Total listing inventory this week came in at 7,959 with 5,387 being single family homes and 2,572 being condo listings. It looks like the amount of homes on the market is gradually getting less and less each week. However this drop in inventory is likely do to the seasonal drop in listings we see every year around this time. People just don;t like to have their house on the market during the holiday seasons. The average sale price of a single family home this week was $430,451 and condos came in at $266,164.Please note: These averages do not indicate the average sale price of Calgary real estate. Just the average for the week mentioned.
Totals for November 3rd – November 9th, 2008
Listing Inventory = 7,959
Single Family Home Sales = 173
Condo Sales = 79
Pending Sales = 253
Expired / Terminated Listings = 236
Calgary Real Estate Market Week in Review Chart
Nevin Van Nest . Realtor . Royal LePage Foothills
Your Calgary Real Estate Expert
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