Weekly Calgary Real Estate Update for February 25, 2019

Weekly Calgary Real Estate Update for February 25, 2019

Weekly Calgary Real Estate Update

6546 homes for sale in metro Calgary (up 133)

1027 homes sold in the last 30 days (up 23)

6.37 months worth of inventory (down 0.02)

15.69% of the homes statistically to sell in the next 30 days (up 0.03%)

Market Conditions: Buyers

Average List Price: $491,335 (up $14,540)

Average Sale Price: $473,177 (up $15,064)

Average days on market: 66 (same)

Average list to sale price ratio : 96.32% (up 0.12%)

*Numbers in the brackets are a comparison from last week’s stats. Ideally, we want the number of homes selling in the last 30 days to increase weekly, the months of inventory to decrease (meaning demand is matching inventory) and the % of homes to sell in the next 30 days to increase.