Calgary Luxury Home Market Review: February 2013

February was a record-breaking month for Calgary luxury homes for a couple reasons.

First, the sale of the $10,350,000 home in the community of Aspen Woods late in the month set a new all-time high for most expensive home sold in Calgary on MLS®.

Second, the 63 properties total that sold for a million or more during the month was a 50% increase from the previous year and set a record February high.  Separately, it was also the most luxury single family homes (SFH) or condos that sold during the month as well.

Calgary Luxury Home Sales (click to enlarge image)

Calgary Luxury Home Sales (click to enlarge image)

With 59 SFH selling for a $1M+, it was the most in a month since May 2012 when the all-time record was set.

12-month luxury sales trend (click to enlarge image)

12-month luxury sales trend (click to enlarge image)

Elbow Park was the most active community with 10 sales, followed by Springbank Hill with 7 and then West Hillhurst with 5.

Below are the homes that sold sorted by community.  If you’d like more information on any of them or have any questions, please feel free to contact me at:  mike@findcalgary.com

February 2013 Luxury Sales List*Asking price is what the list price was right before it sold. (ie. May not be original asking price if there was a previous price reduction)

One response to “Calgary Luxury Home Market Review: February 2013

  1. Pingback: September 1-21, 2013 Calgary Real Estate Market Update | Calgary Real Estate Review

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