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.

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.

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%

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%