| Single Family Home (Calgary Metro) | | |
| Month End Inventory | | 3003 |
| New Listings Added | | 1819 |
| Sales | | 1285 |
| Average Days on Market (sold) | | 41 |
| Average Days on Market (active) | | 54 |
| Average Selling Price (Median) | | $410,000 |
| Listings to Sales | | 70.6 % |
| Sales $ to List $ | | 97.11 % |
| Condo/Townhome (Calgary Metro) | | |
| Month End Inventory | | 1482 |
| New Listings Added | | 859 |
| Sales | | 601 |
| Average Days on Market (sold) | | 44 |
| Average Days on Market (active) | | 53 |
| Average Selling Price (Median) | | $263,500 |
| Listings to Sales | | 70.0 % |
| Sales $ to List $ | | 97.06 % |
Prices for single family homes went up slightly from September whereas condo and townhomes dipped fractionally. Key information is the number of listings to the number of sales has increased - month end inventories are down too. This is a continuing sign of a solid market - it is very safe to say we have 'stabilized'.
Unfortunately, there are still pricing issues out there - though the vast majority of home sellers have loosened their belts and adjusted to the market - helping this stabilziation.
November will be an interesting month - things tend to slow down a little, however I am seeing a increased sign of interest from home sellers - perhaps we will see that inventory jump up a little again.