April 1-7, 2013 Calgary Real Estate Market Update

On the last day of March, our MLXchange system experienced an outage.   Calgary agents were unable to login to post sales for most of that Sunday.  That evening I joked:

Sure enough, a couple days later:

Sales decline due to outage?

Sales decline due to outage?

So does that mean that a sales increase in April can be attributed to having one extra day of sales? What’s good for the goose…

In all seriousness though, Sunday sales are by far the lowest of the week.   In March, combined sales for SFH & Condo ranged from 17 to 29 on any given Sunday.  On Monday April 1st there were 65 total sales compared to 84 the previous Monday – so there wasn’t any sales surge caused by the few sales that were carried over.

So how did sales in the first week of April compare to previous years?

Single family home sales are up 9.66% year-over-year.  Interestingly, new listings are also up 3.68% this month which is welcome news to buyers. Right now active listings are down -18.21% y/y; we started the year off at -31%.

April Sales

April home sales

Luxury sales for 1st week of April

Luxury sales for 1st week of April

Calgary Weekly Summary for April 1-7 (click to enlarge image)

For more Calgary real estate statistics including prices, 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

Please feel free to post your comment or question

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s