Quote:
Originally Posted by troutman
http://www.canada.com/calgaryherald/...d-4c11834077dc
According to realtor Mike Fotiou, of First Place Realty, so far this month up to Oct. 26 the average MLS sale price for a single-family home was $446,698 while for a condo it was $291,458. Both are slightly up from the sale price average in September.
However, the month-to-date sale prices are down from last year, when they were $452,254 for single-family homes and $331,617 for condos.
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CREB has taken their stats down at the moment, but as of earlier this morning they were showing the single family median price as down from last month, at $387,500, down from $395,000, and more notably, the months of inventory for SFH now being around 7 (up from 5) as there has been a huge decline in sales.