Calgary MLS sales in the single-family market are the lowest they have been in a decade.
However, the average sale price has risen by $270,000 from 2000, according to data obtained by the Herald from the Calgary Real Estate Board.
CREB's year-to-date numbers, up to September, show there have only been 9,608 sales so far this year for an average sale price of $464,664. In the year 2000, there were 10,351 sales for an average price of $194,681.
Sales and average price in the single-family market peaked in 2007 with year-to-date transactions at 15,422 for an average of $475,961.
In the condominium market, year-to-date sales are the lowest this year since 2001. So far this year until September there have been 4,249 sales for an average price of $290,641. In 2001, there were 3,511 transactions at an average of $139,999.
The average sale price has risen by more just over $155,000 since 2000.
Condo sales and average sale price peaked in 2007 with year-to-date sales at 6,859 and $316,134.
mtoneguzzi@calgaryherald.com
Calgary MLS Year-to-date Sales (to September)
Single-family homes
Year Sales Average sale price
2000 10,351 $194,681
2001 11,570 $200,701
2002 12,799 $219,204
2003 12,207 $235,870
2004 12,914 $249,317
2005 14,756 $283,147
2006 15,285 $397,348
2007 15,422 $475,961
2008 11,558 $464,515
2009 11,291 $437,380
2010 9,608 $464,664
Condominiums
2000 3,179 $135,456
2001 3,511 $139,999
2002 4,525 $151,334
2003 4,464 $157,206
2004 5,030 $165,289
2005 6,070 $181,282
2006 6,725 $258,496
2007 6,859 $316,134
2008 4,790 $305,748
2009 4,898 $281,509
2010 4,249 $290,641
