Calgary Residential Housing Stats - November 2006

December 4, 2006

Figures released today by the Calgary Real Estate Board indicate that in spite of the normal seasonable slowdowns, the strong Calgary economy continues to drive the resale housing market.

• November combined residential sales totalled 2,313 (an increase of 9.0% over last month and a decrease of 11.45% from Nov 2005)
• Average combined residential sale price* was $360,674 (an increase of 36.40% over Nov 2005 and a decrease of 3.58% from last month) *Combined Residential includes SF homes, condos, and Mobile Homes
• The Average SF Calgary home sold for $394,712  (an increase of 33.52% over Nov 2005)
• The Average Calgary condo sold for $282,680  (an increase of 46.59% over Nov 2005)
• New residential listings totalled 2,850 in Nov '06 (an increase of 16.47% over Nov '05 and a decrease of 33.05% from last month)

For full details on the November 2006 Calgary Residential Sales Stats, visit Calgary Market Stats

As of December 5, 2006, there were

• 838 active listings for SW Calgary Houses for Sale (665 SW Calgary Condos for sale)
• 523 active listings for SE Calgary Houses for Sale (103 SE Calgary Condos for sale)
• 1,136 active listings for NW Calgary Houses for Sale (327 NW Calgary Condos for sale)
• 568 active listings for NE Calgary Houses for Sale (88 NE Calgary Condos for sale)

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