Weekly Real Estate Update: Mon Aug 22 – Mon Aug 29

Your Weekly Real Estate Update:
 
Calgary
6,055 homes for sale in metro Calgary (up 29)
1,487 homes sold in the last 30 days (down 59)
4.07 months worth of inventory (up 0.17)
24.56% of the homes statistically to sell in the next 30 days (down 1.10%)
Market Conditions: Balanced Market
Average List Price : $493,833 (uup $1,175)
Average days on market : 45 (dowm 2)
Average list to sale price ratio : 97.14% (down 0.81%)
Absorb 29
 
Airdrie
436 homes for sale in metro Airdrie (down 1)
108 homes sold in the last 30 days (down 7)
4.04 months worth of inventory (up 0.24)
24.77% of the homes statistically to sell in the next 30 days (down 1.55%)
Market Conditions: Balanced Market
Average List Price : $408,470 (up $4,816)
Average Sale Price : $398,077 (up $4,023)
Average days on market : 56 (up 13)
Average list to sale price ratio: 97.46% (down 0.16%)
 
*Numbers in the brackets are a comparison from last weeks stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase.

Weekly Real Estate Update: Mon Aug 15 – Mon Aug 22

Your Weekly Real Estate Update:

Calgary
6,026 homes for sale in metro Calgary (up 37)
1,546 homes sold in the last 30 days (down 77)
3.90 months worth of inventory (up 0.21)
25.66% of the homes statistically to sell in the next 30 days (down 1.44%)
Market Conditions: Balanced Market
Average List Price : $493,629 (down $11,803)
Average Sale Price : $478,550 (down $12,135)
Average days on market : 47 (up 1)
Average list to sale price ratio : 97.95% (down 0.13%)

Absorb 22

Airdrie
43 homes for sale in metro Airdrie (down 17)
115 homes sold in the last 30 days (down 5)
3.80 months worth of inventory (up 0.02)
26.32% of the homes statistically to sell in the next 30 days (down 0.11%)
Market Conditions: Balanced Market
Average List Price : $403,654 (down $3,370)
Average Sale Price : $394,054 (down $3,756)
Average days on market : 43 (up 1)
Average list to sale price ratio: 97.62% (down 0.12%)

*Numbers in the brackets are a comparison from last weeks stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase

Weekly Real Estate Update: Mon Aug 08 – Mon Aug 15

Your Weekly Real Estate Update:

Calgary
5,989 homes for sale in metro Calgary (up 119)
1,623 homes sold in the last 30 days (down 34)
3.69 months worth of inventory (up 0.15)
27.10% of the homes statistically to sell in the next 30 days (down 1.13%)
Market Conditions: Balanced Market
Average List Price : $505,432 (down $2,805)
Average Sale Price : $490,685 (down $2,909)
Average days on market : 46 (=)
Average list to sale price ratio : 97.08% (down 0.04%)

Absorb 15

Airdrie
454 homes for sale in metro Airdrie (down2)
120 homes sold in the last 30 days (down 18)
3.78 months worth of inventory (up 0.48)
26.43% of the homes statistically to sell in the next 30 days (down 3.83%)
Market Conditions: Balanced Market
Average List Price : $407,024 (down $6,970)
Average Sale Price : $397,813 (down $6,839)
Average days on market : 42 (down 13)
Average list to sale price ratio: 97.74% (=)

*Numbers in the brackets are a comparison from last weeks stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase

Weekly Real Estate Update: Mon Aug 01 – Mon Aug 08

Your Weekly Real Estate Update:
 
Calgary
5,870 homes for sale in metro Calgary (up 115)
1,657 homes sold in the last 30 days (down 66)
3.54 months worth of inventory (up 0.20)
28.23% of the homes statistically to sell in the next 30 days (down 1.73%)
Market Conditions: Balanced Market
Average List Price : $508,237 (up $7,993)
Average Sale Price : $493,594 (up $7,671)
Average days on market : 46 (down 1)
Average list to sale price ratio : 97.12% (down 0.02%)
Absorb 08
Airdrie
456 homes for sale in metro Airdrie (up 9)
138 homes sold in the last 30 days (up 4)
3.30 months worth of inventory (down 0.01)
30.26% of the homes statistically to sell in the next 30 days (up 0.06%)
Market Conditions: Balanced Market
Average List Price : $413,994 (up $9,801)
Average Sale Price : $404,652 (up $9,384)
Average days on market : 55 (up 1)
Average list to sale price ratio: 97.74% (down 0.04%)
 
*Numbers in the brackets are a comparison from last weeks stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase

July 2016 Statistics

Please contact us at 403-818-3907/403-975-0287 or robyn@robynmoser.com lindsay@robynmoser.com if you have questions regarding the following graphs – we’d love to help you understand them and/or answer any questions you may have!

July 2016 - Absorption Rate GraphJuly 2016 - Detailed Absorption Rate Graph

Weekly Real Estate Update: Mon Jul 25 – Tuesday Aug 02

Your Weekly Real Estate Update:

Calgary
5,751 homes for sale in metro Calgary (down 306)
1,723 homes sold in the last 30 days (up 30)
3.34 months worth of inventory (down 0.24)
29.96% of the homes statistically to sell in the next 30 days (up 2.01%)
Market Conditions: Balanced Market
Average List Price : $500,244 (down $2,120)
Average Sale Price : $485,923 (down $2,221)
Average days on market : 47 (=)
Average list to sale price ratio : 97.14% (down 0.03%)

Absorb 02

Airdrie
447 homes for sale in metro Airdrie (down 11)
135 homes sold in the last 30 days (down 4)
3.31 months worth of inventory (up 0.02)
30.20% of the homes statistically to sell in the next 30 days (down 0.15%)
Market Conditions: Balanced Market
Average List Price : $404,193 (down $77)
Average Sale Price : $395,268 (up $434)
Average days on market : 54 (up 1)
Average list to sale price ratio: 97.79% (up 0.12%)

*Numbers in the brackets are a comparison from last weeks stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase