CREB has just released the 2nd quarter statistics for the Calgary housing re-sales market. Overall, the Calgary real estate market is performing exceptionally well as its pacing Canada in activity and in sales prices!

The Calgary housing market is being paced by luxury homes sales which is now higher at this point in the year than it was in the entirety of 2012. July set a record as it was the first month that Calgary has experienced 4 homes selling in the same month for over $4 million each. These home sales are being attributed to Calgary luxury homeowners being forced back in to the real estate market by the Calgary flood crisis.

NW Calgary

In terms of Calgary housing region specific statistics, NW Calgary outpaced the rest of the city in the 2nd quarter of the year, which is from April to the end of June. Zone A is the area that covers the NW region of the city and over this period of time there were 1, 8333  single family home sales with an avg. price of $522, 242 which is up substantially from the 1st quarter of the year which saw 1,325 home sales with an avg. price of $501, 672. The community in NW Calgary with the most sales over this period of time was Tuscany.

SW Calgary

Ranking in behind zone A for the second most single family home sales in the past quarter was Zone C, which covers the SW region of Calgary. SW Calgary totalled 1, 432 home sales with an avg. price of $658, 742. This avg. sales price was the highest in Calgary for the 2nd quarter. The community with the largest number of home sales over this period of time in SW Calgary was Evergreen.

SE Calgary

The SE Calgary region, which is considered Zone D, finished the quarter with the third most sales with 1, 034. The avg. sales price for a home over this time period was $460, 789. The community with the most sales in SE Calgary  was Mckenzie Towne.

NE Calgary

NE Calgary, which is considered Zone B, finished the quarter with the lowest amount of single family home sales in Calgary with 720. The avg. home sales price in this region was $326, 029, much lower than all the other regions in the city. The community with the most sales in this region of Calgary was Temple.

For a full PDF of Calgary second quarter home sales statistics courtesy of Calgary Herald and CREB, please Click Here

If you are interested in buying or selling a Calgary property, please Contact a Home Sweet Home Team Real Estate Associate. We would be more than happy to help you find your dream Calgary property or provide you with a free market evaluation of your home.