The slim year-over-year sales lead was lost in week three of March. There were 1,022 single family homes sold between March 1 – 21, down -1.73% from the same period last year.
Condo-Apt sales are barely above last year’s pace: 240 sales compared to 238.
Sales-wise, Condo-Townhomes have been the best performing in March with 196 sales which is a 24% increase.
Overall, the Calgary market is seeing marginal sales growth – except when it comes the high-end segment which continues to surge higher.
The luxury condo market has posted a record sales month with 9 sales for over a $1M month-to-date (Read Calgary Herald article: Calgary luxury condo market sets record for MLS sales)
Forty-three luxury single family homes have sold as well, bringing the year-to-date total to 133. Last year between Jan 1 – Mar 21 there were 90 such sales. When you recall that 2012 was a record-setting year, it makes 2013’s sales figures all the more remarkable.