Read all about what's happening in the Calgary Real Estate Market in our April 2015 report.

1. Calgary & Area
Real Estate
Statistics:
April 2015
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2. TABLE OF CONTENTS
3
April Real Estate Summary
4 - 5
City of Calgary Detached Homes Sales Data
6 - 7
City of Calgary Attached Homes Sales Data
8 - 9
City of Calgary Apartment Homes Sales Data
10 - 11
Rural Rockyview Detached Sales Data
12
Message From The Calgary Real Estate Board
13 – 14
Rural Foothills Detached Sales Data
15 – 16
City of Airdrie Detached Sales Data
17 – 18
City of Airdrie Attached Sales Data
19 - 20
City of Airdrie Apartment Sales Data
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3. New Listings Decline as
Home Prices Ease
Improved sales to new listings ratio
reduces inventory gains
The data clearly shows that the buyer “fence sitters” have jumped off the fence! This is
possibly because anyone who buys property during this market cycle has the good
fortune of incredibly low financing rates and also because we have seen a decline in the
Benchmark Prices.
However, it looks like the Seller “fence sitters” have jumped back on the fence! Perhaps
this is also because of the decline in the Benchmark Prices.
In most reported market segments, both sales and the absorption rates are up from
last month, and the months of supply are lower.
If this pattern continues, balanced market conditions will soon follow.
If you are curious about the current market value of your home, or market conditions in
general, 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 – April 2014 – April 2015
The following table shows the City of Calgary Detached Homes Sales Data for each month since April
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
April 2014 1,532 1,675 + 2,252 = 3,927 39.01% 25 1.41
May 2014 1,774 2,155 + 2,575 = 4,730 37.51% 25 1.44
June 2014 1,549 2,554 + 2,280 = 4,834 32.04% 27 1.77
July 2014 1,362 2,737 + 1,861 = 4,598 29.62% 32 1.96
August 2014 1,278 2,674 + 1,792 = 4,466 28.62% 33 2.05
September 2014 1,224 2,616 + 1,868 = 4,484 27.30% 35 2.10
October 2014 1,290 2,571 + 1,626 = 4,197 30.74% 36 1.71
November 2014 1,033 2,205 + 1,126 = 3,331 31.01% 38 1.95
December 2015 607 2,015 + 763 = 2,778 21.85% 41 2.78
January 2015 535 1,687 +1,843 = 3,530 15.16% 37 4.68
February 2015 739 2,506 + 1,674 = 4,180 17.68% 34 3.99
March 2015 1,082 2,950 + 1,776 = 4,726 22.89% 37 2.79
April 2015 1,149 3,016 + 1,774 = 4,790 23.99% 38 2.63
City of Calgary Detached Homes Sales Data
Monthly – April 2011 – April 2015
The following table shows the City of Calgary Detached Homes Sales Data for each month since April
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
April 2011 1,104 3,347 + 2,036 = 5,383 20.51% 41 3.33
April 2012 1,433 2,789 + 2,050 = 4,839 29.61% 38 2.04
April 2013 1,428 2,280 + 2,123 = 4,403 32.43% 30 1.79
April 2014 1,532 1,675 + 2,252 = 3,927 39.01% 25 1.41
April 2015 1,149 3,016 + 1,774 = 4,790 23.99% 38 2.63
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5. The MLS® Home Price Index (HPI)
The MLS® Home Price Index (HPI) was launched on February 6, 2012 as part of a nationwide rollout
involving boards in Canada’s largest cities because average and median price changes can
misrepresent changes in market price. 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 Detached Benchmark, Average and Median Prices have shown the following
progression:
5

6. City of Calgary Attached Homes Sales Data
Yearly – April 2014 – April 2015
The following table shows the City of Calgary Attached Homes Sales Data for each month since April
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
April 2014 553 607 + 807 = 1,141 48.47% 26 1.37
May 2014 656 758 + 934 = 1,692 38.77% 28 1.37
June 2014 635 901 + 816 = 1,717 36.98% 28 1.46
July 2014 518 925 + 695 = 1,620 31.98% 32 1.79
August 2014 529 925 + 699 = 1,624 32.57% 34 1.71
September 2014 487 905 + 699 = 1,604 30.36% 34 1.87
October 2014 466 910 + 671 = 1,581 29.48% 38 1.97
November 2014 419 918 + 489 = 1,407 29.78% 36 2.02
December 2015 252 845 + 315 = 1,160 21.72% 45 2.82
January 2015 190 711 + 700 = 1,411 13.47% 41 5.27
February 2015 261 1,001 + 681 = 1,682 15.52% 34 4.66
March 2015 397 1,231 + 680 = 1,911 20.68% 39 3.17
April 2015 458 1,258 + 680 = 1,938 23.63& 41 2.64
City of Calgary Attached Homes Sales Data
Monthly – April 2011 – April 2015
The following table shows the City of Calgary Attached Homes Sales Data for each month since April
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
April 2011 324 1,089 + 632 = 1,721 18.83% 51 3.63
April 2012 399 935 + 574 = 1,509 26.44% 46 2.38
April 2013 493 759 + 702 = 1,461 33.74% 37 1.72
April 2014 553 607 + 807 = 1,141 48.47% 26 1.37
April 2015 458 1,258 + 680 = 1,938 23.63% 41 2.64
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7. The City of Calgary Attached Benchmark, Average and Median Prices have shown
the following progression:
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8. City of Calgary Apartment Homes Sales Data
Yearly – April 2014 – April 2015
The following table shows the City of Calgary Apartment Homes Sales Data for each month since
April 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
April 2014 454 751 + 694 = 1,445 31.42% 34 2.00
May 2014 515 907 + 818 = 1,725 29.86% 33 2.08
June 2014 480 1,073 + 721 = 1,794 26.76% 37 2.29
July 2014 448 1,097 + 663 = 1,760 25.45% 40 2.41
August 2014 456 1,079 + 656 = 1,735 26.28% 40 2.35
September 2014 435 1,070 + 692 = 1,762 24.69% 39 2.48
October 2014 389 1,078 + 622 = 1,700 22.88% 41 2.67
November 2014 327 1,039 + 478 = 1,517 21.56% 41 2.95
December 2015 223 966 + 303 = 1,269 17.57% 46 3.65
January 2015 155 815 + 745 = 1,560 9.94% 55 7.41
February 2015 217 1,148 + 595 = 1,743 12.45% 40 6.04
March 2015 303 1,134 + 672 = 2,006 15.10% 43 4.68
April 2015 350 1,419 + 610 = 2,029 17.25% 45 3.85
City of Calgary Apartment Homes Sales Data
Monthly – April 2011 – April 2015
The following table shows the City of Calgary Apartment Homes Sales Data for each month since
April 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
April 2011 313 1,142 + 570 = 1,712 18.28% 52 3.83
April 2012 357 1,089 + 604 = 1,693 21.09% 50 3.18
April 2013 439 813 + 634 = 1,447 30.34% 40 1.99
April 2014 454 751 + 694 = 1,445 31.42% 34 2.00
April 2015 350 1,419 + 610 = 2,029 17.25% 45 3.85
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9. The City of Calgary Apartment Benchmark, Average and Median Prices have shown
the following progression:
9

10. Rural Rockyview Detached Sales Data
Yearly – April 2014 – April 2015
The following table shows the Rural Rockyview Detached Sales Data for each month since April 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
April 2014 47 291 + 89 = 380 12.37% 66 6.51
May 2014 58 306 + 133 = 439 13.21% 69 5.84
June 2014 38 339 + 126 = 465 8.17% 91 9.68
July 2014 45 368 + 83 = 451 9.98% 88 8.07
August 2014 41 363 + 75 = 438 9.36% 82 8.78
September 2014 46 360 + 86 = 446 10.31% 84 7.28
October 2014 37 335 + 69 = 404 9.16% 92 8.30
November 2014 10 307 + 49 = 356 2.81% 116 28.40
December 2015 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
Rural Rockyview Detached Sales Data
Monthly – April 2011 – April 2015
The following table shows the Rural Rockyview Detached Sales Data for each month since April 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
April 2011 32 334 + 106 = 340 9.41% 90 11.75
April 2012 33 403 + 140 = 543 6.08% 77 12.21
April 2013 37 361 + 124 = 485 7.63% 105 12.74
April 2014 47 291 + 89 =380 12.37% 66 6.51
April 2015 28 296 + 68 = 364 7.69% 71 10.89
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11. Rural Rockyview Detached Sales Data Benchmark, Average and Median Prices have
shown the following progression:
11

12. While conditions continue to favour the buyer,
both the months of supply and the sales to new
listings ratio, which represent measures of
market balance, tightened in April,” said
CREB® chief economist Ann-Marie Lurie. “If
this trend continues, it should help prevent
resale inventories from rising to previous highs
and limit some of the downward price
pressures we’ve been seeing.”
“
”12

13. Rural Foothills Detached Sales Data
Yearly – April 2014 – April 2015
The following table shows the Rural Foothills Detached Sales Data for each month since April 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
April 2014 25 157 + 37 = 194 12.89% 107 6.44
May 2014 31 161 + 63 = 221 14.03% 97 5.74
June 2014 28 178 + 47 = 225 12.44% 64 6.39
July 2014 23 179 + 73 = 252 9.13% 98 8.61
August 2014 18 198 + 55 = 253 7.11% 64 11.83
September 2014 26 213 + 48 = 261 9.96% 96 7.77
October 2014 15 202 + 39 = 241 6.22% 79 12.13
November 2014 10 182 + 19 = 201 4.98% 103 16.30
December 2015 6 163 + 13 = 176 3.41% 167 19.83
January 2015 8 119 + 33 = 152 5.26% 151 15.13
February 2015 17 121 + 39 = 160 10.63% 139 7.94
March 2015 13 135 + 47 = 182 7.14% 139 11.69
April 2015 15 152 + 52 = 204 7.35% 96 11.93
Rural Foothills Detached Sales Data
Monthly – April 2011 – April 2015
The following table shows the Rural Foothills Detached Sales Data for each month since April 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
April 2011 17 174 + 68 = 242 6.31% 75 12.29
April 2012 20 220 + 44 = 264 7.58% 90 10.70
April 2013 22 182 + 57 = 239 9.21% 110 9.27
April 2014 25 156 + 38 = 194 12.89% 107 6.44
April 2015 15 152 + 52 = 204 7.35% 96 11.93
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14. Rural Foothills Detached Sales Data Benchmark, Average and Median Prices have
shown the following progression:
14

15. City of Airdrie Detached Sales Data
Yearly – April 2014 – April 2015
The following table shows the City of Airdrie Detached Sales Data for each month since April 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
April 2014 115 120 + 140 = 260 44.23% 28 1.00
May 2014 135 136 + 208 = 344 39.24% 27 1.41
June 2014 131 191 + 157 = 248 52.82% 29 1.45
July 2014 112 190 + 145 = 335 33.43% 32 1.73
August 2014 76 194 + 119 = 313 24.28% 31 2.66
September 2014 84 202 + 123 = 325 25.85% 45 2.18
October 2014 106 183 + 120 = 303 34.98% 45 1.41
November 2014 76 149 + 81 = 230 33.04% 38 1.72
December 2015 44 131 + 56 = 187 23.53% 48 2.89
January 2015 41 127 + 154 = 281 14.59% 49 5.15
February 2015 70 211 + 149 = 360 19.44% 35 3.54
March 2015 93 248 + 133 = 381 24.41% 38 2.63
April 2015 92 245 + 140 = 385 23.90% 40 2.64
City of Airdrie Detached Sales Data
Monthly – April 2011 – April 2015
The following table shows the City of Airdrie Detached Sales Data for each month since April 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
April 2011 57 273 + 122 = 395 14.43% 54 5.14
April 2012 72 230 + 131 = 361 19.94% 51 3.49
April 2013 96 147 + 162 = 309 30.07% 40 2.06
April 2014 115 120 + 140 = 260 44.23% 28 1.00
April 2015 92 245 + 140 = 385 23.90% 40 2.64
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16. City of Airdrie Detached Sales Data Benchmark, Average and Median Prices have
shown the following progression:
16

17. City of Airdrie Attached Sales Data
Yearly – April 2014 – April 2015
The following table shows the City of Airdrie Attached Sales Data for each month since April 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
April 2014 37 15 + 58 = 73 50.68% 17 .60
May 2014 48 40 + 58 = 98 48.98% 25 .92
June 2014 46 44 + 64 = 108 42.59% 28 1.13
July 2014 47 52 + 46 = 98 47.96% 26 .94
August 2014 35 44 + 51 = 95 36.84% 32 1.46
September 2014 49 51 + 41 = 92 53.26% 33 .87
October 2014 37 40 + 45 = 85 43.53% 34 .81
November 2014 33 30 + 21 = 52 63.46% 40 .73
December 2015 11 24 + 14 = 38 28.95% 28 2.09
January 2015 17 23 + 43 = 66 25.76% 36 2.53
February 2015 16 43 + 56 = 99 16.16% 40 4.63
March 2015 32 74 + 50 = 124 25.81% 38 2.47
April 2015 40 79 + 55 = 134 29.85% 37 2.13
City of Airdrie Attached Sales Data
Monthly – April 2011 – April 2015
The following table shows the City of Airdrie Attached Sales Data for each month since April 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
April 2011 17 37 + 24 = 61 27.87% 70 2.18
April 2012 19 31 + 21 = 52 36.54% 50 1.53
April 2013 27 25 + 28 = 53 50.94% 44 .78
April 2014 37 15 + 58 = 73 50.68% 17 .60
April 2015 40 79 + 55 = 134 29.85% 37 2.13
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18. City of Airdrie Attached Sales Data Benchmark, Average and Median Prices have
shown the following progression:
18

19. City of Airdrie Apartment Sales Data
Yearly – April 2014 – April 2015
The following table shows the City of Airdrie Apartment Sales Data for each month since April 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
April 2014 17 18 + 21 = 39 43.59% 27 1.29
May 2014 12 20 + 18 = 38 31.58% 29 1.75
June 2014 17 21 + 29 = 50 34.00% 36 1.88
July 2014 21 32 + 16 = 48 43.75% 50 1.24
August 2014 20 26 + 14 = 40 50.00% 36 .90
September 2014 9 18 + 14 = 32 28.13% 40 1.89
October 2014 16 17 + 17 = 34 47.06% 36 .88
November 2014 7 14 + 13 = 27 25.93% 36 3.14
December 2015 9 22 + 9 = 29 31.03% 53 2.11
January 2015 7 19 + 25 = 44 15.91% 40 5.14
February 2015 12 40 + 43 = 83 14.46% 29 3.58
March 2015 13 43 + 11 = 54 24.07% 50 2.77
April 2015 6 36 +19 = 55 10.91% 70 7.17
City of Airdrie Apartment Sales Data
Monthly – April 2011 – April 2015
The following table shows the City of Airdrie Apartment Sales Data for each month since April 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
April 2011 8 47 + 6 = 53 15.09% 77 4.38
April 2012 9 42 + 12 = 54 16.67% 59 4.67
April 2013 8 24 + 7 = 31 25.81% 69 2.63
April 2014 17 18 + 21 =39 43.59% 27 1.29
April 2015 6 36 +19 = 55 10.91% 70 7.1
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20. City of Airdrie Apartment Sales Data Benchmark, Average and Median Prices have
shown the following progression:
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21. 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
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