Calgary Real Estate Market Statistics:
Are you looking to invest in Calgary real estate? It's important that buyers and sellers be familiar with all aspects of the real estate market, and as real estate professionals, it is our job to provide you with this information.
The following table provides an overview of Calgary home sales during a one year period. These figures compare the average selling price of residential property in May 2004 with May 2005. For Calgary home listings available to purchase, select My Properties or the MLS Access tab on the menu bar.
|
Category
|
Year
|
Average Selling Price
|
Year
|
Average Selling Price
|
Percentage Change
|
|
Average Comb.
Residential
|
2005
|
$249,522
|
2004
|
$218,612
|
14.14%
|
|
Single Family
|
2005
|
$277,658
|
2004
|
$239,572
|
15.89%
|
|
Condominium
|
2005
|
$181,379
|
2004
|
$164,503
|
10.25%
|
|
Mobile Home
|
2005
|
$35,831
|
2004
|
$48,313
|
-26.00%
|
(Source: Calgary
Real Estate Board's Residential Statistics)
Graph One shows average residential
property sale prices from May 2004 to May 2005:
Graph Two shows average residential
property sale prices over a thirteen year period, from 1992 to 2004.
Graphs One and
Two can be found with original analysis on the Calgary Real Estate Board's web
site at www.creb.com.
If you have any
questions about buying and selling real estate in the Calgary area, Contact
Us - we would be happy to help. If you would like to view Len's
featured Calgary real estate listings then select My Properties
or Recent Properties on the menu bar.
Len T. Wong and Associates has the experience you need to help you make the right
decision. We look forward to working with you! |
