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December market stats for Calgary

Sunday, January 8, 2017   /   by Greater Calgary Group

December market stats for Calgary

December 2016 market stats.

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Calgary December 2016 Market Status - Calgary maintains a buyers market status while edging closer to being a balanced market.

As of December 31st, 2016, Calgary had 3,765 active listings and there were 933 listings that were sold in December 2016.

Detached properties carried a benchmark price of $498,300 which saw no change from previous months, while both attached properties and condominiums saw minor drops from November 2016. Overall the Condominium market YTY is down 6.53% from December 2015.

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Average days on market are presently up, with homes selling 12% slower compared to November 2016 and 14.29% slower compared to December 2016. This illustrates the importance of having a team capable of selling your home in tough markets. The Greater Calgary Group sells homes on average over $10,000 more than the average agent, in nearly half the time, and with far less days on the market.

Greater Property Group
Nathan Singh
5940 Macleod Trail SW, Suite 500
Calgary, AB T2H 2G4

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license." Last updated May 23, 2024 8 PM CST
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