CALGARYREAL ESTATEMARKET REPORTFeb 2015

Realty Professionals

Cell: 403 831 0842Email: jerry@jerrycharlton.com

Web: www.jerrycharlton.com

Market Status

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

0

+1 +7

+2 +6

+4+3 +5

+8

4.35

Selle

r’s

Balanced

Buyer’s

monthsof inventory

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Market Status (13 months history)No. of months of inventory

2

0

4

6

8

Feb.2014

BUYE

R’S

MAR

KET

NEUT

RAL

MAR

KET

SELL

ER’S

MAR

KET 1.43

Mar.2014

1.22

Apr.2014

1.50

May2014

1.54

Jun.2014

1.79

Jul.2014

2.01

Aug.2014

2.03 2.12 2.00

Set.2014

Oct.2014

2.072.66

Nov.2014

Dec.2014

5.03

Jan.2015

Feb.2015

4.35

Average Prices

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Calgaryless

–3.0%

$462,294

-0.5%

Compared to LAST MONTH,homes areselling for

Month to Month Year to Year

Jan2015

$460,930

Feb2015

$462,294

Feb2014

$482,783

Feb2015

City of Calgary average SOLD price

Compared to LAST YEAR,homes areselling for

less-0.5%Calgary

more–4.2%+0.3%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Month to Month Year to Year

Jan2015

$526,394

Feb2015

$526,760 $553,493

Feb2014

Feb2015

$526,760

Detached homes average SOLD price

Compared to LAST MONTH,single family homes areselling for

Compared to LAST YEAR,single family homes areselling for

less

-4.8%Detachedmore

+0.1%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Month to Month Year to Year

Jan2015

$305,473

Feb2015

$308,942 $308,942

Feb2014

$327,288

Feb2015

Apartment average SOLD price

Compared to LAST MONTH,apartment condos areselling for

more

Compared to LAST YEAR,apartment condos areselling for

less

-5.9%

lessCondos

+1.14%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

$433,056

Month to Month Year to Year

Jan2015

$403,264

Feb2015

$407,265 $407,265

Feb2014

Feb2015

Attached average SOLD price

Compared to LAST MONTH,townhouses areselling for

Compared to LAST YEAR,townhouses areselling for

lessAttached-6.0%

more+1.0%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Prices in $ and Price movement in percentage

200

0

100

300

400

500

Years - Residential Average Price

14 years average of price increase for city of Calgary is 7.96%2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

YTD

+12.79%

+39.79%

+18.26% –2.47%

–4.65%

+4.01% +1.10% +3.44%+6.54% +1.45%

+10.58%

227,2

69

256,3

27

358,3

26 423,7

70

413,2

93

409,8

85

394,0

64 414,3

87

428,6

49

456,7

03

2003

+9.93%

205,5

22

483,0

79

2015

461,7

22

463,3

03

–0.34%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

2,9502,711

Month to Month Year to Year

Jan2015

Feb2015

2,9503,286

Feb2014

Feb2015

NEW listings

Compared to LAST MONTH,there are

lessnew listings

Compared to LAST YEAR,there are

morenew listings

+8.8%-10.2%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Listing inventory & SOLD (13 months history)

0

4,000

3,000

2,000

1,000

5,000Active listings Sold listings

Feb.2014

1,850

2,641

Mar.2014

2,481

3,033

Apr.2014

2,539

3,820

May2014

2,945

4,528

Jun.2014

2,664

4,759

Jul.2014

2,328

4,678

Aug.2014

2,263

4,591

Set.2014

2,146

4,559

Oct.2014

2,145

4,292

Nov.2014

1,779

3,681

Dec.2014

1,082

2,882

Jan.2015

879

4,420

Feb.2015

1,217

5,296

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Month to Month Year to Year

Jan2015

12.86%

113 SOLDout of

879 allSOLD

Feb2015

Feb2014

28.86%

534 SOLDout of

1,850 allSOLD

Feb2015

12.16%

148 SOLDout of

1,217 allSOLD

12.16%

148 SOLDout of

1,217 allSOLD

Homes sold at or above asking price

Compared to LAST MONTH,there are

less homesselling ator aboveasking price

Compared to LAST YEAR,there are

–5.40%less homesselling ator aboveasking price

-57.58%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Month to Month Year to Year

Jan2015

Feb2015

Feb2014

Feb2015

Sellers keptfrom asking

97.57% 97.55%

Sellers keptfrom asking

98.59% 97.55%

Buyers negotiated

2.43% 2.45%Buyers negotiated

1.41% 2.45%

How much buyers negotiated off asking price

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Month to Month Year to Year

Jan2015

Feb2015

Feb2014

Feb2015

$5,195$8,968

Average $ amount SOLD over askingSingle Family

Compared to LAST MONTH,homes sold over listreceived

Compared to LAST YEAR,homes sold over listreceived

Over asking

$less

–42.1%more

$5,195$4,539

+14.5%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Over asking

Month to Month Year to Year

Jan2015

$1,606Feb

2015Feb

2014Feb

2015

$2,193 $2,193$4,104

Average $ amount SOLD over askingCondos

Compared to LAST MONTH,condos sold over listreceived

Compared to LAST YEAR,homes sold over listreceived

-46.6%

$more less

+36.6%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Month to Month Year to Year

Jan2015

879 SOLDout of

4,420 listed

Feb2015

Feb2014

70.05%

1,217 SOLDout of

5,296 listed

1,850 SOLDout of

2,641 listed

Feb2015

1,217 SOLDout of

5,296 listed

Odds of selling(Percentage of Homes Sold VS Listings)

Compared to LAST MONTH,the odds of selling increasedby

Compared to LAST YEAR,the odds of selling decreasedby

–66.49%

22.98%22.98%19.89%

+15.55%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Month to Month Year to Year

DOM35

DOM30

DOM35

DOM41

Average Days on Market

Feb 2014

Feb 2015

Jan 2015

Feb 2015

Compared to LAST MONTH,homes are selling

faster

Compared to LAST YEAR,homes are selling

slower+17.1% -14.3%