Calgary Luxury Home Sales Break October Record

Calgary’s high-end market continues to break records deep into the year as October sales of $1M+ properties have now eclipsed 2013’s peak for the month.

At the time of writing, a total of 58 properties have sold for at least a million dollars, surpassing last October’s high of 57.

Calgary luxury home sales, October, Y/Y comparison

Calgary luxury home sales, October, Y/Y comparison

With 10 consecutive months of record sales of $1M+ properties, let’s take a look at how the “Ultra-luxury” segment is doing.

Below are two annual charts:  Sales of $2M+ and $3M+ properties.

Year-to-date, 88 homes have sold for at least $2M+, closing in on the annual peak of 100 set in 2013.  At this time last year, the YTD total was 87.

Calgary Ultra-luxury home sales, $2M+, Y/Y comparison

Calgary Ultra-luxury home sales, $2M+, Y/Y comparison

Looking a step higher in the $3M+ range, there have been 24 sales so far this year which is a record high already.

Calgary luxury home sales 3 million - October 2014

Calgary Ultra-luxury home sales, $3M+, Y/Y comparison

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