STYLE
September 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

1
104
362
12
1
2
89
10
82
7
22
906
11
11
3

2
53
196
8
1
0
41
4
43
4
14
460
6
4
1

0
27
92
4
0
0
21
2
27
2
9
199
2
1
1

6
123
222
1
13
13
91
3
296

2
59
85
1
6
6
37
2
128

7
51
324
14
1
1
61
13
76
15
25
791
12
33
12
4
41
188
1
52
5
36
2
5
488
3
1

365,074
440,569
344,625

9,856,988
40,532,350
1,378,500

336,000
389,900
345,000

48 96.49%
35 96.82%
92 95.76%

519,814
303,050
406,815
773,500
380,728
502,028
2,072,500
742,500
525,000

10,916,100
606,100
10,984,000
1,547,000
3,426,555
99,903,519
4,145,000
742,500
525,000

470,800
295,000
373,000
527,000
359,000
440,000
1,505,000
742,500
525,000

2
27
44
0
6
2
17
1
50

288,000
264,863
274,789

576,000
7,151,300
12,090,720

240,000
267,000
263,000

30 97.17%
39 95.68%
49 96.00%

377,400
231,000
286,547
420,000
282,122

2,264,400
462,000
4,871,300
420,000
14,106,099

305,000
191,000
280,000
420,000
262,900

38
24
71
11
57

96.58%
98.34%
95.97%
97.70%
96.43%

7
23
172
5
0
0
37
3
31
5
8
395
6
14
8

5
12
70
2
0
0
16
1
15
2
5
145
1
1
5

325,578
354,692
492,847
902,500

1,627,888
4,256,300
34,499,300
1,805,000

320,000
320,000
430,000
555,000

37
43
39
122

97.44%
96.69%
96.55%
92.19%

696,813
484,000
385,183
510,000
1,002,500
631,197
690,000
875,000
568,061

11,149,000
484,000
5,777,750
1,020,000
5,012,500
91,523,605
690,000
875,000
2,840,306

640,000
484,000
365,000
405,000
765,000
542,500
690,000
875,000
520,000

34
43
38
120
54
49
14
222
37

97.25%
96.99%
97.03%
96.69%
92.15%
96.62%
96.50%
97.67%
98.49%

4
17
97
0
27
3
20
0
2
243
0
1

1
14
44
1
7
0
13
0
1
136
0
1

356,275
340,214
484,250
610,000
547,929

356,275
4,763,000
21,307,000
610,000
3,835,500

356,275
340,000
402,500
610,000
435,500

17
57
47
78
62

97.64%
96.60%
96.01%
98.40%
98.01%

370,673

4,818,750

376,500

67 96.68%

460,000
420,215

460,000
57,149,291

460,000
390,000

79 93.31%
56 97.44%

500,000

500,000

500,000

8 98.04%

40
31
45
54
38
46
63
57
22

96.62%
98.58%
97.01%
90.26%
96.32%
97.47%
94.20%
97.07%
97.24%

NE
BK-SP
BLEVL
BUNG
BUNGS
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

CREB
CALGARY METRO
CONDOMINIUM BY STYLE
September 2011
Style
NW
APART
APRTM
BLEVL
BUNG
PENTH
SPLT2
SPLT3
SPLT4
SPLT5
ST2
ST3
VILLA
NE
APART
APRTM
BLEVL
BUNG
SPLT2
SPLT4
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
SPLT2
SPLT4
SPLT5
ST2
ST2.5
ST3
VILLA

Listings Added

Inventory

Sales

Avg Price

Total Sales Median Price Avg DOM S$/L$

273
11
16
23
2
3
3
17
1
141
16
3

134
3
5
13
2
1
1
8
1
65
9
4

42
0
1
9
0
1
1
4
0
34
4
3

233,214

9,795,000

220,000

55 95.81%

198,500
301,972

198,500
2,717,750

198,500
320,000

36 93.19%
37 98.29%

322,500
368,000
309,750

322,500
368,000
1,239,000

322,500
368,000
290,000

18 97.76%
145 98.19%
47 96.65%

282,324
384,625
420,000

9,599,000
1,538,500
1,260,000

270,000
337,500
450,000

51 96.37%
56 98.14%
32 96.64%

80
3
6
8
2
4
79
1
3
1

21
1
5
3
0
1
25
0
0
1

8
0
2
1
0
1
13
0
2
0

165,300

1,322,400

155,000

100 95.72%

145,000
218,000

290,000
218,000

140,000
218,000

21 96.73%
110 94.78%

187,000
183,300

187,000
2,382,900

187,000
185,000

94 93.50%
48 95.96%

206,450

412,900

143,000

36 96.07%

721
22
1
11
29
1
22
17
3
2
12
4
1
220
2
43
12

321
8
0
8
13
1
6
4
1
0
6
1
0
107
2
19
7

154
8
0
3
4
1
3
3
1
0
12
2
0
47
3
9
6

287,645
312,125

44,297,286
2,497,000

250,000
316,500

58 95.87%
56 97.56%

275,000
377,875
490,000
456,667
634,000
320,000

825,000
1,511,500
490,000
1,370,000
1,902,000
320,000

310,000
292,500
490,000
425,000
560,000
320,000

304,625
343,000

3,655,500
686,000

285,000
296,000

57 97.03%
73 95.62%

346,581
418,500
794,586
461,500

16,289,291
1,255,500
7,151,270
2,769,000

306,000
347,500
875,000
390,000

50
95
62
66

82
1
2
9
2
3
0
68
1
3
2

44
0
2
4
2
1
0
26
1
3
2

15
0
0
3
0
4
1
16
0
0
1

228,667

3,430,000

225,000

55 96.31%

236,183

708,550

252,000

66 97.38%

280,250
206,500
277,925

1,121,000
206,500
4,446,807

257,000
206,500
250,000

63 96.75%
75 96.09%
51 97.34%

305,000

305,000

305,000

17 98.42%

45
31
225
75
69
37

97.41%
97.78%
96.65%
97.30%
92.79%
98.46%

97.62%
95.14%
95.89%
97.25%

CREB - COMMERCIAL SUMMARY


Year to Date
30-Sep-11
Sold or
Leased

Avg Price or
Lse / M2

Type

Sold or
Leased

BUS
IND
OFC

L
L
L

1
19
18

4.49
8.68
13.34

44
70
112

RET
AGR
BUS
BWP
IND

L
S
S
S
S

13
10
63
18
25

17
970,400
90,140
867,538
728,629

LAN
MFC
OFC
RET

S
S
S
S

11
25
17
26

1,053,500
1,151,680
833,364
579,177

Avg DOM

Total Sales

SP / LP

115
115
122
194
160

9,704,000
5,678,849
15,615,690
17,487,100

92.04%
80.62%
87.30%
86.24%

132
72
120
137

10,535,000
28,792,000
14,167,190
12,741,900

81.15%
92.89%
82.63%
90.03%

Avg DOM

Total Sales

SP / LP

32,701,000
4,884,408
5,874,000
21,159,513
28,451,300

91.61%
80.62%
88.69%
92.77%
90.98%

9,985,000
11,064,800
8,924,435

93.92%
88.22%
89.77%

Year to Date
30-Sep-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

12
14
6
16
54
12
43
29
12
18
18

9.279
13.378214
18.568
2,043,813
90,452
489,500
503,798
981,079
832,083
614,711
495,802

106
108
115
113
107
182
102
143
86
123
78

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
1,394
479,534
417,250
43

2,038
1,151
456,109
409,000
49

2,111
1,105
454,075
402,500
49

2,327
1,036
466,167
400,000
48

88
42
414,261
391,000
54

0
0

0
0

20,406
10,518
467,907
408,000
45

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

#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

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
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

867
468
285,487
255,000
54

900
429
299,508
260,000
58

35
9
231,822
235,000
55

0
0

0
0

8,379
4,314
289,256
262,500
53

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

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

CREB TOTAL MLS

Sales
Inventory
Avg Sale Price

22,000

$500,000

Median Sale Price

20,000

$450,000
410,063

401,941

424,871

424,278

411,833

419,632
408,673

$400,000

409,579
403,994

370,000

390,124

367,000

360,000

16,000
355,000

359,000
350,000

344,900

369,000

360,000

360,000

360,250

365,000

370,633

$350,000

# Sales/Inventory

14,000
$300,000
12,000

11349

11971

11938

11650

11885

11784

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

1672

1964
1519

1495

1283

2344

2173

2308

2507

2048

1994

1885

1341

$50,000
$0

Sep-10

Oct-10

Nov-10 Dec-10

Jan-11

Feb-11

Mar-11

Apr-11

May-11

Jun-11

Jul-11

Aug-11

Sep-11

Average/Median Sales Price

411,295

410,707

18,000

428,458

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
Sep-08 Nov-08 Jan-09 Mar-09 May-09 Jul-09 Sep-09 Nov-09 Jan-10 Mar-10 May-10 Jul-10 Sep-10 Nov-10 Jan-11 Mar-11 May-11 Jul-11 Sep-11

CREB TOTAL MLS


7,000

New Listings

Sales

6,000
5,000
4,000
3,000
2,000
1,000
0
Sep-08 Nov-08 Jan-09 Mar-09May-09 Jul-09 Sep-09 Nov-09 Jan-10 Mar-10May-10 Jul-10 Sep-10 Nov-10 Jan-11 Mar-11May-11 Jul-11 Sep-11

CREB TOTAL MLS

Sales

30

New Listings

8,000
7,000
6,000

4,283

4,104
5,000
4,000
3,000

1,885

1,672

2,000
1,000
0
Sep-10

Sep-11

CREB TOTAL MLS INVENTORY AS OF


MONTH END
20,000
18,000
16,000

11,349

11,784

14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
Sep-10

Sep-11

CREB - CALGARY METRO


SINGLE FAMILY AVERAGE SALE PRICE

600,000

466,167
460,329

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

Sep-11

CREB - CALGARY METRO


CONDOMINIUM AVERAGE SALE PRICE

500,000
450,000
400,000

299,508

284,028
350,000
300,000
250,000
200,000
150,000
100,000
50,000
0
Sep-10

Sep-11

CREB - SURROUNDING TOWNS


AVERAGE SALE PRICE

500,000
450,000

363,507

365,612

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

Sep-11

CREB - COUNTRY RESIDENTIAL (ACREAGES)


AVERAGE SALE PRICE

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

740,890

770,822

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

Sep-11

CREB - TOTAL MLS SALES

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

1,885

1,672

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

Sep-11

CREB - METRO CONDO & SINGLE FAMILY


AS A PER CENT OF TOTAL METRO SALES

140%

Condo Sales

SF Sales

120%
28%

29%

72%

71%

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

Sep-10

Sep-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

Sep-08

$300,000 -$
349,999

Sep-09

Sep-10

$350,000 $449,999

$450,000 $549,999

$550,000 $699,999

$700,000 +
Source: CREB

Sep-11

CITY OF CALGARY CONDOMINIUM SALES BY PRICE RANGE YEAR TO DATE


60%

50%

40%

30%

20%

10%

0%
>$200,000
Sep-08

Sep-09

Sep-10

$200,000 - $299,999
Sep-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
70%
60%
50%
40%
30%
20%
10%
0%
-10%
-20%
-30%

Condominium Average Price change

Condominium Median Price Change

Source: CREB