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).