Calgary Luxury Home Market Report: August 2013

Calgary’s luxury home market ended the month of August with an exclamation point.  Twelve homes sold for $1M+ on Friday alone which is the most that has ever sold in a single day.

That boosted the total to 64 high-end sales, doubling last August’s figure and was a 68% increase from the previous August sales record set in 2007.

August 2013 - Calgary Luxury Sales

Calgary Luxury Home Sales – August y/y comparison

A $4,750,000 home in Mount Royal was the most expensive sale for the month.  The communities with the most luxury sales were Aspen Woods with 8 followed by West Hillhurst with 6.

There are currently 459 properties listed for a million plus: 406 SFH, 53 condos.

Year-to-date, there have been 524 high-end sales compared to 370 during the same period last year.   In 2012, the year-end total was 544.

2013/2012 Year-Over-Year Comparison

2013/2012 Year-Over-Year Comparison

Feel free to contact me with any questions or if you want me to represent you in your next home purchase or sale.  Enjoy the rest of your long weekend!

One response to “Calgary Luxury Home Market Report: August 2013

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

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