april 2020 - creb.com · creb® calgary regional housing market statistics 2. creb® region summary...

April 2020April 2020

MONTHLY STATISTICS PACKAGE

CREB® Region Report

72%

7%

8%

6%

3% 1% 3%

SHARE OF SALES April 2020

Calgary

Airdrie

Rocky View Region

Foothills Region

Mountain ViewRegionWheatland Region

Other Active Areas

Source: CREB®

REGIONAL HIGHLIGHTSMay 1, 2020

Airdrie• Sales in Airdrie slowed to 60 units in

April. This decline in sales was met with a similar decline in new listings, which totalled 107 units. This helped reduce inventory levels, but with 407 units still in inventory, the months of supply rose to nearly seven months.

• Overall, the benchmark price remains comparable to last year. Average prices have declined, but some of this is due to more homes being sold in lower price ranges, as there was a significant decline in sales for homes priced above $500,000.

Cochrane• April sales in Cochrane dropped to

29 units. This is 55 per cent below levels recorded in the previous year. However, new listings also eased. With only 61 new listings in the market, inventories declined to 281 units.

• Prices were easing before social distancing measures were put in place and April’s benchmark price totalled $398,900. This is nearly two per cent lower than last year. However, both the median and average price rose compared to last year. This is likely due to more homes being sold in higher price ranges, as there were no sales recorded in the lowest price range.

Okotoks• Both sales and new listings dropped,

with totals of 17 and 44 units, respectively. Inventory remained well below last year’s levels, but weaker demand pushed up the months of supply to nearly 12 months.

• Prices were trending down from the start of the year, but levels have remained relatively stable compared to the previous year. In April, the benchmark price continued to trend down, totalling $402,300.

Apr. 20

CREB® Calgary Regional Housing Market Statistics 2

CREB® Region Summary

April 2020Sales

New Listings

Sales to New Listings Ratio

InventoryMonths of Supply

Benchmark Price

Average Price

Median Price

Share of Sales Activity

City of Calgary 573 1,425 40.21% 5,565 9.71 415,800 422,655 393,000 72%Airdrie 60 107 56.07% 407 6.78 332,000 359,980 381,250 8%Rocky View Region 66 164 40.24% 794 12.03 516,600 544,116 431,000 8%Foothills Region 47 106 44.34% 553 11.77 356,800 451,887 350,000 6%Mountain View Region 21 35 60.00% 295 14.05 289,800 359,095 315,000 3%Kneehill Region 2 9 22.22% 85 42.50 171,700 320,000 320,000 0%Wheatland Region 8 17 47.06% 209 26.13 212,200 330,625 327,000 1%Willow Creek Region 8 13 61.54% 92 11.50 191,200 235,738 175,000 1%Vulcan Region 4 12 33.33% 71 17.75 221,200 157,250 143,500 1%Bighorn Region 9 30 30.00% 130 14.44 772,400 785,111 745,000 1%CREB® Economic Region 798 1,918 41.61% 8,201 10.28 410,400 427,741 390,000 100%

0

300

600

900

1,200

1,500

1,800

CREB® INVENTORY BY PRICE RANGE

Calgary Airdrie Rocky View RegionFoothills Region Mountain View Region Kneehill RegionWheatland Region Willow Creek Region Vulcan RegionBighorn Region Source: CREB®

APRIL

Apr. 20

0

50

100

150

200

250

CREB® SALES BY PRICE RANGE

Calgary Airdrie Rocky View RegionFoothills Region Mountain View Region Kneehill RegionWheatland Region Willow Creek Region Vulcan RegionBighorn Region

Source: CREB®

APRIL

0

2,000

4,000

6,000

8,000

10,000

12,000

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL

Calgary Airdrie Rocky View Region

Foothills Region Mountain View Region Kneehill Region

Wheatland Region Willow Creek Region Vulcan Region

Bighorn Region Source: CREB®

CREB® TOTAL SALES: YEAR-TO-DATE

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL


Foothills Region Mountain View Region Kneehill Region

Wheatland Region Willow Creek Region Vulcan Region

Bighorn Region Source: CREB®

CREB® TOTAL NEW LISTINGS: YEAR-TO-DATE


CREB® Region

0

2,000

4,000

6,000

8,000

10,000

12,000

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL

Detached Apartment Semi - Detached

Row 10 Year AverageSource: CREB®

CREB® ECONOMIC REGION TOTAL SALES

404,000

406,000

408,000

410,000

412,000

414,000

416,000

418,000

420,000

422,000

-

2,000

4,000

6,000

8,000

10,000

12,000

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'20

Feb.'20

Mar.'20

Apr.'20

Inventory Sales Benchmark Price Source: CREB®

CREB® ECONOMIC REGION INVENTORY AND SALES

-

2

4

6

8

10

12

2015 2016 2017 2018 2019 2020

Months of Supply TrendedSource: CREB®

12 month moving average

CREB® ECONOMIC REGION MONTHS OF INVENTORY

-8%

-6%

-4%

-2%

0%

2%

4%

6%

8%

10%

2015 2016 2017 2018 2019 2020

Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change

Source: CREB®

CREB® ECONOMIC REGION PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

550,000

2015 2016 2017 2018 2019 2020Detached Price Apartment PriceRow Price Semi Price

Source: CREB®

CREB® ECONOMIC REGION PRICES

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000YTD APRIL

YTD 2017 YTD 2018 YTD 2019 YTD 2020 Source: CREB®

CREB® ECONOMIC REGION TOTAL SALES BY PRICE RANGE

Apr. 20


CREB® Region

TYPICAL HOME ATTRIBUTES - DETACHED HOMES

Gross Living Area (Above Ground) Lot Size

Above Ground Bedrooms Year Built

Full Bathrooms

Half Bathrooms

City of Calgary 1407 4897 3 1992 2 1Airdrie 1435 4596 3 2003 2 1Rural Rocky View 1863 3957 3 1997 2 1Cochrane 1548 5476 3 1999 2 1Chestermere 1909 5519 3 2003 2 1Rural Foothills 1752 Unavailable 3 1995 2 0High River 1341 5646 3 1997 2 0Okotoks 1541 4972 3 2002 2 1Turner Valley 1232 6200 3 1994 2 0Rural Mountain View 1345 6027 3 1989 2 0Carstairs 1335 6504 3 2001 2 0Didsbury 1251 6473 3 1982 2 0Rural Wheatland 1264 6135 3 1979 2 0Strathmore 1302 5562 3 2000 2 0

0

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

900,000

Calgary Airdrie RuralRocky View

Chester-mere

Cochrane RuralFoothills

HighRiver

Okotoks TurnerValley

RuralMtn. View

Carstairs Didsbury RuralWheatland

Strathmore

DETACHED BENCHMARK PRICE

Source: CREB®

APRIL

Apr. 20

-6%

-4%

-2%

0%

2%

4%

6%

Calgary Airdrie RuralRocky View

Chester-mere

Cochrane RuralFoothills

HighRiver

Okotoks TurnerValley

RuralMtn. View

Carstairs Didsbury RuralWheatland

Strathmore

YEAR OVER YEAR PRICE GROWTH COMPARISONS

Source: CREB®

APRIL


Calgary CMA

April 2020Sales

New Listings



Benchmark Price

Average Price

Median Price


City of Calgary 573 1,425 40.21% 5,565 9.71 415,800 422,655 393,000 82%Airdrie 60 107 56.07% 407 6.78 332,000 359,980 381,250 9%Rocky View Region 66 164 40.24% 794 12.03 516,600 544,116 431,000 9%Calgary CMA 699 1,696 41.21% 6,766 9.68 414,900 428,743 395,000 100%

0

200

400

600

800

1,000

1,200

1,400

CALGARY CMA INVENTORY BY PRICE RANGE


Source: CREB®

APRIL

Apr. 20

0

20

40

60

80

100

120

140

160

180

200

CALGARY CMA SALES BY PRICE RANGE


Source: CREB®

APRIL

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL

Calgary Airdrie Rocky View RegionSource: CREB®

CALGARY CMA SALES: YEAR-TO-DATE

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL


Source: CREB®

CALGARY CMA NEW LISTINGS: YEAR-TO-DATE


Calgary CMA

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL

Detached Apartment Semi - DetachedRow 10 Year Average

Source: CREB®

CALGARY CMA TOTAL SALES

410,000

412,000

414,000

416,000

418,000

420,000

422,000

424,000

426,000

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'20

Feb.'20

Mar.'20

Apr.'20


CALGARY CMA INVENTORY AND SALES

-

2

4

6

8

10

12

2015 2016 2017 2018 2019 2020



CALGARY CMA MONTHS OF INVENTORY

-8%

-6%

-4%

-2%

0%

2%

4%

6%

8%

10%

2015 2016 2017 2018 2019 2020


Source: CREB®

CALGARY CMA PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

550,000


Source: CREB®

CALGARY CMA PRICES

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800YTD APRIL

YTD 2017 YTD 2018 YTD 2019 YTD 2020Source: CREB®

CALGARY CMA TOTAL SALES BY PRICE RANGE

Apr. 20


Airdrie

0

100

200

300

400

500

600

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL


Source: CREB®

AIRDRIE TOTAL SALES

322,000

324,000

326,000

328,000

330,000

332,000

334,000

336,000

338,000

-

100

200

300

400

500

600

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'20

Feb.'20

Mar.'20

Apr.'20


AIRDRIE INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

9

2015 2016 2017 2018 2019 2020



AIRDRIE MONTHS OF INVENTORY

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

2015 2016 2017 2018 2019 2020


Source: CREB®

AIRDRIE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000


Source: CREB®

AIRDRIE PRICES

0

20

40

60

80

100

120

140

160YTD APRIL


AIRDRIE TOTAL SALES BY PRICE RANGE

Apr. 20


Rocky View Region

April 2020Sales New

ListingsSales to New Listings Ratio

Inventory Months of Supply

Benchmark Price

Average Price

Median Price


Total Rocky View Region 66 164 40.24% 794 12.03 516,600 544,116 431,000 100%Rural Rocky View 14 44 31.82% 270 19.29 782,100 882,554 850,250 21%Beiseker 0 0 - 10 - - NA NA 0%Bragg Creek 1 1 100.00% 14 14.00 - 896,000 896,000 2%Chestermere 14 32 43.75% 127 9.07 452,100 566,827 438,500 21%Cochrane 29 61 47.54% 281 9.69 398,900 416,400 367,500 44%Crossfield 3 13 23.08% 37 12.33 - 258,000 350,000 5%Irricana 2 2 100.00% 10 5.00 - 235,450 235,450 3%Langdon 3 10 30.00% 33 11.00 - 467,933 425,000 5%Redwood Meadows 0 1 0.00% 4 - - NA NA 0%

Other 0 0 - 8 - - NA NA 0%

0

20

40

60

80

100

120

140

160

180

200INVENTORY BY PRICE RANGE

Rural Rocky View Cochrane Chestermere

Beiseker Bragg Creek Crossfield

Irricana Langdon Redwood MeadowsSource: CREB®

APRIL

0

2

4

6

8

10

12

14

16

18SALES BY PRICE RANGE




APRIL

Apr. 20

0

100

200

300

400

500

600

700

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL




ROCKY VIEW SALES: YEAR-TO-DATE

0

200

400

600

800

1,000

1,200

1,400

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL




ROCKY VIEW NEW LISTINGS: YEAR-TO-DATE


Cochrane

0

50

100

150

200

250

300

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL


Source: CREB®

COCHRANE TOTAL SALES

375,000

380,000

385,000

390,000

395,000

400,000

405,000

410,000

-

50

100

150

200

250

300

350

400

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'20

Feb.'20

Mar.'20

Apr.'20


COCHRANE INVENTORY AND SALES

-

2

4

6

8

10

12

14

16

2015 2016 2017 2018 2019 2020



COCHRANE MONTHS OF INVENTORY

-15%

-10%

-5%

0%

5%

10%

15%

2015 2016 2017 2018 2019 2020


Source: CREB®

COCHRANE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000


Source: CREB®

COCHRANE PRICES

0

10

20

30

40

50

60

70

80YTD APRIL


COCHRANE TOTAL SALES BY PRICE RANGE

Apr. 20


Chestermere

0

20

40

60

80

100

120

140

160

180

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL


Source: CREB®

CHESTERMERE TOTAL SALES

430,000

435,000

440,000

445,000

450,000

455,000

460,000

465,000

-

50

100

150

200

250

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'20

Feb.'20

Mar.'20

Apr.'20


CHESTERMERE INVENTORY AND SALES

-

2

4

6

8

10

12

14

16

2015 2016 2017 2018 2019 2020



CHESTERMERE MONTHS OF INVENTORY

-15%

-10%

-5%

0%

5%

10%

15%

2015 2016 2017 2018 2019 2020


Source: CREB®

CHESTERMERE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

550,000


Source: CREB®

CHESTERMERE PRICES

0

5

10

15

20

25

30

35YTD APRIL


CHESTERMERE TOTAL SALES BY PRICE RANGE

Apr. 20


Rural Rocky View

0

20

40

60

80

100

120

140

160

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL


Source: CREB®

RURAL ROCKY VIEW TOTAL SALES

740,000

750,000

760,000

770,000

780,000

790,000

800,000

-

50

100

150

200

250

300

350

400

450

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'20

Feb.'20

Mar.'20

Apr.'20


RURAL ROCKY VIEW INVENTORY AND SALES

-

10

20

30

40

50

60

2015 2016 2017 2018 2019 2020



RURAL ROCKY VIEW MONTHS OF INVENTORY

-20%

-15%

-10%

-5%

0%

5%

10%

15%

2015 2016 2017 2018 2019 2020


Source: CREB®

RURAL ROCKY VIEW PRICE CHANGE

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

900,000

1,000,000


Source: CREB®

RURAL ROCKY VIEW PRICES

0

5

10

15

20

25

30

35

40

45YTD APRIL


RURAL ROCKY VIEW TOTAL SALES BY PRICE RANGE

Apr. 20


Foothills Region

April 2020Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Foothills Region 47 106 44.34% 674 14.34 356,800 451,887 350,000 100%Rural Foothills 11 10 110.00% 136 12.36 432,800 878,227 670,000 23%Black Diamond 1 9 11.11% 23 23.00 - 124,500 124,500 2%Blackie 2 1 200.00% 9 4.50 - 207,250 207,250 4%Cayley 1 3 33.33% 9 9.00 - 197,500 197,500 2%De Winton 0 0 - 7 - - NA NA 0%Heritate Pointe 1 6 16.67% 32 32.00 - 560,000 560,000 2%High River 12 27 44.44% 103 8.58 301,600 283,283 292,000 26%Okotoks 17 44 38.64% 198 11.65 402,300 380,082 350,000 36%Turner Valley 2 1 200.00% 16 8.00 277,400 210,450 210,450 4%Priddis Greens 0 2 0.00% 9 - - NA NA 0%Longview 0 0 - 1 - - NA NA 0%Other 0 3 0.00% 11 - - NA NA 0%

0102030405060708090

100INVENTORY BY PRICE RANGE

Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Other Source: CREB®

APRIL

0

2

4

6

8

10

12SALES BY PRICE RANGE

Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Other Source: CREB®

APRIL

Apr. 20

0

50

100

150

200

250

300

350

400

450

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL

Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Source: CREB®

FOOTHILLS SALES: YEAR-TO-DATE

0

200

400

600

800

1,000

1,200

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL

Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Source: CREB®

FOOTHILLS NEW LISTINGS: YEAR-TO-DATE


Okotoks

0

50

100

150

200

250

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL


Source: CREB®

OKOTOKS TOTAL SALES

390,000

395,000

400,000

405,000

410,000

415,000

420,000

-

50

100

150

200

250

300

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'20

Feb.'20

Mar.'20

Apr.'20


OKOTOKS INVENTORY AND SALES

-

2

4

6

8

10

12

14

16

2015 2016 2017 2018 2019 2020



OKOTOKS MONTHS OF INVENTORY

-10%

-5%

0%

5%

10%

15%

2015 2016 2017 2018 2019 2020


Source: CREB®

OKOTOKS PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000


Source: CREB®

OKOTOKS PRICES

0

10

20

30

40

50

60

70YTD APRIL


OKOTOKS TOTAL SALES BY PRICE RANGE

Apr. 20


Rural Foothills

0

10

20

30

40

50

60

70

80

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL


Source: CREB®

RURAL FOOTHILLS TOTAL SALES

380,000

390,000

400,000

410,000

420,000

430,000

440,000

450,000

460,000

-

50

100

150

200

250

300

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'20

Feb.'20

Mar.'20

Apr.'20


RURAL FOOTHILLS INVENTORY AND SALES

-

10

20

30

40

50

60

2015 2016 2017 2018 2019 2020



RURAL FOOTHILLS MONTHS OF INVENTORY

-15%

-10%

-5%

0%

5%

10%

15%

20%

2015 2016 2017 2018 2019 2020


Source: CREB®

RURAL FOOTHILLS PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000


Source: CREB®

RURAL FOOTHILLS PRICES

0

5

10

15

20

25

30YTD APRIL


RURAL FOOTHILLS TOTAL SALES BY PRICE RANGE

Apr. 20


Wheatland Region

April 2020Sales New



Benchmark Price

Average Price

Median Price


Total Wheatland Region* 8 17 47.06% 209 26.13 212,200 330,625 327,000 88%Rural Wheatland* 0 1 0.00% 42 - 212,200 NA NA 0%Carseland* 0 0 - 2 - - NA NA 0%Lyalta* 0 0 - 9 - - NA NA 0%Rockyford* 0 0 - 3 - - NA NA 0%Strathmore 7 15 46.67% 136 19.43 329,400 294,643 319,000 88%Gleichen 0 0 - 2 - - NA NA 0%

Other* 1 1 100.00% 17 17.00 - 582,500 582,500 13%

*Data within these areas many not accurately reflect total resale activity and trends

0

10

20

30

40

50

60

INVENTORY BY PRICE RANGE

Strathmore Rural Wheatland Carseland

Lyalta Rockyford OtherSource: CREB®

APRIL

0

1

1

2

2

3

3

4

4

5

SALES BY PRICE RANGE


Lyalta Rockyford OtherSource: CREB®

APRIL

Apr. 20

0

20

40

60

80

100

120

140

160

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL


Lyalta RockyfordSource: CREB®

WHEATLAND SALES: YEAR-TO-DATE

0

50

100

150

200

250

300

350

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL


Lyalta RockyfordSource: CREB®

WHEATLAND NEW LISTINGS: YEAR-TO-DATE


Strathmore

0

20

40

60

80

100

120

140

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL


Source: CREB®

STRATHMORE TOTAL SALES

315,000

320,000

325,000

330,000

335,000

340,000

345,000

-

20

40

60

80

100

120

140

160

180

200

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'20

Feb.'20

Mar.'20

Apr.'20


STRATHMORE INVENTORY AND SALES

-

5

10

15

20

25

2015 2016 2017 2018 2019 2020



STRATHMORE MONTHS OF INVENTORY

-15%

-10%

-5%

0%

5%

10%

15%

2015 2016 2017 2018 2019 2020


Source: CREB®

STRATHMORE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000


Source: CREB®

STRATHMORE PRICES

0

5

10

15

20

25

30

35

40YTD APRIL


STRATHMORE TOTAL SALES BY PRICE RANGE

Apr. 20


Mountain View Region

April 2020Sales New



Benchmark Price

Average Price

Median Price


Total Mountain View Region* 21 35 60.00% 295 14.05 289,800 359,095 315,000 100%Rural Mountain View* 4 7 57.14% 69 17.25 250,000 609,000 488,000 19%Carstairs 4 9 44.44% 62 15.50 309,700 382,500 382,500 19%Cremona 0 1 0.00% 4 - - NA NA 0%Didsbury 9 5 180.00% 29 3.22 282,400 282,611 300,000 43%Olds* 3 10 30.00% 85 28.33 320,200 301,833 240,000 14%Sundre* 1 2 50.00% 42 42.00 254,000 126,000 126,000 5%

Other* 0 1 0.00% 4 - - NA NA 0%


0

10

20

30

40

50

60

70

80


Rural Mountain View Didsbury Olds

Sundre Carstairs Cremona

Other Source: CREB®

APRIL

0

1

2

3

4

5

6

7

8



Sundre Carstairs Cremona

Other Source: CREB®

APRIL

Apr. 20

0

20

40

60

80

100

120

140

160

180

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL


Sundre Carstairs Cremona Source: CREB®

MOUNTAIN VIEW SALES: YEAR-TO-DATE

0

50

100

150

200

250

300

350

400

450

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL


Sundre Carstairs Cremona Source: CREB®

MOUNTAIN VIEW NEW LISTINGS: YEAR-TO-DATE


Kneehill Region

April 2020Sales New



Benchmark Price

Average Price

Median Price


Total Kneehill Region* 2 9 22.22% 85 42.50 171,700 320,000 320,000 100%Rural Kneehill* 1 4 25.00% 13 13.00 171,700 360,000 360,000 50%Acme* 1 0 - 1 1.00 - 280,000 280,000 50%Linden* 0 0 - 9 - - NA NA 0%Three Hills* 0 4 0.00% 28 - - NA NA 0%Torrington* 0 0 - 2 - - NA NA 0%Trochu* 0 1 0.00% 21 - - NA NA 0%

Other* 0 0 - 13 - - NA NA 0%


0

5

10

15

20

25

30

35


Rural Kneehill Three Hills Acme

Linden Trochu Other Source: CREB®

APRIL

0

1

2



Linden Trochu Other Source: CREB®

APRIL

Apr. 20

0

5

10

15

20

25

30

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL


Linden Trochu Source: CREB®

KNEEHILL SALES: YEAR-TO-DATE

0

10

20

30

40

50

60

70

80

90

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL


Linden Trochu Source: CREB®

KNEEHILL NEW LISTINGS: YEAR-TO-DATE


Willow Creek Region

April 2020Sales New



Benchmark Price

Average Price

Median Price


Total Willow Creek Region* 8 13 61.54% 92 11.50 191,200 235,738 175,000 100%Rural Willow Creek* 1 4 25.00% 21 21.00 190,700 530,000 530,000 13%Claresholm* 5 5 100.00% 32 6.40 - 204,780 165,000 63%Nanton* 1 4 25.00% 30 30.00 - 185,000 185,000 13%Stavely* 1 0 - 9 9.00 - 147,000 147,000 13%

Other* 0 0 - 0 - - NA NA 0%


0

5

10

15

20

25

30

35


Rural Willow Creek Claresholm Nanton Stavely Other

Source: CREB®

APRIL

0

1

2

3

4

5

6


Rural Willow Creek Claresholm Nanton Stavely Other

Source: CREB®

APRIL

Apr. 20

0

5

10

15

20

25

30

35

40

45

50

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL

Rural Willow Creek Claresholm Nanton StavelySource: CREB®

WILLOW CREEK SALES: YEAR-TO-DATE

0

20

40

60

80

100

120

140

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL

Rural Willow Creek Claresholm Nanton StavelySource: CREB®

WILLOW CREEK NEW LISTINGS: YEAR-TO-DATE


Vulcan Region

April 2020Sales New



Benchmark Price

Average Price

Median Price


Total Vulcan Region* 4 12 33.33% 71 17.75 221,200 157,250 143,500 100%Rural Vulcan* 2 5 40.00% 27 13.50 - 132,000 132,000 50%Vulcan* 1 5 20.00% 30 30.00 - 218,000 218,000 25%Carmangay* 0 1 0.00% 2 - - NA NA 0%Champion* 0 1 0.00% 6 - - NA NA 0%

Other* 1 0 - 6 6.00 - 147,000 147,000 25%


0

5

10

15

20

25


Rural Vulcan Vulcan Carmangay

Champion Other Source: CREB®

APRIL

0

1

2

3

4


Rural Vulcan Vulcan Carmangay

Champion Other Source: CREB®

APRIL

Apr. 20

0

5

10

15

20

25

30

35

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL

Rural Vulcan Vulcan Carmangay Champion

Source: CREB®

VULCAN SALES: YEAR-TO-DATE

0

10

20

30

40

50

60

70

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL

Rural Vulcan Vulcan Carmangay Champion

Source: CREB®

VULCAN NEW LISTINGS: YEAR-TO-DATE


Bighorn Region

April 2020Sales New



Benchmark Price

Average Price

Median Price


Total Bighorn Region* 9 30 30.00% 130 14.44 772,400 785,111 745,000 100%Rural Bighorn* 0 2 0.00% 8 - - NA NA 0%Canmore* 8 25 32.00% 106 13.25 - 831,375 784,500 89%

Other* 1 3 33.33% 16 16.00 - 415,000 415,000 11%


0

5

10

15

20

25

30

35

40

45


Canmore Other Rural Bighorn

Source: CREB®

APRIL

0

1

2

3

4


Canmore Other Rural Bighorn

Source: CREB®

APRIL

Apr. 20

0

10

20

30

40

50

60

70

80

90

100

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL

Canmore Rural BighornSource: CREB®

BIGHORN SALES: YEAR-TO-DATE

0

50

100

150

200

250

300

350

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD2020

YTD APRIL

Canmore Rural BighornSource: CREB®

BIGHORN NEW LISTINGS: YEAR-TO-DATE


CREB® Definitions

CREB® REPORTING REGIONS* Data within these areas may not accurately reflect total resale activity and trends. CREB® resale data only includes activity occurring within our membership. For the identified areas, the data could be missing a signification portion of transactions asnot all active Realtors® in the area are a member of the CREB® board.** Resale activity in these areas does not meet the minimum reporting standard.

DEFINITIONSBenchmark Price - Represents the monthly price of the typical home based on its attributes, such as size, location and number of bedrooms.MLS® Home Price Index – changes in home prices by comparing current price levels relative to January 2005 price level. Absorption Rate – refers to the ratio between the amounts of sales occurring in the market relative to the amount of active listings / Inventory. Months of Supply – refers to the ratio between inventory and sales and represents at the current pace of sales how long it would take to sell existing inventory and the current rate of sales. Detached - A unit that is not attached to any other unit.Semi-detached - A single dwelling built as one of a pair that shares one common wall. Row - A single dwelling attached to each other by a common wall with more than two properties in the complex.Attached - Both row and semi-detached properties.Apartment - High-rise and low-rise condominium properties with access through an interior hallway.Total Residential - Includes detached, attached and apartment style properties.Exclusions – Data included in this package do not include activity related to multiple-unit sales, rental, land or leased properties.Rural – Data represents activity occurring within the broader region but not in any specific town/hamlet/village within the region.ABOUT CREB®CREB® is a professional body of more than 5,100 licensed brokers and registered associates, representing 245 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. All MLS® active listings for Calgary and area may be found on the board’s website at ww.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.

WILLOW CREEK*Rural Willow Creek County*Claresholm*Fort Macleod**Granum**Nanton*Parkland**

BIGHORN*Rural Bighorn M.D.Benchlands**Canmore*Exshaw**Ghost Lake**Harvie Heights**Lac des Arcs**Seebe**Waiparous**

FOOTHILLSRural Foothills M.D.Aldersyde**Black DiamondBlackieCayleyDe WintonHeritage PointeHigh RiverLongview**Millarville**OkotoksPriddis**Priddis GreensTurner Valley

KNEEHILL*Rural Kneehill CountyAcmeCarbon**Huxley**LindenSwalwell**Three HillsTorrington**TrochuWimborne**

MOUNTAIN VIEW*Rural Mountain View CountyBearberry**Bergen**CarstairsCremonaDidsburyEagle Hill**Elkton**Olds*Sundre*Water Valley**Westward Ho**

ROCKY VIEWRural Rocky View CountyBalzac**BeisekerBottrel**Bragg CreekChestermereCochraneCochrane Lake**Conrich**CrossfieldDalemead**Dalroy**Delacour**Indus**IrricanaJanet**Kathyrn**Keoma**LangdonMadden**Redwood Meadows

VULCAN*Rural Vulcan County*Arrowwood**Brand**Carmangay*Champion*Ensign**Herronton**Kirkcaldy**Lomond**Milo**Mossleigh**Queenstown**Shouldice**Travers**

WHEATLAND*Rural Wheatland County*Ardenode**Carseland*Chancellow**Cheadle**Cluny**Dalum**Gleichen**Hussar**Lyalta*Namaka**Rockyford*Rosebud**Standard**

Apr. 20


april 2020 - creb.com · creb® calgary regional housing market statistics 2. creb® region summary...

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