November Summary from THE PHIL LEPAGE TEAM
- At the beginning of the final month of 2019, YTD residential sales are sitting slightly higher than 2018
- November sales have eased compared to the same period in 2018
- New listings have eased relative to sales, resulting in a reduction of inventory oversupply when compared to 2018
- Sales activity continues to sit at lower levels due to economic conditions and uncertainty
- Despite overall market conditions, factors including location and product type still dictate postive or negative price trends on a year-to-year basis
November 2019 In Review
1160
Sales
$512,044,588
Total Sales Volume
1848
New Listings
5858
Inventory
62.77%
Sales to New Listings Ratio
65
Days on Market
$419,100
Benchmark Price
$400,000
Median Price
$441,418
Average Price
City of Calgary CREB Statistics
CALGARY DISTRICTS
CREB® Definitions
View the complete CREB November 2019 Statistics package
2019 Calgary Monthly Stats
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