Calgary condo sales Photo: Government of Alberta/Alberta

Calgary’s resale housing market in September nearly broke the all-time sales high for the month.

According to preliminary, unofficial data from the Calgary Real Estate Board, a total of 2,148 homes changed hands on the Multiple Listing Service last month, up 11.93 per cent from a year ago and just 49 transactions shy of matching the September record of 2,197, set in 2005.

As was the case in August, the increase in sales can largely be attributed to the condo and townhome markets, which saw transactions rise 33.33 per cent and 30.33 per cent respectively year-over-year. Single-family home sales, meanwhile, climbed 3.48 per cent compared to the same month last year.

 


Median house prices were also up across the board, hitting $425,000 for all housing types (up 5.59 per cent from a year ago), $488,750 for single-family homes (up 8.61 per cent), $294,750 for condos (up 7.77 per cent), and $330,000 for townhomes (up 6.80 per cent).

 

The CREB data also tells us that more people are putting their homes on the market — new listings rose 16.72 per cent from 2,793 in September 2013 to 3,260 last month — and that they’re staying up there, on average, for a little over a month — number of days on the market fell from 36 a year ago to 35 in September.

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