CALGARYREAL ESTATEMARKET REPORTFebruary 2015

Realty Professionals

Cell: 403 831 0842Email: jerry@jerrycharlton.com

Web: www.jerrycharlton.com

Market Status

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

+5.0+2.0

+2.5 +4.5

+3.0 +4.0+3.5

5.03

Selle

r’s

Balanced Balanced

Buyer’smonthsof inventory

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Market Status (13 months history)No. of months of inventory

2

3

4

5

Jan.2014

Feb.2014

BUYE

R’S

MAR

KET

NEUT

RAL

MAR

KET

SELL

ER’S

MAR

KET 1.52 1.43

Mar.2014

1.22

Apr.2014

1.50

May2014

1.54

Jun.2014

1.79

Jul.2014

2.01

Aug.2014

2.03 2.12 2.00

Set.2014

Oct.2014

2.07

2.66

Nov.2014

Dec.2014

5.03

Jan.2015

Average Prices

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Calgaryless

–3.0%

$460,933

-0.5%

Compared to LAST MONTH,homes areselling for

Month to Month Year to Year

Dec2014

$475,193

Jan2015

$460,933

Jan2014

$463,303

Jan2015

Compared to LAST YEAR,homes areselling for

less-0.5%Calgary

less–3.0% –0.5%

City of Calgary average SOLD price

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Month to Month Year to Year

Dec2014

$553,840

Jan2015

$526,278 $527,799

Jan2014

Jan2015

$526,278

Detached homes average SOLD price

Compared to LAST MONTH,single family homes areselling for

Compared to LAST YEAR,single family homes areselling for

less-0.3%Detached

less–5.0%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Month to Month Year to Year

Dec2014

$318,299

Jan2015

$305,092 $305,092

Jan2014

$314,971

Jan2015

Apartment average SOLD price

Compared to LAST MONTH,apartment condos areselling for

less

Compared to LAST YEAR,apartment condos areselling for

less-3.1%–4.2%

lessCondos

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

$412,325

Month to Month Year to Year

Dec2014

$424,594

Jan2015

$404,071 $404,071

Jan2014

Jan2015

Attached average SOLD price

Compared to LAST MONTH,townhouses areselling for

Compared to LAST YEAR,townhouses areselling for

lessAttached-2.0%

less-4.8%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Prices in $ and Price movement in percentage

200

0

100

300

400

500

Years - Residential Average Price

14 years average of price increase for city of Calgary is 7.95%2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

YTD

+12.79%

+39.79%

+18.26% –2.47%

–4.65%

+4.01% +1.10% +3.44%+6.54% +1.45%

+10.58%

227,2

69

256,3

27

358,3

26 423,7

70

413,2

93

409,8

85

394,0

64 414,3

87

428,6

49

456,7

03

2003

+9.93%

205,5

22

483,0

79

2015

460,9

33

463,3

03

–0.51%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

3,2882,396

Month to Month Year to Year

Dec2014

Jan2015

3,2881,381

Jan2014

Jan2015

NEW listings

Compared to LAST MONTH,there are

morenew listings

+138.1%

Compared to LAST YEAR,there are

morenew listings

+37.2%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Listing inventory & SOLD (13 months history)

0

4,000

3,000

2,000

1,000

5,000

Jan.2014

Active listings Sold listings

1,4392,181

Feb.2014

1,850

2,641

Mar.2014

2,481

3,033

Apr.2014

2,539

3,820

May2014

2,945

4,528

Jun.2014

2,664

4,759

Jul.2014

2,328

4,678

Aug.2014

2,263

4,591

Set.2014

2,146

4,559

Oct.2014

2,145

4,292

Nov.2014

1,779

3,681

Dec.2014

1,082

2,883

Jan.2015

880

4,426

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Month to Month Year to Year

Dec2014

13.86%

150 SOLDout of

1,082 allSOLD

Jan2015

Jan2014

21.13%

304 SOLDout of

1,439 allSOLD

Jan2015

12.84%

113 SOLDout of

880 allSOLD

12.84%

113 SOLDout of

880 allSOLD

Homes sold at or above asking price

Compared to LAST MONTH,there are

less homesselling ator aboveasking price

Compared to LAST YEAR,there are

–7.37%less homesselling ator aboveasking price

-39.01%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Month to Month Year to Year

Dec2014

Jan2015

Jan2014

Jan2015

Sellers keptfrom asking

97.53% 97.57%

Sellers keptfrom asking

98.06% 97.57%

Buyers negotiated2.47% 2.43%

Buyers negotiated1.94% 2.43%

How much buyers negotiated off asking price

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Month to Month Year to Year

Dec2014

Jan2015

Jan2014

Jan2015

$4,539$6,492

Average $ amount SOLD over askingSingle Family

Compared to LAST MONTH,homes sold over listreceived

Compared to LAST YEAR,homes sold over listreceived

Over asking

$less

–30.1%less

–3.8%

$4,539$4,720

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Over asking

Month to Month Year to Year

Dec2014

$1,877

Jan2015

Jan2014

Jan2015

$1,606 $1,606$3,861

Average $ amount SOLD over askingCondos

Compared to LAST MONTH,condos sold over listreceived

-14.4%

Compared to LAST YEAR,homes sold over listreceived

-58.4%

$less less

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Month to Month Year to Year

Dec2014

37.53%

1,082 SOLDout of

2,883 listed

Jan2015

Jan2014

65.98%

880 SOLDout of

4,426 listed

1,439 SOLDout of

2,181 listed

Jan2015

880 SOLDout of

4,426 listed

Odds of selling(Percentage of Homes Sold VS Listings)

Compared to LAST MONTH,the odds of selling decreasedby

–47.02%

Compared to LAST YEAR,the odds of selling decreasedby

–69.21%

19.88%19.88%

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED SOURCE: CREB Calgary Real Estate Board

Month to Month Year to Year

DOM41

DOM40

DOM41

DOM43

Average Days on Market

Jan 2014

Jan 2015

Dec 2014

Jan 2015

Compared to LAST MONTH,homes are selling

faster

Compared to LAST YEAR,homes are selling

slower+4.9% -2.4%