June 2009 Calgary Condominium Statistics

Quick June 2009 Calgary AB Market Statistics:
Calgary Condo inventory is down for the fifth consecutive month, while sales rise bringing our absorption rate to the bottom of a balanced market.  Calgary's condo sales have been on the rise for 7 months, from 208 condo sales in December 2008 to 738 condo sales in June 2009.  Statistically it look like the buyer's market is coming to an end and if these trends continue we may see seller gaining a little more control before the fall slowdown.  Calgary's median condo sale price is $265,500 the highest it's been since October 2008.  The June 2009 sale price range for condos in Calgary was between $117,000 and $1,100,000 being the highest price condo sold in June 2009.  To search for Calgary Condominiums vist www.Calgary-Condominiums.ca