Sales continue to increase despite a shortage of listings. Compared to the 3-year average, for single family homes
- Sales are up 14%
- New listings are down 8%
- 30-day median price is up $11,000(+2.7%)
- Inventory is down 20%
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The median price of SFH in Calgary is up $24,250 or +6.2% since Dec 2011. For every 10 homes listed in the past 30 days, 7 have been sold.
7 homes sold for list price or higher yesterday. A home in Garrison Woods which was listed for $529,900 sold for $540,000 and had an offer on the first day it was listed. The home was purchased in 2003 for $269,500.