December 1-7, 2014 Calgary Real Estate Market Update

December is historically the slowest month of the year with activity front-loaded because of the holidays.

December & January are historically the 2 slowest months

December & January are historically the 2 slowest months

Calgary home sales were up 6.6% YOY and 3% above the 10 year average during the first week of December.

While the sales-to-new-listing ratio continues to indicate a seller’s market, it has cooled considerably from the same period last year thanks to a 28.85% hike in new listings and 24.92% additional homes on the market.

Through one week, the average and median price for the City of Calgary overall are both up over 9% YOY, but both those measures can easily be skewed early in the month because of the small sales sample.

Sales to new listings ratio Dec 7 2014

Calgary real estate sales - Dec 7 2014

Calgary real estate sales, December 1-7, Y/Y comparison

Calgary luxury real estate sales - Dec 7 2014

Calgary luxury sales ($1M+), December Y/Y comparison

Calgary stats summary, December 1-7, Y/Y comparison

Calgary stats summary, December 1-7, Y/Y comparison

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