June 1-14, 2013 Calgary Real Estate Market Report

Through two weeks in June overall Calgary sales are up 5.53% from a year ago with prices following suit.   New listings are nearly identical but when you consider there are -17% fewer homes currently for sale, it makes for tight market conditions.

Remarkably, the luxury market is outperforming even last month’s record setting pace.   Six more high-end home sold on Friday boosting the month-to-date total to 40.   In May, there had been 33 sales during the first 2 weeks of the month.

The most expensive sale in June so far and also the 2nd most expensive sale of 2013 was a $4,125,000 Windsor Park home.

Calgary home sale: June 1-14 (click to enlarge)

Calgary home sale: June 1-14 (click to enlarge)

Year-over-year Comparison

Year-over-year Comparison (click to enlarge)

One response to “June 1-14, 2013 Calgary Real Estate Market Report

  1. Does the risk of flooding affect real-estate prices in some areas of Calgary?


    On that topic, read the Calgary Herald article:   How will flooding impact Calgary housing market for rest of year?  (Quotes from CREB’s economist, Ann-Marie Lurie)
    -Mike Fotiou

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