Calgary & Area Real Estate Statistics:

November 2015

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TABLE OF CONTENTS

3 October Real Estate Summary

4 - 5

City of Calgary Detached Homes Sales Data

6 - 7 City of Calgary Semi-Detached Homes Sales Data

8 - 9

City of Calgary Row Homes Sales Data

10 - 11 City of Calgary Apartment Homes Sales Data

12 – 13

Rural Rockyview Detached Sales Data 14

Message From The Calgary Real Estate Board

15 – 16 Rural Foothills Detached Sales Data

17 – 18

City of Airdrie Detached Sales Data

19 - 20 City of Airdrie Semi-Detached Sales Data

21-22

City of Airdrie Row Sales Data

23 – 24 City of Airdrie Apartment Sales Data

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Housing Market Conditions Favour Buyers

Weak sales activity relative to inventory places downward pressure on prices

“Monthly sales totaled 1,263 units, a 28 per cent decline from last year and nearly 20 per cent below the 10-year average. Meanwhile, the amount of new listings in the market increased by five per cent over last November, and moved five per cent above 10-year average. The combination of both soft sales and elevated listings caused months of supply to rise above four months. It represents the third consecutive month that housing supply in the city has remained near four months, which is an indicator that supports buyers' conditions.” (Source: Calgary Real Estate Board) The combination of both soft sales and elevated listings caused months of supply to rise above four months. It represents the third consecutive month that housing supply in the city has remained near four months, which is an indicator that supports buyers' conditions.   “The housing market is reflecting the realities of the economic conditions,” said CREB® chief economist Ann-Marie Lurie. “Calgary has continued to post job losses in the energy sector, unemployment levels are high, wages are down and recovery expectations have changed. All of these factors have contributed to the weak demand we have seen throughout the year.”   It’s definitely a “Catch 22” kind of market. With the interest rates at historic lows and the decline of market values this is truly a terrific time to buy an investment property, but because of the job losses, there is only a small number of prospective buyers.   For those who are selling, it is vital to know how the market is performing for your specific type of property!   If you are curious about the current market value of your home, or market conditions in general, please feel free to contact us.   Hope this helps!   Susanita de Diego

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City of Calgary Detached Homes Sales Data Yearly – November 2014 – November 2015 The following table shows the City of Calgary Detached Homes Sales Data for each month since November of last year.

Month/Year DetachedSales

PreviousMonthEndInventory+InventoryAdded

DuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2014 1,033 2,205+1,126=3,331 31.01% 38 1.95

December2015 607 2,015+763=2,778 21.85% 41 2.78

January2015 535 1,687+1,843=3,530 15.16% 37 4.68

February2015 739 2,506+1,674=4,180 17.68% 34 3.99

March2015 1,086 2,950+1,774=4,724 22.98% 37 2.78

April2015 1,152 3,016+1,770=4,786 24.07% 38 2.63

May2015 1,368 3,024+1,877=4,901 27.91% 38 2.13

June2015 1,335 2,913+1,831=4,744 28.14% 37 2.07

July2015 1,221 2,760+1,731=4,491 27.19% 37 2.23

August2015 995 2,728+1,644=4,372 22.76% 37 2.80

September2015 901 2,835+1,711=4,606 19.65% 37 3.35

October2015 872 3,036+1,441=4,472 19.50% 38 3.35

November2015 799 2,923+1,185=4,108 19.45% 43 3.35

City of Calgary Detached Homes Sales Data Monthly – November 2011 – November 2015 The following table shows the City of Calgary Detached Homes Sales Data for each month since November of last year.

Month/Year DetachedSales PreviousMonthEndInventory+Inventory

AddedDuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2011 843 3,813+1,131=4,944 17.05% 51 3.81

November2012 881 2,727+987=3,714 23.72% 50 2.60

November2013 1,041 2,246+1,081=3,327 31.29% 39 1.81

November2014 1,033 2,205+1,126=3,331 31.01% 38 1.95

November2015 799 2,923+1,185=4,108 19.45% 43 3.35

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The MLS® Home Price Index (HPI)   The MLS® Home Price Index (HPI) was launched on February 6, 2012 as part of a nationwide rollout involving boards in Canada’s largest cities because average and median price changes can misrepresent changes in market price. We often refer to the median price as being immune from outliers. However, if there have been large movements in either the low end or high end of the price spectrum, the median is unable to reflect the price changes.   The MLS® Home Price Index (HPI) was introduced to provide a better measurement of price and price trends for residential properties. A benchmark home is one that is comprised of a set of specific attributes that is typical for the area where it is located. The City of Calgary Detached Benchmark, Average and Median Prices have shown the following progression:

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City of Calgary Semi-Detached Homes Sales Data Yearly – November 2014 – November 2015 The following table shows the City of Calgary Semi-Detached Homes Sales Data for each month since November of last year.

Month/Year Semi-DetachedSales

PreviousMonthEndInventory+InventoryAdded

DuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2014 159 449+218=667 23.84% 36 2.65

December2015 103 421+131=552 18.66% 46 3.44

January2015 76 354+298=485 15.67% 42 6.12

February2015 97 465+275=740 13.11% 35 5.55

March2015 158 538+307=845 18.70% 41 3.61

April2015 202 570+265=835 24.19% 39 2.48

May2015 192 501+296=797 24.09% 45 2.52

June2015 179 483+294=777 23.04% 43 2.74

July2015 191 490+283=773 24.71% 44 2.58

August2015 138 492+244=736 18.75% 41 3.66

September2015 103 505+269=774 13.31% 40 5.38

October2015 129 556+294=850 15.18% 41 4.56

November2015 108 588+199=787 13.72% 47 5.06

City of Calgary Semi-Detached Homes Sales Data Monthly – November 2011 – November 2015 The following table shows the City of Calgary Semi-Detached Homes Sales Data for each month since November of last year.

Month/Year AMachedSales PreviousMonthEndInventory+Inventory

AddedDuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2011 111 512+142=654 16.97% 56 2.53

November2012 133 396+169=565 23.54% 43 3.12

November2013 163 371+172=543 30.02% 41 1.94

November2014 159 449+218=667 23.84% 36 2.65

November2015 108 588+199=787 13.72 47 5.06

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The following table shows the City of Calgary Semi-Detached Sales Data for each month since October of last year.

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City of Calgary Row Homes Sales Data Yearly – November 2014 – November 2015 The following table shows the City of Calgary Semi-Detached Homes Sales Data for each month since November of last year.

Month/Year RowSales PreviousMonthEndInventory+InventoryAdded

DuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2014 252 512+263=775 32.52% 36 1.74

December2015 144 438+172=610 23.61% 43 2.68

January2015 113 386+389=775 14.58% 41 4.85

February2015 155 548+395=943 16.44% 33 4.35

March2015 236 675+374=1,049 22.50% 38 2.88

April2015 258 679+418=1,097 23.52% 42 2.80

May2015 273 722+379=1,101 24.80% 41 2.46

June2015 269 672+385=1,057 25.45% 44 2.39

July2015 255 644+383=1,072 23.79% 44 2.49

August2015 227 636+332=968 23.45% 46 2.79

September2015 181 633+387=1,020 17.75% 41 3.82

October2015 185 720+368=1,088 17.00% 41 4.03

November2015 161 745+305=1,050 15.33% 50 4.58

City of Calgary Row Homes Sales Data Monthly – November 2011 – November 2015 The following table shows the City of Calgary Row Homes Sales Data for each month since November of last year.

Month/Year AMachedSales PreviousMonthEndInventory+Inventory

AddedDuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2011 135 657+213=870 15.52% 58 4.30

November2012 177 468+176=644 27.48% 50 2.27

November2013 209 373+211=584 35.79% 36 1.53

November2014 252 512+263=775 32.52% 36 1.74

November2015 161 745+305=1,050 15.33% 50 4.58

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The following table shows the City of Calgary Row Sales Data for each month since October of last year.

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City of Calgary Apartment Homes Sales Data Yearly – November 2014 – November 2015 The following table shows the City of Calgary Apartment Homes Sales Data for each month since November of last year.

Month/Year ApartmentSales

PreviousMonthEndInventory+InventoryAdded

DuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2014 327 1,039+478=1,517 21.56% 41 2.95

December2015 223 966+303=1,269 17.57% 46 3.65

January2015 155 815+745=1,560 9.94% 55 7.41

February2015 217 1,148+595=1,743 12.45% 40 6.04

March2015 303 1,134+672=2,006 15.10% 43 4.68

April2015 352 1,419+608=2,027 17.37% 45 3.83

May2015 359 1,348+612=1,960 18.32% 48 3.60

June2015 399 1,293+611=1,904 20.96% 48 3.00

July2015 324 1,196+583=1,779 18.21% 47 3.77

August2015 280 1,223+513=1,736 16.13% 47 4.34

September2015 259 1,227+657=1,884 13.78% 49 4.99

October2015 237 1,294+587=1,881 12.60% 50 5.77

November2015 195 1,367+489=1,856 10.51% 50 6.92

City of Calgary Apartment Homes Sales Data Monthly November 2011 – November 2015 The following table shows the City of Calgary Apartment Homes Sales Data for each month since November of last year.

Month/Year ApartmentSales

PreviousMonthEndInventory+Inventory

AddedDuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2011 243 1,214+343=1,557 15.61% 56 4.40

November2012 259 996+287=1,283 20.19% 59 3.27

November2013 305 685+357=1,042 29.27% 43 2.01

November2014 327 1,039+478=1,517 21.56% 41 2.95

November2015 195 1,367+489=1,856 10.51% 50 6.92

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The City of Calgary Apartment Benchmark, Average and Median Prices have shown the following progression:

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Rural Rockyview Detached Sales Data Yearly – November 2014 – November 2015 The following table shows the Rural Rockyview Detached Sales Data for each month since November of last year.

Month/Year DetachedSales

PreviousMonthEndInventory+InventoryAdded

DuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2014 10 307+49=356 2.81% 116 28.40

December2015 15 284+31=315 4.76% 140 14.67

January2015 19 220+88=308 6.17% 142 13.05

February2015 20 248+76=324 6.17% 74 13.85

March2015 23 277+82=345 6.67% 86 12.87

April2015 28 296+68=364 7.69% 71 10.89

May2015 35 305+87=392 8.93% 78 9.43

June2015 41 330+84=414 9.90% 97 7.93

July2015 29 325+62=387 7.49% 84 10.55

August2015 14 306+68=374 3.74% 73 23.62

September2015 15 314+66=380 3.95% 96 20.27

October2015 22 305+53=358 6.15% 104 13.00

November2015 19 286+40=326 5.83% 106 14.05

Rural Rockyview Detached Sales Data Monthly – November 2011 – November 2015 The following table shows the Rural Rockyview Detached Sales Data for each month since November of last year.

Month/Year DetachedSales PreviousMonthEndInventory+Inventory

AddedDuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2011 29 426+56=482 6.02% 88 12.34

November2012 25 430+45=475 5.26% 120 14.84

November2013 39 369+50=419 9.31% 93 8.28

November2014 10 307+49=356 2.81% 116 28.40

November2015 19 286+40=326 5.83% 106 14.05

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Rural Rockyview Detached Sales Data Benchmark, Average and Median Prices have shown the following progression:

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“The housing market is reflecting the realities of the economic conditions” said CREB® chief economist Ann-Marie Lurie. “Furthermore, price declines have not been as steep as those recorded during the last downturn.”

“”

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Rural Foothills Detached Sales Data Yearly – November 2014 – November 2015 The following table shows the Rural Foothills Detached Sales Data for each month since November of last year.

Month/Year DetachedSales

PreviousMonthEndInventory+InventoryAdded

DuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2014 10 182+19=201 4.98% 103 16.30

December2015 6 163+13=176 3.41% 167 19.83

January2015 8 119+33=152 5.26% 151 15.13

February2015 17 121+39=160 10.63% 139 7.94

March2015 13 135+47=182 7.14% 139 11.69

April2015 15 152+52=204 7.35% 96 11.93

May2015 24 179+63=242 9.92% 102 8.21

June2015 17 197+51=248 6.85% 52 12.41

July2015 16 211+39=250 6.4% 86 13.00

August2015 10 208+39=247 4.05% 56 20.10

September2015 18 204+36=236 7.63% 130 9.89

October2015 15 178+36=214 7.01%% 123 10.47

November2015 14 157+23=180 7.78% 81 9.86

Rural Foothills Detached Sales Data Monthly – November 2011 – November 2015 The following table shows the Rural Foothills Detached Sales Data for each month since November of last year.

Month/Year DetachedSales PreviousMonthEndInventory+Inventory

AddedDuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2011 15 235+35=270 5.56% 111 13.33

November2012 10 224+28=252 3.97% 95 21.00

November2013 18 187+25=212 8.49% 109 8.94

November2014 10 205+20=225 4.44% 103 17.10

November2015 14 157+23=180 7.78% 81 9.86

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Rural Foothills Detached Sales Data Benchmark, Average and Median Prices have shown the following progression:

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City of Airdrie Detached Sales Data Yearly – November 2014 – November 2015 The following table shows the City of Airdrie Detached Sales Data for each month since November of last year.

Month/Year DetachedSales

PreviousMonthEndInventory+InventoryAdded

DuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2014 76 149+81=230 33.04% 38 1.83

December2015 44 131+56=187 23.53% 48 2.89

January2015 41 127+154=281 14.59% 43 5.10

February2015 70 211+149=360 19.44% 35 3.51

March2015 93 248+133=381 24.41% 38 2.62

April2015 92 245+140=385 23.90% 40 2.66

May2015 112 243+159=404 27.72% 41 2.16

June2015 117 243+157=400 29.25% 43 2.06

July2015 106 240+128=368 28.80% 37 2.16

August2015 87 224+127=351 24.79% 40 2.58

September2015 86 227+115=342 25.15% 52 2.55

October2015 64 219+122=341 18.77% 50 3.66

November2015 55 234+93=327 16.82% 45 4.18

City of Airdrie Detached Sales Data Monthly – November 2011 – November 2015 The following table shows the City of Airdrie Detached Sales Data for each month since November of last year.

Month/Year DetachedSales PreviousMonthEndInventory+Inventory

AddedDuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2011 58 284+90=374 15.51% 73 4.43

November2012 64 182+51=233 27.47% 53 2.41

November2013 70 139+61=200 35.00% 50 1.70

November2014 76 149+81=230 33.04% 38 1.83

November2015 55 234+93=327 16.82% 45 4.18

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City of Airdrie Detached Sales Data Benchmark, Average and Median Prices have shown the following progression:

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City of Airdrie Semi-Detached Sales Data Yearly – November 2014 – November 2015 The following table shows the City of Airdrie Semi-Detached Sales Data for each month since November of last year.

Month/Year Semi-detachedSales

PreviousMonthEndInventory+InventoryAdded

DuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2014 15 21+7=28 53.57% 41 0.60

December2015 7 9+6=15 46.67% 30 1.00

January2015 4 7+21=28 14.29% 23 5.75

February2015 8 23+20=43 18.60% 42 3.63

March2015 14 29+11=40 35% 43 1.50

April2015 12 21+17=38 31.58% 29 1.83

May2015 9 22+12=34 26.47% 32 2.11

June2015 12 19+20=39 30.77% 36 1.92

July2015 16 23+13=36 44.44% 35 1.31

August2015 12 21+16=37 32.43% 50 1.67

September2015 8 20+10=30 26.67% 26 2.75

October2015 9 23+10=33 27.30% 41 2.00

November2015 11 18+8=26 42.30% 29 1.45

City of Airdrie Semi-Detached Sales Data Monthly – November 2011 – November 2015 The following table shows the City of Airdrie Semi-Detached Sales Data for each month since November of last year.

Month/Year Semi-detachedSales

PreviousMonthEndInventory+Inventory

AddedDuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2011 3 10+8=18 16.70% 41 4.33

November2012 2 9+5=14 14.30% 63 4.00

November2013 3 6+11=17 17.60% 15 3.33

November2014 15 21+7=28 53.57% 41 0.60

November2015 11 18+8=26 42.30% 29 1.45

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City of Airdrie Attached Sales Data Benchmark, Average and Median Prices have shown the following progression:

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City of Airdrie Row Sales Data Yearly – November 2014 – November 2015 The following table shows the City of Airdrie Row Sales Data for each month since November of last year.

Month/Year RowSales PreviousMonthEndInventory+InventoryAdded

DuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2014 18 25+14=39 46.15% 39 0.83

December2015 4 15+8=23 17.39% 26 4.00

January2015 13 16+22=38 34.21% 41 1.62

February2015 9 21+37=38 23.68% 37 5.11

March2015 18 46+39=85 21.18% 34 3.22

April2015 28 58+38=96 29.17% 41 2.14

May2015 25 60+30=90 27.78% 31 2.32

June2015 28 58+40=98 28.57% 46 2.29

July2015 28 64+38=102 27.45% 48 2.21

August2015 27 62+22=84 32.14% 39 1.89

September2015 12 51+35=86 13.95% 51 5.00

October2015 16 62+37=99 16.20% 58 4.38

November2015 17 70+22=92 18.50% 63 3.59

City of Airdrie Row Sales Data Monthly – November 2011 – November 2015 The following table shows the City of Airdrie Row Sales Data for each month since November of last year.

Month/Year RowSales PreviousMonthEndInventory+Inventory

AddedDuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2011 7 37+13=50 14.00% 67 4.57

November2012 7 26+13=39 17.90% 31 3.71

November2013 12 13+11=24 50.00% 37 1.17

November2014 18 25+14=39 46.15% 39 0.83

November2015 17 70+22=92 18.50% 63 3.59

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City of Airdrie Apartment Sales Data Benchmark, Average and Median Prices have shown the following progression:

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City of Airdrie Apartment Sales Data Yearly – November 2014 – November 2015 The following table shows the City of Airdrie Apartment Sales Data for each month since November of last year.

Month/Year ApartmentSales

PreviousMonthEndInventory+InventoryAdded

DuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2014 7 16+13=29 24.13% 36 3.00

December2015 9 21+9=30 30.00% 53 2.22

January2015 7 20+25=45 15.56& 40 5.14

February2015 12 26+25=51 14.81% 29 3.58

March2015 13 43+11=54 24.07% 50 2.77

April2015 6 36+19=55 10.91% 70 7.50

May2015 7 45+22=66 10.61% 36 7.14

June2015 9 50+26=76 11.84% 111 6.22

July2015 13 56+18=74 17.57%% 57 3.92

August2015 8 51+19=70 11.43% 61 5.88

September2015 12 47+17=64 18.75% 50 3.50

October2015 6 42+15=57 10.53% 57 6.00

November2015 6 36+6=42 14.30% 51 3.83

City of Airdrie Apartment Sales Data Monthly – November 2011 – November 2015 The following table shows the City of Airdrie Apartment Sales Data for each month since November of last year.

Month/Year ApartmentSales PreviousMonthEndInventory+Inventory

AddedDuringtheMonth

%ofAvailableInventorySold

DaysonMarket

MonthsofSupply

November2011 21 47+9=56 37.50% 41 1.67

November2012 7 17+11=28 25.00% 44 2.57

November2013 8 17+9=26 30.80% 50 1.50

November2014 7 16+13=29 24.13% 36 3.00

November2015 6 36+6=42 14.30 51 3.83

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City of Airdrie Apartment Sales Data Benchmark, Average and Median Prices have shown the following progression:

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Curious About the Value of Your Home? Asyoucansee,currentmarketcondiAonsplayacriAcalroleindeterminingthevalueofyourhome.Equallyimportanthowever,ishavinganexperiencedandknowledgeableprofessionalRealtor®onyourside.ColdwellBankerCompleteRealEstatewouldwelcometheopportunitytodiscussanyofyourRealEstateneedsatyourconvenience.

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