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How's The Market - Supply and Demand 28-Nov-2016
Date Home Type Active Sold Last 90 Days Per Day Days of Inv. Months of In...
All Homes
HomeType StatsDate ActiveListings SoldLast90Days Months of Inventory
Attached
24-Oct-2015 1362 1025 3.99
29-Oct-...
HomeType StatsDate ActiveListings SoldLast90Days Months of Inventory
Condo
24-Oct-2015 1367 777 5.28
29-Oct-2015 1374 767 ...
HomeType StatsDate ActiveListings SoldLast90Days Months of Inventory
Detached
24-Oct-2015 3096 2786 3.33
29-Oct-2015 3028 ...
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How's the Calgary Real Estate Market

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The Calgary Market like any Real Estate Market goes with the flow of Supply & Demand. It's possible to have a Sellers Market and a Buyers Market at the same time as a Balanced Market. It just depends on what you are looking to buy or sell.
For all the current listings in Calgary - visit www.JerryCharlton.com
This report goes back over 1 year in Calgary and tracks Attached Homes, Detached Homes and Condo's on random dates.
Todays report show's overall supply at 3.67 months which isn't bad at all. But drill down and condo supply is double at 7 months and detached homes are at less than 3 months.
Over 3 Months is a Buyers Market - Under 3 Months is a Sellers Market.
And your home or the home you want to buy will be unique when compared against comparable properties.
Which makes hiring me as your Calgary Realtor a great investment!

Published in: Real Estate

How's the Calgary Real Estate Market

  1. 1. How's The Market - Supply and Demand 28-Nov-2016 Date Home Type Active Sold Last 90 Days Per Day Days of Inv. Months of Inv. Condo 1,521 646 7 212 7.0628-Nov-2016 Detached 2,450 2,720 30 81 2.7028-Nov-2016 Attached 1,309 953 11 124 4.1228-Nov-2016 5,280 4,319 3.67Total The Real Estate Market is like any other market that is influenced by Supply and Demand. The total inventory (Active Listings) divided by the average Daily Sales of the past 90 days gives us our Months of Supply. The Calgary Real Estate Board number crunchers tell us that a 3 month supply is a Balanced Market. The Calgary Real Estate Board has broken the stats into 3 types of properties - Apartments are Condo's - Attached are Townhouses, Row Houses, Duplex, 4 Plex - Detached are Detached. This report is a Snap Shot of where the market is at the date on the report. Jerry Charlton - Realtor - Remax Realty Professionals - #10, 6020 - 1a St SW Calgary AB T2H 0G3
  2. 2. All Homes HomeType StatsDate ActiveListings SoldLast90Days Months of Inventory Attached 24-Oct-2015 1362 1025 3.99 29-Oct-2015 1362 993 4.11 08-Nov-2015 1386 964 4.31 27-Nov-2015 1354 910 4.46 05-Jan-2016 1103 742 4.46 17-Jan-2016 1215 667 5.46 15-Feb-2016 1342 627 6.42 27-Feb-2016 1394 635 6.59 03-Mar-2016 1369 638 6.44 05-Mar-2016 1400 648 6.48 09-Mar-2016 1409 460 9.19 25-Mar-2016 1502 729 6.18 06-Apr-2016 1472 815 5.42 15-Apr-2016 1559 872 5.36 23-Apr-2016 1569 922 5.11 06-May-2016 1569 974 4.83 23-May-2016 1621 1055 4.61 13-Jun-2016 1599 1140 4.21 18-Aug-2016 1434 1166 3.69 02-Sep-2016 1415 1104 3.85 30-Sep-2016 1455 1010 4.32 18-Oct-2016 1418 995 4.28 28-Nov-2016 1309 953 4.12 Avg 1,418 871 5.13
  3. 3. HomeType StatsDate ActiveListings SoldLast90Days Months of Inventory Condo 24-Oct-2015 1367 777 5.28 29-Oct-2015 1374 767 5.37 08-Nov-2015 1393 755 5.54 27-Nov-2015 1422 704 6.06 05-Jan-2016 1120 542 6.20 17-Jan-2016 1213 512 7.11 15-Feb-2016 1380 446 9.28 27-Feb-2016 1459 435 10.06 03-Mar-2016 1414 450 9.43 05-Mar-2016 1447 461 9.42 09-Mar-2016 1466 460 9.56 25-Mar-2016 1548 535 8.68 06-Apr-2016 1538 574 8.04 15-Apr-2016 1576 624 7.58 23-Apr-2016 1607 657 7.34 06-May-2016 1611 706 6.85 23-May-2016 1680 779 6.47 13-Jun-2016 1625 806 6.05 18-Aug-2016 1641 814 6.05 02-Sep-2016 1572 795 5.93 30-Sep-2016 1731 711 7.30 18-Oct-2016 1633 688 7.12 28-Nov-2016 1521 646 7.06 Avg 1,493 637 7.29
  4. 4. HomeType StatsDate ActiveListings SoldLast90Days Months of Inventory Detached 24-Oct-2015 3096 2786 3.33 29-Oct-2015 3028 2744 3.31 08-Nov-2015 2934 2752 3.20 27-Nov-2015 2831 2565 3.31 05-Jan-2016 2143 2070 3.11 17-Jan-2016 2389 1919 3.73 15-Feb-2016 2854 1672 5.12 27-Feb-2016 3029 1675 5.43 03-Mar-2016 3001 1667 5.40 05-Mar-2016 3082 1701 5.44 09-Mar-2016 3117 1697 5.51 25-Mar-2016 3140 2000 4.71 06-Apr-2016 3100 2254 4.13 15-Apr-2016 3214 2466 3.91 23-Apr-2016 3196 2650 3.62 06-May-2016 3092 2916 3.18 23-May-2016 3133 3237 2.90 13-Jun-2016 3088 3449 2.69 18-Aug-2016 2773 3430 2.43 02-Sep-2016 2721 3260 2.50 30-Sep-2016 2855 2970 2.88 18-Oct-2016 2817 2894 2.92 28-Nov-2016 2450 2720 2.70 Avg 2,917 2,500 3.72

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