Weekly Real Estate Update: Mon Feb 20 – Mon Feb 27

Calgary
5,087 homes for sale in metro Calgary (up 80)
1,404 homes sold in the last 30 days (up 64)
3.62 months worth of inventory (down 0.12)
27.59% of the homes statistically to sell in the next 30 days (up .83%)
Market Conditions: Balanced Market
Average List Price : $485,753 (down $2,697)
Average Sale Price: $471,860 (up $1,637)
Average days on market: 48 (down 11)
Average list to sale price ratio : 97.13% (down 0.21%)

Absorption Feb 27

Airdrie
425 homes for sale in metro Airdrie (=)
103 homes sold in the last 30 days (up 1)
4.12 months worth of inventory (down 0.05)
24.23% of the homes statistically to sell in the next 30 days (up .23%)
Market Conditions: Buyers Market
Average List Price : $377,708 (up $3,900)
Average Sale Price : $367,097 (up $3,872)
Average days on market: 63 (down 3)
Average list to sale price ratio: 97.19% (up 0.02%)
*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: Tues Feb 14 – Tues Feb 21

Calgary
5,007 homes for sale in metro Calgary (up 112)
1,340 homes sold in the last 30 days (up 111)
3.74 months worth of inventory (down 0.24)
26.76% of the homes statistically to sell in the next 30 days (up 1.65%)
Market Conditions: Balanced Market
Average List Price : $483,056 (down $2,331)
Average Sale Price: $470,223 (down $1,295)
Average days on market: 59 (up 8)
Average list to sale price ratio : 97.34% (up 0.20%)

Absorb 21

Airdrie
425 homes for sale in metro Airdrie (up 17)
102 homes sold in the last 30 days (up 19)
4.17 months worth of inventory (down 0.74)
24.00% of the homes statistically to sell in the next 30 days (up 3.66%)
Market Conditions: Buyers Market
Average List Price : $373,808 (up $4,064)
Average Sale Price : $363,225 (up $5,040)
Average days on market: 66 (down 4)
Average list to sale price ratio: 97.17% (up 0.30%)

*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 Feb 6 – Mon Feb 13

Calgary
4,895 homes for sale in metro Calgary (up 155)
1,229 homes sold in the last 30 days (up 178)
3.98 months worth of inventory (down 0.53)
25.11% of the homes statistically to sell in the next 30 days (up 2.94%)
Market Conditions: Balanced Market
Average List Price : $485,387 (up $247)
Average Sale Price: $471,518 (up $652)
Average days on market: 51 (down 1)
Average list to sale price ratio : 97.14% (up 0.08%)

Absorb 13

Airdrie
408 homes for sale in metro Airdrie (up 9)
83 homes sold in the last 30 days (up 8)
4.91 months worth of inventory (down 0.41)
20.34% of the homes statistically to sell in the next 30 days (up 1.54%)
Market Conditions: Buyers Market
Average List Price : $369,744 (down $9,415)
Average Sale Price : $358,185 (down $7,700)
Average days on market: 70 (down 2)
Average list to sale price ratio: 96.87% (up 0.37%)

*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.

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Weekly Real Estate Update: Mon Jan 30 – Mon Feb 06

Calgary
4,740 homes for sale in metro Calgary (down 4)
1051 homes sold in the last 30 days (up 184)
4.51 months worth of inventory (down 0.96)
22.17% of the homes statistically to sell in the next 30 days (up 3.89%)
Market Conditions: Buyers Market
Average List Price : $485,140 (down $5,244)
Average Sale Price: $470,866 (down $3,161)
Average days on market: 52 (down 3)
Average list to sale price ratio : 97.06% (up 0.04%)

Absorb 06
Airdrie
399 homes for sale in metro Airdrie (up 2)
75 homes sold in the last 30 days (up 28)
5.32 months worth of inventory (down 3.13)
18.80% of the homes statistically to sell in the next 30 days (up 6.96%)
Market Conditions: Buyers Market
Average List Price : $379,159 (down $6,400)
Average Sale Price : $365,885 (down $7,708)
Average days on market: 72 (down 3)
Average list to sale price ratio: 96.50% (down 0.40%)

*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.

January 2017 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!

Jan 2017 - Absorption Graph - JPEG Jan 2017 - Detailed Absorption Graph - JPEG