Calgary Real Estate Statistics

This daily updated page contains some of the most comprehensive real estate statistics for Calgary, providing you with a transparent view of the housing market. 

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Daily: Calgary Real Estate MLS® Statistics (Single Family Homes & Condos)

Month-end Statistics: (Average / Median Prices / Total Sold Stats, etc)

Month-end: Million Dollar Plus Sales Stats

Month-end: Price / ft², Average ft² Sales Stats

Calgary Inventory By Price Range  (links to Bob Truman, First Place Realty)

Calgary Absorption Rate By Price Range (links to Bob Truman, First Place Realty

Legend: LP = List Price, SP = Sale Price, DOM = Days On Market, SFH = Single Family Home, Vacant/New Construction number is included in the Total Active Listings. 
*Foreclosure / Judicial Sale number is approximate, and only includes those listed on MLS®
 

Legend: LP = List Price, SP = Sale Price, DOM = Days On Market, SFH = Single Family Home, Vacant/New Construction number is included in the Total Active Listings.*Foreclosure / Judicial Sale number is approximate, and only includes those listed on MLS®

Calgary Real Estate Stats: Month-end Statistics
Buyers Guide: Understanding the Median Price Statistic

Vacant/New Construction stats are unofficial, counted on last day of the month.  Stat may vary from other sources as it’s dependent on when the count was precisely taken.  The Vacant/New Construction number is INCLUDED in the Month-end Inventory amount.

Read the blogpost: http://calgaryrealestatereview.com/2010/03/09/calgary-million-dollar-sales-statistics/

There are two ways to calculate average price / sq foot.

Simple Calculation Method: Take the total sq feet sold and divide by the total average price

Correct Calculation Method: Take the average price / sq foot of each home individually, and then take the average of all those numbers.

Example:

2 homes sell.
Home #1: 1000 sq feet, price: $300,000
Home #2: 1500 sq feet, price $350,000

Using the simple calculation we would get: $260/ sq ft ($650,000/2500 sqft)

However, if we were to calculate it correctly:

Home #1: $300/sq foot ($300k/1000 sq ft)
Home #2: $233/sq foot ($350k/1500 sq ft)
Average Price / Sq ft = $266.50  (($300 $233)/2)

Same numbers, different calculation methods, different results.

So the numbers recorded in the daily stats is the Price/Sq ft calculated using the second, Correct Calculation method.   In the month-end stats, the numbers in the brackets are the numbers using the second Correct Calculation method.

NOTE: Only the above grade square footage is included for the calculation of the Price Per Square Foot stat.  Two homes might have the exact same above grade square footage, but one might have a developed basement.  The one with the developed basement will probably sell for a premium, and will have a higher $ / sq ft amount, even though the above grade square footage is the same.  So the square footage stat assumes that the same mix of homes (developed, undeveloped basements, etc) is represented throughout each month to give us a rough estimate of what the trend is.

Calgary Real Estate Monthly MLS ® Statistics

Please contact me if you’d like any of the past Calgary MLS ® Monthly Statistics not currently available on CREB. Thanks!