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Calgary & Area Real Estate Statistics:
August 2015
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TABLE OF CONTENTS
3 August Real Estate Summary
4 - 5
City of Calgary Detached Homes Sales Data
6 - 7 City of Calgary Attached Homes Sales Data
8 - 9
City of Calgary Apartment Homes Sales Data
10 - 11 Rural Rockyview Detached Sales Data
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Message From The Calgary Real Estate Board
13 – 14 Rural Foothills Detached Sales Data
15 – 16
City of Airdrie Detached Sales Data
17 – 18 City of Airdrie Attached Sales Data
19 - 20
City of Airdrie Apartment Sales Data 2
Inventory Levels Rise
August sales activity falls below long-term averages
“Calgary’s residential resale housing market recorded further easing in absorption rates in August due to weaker sales activity. Sales in the city declined by 27 per cent to 1,643 units last month relative to the same time last year and 12 per cent below 10-year averages” (Source: Calgary Real Estate Board) Although the Calgary Detached absorption rate was lower in August 2015 compared to July 2015, the absorption rate was still better than in 2011 and 2012. In addition the inventory was higher in 2011 and 2012 than in August 2015. So while we are feeling the effects of a volatile oil and gas sector, the market has not yet reached the market conditions of 2011 and 2012. Of course every neighbourhood and price segment is unique and will have its own market pattern but the market as a whole seems to have continued to be in balanced conditions. If you are curious about the current market value of your home, or market conditions in general, please feel free to contact us. Hope this helps! Susanita de Diego
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City of Calgary Detached Homes Sales Data Yearly – August 2014 – August 2015 The following table shows the City of Calgary Detached Homes Sales Data for each month since August of last year.
Month/Year Detached Sales
Previous Month End Inventory + Inventory Added
During the Month
% of Available Inventory Sold
Days on Market
Months of Supply
August 2014 1,278 2,674 + 1,792 = 4,466 28.62% 33 2.05
September 2014 1,224 2,616 + 1,868 = 4,484 27.30% 35 2.10
October 2014 1,290 2,571 + 1,626 = 4,197 30.74% 36 1.71
November 2014 1,033 2,205 + 1,126 = 3,331 31.01% 38 1.95
December 2015 607 2,015 + 763 = 2,778 21.85% 41 2.78
January 2015 535 1,687 +1,843 = 3,530 15.16% 37 4.68
February 2015 739 2,506 + 1,674 = 4,180 17.68% 34 3.99
March 2015 1,082 2,950 + 1,776 = 4,726 22.89% 37 2.79
April 2015 1,149 3,016 + 1,774 = 4,790 23.99% 38 2.63
May 2015 1,368 3,024 + 1,877 = 4,903 27.91% 38 2.13
June 2015 1,335 2,913 + 1,832 = 4,745 28.13% 37 2.07
July 2015 1,222 2,760 + 1,733 = 4,493 27.20% 37 2.23
August 2015 1,000 2,728 + 1,644 = 4,372 22.87% 37 2.80
City of Calgary Detached Homes Sales Data Monthly – August 2011 – August 2015 The following table shows the City of Calgary Detached Homes Sales Data for each month since August of last year.
Month/Year Detached Sales Previous Month End Inventory + Inventory
Added During the Month
% of Available Inventory Sold
Days on Market
Months of Supply
August 2011 986 3,821 + 1,858 = 5,679 17.36% 49 3.82
August 2012 1,052 3,024 + 1,589 = 4,613 22.81% 42 2.73
August 2013 1,350 2,533 + 1,711 = 4,244 31.81% 37 1.70
August 2014 1,278 2,674 + 1,792 = 4,466 28.62% 33 2.05
August 2015 1,000 2,728 + 1,644 = 4,372 22.87% 37 2.80
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The MLS® Home Price Index (HPI) The MLS® Home Price Index (HPI) was launched on February 6, 2012 as part of a nationwide rollout involving boards in Canada’s largest cities because average and median price changes can misrepresent changes in market price. We often refer to the median price as being immune from outliers. However, if there have been large movements in either the low end or high end of the price spectrum, the median is unable to reflect the price changes. The MLS® Home Price Index (HPI) was introduced to provide a better measurement of price and price trends for residential properties. A benchmark home is one that is comprised of a set of specific attributes that is typical for the area where it is located. The City of Calgary Detached Benchmark, Average and Median Prices have shown the following progression:
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City of Calgary Attached Homes Sales Data Yearly – August 2014 – August 2015 The following table shows the City of Calgary Attached Homes Sales Data for each month since August of last year.
Month/Year ALached Sales
Previous Month End Inventory + Inventory Added
During the Month
% of Available Inventory Sold
Days on Market
Months of Supply
August 2014 529 925 + 699 = 1,624 32.57% 34 1.71
September 2014 487 905 + 699 = 1,604 30.36% 34 1.87
October 2014 466 910 + 671 = 1,581 29.48% 38 1.97
November 2014 419 918 + 489 = 1,407 29.78% 36 2.02
December 2015 252 845 + 315 = 1,160 21.72% 45 2.82
January 2015 190 711 + 700 = 1,411 13.47% 41 5.27
February 2015 261 1,001 + 681 = 1,682 15.52% 34 4.66
March 2015 397 1,231 + 680 = 1,911 20.68% 39 3.17
April 2015 458 1,258 + 680 = 1,938 23.63& 41 2.64
May 2015 465 1,207 + 676 = 1,883 24.69% 43 2.44
June 2015 450 1,136 + 680 = 1,816 24.78% 44 2.48
July 2015 447 1,114 + 668 = 1,782 25.08% 44 2.47
August 2015 364 1,104 + 577 = 1,681 21.65% 44 3.10
City of Calgary Attached Homes Sales Data Monthly – August 2011 – August 2015 The following table shows the City of Calgary Attached Homes Sales Data for each month since August of last year.
Month/Year ALached Sales Previous Month End Inventory + Inventory
Added During the Month
% of Available Inventory Sold
Days on Market
Months of Supply
August 2011 289 1,208 + 571 = 1,779 16.25% 51 4.16
August 2012 345 985 + 507 = 1,492 23.12% 48 2.67
August 2013 432 675 + 599 = 1,274 33.91% 34 1.59
August 2014 529 925 + 695 = 1,624 32.57% 34 1.71
August 2015 364 1,104 + 577 = 1,681 21.65% 44 3.10
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The City of Calgary Attached Benchmark, Average and Median Prices have shown the following progression:
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City of Calgary Apartment Homes Sales Data Yearly – August 2014 – August 2015 The following table shows the City of Calgary Apartment Homes Sales Data for each month since August of last year.
Month/Year Apartment Sales
Previous Month End Inventory + Inventory Added
During the Month
% of Available Inventory Sold
Days on Market
Months of Supply
August 2014 456 1,079 + 656 = 1,735 26.28% 40 2.35
September 2014 435 1,070 + 692 = 1,762 24.69% 39 2.48
October 2014 389 1,078 + 622 = 1,700 22.88% 41 2.67
November 2014 327 1,039 + 478 = 1,517 21.56% 41 2.95
December 2015 223 966 + 303 = 1,269 17.57% 46 3.65
January 2015 155 815 + 745 = 1,560 9.94% 55 7.41
February 2015 217 1,148 + 595 = 1,743 12.45% 40 6.04
March 2015 303 1,134 + 672 = 2,006 15.10% 43 4.68
April 2015 350 1,419 + 610 = 2,029 17.25% 45 3.85
May 2015 359 1,348 + 612 = 1,960 18.32% 48 3.60
June 2015 399 1,293 + 611 = 1,904 20.96% 48 3.00
July 2015 324 1,196 + 583 = 1,779 18.21% 47 3.77
August 2015 279 1,223 + 512 = 1,735 16.08% 47 4.35
City of Calgary Apartment Homes Sales Data Monthly –August 2011 – August 2015 The following table shows the City of Calgary Apartment Homes Sales Data for each month since August of last year.
Month/Year Apartment Sales
Previous Month End Inventory + Inventory
Added During the Month
% of Available Inventory Sold
Days on Market
Months of Supply
August 2011 287 1,211 + 517 = 1,728 16.61% 56 4.13
August 2012 318 1,136 + 471 = 1,607 19.79% 52 3.22
August 2013 402 792 + 454 = 1,246 32.26% 43 1.71
August 2014 456 1,079 + 656 = 1,735 26.28% 40 2.35
August 2015 279 1,223 + 512 = 1,735 16.08% 47 4.35
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The City of Calgary Apartment Benchmark, Average and Median Prices have shown the following progression:
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Rural Rockyview Detached Sales Data Yearly – August 2014 – August 2015 The following table shows the Rural Rockyview Detached Sales Data for each month since August of last year.
Month/Year Detached Sales
Previous Month End Inventory + Inventory Added
During the Month
% of Available Inventory Sold
Days on Market
Months of Supply
August 2014 41 363 + 75 = 438 9.36% 82 8.78
September 2014 46 360 + 86 = 446 10.31% 84 7.28
October 2014 37 335 + 69 = 404 9.16% 92 8.30
November 2014 10 307 + 49 = 356 2.81% 116 28.40
December 2015 15 284 + 31 = 315 4.76% 140 14.67
January 2015 19 220 + 88 = 308 6.17% 142 13.05
February 2015 20 248 + 76 = 324 6.17% 74 13.85
March 2015 23 277 + 82 = 345 6.67% 86 12.87
April 2015 28 296 + 68 = 364 7.69% 71 10.89
May 2015 35 305 + 87 = 392 8.93% 78 9.43
June 2015 41 330 + 84 = 414 9.90% 97 7.93
July 2015 29 325 + 62 = 387 7.49% 84 10.55
August 2015 13 306 + 68 = 374 3.48% 73 23.62
Rural Rockyview Detached Sales Data Monthly – August 2011 – August 2015 The following table shows the Rural Rockyview Detached Sales Data for each month since August of last year.
Month/Year Detached Sales Previous Month End Inventory + Inventory
Added During the Month
% of Available Inventory Sold
Days on Market
Months of Supply
August 2011 28 444 + 102 = 546 5.13% 92 16.25
August 2012 33 448 + 78 = 526 6.27% 91 13.24
August 2013 38 413 + 83 = 496 7.66% 133 10.21
August 2014 41 363 + 75 = 438 9.36% 82 8.78
August 2015 13 306 + 68 = 374 3.48% 73 23.62
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Rural Rockyview Detached Sales Data Benchmark, Average and Median Prices have shown the following progression:
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Calgary’s residential resale housing market recorded further easing in absorption rates in August due to weaker sales activity. Sales in the city declined by 27 per cent to 1,643 units last month relative to the same time last year and 12 per cent below 10-year averages. “Persistent weakness in the energy sector weighed on sales activity this month, which once again retracted to levels well below the norm for the city,” said CREB® chief economist Ann-Marie Lurie.
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Rural Foothills Detached Sales Data Yearly – August 2014 – August 2015 The following table shows the Rural Foothills Detached Sales Data for each month since August of last year.
Month/Year Detached Sales
Previous Month End Inventory + Inventory Added
During the Month
% of Available Inventory Sold
Days on Market
Months of Supply
August 2014 18 198 + 55 = 253 7.11% 64 11.83
September 2014 26 213 + 48 = 261 9.96% 96 7.77
October 2014 15 202 + 39 = 241 6.22% 79 12.13
November 2014 10 182 + 19 = 201 4.98% 103 16.30
December 2015 6 163 + 13 = 176 3.41% 167 19.83
January 2015 8 119 + 33 = 152 5.26% 151 15.13
February 2015 17 121 + 39 = 160 10.63% 139 7.94
March 2015 13 135 + 47 = 182 7.14% 139 11.69
April 2015 15 152 + 52 = 204 7.35% 96 11.93
May 2015 24 179 + 63 = 242 9.92% 102 8.21
June 2015 17 197 + 51 = 248 6.85% 52 12.41
July 2015 16 211 + 39 = 250 6.4% 86 13.00
August 2015 10 208 + 39 = 247 4.05% 56 20.10
Rural Foothills Detached Sales Data Monthly – August 2011 – August 2015 The following table shows the Rural Foothills Detached Sales Data for each month since August of last year.
Month/Year Detached Sales Previous Month End Inventory + Inventory
Added During the Month
% of Available Inventory Sold
Days on Market
Months of Supply
August 2011 16 283 + 56 = 339 4.72% 103 17.44
August 2012 26 273 + 57 = 330 7.88% 125 10.27
August 2013 23 220 + 48 = 268 8.58% 83 9.43
August 2014 18 198 + 55 = 253 7.11% 64 11.83
August 2015 10 208 + 39 = 247 4.05% 56 20.10
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Rural Foothills Detached Sales Data Benchmark, Average and Median Prices have shown the following progression:
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City of Airdrie Detached Sales Data Yearly – August 2014 – August 2015 The following table shows the City of Airdrie Detached Sales Data for each month since August of last year.
Month/Year Detached Sales
Previous Month End Inventory + Inventory Added
During the Month
% of Available Inventory Sold
Days on Market
Months of Supply
August 2014 76 194 + 119 = 313 24.28% 31 2.66
September 2014 84 202 + 123 = 325 25.85% 45 2.18
October 2014 106 183 + 120 = 303 34.98% 45 1.41
November 2014 76 149 + 81 = 230 33.04% 38 1.72
December 2015 44 131 + 56 = 187 23.53% 48 2.89
January 2015 41 127 + 154 = 281 14.59% 49 5.15
February 2015 70 211 + 149 = 360 19.44% 35 3.54
March 2015 93 248 + 133 = 381 24.41% 38 2.63
April 2015 92 245 + 140 = 385 23.90% 40 2.64
May 2015 112 243 + 159 = 404 27.72% 41 2.17
June 2015 117 243 + 157 = 400 29.25% 43 2.05
July 2015 106 240 + 128 = 368 28.80% 37 2.11
August 2015 87 224 + 127 = 351 24.79% 40 2.59
City of Airdrie Detached Sales Data Monthly – August 2011 – August 2015 The following table shows the City of Airdrie Detached Sales Data for each month since August of last year.
Month/Year Detached Sales Previous Month End Inventory + Inventory
Added During the Month
% of Available Inventory Sold
Days on Market
Months of Supply
August 2011 59 278 + 126 = 404 14.60% 67 4.86
August 2012 66 205 + 109 = 314 21.02% 58 3.08
August 2013 98 156 + 114 = 270 36.30% 36 1.52
August 2014 76 194 + 119 = 313 24.28% 31 2.66
August 2015 87 224 + 127 = 351 24.79% 40 2.59
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City of Airdrie Detached Sales Data Benchmark, Average and Median Prices have shown the following progression:
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City of Airdrie Attached Sales Data Yearly –August 2014 – August 2015 The following table shows the City of Airdrie Attached Sales Data for each month since August of last year.
Month/Year ALached Sales
Previous Month End Inventory + Inventory Added
During the Month
% of Available Inventory Sold
Days on Market
Months of Supply
August 2014 35 44 + 51 = 95 36.84% 32 1.46
September 2014 49 51 + 41 = 92 53.26% 33 .87
October 2014 37 40 + 45 = 85 43.53% 34 .81
November 2014 33 30 + 21 = 52 63.46% 40 .73
December 2015 11 24 + 14 = 38 28.95% 28 2.09
January 2015 17 23 + 43 = 66 25.76% 36 2.53
February 2015 16 43 + 56 = 99 16.16% 40 4.63
March 2015 32 74 + 50 = 124 25.81% 38 2.47
April 2015 40 79 + 55 = 134 29.85% 37 2.13
May 2015 34 85 + 39 = 124 27.42% 31 2.24
June 2015 40 76 + 60 = 136 29.41% 43 2.23
July 2015 44 89 + 51 = 140 31.43% 43 1.91
August 2015 39 84 + 38 = 122 31.97% 43 1.87
City of Airdrie Attached Sales Data Monthly – August 2011 – August 2015 The following table shows the City of Airdrie Attached Sales Data for each month since August of last year.
Month/Year ALached Sales Previous Month End Inventory + Inventory
Added During the Month
% of Available Inventory Sold
Days on Market
Months of Supply
August 2011 13 39 + 17 = 56 23.218% 81 2.85
August 2012 8 22 + 24 = 46 17.39% 56 3.13
August 2013 33 19 + 32 = 45 73.33% 40 .45
August 2014 35 44 + 51 = 95 36.84% 32 1.46
August 2015 39 84 + 38 = 122 31.97% 43 1.87
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City of Airdrie Attached Sales Data Benchmark, Average and Median Prices have shown the following progression:
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City of Airdrie Apartment Sales Data Yearly – August 2014 – August 2015 The following table shows the City of Airdrie Apartment Sales Data for each month since August of last year.
Month/Year Apartment Sales
Previous Month End Inventory + Inventory Added
During the Month
% of Available Inventory Sold
Days on Market
Months of Supply
August 2014 20 26 + 14 = 40 50.00% 36 .90
September 2014 9 18 + 14 = 32 28.13% 40 1.89
October 2014 16 17 + 17 = 34 47.06% 36 .88
November 2014 7 14 + 13 = 27 25.93% 36 3.14
December 2015 9 22 + 9 = 29 31.03% 53 2.11
January 2015 7 19 + 25 = 44 15.91% 40 5.14
February 2015 12 40 + 43 = 83 14.46% 29 3.58
March 2015 13 43 + 11 = 54 24.07% 50 2.77
April 2015 6 36 +19 = 55 10.91% 70 7.17
May 2015 7 43 + 23 = 66 10.61% 36 7.29
June 2015 9 51 + 26 = 77 11.69% 111 6.11
July 2015 13 55 + 18 = 73 17.81% 57 3.85
August 2015 8 50 + 19 = 69 11.59% 61 5.75
City of Airdrie Apartment Sales Data Monthly – August 2011 – August 2015 The following table shows the City of Airdrie Apartment Sales Data for each month since August of last year.
Month/Year Apartment Sales Previous Month End Inventory + Inventory
Added During the Month
% of Available Inventory Sold
Days on Market
Months of Supply
August 2011 7 24 + 8 = 32 21.88% 57 3.43
August 2012 5 25 + 6 = 31 26.13% 53 4.60
August 2013 3 19 + 16 = 35 8.57% 29 9.33
August 2014 20 26 + 14 = 40 50% 36 .90
August 2015 8 50 + 19 = 69 11.59% 61 5.75
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City of Airdrie Apartment Sales Data Benchmark, Average and Median Prices have shown the following progression:
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Curious About the Value of Your Home? As you can see, current market condiAons play a criAcal role in determining the value of your home. Equally important however, is having an experienced and knowledgeable professional Realtor® on your side. Coldwell Banker Complete Real Estate would welcome the opportunity to discuss any of your Real Estate needs at your convenience.
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