Airdrie Real Estate Market Report: August 2013

It wasn’t only Calgary that experienced a busy August real estate market.  Sales surged on a year-over-year basis in most surrounding towns as well. Here’s a quick overview:

Cochrane’s market was a subdued 3% y/y increase and as you can imagine, sales in High River plummeted in August.  Overall sales were down -80% to just 6 for the month.

In Airdrie, the single family and condo-townhome segments were the most active with 109 and 22 sales respectively.   Overall sales amounted to 134 – the most sales ever recorded for the month of August.

Single family home average prices were up 3.18% from last August to $395,369 while the median slipped -0.55% to $379,900.

The Sales to New Listings ratio for SFH was at 88.62% and at 100% for Townhomes indicating sellers had control of the market.  Apartments, however, were at a dismal 17.65% and had an inventory absorption rate of over 7 months.   Despite those figures, YTD price growth for Apartments are outpacing both SFH and townhomes.

Questions? Ready to buy or sell in Airdrie?  Please feel free to contact me.

Airdrie Real Estate - August 2013

Airdrie Real Estate – August 2013

AIRDRIE MONTHLY TOTAL SALES - August 2013

AIRDRIE MONTHLY TOTAL SALES – August 2013

AIRDRIE YTD TOTAL SALES - August 2013

AIRDRIE YTD TOTAL SALES – August 2013

AIRDRIE YTD TOTAL NEW LISTINGS - August 2013

AIRDRIE YTD TOTAL NEW LISTINGS – August 2013

AIRDRIE YTD TOTAL AVERAGE DOM - August 2013

AIRDRIE YTD TOTAL AVERAGE DOM – August 2013

AIRDRIE SALES TO NEW LISTINGS RATIO - August 2013

AIRDRIE SALES TO NEW LISTINGS RATIO – August 2013

AIRDRIE SALES AND NEW LISTINGS - August 2013

AIRDRIE SALES AND NEW LISTINGS – August 2013

AIRDRIE MONTHS OF INVENTORY - August 2013

AIRDRIE MONTHS OF INVENTORY – August 2013

AIRDRIE MONTHLY TOTAL NEW LISTINGS - August 2013

AIRDRIE MONTHLY TOTAL NEW LISTINGS – August 2013

AIRDRIE MONTHLY TOTAL ACTIVE LISTINGS - August 2013

AIRDRIE MONTHLY TOTAL ACTIVE LISTINGS – August 2013

AIRDRIE INDEX YEAR OVER YEAR COMPARISON - August 2013

AIRDRIE INDEX YEAR OVER YEAR COMPARISON – August 2013

AIRDRIE 10 YEAR PRICES - August 2013

AIRDRIE 10 YEAR PRICES – August 2013

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