january 2020 - creb 2020...monthly statistics package creb® region report to four months, a...

January 2020January 2020

MONTHLY STATISTICS PACKAGE

CREB® Region Report

76%

6%

8%

6%

2% 1% 1%

SHARE OF SALES January 2020

Calgary

Airdrie

Rocky View Region

Foothills Region

Mountain ViewRegionWheatland Region

Other Active Areas

Source: CREB®

REGIONAL HIGHLIGHTSFebruary 3, 2020

Airdrie• Improving sales and easing

inventories helped push the months of supply down to 4.7 months. This represents levels that are consistent with longer-term trends and reflects relatively balanced conditions.

• The improvements in the supply relative to demand have started to generate much more stability in prices, which have remained comparable to last month and slightly higher than last year’s levels.

Cochrane• January recorded a significant

gain in sales and a significant drop in new listings. This resulted in a drop in the months of supply to four months, a significant improvement from the 14 months recorded last January.

• If the improvements continue, this should start to support price stability. However, the recent change has not yet impacted prices, which remain nearly three per cent lower than last year’s levels.

Okotoks• Sales activity in town improved

to levels consistent with longer-term trends. The improvement in sales helped offset the slight rise in new listings, helping reduce inventories and bringing the months of supply down to levels more consistent with balanced conditions.

• The steady reduction in oversupply in this market is helping to generate more stability in prices. In January, benchmark prices remained comparable to levels recorded last year.

Jan. 20

CREB® Calgary Regional Housing Market Statistics 2

CREB® Region Summary

January 2020Sales

New Listings

Sales to New Listings Ratio

InventoryMonths of Supply

Benchmark Price

Average Price

Median Price

Share of Sales Activity

City of Calgary 863 2,358 36.60% 5,054 5.86 417,100 451,349 400,000 76%Airdrie 74 161 45.96% 346 4.68 329,800 380,489 360,000 6%Rocky View Region 89 231 38.53% 688 7.73 502,500 499,509 417,000 8%Foothills Region 64 156 41.03% 498 7.78 368,300 509,655 345,250 6%Mountain View Region 23 71 32.39% 287 12.48 299,000 295,870 295,000 2%Kneehill Region 2 11 18.18% 74 37.00 176,000 243,500 243,500 0%Wheatland Region 13 59 22.03% 194 14.92 210,300 273,231 325,000 1%Willow Creek Region 5 25 20.00% 100 20.00 204,700 268,200 225,000 0%Vulcan Region 0 10 0.00% 60 - 237,600 NA NA 0%Bighorn Region 7 33 21.21% 115 16.43 747,200 918,071 726,500 1%CREB® Economic Region 1,140 3,115 36.60% 7,416 6.51 411,500 450,313 395,000 100%

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®

Jan. 20

0

50

100

150

200

250

300

350

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®

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020

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

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020


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

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020

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

424,000

426,000

-

2,000

4,000

6,000

8,000

10,000

12,000

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'20

Inventory Sales Benchmark Price Source: CREB®

CREB® ECONOMIC REGION INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

9

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

50

100

150

200

250

300

3502020

2017 2018 2019 2020 Source: CREB®

CREB® ECONOMIC REGION TOTAL SALES BY PRICE RANGE

Jan. 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®

Jan. 20

-6%-4%-2%0%2%4%6%8%

10%12%

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®


Calgary CMA

January 2020Sales

New Listings



Benchmark Price

Average Price

Median Price


City of Calgary 863 2,358 36.60% 5,054 5.86 417,100 451,349 400,000 84%Airdrie 74 161 45.96% 346 4.68 329,800 380,489 360,000 7%Rocky View Region 89 231 38.53% 688 7.73 502,500 499,509 417,000 9%Calgary CMA 1,026 2,750 37.31% 6,088 5.93 415,400 450,416 400,000 100%

0

200

400

600

800

1,000

1,200

1,400

CALGARY CMA INVENTORY BY PRICE RANGE


Source: CREB®

Jan. 20

0

50

100

150

200

250

300

CALGARY CMA SALES BY PRICE RANGE


Source: CREB®

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020

Calgary Airdrie Rocky View RegionSource: CREB®

CALGARY CMA SALES: YEAR-TO-DATE

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020


Source: CREB®

CALGARY CMA NEW LISTINGS: YEAR-TO-DATE


Calgary CMA

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020

Detached Apartment Semi - DetachedRow 10 Year Average

Source: CREB®

CALGARY CMA TOTAL SALES

408,000

410,000

412,000

414,000

416,000

418,000

420,000

422,000

424,000

426,000

428,000

430,000

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'20


CALGARY CMA INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

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

50

100

150

200

250

3002020

2017 2018 2019 2020Source: CREB®

CALGARY CMA TOTAL SALES BY PRICE RANGE

Jan. 20


Airdrie

0

10

20

30

40

50

60

70

80

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020


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

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'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

5

10

15

20

25

30

352020

2017 2018 2019 2020Source: CREB®

AIRDRIE TOTAL SALES BY PRICE RANGE

Jan. 20


Rocky View Region

January 2020Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Rocky View Region 89 231 38.53% 688 7.73 502,500 499,509 417,000 100%Rural Rocky View 16 71 22.54% 255 15.94 758,300 888,781 806,000 18%Beiseker 0 2 0.00% 6 - - NA NA 0%Bragg Creek 2 6 33.33% 11 5.50 - 795,000 795,000 2%Chestermere 21 39 53.85% 134 6.38 441,300 496,248 465,000 24%Cochrane 45 75 60.00% 191 4.24 389,400 390,812 343,000 51%Crossfield 1 10 10.00% 31 31.00 - 135,000 135,000 1%Irricana 4 7 57.14% 14 3.50 - 125,750 95,000 4%Langdon 0 14 0.00% 31 - - NA NA 0%Redwood Meadows 0 5 0.00% 8 - - NA NA 0%

Other 0 2 0.00% 7 - - NA NA 0%

0

20

40

60

80

100

120

140

160

180INVENTORY BY PRICE RANGE

Rural Rocky View Cochrane Chestermere

Beiseker Bragg Creek Crossfield

Irricana Langdon Redwood MeadowsSource: CREB®

JANUARY

0

5

10

15

20

25SALES BY PRICE RANGE




JANUARY

Jan. 20

0

20

40

60

80

100

120

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020




ROCKY VIEW SALES: YEAR-TO-DATE

0

50

100

150

200

250

300

350

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020




ROCKY VIEW NEW LISTINGS: YEAR-TO-DATE


Cochrane

0

5

10

15

20

25

30

35

40

45

50

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020


Source: CREB®

COCHRANE TOTAL SALES

375,000

380,000

385,000

390,000

395,000

400,000

405,000

410,000

415,000

-

50

100

150

200

250

300

350

400

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'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

2

4

6

8

10

12

14

16

18

202020

2017 2018 2019 2020Source: CREB®

COCHRANE TOTAL SALES BY PRICE RANGE

Jan. 20


Chestermere

0

5

10

15

20

25

30

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020


Source: CREB®

CHESTERMERE TOTAL SALES

425,000

430,000

435,000

440,000

445,000

450,000

455,000

460,000

465,000

470,000

-

50

100

150

200

250

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'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

1

2

3

4

5

6

7

8

9

102020

2017 2018 2019 2020Source: CREB®

CHESTERMERE TOTAL SALES BY PRICE RANGE

Jan. 20


Rural Rocky View

0

2

4

6

8

10

12

14

16

18

20

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020


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

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'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

1

2

3

4

5

6

7

8

9

102020

2017 2018 2019 2020Source: CREB®

RURAL ROCKY VIEW TOTAL SALES BY PRICE RANGE

Jan. 20


Foothills Region

January 2020Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Foothills Region 64 156 41.03% 674 10.53 368,300 509,655 345,250 100%Rural Foothills 10 29 34.48% 134 13.40 455,800 1,239,650 955,000 15%Black Diamond 2 5 40.00% 14 7.00 - 299,000 299,000 3%Blackie 0 2 0.00% 6 - - NA NA 0%Cayley 0 0 - 6 - - NA NA 0%De Winton 1 4 25.00% 10 10.00 - 740,000 740,000 2%Heritate Pointe 1 10 10.00% 27 27.00 - 1,060,000 1,060,000 2%High River 18 23 78.26% 85 4.72 313,300 301,328 322,500 28%Okotoks 28 69 40.58% 174 6.21 410,300 385,018 340,000 43%Turner Valley 3 8 37.50% 19 6.33 294,900 438,333 410,000 5%Priddis Greens 0 3 0.00% 14 - - NA NA 0%Longview 1 2 50.00% 2 2.00 - 304,000 304,000 2%Other 1 3 33.33% 9 9.00 - 304,000 304,000 2%

0102030405060708090

100INVENTORY BY PRICE RANGE

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

JANUARY

0

5

10

15

20

25SALES BY PRICE RANGE

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

JANUARY

Jan. 20

0

10

20

30

40

50

60

70

80

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020

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

FOOTHILLS SALES: YEAR-TO-DATE

0

50

100

150

200

250

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020

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

5

10

15

20

25

30

35

40

45

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020


Source: CREB®

OKOTOKS TOTAL SALES

390,000

395,000

400,000

405,000

410,000

415,000

420,000

425,000

-

50

100

150

200

250

300

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'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

2

4

6

8

10

122020

2017 2018 2019 2020Source: CREB®

OKOTOKS TOTAL SALES BY PRICE RANGE

Jan. 20


Rural Foothills

0

2

4

6

8

10

12

14

16

18

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020


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

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'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

1

2

3

4

5

62020

2017 2018 2019 2020Source: CREB®

RURAL FOOTHILLS TOTAL SALES BY PRICE RANGE

Jan. 20


Wheatland Region

January 2020Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Wheatland Region* 13 59 22.03% 194 14.92 210,300 273,231 325,000 92%Rural Wheatland* 0 8 0.00% 43 - 210,300 NA NA 0%Carseland* 0 1 0.00% 3 - - NA NA 0%Lyalta* 0 3 0.00% 11 - - NA NA 0%Rockyford* 0 1 0.00% 4 - - NA NA 0%Strathmore 11 43 25.58% 121 11.00 330,300 281,545 325,000 85%Gleichen 1 1 100.00% 1 1.00 - 45,000 45,000 8%

Other* 2 3 66.67% 12 6.00 - 227,500 227,500 15%

*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®

JANUARY

0

1

2

3

4

5

6

SALES BY PRICE RANGE


Lyalta Rockyford OtherSource: CREB®

JANUARY

Jan. 20

0

5

10

15

20

25

30

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020


Lyalta RockyfordSource: CREB®

WHEATLAND SALES: YEAR-TO-DATE

0

10

20

30

40

50

60

70

80

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020


Lyalta RockyfordSource: CREB®

WHEATLAND NEW LISTINGS: YEAR-TO-DATE


Strathmore

0

5

10

15

20

25

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020


Source: CREB®

STRATHMORE TOTAL SALES

315,000

320,000

325,000

330,000

335,000

340,000

345,000

350,000

355,000

360,000

-

20

40

60

80

100

120

140

160

180

200

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Aug.'19

Sep.'19

Oct.'19

Nov.'19

Dec.'19

Jan.'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

1

2

3

4

5

6

7

8

9

102020

2017 2018 2019 2020Source: CREB®

STRATHMORE TOTAL SALES BY PRICE RANGE

Jan. 20


Mountain View Region

January 2020Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Mountain View Region* 23 71 32.39% 287 12.48 299,000 295,870 295,000 100%Rural Mountain View* 2 11 18.18% 76 38.00 254,200 509,000 509,000 9%Carstairs 4 15 26.67% 54 13.50 312,500 214,625 173,750 17%Cremona 0 0 - 3 - - NA NA 0%Didsbury 5 12 41.67% 31 6.20 291,700 299,600 298,000 22%Olds* 7 23 30.43% 83 11.86 330,900 259,643 295,000 30%Sundre* 5 10 50.00% 37 7.40 261,400 322,600 350,000 22%

Other* 0 0 - 3 - - NA NA 0%


0

10

20

30

40

50

60

70

80


Rural Mountain View Didsbury Olds

Sundre Carstairs Cremona

Other Source: CREB®

JANUARY

0

1

2

3

4

5

6

7

8

9



Sundre Carstairs Cremona

Other Source: CREB®

JANUARY

Jan. 20

0

5

10

15

20

25

30

35

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020


Sundre Carstairs Cremona Source: CREB®

MOUNTAIN VIEW SALES: YEAR-TO-DATE

0

10

20

30

40

50

60

70

80

90

100

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020


Sundre Carstairs Cremona Source: CREB®

MOUNTAIN VIEW NEW LISTINGS: YEAR-TO-DATE


Kneehill Region

January 2020Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Kneehill Region* 2 11 18.18% 74 37.00 176,000 243,500 243,500 100%Rural Kneehill* 0 1 0.00% 10 - 176,000 NA NA 0%Acme* 2 0 - 1 0.50 - 243,500 243,500 100%Linden* 0 1 0.00% 8 - - NA NA 0%Three Hills* 0 6 0.00% 19 - - NA NA 0%Torrington* 0 0 - 2 - - NA NA 0%Trochu* 0 2 0.00% 23 - - NA NA 0%

Other* 0 1 0.00% 13 - - NA NA 0%


0

5

10

15

20

25

30


Rural Kneehill Three Hills Acme

Linden Trochu Other Source: CREB®

JANUARY

0

1

2

3



Linden Trochu Other Source: CREB®

JANUARY

Jan. 20

0

1

2

3

4

5

6

7

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020


Linden Trochu Source: CREB®

KNEEHILL SALES: YEAR-TO-DATE

0

2

4

6

8

10

12

14

16

18

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020


Linden Trochu Source: CREB®

KNEEHILL NEW LISTINGS: YEAR-TO-DATE


Willow Creek Region

January 2020Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Willow Creek Region* 5 25 20.00% 100 20.00 204,700 268,200 225,000 100%Rural Willow Creek* 1 5 20.00% 24 24.00 204,000 430,000 430,000 20%Claresholm* 3 9 33.33% 33 11.00 - 194,000 185,000 60%Nanton* 1 7 14.29% 28 28.00 - 329,000 329,000 20%Stavely* 0 4 0.00% 14 - - NA NA 0%

Other* 0 0 - 1 - - NA NA 0%


0

5

10

15

20

25

30

35


Rural Willow Creek Claresholm Nanton Stavely Other

Source: CREB®

JANUARY

0

1

2

3


Rural Willow Creek Claresholm Nanton Stavely Other

Source: CREB®

JANUARY

Jan. 20

0

2

4

6

8

10

12

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020

Rural Willow Creek Claresholm Nanton StavelySource: CREB®

WILLOW CREEK SALES: YEAR-TO-DATE

0

5

10

15

20

25

30

35

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020

Rural Willow Creek Claresholm Nanton StavelySource: CREB®

WILLOW CREEK NEW LISTINGS: YEAR-TO-DATE


Vulcan Region

January 2020Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Vulcan Region* 0 10 0.00% 60 - 237,600 NA NA #DIV/0!Rural Vulcan* 0 3 0.00% 18 - - NA NA #DIV/0!Vulcan* 0 6 0.00% 25 - - NA NA #DIV/0!Carmangay* 0 0 - 3 - - NA NA #DIV/0!Champion* 0 1 0.00% 5 - - NA NA #DIV/0!

Other* 0 0 - 9 - - NA NA #DIV/0!


0

2

4

6

8

10

12

14

16

18

20


Rural Vulcan Vulcan Carmangay

Champion Other Source: CREB®

JANUARY

0

1


Rural Vulcan Vulcan Carmangay

Champion Other Source: CREB®

JANUARY

Jan. 20

0

1

1

2

2

3

3

4

4

5

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020

Rural Vulcan Vulcan Carmangay Champion

Source: CREB®

VULCAN SALES: YEAR-TO-DATE

0

2

4

6

8

10

12

14

16

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020

Rural Vulcan Vulcan Carmangay Champion

Source: CREB®

VULCAN NEW LISTINGS: YEAR-TO-DATE


Bighorn Region

January 2020Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Bighorn Region* 7 33 21.21% 115 16.43 747,200 918,071 726,500 100%Rural Bighorn* 0 0 - 8 - - NA NA 0%Canmore* 7 24 29.17% 87 12.43 - 918,071 726,500 100%

Other* 0 9 0.00% 20 - - NA NA 0%


0

5

10

15

20

25

30

35

40

45


Canmore Other Rural Bighorn

Source: CREB®

JANUARY

0

1

2

3

4


Canmore Other Rural Bighorn

Source: CREB®

JANUARY

Jan. 20

0

2

4

6

8

10

12

14

16

18

20

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020

Canmore Rural BighornSource: CREB®

BIGHORN SALES: YEAR-TO-DATE

0

10

20

30

40

50

60

70

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2020

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 transactionsas not 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**

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

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

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**

Jan. 20


january 2020 - creb 2020...monthly statistics package creb® region report to four months, a...

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