Record-Breaking September In The Works
With 1,500 home sales through three weeks, Calgary’s market is on track to break the September sales record that has stood since 2005. Month-to-date sales are up 11.61% over last year.
A year ago, overall Calgary home prices were at the highest September level ever – and they’re even higher today. Currently, the average price is up 5.73% y/y ($455,973 -> $482,113) and the median is up 3.58% ($405,500 -> $420,000)
The luxury segment continues to boom. So far this month 49 properties have sold for $1M or higher which surpasses the month-end total of every previous September except for 2013.