monthly statistics package calgary region · pdf file05/04/2016 · new listings:...

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MONTHLY STATISTICS PACKAGE

Calgary RegionApril 2016

MONTHLY STATISTICS PACKAGE

CREB® Region Report

CREB® Calgary Regional Housing Market Statistics 1

78%

6%

6%

5% 2% 1%

2%

SHARE OF SALES April 2016

Calgary

Airdrie

Rocky View Region

Foothills Region

Mountain View Region

Wheatland Region

Other Active Areas

Source: CREB®

REGIONAL HIGHLIGHTS

May 2, 2016

• Year-to-date sales in Airdrie eased over last year’s levels, but remained higher than long-term averages. While detached price have decreased, overall prices remain only 2.4 per cent below recent highs recorded in 2015.

• Sales activity improved in Cochrane last month, mostly due to gains in the $300,000 - $400,000 detached segment. Detached price declines neared six per cent, likely encouraging some of the sales growth.

• Okotoks year-to-date sales activity continued to remain well below long-term averages for this time of year. However, improving detached sales in the higher end of the market continued, preventing any significant year-over-year price changes.

Apr 2016

CREB® Region Summary


April 2016Sales

New Listings

Sales to New Listings Ratio

InventoryMonths of Supply

Benchmark Price

Average Price

Median Price

Share of Sales Activity

City of Calgary 1,764 3,216 54.85% 6,242 3.54 441,000 476,427 430,000 78%Airdrie 138 239 57.74% 490 3.55 363,400 387,083 393,500 6%Rocky View Region 142 315 45.08% 881 6.20 531,800 579,750 478,000 6%Foothills Region 105 223 47.09% 670 6.38 395,700 481,941 435,000 5%Mountain View Region 39 118 33.05% 368 9.44 293,100 378,290 350,000 2%Kneehill Region 10 23 43.48% 85 8.50 - 286,650 245,000 0%Wheatland Region 30 65 46.15% 188 6.27 216,600 310,500 322,000 1%Willow Creek Region 8 21 38.10% 95 11.88 - 299,750 267,000 0%Vulcan Region 5 8 62.50% 60 12.00 - 125,980 147,500 0%Bighorn Region 20 29 68.97% 98 4.90 - 592,650 431,500 1%CREB® Economic Region 2,261 4,257 53.11% 9,177 4.06 437,600 472,613 425,000 100%

0

300

600

900

1,200

1,500

1,800

2,100

INVENTORY BY PRICE RANGE

Calgary Airdrie Rocky View RegionFoothills Region Mountain View Region Kneehill RegionWheatland Region Willow Creek Region Vulcan RegionBighorn Region Source: CREB®

APRIL

64%

72% 78% 82% 97%

67%

90% 88%

20%

80%

15% 4% 3%

4%

7%

50%

10% 7%

8% 8%

17%

10% 13%

10%

20% 10% 17% 11% 7% 3%

10% 20%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Calgary Airdrie Rocky ViewRegion

FoothillsRegion

Mountain ViewRegion

WheatlandRegion

KneehillRegion

Willow CreekRegion

BighornRegion

Vulcan Region

SHARE OF SALES BY PROPERTY TYPE

Detached Apartment Semi - Detached Row Source: CREB®

APRIL

Apr 2016

0

100

200

300

400

500

600

700

SALES BY PRICE RANGE

Calgary Airdrie Rocky View RegionFoothills Region Mountain View Region Kneehill RegionWheatland Region Willow Creek Region Vulcan RegionBighorn Region

Source: CREB®

APRIL

CREB® Region


0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD APRIL

Detached Apartment Semi - Detached

Row 10 Year AverageSource: CREB®

CREB® ECONOMIC REGION TOTAL SALES

425,000

430,000

435,000

440,000

445,000

450,000

455,000

460,000

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

Feb.'15

Mar.'15

Apr.'15

May.'15

Jun.'15

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16

Inventory Sales Benchmark Price Source: CREB®

CREB® ECONOMIC REGION INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

2011 2012 2013 2014 2015 2016

Months of Supply TrendedSource: CREB®

12 month moving average

CREB® ECONOMIC REGION MONTHS OF INVENTORY

-10%

-5%

0%

5%

10%

15%

2011 2012 2013 2014 2015 2016

Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change

Source: CREB®

CREB® ECONOMIC REGION PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

550,000

2011 2012 2013 2014 2015 2016Detached Price Apartment Price

Row Price Semi PriceSource: CREB®

CREB® ECONOMIC REGION PRICES

0

500

1,000

1,500

2,000

2,500

3,000 YTD APRIL

YTD 2013 YTD 2014 YTD 2015 YTD 2016 Source: CREB®

CREB® ECONOMIC REGION TOTAL SALES BY PRICE RANGE

Apr 2016

CREB® Region


TYPICAL HOME ATTRIBUTES - DETACHED HOMES

Gross Living Area (Above Ground) Lot Size

Above Ground Bedrooms Year Built

Full Bathrooms

Half Bathrooms

City of Calgary 1,307 4,854 3 1984 2 1Airdrie 1,463 4,651 3 1998 2 1Rural Rocky View 2,130 87,120 3 1991 3 1Cochrane 1,456 5,740 3 1996 2 1Chestermere 1,884 5,593 3 2001 2 1Rural Foothills 1,723 176,418 3 1987 2 0High River 1,287 5,629 3 1985 2 0Okotoks 1,454 5,038 3 1997 2 1Turner Valley 1,215 6,335 3 1981 2 0Rural Mountain View 1,256 7,393 3 1980 2 0Carstairs 1,266 6,668 3 1987 2 0Didsbury 1,189 6,384 3 1978 2 0Rural Wheatland 1,206 11,335 3 1970 2 0Strathmore 1,255 5,606 3 1996 2 0

0100,000200,000300,000400,000500,000600,000700,000800,000900,000

1,000,000

Calgary Airdrie RuralRocky View

Chester-mere

Cochrane RuralFoothills

HighRiver

Okotoks TurnerValley

RuralMtn. View

Carstairs Didsbury RuralWheatland

Strathmore

DETACHED BENCHMARK PRICE

Source: CREB®

APRIL

Apr 2016

-14%

-12%

-10%

-8%

-6%

-4%

-2%

0%

2%

Calgary Airdrie RuralRocky View

Chester-mere

Cochrane RuralFoothills

HighRiver

Okotoks TurnerValley

RuralMtn. View

Carstairs Didsbury RuralWheatland

Strathmore

DETACHED BENCHMARK PRICE

Source: CREB®

APRIL

Calgary CMA


April 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


City of Calgary 1,764 3,216 54.85% 6,242 3.54 441,000 476,427 430,000 86%Airdrie 138 239 57.74% 490 3.55 363,400 387,083 393,500 7%Rocky View Region 142 315 45.08% 881 6.20 531,800 579,750 478,000 7%Calgary CMA 2,044 3,770 54.22% 7,613 3.72 441,400 477,573 427,700 100%

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800


Calgary Airdrie Rocky View Region

Source: CREB®

APRIL

66% 64%

78% 72%

14% 15%

3% 4%

10% 10% 8% 7%

11% 10% 11% 17%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

CMA Calgary Total Rocky View Airdrie


Detached Apartment Semi - Detached Row Source: CREB®

APRIL

Apr 2016

0

100

200

300

400

500

600


Calgary Airdrie Rocky View Region

Source: CREB®

APRIL

Calgary CMA


0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD APRIL



CALGARY CMA TOTAL SALES

430,000

435,000

440,000

445,000

450,000

455,000

460,000

465,000

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

Feb.'15

Mar.'15

Apr.'15

May.'15

Jun.'15

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16


CALGARY CMA INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

2011 2012 2013 2014 2015 2016



CALGARY CMA MONTHS OF INVENTORY

-10%

-5%

0%

5%

10%

15%

2011 2012 2013 2014 2015 2016


Source: CREB®

CALGARY CMA PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

550,000



CALGARY CMA PRICES

0

500

1,000

1,500

2,000

2,500

3,000 YTD APRIL

YTD 2013 YTD 2014 YTD 2015 YTD 2016Source: CREB®

CALGARY CMA TOTAL SALES BY PRICE RANGE

Apr 2016

Airdrie


0

100

200

300

400

500

600

700

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD APRIL



AIRDRIE TOTAL SALES

355,000

360,000

365,000

370,000

375,000

380,000

-

100

200

300

400

500

600

Feb.'15

Mar.'15

Apr.'15

May.'15

Jun.'15

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16


AIRDRIE INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

2011 2012 2013 2014 2015 2016



AIRDRIE MONTHS OF INVENTORY

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

30%

2011 2012 2013 2014 2015 2016


Source: CREB®

AIRDRIE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000



AIRDRIE PRICES

0

20

40

60

80

100

120

140

160

180 YTD APRIL


AIRDRIE TOTAL SALES BY PRICE RANGE

Apr 2016

Rocky View Region


April 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Rocky View Region 142 315 45.08% 881 6.20 531,800 579,750 478,000 100%Rural Rocky View 31 70 44.29% 280 9.03 929,300 1,061,137 1,030,000 22%Beiseker 2 4 50.00% 7 3.50 - 256,250 256,250 1%Bragg Creek 1 6 16.67% 12 12.00 - 610,000 610,000 1%Chestermere 33 71 46.48% 177 5.36 471,800 476,089 495,000 23%Cochrane 54 136 39.71% 334 6.19 419,500 427,977 403,250 38%Crossfield 9 9 100.00% 21 2.33 - 365,322 384,000 6%Irricana 1 3 33.33% 8 8.00 - 447,000 447,000 1%Langdon 9 11 81.82% 25 2.78 - 527,800 483,500 6%Redwood Meadows 2 2 100.00% 6 3.00 - 500,000 500,000 1%

Other 0 3 0.00% 11 - - 592,229 489,250 0%

0

50

100

150

200

250


Rural Rocky View Cochrane Chestermere

Beiseker Bragg Creek Crossfield

Irricana Langdon Redwood MeadowsSource: CREB®

APRIL

0

5

10

15

20

25

30

35

40


Rural Rocky View Cochrane Chestermere

Beiseker Bragg Creek Crossfield

Irricana Langdon Redwood MeadowsSource: CREB®

APRIL

78%

97%

69% 70%

89% 78%

100% 100% 100% 100%

3%

4% 3%

11% 8%

3%

13% 9%

11% 11% 15% 18% 11%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Rocky ViewRegion

Rural RockyView

Cochrane Chestermere Langdon Crossfield Bragg Creek Beiseker RedwoodMeadows

Irricana


Detached Apartment Semi - Detached Row

Source: CREB®

APRIL

Apr 2016

Cochrane


0

50

100

150

200

250

300

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD APRIL



COCHRANE TOTAL SALES

380,000

390,000

400,000

410,000

420,000

430,000

440,000

450,000

460,000

-

50

100

150

200

250

300

350

400

Feb.'15

Mar.'15

Apr.'15

May.'15

Jun.'15

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16


COCHRANE INVENTORY AND SALES

-

2

4

6

8

10

12

14

16

2011 2012 2013 2014 2015 2016



COCHRANE MONTHS OF INVENTORY

-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

2011 2012 2013 2014 2015 2016


Source: CREB®

COCHRANE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000



COCHRANE PRICES

0

10

20

30

40

50

60

70

80 YTD APRIL


COCHRANE TOTAL SALES BY PRICE RANGE

Apr 2016

Chestermere


0

20

40

60

80

100

120

140

160

180

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD APRIL



CHESTERMERE TOTAL SALES

430,000

440,000

450,000

460,000

470,000

480,000

490,000

500,000

510,000

-

20

40

60

80

100

120

140

160

180

200

Feb.'15

Mar.'15

Apr.'15

May.'15

Jun.'15

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16


CHESTERMERE INVENTORY AND SALES

-

2

4

6

8

10

12

14

16

2011 2012 2013 2014 2015 2016



CHESTERMERE MONTHS OF INVENTORY

-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

2011 2012 2013 2014 2015 2016


Source: CREB®

CHESTERMERE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

550,000

600,000



CHESTERMERE PRICES

0

10

20

30

40

50

60 YTD APRIL


CHESTERMERE TOTAL SALES BY PRICE RANGE

Apr 2016

Rural Rocky View


0

20

40

60

80

100

120

140

160

180

200

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD APRIL



RURAL ROCKY VIEW TOTAL SALES

800,000

850,000

900,000

950,000

1,000,000

1,050,000

1,100,000

-

50

100

150

200

250

300

350

400

Feb.'15

Mar.'15

Apr.'15

May.'15

Jun.'15

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16


RURAL ROCKY VIEW INVENTORY AND SALES

-

10

20

30

40

50

60

2011 2012 2013 2014 2015 2016



RURAL ROCKY VIEW MONTHS OF INVENTORY

-40%

-30%

-20%

-10%

0%

10%

20%

30%

40%

50%

2011 2012 2013 2014 2015 2016


Source: CREB®

RURAL ROCKY VIEW PRICE CHANGE

100,000

300,000

500,000

700,000

900,000

1,100,000

1,300,000



RURAL ROCKY VIEW PRICES

0

10

20

30

40

50

60

70 YTD APRIL


RURAL ROCKY VIEW TOTAL SALES BY PRICE RANGE

Apr 2016

Foothills Region


April 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Foothills Region 105 223 47.09% 674 6.42 395,700 481,941 435,000 100%Rural Foothills 11 48 22.92% 160 14.55 682,700 846,000 890,000 10%Black Diamond 2 9 22.22% 27 13.50 - 337,500 337,500 2%Blackie 0 1 0.00% 2 - - - - 0%Cayley 1 2 50.00% 3 3.00 - 593,750 593,750 1%De Winton 0 2 0.00% 7 - - - - 0%Heritate Pointe 4 14 28.57% 58 14.50 - 913,125 795,000 4%High River 20 38 52.63% 118 5.90 342,800 316,640 332,500 19%Okotoks 57 101 56.44% 249 4.37 433,800 465,279 450,000 54%Turner Valley 9 6 150.00% 24 2.67 295,800 285,870 300,000 9%Priddis Greens 0 1 0.00% 15 - - - - 0%

Longview 0 0 - 4 - - - - 0%

Other 1 1 100.00% 7 7.00 - 950,000 950,000 1%

0

20

40

60

80

100

120

140INVENTORY BY PRICE RANGE

Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Other Source: CREB®

APRIL

0

5

10

15

20

25

30SALES BY PRICE RANGE

Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Other Source: CREB®

APRIL

82%

100% 100% 100%

60%

86%

67%

4%

5%

5% 8%

20%

4%

22%

7% 15%

5% 11%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

FoothillsRegion

RuralFoothills

BlackDiamond

Blackie Cayley HeritagePointe

High River Longview Okotoks TurnerValley

De Winton PriddisGreens


Detached Apartment Semi - Detached RowSource: CREB®

APRIL

Apr 2016

Okotoks


0

50

100

150

200

250

300

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD APRIL



OKOTOKS TOTAL SALES

415,000

420,000

425,000

430,000

435,000

440,000

445,000

450,000

-

50

100

150

200

250

300

Feb.'15

Mar.'15

Apr.'15

May.'15

Jun.'15

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16


OKOTOKS INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

2011 2012 2013 2014 2015 2016



OKOTOKS MONTHS OF INVENTORY

-40%

-30%

-20%

-10%

0%

10%

20%

30%

40%

2011 2012 2013 2014 2015 2016


Source: CREB®

OKOTOKS PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000



OKOTOKS PRICES

0

10

20

30

40

50

60

70

80 YTD APRIL


OKOTOKS TOTAL SALES BY PRICE RANGE

Apr 2016

Rural Foothills


0

10

20

30

40

50

60

70

80

90

100

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD APRIL



RURAL FOOTHILLS TOTAL SALES

630,000

640,000

650,000

660,000

670,000

680,000

690,000

700,000

710,000

720,000

730,000

740,000

-

50

100

150

200

250

Feb.'15

Mar.'15

Apr.'15

May.'15

Jun.'15

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16


RURAL FOOTHILLS INVENTORY AND SALES

-

5

10

15

20

25

30

2011 2012 2013 2014 2015 2016



RURAL FOOTHILLS MONTHS OF INVENTORY

-8%

-6%

-4%

-2%

0%

2%

4%

6%

8%

10%

12%

2011 2012 2013 2014 2015 2016


Source: CREB®

RURAL FOOTHILLS PRICE CHANGE

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000



RURAL FOOTHILLS PRICES

0

5

10

15

20

25

30

35

40 YTD APRIL


RURAL FOOTHILLS TOTAL SALES BY PRICE RANGE

Apr 2016

Wheatland Region


April 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Wheatland Region* 30 65 46.15% 188 6.27 216,600 310,500 322,000 100%Rural Wheatland* 2 11 18.18% 25 12.50 216,500 432,500 432,500 7%Carseland* 1 2 50.00% 3 3.00 - 160,000 160,000 3%Lyalta* 0 0 - 4 - - - - 0%Rockyford* 0 2 0.00% 4 - - - - 0%Strathmore 25 47 53.19% 130 5.20 367,800 312,600 324,000 83%

Other* 2 3 66.67% 22 11.00 - 237,500 237,500 7%

*Data within these areaa many not accurately reflect total resale activity and trends

0

5

10

15

20

25

30

35

40

45

50


Strathmore Rural Wheatland Carseland

Lyalta Rockyford Other

Source: CREB®

APRIL

0123456789

101112131415


Strathmore Rural Wheatland Carseland

Lyalta Rockyford Other

Source: CREB®

APRIL

67%

100%

65%

100%

67%

7%

33% 17% 22%

10% 13%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Wheatland Region Rural Wheatland Strathmore Carseland Lyalta Rockyford Other


Detached Apartment Semi - Detached Row

Source: CREB®

APRIL

Apr 2016

Strathmore


0

50

100

150

200

250

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD APRIL



STRATHMORE TOTAL SALES

345,000

350,000

355,000

360,000

365,000

370,000

375,000

-

20

40

60

80

100

120

140

Feb.'15

Mar.'15

Apr.'15

May.'15

Jun.'15

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16


STRATHMORE INVENTORY AND SALES

-

2

4

6

8

10

12

14

16

18

20

2011 2012 2013 2014 2015 2016



STRATHMORE MONTHS OF INVENTORY

-8%-6%-4%-2%0%2%4%6%8%

10%12%14%

2011 2012 2013 2014 2015 2016


Source: CREB®

STRATHMORE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000



STRATHMORE PRICES

0

10

20

30

40

50

60 YTD APRIL


STRATHMORE TOTAL SALES BY PRICE RANGE

Apr 2016

Mountain View Region


April 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Mountain View Region* 39 118 33.05% 368 9.44 293,100 378,290 350,000 100%Rural Mountain View* 12 27 44.44% 90 7.50 389,900 529,908 514,000 31%Carstairs 10 24 41.67% 53 5.30 319,500 337,000 332,500 26%Cremona 1 2 50.00% 2 2.00 - 193,000 193,000 3%Didsbury 5 21 23.81% 55 11.00 252,500 358,900 272,500 13%Olds* 5 30 16.67% 89 17.80 292,300 360,800 237,000 13%Sundre* 6 12 50.00% 74 12.33 271,200 205,483 171,500 15%

Other* 0 2 0.00% 5 - - 433,841 423,000 0%


0

10

20

30

40

50

60

70

80

90

100


Rural Mountain View Didsbury Olds

Sundre Carstairs Cremona

OtherSource: CREB®

APRIL

0

1

2

3

4

5

6

7

8

9

10


Rural Mountain View Didsbury Olds

Sundre Carstairs Cremona

OtherSource: CREB®

APRIL

97% 100% 100%

80%

100% 100% 100%

3%

20%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Mountain ViewRegion

Rural Mountain View Didsbury Olds Sundre Carstairs Cremona



APRIL

Apr 2016

Kneehill Region


April 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Kneehill Region* 10 23 43.48% 85 8.50 - 286,650 245,000 100%Rural Kneehill* 3 3 100.00% 18 6.00 - 395,833 402,500 30%Acme* 1 2 50.00% 6 6.00 - 195,000 195,000 10%Linden* 0 2 0.00% 5 - - - - 0%Three Hills* 6 6 100.00% 24 4.00 - 247,333 245,000 60%Trochu* 0 5 0.00% 21 - - - - 0%

Other* 0 5 0.00% 11 - - 321,500 302,500 0%


0

5

10

15

20

25

30

35

40


Rural Kneehill Three Hills Acme

Linden Trochu Other

Source: CREB®

APRIL

0

1

2

3

4

5


Rural Kneehill Three Hills Acme

Linden Trochu Other

Source: CREB®

APRIL

90%

100%

83%

100%

10%

17%

75%

80%

85%

90%

95%

100%

Kneehill Region Rural Kneehill Three Hills Acme Linden Trochu



APRIL

Apr 2016

Willow Creek Region


April 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Willow Creek Region* 8 21 38.10% 95 11.88 - 299,750 267,000 100%Rural Willow Creek* 2 2 100.00% 13 6.50 - 520,000 520,000 25%Claresholm* 2 9 22.22% 43 21.50 - 254,000 254,000 25%Nanton* 4 5 80.00% 22 5.50 - 212,500 179,500 50%Stavely* 0 3 0.00% 12 - - - - 0%

Other* 0 2 0.00% 5 - - 314,000 347,500 0%


0

5

10

15

20

25

30

35

40


Rural Willow Creek Claresholm Nanton Stavely Other

Source: CREB®

APRIL

0

1

1

2

2

3

3

4


Rural Willow Creek Claresholm Nanton Stavely Other

Source: CREB®

APRIL

88%

100%

50%

100%

13%

50%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Willow Creek Region Rural Willow Creek Claresholm Nanton Stavely



APRIL

Apr 2016

Vulcan Region


April 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Vulcan Region* 5 8 62.50% 60 12.00 - 125,980 147,500 100%Rural Vulcan* 0 3 0.00% 19 - - - - 0%Vulcan* 2 1 200.00% 18 9.00 - 176,250 176,250 40%Carmangay* 0 1 0.00% 5 - - - - 0%Champion* 2 0 - 5 2.50 - 64,950 64,950 40%

Other* 1 3 33.33% 13 13.00 - 147,500 147,500 20%


0

10

20

30

40


Rural Vulcan Vulcan Carmangay

Champion Other

Source: CREB®

APRIL

0

1

2

3

4

5

6


Rural Vulcan Vulcan Carmangay

Champion Other

Source: CREB®

APRIL

80%

100%

20%

50%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Vulcan Region Rural Vulcan Vulcan Carmangay Champion



APRIL

Apr 2016

Bighorn Region


April 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Bighorn Region* 20 29 68.97% 98 4.90 - 592,650 431,500 100%Rural Bighorn* 2 0 - 6 3.00 - 32,000 32,000 10%Canmore* 17 27 62.96% 87 5.12 - 670,235 540,000 85%

Other* 1 2 50.00% 5 5.00 - 395,000 395,000 5%


0

10

20

30


Canmore Other Rural Bighorn

Source: CREB®

APRIL

0

1

2

3

4

5


Canmore Other Rural Bighorn

Source: CREB®

APRIL

20% 18%

50% 47%

100%

10% 12%

20% 24%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Bighorn Region Canmore Rural Bighorn



APRIL

Apr 2016

CREB® Definitions


CREB® REPORTING REGIONS * Data within these areas may not accurately reflect total resale activity and trends. CREB® resale data only includes activity occurring within our membership. For the identified areas, the data could be missing a signification portion of transactions as not all active Realtors® in the area are a member of the CREB® board. ** Resale activity in these areas does not meet the minimum reporting standard. DEFINITIONS Benchmark Price - Represents the monthly price of the typical home based on its attributes, such as size, location and number of bedrooms. MLS® Home Price Index – changes in home prices by comparing current price levels relative to January 2005 price level. Absorption Rate – refers to the ratio between the amounts of sales occurring in the market relative to the amount of active listings / Inventory. Months of Supply – refers to the ratio between inventory and sales and represents at the current pace of sales how long it would take to sell existing inventory and the current rate of sales. Detached - A unit that is not attached to any other unit. Semi-detached - A single dwelling built as one of a pair that shares one common wall. Row - A single dwelling attached to each other by a common wall with more than two properties in the complex. Attached - Both row and semi-detached properties. Apartment - High-rise and low-rise condominium properties with access through an interior hallway. Total Residential - Includes detached, attached and apartment style properties. Exclusions – Data included in this package do not include activity related to multiple-unit sales, rental, land or leased properties. Rural – Data represents activity occurring within the broader region but not in any specific town/hamlet/village within the

ABOUT CREB® CREB® is a professional body of more than 5,100 licensed brokers and registered associates, representing 245 member offices. CREB® is dedicated to enhancing the value, integrity and expertise of its REALTOR® members. Our REALTORS® are committed to a high standard of professional conduct, ongoing education, and a strict Code of Ethics and standards of business practice. Any use or reference to CREB® data and statistics must acknowledge CREB® as the source. The board does not generate statistics or analysis of any individual member or company’s market share. All MLS® active listings for Calgary and area may be found on the board’s website at ww.creb.com. CREB® is a registered trademark of the Calgary Real Estate Board Cooperative. The trademarks MLS® and Multiple Listing Service® 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. The trademarks REALTOR® and REALTORS® are controlled by CREA and identify real estate professionals who are members of CREA, and subsequently the Alberta Real Estate Association and CREB®, used under licence.

WILLOW CREEK* Rural Willow Creek County* Claresholm* Fort Macleod** Granum** Nanton* Parkland**

BIGHORN* Rural Bighorn M.D. Benchlands** Canmore* Exshaw** Ghost Lake** Harvie Heights** Lac des Arcs** Seebe** Waiparous**

FOOTHILLS Rural Foothills M.D. Aldersyde** Black Diamond Blackie Cayley De Winton Heritage Pointe High River Longview** Millarville** Okotoks Priddis** Priddis Greens Turner Valley

KNEEHILL* Rural Kneehill County Acme Carbon** Huxley** Linden Swalwell** Three Hills Torrington** Trochu Wimborne**

MOUNTAIN VIEW* Rural Mountain View County Bearberry** Bergen** Carstairs Cremona Didsbury Eagle Hill** Elkton** Olds* Sundre* Water Valley** Westward Ho**

ROCKY VIEW Rural Rocky View County Balzac** Beiseker Bottrel** Bragg Creek Chestermere Cochrane Cochrane Lake** Conrich** Crossfield Dalemead** Dalroy** Delacour** Indus** Irricana Janet** Kathyrn** Keoma** Langdon Madden** Redwood Meadows

VULCAN* Rural Vulcan County* Arrowwood** Brand** Carmangay* Champion* Ensign** Herronton** Kirkcaldy** Lomond** Milo** Mossleigh** Queenstown** Shouldice** Travers**

WHEATLAND* Rural Wheatland County* Ardenode** Carseland* Chancellow** Cheadle** Cluny** Dalum** Gleichen** Hussar** Lyalta* Namaka** Rockyford* Rosebud** Standard**

Apr 2016

monthly statistics package calgary region · pdf file05/04/2016 · new listings:...

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