alberta: Calgary Alberta Canada May 2013 Real Estate Report// By Rod Forsythe
- 06/05/13 07:42 AM
CALGARY, Alberta. Canada — Calgary’s resale housing market activity for May 2013. Presented By Rod Forsythe// Keller Williams Luxury Homes According to the Calgary Real Estate Board, new levels were reached during the month for median and average MLS sale prices in the single-family market as well as for total residential sales in the city. Also, the month had the highest number of luxury home sales more than $1 million. There were 84 luxury home sales in May, besting the record for any month which was previously 80 in May 2012. Rod Forsythe of Keller Williams Luxury has been through over … (0 comments)
Calgary’s real estate market is still climbing back to normal. The newspapers are saying how great the Calgary market is doing and they are correct if you use 2009-2012 sales numbers. The real story is Calgary is still climbing back and has slowly recovered since mid-2010.
The inventory today is quite a bit below normal. This is a low amount of inventory for the beginning of any year. The average price for a single family home in January ended up at $437,769; the average condo price is $280,273 and the average days on market for a listing in January was about 47 days.
Country residential property sales remained constant year over year and a rock solid year is expected.
With net migration happening in Alberta again, the price of oil and gas and the fact that 20% more properties sold for more than a million dollars in 2012 than in the past few years it seems as if this market will continue to grow.
If you’re thinking about buying or selling real estate again in Calgary this could be a good time to reengage. Timing might be perfect to move across the market, move up in this market or sell your home and buy a place in BC or the U.S.A.
The following are MLS sales and the average sale prices for all properties in Calgary in the past few years.
If you are thinking of buying or selling Real Estate anywhere, please give me a call I would like to help.
Rod Forsythe
Keller Williams Real Estate
Email rod@rodforsythe.com //tel. 403.777.1040
Helping People Buy and sell Real Estate Since 1986
information provided by the Calgary real estate board. Opinions are by Rod
Share this:
CALGARY, Alberta. Canada — Calgary’s resale housing market activity for May 2013. Presented By Rod Forsythe// Keller Williams Luxury Homes
;)
;)
