After putting up impressive sales figures in June, Calgary’s high-end home market pulled back again in July, dimming prospects for a resurgence in the luxury segment.
A total of 56 properties sold for $1 million or more, down -30% from last July and the 4th highest tally for the month. Year-to-date sales of 349 are off -35% from 2014.
The highest sale price was $2,080,000 for a 3-storey home in Elbow Park.
Aspen Woods had the most sales with eleven, followed by Altadore/River Park with ten.
There are currently 552 properties listed on MLS® in Calgary with an asking price of $1 million or above.