Calgary MLS® Stats - Feb 08/07 Update
Posted Feb 11, 2007 @ 6:20 pm, Viewed by 854 Visitors, Read 877 Times.
Your weekly update of the Calgary MLS® Sales Stats
Calgary MLS® Market Stats for Feb 01 thru Feb 06/07
| Single Family | 2007 | 2006 |
| Average Selling Price | $422,197 | $344,806 |
| Median Selling Price | $395,000 | $311,000 |
| New Listings | 597 | 490 |
| Sales | 494 | 440 |
| Sales to New Listing Ratio | 83% | 90% |
| Sales to Active Listing Ratio | 19% | n/a |
| # of Active SF Listings | 2,584 | |
| Condominium | ||
| Average Selling Price | $298,293 | $218,634 |
| Median Selling Price | $273,000 | $189,900 |
| New Listings | 267 | 207 |
| Sales | 224 | 168 |
| Sales to New Listing Ratio | 84% | 81% |
| Sales to Active Listing Ratio | 26% | n/a |
| # of Active SF Listings | 878 | |
| Combined Residential (SF+Condo) | ||
| Average Selling Price | $380,332 | $309,943 |
| Median Selling Price | $357,200 | $274,500 |
| New Listings | 787 | 733 |
| Sales | 725 | 608 |
| Sales to New Listing Ratio | 92% | 83% |
| Sales to Active Listing Ratio | 21% | n/a |
| # of Active SF Listings | 3,479 |
Discussion: New Calgary listings only slightly outpaced sales, while the current number of active Calgary Listings has decreased due to a high number of expired listings (see Recent Calgary MLS® Stats ). Sales numbers for the period were 19% higher than the same period last year.
The average SF home sale price for Calgary set a new all-time high at $422,197, as did the average condo sale price - $298,293.
There are currently:
- 867 active Northwest Calgary Listings
- 309 active Northeast Calgary Listings
- 1022 active Southwest Calgary Listings
- 350 active Southeast Calgary Listings
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Jim Sparrow is a consistent top-producing Calgary REALTOR® with Keller Williams Platinum Realty specializing in South Calgary estate and luxury homes.Visit our website at Calgary Real Estate or contact me directly at 403.703.2404
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