Calgary’s Real Estate Market
Written May 14, 2021
After a few years of low numbers in Calgary’s Real Estate Market, we are seeing that prices have fully recovered to 2014 Levels!
Here are some key statistics coming out of the Calgary Real Estate Board:
Total sales are up 462% compared to April 2020
The number of Days On Market is down 40.16% compared to April 2020
Both the average and median prices are up 20.30% and 15.63% respectively compared to April 2020
As of April, the benchmark price rose to $529,100. This is nearly 11 per cent higher than last year and more than $30,000 higher than levels recorded at the start of 2021. The recent gains were enough to push the benchmark price to a new high, reflecting full price recovery from 2014 levels.
This information was collected from CREB®