November 1-21, 2013 Calgary Real Estate Market Update

Calgary home sales through 3 weeks are up 21% from the same period a year ago and on track for the best November since 2006.

High demand coupled with low inventory levels have pushed the average price up 7% and the median up 10% year-over-year.

Luxury home sales picked up again after a slower second week.  Thirteen more properties sold for $1M or more bringing the month-to-date total to 38.    Luxury sales this month have now surpassed the month-end total of every November except for 2009 & 2012.

A $2.7M  Bayview home backing onto the Glenmore Reservoir is currently the most expensive sale of the month.  You can view pictures of the 3,875 sq ft home: click here

Note: CREB is reporting 836 SFH sales MTD while I’m seeing only 835.  I’ve asked CREB to look into this slight discrepancy.

Calgary Home Sales - November 1-21 2013

Calgary Home Sales – November 1-21 2013

Calgary Luxury Home Sales - November 1-21 2013

Calgary Luxury Home Sales – November 1-21 2013

Weekly Stats Summary (click to enlarge)

Weekly Stats Summary (click to enlarge)

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