july 2019 - creb.com...monthly statistics package creb® region report levels. new listings have...

July 2019

MONTHLY STATISTICS PACKAGE

CREB® Region Report

76%

6%

6%

6%

2% 1% 3%

SHARE OF SALES July 2019

Calgary

Airdrie

Rocky View Region

Foothills Region

Mountain ViewRegionWheatland Region

Other Active Areas

Source: CREB®

REGIONAL HIGHLIGHTSAugust 1, 2019

Airdrie• For the fifth consecutive month,

year-over-year sales improved in Airdrie. Year-to-date sales reached 757 units, over three per cent higher than last year. Improving sales combined with declines in new listings have resulted in less inventory in the market compared to last year. This market is moving toward balanced conditions.

• Oversupply is easing, but July benchmark prices remain over three per cent below last year’s levels. There are steeper price declines occurring in the higher density sectors of the market.

Cochrane• Year-to-date residential sales in

Cochrane totalled 376 units, slightly lower then last year’s levels. New listings have been in decline, resulting in the fourth consecutive month with a year-over-year decline in inventory.

• This has caused the amount of oversupply to ease, supporting more stability in pricing. As of July, the benchmark price in Cochrane is $408,300, over four per cent lower than last year’s levels.

Okotoks• Total residential sales in Okotoks

have totalled 321 units so far in 2019. This is similar to last year, but below long-term trends. New listings continue to trend down, supporting inventory declines and easing in the months of supply.

• As the amount of oversupply in the market eases, prices have been showing signs of improvement compared to the previous month. However, year-to-date benchmark prices remain over four per cent lower than last year’s levels.

Jul. 19

CREB® Calgary Regional Housing Market Statistics 2

CREB® Region Summary

July 2019Sales

New Listings

Sales to New Listings Ratio

InventoryMonths of Supply

Benchmark Price

Average Price

Median Price

Share of Sales Activity

City of Calgary 1,646 2,720 60.51% 7,179 4.36 425,700 453,104 416,500 76%Airdrie 125 184 67.93% 517 4.14 331,100 380,225 374,000 6%Rocky View Region 137 284 48.24% 1,103 8.05 524,100 521,495 451,000 6%Foothills Region 139 200 69.50% 727 5.23 369,300 521,019 429,000 6%Mountain View Region 32 90 35.56% 443 13.84 308,500 344,022 335,750 1%Kneehill Region 9 10 90.00% 95 10.56 180,700 193,222 200,000 0%Wheatland Region 31 60 51.67% 277 8.94 207,600 359,735 342,500 1%Willow Creek Region 12 18 66.67% 124 10.33 199,300 227,042 230,500 1%Vulcan Region 11 10 110.00% 111 10.09 232,900 229,727 165,000 1%Bighorn Region 30 44 68.18% 150 5.00 770,600 655,747 608,250 1%CREB® Economic Region 2,172 3,620 60.00% 10,726 4.94 419,900 453,972 410,000 100%

0

300

600

900

1,200

1,500

1,800

2,100

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®

JULY

Jul. 19

0

100

200

300

400

500

600

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®

JULY

0

5,000

10,000

15,000

20,000

25,000

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY

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

5,000

10,000

15,000

20,000

25,000

30,000

35,000

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY


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

5,000

10,000

15,000

20,000

25,000

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY

Detached Apartment Semi - Detached

Row 10 Year AverageSource: CREB®

CREB® ECONOMIC REGION TOTAL SALES

400,000

405,000

410,000

415,000

420,000

425,000

430,000

435,000

440,000

-

2,000

4,000

6,000

8,000

10,000

12,000

14,000

May.'18

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19

Inventory Sales Benchmark Price Source: CREB®

CREB® ECONOMIC REGION INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

9

2014 2015 2016 2017 2018 2019

Months of Supply TrendedSource: CREB®

12 month moving average

CREB® ECONOMIC REGION MONTHS OF INVENTORY

-10%

-5%

0%

5%

10%

15%

2014 2015 2016 2017 2018 2019

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

2014 2015 2016 2017 2018 2019Detached Price Apartment PriceRow Price Semi Price

Source: CREB®

CREB® ECONOMIC REGION PRICES

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000YTD JULY

YTD 2016 YTD 2017 YTD 2018 YTD 2019 Source: CREB®

CREB® ECONOMIC REGION TOTAL SALES BY PRICE RANGE

Jul. 19


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®

JULY

Jul. 19

-12%-10%

-8%-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®

JULY


Calgary CMA

July 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


City of Calgary 1,646 2,720 60.51% 7,179 4.36 425,700 453,104 416,500 86%Airdrie 125 184 67.93% 517 4.14 331,100 380,225 374,000 7%Rocky View Region 137 284 48.24% 1,103 8.05 524,100 521,495 451,000 7%Calgary CMA 1,908 3,188 59.85% 8,799 4.61 424,300 453,240 414,750 100%

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

CALGARY CMA INVENTORY BY PRICE RANGE


Source: CREB®

JULY

Jul. 19

0

100

200

300

400

500

600

CALGARY CMA SALES BY PRICE RANGE


Source: CREB®

JULY

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY

Calgary Airdrie Rocky View RegionSource: CREB®

CALGARY CMA SALES: YEAR-TO-DATE

0

5,000

10,000

15,000

20,000

25,000

30,000

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY


Source: CREB®

CALGARY CMA NEW LISTINGS: YEAR-TO-DATE


Calgary CMA

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY

Detached Apartment Semi - DetachedRow 10 Year Average

Source: CREB®

CALGARY CMA TOTAL SALES

405,000

410,000

415,000

420,000

425,000

430,000

435,000

440,000

445,000

-

2,000

4,000

6,000

8,000

10,000

12,000

May.'18

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19


CALGARY CMA INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

2014 2015 2016 2017 2018 2019



CALGARY CMA MONTHS OF INVENTORY

-10%

-5%

0%

5%

10%

15%

2014 2015 2016 2017 2018 2019


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

500

1,000

1,500

2,000

2,500

3,000

3,500YTD JULY

YTD 2016 YTD 2017 YTD 2018 YTD 2019Source: CREB®

CALGARY CMA TOTAL SALES BY PRICE RANGE

Jul. 19


Airdrie

0

200

400

600

800

1,000

1,200

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY


Source: CREB®

AIRDRIE TOTAL SALES

315,000

320,000

325,000

330,000

335,000

340,000

345,000

350,000

-

100

200

300

400

500

600

700

May.'18

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19


AIRDRIE INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

9

2014 2015 2016 2017 2018 2019



AIRDRIE MONTHS OF INVENTORY

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

2014 2015 2016 2017 2018 2019


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

50

100

150

200

250

300

350YTD JULY


AIRDRIE TOTAL SALES BY PRICE RANGE

Jul. 19


Rocky View Region

July 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Rocky View Region 137 284 48.24% 1,103 8.05 524,100 521,495 451,000 100%Rural Rocky View 27 68 39.71% 396 14.67 789,000 911,742 839,400 20%Beiseker 2 4 50.00% 15 7.50 - 202,900 202,900 1%Bragg Creek 3 8 37.50% 22 7.33 - 716,352 770,000 2%Chestermere 28 66 42.42% 214 7.64 459,800 505,893 471,750 20%Cochrane 61 94 64.89% 321 5.26 408,300 384,131 369,000 45%Crossfield 5 11 45.45% 44 8.80 - 319,700 330,000 4%Irricana 2 7 28.57% 14 7.00 - 223,750 223,750 1%Langdon 8 10 80.00% 39 4.88 - 512,675 509,950 6%Redwood Meadows 1 5 20.00% 11 11.00 - 528,500 528,500 1%

Other 0 11 0.00% 27 - - NA NA 0%

0

50

100

150

200

250

300INVENTORY BY PRICE RANGE

Rural Rocky View Cochrane Chestermere

Beiseker Bragg Creek Crossfield

Irricana Langdon Redwood MeadowsSource: CREB®

JULY

0

5

10

15

20

25

30

35SALES BY PRICE RANGE




JULY

Jul. 19

0

200

400

600

800

1,000

1,200

1,400

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY




ROCKY VIEW SALES: YEAR-TO-DATE

0

500

1,000

1,500

2,000

2,500

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY




ROCKY VIEW NEW LISTINGS: YEAR-TO-DATE


Cochrane

0

100

200

300

400

500

600

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY


Source: CREB®

COCHRANE TOTAL SALES

385,000

390,000

395,000

400,000

405,000

410,000

415,000

420,000

425,000

430,000

-

50

100

150

200

250

300

350

400

450

May.'18

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19


COCHRANE INVENTORY AND SALES

-

2

4

6

8

10

12

14

16

2014 2015 2016 2017 2018 2019



COCHRANE MONTHS OF INVENTORY

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

2014 2015 2016 2017 2018 2019


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

20

40

60

80

100

120

140

160YTD JULY


COCHRANE TOTAL SALES BY PRICE RANGE

Jul. 19


Chestermere

0

50

100

150

200

250

300

350

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY


Source: CREB®

CHESTERMERE TOTAL SALES

440,000

445,000

450,000

455,000

460,000

465,000

470,000

475,000

480,000

485,000

-

50

100

150

200

250

May.'18

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19


CHESTERMERE INVENTORY AND SALES

-

2

4

6

8

10

12

14

16

2014 2015 2016 2017 2018 2019



CHESTERMERE MONTHS OF INVENTORY

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

2014 2015 2016 2017 2018 2019


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

10

20

30

40

50

60

70YTD JULY


CHESTERMERE TOTAL SALES BY PRICE RANGE

Jul. 19


Rural Rocky View

0

50

100

150

200

250

300

350

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY


Source: CREB®

RURAL ROCKY VIEW TOTAL SALES

740,000

750,000

760,000

770,000

780,000

790,000

800,000

810,000

820,000

830,000

-

50

100

150

200

250

300

350

400

450

May.'18

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19


RURAL ROCKY VIEW INVENTORY AND SALES

-

10

20

30

40

50

60

2014 2015 2016 2017 2018 2019



RURAL ROCKY VIEW MONTHS OF INVENTORY

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

2014 2015 2016 2017 2018 2019


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

20

40

60

80

100

120YTD JULY


RURAL ROCKY VIEW TOTAL SALES BY PRICE RANGE

Jul. 19


Foothills Region

July 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Foothills Region 139 200 69.50% 674 4.85 369,300 521,019 429,000 100%Rural Foothills 34 44 77.27% 230 6.76 444,600 891,603 812,500 24%Black Diamond 6 9 66.67% 25 4.17 - 330,250 363,000 4%Blackie 0 0 - 8 - - NA NA 0%Cayley 3 2 150.00% 3 1.00 - 178,333 195,000 2%De Winton 1 3 33.33% 7 7.00 - 647,000 647,000 1%Heritate Pointe 3 8 37.50% 38 12.67 - 1,053,623 1,030,868 2%High River 23 41 56.10% 131 5.70 315,300 290,864 285,000 16%Okotoks 55 75 73.33% 232 4.22 415,300 435,738 425,000 39%Turner Valley 12 12 100.00% 26 2.17 290,400 359,650 341,400 9%Priddis Greens 1 4 25.00% 14 14.00 - 440,000 440,000 1%Longview 1 1 100.00% 4 4.00 - 371,500 371,500 1%Other 1 2 50.00% 13 13.00 - 371,500 371,500 1%

0

20

40

60

80

100

120

140

160INVENTORY BY PRICE RANGE

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

JULY

0

5

10

15

20

25

30

35SALES BY PRICE RANGE

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

JULY

Jul. 19

0

100

200

300

400

500

600

700

800

900

1,000

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY

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

1,400

1,600

1,800

2,000

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY

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

100

200

300

400

500

600

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY


Source: CREB®

OKOTOKS TOTAL SALES

385,000

390,000

395,000

400,000

405,000

410,000

415,000

420,000

425,000

430,000

435,000

-

50

100

150

200

250

300

350

May.'18

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19


OKOTOKS INVENTORY AND SALES

-

2

4

6

8

10

12

14

16

2014 2015 2016 2017 2018 2019



OKOTOKS MONTHS OF INVENTORY

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

2014 2015 2016 2017 2018 2019


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

20

40

60

80

100

120

140YTD JULY


OKOTOKS TOTAL SALES BY PRICE RANGE

Jul. 19


Rural Foothills

0

20

40

60

80

100

120

140

160

180

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY


Source: CREB®

RURAL FOOTHILLS TOTAL SALES

390,000

400,000

410,000

420,000

430,000

440,000

450,000

-

50

100

150

200

250

300

May.'18

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19


RURAL FOOTHILLS INVENTORY AND SALES

-

10

20

30

40

50

60

2014 2015 2016 2017 2018 2019



RURAL FOOTHILLS MONTHS OF INVENTORY

-15%

-10%

-5%

0%

5%

10%

15%

20%

2014 2015 2016 2017 2018 2019


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

10

20

30

40

50

60

70YTD JULY


RURAL FOOTHILLS TOTAL SALES BY PRICE RANGE

Jul. 19


Wheatland Region

July 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Wheatland Region* 31 60 51.67% 277 8.94 207,600 359,735 342,500 97%Rural Wheatland* 4 9 44.44% 63 15.75 207,600 527,500 540,000 13%Carseland* 1 0 - 2 2.00 - 239,750 239,750 3%Lyalta* 3 4 75.00% 16 5.33 - 547,333 512,000 10%Rockyford* 1 3 33.33% 5 5.00 - 161,000 161,000 3%Strathmore 21 41 51.22% 168 8.00 335,500 318,193 305,000 68%Gleichen 0 0 - 4 - - NA NA 0%

Other* 1 3 33.33% 23 23.00 - 317,000 317,000 3%

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

0

10

20

30

40

50

60

70

80

INVENTORY BY PRICE RANGE

Strathmore Rural Wheatland Carseland

Lyalta Rockyford OtherSource: CREB®

JULY

0

2

4

6

8

10

12

SALES BY PRICE RANGE


Lyalta Rockyford OtherSource: CREB®

JULY

Jul. 19

0

50

100

150

200

250

300

350

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY


Lyalta RockyfordSource: CREB®

WHEATLAND SALES: YEAR-TO-DATE

0

100

200

300

400

500

600

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY


Lyalta RockyfordSource: CREB®

WHEATLAND NEW LISTINGS: YEAR-TO-DATE


Strathmore

0

50

100

150

200

250

300

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY


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

365,000

370,000

-

20

40

60

80

100

120

140

160

180

200

May.'18

Jun.'18

Jul.'18

Aug.'18

Sep.'18

Oct.'18

Nov.'18

Dec.'18

Jan.'19

Feb.'19

Mar.'19

Apr.'19

May.'19

Jun.'19

Jul.'19


STRATHMORE INVENTORY AND SALES

-

5

10

15

20

25

2014 2015 2016 2017 2018 2019



STRATHMORE MONTHS OF INVENTORY

-15%

-10%

-5%

0%

5%

10%

15%

20%

2014 2015 2016 2017 2018 2019


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

10

20

30

40

50

60

70YTD JULY


STRATHMORE TOTAL SALES BY PRICE RANGE

Jul. 19


Mountain View Region

July 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Mountain View Region* 32 90 35.56% 443 13.84 308,500 344,022 335,750 100%Rural Mountain View* 7 28 25.00% 124 17.71 274,800 517,143 552,500 22%Carstairs 9 15 60.00% 64 7.11 317,100 370,100 385,000 28%Cremona 0 1 0.00% 8 - - NA NA 0%Didsbury 6 14 42.86% 45 7.50 297,800 230,317 232,500 19%Olds* 5 17 29.41% 126 25.20 339,400 272,980 270,000 16%Sundre* 5 13 38.46% 69 13.80 268,800 262,200 245,500 16%

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


0

20

40

60

80

100

120

140


Rural Mountain View Didsbury Olds

Sundre Carstairs Cremona

Other Source: CREB®

JULY

0

2

4

6

8

10

12

14



Sundre Carstairs Cremona

Other Source: CREB®

JULY

Jul. 19

0

50

100

150

200

250

300

350

400

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY


Sundre Carstairs Cremona Source: CREB®

MOUNTAIN VIEW SALES: YEAR-TO-DATE

0

100

200

300

400

500

600

700

800

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY


Sundre Carstairs Cremona Source: CREB®

MOUNTAIN VIEW NEW LISTINGS: YEAR-TO-DATE


Kneehill Region

July 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Kneehill Region* 9 10 90.00% 95 10.56 180,700 193,222 200,000 89%Rural Kneehill* 0 3 0.00% 14 - 180,700 NA NA 0%Acme* 0 1 0.00% 8 - - NA NA 0%Linden* 0 2 0.00% 8 - - NA NA 0%Three Hills* 5 3 166.67% 25 5.00 - 220,800 247,500 56%Torrington* 0 0 - 4 - - NA NA 0%Trochu* 3 1 300.00% 18 6.00 - 165,000 165,000 33%

Other* 1 0 - 22 22.00 - 140,000 140,000 11%


0

5

10

15

20

25

30

35

40

45


Rural Kneehill Three Hills Acme

Linden Trochu Other Source: CREB®

JULY

0

1

2

3

4

5

6



Linden Trochu Other Source: CREB®

JULY

Jul. 19

0

10

20

30

40

50

60

70

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY


Linden Trochu Source: CREB®

KNEEHILL SALES: YEAR-TO-DATE

0

20

40

60

80

100

120

140

160

180

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY


Linden Trochu Source: CREB®

KNEEHILL NEW LISTINGS: YEAR-TO-DATE


Willow Creek Region

July 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Willow Creek Region* 12 18 66.67% 124 10.33 199,300 227,042 230,500 100%Rural Willow Creek* 0 3 0.00% 26 - 198,600 NA NA 0%Claresholm* 6 11 54.55% 51 8.50 - 239,583 277,250 50%Nanton* 5 3 166.67% 30 6.00 - 235,400 240,000 42%Stavely* 1 1 100.00% 11 11.00 - 110,000 110,000 8%

Other* 0 0 - 6 - - NA NA 0%


0

5

10

15

20

25

30

35

40


Rural Willow Creek Claresholm Nanton Stavely Other

Source: CREB®

JULY

0

1

2

3

4

5

6


Rural Willow Creek Claresholm Nanton Stavely Other

Source: CREB®

JULY

Jul. 19

0

20

40

60

80

100

120

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY

Rural Willow Creek Claresholm Nanton StavelySource: CREB®

WILLOW CREEK SALES: YEAR-TO-DATE

0

50

100

150

200

250

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY

Rural Willow Creek Claresholm Nanton StavelySource: CREB®

WILLOW CREEK NEW LISTINGS: YEAR-TO-DATE


Vulcan Region

July 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Vulcan Region* 11 10 110.00% 111 10.09 232,900 229,727 165,000 100%Rural Vulcan* 5 4 125.00% 51 10.20 - 363,800 260,000 45%Vulcan* 4 5 80.00% 33 8.25 - 137,500 150,000 36%Carmangay* 0 0 - 7 - - NA NA 0%Champion* 0 0 - 5 - - NA NA 0%

Other* 2 1 200.00% 15 7.50 - 79,000 79,000 18%


0

5

10

15

20

25

30

35

40

45


Rural Vulcan Vulcan Carmangay

Champion Other Source: CREB®

JULY

0

1

2

3

4

5

6

7

8


Rural Vulcan Vulcan Carmangay

Champion Other Source: CREB®

JULY

Jul. 19

0

10

20

30

40

50

60

70

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY

Rural Vulcan Vulcan Carmangay Champion

Source: CREB®

VULCAN SALES: YEAR-TO-DATE

0

20

40

60

80

100

120

140

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY

Rural Vulcan Vulcan Carmangay Champion

Source: CREB®

VULCAN NEW LISTINGS: YEAR-TO-DATE


Bighorn Region

July 2019Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Bighorn Region* 30 44 68.18% 150 5.00 770,600 655,747 608,250 100%Rural Bighorn* 0 0 - 9 - - NA NA 0%Canmore* 29 42 69.05% 129 4.45 - 663,337 615,000 97%

Other* 1 2 50.00% 12 12.00 - 435,645 435,645 3%


0

10

20

30

40

50

60


Canmore Other Rural Bighorn

Source: CREB®

JULY

0

1

2

3

4

5

6

7

8

9

10

11


Canmore Other Rural Bighorn

Source: CREB®

JULY

Jul. 19

0

20

40

60

80

100

120

140

160

180

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY

Canmore Rural BighornSource: CREB®

BIGHORN SALES: YEAR-TO-DATE

0

100

200

300

400

500

600

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD2017

YTD2018

YTD2019

YTD JULY

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**

Jul. 19


july 2019 - creb.com...monthly statistics package creb® region report levels. new listings have...

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