January Summary from the Calgary Elite Real Estate Team
- 2020 in Calgary kicked off with a slight increase in sales
- January sales have increased compared to the same period in 2019.
- Simultaneously, there have been reductions in new listings, inventory and a further decline in prices.
- At $417,100, benchmark prices are slightly lower than December, 2019, and are nearly 1% lower than benchmark prices from one year previous.
- Continuing lack of confidence in the energy industry has caused a reset in economic indicators including housing, and we continue to wait for a citywide return to balanced conditions and price stability.
January 2020 In Review
517
Sales
$278,879,020
Total Sales Volume
1213
New Listings
3348
Inventory
42.62%
Sales to New Listings Ratio
61
Days on Market
$479,600
Benchmark Price
$461,500
Median Price
$539,418
Average Price
City of Calgary CREB Statistics
CALGARY DISTRICTS
CREB® Definitions
View the complete CREB January 2020 Statistics package
2020 Calgary Monthly Stats
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