October marked the 9th straight month that Calgary’s luxury home market posted a monthly sales record.
A total of 57 properties (50 single family homes and 7 condos) sold for a $1M or above which is a 14% increase from the previous October high. The all-time sales record is 83 set back in May of this year.
There have been 640 high-end sales year-to-date. That’s already a 17.6% increase from 2012’s year-end total which was a banner year itself.
The most expensive sale for the month was a $2.9M home being built in Elbow Park/Glencoe. Altadore/River Park and Springbank Hill were the two most active communities with 4 sales each.
At month-end there were 451 properties listed for a million plus: 400 SFH and 51 condos. That’s a slight drop from September’s 477.