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Calgary Real Estate Market Report - July 2012

By
Real Estate Agent with Re/Max First

Calgary residential sales increased by 18% in July 2012 with 1,946 total sold units compared to 1,604 in July 2011. This is mainly due to the "growth in full-time employment, migration and overall improved confidence,” says says Ann-Marie Lurie, Chief Economist for CREB®, a growth supported by latest reports that Alberta is leading the country in most of the economic performance indicators in 2012.

Calgary Single Family Home Sales reached 1,392 units in July, a 17 % increase over the 1,150 units sold in July 2011.

Single Family Home Average Price was $480,334 for July 2012, a 5% increase from July 2011.

Single Family Home Median Price was $419,900 in July 2012, compared to 397,450 in July 2011.

Calgary single family Home average price July 2012

Click on the charts to view Calgary Single Family Home stats

 

Calgary Condo/Townhouse Sales totaled 554 in July, an 18% increase over the 454 multi-family units sold in July 2011.

Condo/Townhouse Average Price was $292,919 in July 2012, a 2.3% increase from July 2011.

Condo/Townhouse Median Price reached 269,124 in July 2012 compared to 269,000 in July 2011.

Calgary Condo Townhouse sales July 2012

Click on the charts to view Calgary Condo/Townhouse stats

When you're ready to buy or sell a home in Calgary, we are your real estate agents of choice. Be sure to use our quick and easy search feature. We're the experts, and we're here to help you! Contact Calgary Home Team today for more information on how we can help you achieve your real estate goals at 403-519-9102 or via email.

 

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