December 2011 & Year-End Calgary Real Estate Stats

Single family home sales in December numbered 722, 1.5% less than what sold last December.  This is the first y/y decline in sales since April 2011.   The average price was $453,629 while the median was $393,750 which was an increase of +2.8% and +1.2% respectively y/y.

Condo sales were also down slightly from last December with 310 units changing hands.  Prices also edged lower with the average price ending at $280,155  while the median settled at $257,875, both down -1% from December 2010.

2011 Year-End Stats

Here are the 2011 Year-end  figures (2010 year-end in brackets for comparison)

Single Family Homes
Average Price: $466,402 ($461,132)
Median Price: $405,000 ($406,000)
Total Sold: 13,186  (12,091)

Condominiums
Average Price: $287,172 ($289, 905)
Median Price:  $261,500 ($266,500)
Total Sold:   5382 (5176)

You can compare the above year-end figures with CREB’s forecast below:

(Click to enlarge image)

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