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chemgear · 09-01-2010, 08:56 AM

August (unofficial) numbers from http://calgaryrealestatereview.com/

The month-end average price for SFH was $445,617. This was down 4.1% from July and down 1.9% from August 2009. The median was $395,000 which was down 1.25% from both last month and the previous August when it was $400,000.

There were a total of 867 transactions which was lower than the 915 recorded last month and down 32% from the 1277 in August 2009.

Condos are roughly similiar. Prices down about 6-8% (median versus average) in the last 3 months. Inventory is still pretty stable at 6 months of supply with about 250 listings expiring at month end - would one describe this as "pent up supply?"

09-01-2010, 08:56 AM	#1217
chemgear Franchise Player Join Date: Feb 2010 Exp:	August (unofficial) numbers from http://calgaryrealestatereview.com/ The month-end average price for SFH was $445,617. This was down 4.1% from July and down 1.9% from August 2009. The median was $395,000 which was down 1.25% from both last month and the previous August when it was $400,000. There were a total of 867* transactions which was lower than the 915 recorded last month and down 32% from the 1277 in August 2009.* Condos are roughly similiar. Prices down about 6-8% (median versus average) in the last 3 months. Inventory is still pretty stable at 6 months of supply with about 250 listings expiring at month end - would one describe this as "pent up supply?"