Barry Klatt

403-271-0600
Barry Klatt
Office:403-271-0600
Fax:403-476-5236

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Calgary housing market blooming in May

It’s only one week into May but Calgary’s housing market is showing signs of being on a positive trend.

Sales and prices in all categories are up compared with the first week in May a year ago.

 

According to the Calgary Real Estate Board, total MLS residential sales in the city of 515 from May 1-7 are a 20.61 per cent hike from the same period last year while the average sale price has risen by 3.60 per cent to $464,824.

 

In the single-family category, month-to-date has seen 370 MLS sales, up 22.52 per cent from last year and the average sale price has increased by 3.14 per cent to $526,119.

 

The condo apartment sector has experienced 74 sales for an average price of $287,722. Sales are up 2.78 per cent from a year ago while average sale prices have increased 0.43 per cent.

 

And the condo townhouse market has seen 71 sales in the first week of May for an average price of $329,989. Sales have increased by 33.96 per cent from the same period a year ago while prices have risen by 3.38 per cent.

 

Source: http://blogs.calgaryherald.com/2012/05/08/calgary-housing-market-blooming-in-may/

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Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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