Browse Calgary Homes For Sale By Property Type And Price
Brought To You By Alan Zunec of Century 21 Bamber Realty
Calgary is the largest city in Alberta and considered the economic capital of the province. There are many houses for sale in Calgary corresponding with opportunties for growth in the Calgary real estate market, as the economy is vibrant and growing rapidly. If you are shopping for homes for sale in Calgary, our site is one of the most informative available. You can browse properties for sale broken down by community, or use the quick search feature below to get an idea of what is available within your price range. Reading my Market Blog will keep you up to date information on what homes in the Calgary area are selling for and how competitive it will be if you are thinking of getting in the market to buy property.
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Calgary Real Estate Market Statistics From Feb 2016
|Total Number of Listings Available for Sale in Calgary||5891|
|Average Price of Homes for Sale||
- The Calgary real estate market is swinging towards a balanced market, with the influx of new listings in 2016 buyers will have a lot more choice moving forward.
- During the month of Feb , the average listing price of a Calgary house was $505,400. This is down 8.9 percent when compared to 2015.
- The condo market continues to see an increase in inventory. The average price of an apartment style condo for sale in Calgary sits at $295,858 and the average price of an attached Calgary property sits at $391,718. This represents a 6.83 percent decrease for apartment style and a 2.3 percent decrease in an attached townhouse style condo, when compared against 2015.
- Selling times continue to increase but remain relatively low. The average amount of time it took to sell a Calgary home was 45 days in Feb and 50 days for a condo. Both of these statistics represent a continuing increase in the amount of time it is taking to sell Calgary properties.
- On the entire MLS® System in Calgary there were 972 sales in January , which is a decrease of 6.74% from the same time last year. Overall 1192 Calgary houses were bought and sold, representing a decrease of 18.08% in the Calgary house market. 195 apartment style condominiums had a new owner on the title, this is a 28.37% decrease from last year.
- The current supply of property listings is considered to be about 4.8 months worth and, not surpisingly considering the current market conditions, there are 30.95% more listings available on the market when compared with this time last year. Current Calgary house inventory sits at around 3.3 months worth of supply, Calgary condo inventory sits at around 6.9 months worth of supply.
- The real estate market in Calgary is now sprinting towards a more balanced market between buyers and sellers.
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Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.
Listing information last updated on April 30th, 2016 at 8:00am CDT.