The recently released Calgary Real Estate Board's (i.e. CREB's) September 2020 Real Estate sales statistics boast positive indicators within the local markets. Sales are up and inventories are down, which in turn is beginning to place upward pressure on pricing. In summary...
Average Sale Price: $393,900 (-1.80% year/year).
Average Sale Price: $272,700 (-7.06% year/year).
CALGARY
DETACHED HOMES:
Average Sale Price: $488,800 (+0.91% year/year).
Total Sales for Month: 1,052 (+28.14% year/year).
Days on Market: 50 (-9.96% year/year).
Month-End Inventory: 3,077 (-17.51% year/year).
Months of supply: 2.92 (-35.62% year/year).
SEMI-DETACHED HOMES:
Average Sale Price: $393,900 (-1.80% year/year).
Total Sales for Month: 152 (+21.60% year/year).
Days on Market: 54 (-15.63% year/year).
Month-End Inventory: 549 (-25.91% year/year).
Months of supply: 3.61 (-39.07% year/year).
ROW TOWN HOMES:
Average Sale Price: $272,700 (-7.06% year/year).
Total Sales for Month: 256 (+47.98% year/year).
Days on Market: 60 (-1.89% year/year).
Month-End Inventory: 956 (-4.11% year/year).
Months of supply: 3.73 (-35.20% year/year).
APARTMENT CONDOMINIUMS:
Average Sale Price: $248,400 (-0.36% year/year).
Total Sales for Month: 242 (-0.82% year/year).
Days on Market: 67 (-4.35% year/year).
Month-End Inventory: 1,643 (+1.36% year/year).
Months of supply: 6.79 (+2.19% year/year).
COCHRANE
Average Sale Price: $409,400 (+0.8% year/year).
Total Sales for Month: 72 (+35.8% year/year).
