may calgary real estate market statistics 2011

8/6/2019 May Calgary Real Estate Market Statistics 2011

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calgary regional housing market statistic

inner city housing market leaDs in sales

Buyers fnd value in inner city communities

Calgary, June 1, 2011 – According to fgures released today by CREB®(Calgary Real Estate Board), year-to-date residential sales in the innercity grew nearly 4 per cent, outperorming the city wide average. City o Calgary residential sales totaled 1,816 in May 2011, a 2 per cent increasein volume over May 2010. However, slower early spring sales resultedin the overall year-to-date sales being 3 per cent lower than the 2010spring market.

As the city grows, improvements in the inner city communities areconsistent with changing preerences in liestyle options.

“Consumers are looking or shorter commute times to work and easy access

to a wider range o services provided by these inner city communities,”says Sano Stante, president o CREB®.

“Many o these communities are surrounded by abundant amenities suchas parks, mature trees, diverse shopping and transit which appeals to awide range o consumers; urthermore, inner city homes can be considereda stable real estate investment, as there is signifcant value in land locatednear the city’s core.”

The average price or single amily homes in May 2011 was $489,482 andthe median price $423,000, comparable to levels recorded last year. Singleamily home sales were 1,313 in May 2011, a 5 per cent increase over last year, while 2,552 listings came to market, a 14 per cent decline over thesame period last year.

The decline in listings has caused inventory levels to come down to 4,616units, an 18 per cent decline rom last year. Moderate sales and a reductionin inventory have resulted in a decline in months o supply compared toMay 2010.

To date, the single amily market has ared better than the condominiummarket, as prices have come down rom peak levels recorded in 2007providing individuals more options with regard to home ownership, notedStante. Ater the frst fve months o the year, single amily home saleswere 5,835 units, consistent with sales levels during the same time ramelast year.

“With just under our months supply, we expect single amily home pricesto remain stable in the coming months,” says Stante. “Provided that interestrates remain moderated, we are positive about the near term stability andrecovery in the Calgary real estate market. ”

“While condominiums continue to experience some decline in salesand prices, the rate o decline seems to be easing, indicating signs o improvement in this market” adds Stante.

The inventory o condominiums continues to remain higher than average, but has declined by 21 per cent rom levels recorded in May 2010.

Condominium sales were 503 or May 2011, 3 per cent lower than last year’s fgures. Year-to-date condominium sales are 11 per cent lower thanlast year’s levels, however, listings have declined by 19 per cent as well over

the same time rame, placing downward pressure oninventories.

“Full time employment growth has been sluggish inCalgary, with only notable improvements occurring in April,” says Stante. “All indications point to the trendthat as ull-time employment growth takes hold in thelater portion o the year, so too will improvements inmigration, ultimately translating into improvements inthe housing market.”

may 201

About CREB®

CREB® is a proessional body o more than 5300 licensed brokerand registered associates, representing 244 member oces. CREB®

is dedicated to enhancing the value, integrity and expertise o its

REALTOR® members. Our REALTORS® are committed to a high

standard o proessional conduct, ongoing education, and a strict Code

o Ethics and standards o business practice.

Any use or reerence to CREB® data and statistics must acknowledg

CREB® as the source. The board does not generate statistics or analysis

o any individual member or company’s market share. Average

price inormation can be useul in establishing trends over time

but does not indicate actual prices in centres comprised o widely

divergent neighbourhoods, or account or price dierentials between

geographical areas. All MLS® active listings or Calgary and area may

be ound on the board’s website at www.creb.com.

Total Single Family Months o Inventory

Total Condominium Months o Inventory

3.00

4.00

5.00

6.00

7.00

8.00

9.00

10.00

‐

1.00

2.00

Single Family M o nt h s o f I n ve n to r y L R A v er a g e

3.00

4.00

5.00

6.00

7.00

8.00

9.00

10.00

0.00

1.00

2.00

Condo M o nt h s o f I n ve n to r y L R A v er a g e



*Total MLS® includes Mobile Listings**Year-to-date values in the monthly statistics package will accurately reflect our database at that specific point in time.

2011 2010 Mth Chg ** 2011 YTD **2010 YTD YTD ChgSINGLE FAMILY (Calgary Metro)Month End Inventory 4,616 5,649 -18.29% n/a n/a n/a

New Listings Added 2,552 2,966 -13.96% 11,512 13,005 -11.48%Sales 1,313 1,262 4.04% 5,835 5,796 0.67%Avg DOM Sold 41 38 7.89% 43 36 19.44%

Avg DOM Active 52 46 13.04% 52 46 13.04%Average Sale Price 489,482 483,240 1.29% 470,616 465,058 1.20%Median Price 423,000 420,000 0.71% 408,000 415,000 -1.69%

Total Sales 642,690,499 609,848,752 5.39% 2,746,047,041 2,695,477,119 1.88%

Sales $/List $ 97.16% 97.11% 0.05% 97.00% 97.44% -0.45%

CONDOMINIUM (Calgary Metro)

Month End Inventory 2,092 2,656 -21.23% n/a n/a n/aNew Listings Added 1,017 1,221 -16.71% 4,829 5,994 -19.44%

Sales 503 518 -2.90% 2,386 2,676 -10.84%Avg DOM Sold 49 43 13.95% 52 42 23.81%Avg DOM Active 55 50 10.00% 55 50 10.00%

Average Sale Price 287,384 304,662 -5.67% 286,903 291,801 -1.68%Median Price 268,500 279,900 -4.07% 262,000 270,000 -2.96%

Total Sales 144,553,999 157,815,081 -8.40% 684,550,905 780,860,512 -12.33%Sales $/List $ 96.84% 97.22% -0.39% 96.71% 97.14% -0.44%

TOWNS (Outside Calgary)

Month End Inventory 3,029 2,897 4.56% n/a n/a n/aNew Listings Added 1,045 941 11.05% 4,308 4,379 -1.62%

Sales 395 338 16.86% 1,521 1,721 -11.62%Avg DOM Sold 77 60 28.33% 79 64 23.44%Avg DOM Active 89 84 5.95% 89 84 5.95%

Average Sale Price 343,071 363,231 -5.55% 348,840 358,879 -2.80%Median Price 330,000 354,000 -6.78% 325,500 335,700 -3.04%Total Sales 135,513,214 122,772,148 10.38% 530,586,053 617,630,643 -14.09%

Sales $/List $ 96.34% 97.11% -0.79% 96.74% 97.05% -0.33%

COUNTRY RESIDENTIAL (Acreages)

Month End Inventory 1,168 1,125 3.82% n/a n/a n/aNew Listings Added 349 289 20.76% 1,295 1,294 0.08%

Sales 73 74 -1.35% 279 285 -2.11%

Avg DOM Sold 123 84 46.43% 108 88 22.73%Avg DOM Active 100 100 0.00% 100 100 0.00%

Average Sale Price 803,008 864,084 -7.07% 807,194 861,258 -6.28%Median Price 750,000 820,000 -8.54% 750,000 775,000 -3.23%Total Sales 58,619,600 63,942,200 -8.32% 225,207,077 245,458,475 -8.25%

Sales $/List $ 94.62% 94.01% 0.65% 94.04% 94.49% -0.48%

RURAL LAND

Month End Inventory 646 553 16.82% n/a n/a n/a

New Listings Added 126 103 22.33% 495 495 0.00%Sales 23 32 -28.13% 77 99 -22.22%Avg DOM Sold 140 132 6.06% 104 128 -18.75%

Avg DOM Active 173 137 26.28% 173 137 26.28%Average Sale Price 437,968 439,513 -0.35% 408,761 422,404 -3.23%

Median Price 330,000 363,000 -9.09% 340,000 355,000 -4.23%Total Sales 10,073,260 14,064,400 -28.38% 31,474,615 41,818,045 -24.73%Sales $/List $ 88.68% 88.45% 0.26% 91.51% 90.76% 0.82%

TOTAL MLS®*

Month End Inventory 11,650 12,989 -10.31% n/a n/a n/aNew Listings Added 5,117 5,542 -7.67% 22,545 25,323 -10.97%Sales 2,315 2,239 3.39% 10,138 10,632 -4.65%

Avg DOM Sold 53 45 17.78% 53 45 17.78%Avg DOM Active 74 64 15.63% 74 64 15.63%Average Sale Price 428,475 433,030 -1.05% 416,251 412,397 0.93%

Median Price 370,000 375,000 -1.33% 362,500 365,000 -0.68%Total Sales 991,919,672 969,553,081 2.31% 4,219,955,091 4,384,604,594 -3.76%

Sales $/List $ 96.75% 96.78% -0.03% 96.71% 97.09% -0.39%

CREB® - TOTAL MLS® FOR MAY 2011



SINGLE FAMILY

0 - 99,999 - 0.00% 1 0.02% 1 0.08% 1 0.02%

100,000 - 199,999 14 1.07% 75 1.29% 6 0.48% 40 0.69%

200,000 - 299,999 138 10.51% 705 12.08% 131 10.43% 622 10.75%

300,000 - 349,999 190 14.47% 945 16.20% 192 15.29% 916 15.83%

350,000 - 399,999 221 16.83% 1,057 18.12% 215 17.12% 1,010 17.46%

400,000 - 449,999 206 15.69% 835 14.31% 204 16.24% 958 16.56%450,000 - 499,999 130 9.90% 593 10.16% 146 11.62% 638 11.03%

500,000 - 549,999 97 7.39% 377 6.46% 88 7.01% 410 7.09%

550,000 - 599,999 68 5.18% 279 4.78% 63 5.02% 304 5.25%

600,000 - 649,999 58 4.42% 204 3.50% 35 2.79% 217 3.75%

650,000 - 699,999 36 2.74% 172 2.95% 38 3.03% 164 2.83%

700,000 - 799,999 49 3.73% 204 3.50% 41 3.26% 184 3.18%

800,000 - 899,999 36 2.74% 134 2.30% 25 1.99% 110 1.90%

900,000 - 999,999 18 1.37% 63 1.08% 16 1.27% 63 1.09%

1,000,000 - 1,249,999 23 1.75% 71 1.22% 29 2.31% 75 1.30%

1,250,000 - 1,499,999 14 1.07% 50 0.86% 12 0.96% 35 0.60%

1,500,000 - 1,749,999 2 0.15% 17 0.29% 2 0.16% 13 0.22%

1,750,000 - 1,999,999 6 0.46% 23 0.39% 5 0.40% 6 0.10%

2,000,000 - 2,499,999 2 0.15% 15 0.26% 6 0.48% 16 0.28%

2,500,000 - 2,999,999 4 0.30% 10 0.17% 1 0.08% 3 0.05%

3,000,000 - 3,499,999 1 0.08% 3 0.05% - 0.00% - 0.00%

3,500,000 - 3,999,999 - 0.00% 1 0.02% - 0.00% - 0.00%

Over 4,000,000 - 0.00% - 0.00% - 0.00% 1 0.02%

1,313 5,834 1,256 5,786

CONDO

0 - 99,999 3 0.60% 22 0.92% 3 0.58% 10 0.37%

100,000 - 199,999 92 18.29% 500 20.96% 61 11.78% 391 14.63%

200,000 - 299,999 222 44.14% 1,029 43.13% 238 45.95% 1,249 46.73%

300,000 - 349,999 69 13.72% 329 13.79% 92 17.76% 463 17.32%

350,000 - 399,999 49 9.74% 231 9.68% 52 10.04% 250 9.35%400,000 - 449,999 25 4.97% 86 3.60% 28 5.41% 122 4.56%

450,000 - 499,999 23 4.57% 72 3.02% 15 2.90% 63 2.36%

500,000 - 549,999 4 0.80% 26 1.09% 10 1.93% 34 1.27%

550,000 - 599,999 4 0.80% 26 1.09% 4 0.77% 29 1.08%

600,000 - 649,999 4 0.80% 15 0.63% 5 0.97% 23 0.86%

650,000 - 699,999 3 0.60% 17 0.71% 2 0.39% 10 0.37%

700,000 - 799,999 5 0.99% 12 0.50% 2 0.39% 13 0.49%

800,000 - 899,999 - 0.00% 13 0.54% 3 0.58% 9 0.34%

900,000 - 999,999 - 0.00% 1 0.04% 2 0.39% 4 0.15%

1,000,000 - 1,249,999 - 0.00% 3 0.13% - 0.00% 1 0.04%

1,250,000 - 1,499,999 - 0.00% 2 0.08% 1 0.19% 2 0.07%

1,500,000 - 1,749,999 - 0.00% - 0.00% - 0.00% - 0.00%

1,750,000 - 1,999,999 - 0.00% - 0.00% - 0.00% - 0.00%

2,000,000 - 2,499,999 - 0.00% - 0.00% - 0.00% - 0.00%

2,500,000 - 2,999,999 - 0.00% 1 0.04% - 0.00% - 0.00%

3,000,000 - 3,499,999 - 0.00% - 0.00% - 0.00% - 0.00%

3,500,000 - 3,999,999 - 0.00% - 0.00% - 0.00% - 0.00%

Over 4,000,000 - 0.00% 1 0.04% - 0.00% - 0.00%

503 2,386 518 2,673

**Year-to-date values in the monthly statistics package will accurately reflect our database at that specific point in time. Older monthly statistics will not reflect

up-to-date changes that naturally occur.”

CREB ® CALGARY METRO BY PRICE

May-11 May-10

Month **Y.T.D. Month **Y.T.D.



TOWNS

0 - 99,999 18 4.56% 36 2.37% 6 1.78% 34 1.98%

100,000 - 199,999 42 10.63% 188 12.36% 30 8.88% 171 9.95%

200,000 - 299,999 98 24.81% 397 26.10% 73 21.60% 415 24.16%

300,000 - 349,999 72 18.23% 275 18.08% 53 15.68% 309 17.99%

350,000 - 399,999 51 12.91% 198 13.02% 62 18.34% 282 16.41%400,000 - 449,999 56 14.18% 163 10.72% 50 14.79% 190 11.06%

450,000 - 499,999 15 3.80% 96 6.31% 22 6.51% 94 5.47%

500,000 - 549,999 20 5.06% 56 3.68% 14 4.14% 80 4.66%

550,000 - 599,999 7 1.77% 26 1.71% 6 1.78% 28 1.63%

600,000 - 649,999 3 0.76% 13 0.85% 5 1.48% 29 1.69%

650,000 - 699,999 4 1.01% 21 1.38% 7 2.07% 21 1.22%

700,000 - 799,999 1 0.25% 14 0.92% 4 1.18% 19 1.11%

800,000 - 899,999 4 1.01% 10 0.66% 2 0.59% 15 0.87%

900,000 - 999,999 - 0.00% 7 0.46% 3 0.89% 14 0.81%

1,000,000 - 1,249,999 1 0.25% 9 0.59% - 0.00% 9 0.52%

1,250,000 - 1,499,999 2 0.51% 10 0.66% 1 0.30% 6 0.35%

1,500,000 - 1,749,999 - 0.00% 1 0.07% - 0.00% 1 0.06%

1,750,000 - 1,999,999 - 0.00% - 0.00% - 0.00% 1 0.06%

2,000,000 - 2,499,999 - 0.00% - 0.00% - 0.00% - 0.00%

2,500,000 - 2,999,999 1 0.25% 1 0.07% - 0.00% - 0.00%

3,000,000 - 3,499,999 - 0.00% - 0.00% - 0.00% - 0.00%

3,500,000 - 3,999,999 - 0.00% - 0.00% - 0.00% - 0.00%

Over 4,000,000 - 0.00% - 0.00% - 0.00% - 0.00%

395 1,521 338 1,718

COUNTRY RESIDENTIAL (ACREAGES)

0 - 99,999 - 0.00% 3 1.08% 2 2.74% 3 1.06%

100,000 - 199,999 3 4.11% 10 3.58% 5 6.85% 13 4.61%

200,000 - 299,999 8 10.96% 27 9.68% 5 6.85% 12 4.26%

300,000 - 349,999 3 4.11% 8 2.87% 1 1.37% 13 4.61%350,000 - 399,999 3 4.11% 7 2.51% 3 4.11% 7 2.48%

400,000 - 449,999 4 5.48% 12 4.30% 2 2.74% 5 1.77%

450,000 - 499,999 - 0.00% 4 1.43% 5 6.85% 12 4.26%

500,000 - 549,999 4 5.48% 11 3.94% 1 1.37% 7 2.48%

550,000 - 599,999 3 4.11% 14 5.02% 1 1.37% 12 4.26%

600,000 - 649,999 - 0.00% 9 3.23% 3 4.11% 18 6.38%

650,000 - 699,999 4 5.48% 18 6.45% 4 5.48% 16 5.67%

700,000 - 799,999 10 13.70% 35 12.54% 3 4.11% 31 10.99%

800,000 - 899,999 9 12.33% 28 10.04% 11 15.07% 38 13.48%

900,000 - 999,999 3 4.11% 20 7.17% 6 8.22% 22 7.80%

1,000,000 - 1,249,999 11 15.07% 39 13.98% 7 9.59% 30 10.64%

1,250,000 - 1,499,999 2 2.74% 13 4.66% 5 6.85% 20 7.09%

1,500,000 - 1,749,999 2 2.74% 7 2.51% 3 4.11% 9 3.19%1,750,000 - 1,999,999 1 1.37% 3 1.08% 2 2.74% 5 1.77%

2,000,000 - 2,499,999 2 2.74% 7 2.51% 2 2.74% 6 2.13%

2,500,000 - 2,999,999 1 1.37% 4 1.43% 2 2.74% 2 0.71%

3,000,000 - 3,499,999 - 0.00% - 0.00% - 0.00% - 0.00%

3,500,000 - 3,999,999 - 0.00% - 0.00% - 0.00% 1 0.35%

Over 4,000,000 - 0.00% - 0.00% - 0.00% - 0.00%

73 279 73 282

**Year-to-date values in the monthly statistics package will accurately reflect our database at that specific point in time. Older monthly statistics will not reflect

up-to-date changes that naturally occur.”

Month **Y.T.D. Month **Y.T.D.

CREB® TOWN AND COUNTRY BY PRICE CATEGORY

May-11 May-10



Style Inventory

Listings

Added Sales Avg Price Total Sales Median Price Avg DOM S$/L$

NW

BK-SP 3 4 1 320,000 320,000 320,000 19 97.56%BLEVL 117 67 40 376,423 15,056,938 357,750 43 97.29%BUNG 378 226 128 434,013 55,553,650 402,000 35 97.16%BUNGH 13 7 4 666,850 2,667,400 680,000 90 96.41%BUNGS 1 1 1 500,000 500,000 500,000 11 98.06%SPLT2 80 41 22 486,798 10,709,550 450,000 43 97.19%SPLT3 10 4 1 600,000 600,000 600,000 21 96.00%SPLT4 62 39 17 404,096 6,869,626 370,000 28 97.66%SPLT5 6 5 3 504,300 1,512,900 556,900 41 100.95%ST1.5 24 14 8 462,438 3,699,500 406,500 37 96.34%ST2 859 461 276 499,109 137,754,089 438,000 41 97.36%ST2.5 7 2 4 1,070,750 4,283,000 853,000 39 96.25%ST3 11 6 1 750,000 750,000 750,000 83 97.42%VILLA 5 3 1 442,500 442,500 442,500 10 98.36%

NE BK-SP 6 5 0 - - - 0 0.00%BLEVL 150 89 20 263,843 5,276,850 282,000 34 96.67%BUNG 217 123 48 267,856 12,857,100 259,000 43 96.10%BUNGH 5 3 0 - - - 0 0.00%SPLT2 19 9 2 417,500 835,000 365,000 60 96.12%SPLT3 6 6 6 280,333 1,682,000 253,000 39 96.29%SPLT4 90 45 15 313,467 4,702,000 300,000 80 96.24%ST1.5 3 1 1 225,000 225,000 225,000 94 97.87%ST2 329 137 63 301,883 19,018,600 296,500 38 96.36%

SW

BK-SP 4 1 0 - - - 0 0.00%BLEVL 44 31 12 427,588 5,131,050 395,000 26 98.20%BUNG 267 185 107 520,412 55,684,120 450,000 34 97.45%BUNGH 8 2 4 465,500 1,862,000 395,000 34 97.26%BUNGS 1 0 0 - - - 0 0.00%SPLT2 60 40 28 614,282 17,199,900 528,000 35 97.77%SPLT3 6 4 3 475,667 1,427,000 425,000 27 105.71%SPLT4 59 38 27 447,028 12,069,750 400,000 32 97.14%SPLT5 10 5 3 1,207,917 3,623,750 1,223,750 56 89.61%ST1.5 25 13 7 734,357 5,140,500 664,500 28 97.92%ST2 762 434 220 667,408 146,829,649 542,000 43 96.88%ST2.5 14 8 4 926,081 3,704,325 798,325 26 94.40%ST3 25 8 1 980,000 980,000 980,000 171 98.01%VILLA 9 9 2 661,255 1,322,509 637,509 33 100.00%

SE

BK-SP 6 2 1 365,000 365,000 365,000 64 97.33%

BLEVL 37 19 15 347,536 5,213,035 330,000 33 97.41%BUNG 196 125 56 414,586 23,216,808 367,000 44 97.78%BUNGH 4 1 0 - - - 0 0.00%SPLT2 51 33 18 556,333 10,014,000 515,000 50 97.58%SPLT3 4 4 2 340,000 680,000 330,000 66 96.62%SPLT4 46 17 7 423,571 2,965,000 427,000 48 96.60%SPLT5 3 0 0 - - - 0 0.00%ST1.5 4 2 0 - - - 0 0.00%ST2 493 247 131 447,682 58,646,400 415,000 45 97.57%ST3 1 0 0 - - - 0 0.00%VILLA 2 2 0 - - - 0 0.00%

NOTE: The above sales totals and median prices are for detached homes only.These figures do not include:

Residential Attached, Duplex Side by Side, Duplex Up and Down, Townhouse, or Vacant Lot.

CALGARY METRO

CREB®

SINGLE FAMILY BY STYLE

May 2010



Style Inventory

Listings

Added Sales Avg Price Total Sales Median Price Avg DOM S$/L$

NW

APART 257 140 67 237,552 15,915,986 217,500 58 96.78%APRTM 23 11 6 306,451 1,838,707 324,000 33 97.75%

BK-SP 0 0 1 88,000 88,000 88,000 22 88.09%

BLEVL 7 5 9 254,778 2,293,000 245,000 47 97.41%

BUNG 24 10 5 323,200 1,616,000 310,000 28 97.09%

BUNGH 2 2 0 - - - 0 0.00%

PENTH 1 0 0 - - - 0 0.00%

SPLT2 2 1 3 307,667 923,000 327,000 31 98.32%

SPLT3 5 3 0 - - - 0 0.00%

SPLT4 14 3 3 341,667 1,025,000 330,000 48 97.66%

SPLT5 6 4 2 364,500 729,000 310,000 99 94.21%

ST2 184 104 48 320,318 15,375,275 296,000 51 97.76%

ST2.5 2 1 0 - - - 0 0.00%

ST3 17 4 2 235,500 471,000 206,000 32 95.02%

VILLA 8 3 3 398,333 1,195,000 375,000 34 96.89%

NE

APART 62 23 9 160,056 1,440,500 170,000 65 95.45%

BLEVL 3 4 3 130,500 391,500 130,000 50 94.16%

BUNG 13 8 1 105,000 105,000 105,000 28 87.57%

SPLT2 1 0 0 - - - 0 0.00%

SPLT4 2 1 0 - - - 0 0.00%

ST2 88 35 12 172,542 2,070,500 156,000 33 96.43%

ST3 3 0 0 - - - 0 0.00%

VILLA 2 0 0 - - - 0 0.00%

SW

APART 733 352 179 281,296 50,351,922 273,000 48 96.20%

APRTM 34 11 7 322,250 2,255,750 281,000 64 97.11%

BK-SP 0 0 1 265,000 265,000 265,000 20 98.18%

BLEVL 13 5 1 182,000 182,000 182,000 34 97.07%

BUNG 45 28 10 340,790 3,407,900 301,000 26 97.30%

BUNGS 1 0 0 - - - 0 0.00%

LOFT 22 14 3 247,667 743,000 243,000 66 96.67%

PENTH 21 11 2 456,500 913,000 249,000 24 96.22%

SPLT2 6 2 1 480,500 480,500 480,500 15 96.12%

SPLT3 4 4 1 420,000 420,000 420,000 10 97.67%

SPLT4 21 10 5 271,400 1,357,000 270,000 42 96.06%

SPLT5 7 2 2 386,500 773,000 358,000 15 97.26%

ST1.5 0 0 1 745,000 745,000 745,000 71 98.16%

ST2 163 89 55 337,768 18,577,259 305,000 50 97.67%

ST2.5 4 2 1 365,000 365,000 365,000 22 97.36%

ST3 53 17 3 536,667 1,610,000 615,000 72 96.54%

VILLA 17 6 6 501,250 3,007,500 478,500 46 97.26%

SE

APART 102 46 22 235,923 5,190,300 229,000 60 96.45%

APRTM 4 1 0 - - - 0 0.00%

BLEVL 3 1 0 - - - 0 0.00%

BUNG 13 5 1 315,000 315,000 315,000 54 98.47%

LOFT 1 1 0 - - - 0 0.00%

SPLT2 2 0 1 475,000 475,000 475,000 185 97.96%

SPLT3 1 0 1 280,500 280,500 280,500 64 98.46%

SPLT4 6 4 0 - - - 0 0.00%

ST2 72 37 26 283,150 7,361,900 252,000 44 97.44%

ST3 3 2 0 - - - 0 0.00%

VILLA 4 2 0 - - - 0 0.00%

CREB®

CALGARY METRO

CONDO BY STYLE

May 2010



Type

Sold or

Leased

Sold or

Leased

Avg Price or

Lse / M2

Avg DOM Total Sales SP / LP

IND L 14 8.75 67

OFC L 14 13.39 103

RET L 4 21.08 94

AGR S 3 313,000 25 939,000 91.08%

BUS S 34 102,446 129 3,483,150 80.61%

BWP S 10 928,219 153 9,282,190 90.67%

IND S 8 511,250 124 4,090,000 87.88%

LAN S 8 1,069,286 164 7,485,000 76.94%

MFC S 11 904,636 65 9,951,000 94.54%

OFC S 8 533,850 146 4,270,800 73.74%

RET S 13 880,909 160 9,690,000 90.00%

Type

Sold or

Leased

Sold or

Leased

Avg Price or

Lse / M2

Avg DOM Total Sales SP / LP

IND L 8 9.545666 87

OFC L 10 13.0335 111

RET L 3 19.734 78

AGR S 11 1,949,182 115 21,441,000 88.09%

BUS S 27 85,889 100 2,319,008 83.12%

BWP S 6 399,500 230 2,397,000 91.07%

IND S 30 449,934 113 13,498,013 92.08%

LAN S 17 987,106 160 16,780,800 89.51%

MFC S 10 774,800 97 7,748,000 94.34%

OFC S 13 732,415 103 9,521,400 89.58%

RET S 8 610,354 67 4,882,835 85.70%

CREB® - COMMERCIAL SUMMARY

Year to Date May 31, 2010

Year to Date May 31, 2011



January February March April May June July August September October November December Y

2007

ew Listings 2,325 2,206 3,131 3,100 3,652 3,315 2,548 2,837 3,106 2,586 1,949 984 3

ales 1,497 1,942 2,272 2,086 1,995 1,757 1,495 1,314 1,064 1,113 1,103 846 1

vg Price 432,877 448,557 479,914 474,250 487,523 496,890 505,920 485,914 470,888 452,254 462,134 444,769 47

edian 380,000 408,000 427,000 432,000 435,000 439,000 435,000 430,000 420,500 412,500 407,500 406,788 42

vg DOM 38 29 24 24 25 29 35 39 40 40 46 51

2008

ew Listings 3,023 2,981 3,493 3,377 3,432 2,797 2,559 2,270 2,631 2,322 1,567 836 3ales 1,083 1,252 1,418 1,363 1,368 1,439 1,313 1,170 1,152 820 670 449 1

vg Price 455,297 471,696 475,513 474,564 479,564 473,774 456,380 440,625 444,048 449,100 435,471 417,398 46

edian 410,000 428,000 420,000 420,000 419,000 408,000 408,500 398,000 395,000 390,000 387,300 380,000 40

vg DOM 50 39 40 40 42 46 52 52 51 48 55 61

2009

ew Listings 2,068 2,057 2,023 2,010 2,235 2,244 2,089 1,910 1,857 1,819 1,365 806 2

ales 550 825 1,086 1,290 1,584 1,837 1,585 1,277 1,257 1,285 1,095 799 1

vg Price 413,049 415,568 420,354 426,311 436,427 447,142 436,782 454,130 459,085 462,465 464,444 451,349 44

edian 374,700 375,000 375,000 380,000 390,000 399,000 390,000 400,000 399,900 410,000 408,000 401,000 39

vg DOM 62 51 48 52 45 44 43 42 40 41 42 47

2010

ew Listings 1,822 2,154 2,988 3,082 2,966 2,733 1,942 1,960 2,252 1,765 1,318 744 2

ales 762 1,035 1,396 1,352 1,262 1,061 915 867 958 888 891 734 1

vg Price 441,217 458,254 471,269 460,378 483,240 481,964 464,655 445,617 460,278 444,744 455,460 441,341 46

edian 398,000 411,000 423,000 417,000 420,000 418,900 400,000 395,000 390,000 387,900 399,900 389,000 40

vg DOM 43 34 33 36 38 39 45 50 52 50 52 59 2011

ew Listings 1,965 2,268 2,434 2,299 2,552 1

ales 791 1,169 1,355 1,217 1,313

vg Price 454,163 461,786 462,947 479,575 489,482 47

edian 390,000 400,000 400,000 420,000 423,000 40

vg DOM 56 45 39 41 41

CREB® SINGLE FAMILY CALGARY METRO

LONG TERM COMPARISON SUMMARY



January February March April May June July August September October November December Y

2007

ew Listings 1,004 889 1,250 1,157 1,332 1,253 1,117 1,186 1,315 1,203 890 468 1

ales 736 895 1,026 839 887 792 603 598 483 501 496 393

vg Price 287,299 301,812 312,280 329,429 332,237 323,269 318,582 320,790 321,614 331,617 312,710 304,719 31

edian 267,500 280,800 290,000 309,000 308,000 304,900 297,900 301,000 300,000 289,000 285,000 286,000 29

vg DOM 39 28 24 23 24 28 33 35 47 40 44 49

2008

ew Listings 1,406 1,244 1,561 1,493 1,538 1,234 1,183 1,054 1,186 1,071 741 431 1ales 454 562 565 581 577 556 535 495 465 399 284 205

vg Price 311,232 311,812 312,620 312,586 311,816 315,042 296,338 287,832 287,426 289,148 285,820 274,919 30

edian 290,000 295,000 293,000 290,000 285,000 282,000 273,500 268,500 265,000 268,000 251,800 254,000 27

vg DOM 48 45 43 45 50 51 52 58 54 50 51 61

2009

ew Listings 941 892 903 967 998 927 918 832 940 859 705 444 1

ales 225 343 446 579 653 738 702 632 580 601 504 341

vg Price 270,940 268,971 284,056 277,953 275,212 285,595 285,032 283,330 290,253 289,155 294,264 288,640 28

edian 243,000 249,900 260,000 251,000 255,000 265,500 263,000 260,000 265,000 263,500 264,900 265,000 26

vg DOM 64 51 56 58 51 51 50 57 43 44 46 47

2010

ew Listings 951 1,109 1,376 1,335 1,221 1,084 890 808 912 721 632 369 1

ales 376 536 609 639 518 445 396 364 366 310 310 320

vg Price 282,639 282,880 296,600 289,588 304,662 292,238 291,168 286,384 284,028 287,793 284,667 282,768 28

edian 265,000 265,900 275,000 267,500 279,900 269,900 268,000 260,000 265,000 255,000 253,300 258,500 26

vg DOM 50 43 39 41 43 46 51 53 57 57 57 62 2011

ew Listings 870 971 998 971 1,017

ales 302 468 581 535 503

vg Price 288,291 290,145 280,781 289,158 287,384 28

edian 255,000 267,000 256,000 260,000 268,500 26

vg DOM 61 52 50 53 49

CREB® - CONDOMINIUM CALGARY METRO

LONG TERM COMPARISON SUMMARY



22391902 1683 1628 1673 1523 1496

1289 13491967

2347

2176

2315

1298913459

12865

11928

11349

10473

9439

7189

8070

8929

10043

10855

11650

433,030

433,248416,064

395,933

410,708

403,679

411,224

389,912

402,225 409,318

410,940

424,746428,475

375,000 370,000 362,000

350,000355,000 359,000 360,000

344,000 350,000

360,000 360,000369,000 370,000

$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

$500,000

0

2000

4000

6000

8000

10000

12000

14000

16000

18000

20000

22000

May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11

A v e r a g e / M e d i a n S a l e s P r i c e

# S a l e s / I n v e n t o r y

CREB ® TOTAL MLS®

MAY 2011

Sales

Inventory

Avg Sale Price

Median Sale Price



0

2

4

6

8

10

12

May-08 Jul-08 Sep-08 Nov-08 Jan-09 Mar-09 May-09 Jul-09 Sep-09 Nov-09 Jan-10 Mar-10 May-10 Jul-10 Sep-10 Nov-10 Jan-11 Mar-11 May-11

CREB® ABSORPTION RATE

TOTAL MLS® MAY 2011

Balanced Market



6,000

8,000

10,000

12,000

14,000

16,000

CREB® TOTAL MLS®

MAY 2011

Inventory Sales

0

2,000

,

May‐08 Jul‐08 Sep‐08 Nov‐08 Jan‐09 Mar‐09May‐09 Jul‐09 Sep‐09 Nov‐09 Jan‐10 Mar‐10May‐10 Jul‐10 Sep‐10 Nov‐10 Jan‐11 Mar‐11May‐11

2,000

3,000

4,000

5,000

6,000

7,000

CREB® TOTAL MLS®

MAY 2011

New Listings Sales

0

1,000

May‐08 Jul‐08 Sep‐08 Nov‐08 Jan‐09 Mar‐09May‐09 Jul‐09 Sep‐09 Nov‐09 Jan‐10 Mar‐10May‐10 Jul‐10 Sep‐10 Nov‐10 Jan‐11 Mar‐11May‐11



3,000

4,000

5,000

6,000

7,000

8,000

2,2392,315

5,5425,117

CREB® TOTAL MLS®

MAY 2011

Sales New Listings

0

1,000

2,000

May‐10 May‐11

8,000

10,000

12,000

14,000

16,000

18,000

20,000

12,989

11,650

CREB® TOTAL MLS® INVENTORY AS OF

MAY 2011 MONTH END

0

2,000

4,000

,

2010 2011



300,000

400,000

500,000

600,000 483,240

489,482

CREB® ‐ CALGARY METRO

SINGLE FAMILY AVERAGE SALE PRICE

0

100,000

200,000

May 10 May 11

250,000

300,000

350,000

400,000

450,000

500,000

304,662 287,384

CREB® ‐ CALGARY METRO

CONDOMINIUM AVERAGE SALE PRICE

0

50,000

100,000

150,000

,

May 10 May 11



200 000

250,000

300,000

350,000

400,000

450,000

500,000

363,231343,071

CREB® ‐ SURROUNDING TOWNS

AVERAGE SALE PRICE

0

50,000

100,000

150,000

May 10 May 11

600,000

800,000

1,000,000

1,200,000

1,400,000

864,084803,008

CREB® ‐ COUNTRY RESIDENTIAL (ACREAGES)

AVERAGE SALE PRICE

0

200,000

400,000

May 10 May 11



2,500

3,000

3,500

4,000

4,500

5,000

2,239 2,315

CREB® ‐ TOTAL MLS® SALES

0

500

1,000

1,500

,

May 10 May 11

60%

80%

100%

120%

140%

71% 72%

29% 28%

Condo Sales SF Sales

CREB® ‐ METRO CONDO & SINGLE FAMILY

AS A PER CENT OF TOTAL METRO SALES

0%

20%

40%

May 10 May 11

may calgary real estate market statistics 2011

Documents