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

Calgary
5,629 homes for sale in metro Calgary (up 151)
1,744 homes sold in the last 30 days (up 95)
3.22 months worth of inventory (down 0.1)
30.98% of the homes statistically to sell in the next 30 days (up .88%)
Market Conditions: Balanced Market
Average List Price: $510,392 (up $6,067)
Average Sale Price: $496,224 (up $6,716)
Average days on market: 44 (=)
Average list to sale price ratio : 97.22% (up .16)

Monday March 27

Airdrie
457 homes for sale in metro Airdrie (down 4)
133 homes sold in the last 30 days (up 7)
3.43 months worth of inventory (down 0.22)
29.10 % of the homes statistically to sell in the next 30 days (up 1.77%)
Market Conditions: Buyers Market
Average List Price : $390,847 (down $2,110)
Average Sale Price : $383,502 (up $1,947)
Average days on market: 52 (down 4)
Average list to sale price ratio: 98.12% (up 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.

Weekly Real Estate Update: Mon March 13 – Mon March 20

Calgary
5,478 homes for sale in metro Calgary (up 163)
1,649 homes sold in the last 30 days (up 54)
3.32 months worth of inventory (down 0.01)
30.10% of the homes statistically to sell in the next 30 days (up 1%)
Market Conditions: Balanced Market
Average List Price: $504,325 (up $2,420)
Average Sale Price: $489,508 (up $2,355)
Average days on market: 44 (=)
Average list to sale price ratio : 97.06% (=)
Absorbtion Rate March 20Airdrie
461 homes for sale in metro Airdrie (up 17)
126 homes sold in the last 30 days (up 7)
3.65 months worth of inventory (down 0.08)
27.33% of the homes statistically to sell in the next 30 days (up .53%)
Market Conditions: Buyers Market
Average List Price : $392,957 (up $8,991)
Average Sale Price : $385,449 (up $9,360)
Average days on market: 56 (up 1)
Average list to sale price ratio: 98.08% (up 0.14%)
*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 March 6 – Mon March 13

Calgary
5,315 homes for sale in metro Calgary (up 132)
1,595 homes sold in the last 30 days (up 118)
3.33 months worth of inventory (down 0.17)
30.00% of the homes statistically to sell in the next 30 days (up 1.51%)
Market Conditions: Balanced Market
Average List Price: $501,905 (up $1,652)
Average Sale Price: $487,153 (up $1,890)
Average days on market: 44 (down 3)
Average list to sale price ratio : 97.06% (up 0.06%)

Absorption Rate March 13
Airdrie
444 homes for sale in metro Airdrie (up 19)
119 homes sold in the last 30 days (up 16)
3.73 months worth of inventory (down 0.39)
26.80% of the homes statistically to sell in the next 30 days (up 2.57%)
Market Conditions: Buyers Market
Average List Price : $383,966 (up $6,258)
Average Sale Price : $376,089 (up $8,992)
Average days on market: 55 (down 8)
Average list to sale price ratio: 97.94% (up 0.75%)

*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 27 – Mon March 6

Calgary
5,183 homes for sale in metro Calgary (up 96)
1,477 homes sold in the last 30 days (up 73)
3.50 months worth of inventory (down 0.12)
28.49% of the homes statistically to sell in the next 30 days (up .90%)
Market Conditions: Balanced Market
Average List Price: $500,253 (up $14,500)
Average Sale Price: $485,263 (up $13,403)
Average days on market: 47 (down 1)
Average list to sale price ratio : 97.00% (down 0.13%)March 6

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.

February 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!

Feb 2017 - Absorption Rate Graph Feb 2017 - Detailed Absorption Rate Graph