Posts Tagged ‘Brent Wilcox’

October Monthly Housing Stats Report at a glance!

Wednesday, November 2nd, 2011

Trying to make sense of the Calgary Real Estate market?

Below I have reported key indicators on what is really happening in the Calgary Real Estate market.  All numbers are taken from the Monthly Stats report for Realtors prepared by the Calgary Real Estate Board.

Here is October’s summary.

Calgary Listing Inventory:  Inventory levels for Both Single Family homes and Condo’s decreased this month.  Inventory levels have moved both up and down so it is not showing a definite direction.

Inventory September 2011 October Change
Single Family Home 4753 4486 (267)
Condo’s 2008 1935 (73)
Total 6761 6421 (340)

 Calgary Sales: 

Calgary Single Family home sales for the month of October showed a slight decrease.  Sales for Condos,  however decreased by about 15% from September.   Sales numbers dropping is very normal at this time of year as the peak selling season is typically April through June.  Interestingly, sales for single family homes and condos beat sales levels for October 2010 and we are on track to have higher sales in 2011 than in 2010.       

Sales September 2011 October Change
Single Family Home 1036 988 (48)
Condo’s 429 368 (61)
Total 1465 1356 (109)

 

Calgary Real Estate Sales Prices:    For October Median prices for Single Family homes decreased by $5.000 while condo’s increased by $2,625.00 over September.  We seem to be bouncing up and down every month but overall prices are remaining fairly stable.      

Sales Prices September Median Prices October Change
Single Family Homes $400,000 $395,000 (5,000)
Condo’s $260,000 262,625 +2,625

 The median sales price of Single Family homes in January was 390,000 so we are up $5,000 for the year.

The Median sales price of Condos in January was $255,000 so we are up $7250 for the year.

Overall we are still in a buyer’s market where buyers have lots of selection and buyers although buying are looking for value.

If you have any questions about this summary please contact us.   

Gord Piper, Brent Wilcox & Eric Dennis

Tags:, , , , , , , ,
Posted in Blog, Real Estate Board's Statistics | Comments Closed

July 2011, Calgary Real Estate Stats at a glance

Friday, August 5th, 2011

Tired of trying to figure out whats happening in the Calgary Real Estate Market.   Below you will find a summary of some key indicators with a few short comments that will give you a clear indication of how the Calgary Real Estate market is performing.  This information is taken from the Calgary Real Estate Boards monthly stats package for realtors and is provided for you by Gord Piper and Associates.  If you would like to see the entire report contact us.

Calgary Listing Inventory:  Both Single Family homes and condo’s decreased marginally this month.     

Inventory June 2011 July 2011 Change
Single Family Home 4744 4630 Decrease of 114
Condo’s 2023 2003 Decrease of 20
Total 6767 6633 Decrease of 134

 

Calgary Sales: 

Calgary sales for the month of July showed decreases for both single family and condos. This is very normal as the peak selling season is typically April through June.  Of interest, even though sales numbers decreased in July our sales were still substantially higher than last July.     

Sales June 2011 July  2011 Change
Single Family Home 1398 1153 Decrease of 245
Condo’s 581 453 Decrease of 98
Total 1979 1606 Decrease of 373

 

Calgary Real Estate Sales Prices:    Prices for Single Family homes decreased slightly while condos increased very slightly this month.  Both seem to be remaining fairly flat with slight ups and downs but not heading in any one direction.    

Sales Prices June Median Prices July Median Prices Change
Single Family Homes $417,250 $409,000 Decrease of $8,250
Condo’s $265,000 $269,000 +$4,000

 

Overall we are still in a slight buyers market – this month we moved slightly more in favour of buyers as our inventory decreased only marginally while sales did show a decrease therefore increasing our absorption rate.

If you have any questions about this summary, the attached stats package or any Real Estate questions please feel free to contact us anytime.  

Gord Piper  & Brent Wilcox

CIR Realty

Tags:, , , , , , ,
Posted in Blog, Real Estate Board's Statistics | Comments Closed

June 2011, Calgary Real Estate Stats at a glance

Sunday, July 3rd, 2011

Want to know  instantly whats happening in the real estate market in Calgary.  Below you will find a summary of some key areas with a few short comments.  All stats are taken directly from the Calgary Real Estate Boards monthly stats package for June 2011.  These highlights are all you need to stay informed.  Provided to you courtesy of Gord Piper and Associates.

Calgary Listing Inventory:  As shown below our inventory in Calgary Metro increased marginally this month.   

Inventory May  2011 June 2011 Change
Single Family Home 4616 4744 128
Condo’s 2092 2023 (69)
Total 6708 6767 59

 Calgary Sales: 

Calgary sales for the month of June showed increases in both single family and condos. Of interest, this is the first month all year where condo sales beat the number of condo sales in the same month of last year.  Single family homes have done this for a few months After years of research and testing the new system is designed to provide learner drivers with all the training, resources and qualified bronx driving schools instructors required to become a licensed driver. now.    

Sales May 2011 June 2011 Change
Single Family Home 1313 1398 85
Condo’s 503 581 78
Total 1816 1979 163

 

Calgary Real Estate Sales Prices:    Prices for Single Family homes and for condos decreased very slightly this month.  It’s interesting that for the last 3 months prices of single family homes have been almost flat at 420,000, 423,000 and 417,250.   Condos have stayed between $260,000 and $270,000 for the last 3 months.   This makes sense as our inventory is holding steady and sales are strong.  

Sales Prices May  Median Prices June Median Prices Change
Single Family Homes $423,000 $417,250 ($5750)
Condo’s $269,250 $265,000 ($4,350)

 Overall we are still in a slight buyers market. 

If you have any questions about this summary, or would like to receive the entire stats package or have other Real Estate questions feel free to contact us.  

Gord Piper and Brent Wilcox 

CIR Realty

Tags:, , , , , , , ,
Posted in Blog, Real Estate Board's Statistics | Comments Closed

Novenmber 2010 Calgary Real Estate Statistics!

Wednesday, December 1st, 2010

Another month is over giving us the pleasure to provide the following information – a summary of key numbers  from  the Calgary Real Estate Boards November statistics Package.  For Community Stats please click here!

Calgary Listing Inventory:  As noted below the inventory continues to decrease.   View Calgary Listings here!

Inventory  October November Change
Single Family Home 4528 3869 Decrease of 659
Condo’s 2042 1882 Decrease of 160
Total 6570 5751 Decrease of 819

 

Calgary Sales:  Sales are very similar to October’s sales but are again down from last year’s sales.   This trend is very normal for this time of year as many people do not want to make a move in the middle of winter.  

Sales October November Change
Single Family Home 958 888 Decrease  of 70
Condo’s 310 310 =
Total 1309 1198 Decrease of 70

 

Calgary Real Estate Sales Prices :   For this summary,  I will focus only on the Median Sales Price as the average can be skewed by Realtors selling more of less million dollar homes and is a better reflection of the market.   Interesting that the median price went up this month.  Speculating again – when buyers realize that the prices may be heading back up some buyers who have held off may jump in and buy now.

Sales Prices October Median Price November Median Price Change
Single Family Homes $387,900 $399,900  Increase of $12,000
Condo’s $255,000 $253,300 Decrease of  $1700

 

Summary:  November’s numbers look very close to October’s and although we are down from last year there continue to be indications that things may start to pick up again.  The median price of a single family home increased by $12,000 this month.

If you have any questions about this summary,  the attached stats package or any Real Estate questions  please feel free to contact us anytime.  

Thinking about a move in 2011 – now is the time to start preparing so that you get top dollar for your home!  We would be happy to arrange a pre home sale consultation.

Interested in more info about specific  communities in Calgary visit our friends at calgaryarea.com

Gord Piper and Brent Wilcox

Century 21, The Professionals Ltd.

www.gordpiper.com

403-861-2256

Tags:, , , , ,
Posted in Real Estate Board's Statistics | Comments Closed

Calgary Real Estate Stat’s October 2010

Sunday, October 31st, 2010

Welcome to our new Blog! 

Within our blog it is our intention to share news and information related to Real Estate in Calgary.   Today we have for you a summary of some important stat’s taken from the Calgary Real Estate Boards October 2010 monthly Stats package.   These key areas give you a good snapshot of the Calgary real estate market.

Calgary Listing Inventory:  Inventory showed a decrease again this month.  We have seen steady inventory decreases since June when we peaked at 9080 listings within Calgary.

Inventory  Sept  October Change
Single Family Home 4880 4528 – 352
Condo’s 2204 2042 – 162
Total 7084 6570 – 514

 

Calgary Sales:  Sales are very similar to September Sales but are again down from last year’s sales.  

Sales September October Change
Single Family Home 958 999 + 41
Condo’s 366 310 – 56
Total 1324 1309 – 15

Calgary Real Estate Sales Prices :   For this summary,  I will focus only on the Median Sales Price as the average can be skewed by Realtors selling more of less million dollar homes and should be a better reflection of the market.  As you can see below single family homes dropped by $2100.00 and Condo’s dropped by $10,000 – It is important to note that in August Condo prices increased by $5,000 so this is partly just a bounce back.

Sales Prices Sept Median Price October Median Price Change
Single Family Homes $390,000 $387,900  $2,100.
Condo’s $265,000 $255,000  $10,000

Personally we have noticed that in the last couple of weeks the activity has increased and the sales in the last week of this month  showed that with sales of 354 listings compared to the previous week with sales of 275 listings. 

If you have any questions about this summary,  or have any suggestions to other information you would like to see here please Contact us. 

Gord Piper and Brent Wilcox are Realtors with Century 21, The Professionals which is conveniently located within the Northland Village Professional Centre in Northwest Calgary.

Tags:, , , , , , , , , ,
Posted in Real Estate Board's Statistics | Comments Closed