January 19 19
MONTHLY STATISTICS PACKAGE New year kicks off with slow sales 19, February 1, 19 As economic challenges linger into 19, housing markets remain on a sluggish pace. January sales totalled 8 units, 1 per cent below last year and 1 per cent below longterm averages for the month. The slow start to the year does not come as a surprise, as concerns about job losses and the state of the energy sector weigh on consumers. We anticipate that the slow market conditions will persist throughout much of the first quarter, said CREB chief economist AnnMarie Lurie. The number of new listings entering the market remained comparable to last year, but those levels far surpassed sales activity. This is resulted in further gains in inventory levels. Elevated inventories relative to sales caused months of supply to rise to nearly seven months. Persistent buyers market conditions have continued to impact prices. Citywide residential benchmark prices eased to $1,8 in January. This is nearly one per cent lower than December figures and four per cent below January 18 levels. HOUSING MARKET FACTS Detached Detached sales eased by 1 per cent compared to last year. However, declines did not occur across all districts, as sales activity improved in both the North West and North East districts. The most significant sales declines occurred in the North and West districts of the city. New listing rose across all districts except the North East, North and South East districts. Only the North East district recorded easing months of supply compared to last year. Detached benchmark prices totalled $,, a one per cent decline compared to December and over four per cent lower than last January. Prices eased across all districts. The largest yearoveryear declines occurred in the South, North West and City Centre districts. Apartment Apartment sales totalled 1 units in January. This is 13 per cent below last year and over per cent below longterm averages for the month. Slower sales and lower new listings helped inventory levels ease. Currently, there are 1,13 units in inventory, which is nine per cent lower than January 18 levels. Despite some adjustments in inventory, months of supply remained elevated at nine months, impacting prices. While prices remained relatively flat compared to last month, they declined by two per cent compared to levels from last January. Prices remain well below previous highs, but there were some price improvements compared to last year in both the North East and South East districts. Attached Sales declined for both row and semidetached product types. New listings rose, causing inventories to rise for both product types. With the attached sector firmly reflecting buyers market conditions, prices eased by over four per cent for a January benchmark price of $313,. Semidetached prices eased by nearly five per cent compared to last year for a total of $393,1. The steepest declines occurred in the City Centre and South districts, with adjustments of over six per cent. Row prices declined by four per cent compared to last year for a total of $8,3. All districts recorded price declines, but the most notable decline occurred in the City Centre, where prices were nearly eight per cent lower than last year. MONTHS OF SUPPLY AND PRICE CHANGES 9 DETACHED 8 3 3 1 8 9 1 11 1 13 1 1 1 1 18 19 Months of Supply Trended Y/Y Benchmark Price Change CREB Monthly Statistics
Summary Stats DETACHED Jan18 Jan19 Y/Y % Change 19 18 19 % Change Total Sales 8 8 1.8% 8 8 1.8% Total Sales Volume $318,9,33 $3,38,3.9% $318,9,33 $3,38,3.9% New Listings 1,88 1,31.% 1,88 1,31.% Inventory,,83 8.8%, #N/A #N/A Months of Supply 3..83.9% 3. #N/A #N/A Sales to New Listings Ratio.3% 3.1% 9.3%.3% 3.1% 9.3% Sales to List Price Ratio 9.19% 9.3% 1.1% 9.19% 9.3% 1.1% Days on Market.31%. Benchmark Price $98, $,.% $98, $,.% Median Price $, $3,9.3% $, $3,.% Average Price $,11 $1,33.% $,11 $1,33.% Index 19.% #N/A #N/A APARTMENT Total Sales 1 1 13. 1 1 13. Total Sales Volume $3,3, $3,8,1 19.% $3,3, $3,8,1 19.% New Listings 88 1 1.% 88 1 1.% Inventory 1,9 1,13 9. 1,9 #N/A #N/A Months of Supply 8.9 9.31.% 8.9 #N/A #N/A Sales to New Listings Ratio.%.%.%.%.%.% Sales to List Price Ratio 9.3% 9.% 1.9% 9.3% 9.% 1.9% Days on Market 81.8 81.8% Benchmark Price $, $1,3 1.99% $, $1,3 1.99% Median Price $, $, 1.98% $, $, 1.98% Average Price $98,9 $,3.% $98,9 $,3.% Index 1 1 1.98% 1 #N/A #N/A ATTACHED Total Sales 3 19 1.% 3 19 1.% Total Sales Volume $8,91,9 $,, 1. $8,91,9 $,, 1. New Listings 8 98.3% 8 98.3% Inventory 1,1 1,.8% 1,1 #N/A #N/A Months of Supply...1%. #N/A #N/A Sales to New Listings Ratio 39.%.1% 1.1% 39.%.1% 1.1% Sales to List Price Ratio 9.9% 9.93% 1. 9.9% 9.93% 1. Days on Market 1. 1.% Benchmark Price $38, $313,.8% $38, $313,.8% Median Price $3,8 $3,. $3,8 $3,. Average Price $3,3 $388,3.9% $3,3 $388,3.9% Index 19 18.8% 19 #N/A #N/A CITY OF CALGARY Total Sales 99 8 1.1% 99 8 1.1% Total Sales Volume $8,833,83 $3,,3 19.1% $8,833,83 $3,,3 19.1% New Listings,,.8%,,.8% Inventory,,3 1.9%, #N/A #N/A Months of Supply.8.81.9%.8 #N/A #N/A Sales to New Listings Ratio 39. 31.%.8% 39. 31.%.8% Sales to List Price Ratio 9. 9.88% 1.19% 9. 9.88% 1.19% Days on Market 1 18.8% 1 18.33% Benchmark Price $3, $1,8. $3, $1,8. Median Price $1, $391,. $1, $391,.8% Average Price $8,3 $1,1 3.9% $8,3 $1,1 3.9% Index 199 191. 199 #N/A #N/A For a list of definitions, see page. CREB Monthly Statistics 3
Summary Stats 19 CITY OF CALGARY SEMIDETACHED Jan18 Jan19 Y/Y % Change 18 19 % Change Total Sales 99 8 1.1% 99 8 1.1% Total Sales Volume $,9,891 $,9,89.% $,9,891 $,9,89.% Share of Sales with Condo Title 1.1% 1.%.8% 1.1% #N/A #N/A New Listings 3 311 3.91% 3 311 3.91% Inventory 9.19% #N/A #N/A Months of Supply.. 9.. #N/A #N/A Sales to New Listings Ratio.31%.33% 1.98%.31%.33% 1.98% Sales to List Price Ratio 9.3% 9.3% 1.99% 9.3% 9.3% 1.99% Days on Market 8 9.% 8 9.8% Benchmark Price $1, $393,1. $1, $393,1. Median Price $3, $39,.91% $3, $39,.91% Average Price $,1 $9,1 8.1% $,1 $9,1 8.1% Index 9 199. 9 #N/A #N/A CITY OF CALGARY ROW Total Sales 131 1 18.3% 131 1 18.3% Total Sales Volume $1,1,81 $3,3,393 1.% $1,1,81 $3,3,393 1.% Share of Sales with Condo Title 91. 91.9%.1% 91. #N/A #N/A New Listings 3 38 11.8% 3 38 11.8% Inventory 3 81 1.% 3 #N/A #N/A Months of Supply.3..8%.3 #N/A #N/A Sales to New Listings Ratio 3.8%.% 1.1% 3.8%.% 1.1% Sales to List Price Ratio 9.% 9.8%.13% 9.% 9.8%.13% Days on Market 9 8 3.% 9 8 3.19% Benchmark Price $9, $8,3.18% $9, $8,3.18% Median Price $9, $8,.8% $9, $8,.8% Average Price $31,1 $3, 3.9% $31,1 $3, 3.9% Index 18 18. 18 #N/A #N/A CITY OF CALGARY ATTACHED Total Sales 3 19 1.% 3 19 1.% Total Sales Volume $8,91,9 $,, 1. $8,91,9 $,, 1. Share of Sales with Condo Title 9.% 8.8% 1.19% 9.% #N/A #N/A New Listings 8 98.3% 8 98.3% Inventory 1,1 1,.8% 1,1 #N/A #N/A Months of Supply...1%. #N/A #N/A Sales to New Listings Ratio 39.%.1% 1.1% 39.%.1% 1.1% Sales to List Price Ratio 9.9% 9.93% 1. 9.9% 9.93% 1. Days on Market 1. 1.% Benchmark Price $38, $313,.8% $38, $313,.8% Median Price $3,8 $3,. $3,8 $3,. Average Price $3,3 $388,3.9% $3,3 $388,3.9% Index 19 18.8% 19 #N/A #N/A For a list of definitions, see page. CREB Monthly Statistics
Calgary Districts Yearoveryear benchmark price change Monthovermonth benchmark price change January 19 Sales New Listings Sales to New Listings Ratio Inventory Months of Supply Benchmark Price Detached City Centre 18 9.% 39 8.13 $,1..9% North East 13 3.33% 3. $33, 3.8% 1.1% North 18 3.% 3. $1,.%.88% North West 8 19.1% 388. $,.19% 1.1% West 1 19 1.13% 31 8.3 $9,.3% 1. South 93 91 31.9%. $,.39%.% South East 1 3.93% 3.8 $8,8 3.%.9% East 1.3%. $3,.3.% TOTAL CITY 8 1,31 3.1%,83.83 $,.% 1. Apartment City Centre 9.3% 8 9.93 $9, 1.9%.% North East 9 18. 39.33 $9,9.9%. North 8. 9.1 $,9.1%.3% North West 3 13.1% 98 19. $31,.3 1.99% West 19.3% 18. $8,.%.% South 19 3.3% 11. $18,1 3..9% South East 13.33% 9 1. $3, 1.1%.9% East 8.% 1 1. $189,.3%. TOTAL CITY 1 1.% 1,13 9.31 $1,3 1.99%.8% Semidetached City Centre 1 1.31% 8 1.9 $1,.3% 1.% North East 3 18.9% 8.1 $8,8.3%.% North 3. 8.33 $3,.%.3% North West 1 3 33.33% 3.3 $3,.9% 1.1% West 8. 8. $88,.% 1.1% South 11 33 33.33%. $311,..3% South East 1 3.1% 3. $33, 3.% 1.% East 18 33.33% 3. $8, 3.3% 1.11% TOTAL CITY 8 311.33% 9. $393,1. 1.11% Row City Centre 1 19.% 19 1. $3,3.8%.9% North East 13 39 33.33% 1.9 $19,.1%.% North 1.% 13 8. $8,.%. North West 8 3.% 9. $9,.3% 1.9% West 11 1.8% 1 1.91 $3,.3%.83% South 9 3.8% 119.1 $3, 3.9 3.9% South East 13 8.% 1.8 $83, 3..93% East 3.. $1, 9.8%.% TOTAL CITY 1 38.% 81. $8,3.18% 1.% *Total city figures can include activity from areas not yet represented by a community / district 19 CREB Monthly Statistics
District Trends 19 TOTAL SALES, JANUARY, 1, 1, ' ' ' '8 '9 '1 '11 City Centre South East South West North West North North East East '1 '13 '1 '1 '1 '1 '19 TOTAL INVENTORY JANUARY,,,, 3,, 1, ' ' ' '8 '9 '1 '11 '1 '13 '1 '1 City Centre South East South West North West North North East East '1 '1 '19 MONTHS OF SUPPLY JANUARY.. 1. 1.. Detached Apartment Semi Detached Row City Centre South East South West North West North North East East Calgary CREB Monthly Statistics
Price Comparisons 19 BENCHMARK PRICE JANUARY 8,,,,, 3,, 1, Detached Apartment Semi Detached Row Total Residential City Centre North East North North West West South South East East Calgary YEAR OVER YEAR PRICE GROWTH COMPARISON JANUARY % % % % % 8% Detached Apartment Semi Detached Row Total Residential City Centre North East North North West West South South East East Calgary TYPICAL HOME ATTRIBUTES DETACHED HOMES City Centre North East North North West West South South East East City of Calgary Gross Living Area (Above Ground) 1,33 1,1 1,338 1,1 1,3 1,3 1,8 1,91 1,31 Lot Size,8,,39,38,,,3,8,98 Above Ground Bedrooms 3 3 3 3 3 3 3 3 Year Built 191 198 199 199 199 1983 1999 19 1991 Full Bathrooms Half Bathrooms 1 1 1 1 1 1 1 CREB Monthly Statistics
District Graphs TOTAL INVENTORY BY PRICE RANGE JANUARY 1, 1, 1, TOTAL SALES BY PRICE RANGE JANUARY 19 8 1 1 <$, $, $99,999 $3, $399,999 $, $99,999 $, $99,999 $, $99,999 $, 999,999 $1,,+ City Centre North East North North West West South South East East <$, $, $99,999 $3, $399,999 $, $99,999 $, $99,999 $, $99,999 $, 999,999 $1,,+ City Centre North East North North West West South South East East SALES BY PROPERTY TYPE JANUARY 18 SHARE OF CITY WIDE SALES JANUARY 1 1 1 1 1 8 1 9 11 8 19 9 13 1 13 1 9 1 11 19 93 8 1 1 City Centre North East North North West West South South East East 1 8 1% 31% % 13% 1% % 1% % 1% 8% 1% 8% 1% 1% % % % % 1% % 1% 13% 1% 19% 11% 13% 8% % City Centre North East North North West West South South East East Detached Apartment Semi Detached Row Detached Apartment Semi Detached Row CREB Monthly Statistics 8
Total Residential 19 Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. 18 1/1/18 /1/18 3/1/18 /1/18 /1/18 /1/18 /1/18 8/1/18 9/1/18 1/1/18 11/1/18 1/1/18 Sales 99 1,89 1,39 1,1 1, 1,89 1, 1,91 1,8 1,3 1,13 9 New Listings,, 3, 3,,3 3,89,9 3, 3,8,38 1,91 1,3 Inventory,,,388,333 8, 8,89 8,3 8,139,91,339,3,91 Days on Market 1 1 3 9 Benchmark Price 3, 3, 3, 3, 3, 3, 3, 3, 8,,3, 18, Median Price 1,, 39, 3, 8, 3, 3,, 1, 1, 39, 1, Average Price 8,3 93,8 9,3 8,11 9, 9,3 9, 83,,9 8, 3,3 8,8 Index 199 1 1 1 199 19 19 19 193 19 1/1/19 /1/19 3/1/19 /1/19 /1/19 /1/19 /1/19 8/1/19 9/1/19 1/1/19 11/1/19 1/1/19 Sales 8 New Listings, Inventory,3 Days on Market Benchmark Price 1,8 Median Price 391, Average Price 1,1 Index 191 Jan18 Jan19 18 19 CALGARY TOTAL SALES 1/1/18 1/1/19 1/1/18 1/1/19 >$1, 1 1 $1, $199,999 $, $99,999 13 1 13 1 $3, $ 39,999 13 9 13 9 $3, $399,999 1 1 1 1 $, $9,999 13 8 13 8 $, $99,999 8 8 $, $9,999 $, $99,999 3 3 3 3 $, $9,999 3 9 3 9 $, $99,999 $, $99,999 3 33 3 33 $8, $899,999 1 1 1 1 $9, $999,999 1 9 1 9 $1,, $1,9,999 1 11 1 11 $1,, $1,99,999 1 1 $1,, $1,9,999 $1,, $1,999,999 $,, $,99,999 1 1 $,, $,999,999 $3,, $3,99,999 1 1 1 1 $3,, $3,999,999 1 1 $,, + 99 8 99 8 CITY OF CALGARY TOTAL SALES BY PRICE RANGE 1 1 <$, $, $99,999 $3, $399,999 $, $99,999 $, $99,999 1 1 18 19 $, $99,999 19 $, 999,999 $1,,+ CREB Monthly Statistics 9
CITY OF CALGARY TOTAL SALES 1, 1, 1, 1, 8 19 Total Residential 19 CITY OF CALGARY TOTAL NEW LISTINGS 19 3, 3,,, 1, 1, 9 1 11 1 13 1 1 1 1 18 19 9 1 11 1 13 1 1 1 1 18 19 Detached Apartment Semi Detached Row 1 Year Average Detached Apartment Semi Detached Row 1 Year Average CITY OF CALGARY TOTAL INVENTORY AND SALES 1, 9, 8,,,, 3, 3,, CITY OF CALGARY TOTAL MONTHS OF INVENTORY 8,, 3,, 1, Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Inventory Sales Benchmark Price Dec. '19, 1, 1,,, 3 1 1 1 1 1 18 19 Months of Supply Trended 1 month moving average inventory CITY OF CALGARY TOTAL PRICE CHANGE 1% % % 1 1 1 1 18 19 Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change CITY OF CALGARY TOTAL PRICES,, 8,,,,, 38, 3, 3, 3, 1 1 1 1 18 19 Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 1
Detached 19 Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. 18 1/1/18 /1/18 3/1/18 /1/18 /1/18 /1/18 /1/18 8/1/18 9/1/18 1/1/18 11/1/18 1/1/18 Sales 8 3 8 9 1,9 1,9 98 98 88 89 8 9 New Listings 1,88 1,9 1,8,,1,3 1,3 1,8 1,8 1,389 1,88 Inventory,,8 3,8 3,1,,81,93,,3 3,98 3,8,98 Days on Market 3 1 1 9 1 Benchmark Price 98,,1,8 3,8 3,,1, 9, 93,1 9, 8, 81, Median Price, 9, 9, 9,, 9, 8, 8,,,,, Average Price,11,39 8, 8,8,3 3,9, 3, 39, 3, 3,883 11,11 Index 3 1 198 19 1/1/19 /1/19 3/1/19 /1/19 /1/19 /1/19 /1/19 8/1/19 9/1/19 1/1/19 11/1/19 1/1/19 Sales 8 New Listings 1,31 Inventory,83 Days on Market Benchmark Price, Median Price 3,9 Average Price 1,33 Index 19 Jan18 Jan19 18 19 CALGARY TOTAL SALES 1/1/18 1/1/19 1/1/18 1/1/19 >$1, $1, $199,999 $, $99,999 1 1 1 1 $3, $ 39,999 $3, $399,999 9 19 9 19 $, $9,999 18 3 18 3 $, $99,999 $, $9,999 $, $99,999 $, $9,999 $, $99,999 19 19 $, $99,999 3 3 $8, $899,999 1 9 1 9 $9, $999,999 9 9 $1,, $1,9,999 1 8 1 8 $1,, $1,99,999 9 9 $1,, $1,9,999 1 1 $1,, $1,999,999 $,, $,99,999 1 1 $,, $,999,999 $3,, $3,99,999 1 1 1 1 $3,, $3,999,999 1 1 $,, + 8 8 8 8 CITY OF CALGARY DETACHED SALES BY PRICE RANGE 1 1 <$, $, $99,999 $3, $399,999 $, $99,999 $, $99,999 1 1 18 19 $, $99,999 19 $, 999,999 $1,,+ CREB Monthly Statistics 11
CITY OF CALGARY DETACHED SALES 19 Detached 19 CITY OF CALGARY DETACHED NEW LISTINGS 19 9, 8 1,8 3 1 1, 1, 1, 1, 8 9 1 11 1 13 1 1 1 1 18 19 9 1 11 1 13 1 1 1 1 18 19 Detached 1 Year Average Detached 1 Year Average CITY OF CALGARY DETACHED INVENTORY AND SALES CITY OF CALGARY DETACHED MONTHS OF INVENTORY,,, 3,, 1, Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Inventory Sales Benchmark Price Dec. '19 1,,, 9, 9, 8, 8,,,,, 3 1 1 1 1 1 18 19 Months of Supply Trended 1 month moving average inventory CITY OF CALGARY DETACHED PRICE CHANGE 1% CITY OF CALGARY DETACHED PRICES, % %,,,, 3, 1 1 1 1 18 19 Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change 3, 1 1 1 1 18 19 Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 1
Apartment 19 Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. 18 1/1/18 /1/18 3/1/18 /1/18 /1/18 /1/18 /1/18 8/1/18 9/1/18 1/1/18 11/1/18 1/1/18 Sales 1 19 19 1 8 9 1 13 1 New Listings 88 1 9 1 3 3 1 Inventory 1,9 1,3 1,9 1,83 1,9 1,8 1,81 1,8 1, 1,8 1,3 1, Days on Market 8 9 9 9 1 9 Benchmark Price,,,,8, 9,3 9,9 8,1,,,8 1, Median Price,,,,,,, 8,,, 1,3, Average Price 98,9 3,9 3, 8,118 89,1 9,3 8,89 9,8 3,9 8,19,89 83,19 Index 1 1 18 18 1 19 18 18 18 18 1 1 19 1/1/19 /1/19 3/1/19 /1/19 /1/19 /1/19 /1/19 8/1/19 9/1/19 1/1/19 11/1/19 1/1/19 Sales 1 New Listings 1 Inventory 1,13 Days on Market 81 Benchmark Price 1,3 Median Price, Average Price,3 Index 1 Jan18 Jan19 18 19 CALGARY TOTAL SALES 1/1/18 1/1/19 1/1/18 1/1/19 >$1, 1 1 $1, $199,999 39 39 $, $99,999 $3, $ 39,999 1 13 1 13 $3, $399,999 8 8 $, $9,999 13 13 $, $99,999 3 3 $, $9,999 $, $99,999 3 1 3 1 $, $9,999 1 1 1 1 $, $99,999 1 1 $, $99,999 1 1 1 1 $8, $899,999 1 1 $9, $999,999 1 1 $1,, $1,9,999 1 1 $1,, $1,99,999 1 1 $1,, $1,9,999 $1,, $1,999,999 $,, $,99,999 $,, $,999,999 $3,, $3,99,999 $3,, $3,999,999 $,, + 1 1 1 1 CITY OF CALGARY APARTMENT SALES BY PRICE RANGE 3 1 <$, $, $99,999 $3, $399,999 $, $99,999 $, $99,999 1 1 18 19 $, $99,999 19 $, 999,999 $1,,+ CREB Monthly Statistics 13
CITY OF CALGARY APARTMENT SALES 3 1 1 19 19 8 3 1 Apartment 19 CITY OF CALGARY APARTMENT NEW LISTINGS 9 1 11 1 13 1 1 1 1 18 19 9 1 11 1 13 1 1 1 1 18 19 Apartment 1 Year Average Apartment 1 Year Average CITY OF CALGARY APARTMENT INVENTORY AND SALES,, CITY OF CALGARY APARTMENT MONTHS OF INVENTORY 1, 1, 1, Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Inventory Sales Benchmark Price Dec. '19, 8,,,,, 8,, 1 8 1 1 1 1 18 19 Months of Supply Trended 1 month moving average inventory CITY OF CALGARY APARTMENT PRICE CHANGE 1% % % 1% % 1 1 1 1 18 19 Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change CITY OF CALGARY APARTMENT PRICES 3, 3, 3, 3, 8,,,,, 1 1 1 1 18 19 Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 1
SemiDetached 19 Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. 18 1/1/18 /1/18 3/1/18 /1/18 /1/18 /1/18 /1/18 8/1/18 9/1/18 1/1/18 11/1/18 1/1/18 Sales 99 1 13 1 1 18 1 1 1 1 18 88 New Listings 3 38 38 1 1 99 3 3 9 111 Inventory 33 81 918 9 89 8 81 3 Days on Market 8 8 8 9 Benchmark Price 1, 1, 1,3 1, 1, 1, 1,3 11,3, 3,, 39, Median Price 3,,81, 1,,8, 39, 13, 3, 39, 3, 3, Average Price,1 9,1 1,8,8 8, 9,19 91,38 8,91,913, 3,9,13 Index 9 1 1 11 1 1 1 8 3 1 19 1/1/19 /1/19 3/1/19 /1/19 /1/19 /1/19 /1/19 8/1/19 9/1/19 1/1/19 11/1/19 1/1/19 Sales 8 New Listings 311 Inventory 9 Days on Market 8 Benchmark Price 393,1 Median Price 39, Average Price 9,1 Index 199 Jan18 Jan19 18 19 CALGARY TOTAL SALES 1/1/18 1/1/19 1/1/18 1/1/19 >$1, $1, $199,999 1 3 1 3 $, $99,999 1 13 1 13 $3, $ 39,999 3 13 3 13 $3, $399,999 13 1 13 1 $, $9,999 1 1 $, $99,999 $, $9,999 1 1 $, $99,999 3 3 $, $9,999 $, $99,999 1 1 $, $99,999 1 1 1 1 $8, $899,999 $9, $999,999 1 1 $1,, $1,9,999 3 3 $1,, $1,99,999 1 1 $1,, $1,9,999 1 1 $1,, $1,999,999 $,, $,99,999 $,, $,999,999 $3,, $3,99,999 $3,, $3,999,999 $,, + 99 8 99 8 CITY OF CALGARY SEMIDETACHED SALES BY PRICE RANGE 3 3 1 1 <$, $, $99,999 $3, $399,999 $, $99,999 $, $99,999 1 1 18 19 $, $99,999 19 $, 999,999 $1,,+ CREB Monthly Statistics 1
CITY OF CALGARY SEMIDET. SALES 1 1 1 8 19 SemiDetached 19 CITY OF CALGARY SEMIDET. NEW LISTINGS 19 3 3 1 1 9 1 11 1 13 1 1 1 1 18 19 9 1 11 1 13 1 1 1 1 18 19 Semi Detached 1 Year Average Semi Detached 1 Year Average CITY OF CALGARY SEMIDET. INVENTORY AND SALES CITY OF CALGARY SEMIDET. MONTHS OF INVENTORY 1, 9 8 3 1 Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Inventory Sales Benchmark Price Dec. '19, 1, 1,,, 39, 39, 38, 38, 9 8 3 1 1 1 1 1 18 19 Months of Supply Trended 1 month moving average inventory CITY OF CALGARY SEMIDET. PRICE CHANGE % 1% % % 1% 1 1 1 1 18 19 Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change CITY OF CALGARY SEMIDET. PRICES,,,,,, 3, 3,, 1 1 1 1 18 19 Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 1
Row 19 Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. 18 1/1/18 /1/18 3/1/18 /1/18 /1/18 /1/18 /1/18 8/1/18 9/1/18 1/1/18 11/1/18 1/1/18 Sales 131 133 13 19 8 1 1 19 1 13 1 1 New Listings 3 318 8 13 9 39 3 1 9 1 Inventory 3 9 91 1,3 1,18 1,18 1,199 1,13 1,13 1,8 99 1 Days on Market 9 1 9 1 Benchmark Price 9, 9, 9,9 3,3 33, 3, 3, 9, 9, 93, 9,9 88, Median Price 9, 3, 3, 38,9 38, 9, 9, 3, 99, 89,9 89, 9, Average Price 31,1 33,3 38,8 33, 33,98 31,8 3,93 33,8 33,39 38,89 3,81 38,39 Index 18 18 18 188 19 189 188 18 18 18 183 181 19 1/1/19 /1/19 3/1/19 /1/19 /1/19 /1/19 /1/19 8/1/19 9/1/19 1/1/19 11/1/19 1/1/19 Sales 1 New Listings 38 Inventory 81 Days on Market 8 Benchmark Price 8,3 Median Price 8, Average Price 3, Index 18 Jan18 Jan19 18 19 CALGARY TOTAL SALES 1/1/18 1/1/19 1/1/18 1/1/19 >$1, $1, $199,999 1 1 1 1 $, $99,999 $3, $ 39,999 3 3 3 3 $3, $399,999 1 1 $, $9,999 1 3 1 3 $, $99,999 1 1 $, $9,999 1 1 $, $99,999 1 1 $, $9,999 $, $99,999 1 1 $, $99,999 $8, $899,999 $9, $999,999 1 1 $1,, $1,9,999 $1,, $1,99,999 $1,, $1,9,999 $1,, $1,999,999 $,, $,99,999 $,, $,999,999 $3,, $3,99,999 $3,, $3,999,999 $,, + 131 1 131 1 CITY OF CALGARY ROW SALES BY PRICE RANGE 3 1 <$, $, $99,999 $3, $399,999 $, $99,999 $, $99,999 1 1 18 19 $, $99,999 19 $, 999,999 $1,,+ CREB Monthly Statistics 1
CITY OF CALGARY ROW SALES 19 19 Row 19 CITY OF CALGARY ROW NEW LISTINGS 18 1 1 1 1 8 3 3 1 1 9 1 11 1 13 1 1 1 1 18 19 9 1 11 1 13 1 1 1 1 18 19 Row 1 Year Average Row 1 Year Average CITY OF CALGARY ROW INVENTORY AND SALES 1, 1, 1, 8 3, 3, 9, 9, 8, CITY OF CALGARY ROW MONTHS OF INVENTORY 9 8 Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Inventory Sales Benchmark Price Dec. '19 8,,, 3 1 1 1 1 1 18 19 Months of Supply Trended 1 month moving average inventory CITY OF CALGARY ROW PRICE CHANGE 1% % % 1% 1 1 1 1 18 19 Average Price Y/Y% Change Median Price Y/Y% Change Benchmark Y/Y% Change CITY OF CALGARY ROW PRICES, 38, 3, 3, 3, 3, 8,,,,, 1 1 1 1 18 19 Average Price Median Price Benchmark Price CREB Calgary Regional Housing Market Statistics 18
19 CITY CENTRE CITY CENTCITY CENTCITY CENTCITY CENTCITY CENTCITY CENTRE PRICES CITY CENTRE TOTAL SALES 19 3 3 CITY CENTRE TOTAL SALES BY PRICE RANGE 19 3 1 1 3 1 1 9 1 11 1 13 1 1 1 1 18 19 Detached Apartment Semi Detached Row 1 Year Average 1 1 18 19 CITY CENTRE INVENTORY AND SALES CITY CENTRE MONTHS OF INVENTORY,, 1, 1, Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Inventory Sales Benchmark Price Dec. '19 1, 1,,, 9, 9, 8, 8,,, 1 1 1 8 1 1 1 1 18 19 Months of Supply Trended 1month moving average CITY CENTRE PRICE CHANGE 1% % % 1 1 1 1 18 19 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change CITY CENTRE PRICES 9, 8,,,,, 3,, 1, 1 1 1 1 18 19 Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 19
NORTHEAST NORTHEANORTHEANORTHEANORTHEANORTHEANORTHEAST PRICES NORTHEAST TOTAL SALES 19 1 NORTHEAST TOTAL SALES BY PRICE RANGE. 19 1 1 8 3 1 9 1 11 1 13 1 1 1 1 18 19 Detached Apartment Semi Detached Row 1 Year Average 1 1 18 19 NORTHEAST INVENTORY AND SALES NORTHEAST MONTHS OF INVENTORY 9 8 3 1 Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Inventory Sales Benchmark Price Dec. '19 3, 3, 3, 33, 33, 3, 3 1 1 1 1 1 18 19 Months of Supply Trended 1month moving average NORTHEAST PRICE CHANGE 3 % 1% % % 1% 1 1 1 1 18 19 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change NORTHEAST PRICES,, 3, 3,,, 1, 1, 1 1 1 1 18 19 Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics
NORTH NORTH TONORTH TONORTH INNORTH MNORTH P NORTH PRICES NORTH TOTAL SALES 18 1 1 1 1 8 19 3 3 1 1 NORTH TOTAL SALES BY PRICE RANGE 19 19 9 1 11 1 13 1 1 1 1 18 19 Detached Apartment Semi Detached Row 1 Year Average 1 1 18 19 NORTH INVENTORY AND SALES NORTH MONTHS OF INVENTORY 1, 1, 8 Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Inventory Sales Benchmark Price Dec. '19 39, 38, 38, 3, 3, 3, 3, 3 1 1 1 1 1 18 19 Months of Supply Trended 1month moving average NORTH PRICE CHANGE 1% % % 1% 1 1 1 1 18 19 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change NORTH PRICES,,, 3, 3,,, 1, 1, 1 1 1 1 18 19 Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 1
19 NORTHWEST NORTHWNORTHWNORTHWNORTHWNORTHWNORTHWEST PRICES NORTHWEST TOTAL SALES NORTHWEST TOTAL SALES BY PRICE RANGE 19 19 18 1 1 3 1 3 1 8 1 1 9 1 11 1 13 1 1 1 1 18 19 Detached Apartment Semi Detached Row 1 Year Average 1 1 18 19 NORTHWEST INVENTORY AND SALES NORTHWEST MONTHS OF INVENTORY 1, 1, 8 Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Inventory Sales Benchmark Price Dec. '19 8,,,,,,,,, 3, 3, 3 1 1 1 1 1 18 19 Months of Supply Trended 1month moving average NORTHWEST PRICE CHANGE 1% % % 1 1 1 1 18 19 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change NORTHWEST PRICES,,,, 3,, 1, 1 1 1 1 18 19 Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics
WEST WEST TOTWEST TOTWEST INVWEST MOWEST PRIWEST PRICES WEST TOTAL SALES 1 1 1 1 19 3 WEST TOTAL SALES BY PRICE RANGE 19 19 8 1 1 9 1 11 1 13 1 1 1 1 18 19 Detached Apartment Semi Detached Row 1 Year Average 1 1 18 19 WEST INVENTORY AND SALES WEST MONTHS OF INVENTORY 1, 1, 8 Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Inventory Sales Benchmark Price Dec. '19 8,,,,, 3,, 1, 1 9 8 3 1 1 1 1 1 18 19 Months of Supply Trended 1month moving average WEST PRICE CHANGE 1% % % 1% 1 1 1 1 18 19 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change WEST PRICES 8,,,,, 3,, 1, 1 1 1 1 18 19 Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics 3
SOUTH SOUTH TOSOUTH TOSOUTH INSOUTH MSOUTH PRSOUTH PRICES SOUTH TOTAL SALES 19 3 SOUTH TOTAL SALES BY PRICE RANGE 19 19 1 1 3 1 9 1 11 1 13 1 1 1 1 18 19 Detached Apartment Semi Detached Row 1 Year Average 1 1 18 19 SOUTH INVENTORY AND SALES SOUTH MONTHS OF INVENTORY 1, 1, 1, 1, 8 Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Inventory Sales Benchmark Price Dec. '19 1, 1,,, 39, 39, 38, 38, 3, 3, 3, 3 1 1 1 1 1 18 19 Months of Supply Trended 1month moving average SOUTH PRICE CHANGE 1% % % 1% 1 1 1 1 18 19 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change SOUTH PRICES,,,, 3, 3,,, 1, 1, 1 1 1 1 18 19 Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics
SOUTHEAST SOUTHEASOUTHEASOUTHEASOUTHEASOUTHEASOUTHEAST PRICES SOUTHEAST TOTAL SALES SOUTHEAST TOTAL SALES BY PRICE RANGE 19 18 1 1 3 1 3 1 8 1 1 19 19 9 1 11 1 13 1 1 1 1 18 19 Detached Apartment Semi Detached Row 1 Year Average 1 1 18 19 SOUTHEAST INVENTORY AND SALES SOUTHEAST MONTHS OF INVENTORY 1, 1, 8 Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Inventory Sales Benchmark Price Dec. '19 3,,, 1, 1,,, 39, 39, 3 1 1 1 1 1 18 19 Months of Supply Trended 1month moving average SOUTHEAST PRICE CHANGE 1% % % 1 1 1 1 18 19 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change SOUTHEAST PRICES,,, 3, 3,,, 1, 1, 1 1 1 1 18 19 Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics
EAST EAST TOTEAST TOTEAST INV EAST MO EAST PRICEAST PRICES EAST TOTAL SALES 3 1 19 18 1 1 1 1 8 EAST TOTAL SALES BY PRICE RANGE 19 19 9 1 11 1 13 1 1 1 1 18 19 Detached Apartment Semi Detached Row 1 Year Average 1 1 18 19 EAST INVENTORY AND SALES EAST MONTHS OF INVENTORY 1 1 Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Inventory Sales Benchmark Price Dec. '19 3, 3, 98, 9, 9, 9, 9, 88, 8, 8, 8 3 1 1 1 1 1 18 19 Months of Supply Trended 1month moving average EAST PRICE CHANGE % 1% % % 1% 1 1 1 1 18 19 Semi Y/Y%change Row Y/Y% change Apartment Y/Y% change Detached Y/Y% Change Benchmark Price Change EAST PRICES, 3, 3,,, 1, 1, 1 1 1 1 18 19 Detached Price Row Price Apartment Price Semi Price Benchmark Price CREB Calgary Regional Housing Market Statistics
CREB Definitions 19 99 8 DEFINITIONS Benchmark Price Represents the monthly price of the typical home based on its attributes such as size, location and number of bedrooms. MLS Home Price Index Changes in home prices by comparing current price levels relative to January price level. Absorption Rate Refers to the ratio between the amount of sales occurring in the market relative to the amount of inventory. Months of Supply Refers to the ratio between Inventory and sales which represents at the current pace of sales how long it would take to clear existing inventory. Detached A unit that is not attached to any other unit. Semidetached A single dwelling built as one of a pair that share one common wall. Row A single dwelling attached to each other by a common wall with more than two properties in the complex. Attached Both row and semidetached properties. Apartment A unit within a high rise or low rise condominium building with access through an interior hallway. Total Residential Includes detached, attached and apartment style properties. Exclusions Data included in this package do not include activity related to multipleunit sales, rental, land or leased properties. ABOUT CREB CREB is a professional body of more than,1 licensed brokers and registered associates, representing member offices. CREB is dedicated to enhancing the value, integrity and expertise of its REALTOR members. Our REALTORS are committed to a high standard of professional conduct, ongoing education, and a strict Code of Ethics and standards of business practice. Any use or reference to CREB data and statistics must acknowledge CREB as the source. The board does not generate statistics or analysis of any individual member or company s market share. All MLS active listings for Calgary and area may be found on the board s website at ww.creb.com. CREB is a registered trademark of the Calgary Real Estate Board Cooperative. The trademarks MLS and Multiple Listing Service are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR and REALTORS are controlled by CREA and identify real estate professionals who are members of CREA, and subsequently the Alberta Real Estate Association and CREB, used under licence. CREB Monthly Statistics