creb monthly regional report - amazon s3 · 2017-07-08 · creb® region summary september 2016...

September 2016

MONTHLY STATISTICS PACKAGE

CREB® Region Report

76%

6%

7%

4%2%2%

3%

SHARE OF SALES September 2016

Calgary

Airdrie

Rocky View Region

Foothills Region

Mountain View Region

Wheatland Region

Other Active Areas

Source: CREB®

REGIONAL HIGHLIGHTSOctober 3, 2016 Slower third quarter detached

sales activity in Airdrie was matched by declines in new listings. This prevented any significant changes to inventory levels or average months of supply. While competition from the new home sector continues to impact the resale market, the downward pressure on prices eased in the third quarter, moving from a 1.38 per cent decline last quarter to 0.70 per cent this quarter. The overall year-to-date average detached benchmark price in Airdrie totaled $386,922, a 2.8 per cent decline over last year.

Elevated supply levels relative to demand continue to place downward pressure on resale pricing in Cochrane. Year-to-date detached benchmark prices averaged $411,244, a 4.1 per cent decline over the previous year.

Despite some recent price pressures, overall detached benchmark prices in Okotoks have shown resiliency by remaining at $443,144, which is similar to last year’s levels. Year-to-date detached homes sales continue to improve following the steep declines recorded last year, but remained below long-term averages for the centre. Meanwhile, new listings in this sector edged down and preventing any further gains in inventories.

*CREB®’s analysis only considers surrounding areas with enough activityto generate the MLS® Home Price Index

Sep. 16

CREB® Calgary Regional Housing Market Statistics 3

CREB® Region Summary

September 2016Sales

New Listings

Sales to New Listings Ratio

InventoryMonths of Supply

Benchmark Price

Average Price

Median Price

Share of Sales Activity

City of Calgary 1,483 2,976 49.83% 5,877 3.96 440,400 491,627 434,000 76%

Airdrie 120 179 67.04% 403 3.36 356,100 365,099 372,000 6%

Rocky View Region 133 253 52.57% 831 6.25 546,300 547,710 461,200 7%

Foothills Region 84 158 53.16% 580 6.90 395,300 483,692 406,500 4%

Mountain View Region 47 87 54.02% 394 8.38 308,100 338,986 285,500 2%

Kneehill Region 8 15 53.33% 79 9.88 - 282,750 249,000 0%

Wheatland Region 30 46 65.22% 177 5.90 204,000 340,063 320,000 2%

Willow Creek Region 14 24 58.33% 101 7.21 - 227,286 229,000 1%

Vulcan Region 5 16 31.25% 70 14.00 - 212,900 210,000 0%

Bighorn Region 24 31 77.42% 83 3.46 - 684,675 564,500 1%

CREB® Economic Region 1,948 3,785 51.47% 8,595 4.41 436,800 480,208 425,000 100%

0

300

600

900

1,200

1,500

1,800

CREB® INVENTORY BY PRICE RANGE

Calgary Airdrie Rocky View Region

Foothills Region Mountain View Region Kneehill Region

Wheatland Region Willow Creek Region Vulcan Region

Bighorn RegionSource: CREB®

SEPTEMBER

Sep. 16

0

100

200

300

400

500

600

CREB® SALES BY PRICE RANGE




Bighorn RegionSource: CREB®

SEPTEMBER

0

5,000

10,000

15,000

20,000

25,000

30,000

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER




Bighorn Region Source: CREB®

CREB® TOTAL SALES: YEAR-TO-DATE

0

10,000

20,000

30,000

40,000

50,000

60,000

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER




Bighorn Region Source: CREB®

CREB® TOTAL NEW LISTINGS: YEAR-TO-DATE


CREB® Region

0

5,000

10,000

15,000

20,000

25,000

30,000

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER

Detached Apartment Semi - Detached

Row 10 Year AverageSource: CREB®

CREB® ECONOMIC REGION TOTAL SALES

425,000

430,000

435,000

440,000

445,000

450,000

455,000

460,000

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16

Inventory Sales Benchmark Price Source: CREB®

CREB® ECONOMIC REGION INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

2011 2012 2013 2014 2015 2016

Months of Supply TrendedSource: CREB®

12 month moving average

CREB® ECONOMIC REGION MONTHS OF INVENTORY

-10%

-5%

0%

5%

10%

15%

2011 2012 2013 2014 2015 2016

Semi Y/Y%change Row Y/Y% change

Apartment Y/Y% change Detached Y/Y% ChangeSource: CREB®

CREB® ECONOMIC REGION PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

550,000

2011 2012 2013 2014 2015 2016

Detached Price Apartment Price

Row Price Semi PriceSource: CREB®

CREB® ECONOMIC REGION PRICES

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

YTD SEPTEMBER

YTD 2013 YTD 2014 YTD 2015 YTD 2016 Source: CREB®

CREB® ECONOMIC REGION TOTAL SALES BY PRICE RANGE

Sep. 16


CREB® Region

TYPICAL HOME ATTRIBUTES - DETACHED HOMES

Gross Living Area (Above Ground) Lot Size

Above Ground Bedrooms Year Built

Full Bathrooms

Half Bathrooms

City of Calgary 1,307 4,854 3 1984 2 1

Airdrie 1,463 4,651 3 1998 2 1

Rural Rocky View 2,130 87,120 3 1991 3 1

Cochrane 1,456 5,740 3 1996 2 1

Chestermere 1,884 5,593 3 2001 2 1

Rural Foothills 1,723 176,418 3 1987 2 0

High River 1,287 5,629 3 1985 2 0

Okotoks 1,454 5,038 3 1997 2 1

Turner Valley 1,215 6,335 3 1981 2 0

Rural Mountain View 1,256 7,393 3 1980 2 0

Carstairs 1,266 6,668 3 1987 2 0

Didsbury 1,189 6,384 3 1978 2 0

Rural Wheatland 1,206 11,335 3 1970 2 0

Strathmore 1,255 5,606 3 1996 2 0

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

Calgary Airdrie RuralRocky View

Chester-mere

Cochrane RuralFoothills

HighRiver

Okotoks TurnerValley

RuralMtn. View

Carstairs Didsbury RuralWheatland

Strathmore

DETACHED BENCHMARK PRICE

Source: CREB®

SEPTEMBER

Sep. 16

-8%

-6%

-4%

-2%

0%

2%

Calgary Airdrie RuralRocky View

Chester-mere

Cochrane RuralFoothills

HighRiver

Okotoks TurnerValley

RuralMtn. View

Carstairs Didsbury RuralWheatland

Strathmore

YEAR OVER YEAR PRICE GROWTH COMPARISONS

Source: CREB®

SEPTEMBER


Calgary CMA

September 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


City of Calgary 1,483 2,976 49.83% 5,877 3.96 440,400 491,627 434,000 85%

Airdrie 120 179 67.04% 403 3.36 356,100 365,099 372,000 7%

Rocky View Region 133 253 52.57% 831 6.25 546,300 547,710 461,200 8%

Calgary CMA 1,736 3,408 50.94% 7,111 4.10 440,500 487,177 430,000 100%

0

200

400

600

800

1,000

1,200

1,400

1,600

CALGARY CMA INVENTORY BY PRICE RANGE


Source: CREB®

SEPTEMBER

Sep. 16

0

50

100

150

200

250

300

350

400

450

CALGARY CMA SALES BY PRICE RANGE


Source: CREB®

SEPTEMBER

0

5,000

10,000

15,000

20,000

25,000

30,000

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER


Source: CREB®

CALGARY CMA SALES: YEAR-TO-DATE

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

45,000

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER


Source: CREB®

CALGARY CMA NEW LISTINGS: YEAR-TO-DATE


Calgary CMA

0

5,000

10,000

15,000

20,000

25,000

30,000

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER



CALGARY CMA TOTAL SALES

430,000

435,000

440,000

445,000

450,000

455,000

460,000

465,000

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16


CALGARY CMA INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

2011 2012 2013 2014 2015 2016



CALGARY CMA MONTHS OF INVENTORY

-10%

-5%

0%

5%

10%

15%

2011 2012 2013 2014 2015 2016



CALGARY CMA PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

550,000

2011 2012 2013 2014 2015 2016



CALGARY CMA PRICES

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000YTD SEPTEMBER

YTD 2013 YTD 2014 YTD 2015 YTD 2016

Source: CREB®

CALGARY CMA TOTAL SALES BY PRICE RANGE

Sep. 16


Airdrie

0

200

400

600

800

1,000

1,200

1,400

1,600

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER



AIRDRIE TOTAL SALES

345,000

350,000

355,000

360,000

365,000

370,000

375,000

-

100

200

300

400

500

600

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16


AIRDRIE INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

2011 2012 2013 2014 2015 2016



AIRDRIE MONTHS OF INVENTORY

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

30%

2011 2012 2013 2014 2015 2016



AIRDRIE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

2011 2012 2013 2014 2015 2016



AIRDRIE PRICES

0

50

100

150

200

250

300

350

400

450

500YTD SEPTEMBER

YTD 2013 YTD 2014 YTD 2015 YTD 2016

Source: CREB®

AIRDRIE TOTAL SALES BY PRICE RANGE

Sep. 16


Rocky View Region

September 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Rocky View Region 133 253 52.57% 831 6.25 546,300 547,710 461,200 100%

Rural Rocky View 25 62 40.32% 270 10.80 971,200 965,936 925,000 19%

Beiseker 0 1 0.00% 8 - - - - 0%

Bragg Creek 5 1 500.00% 10 2.00 - 696,000 615,000 4%

Chestermere 27 45 60.00% 159 5.89 484,100 540,259 510,000 20%

Cochrane 53 104 50.96% 287 5.42 427,400 375,062 365,619 40%

Crossfield 7 16 43.75% 33 4.71 - 377,071 382,000 5%

Irricana 2 4 50.00% 12 6.00 - 242,000 242,000 2%

Langdon 9 14 64.29% 30 3.33 - 465,833 469,000 7%

Redwood Meadows 1 3 33.33% 10 10.00 - 475,700 475,700 1%

Other 4 3 133.33% 12 3.00 - 740,000 827,500 3%

0

50

100

150

200

250

INVENTORY BY PRICE RANGE

Rural Rocky View Cochrane Chestermere

Beiseker Bragg Creek Crossfield

Irricana Langdon Redwood Meadows

Source: CREB®

SEPTEMBER

0

5

10

15

20

25

30

35

SALES BY PRICE RANGE



Irricana Langdon Redwood Meadows

Source: CREB®

SEPTEMBER

Sep. 16

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER



Irricana Langdon Redwood MeadowsSource: CREB®

ROCKY VIEW SALES: YEAR-TO-DATE

0

500

1,000

1,500

2,000

2,500

3,000

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER



Irricana Langdon Redwood MeadowsSource: CREB®

ROCKY VIEW NEW LISTINGS: YEAR-TO-DATE


Cochrane

0

100

200

300

400

500

600

700

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER



COCHRANE TOTAL SALES

380,000

390,000

400,000

410,000

420,000

430,000

440,000

450,000

460,000

-

50

100

150

200

250

300

350

400

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16


COCHRANE INVENTORY AND SALES

-

2

4

6

8

10

12

14

16

2011 2012 2013 2014 2015 2016



COCHRANE MONTHS OF INVENTORY

-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

2011 2012 2013 2014 2015 2016



COCHRANE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

2011 2012 2013 2014 2015 2016



COCHRANE PRICES

0

20

40

60

80

100

120

140

160

180

200YTD SEPTEMBER

YTD 2013 YTD 2014 YTD 2015 YTD 2016

Source: CREB®

COCHRANE TOTAL SALES BY PRICE RANGE

Sep. 16


Chestermere

0

50

100

150

200

250

300

350

400

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER



CHESTERMERE TOTAL SALES

430,000

440,000

450,000

460,000

470,000

480,000

490,000

500,000

510,000

-

50

100

150

200

250

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16


CHESTERMERE INVENTORY AND SALES

-

2

4

6

8

10

12

14

16

2011 2012 2013 2014 2015 2016



CHESTERMERE MONTHS OF INVENTORY

-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

2011 2012 2013 2014 2015 2016



CHESTERMERE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

550,000

600,000

2011 2012 2013 2014 2015 2016



CHESTERMERE PRICES

0

20

40

60

80

100

120

140YTD SEPTEMBER

YTD 2013 YTD 2014 YTD 2015 YTD 2016

Source: CREB®

CHESTERMERE TOTAL SALES BY PRICE RANGE

Sep. 16


Rural Rocky View

0

50

100

150

200

250

300

350

400

450

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER



RURAL ROCKY VIEW TOTAL SALES

820,000

840,000

860,000

880,000

900,000

920,000

940,000

960,000

980,000

1,000,000

1,020,000

-

50

100

150

200

250

300

350

400

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16


RURAL ROCKY VIEW INVENTORY AND SALES

-

10

20

30

40

50

60

2011 2012 2013 2014 2015 2016



RURAL ROCKY VIEW MONTHS OF INVENTORY

-40%

-30%

-20%

-10%

0%

10%

20%

30%

40%

50%

2011 2012 2013 2014 2015 2016



RURAL ROCKY VIEW PRICE CHANGE

100,000

300,000

500,000

700,000

900,000

1,100,000

1,300,000

2011 2012 2013 2014 2015 2016



RURAL ROCKY VIEW PRICES

0

20

40

60

80

100

120

140

160

180

200YTD SEPTEMBER

YTD 2013 YTD 2014 YTD 2015 YTD 2016

Source: CREB®

RURAL ROCKY VIEW TOTAL SALES BY PRICE RANGE

Sep. 16


Foothills Region

September 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Foothills Region 84 158 53.16% 674 8.02 395,300 483,692 406,500 100%

Rural Foothills 14 35 40.00% 165 11.79 666,200 810,200 863,000 17%

Black Diamond 2 2 100.00% 15 7.50 - 417,500 417,500 2%

Blackie 2 2 100.00% 6 3.00 - 320,250 320,250 2%

Cayley 0 2 0.00% 3 - - - - 0%

De Winton 0 1 0.00% 8 - - - - 0%

Heritate Pointe 2 12 16.67% 38 19.00 - 955,250 955,250 2%

High River 15 27 55.56% 122 8.13 337,200 333,520 345,000 18%

Okotoks 43 69 62.32% 187 4.35 438,200 429,012 414,000 51%

Turner Valley 4 6 66.67% 15 3.75 298,200 295,125 305,000 5%

Priddis Greens 2 1 200.00% 9 4.50 - 635,250 635,250 2%

Longview 0 0 - 5 - - - - 0%

Other 0 1 0.00% 12 - - - - 0%

0

20

40

60

80

100

120

140INVENTORY BY PRICE RANGE

Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Other Source: CREB®

SEPTEMBER

0

5

10

15

20

25


Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Other Source: CREB®

SEPTEMBER

Sep. 16

0

200

400

600

800

1,000

1,200

1,400

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER

Okotoks High River Rural Foothills

Heritage Pointe Black Diamond Blackie

Cayley Longview Turner Valley

De Winton Priddis Greens Source: CREB®

FOOTHILLS SALES: YEAR-TO-DATE

0

500

1,000

1,500

2,000

2,500

3,000

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER

Okotoks High River Rural Foothills

Heritage Pointe Black Diamond Blackie

Cayley Longview Turner Valley

De Winton Priddis Greens Source: CREB®

FOOTHILLS NEW LISTINGS: YEAR-TO-DATE


Okotoks

0

100

200

300

400

500

600

700

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER



OKOTOKS TOTAL SALES

415,000

420,000

425,000

430,000

435,000

440,000

445,000

450,000

-

50

100

150

200

250

300

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16


OKOTOKS INVENTORY AND SALES

-

1

2

3

4

5

6

7

8

2011 2012 2013 2014 2015 2016



OKOTOKS MONTHS OF INVENTORY

-40%

-30%

-20%

-10%

0%

10%

20%

30%

40%

2011 2012 2013 2014 2015 2016



OKOTOKS PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

2011 2012 2013 2014 2015 2016



OKOTOKS PRICES

0

50

100

150

200

250YTD SEPTEMBER

YTD 2013 YTD 2014 YTD 2015 YTD 2016

Source: CREB®

OKOTOKS TOTAL SALES BY PRICE RANGE

Sep. 16


Rural Foothills

0

50

100

150

200

250

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER



RURAL FOOTHILLS TOTAL SALES

630,000

640,000

650,000

660,000

670,000

680,000

690,000

700,000

710,000

720,000

730,000

-

50

100

150

200

250

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16


RURAL FOOTHILLS INVENTORY AND SALES

-

5

10

15

20

25

30

2011 2012 2013 2014 2015 2016



RURAL FOOTHILLS MONTHS OF INVENTORY

-10%

-8%

-6%

-4%

-2%

0%

2%

4%

6%

8%

10%

12%

2011 2012 2013 2014 2015 2016



RURAL FOOTHILLS PRICE CHANGE

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

2011 2012 2013 2014 2015 2016



RURAL FOOTHILLS PRICES

0

20

40

60

80

100

120YTD SEPTEMBER

YTD 2013 YTD 2014 YTD 2015 YTD 2016

Source: CREB®

RURAL FOOTHILLS TOTAL SALES BY PRICE RANGE

Sep. 16


Wheatland Region

September 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Wheatland Region* 30 46 65.22% 177 5.90 204,000 340,063 320,000 97%

Rural Wheatland* 6 8 75.00% 32 5.33 203,900 564,167 620,000 20%

Carseland* 1 0 - 2 2.00 - 320,000 320,000 3%

Lyalta* 0 5 0.00% 14 - - - - 0%

Rockyford* 0 0 - 4 - - - - 0%

Strathmore 22 28 78.57% 101 4.59 356,200 293,495 310,000 73%

Gleichen 0 1 0.00% 5 - - - - 0%

Other* 1 5 20.00% 24 24.00 - 40,000 40,000 3%

*Data within these areas many not accurately reflect total resale activity and trends

0

5

10

15

20

25

30

35

40

45


Strathmore Rural Wheatland Carseland

Lyalta Rockyford OtherSource: CREB®

SEPTEMBER

0

1

2

3

4

5

6

7

8

9

10



Lyalta Rockyford OtherSource: CREB®

SEPTEMBER

Sep. 16

0

100

200

300

400

500

600

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER


Lyalta RockyfordSource: CREB®

WHEATLAND SALES: YEAR-TO-DATE

0

100

200

300

400

500

600

700

800

900

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER


Lyalta RockyfordSource: CREB®

WHEATLAND NEW LISTINGS: YEAR-TO-DATE


Strathmore

0

10

20

30

40

50

60

70

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER



STRATHMORE TOTAL SALES

345,000

350,000

355,000

360,000

365,000

370,000

-

20

40

60

80

100

120

140

160

Jul.'15

Aug.'15

Sep.'15

Oct.'15

Nov.'15

Dec.'15

Jan.'16

Feb.'16

Mar.'16

Apr.'16

May.'16

Jun.'16

Jul.'16

Aug.'16

Sep.'16


STRATHMORE INVENTORY AND SALES

-

2

4

6

8

10

12

14

16

18

20

2011 2012 2013 2014 2015 2016



STRATHMORE MONTHS OF INVENTORY

-8%

-6%

-4%

-2%

0%

2%

4%

6%

8%

10%

12%

14%

2011 2012 2013 2014 2015 2016



STRATHMORE PRICE CHANGE

100,000

150,000

200,000

250,000

300,000

350,000

400,000

2011 2012 2013 2014 2015 2016



STRATHMORE PRICES

0

20

40

60

80

100

120

140

160YTD SEPTEMBER

YTD 2013 YTD 2014 YTD 2015 YTD 2016

Source: CREB®

STRATHMORE TOTAL SALES BY PRICE RANGE

Sep. 16


Mountain View Region

September 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Mountain View Region* 47 87 54.02% 394 8.38 308,100 338,986 285,500 100%

Rural Mountain View* 5 24 20.83% 135 27.00 424,800 500,000 490,000 11%

Carstairs 8 17 47.06% 64 8.00 334,400 312,375 345,000 17%

Cremona 1 0 - 3 3.00 - 265,000 265,000 2%

Didsbury 12 13 92.31% 42 3.50 266,000 267,367 243,200 26%

Olds* 15 26 57.69% 96 6.40 306,300 343,335 300,000 32%

Sundre* 6 3 200.00% 46 7.67 284,100 384,983 274,950 13%

Other* 0 4 0.00% 8 - - - - 0%


0

20

40

60

80

100

120


Rural Mountain View Didsbury Olds

Sundre Carstairs Cremona

Other Source: CREB®

SEPTEMBER

0

2

4

6

8

10

12

14

16

18



Sundre Carstairs Cremona

Other Source: CREB®

SEPTEMBER

Sep. 16

0

100

200

300

400

500

600

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER


Sundre Carstairs Cremona Source: CREB®

MOUNTAIN VIEW SALES: YEAR-TO-DATE

0

100

200

300

400

500

600

700

800

900

1,000

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER


Sundre Carstairs Cremona Source: CREB®

MOUNTAIN VIEW NEW LISTINGS: YEAR-TO-DATE


Kneehill Region

September 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Kneehill Region* 8 15 53.33% 79 9.88 - 282,750 249,000 100%

Rural Kneehill* 2 5 40.00% 15 7.50 - 292,000 292,000 25%

Acme* 0 3 0.00% 10 - - - - 0%

Linden* 0 0 - 4 - - - - 0%

Three Hills* 3 3 100.00% 22 7.33 - 342,667 360,000 38%

Torrington* 0 1 0.00% 3 - - - - 0%

Trochu* 3 2 150.00% 18 6.00 - 216,667 240,000 38%

Other* 0 1 0.00% 10 - - - - 0%


0

5

10

15

20

25

30

35

40


Rural Kneehill Three Hills Acme

Linden Trochu OtherSource: CREB®

SEPTEMBER

0

1

2

3

4



Linden Trochu OtherSource: CREB®

SEPTEMBER

Sep. 16

0

10

20

30

40

50

60

70

80

90

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER


Linden Trochu Source: CREB®

KNEEHILL SALES: YEAR-TO-DATE

0

20

40

60

80

100

120

140

160

180

200

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER


Linden Trochu Source: CREB®

KNEEHILL NEW LISTINGS: YEAR-TO-DATE


Willow Creek Region

September 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Willow Creek Region* 14 24 58.33% 101 7.21 - 227,286 229,000 100%

Rural Willow Creek* 1 3 33.33% 11 11.00 - 449,500 449,500 7%

Claresholm* 4 15 26.67% 46 11.50 - 232,625 182,500 29%

Nanton* 5 3 166.67% 24 4.80 - 267,600 260,000 36%

Stavely* 3 1 300.00% 12 4.00 - 113,333 115,000 21%

Other* 1 2 50.00% 8 8.00 - 124,000 124,000 7%


0

5

10

15

20

25

30

35


Rural Willow Creek Claresholm Nanton Stavely Other

Source: CREB®

SEPTEMBER

0

1

2

3

4

5

6

7


Rural Willow Creek Claresholm Nanton Stavely Other

Source: CREB®

SEPTEMBER

Sep. 16

0

20

40

60

80

100

120

140

160

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER

Rural Willow Creek Claresholm Nanton StavelySource: CREB®

WILLOW CREEK SALES: YEAR-TO-DATE

0

50

100

150

200

250

300

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER

Rural Willow Creek Claresholm Nanton StavelySource: CREB®

WILLOW CREEK NEW LISTINGS: YEAR-TO-DATE


Vulcan Region

September 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Vulcan Region* 5 16 31.25% 70 14.00 - 212,900 210,000 100%

Rural Vulcan* 0 5 0.00% 27 - - - - 0%

Vulcan* 3 5 60.00% 23 7.67 - 203,167 210,000 60%

Carmangay* 0 1 0.00% 5 - - - - 0%

Champion* 0 1 0.00% 2 - - - - 0%

Other* 2 4 50.00% 13 6.50 - 227,500 227,500 40%


0

5

10

15

20

25


Rural Vulcan Vulcan Carmangay

Champion OtherSource: CREB®

SEPTEMBER

0

1

2

3


Rural Vulcan Vulcan Carmangay

Champion Other Source: CREB®

SEPTEMBER

Sep. 16

0

10

20

30

40

50

60

70

80

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER

Rural Vulcan Vulcan Carmangay Champion

Source: CREB®

VULCAN SALES: YEAR-TO-DATE

0

20

40

60

80

100

120

140

160

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER

Rural Vulcan Vulcan Carmangay Champion

Source: CREB®

VULCAN NEW LISTINGS: YEAR-TO-DATE


Bighorn Region

September 2016Sales

New Listings



Benchmark Price

Average Price

Median Price


Total Bighorn Region* 24 31 77.42% 83 3.46 - 684,675 564,500 100%

Rural Bighorn* 0 1 0.00% 6 - - - - 0%

Canmore* 24 29 82.76% 70 2.92 - 684,675 564,500 100%

Other* 0 1 0.00% 7 - - - - 0%


0

5

10

15

20

25


Canmore Other Rural Bighorn

Source: CREB®

SEPTEMBER

0

1

2

3

4

5


Canmore Other Rural Bighorn

Source: CREB®

SEPTEMBER

Sep. 16

0

50

100

150

200

250

300

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER

Canmore Rural BighornSource: CREB®

BIGHORN SALES: YEAR-TO-DATE

0

100

200

300

400

500

600

700

800

900

YTD2006

YTD2007

YTD2008

YTD2009

YTD2010

YTD2011

YTD2012

YTD2013

YTD2014

YTD2015

YTD2016

YTD SEPTEMBER

Canmore Rural BighornSource: CREB®

BIGHORN NEW LISTINGS: YEAR-TO-DATE


CREB® Definitions

CREB® REPORTING REGIONS* Data within these areas may not accurately reflect total resale activity and trends. CREB® resale data only includes activity occurring within our membership. For the identified areas, the data could be missing a signification portion of transactions asnot all active Realtors® in the area are a member of the CREB® board.** Resale activity in these areas does not meet the minimum reporting standard.

DEFINITIONSBenchmark Price - Represents the monthly price of the typical home based on its attributes, such as size, location and number of bedrooms.MLS® Home Price Index – changes in home prices by comparing current price levels relative to January 2005 price level. Absorption Rate – refers to the ratio between the amounts of sales occurring in the market relative to the amount of active listings / Inventory. Months of Supply – refers to the ratio between inventory and sales and represents at the current pace of sales how long it would take to sell existing inventory and the current rate of sales. Detached - A unit that is not attached to any other unit.Semi-detached - A single dwelling built as one of a pair that shares one common wall. Row - A single dwelling attached to each other by a common wall with more than two properties in the complex.Attached - Both row and semi-detached properties.Apartment - High-rise and low-rise condominium properties with access through an interior hallway.Total Residential - Includes detached, attached and apartment style properties.Exclusions – Data included in this package do not include activity related to multiple-unit sales, rental, land or leased properties.Rural – Data represents activity occurring within the broader region but not in any specific town/hamlet/village within the region.ABOUT CREB®CREB® is a professional body of more than 5,100 licensed brokers and registered associates, representing 245 member offices. CREB® is dedicated to enhancing the value, integrity and expertise of its REALTOR® members. Our REALTORS® are committed to a high standard of professional conduct, ongoing education, and a strict Code of Ethics and standards of business practice. Any use or reference to CREB® data and statistics must acknowledge CREB® as the source. The board does not generate statistics or analysis of any individual member or company’s market share. All MLS® active listings for Calgary and area may be found on the board’s website at ww.creb.com. CREB® is a registered trademark of the Calgary Real Estate Board Cooperative. The trademarks MLS® and Multiple Listing Service® are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR® and REALTORS® are controlled by CREA and identify real estate professionals who are members of CREA, and subsequently the Alberta Real Estate Association and CREB®, used under licence.

WILLOW CREEK*Rural Willow Creek County*Claresholm*Fort Macleod**Granum**Nanton*Parkland**

BIGHORN*Rural Bighorn M.D.Benchlands**Canmore*Exshaw**Ghost Lake**Harvie Heights**Lac des Arcs**Seebe**Waiparous**

FOOTHILLSRural Foothills M.D.Aldersyde**Black DiamondBlackieCayleyDe WintonHeritage PointeHigh RiverLongview**Millarville**OkotoksPriddis**Priddis GreensTurner Valley

KNEEHILL*Rural Kneehill CountyAcmeCarbon**Huxley**LindenSwalwell**Three HillsTorrington**TrochuWimborne**

MOUNTAIN VIEW*Rural Mountain View CountyBearberry**Bergen**CarstairsCremonaDidsburyEagle Hill**Elkton**Olds*Sundre*Water Valley**Westward Ho**

ROCKY VIEWRural Rocky View CountyBalzac**BeisekerBottrel**Bragg CreekChestermereCochraneCochrane Lake**Conrich**CrossfieldDalemead**Dalroy**Delacour**Indus**IrricanaJanet**Kathyrn**Keoma**LangdonMadden**Redwood Meadows

VULCAN*Rural Vulcan County*Arrowwood**Brand**Carmangay*Champion*Ensign**Herronton**Kirkcaldy**Lomond**Milo**Mossleigh**Queenstown**Shouldice**Travers**

WHEATLAND*Rural Wheatland County*Ardenode**Carseland*Chancellow**Cheadle**Cluny**Dalum**Gleichen**Hussar**Lyalta*Namaka**Rockyford*Rosebud**Standard**

Sep. 16


creb monthly regional report - amazon s3 · 2017-07-08 · creb® region summary september 2016...

Documents