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Karen Jardine
CIR Realty
#100 707 10 Ave SW, Calgary, Alberta
P: 403-874-2712  F: 403-000-0000
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Friday, May 22, 2009 - Months of Inventory/Absorption Rate Update

Dec-08  - 8.8 months of inventory of single family & condos within Calgary's city limits
Jan-09 - 7.7 months of inventory
Feb-09  - 5.5 months of inventory
Mar-09 - 4.2 months of inventory
Apr-09 - 3.3 months of inventory

Today, May-22, we currently have 2.9 months of inventory. Our inventory is shrinking ever so slightly (less than 1%), though sales have increased (~13% over April's numbers). A balanced market is typically 2.5-3.5 months of inventory here in Calgary. We are currently considered in a balanced market.

Call me today to find out all your community market stats.


posted in Listings at Fri, 22 May 2009 19:44:00 +0000



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