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.