Calgary Real Estate Market Stats, August 2018


Calgary Real Estate is currently a Buyer’s Market

Detached Home Median Sale Price $485,000 (down 1.2% Yr/Yr)
Detached Home Average Sale Price $563,468 (up 2.1% Yr/Yr)
Condo Median Sale Price $257,000 (up 0.8% Yr/Yr)
Condo Average Sale Price $294,292 (up 3.2% Yr/Yr)
Days on Market: Detached 51; Condos 71
Detached home sales: down 5.7% Yr/Yr
Condo sales: down 2.0% Yr/Yr
Detached Sales to New Listing ratio: 51% (down from 59% last year)
Detached Sales to Active Listing ratio: 21% (down from 31% last year)
Condo Sales to New Listing ratio: 45% (up from 39% last year)
Condo Sales to Active Listing ratio: 15% (up from 14% last year)
Detached home Listing Inventory: 4.8 months vs 3.3 a year ago
Condo listing inventory is now 6.9 months vs 7.1 a year ago
(A listing inventory of less than 2 months indicates a Seller’s market,
2-4 months is a Balanced market, while over 4 months is a Buyer’s market)
8.2% of all homes sold for full list price or more in August, vs. 12.0% last year
Let us set you up with the best search for new Calgary home listings right here.
Using the latest technology, you’ll receive new CALGARY MLS® System LISTINGS
directly by email, long before they appear on REALTOR.ca
View all the latest Calgary Houses for Sale (over past 24 hours)
Find out what your Calgary House is worth with our free Calgary online home evaluation

Leave a Reply

Your email address will not be published. Required fields are marked *