Calgary Real Estate Market Report for December 2015. http://tinyurl.com/j4cxa35

1. Calgary & Area
Real Estate
Statistics:
December 2015
1
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2. TABLE OF CONTENTS
3
December Real Estate Summary
4 - 5
City of Calgary Detached Homes Sales Data
6 - 7
City of Calgary Semi-Detached Homes Sales Data
8 - 9
City of Calgary Row Homes Sales Data
10 - 11
City of Calgary Apartment Homes Sales Data
12 – 13
Rural Rockyview Detached Sales Data
14
Message From The Calgary Real Estate Board
15 – 16
Rural Foothills Detached Sales Data
17 – 18
City of Airdrie Detached Sales Data
19 - 20
City of Airdrie Semi-Detached Sales Data
21-22
City of Airdrie Row Sales Data
23 – 24
City of Airdrie Apartment Sales Data
2

3. Housing Market Characterized
By Slow Demand
Elevated supply levels placed downward pressure on
prices in December
“With the focus shifting toward the holiday season, December sales activity slowed to 878 units
in the city, 18 per cent below last year at this time and well below the five and 10-year
averages.
As a result, the unadjusted benchmark price dipped to $448,800, a 0.42 per cent decline over the
previous month and 2.33 year over year. CREB® chief economist Ann-Marie Lurie noted December
followed a pattern established early on in 2015, which was characterized by slower housing
demand.” (Source: Calgary Real Estate Board)
On an annual basis, sales activity declined by 24 per cent in the detached sector and 33 and 28 per
cent in the apartment and attached segments, respectively.
While December prices for both the detached and attached sectors were 1.91 and 1.29 per cent
lower than levels recorded at the beginning of 2015, on an annual average basis, they remained
1.35 and 1.84 per cent above 2014 numbers.
Anyone who has been following the media reports on real estate knows that the Calgary Real Estate
Market in general has corrected. However the data shows that some market segments are less
affected than others. In the City of Calgary the Apartment sector has been the hardest hit with less
than 9% of available apartments selling in the month of December.
For those who are selling, it is vital to know how the market is performing for your specific type of
property!
If you are curious about the investment market or the current market value of your home, please
feel free to contact us.
Hope this helps!
Susanita de Diego
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4. City of Calgary Detached Homes Sales Data
Yearly – December 2014 – December 2015
The following table shows the City of CalgaryDetached HomesSales Data for each month since
December of last year.
Month/Year Detached
Sales
Previous Month End
Inventory + Inventory Added
During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2014 604 2,158 + 761 = 2,919 20.70% 41 2.97
January 2015 533 1,791 + 1,835 = 3,626 14.70% 37 4.85
February 2015 740 2,583 + 1,671 = 4,254 17.40% 34 4.03
March 2015 1,080 2,980 + 1,774 = 4,754 22.70% 37 2.80
April 2015 1,150 3,029 + 1,770 = 4,799 24.00% 38 2.65
May 2015 1,150 3,048 + 1,876 = 4,924 27.91% 38 2.13
June 2015 1,331 2,926 + 1,831 = 4,757 28.00% 37 2.10
July 2015 1,220 2,793 + 1,731 = 4,524 27.00% 37 2.26
August 2015 994 2,756 + 1,643 = 4,399 22.60% 37 2.85
September 2015 906 2,834 + 1,769 = 4,603 19.70% 37 3.35
October 2015 871 3,031 + 1,441 = 4,472 19.50% 38 3.36
November 2015 797 2,923 + 1,185 = 4,108 19.40% 43 3.37
December 2015 533 2,688 + 793 = 3,481 15.30% 47 4.01
City of Calgary Detached Homes Sales Data
Monthly – December 2011 – December 2015
The following table shows the City of CalgaryDetached HomesSales Data for each month since
Decembr of last year.
Month/Year Detached Sales Previous Month End
Inventory + Inventory
Added During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2011 623 3,209 + 644 = 3,853 16.30% 58 3.74
December 2012 657 2,293 + 539 = 2,832 23.20% 51 2.46
December 2013 674 1,883 + 548 = 2,431 27.70% 44 1.97
December 2014 604 2,158 + 761 = 2,919 20.70% 41 2.97
December 2015 533 2,688 + 793 = 3,481 15.30% 47 4.01
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5. The MLS® Home Price Index (HPI)
The MLS® Home Price Index (HPI) was launched on February6, 2012 as part of a nationwide rollout
involving boards in Canada’slargestcities because average and median price changescan
misrepresent changesin marketprice. We often refer to the median price as being immune from
outliers. However, if there have been large movements in either the low end or high end of the
price spectrum, the median is unable to reflect the price changes.
The MLS® Home Price Index (HPI) was introduced to provide a better measurement of price and
price trends for residential properties. A benchmark home is one that is comprised of a set of
specific attributes that is typical for the area where it is located.
The City of Calgary DetachedBenchmark, Average andMedian Prices have shownthe following
progression:
5

6. City of Calgary Semi-Detached Homes Sales Data
Yearly – December 2014 – December 2015
The following table shows the City of CalgarySemi-Detached HomesSales Data for each month
since Deceber of last year.
Month/Year Semi-
Detached
Sales
Previous Month End
Inventory + Inventory Added
During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2014 103 421 + 131 = 552 18.66% 46 3.44
January 2015 76 354 + 298 = 485 15.67% 42 6.12
February 2015 97 465 + 275 = 740 13.11% 35 5.55
March 2015 158 538 + 307 = 845 18.70% 41 3.61
April 2015 202 570 + 265 = 835 24.19% 39 2.48
May 2015 192 501 + 296 = 797 24.09% 45 2.52
June 2015 179 483 + 294 = 777 23.04% 43 2.74
July 2015 191 490 + 283 = 773 24.71% 44 2.58
August 2015 138 492 + 244 = 736 18.75% 41 3.66
September 2015 103 505 + 269 = 774 13.31% 40 5.38
October 2015 129 556 + 294 = 850 15.18% 41 4.56
November 2015 108 588 + 199 = 787 13.72% 47 5.06
December 2015 74 547 + 141 = 688 10.80% 53 6.03
City of Calgary Semi-Detached Homes Sales Data
Monthly – December 2011 – December 2015
The following table shows the City of CalgarySemi-Detached HomesSales Data for each month
since December of last year.
Month/Year Attached Sales Previous Month End
Inventory + Inventory
Added During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2011 93 447 + 113 = 560 16.60% 59 3.90
December 2012 88 336 + 90 = 426 20.70% 50 2.92
December 2013 115 317 + 101 = 418 27.50% 54 2.09
December 2014 103 421 + 131 = 552 18.66% 46 3.44
December 2015 74 547 + 141 = 688 10.80% 53 6.03
6

7. The following table shows the City of Calgary Semi-Detached Sales Data for each
month since December of last year.
7

8. City of Calgary Row Homes Sales Data
Yearly – December 2014 – December 2015
The following table shows the City of CalgarySemi-Detached HomesSales Data for each month
since December of last year.
Month/Year Row Sales Previous Month End
Inventory + Inventory Added
During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2014 144 438 + 172 = 610 23.61% 43 2.68
January 2015 113 386 + 389 = 775 14.58% 41 4.85
February 2015 155 548 + 395 = 943 16.44% 33 4.35
March 2015 236 675 + 374 = 1,049 22.50% 38 2.88
April 2015 258 679 + 418 = 1,097 23.52% 42 2.80
May 2015 273 722 + 379 = 1,101 24.80% 41 2.46
June 2015 269 672 + 385 = 1,057 25.45% 44 2.39
July 2015 255 644 + 383 = 1,072 23.79% 44 2.49
August 2015 227 636 + 332 = 968 23.45% 46 2.79
September 2015 181 633 + 387 = 1,020 17.75% 41 3.82
October 2015 185 720 + 368 = 1,088 17.00% 41 4.03
November 2015 161 745 + 305 = 1,050 15.33% 50 4.58
December 2015 120 738 + 208 = 946 12.70% 47 5.26
City of Calgary Row Homes Sales Data
Monthly – December 2011 – December 2015
The following table shows the City of CalgaryRow Homes Sales Data for each month since
December of last year.
Month/Year Attached Sales Previous Month End
Inventory + Inventory
Added During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2011 114 581 + 113 = 694 16.40% 60 3.86
December 2012 113 402 + 101 = 503 22.50% 51 2.51
December 2013 157 319 + 106 = 425 36.90% 46 1.32
December 2014 144 438 + 172 = 610 23.61% 43 2.68
December 2015 120 738 + 208 = 946 12.70% 47 5.26
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9. The following table shows the City of Calgary Row Sales Data for each month since
December of last year.
9

10. City of Calgary Apartment Homes Sales Data
Yearly – December 2014 – December 2015
The following table shows the City of CalgaryApartmentHomes Sales Data for each month since
December of last year.
Month/Year Apartment
Sales
Previous Month End
Inventory + Inventory Added
During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2014 222 1,041 + 304 = 1,269 17.57% 46 3.65
January 2015 154 853 + 745 = 1,598 9.60% 55 7.79
February 2015 215 1,200 + 593 = 1,793 12.00% 40 6.23
March 2015 302 1,340 + 672 = 2,012 15.00% 43 4.73
April 2015 352 1,428 + 608 = 2,036 17.30% 45 3.89
May 2015 359 1,368 + 613 = 1,981 18.10% 48 3.65
June 2015 399 1,311 + 611 = 1,922 20.80% 48 3.04
July 2015 324 1,212 + 582 = 1,794 18.10% 47 3.84
August 2015 281 1,245 + 514 = 1,759 16.00% 47 4.37
September 2015 259 1,227 + 657 = 1,884 13.70% 49 4.99
October 2015 237 1,293 + 587 = 1,888 12.60% 50 5.76
November 2015 195 1,366 + 489 = 1,855 10.50% 50 6.94
December 2015 151 1,353 + 341 = 1,694 8.90% 56 7.42
City of Calgary Apartment Homes Sales Data
Monthly December 2011 – December 2015
The following table shows the City of CalgaryApartmentHomes Sales Data for each month since
December of last year.
Month/Year Apartment
Sales
Previous Month End
Inventory + Inventory
Added During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2011 186 1,068 + 200 = 1,268 14.70% 67 4.38
December 2012 220 846 + 147 = 993 22.20% 67 2.65
December 2013 223 613 + 213 = 826 27.00% 51 2.14
December 2014 223 966 + 303 = 1,269 17.57% 46 3.65
December 2015 151 1,353 + 341 = 1,694 8.90% 56 7.42
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11. The City of Calgary Apartment Benchmark,Average and Median Prices have shown
the following progression:
11

12. Rural Rockyview Detached Sales Data
Yearly – December 2014 – December 2015
The following table shows the Rural Rockyview Detached Sales Data for each month since December
of last year.
Month/Year Detached
Sales
Previous Month End
Inventory + Inventory Added
During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2014 15 284 + 31 = 315 4.76% 140 14.67
January 2015 19 220 + 88 = 308 6.17% 142 13.05
February 2015 20 248 + 76 = 324 6.17% 74 13.85
March 2015 23 277 + 82 = 345 6.67% 86 12.87
April 2015 28 296 + 68 = 364 7.69% 71 10.89
May 2015 35 305 + 87 = 392 8.93% 78 9.43
June 2015 41 330 + 84 = 414 9.90% 97 7.93
July 2015 29 325 + 62 = 387 7.49% 84 10.55
August 2015 14 306 + 68 = 374 3.74% 73 23.62
September 2015 15 314 + 66 = 380 3.95% 96 20.27
October 2015 22 305 + 53 = 358 6.15% 104 13.00
November 2015 19 287 + 41 = 328 5.80% 106 14.05
December 2015 16 270 + 46 = 316 5.10% 136 13.38
Rural Rockyview Detached Sales Data
Monthly – December 2011 – December 2015
The following table shows the Rural Rockyview Detached Sales Data for each month since December
of last year.
Month/Year Detached Sales Previous Month End
Inventory + Inventory
Added During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2011 20 358 + 36 = 394 5.10% 109 13.15
December 2012 14 371 + 33 = 404 3.50% 123 19.57
December 2013 17 323 + 33 = 356 4.80% 76 14.76
December 2014 15 284 + 31 = 315 4.76% 140 14.67
December 2015 16 270 + 46 = 316 5.10% 136 13.38
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13. Rural Rockyview Detached Sales Data Benchmark, Average and Median Prices have
shown the following progression:
13

14. “Economic uncertainty, followed by
weak economic conditions and job
losses, contributed to slowing
housing demand throughout the
year ” said CREB® chief economist
Ann-Marie Lurie.
“
”
14

15. Rural Foothills Detached Sales Data
Yearly – December 2014 – December 2015
The following table shows the Rural Foothills Detached Sales Data for each month since December
of last year.
Month/Year Detached
Sales
Previous Month End
Inventory + Inventory Added
During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2014 6 171 + 14 = 185 3.24% 167 20.67
January 2015 8 124 + 33 = 157 5.10% 151 15.50
February 2015 17 124 + 40 = 164 10.37% 139 8.18
March 2015 14 139 + 47 = 186 7.50% 139 12.00
April 2015 14 156 _ 54 = 210 6.67% 98 13.21
May 2015 24 185 +63 = 248 9.68% 102 8.38
June 2015 17 201 + 51 = 252 6.75% 52 12.59
July 2015 16 214 + 40 = 254 6.30% 86 13.25
August 2015 10 212 + 39 = 251 3.98% 56 20.40
September 2015 18 204 + 36 = 236 7.63% 130 9.89
October 2015 15 178 + 36 = 214 7.01%% 123 10.47
November 2015 14 157 + 23 = 180 7.78% 81 9.86
December 2015 13 139 + 15 = 154 8.40% 98 8.31
Rural Foothills Detached Sales Data
Monthly – December 2011 – December 2015
The following table shows the Rural Foothills Detached Sales Data for each month since December
of last year.
Month/Year Detached Sales Previous Month End
Inventory + Inventory
Added During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2011 19 200 + 24 = 224 8.50% 108 8.37
December 2012 8 210 + 10 = 220 3.60% 50 18.00
December 2013 16 161 + 15 = 212 7.50% 130 7.56
December 2014 6 171 + 14 = 185 3.24% 167 20.67
December 2015 13 139 + 15 = n154 8.40% 98 8.31
15

16. Rural Foothills Detached Sales Data Benchmark, Average and Median Prices have
shown the following progression:
16

17. City of Airdrie Detached Sales Data
Yearly – December 2014 – December 2015
The following table shows the City of Airdrie Detached Sales Data for each month since December
of last year.
Month/Year Detached
Sales
Previous Month End
Inventory + Inventory Added
During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2014 44 131 + 56 = 187 23.53% 48 2.89
January 2015 41 127 + 154 = 281 14.59% 43 5.10
February 2015 70 211 + 149 = 360 19.44% 35 3.51
March 2015 93 248 + 133 = 381 24.41% 38 2.62
April 2015 92 245 + 140 = 385 23.90% 40 2.66
May 2015 112 243 + 159 = 404 27.72% 41 2.16
June 2015 117 243 + 157 = 400 29.25% 43 2.06
July 2015 106 240 + 128 = 368 28.80% 37 2.16
August 2015 87 224 + 127 = 351 24.79% 40 2.58
September 2015 86 227 + 115 = 342 25.15% 52 2.55
October 2015 64 219 + 122 = 341 18.77% 50 3.66
November 2015 55 234 + 93 = 327 16.82% 45 4.18
December 2015 42 230 + 59 = 289 14.50% 53 4.81
City of Airdrie Detached Sales Data
Monthly – December 2011 – December 2015
The following table shows the City of Airdrie Detached Sales Data for each month since December
of last year.
Month/Year Detached Sales Previous Month End
Inventory + Inventory
Added During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2011 53 257 + 51 = 308 17.20% 84 3.62
December 2012 40 154 + 35 = 189 21.20% 61 3.05
December 2013 37 119 + 39 = 158 23.40% 53 2.57
December 2014 44 131 + 56 = 187 23.53% 48 2.89
December 2015 42 230 + 59 = 289 14.50% 53 4.81
17

18. City of Airdrie Detached Sales Data Benchmark,Average and Median Prices have
shown the following progression:
18

19. City of Airdrie Semi-Detached Sales Data
Yearly – December 2014 – December 2015
The following table shows the City of Airdrie Semi-Detached Sales Data for each month since
December of last year.
Month/Year Semi-
detached
Sales
Previous Month End
Inventory + Inventory Added
During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2014 7 9 + 6 = 15 46.67% 30 1.00
January 2015 4 7 + 21 = 28 14.29% 23 5.75
February 2015 8 23 + 20 = 43 18.60% 42 3.63
March 2015 14 29 + 11 = 40 35% 43 1.50
April 2015 12 21 + 17 = 38 31.58% 29 1.83
May 2015 9 22 + 12 = 34 26.47% 32 2.11
June 2015 12 19 + 20 = 39 30.77% 36 1.92
July 2015 16 23 + 13 = 36 44.44% 35 1.31
August 2015 12 21 + 16 = 37 32.43% 50 1.67
September 2015 8 20 + 10 = 30 26.67% 26 2.75
October 2015 9 23 + 10 = 33 27.30% 41 2.00
November 2015 11 18 + 8 = 26 42.30% 29 1.45
December 2015 4 16 + 5 = 21 19.00% 66 2.75
City of Airdrie Semi-Detached Sales Data
Monthly – December 2011 – December 2015
The following table shows the City of Airdrie Semi-Detached Sales Data for each month since
December of last year.
Month/Year Semi-detached
Sales
Previous Month End
Inventory + Inventory
Added During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2011 1 13 + 2 = 15 6.70% 33 11.00
December 2012 0 8 + 5 = 13
December 2013 7 10 + 2 = 12 58.30% 39 0.86
December 2014 7 9 + 6 = 15 46.67% 30 1.00
December 2015 4 16 + 5 = 21 19.00% 66 2.75
19

20. City of AirdrieAttached Sales Data Benchmark,Average and Median Prices have
shown the following progression:
20

21. City of Airdrie Row Sales Data
Yearly – December 2014 – December 2015
The following table shows the City of Airdrie Row Sales Data for each month since December of last
year.
Month/Year Row Sales Previous Month End
Inventory + Inventory Added
During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2014 4 15 + 8 = 23 17.39% 26 4.00
January 2015 13 16 + 22 = 38 34.21% 41 1.62
February 2015 9 21 + 37 = 38 23.68% 37 5.11
March 2015 18 46 + 39 = 85 21.18% 34 3.22
April 2015 28 58 + 38 = 96 29.17% 41 2.14
May 2015 25 60+ 30 = 90 27.78% 31 2.32
June 2015 28 58 + 40 = 98 28.57% 46 2.29
July 2015 28 64 + 38 = 102 27.45% 48 2.21
August 2015 27 62 + 22 = 84 32.14% 39 1.89
September 2015 12 51 + 35 = 86 13.95% 51 5.00
October 2015 16 62 + 37 = 99 16.20% 58 4.38
November 2015 17 70 + 22 = 92 18.50% 63 3.59
December 2015 14 62 + 18 = 80 17.50% 70 4.07
City of Airdrie Row Sales Data
Monthly – December 2011 – December 2015
The following table shows the City of Airdrie Row Sales Data for each month since December of last
year.
Month/Year Row Sales Previous Month End
Inventory + Inventory
Added During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2011 6 32 + 11 = 43 14.00% 67 5.00
December 2012 4 26 + 2 = 28 14.30% 65 5.50
December 2013 7 14 + 4 = 18 38.90% 38 1.75
December 2014 4 15 + 8 = 23 17.39% 26 4.00
December 2015 14 62 + 18 = 80 17.50% 70 4.07
21

22. City of AirdrieApartment Sales Data Benchmark, Average and Median Prices have
shown the following progression:
22

23. City of AirdrieApartment Sales Data
Yearly – December 2014 – December 2015
The following table shows the City of Airdrie Apartment Sales Data for each month since December
of last year.
Month/Year Apartment
Sales
Previous Month End
Inventory + Inventory Added
During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2015 9 21 + 9 = 30 30.00% 53 2.22
January 2015 7 20 + 25 = 45 15.56& 40 5.14
February 2015 12 26 + 25 = 51 14.81% 29 3.58
March 2015 13 43 + 11 = 54 24.07% 50 2.77
April 2015 6 36 +19 = 55 10.91% 70 7.50
May 2015 7 45 + 22 = 66 10.61% 36 7.14
June 2015 9 50 + 26 = 76 11.84% 111 6.22
July 2015 13 56 + 18 = 74 17.57%% 57 3.92
August 2015 8 51 + 19 = 70 11.43% 61 5.88
September 2015 12 47 + 17 = 64 18.75% 50 3.50
October 2015 6 42 + 15 = 57 10.53% 57 6.00
November 2015 6 36 + 6 = 42 14.30% 51 3.83
December 2015 6 23 + 6 = 29 20.70% 55 3.17
City of AirdrieApartment Sales Data
Monthly – December 2011 – December 2015
The following table shows the City of Airdrie Apartment Sales Data for each month since December
of last year.
Month/Year Apartment Sales Previous Month End
Inventory + Inventory
Added During the Month
% of Available
Inventory Sold
Days on
Market
Months of
Supply
December 2011 10 35 + 5 = 40 25.00% 72 3.20
December 2012 0 18 + 5 = 23
December 2013 7 12 + 4 = 16 43.80% 39 1.29
December 2014 9 21 + 9 = 30 30.00% 53 2.22
December 2015 6 23 + 6 = 29 20.70% 55 3.17
23

24. City of AirdrieApartment Sales Data Benchmark, Average and Median Prices have
shown the following progression:
24

25. Curious About the
Value of Your Home?
As you can see, current market conditions play a critical role
in determining the value of your home.
Equally important however, is having an experienced and
knowledgeable professional Realtor® on your side.
Coldwell Banker Complete Real Estate would welcome the
opportunity to discuss any of your Real Estate needs at your
convenience.
#yesyoumatter
Request Your Free Home
Evaluation Today!
Coldwell Banker Complete Real Estate
Phone: 403-686-1455
25