Weekly Real Estate Statistics in Calgary

The first portion of our weekly blog (See our navigation menu on the right for each week) is: 

New Listings (Last 28 days)  - This number reflects new listings to hit the market in the last 28 days. 

Homes Sold (Last 28 Days) - This number reflects total sales in the last 28 days. By comparing the new listings to sold listings, you can start to understand whether it's more of a buyers or sellers market. 

Average Days on Market - This number won't fluctuate too often, but as it increases it shows that homes are sitting on the market longer which usually means you're in a buyers market as there are more sellers with listings sitting for a long time, looking to sell their home. If your average days on market were only 10 days, that would indicate a sellers market as homes would be wrote on and sold within days of being on the market. 

Selling to Listing Price Ratio - This number indicates how much a home is selling for in relation to the price it was listed at. The higher the ratio 99% for example, would tend to indicate more of a sellers market, but also gives you a realistic idea of how much you should expect a home to come down from it's list price, assuming it's priced near market value. Don't be fooled though, homes can be listed initially for a much higher mount to test the waters, only to later sell at well below their initial list price. 

Detached Homes Statistics in Calgary 

Our team also provides a weekly breakdown for individual property types, what we aim to illustrate here is the complexities of each market. There are points where Condominiums will thrive while new home sales suffer, while other times condominiums drop in price while single family detached homes increase. 

Our specific property breakdowns cover total sales, new listings, active listings, total pending sales, median price, average price, as well as the days on market along with a comparison in % change from year to year performance. 

These different categories include Semi detached homes, Apartments (condominiums), Row / Townhouse properties in Calgary.

 Year to Date Calgary Real Estate Statistics 

Annual/YTD	2018	2019	% change	2019 YTD	2020 YTD	% change
Total Sales	16,131	16,346	1.33%	12,395	11,160	-9.96%
New Listings	34,570	30,912	-10.58%	24,826	21,979	-11.47%
Median Price	420,000	410,000	-2.38%	412,000	410,000	-0.49%
Average Price	478,064	458,190	-4.16%	460,660	456,578	-0.89%
Benchmark Price	435,216	420,166	-3.46%	N/A	N/A	N/A
Pending	33	46	39.39%	83	201	142.17%
Days on Market	53	59	11.32%	59	55	-6.78%

Finally, we do a weekly snapshot of random communities in the city where we document the current market of specific communities. For example, in late September our blog covered various communities including Lake Bonavista 

Lake Bonavista Real Estate Statistics

 

2020 Calgary Real Estate Market Breakdown 

 

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2020 Total Calgary Real Estate Statistics