Calgary Real Estate Market Stats - Jan 2011
Calgary Real Estate Market Stats - Jan 2011
22000 $500,000
14000 12989
13459
12865
$300,000
# Sales/Inventory
11725 11928
The number of single family home sales in the month of January 2011
12000 11349
10003
10473 $250,000
10000 9439
were 791, compared with December 2010, when sales were 734 —
8154 8070 $200,000
8000 7189
6838
$150,000
$100,000
4000
for the month of January 2011 was 302. This was down from the 320
2535 2448 2239
1988 1902
2000 1447
1683 1628 1673 1523 1496
1289 1349 $50,000
to improve,” says Sano Stante, president of CREB®. “Single family homes 10,000
in the city are currently driving this gradual recovery, and we are seeing 8,000
an uptick in the sale of homes below the $350,000 price point. This may 6,000
suggest more first time homebuyers are entering the market, providing 4 000
4,000
0
The average price of a single family home in the city of Calgary in January Jan‐08 Mar‐08 May‐08 Jul‐08 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
2011 was $454,163, showing a 3 per cent increase from December 2010,
when the average price was $441,341, and a 3 per cent increase from
January 2010, when the average price was $441,217. The average price
“Alberta will begin to see growth in net-migration as
of a condominium in the city of Calgary in January 2011 was $288,291,
the oil and gas sector regains traction. This will help
showing a 2 per cent increase from December 2010, when the average
boost consumer confidence and ultimately bring
price was $282,768 and a 2 per cent increase over last year, when the
improvements to employment and family income—
average price was $282,639.
key drivers of our housing market,” says Stante.
CREB® TOTAL MLS®
JANUARY 2011
The median price of a single family home in the city of Calgary for January 7,000
New Listings Sales
2011 was $390,000, showing a slight increase from December 2010 when About
6,000 CREB®
the median price was $389,000. This was a 2 per cent decrease from CREB®
5,000
is a professional body of more than 5319 licensed brokers
January 2010, when the median price was $398,000. The median price and4,000
registered associates, representing 244 member offices. CREB®
of a condominium in January 2011 was $255,000, showing a 1 per cent is dedicated
3,000 to enhancing the value, integrity and expertise of its
decrease from December 2010, when the median price was $258,500, REALTOR® members. Our REALTORS® are committed to a high
and a 4 per cent decrease from January 2010, when it was $265,000.
2,000
standard of professional conduct, ongoing education, and a strict Code
of Ethics and Standards of Business Practice.
1,000
interest rates and a large selection of inventory,” says Stante. “Overall CREB® as the source. The board does not generate statistics or analysis
the first quarter of 2011 will show modest improvements in sales which of any individual member or company’s market share. Average
will lay the foundation for the return to a more balanced market,” he price information can be useful in establishing trends over time,
but does not indicate actual prices in centres comprised of widely
adds.
divergent neighbourhoods, or account for price differentials between
Single family listings in the city of Calgary added for the month of geographical areas. All MLS® service active listings for Calgary and
January 2011 totaled 1965, an increase of 170 per cent from December area may be found on the board’s website at www.creb.com.
2010 when 728 new listings were added, and showing an increase of 8 CREB® is a registered trademark of Calgary Real Estate Board
per cent from January 2010, when 1822 new listings came to the market. Cooperative. The trademarks MLS® and Multiple Listing Service® are
owned by the Canadian Real Estate Association (CREA) and identify
Condominium new listings in the city of Calgary added for January 2011
the quality of services provided by real estate professionals who are
were 870, an increase of 141 per cent from December 2010, when 361 members of CREA. The trademarks REALTOR® and REALTORS®
condo listings were added to the market. This is a decrease of 9 per cent are controlled by CREA and identify real estate professionals who are
from January 2010, when new condominium listings added were 951. members of CREA. Used under license.
CREB® - TOTAL MLS® FOR JANUARY 2011
2011 2010 Mth Chg ** 2011 YTD **2010 YTD YTD Chg
SINGLE FAMILY (Calgary Metro)
Month End Inventory 3,073 2,513 22.28% n/a n/a n/a
New Listings Added 1,965 1,822 7.85% 1,965 1,822 7.85%
Sales 791 762 3.81% 791 762 3.81%
Avg DOM Sold 56 43 30.23% 56 43 30.23%
Avg DOM Active 55 51 7.84% 55 51 7.84%
Average Sale Price 454,163 441,217 2.93% 454,163 441,217 2.93%
Median Price 390,000 398,000 -2.01% 390,000 398,000 -2.01%
Total Sales 359,243,227 336,207,385 6.85% 359,243,227 336,207,385 6.85%
Sales $/List $ 96.61% 97.44% -0.85% 96.61% 97.44% -0.85%
RURAL LAND
Month End Inventory 507 385 31.69% n/a n/a n/a
New Listings Added 97 75 29.33% 97 75 29.33%
Sales 13 11 18.18% 13 11 18.18%
Avg DOM Sold 106 109 -2.75% 106 109 -2.75%
Avg DOM Active 174 167 4.19% 174 167 4.19%
Average Sale Price 363,154 398,364 -8.84% 363,154 398,364 -8.84%
Median Price 340,000 295,000 15.25% 340,000 295,000 15.25%
Total Sales 4,721,000 4,382,000 7.74% 4,721,000 4,382,000 7.74%
Sales $/List $ 92.68% 94.75% -2.19% 92.68% 94.75% -2.19%
TOTAL MLS®*
Month End Inventory 8,070 6,838 18.02% n/a n/a n/a
New Listings Added 3,832 3,764 1.81% 3,832 3,764 1.81%
Sales 1,349 1,447 -6.77% 1,349 1,447 -6.77%
Avg DOM Sold 64 53 20.75% 64 53 20.75%
Avg DOM Active 84 77 9.09% 84 77 9.09%
Average Sale Price 402,225 395,435 1.72% 402,225 395,435 1.72%
Median Price 350,000 352,000 -0.57% 350,000 352,000 -0.57%
Total Sales 542,600,906 572,194,355 -5.17% 542,600,906 572,194,355 -5.17%
Sales $/List $ 96.20% 97.14% -0.97% 96.20% 97.14% -0.97%
*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.
CREB® CALGARY METRO BY PRICE
Jan-11 Jan-10
CONDO
0 - 99,999 1 0.33% 1 0.33% 1 0.27% 1 0.27%
100,000 - 199,999 87 28.81% 87 28.81% 70 18.67% 70 18.67%
200,000 - 299,999 116 38.41% 116 38.41% 174 46.40% 174 46.40%
300,000 - 349,999 34 11.26% 34 11.26% 61 16.27% 61 16.27%
350,000 - 399,999 33 10.93% 33 10.93% 29 7.73% 29 7.73%
400,000 - 449,999 10 3.31% 10 3.31% 15 4.00% 15 4.00%
450,000 - 499,999 5 1.66% 5 1.66% 7 1.87% 7 1.87%
500,000 - 549,999 3 0.99% 3 0.99% 5 1.33% 5 1.33%
550,000 - 599,999 4 1.32% 4 1.32% 6 1.60% 6 1.60%
600,000 - 649,999 - 0.00% - 0.00% 3 0.80% 3 0.80%
650,000 - 699,999 3 0.99% 3 0.99% - 0.00% - 0.00%
700,000 - 799,999 2 0.66% 2 0.66% 1 0.27% 1 0.27%
800,000 - 899,999 3 0.99% 3 0.99% 2 0.53% 2 0.53%
900,000 - 999,999 - 0.00% - 0.00% 1 0.27% 1 0.27%
1,000,000 - 1,249,999 - 0.00% - 0.00% - 0.00% - 0.00%
1,250,000 - 1,499,999 - 0.00% - 0.00% - 0.00% - 0.00%
1,500,000 - 1,749,999 - 0.00% - 0.00% - 0.00% - 0.00%
1,750,000 - 1,999,999 - 0.00% - 0.00% - 0.00% - 0.00%
2,000,000 - 2,499,999 - 0.00% - 0.00% - 0.00% - 0.00%
2,500,000 - 2,999,999 - 0.00% - 0.00% - 0.00% - 0.00%
3,000,000 - 3,499,999 - 0.00% - 0.00% - 0.00% - 0.00%
3,500,000 - 3,999,999 - 0.00% - 0.00% - 0.00% - 0.00%
Over 4,000,000 1 0.33% 1 0.33% - 0.00% - 0.00%
302 302 375 375
**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
up-to-date changes that naturally occur.”
CREB® TOWN AND COUNTRY BY PRICE CATEGORY
Jan-11 Jan-10
TOWNS Month **Y.T.D. Month **Y.T.D.
0 - 99,999 4 1.99% 4 1.99% 4 1.61% 4 1.61%
100,000 - 199,999 36 17.91% 36 17.91% 26 10.48% 26 10.48%
200,000 - 299,999 55 27.36% 55 27.36% 60 24.19% 60 24.19%
300,000 - 349,999 36 17.91% 36 17.91% 44 17.74% 44 17.74%
350,000 - 399,999 17 8.46% 17 8.46% 40 16.13% 40 16.13%
400,000 - 449,999 22 10.95% 22 10.95% 26 10.48% 26 10.48%
450,000 - 499,999 12 5.97% 12 5.97% 11 4.44% 11 4.44%
500,000 - 549,999 5 2.49% 5 2.49% 15 6.05% 15 6.05%
550,000 - 599,999 - 0.00% - 0.00% 3 1.21% 3 1.21%
600,000 - 649,999 1 0.50% 1 0.50% 7 2.82% 7 2.82%
650,000 - 699,999 6 2.99% 6 2.99% 3 1.21% 3 1.21%
700,000 - 799,999 1 0.50% 1 0.50% 2 0.81% 2 0.81%
800,000 - 899,999 3 1.49% 3 1.49% 2 0.81% 2 0.81%
900,000 - 999,999 1 0.50% 1 0.50% 3 1.21% 3 1.21%
1,000,000 - 1,249,999 - 0.00% - 0.00% 1 0.40% 1 0.40%
1,250,000 - 1,499,999 1 0.50% 1 0.50% - 0.00% - 0.00%
1,500,000 - 1,749,999 1 0.50% 1 0.50% - 0.00% - 0.00%
1,750,000 - 1,999,999 - 0.00% - 0.00% 1 0.40% 1 0.40%
2,000,000 - 2,499,999 - 0.00% - 0.00% - 0.00% - 0.00%
2,500,000 - 2,999,999 - 0.00% - 0.00% - 0.00% - 0.00%
3,000,000 - 3,499,999 - 0.00% - 0.00% - 0.00% - 0.00%
3,500,000 - 3,999,999 - 0.00% - 0.00% - 0.00% - 0.00%
Over 4,000,000 - 0.00% - 0.00% - 0.00% - 0.00%
201 201 248 248
**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
up-to-date changes that naturally occur.”
CREB® CALGARY METRO
SINGLE FAMILY BY STYLE
JANUARY 2011
Listings
Style Inventory Added Sales Avg Price Total Sales Median Price Avg DOM S$/L$
NW
BK-SP 3 2 0 - - - 0 0.00%
BLEVL 78 50 17 374,435 6,365,400 313,000 52 96.57%
BUNG 244 155 49 406,778 19,932,101 380,000 55 96.14%
BUNGH 13 8 4 532,500 2,130,000 439,000 36 97.78%
HL-SP 1 0 0 - - - 0 0.00%
MODUL 1 1 0 - - - 0 0.00%
SPLT2 52 27 11 517,864 5,696,500 465,000 55 94.94%
SPLT3 4 4 1 300,000 300,000 300,000 45 96.00%
SPLT4 43 30 14 400,821 5,611,500 328,000 54 96.85%
SPLT5 3 2 2 362,500 725,000 270,000 24 98.67%
ST1.5 22 13 4 453,000 1,812,000 418,500 40 95.14%
ST2 569 386 166 478,613 79,449,757 430,000 58 97.07%
ST2.5 10 4 0 - - - 0 0.00%
ST3 9 6 0 - - - 0 0.00%
VILLA 2 1 1 348,000 348,000 348,000 7 98.72%
NE
BK-SP 2 1 0 - - - 0 0.00%
BLEVL 99 44 28 262,075 7,338,100 260,000 48 96.80%
BUNG 147 90 31 278,937 8,647,034 276,000 65 96.31%
BUNGH 2 0 0 - - - 0 0.00%
MODUL 1 1 0 - - - 0 0.00%
SPLT2 8 4 0 - - - 0 0.00%
SPLT3 5 5 1 232,000 232,000 232,000 61 97.93%
SPLT4 60 34 14 258,885 3,624,386 261,000 45 95.91%
ST1.5 3 1 0 - - - 0 0.00%
ST2 215 131 46 315,195 14,498,988 300,000 63 96.51%
SW
BK-SP 2 2 0 - - - 0 0.00%
BLEVL 25 22 10 350,950 3,509,500 356,500 86 95.53%
BUNG 189 134 58 552,893 32,067,800 425,000 41 96.62%
BUNGH 5 2 1 1,695,000 1,695,000 1,695,000 20 100.00%
SPLT2 40 30 11 547,127 6,018,400 518,900 61 95.94%
SPLT3 5 4 2 426,500 853,000 400,000 99 96.41%
SPLT4 51 31 14 432,929 6,061,000 358,000 49 95.56%
SPLT5 8 3 1 625,000 625,000 625,000 49 96.93%
ST1.5 11 3 2 1,293,750 2,587,500 1,037,500 54 94.26%
ST2 457 295 128 592,544 75,845,674 480,000 59 96.43%
ST2.5 3 4 1 1,812,500 1,812,500 1,812,500 15 95.65%
ST3 23 8 1 1,300,000 1,300,000 1,300,000 101 92.86%
VILLA 12 11 0 - - - 0 0.00%
SE
BK-SP 2 2 1 201,000 201,000 201,000 21 95.81%
BLEVL 24 20 11 317,245 3,489,700 313,200 46 96.41%
BUNG 126 94 44 439,036 19,317,600 340,000 53 96.94%
BUNGH 1 0 0 - - - 0 0.00%
SPLT2 41 28 4 419,625 1,678,500 406,000 26 98.24%
SPLT3 4 3 3 294,167 882,500 300,000 53 95.56%
SPLT4 26 20 11 377,909 4,157,000 342,500 48 96.82%
SPLT5 4 0 0 - - - 0 0.00%
ST1.5 1 1 0 - - - 0 0.00%
ST2 349 230 95 402,903 38,275,787 380,000 64 96.98%
ST2.5 2 1 0 - - - 0 0.00%
VILLA 1 1 0 - - - 0 0.00%
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.
CREB® CALGARY METRO
CONDO BY STYLE
JANUARY 2011
Listings
Style Inventory Added Sales Avg Price Total Sales Median Price Avg DOM S$/L$
NW
APART 229 122 44 252,505 11,110,200 219,800 54 96.03%
APRTM 10 6 1 185,000 185,000 185,000 15 92.55%
BK-SP 1 1 1 100,000 100,000 100,000 51 90.09%
BLEVL 10 4 1 220,000 220,000 220,000 79 97.82%
BUNG 21 7 4 431,725 1,726,900 350,000 82 96.22%
BUNGH 0 1 0 - - - 0 0.00%
LOFT 1 1 0 - - - 0 0.00%
PENTH 1 0 0 - - - 0 0.00%
SPLT2 3 3 0 - - - 0 0.00%
SPLT3 0 0 0 - - - 0 0.00%
SPLT4 9 6 2 294,000 588,000 293,000 53 97.37%
SPLT5 2 0 0 - - - 0 0.00%
ST2 133 79 19 273,337 5,193,400 265,000 54 96.60%
ST2.5 3 1 0 - - - 0 0.00%
ST3 10 5 0 - - - 0 0.00%
VILLA 7 5 2 352,000 704,000 340,000 85 97.24%
NE
APART 56 25 7 155,057 1,085,400 159,900 72 93.40%
APRTM 1 1 0 - - - 0 0.00%
BK-SP 0 0 0 - - - 0 0.00%
BLEVL 6 2 1 115,000 115,000 115,000 136 84.00%
BUNG 10 4 2 154,250 308,500 131,000 58 92.78%
SPLT2 1 0 0 - - - 0 0.00%
SPLT4 2 1 1 169,000 169,000 169,000 9 96.63%
ST2 67 33 12 190,692 2,288,300 180,000 68 96.43%
ST2.5 0 0 0 - - - 0 0.00%
ST3 4 1 0 - - - 0 0.00%
VILLA 4 2 1 267,500 267,500 267,500 169 93.89%
SW
APART 574 308 109 320,557 34,940,718 288,000 65 95.21%
APRTM 29 15 1 282,500 282,500 282,500 47 98.26%
BK-SP 1 0 0 - - - 0 0.00%
BLEVL 11 6 2 189,500 379,000 185,000 30 97.23%
BUNG 31 22 10 273,775 2,737,750 280,000 52 95.46%
BUNGS 1 0 0 - - - 0 0.00%
LOFT 9 5 5 288,000 1,440,000 335,000 93 93.22%
PENTH 11 6 2 300,000 600,000 285,000 53 98.52%
SPLT2 3 1 0 - - - 0 0.00%
SPLT3 1 2 1 331,500 331,500 331,500 18 97.53%
SPLT4 17 10 5 291,200 1,456,000 295,000 55 96.46%
SPLT5 7 6 1 310,000 310,000 310,000 110 97.18%
ST1.5 0 0 1 265,000 265,000 265,000 89 98.18%
ST2 126 74 32 296,676 9,493,626 281,001 55 96.63%
ST2.5 1 0 0 - - - 0 0.00%
ST3 41 19 6 664,567 3,987,400 659,000 32 98.83%
VILLA 11 5 1 400,000 400,000 400,000 103 93.04%
SE
APART 83 36 15 211,893 3,178,400 193,000 75 95.42%
APRTM 0 0 0 - - - 0 0.00%
BK-SP 0 0 0 - - - 0 0.00%
BLEVL 2 1 0 - - - 0 0.00%
BUNG 8 4 2 287,750 575,500 218,000 127 97.74%
BUNGH 1 1 0 - - - 0 0.00%
BUNGS 0 0 0 - - - 0 0.00%
HL-SP 0 0 0 - - - 0 0.00%
LOFT 0 0 0 - - - 0 0.00%
PENTH 1 0 0 - - - 0 0.00%
SPLT2 3 2 0 - - - 0 0.00%
SPLT3 0 0 0 - - - 0 0.00%
SPLT4 3 2 0 - - - 0 0.00%
SPLT5 0 0 0 - - - 0 0.00%
ST1.5 0 0 0 - - - 0 0.00%
ST2 51 27 10 250,720 2,507,200 248,800 47 98.11%
ST2.5 0 0 0 - - - 0 0.00%
ST3 5 4 0 - - - 0 0.00%
VILLA 5 2 0 - - - 0 0.00%
CREB® - COMMERCIAL SUMMARY
IND L 2 9.87 56
OFC L 5 14.01 75
RET L 1 40.37 92
January February March April May June July August September October November December YTD
2007
New Listings 2,325 2,206 3,131 3,100 3,652 3,315 2,548 2,837 3,106 2,586 1,949 984 31,722
Sales 1,497 1,942 2,272 2,086 1,995 1,757 1,495 1,314 1,064 1,113 1,103 846 18,438
Avg Price 432,877 448,557 479,914 474,250 487,523 496,890 505,920 485,914 470,888 452,254 462,134 444,769 472,230
Median 380,000 408,000 427,000 432,000 435,000 439,000 435,000 430,000 420,500 412,500 407,500 406,788 421,000
Avg DOM 38 29 24 24 25 29 35 39 40 40 46 51 33
2008
New Listings 3,023 2,981 3,493 3,377 3,432 2,797 2,559 2,270 2,631 2,322 1,567 836 31,259
Sales 1,083 1,252 1,418 1,363 1,368 1,439 1,313 1,170 1,152 820 670 449 13,455
Avg Price 455,297 471,696 475,513 474,564 479,564 473,774 456,380 440,625 444,048 449,100 435,471 417,398 460,327
Median 410,000 428,000 420,000 420,000 419,000 408,000 408,500 398,000 395,000 390,000 387,300 380,000 409,000
Avg DOM 50 39 40 40 42 46 52 52 51 48 55 61 47
2009
New Listings 2,068 2,057 2,023 2,010 2,235 2,244 2,089 1,910 1,857 1,819 1,365 806 22,459
Sales 550 825 1,086 1,290 1,584 1,837 1,585 1,277 1,257 1,285 1,095 799 14,440
Avg Price 413,049 415,568 420,354 426,311 436,427 447,142 436,782 454,130 459,085 462,465 464,444 451,349 442,327
Median 374,700 375,000 375,000 380,000 390,000 399,000 390,000 400,000 399,900 410,000 408,000 401,000 392,000
Avg DOM 62 51 48 52 45 44 43 42 40 41 42 47 45
2010
New Listings 1,822 2,154 2,988 3,082 2,966 2,733 1,942 1,960 2,252 1,765 1,318 744 25,709
Sales 762 1,035 1,396 1,352 1,262 1,061 915 867 958 888 891 734 12,095
Avg Price 441,217 458,254 471,269 460,378 483,240 481,964 464,655 445,617 460,278 444,744 455,460 441,341 461,144
Median 398,000 411,000 423,000 417,000 420,000 418,900 400,000 395,000 390,000 387,900 399,900 389,000 406,000
Avg DOM 43 34 33 36 38 39 45 50 52 50 52 59 43
2011
New Listings 1,965 1,965
Sales 791 791
Avg Price 454,163 454,163
Median 390,000 390,000
Avg DOM 56 56
CREB® - CONDOMINIUM CALGARY METRO
LONG TERM COMPARISON SUMMARY
January February March April May June July August September October November December YTD
2007
New Listings 1,004 889 1,250 1,157 1,332 1,253 1,117 1,186 1,315 1,203 890 468 13,057
Sales 736 895 1,026 839 887 792 603 598 483 501 496 393 8,236
Avg Price 287,299 301,812 312,280 329,429 332,237 323,269 318,582 320,790 321,614 331,617 312,710 304,719 316,370
Median 267,500 280,800 290,000 309,000 308,000 304,900 297,900 301,000 300,000 289,000 285,000 286,000 295,000
Avg DOM 39 28 24 23 24 28 33 35 47 40 44 49 32
2008
New Listings 1,406 1,244 1,561 1,493 1,538 1,234 1,183 1,054 1,186 1,071 741 431 14,148
Sales 454 562 565 581 577 556 535 495 465 399 284 205 5,661
Avg Price 311,232 311,812 312,620 312,586 311,816 315,042 296,338 287,832 287,426 289,148 285,820 274,919 302,408
Median 290,000 295,000 293,000 290,000 285,000 282,000 273,500 268,500 265,000 268,000 251,800 254,000 279,500
Avg DOM 48 45 43 45 50 51 52 58 54 50 51 61 50
2009
New Listings 941 892 903 967 998 927 918 832 940 859 705 444 10,323
Sales 225 343 446 579 653 738 702 632 580 601 504 341 6,328
Avg Price 270,940 268,971 284,056 277,953 275,212 285,595 285,032 283,330 290,253 289,155 294,264 288,640 283,734
Median 243,000 249,900 260,000 251,000 255,000 265,500 263,000 260,000 265,000 263,500 264,900 265,000 260,000
Avg DOM 64 51 56 58 51 51 50 57 43 44 46 47 50
2010
New Listings 951 1,109 1,376 1,335 1,221 1,084 890 808 912 721 632 369 11,423
Sales 376 536 609 639 518 445 396 364 366 310 310 320 5,181
Avg Price 282,639 282,880 296,600 289,588 304,662 292,238 291,168 286,384 284,028 287,793 284,667 282,768 289,697
Median 265,000 265,900 275,000 267,500 279,900 269,900 268,000 260,000 265,000 255,000 253,300 258,500 266,500
Avg DOM 50 43 39 41 43 46 51 53 57 57 57 62 48
2011
New Listings 870 870
Sales 302 302
Avg Price 288,291 288,291
Median 255,000 255,000
Avg DOM 61 61
Sales CREB ® TOTAL MLS®
Inventory JANUARY 2011
Avg Sale Price
22000 $500,000
Median Sale Price
14000 12989
13459
12865
$300,000
# Sales/Inventory
11725 11928
12000 11349
10003
10473 $250,000
10000 9439
$150,000
6000
$100,000
4000
2535 2448 2239
1988 1902
2000 1447
1683 1628 1673 1523 1496
1289 1349 $50,000
0 $0
Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11
CREB® ABSORPTION RATE
TOTAL MLS® JANUARY 2011
12
10
4
Balanced Market
2
0
Jan-08 Mar-08 May-08 Jul-08 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
CREB® TOTAL MLS®
JANUARY 2011
Inventory Sales
16,000
14,000
12,000
10,000
8,000
6,000
4 000
4,000
2,000
0
Jan‐08 Mar‐08 May‐08 Jul‐08 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
CREB® TOTAL MLS®
JANUARY 2011
New Listings Sales
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
Jan‐08 Mar‐08 May‐08 Jul‐08 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
CREB® TOTAL MLS®
JANUARY 2011
Sales New Listings
8,000
7,000
6,000
4,000
3,000
1,447 1,349
,
2,000
1,000
0
Jan‐10 Jan‐11
20,000
18,000
16,000
14,000
12,000 8,070
6,838
10,000
8,000
6,000
6 000
4,000
2,000
0
2010 2011
CREB® ‐ CALGARY METRO
SINGLE FAMILY AVERAGE SALE PRICE
600,000 454,163
441,217
500,000
400,000
300,000
200,000
100,000
0
Jan 10 Jan 11
CREB® ‐ CALGARY METRO
CONDOMINIUM AVERAGE SALE PRICE
500,000
450,000
400,000
288,291
282,639
350,000
300,000
250,000
200,000
200 000
150,000
100,000
50,000
0
Jan 10 Jan 11
CREB® ‐ SURROUNDING TOWNS
AVERAGE SALE PRICE
500,000
450,000 357,999
333,539
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
0
Jan 10 Jan 11
1,400,000
1,200,000
888,508
1,000,000
707,018
800,000
600,000
400,000
200,000
0
Jan 10 Jan 11
CREB® ‐ TOTAL MLS® SALES
5,000
4,500
4,000
3,500
3,000
1,500
1,000
500
0
Jan 10 Jan 11
120%
33% 28%
100%
80%
72%
60% 67%
40%
20%
0%
Jan 10 Jan 11