(Source: Calgary Herald)

February saw a substantial increase in MLS sales in Calgary as well as continued growth in the average price compared with a year ago.

Data released Monday by the Calgary Real Estate Board showed single-family home sales for February were 1,035 units, which was up 25.45 per cent from February 2009 (825). The average sale price hit $458,254, an increase of 10.27 per cent from last year’s $415,568.

Also, condo sales were up a whopping 56.27 per cent to 536 units compared with 343 unit sales in February 2009. The average price also increased by 5.17 per cent from $269,971 to $282,880.

Read Mario Toneguzzi’s full article “Home sales, and prices, rise in Calgary” in the Calgary Herald (March 1, 2010).

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