August 1-21, 2012 Calgary Real Estate Update

After a sluggish first half of the month, single family homes sales finally perked up in week 3 and are once again showing year-over-year gains.

Month-to-date there have been 758 sales which is +3.69% y/y.  The average price is up +2.89% to $470,587 during the same time period.  The median price is up +5%  from $400,000 to $420,000.

SFH Sales August 1-21 (click to enlarge)

SFH stats August 1-21 (click to enlarge)

Condo sales are up +16%, with most of the increase focused on the Condo-Townhome segment.

Condo Sales August 1-21 (click to enlarge)

While Townhomes are posting the sales gains, it’s the apt-style condominiums that are showing price gains. Year-over-year, townhome average prices are down -6.8% while apt-style prices are up +8%.

Condo Stats August 1-21 (click to enlarge)

For more statistics please visit my website at:

FindCalgary

Questions? Ready to buy or sell real estate? I can be contacted at mike@findcalgary.com or 403-554-2284

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