Calgary Luxury Home Market Report: February 2014

New February Sales Record

It took all 28 days of the month to accomplish, but a new luxury sales peak was reached in February.

Five homes sold for $1M+ on Friday,  hiking the month end total to 66.  That surpasses the previous February record of 63 sales set just last year.

Year-to-date, high-end sales are up 10.3% y/y.

The most expensive sale for the month was an Elbow Park home which sold for $3,935,000.

Altadore/River Park was the most active community with 6 transactions, followed by Mount Royal with 5.

There are currently 368 single family homes and  46 condos listed with an asking price of $1M or higher.

Luxury sales, February year-over-year comparison

12 month trend

12 month trend

Year-over-year comparison

Year-over-year comparison

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