Calgary single family homes sales in September were up over 8% from last year, ending with 1036 transactions. Prices followed suit as both the average and median price were up year-over-year: 1.27% and 2.56% respectively.
Unlike last year, the market slowed from August with sales dropping 6%. However the average price increased nearly 3% as the luxury segment ($1M+) saw more activity both y/y and m/m (see daily stats) The median price edged slightly lower to $400,000.
The condo market was considerably more robust than last September with sales up over 17%. Average prices were up 5.45% to $299,508 and nearly breached the $300k mark for the first time dating back to May 2010. The median slipped approx 2% to $260,000.
Month-over-month the average price was up almost 5% with the median increasing 2%. Sales slowed down 8%.