Homes
for sale in Calgary in May 2014
· Houses for sale in Calgary were 15% higher over the
period or year by year
·
Listing inventory for Calgary homes is now 12%
lower than last year
·
Listing inventory for Calgary homes is now 1.4
months vs. 1.9 months last year
·
The median sale price of homes in the city
increased 9% while the average sale price rose 6%
·
Days on market for homes was 26 days vs. 30 days
in comparison to last year
Condos
for Sales in Calgary in May 2014
·
Condo sales in Calgary were 19% higher over the
period or year by year
Listing inventory for Calgary condos is now 10%
higher than last year
Listing inventory for Calgary condos is now 1.7
months vs. 2.0 months last year
·
The median sale price of condos increased 9%
while the average sale price rose 4%
·
Days on market for Calgary condos was 31 days
vs. 34 days in comparison to last year
In
Calgary, there were 2,948 MLS sales, up 16.29% from 2013 while the median price
increased by 7.14% to $435,000 and the average sale price was up by 5.44% to
$486,531.The Calgary real estate market keeps on to set new records. The city has
been ranked the fifth best city to live in the world many years in a row.
Because of the demand as well as the low inventory, people who are interested
in buying a house needs to be ready to make a fast decision as many homes are getting
several offers that are more than the asking price.
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