Weekly Real Estate Update: Mon Jan 23 – Mon Jan 30

Calgary
4,744 homes for sale in metro Calgary (up 161)
867 homes sold in the last 30 days (up 179)
5.47 months worth of inventory (down 1.19)
18.28% of the homes statistically to sell in the next 30 days (up 3.27%)
Market Conditions: Buyers Market
Average List Price : $490,384 (down $7,098)
Average Sale Price: $474,027 (down $5,675)
Average days on market : 55 (down 4)
Average list to sale price ratio : 96.66% (up 0.23%)

Absorb 30

Airdrie
397 homes for sale in metro Airdrie (up 8)
47 homes sold in the last 30 days (up 10)
8.45 months worth of inventory (down 2.06)
11.84% of the homes statistically to sell in the next 30 days (up 2.33%)
Market Conditions: Buyers Market
Average List Price : $385,559 (down $4,683)
Average Sale Price : $373,593 (down $4,285)
Average days on market: 75 (up 5)
Average list to sale price ratio: 96.90% (up 0.07%)

*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 Jan 16 – Mon Jan 23

Calgary
4.583 homes for sale in metro Calgary (up 136)
688 homes sold in the last 30 days (up 20)
6.66 months worth of inventory ( = )
15.01% of the homes statistically to sell in the next 30 days (down 0.01%)
Market Conditions: Buyers Market
Average List Price : $497,482 (down $15,174)
Average Sale Price: $479,702 (down $13,988)
Average days on market : 59 (up 9)
Average list to sale price ratio : 96.43% (up 0.13%)

Absorb 23

Airdrie
389 homes for sale in metro Airdrie (up 6)
37 homes sold in the last 30 days (down 6)
10.51 months worth of inventory (up 1.60)
9.51% of the homes statistically to sell in the next 30 days (down 1.72%)
Market Conditions: Buyers Market
Average List Price : $390,242(down $45,892)
Average Sale Price : $377,878 (down $43,919)
Average days on market: 70 (down 3)
Average list to sale price ratio: 96.83% (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.

Weekly Real Estate Update: Mon Jan 09 – Mon Jan 16

Calgary
4.447 homes for sale in metro Calgary (up 131)
668 homes sold in the last 30 days (down 66)
6.66 months worth of inventory (up 0.78)
15.02% of the homes statistically to sell in the next 30 days (down 1.98%)
Market Conditions: Buyers Market
Average List Price : $512,656 (up $5,105)
Average Sale Price: $493,690 (up $4,871)
Average days on market : 50 (down 9)
Average list to sale price ratio : 96.30% (down 0.01%)

Absorb 16

Airdrie
383 homes for sale in metro Airdrie (up 21)
43 homes sold in the last 30 days (down 2)
8.91 months worth of inventory (up 0.87)
11.23% of the homes statistically to sell in the next 30 days (down 1.20%)
Market Conditions: Buyers Market
Average List Price : $436,134 (down $22,540)
Average Sale Price : $421,797 (up $19,959)
Average days on market: 73 (down 1)
Average list to sale price ratio: 96.71%

December 2016 Statistics

Please contact us at:

Robyn Moser
403-818-3907
robyn@robynmoser.com

OR

Lindsay Perrault
403-975-0287
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!

dec-2016-absorption-rate-graph dec-2016-detailed-absorption-rate-graph

Weekly Real Estate Update: Mon Jan 02 – Mon Jan 09

Calgary
4.316 homes for sale in metro Calgary
73 homes sold in the last 30 days
4.34 months worth of inventory
17.00% of the homes statistically to sell in the next 30 days
Market Conditions: Buyers Market
Average List Price : $507,551
Average Sale Price: $488,819
Average days on market : 59
Average list to sale price ratio : 96.31%

absorb-09

Airdrie
362 homes for sale in metro Airdrie
45 homes sold in the last 30 days
8.04 months worth of inventory
12.43% of the homes statistically to sell in the next 30 days
Market Conditions: Buyers Market
Average List Price : $458,674
Average Sale Price : $401,838
Average days on market: 74
Average list to sale price ratio: 87.61%