Currently Calgary Housing Inventories are low. We have 3362 Calgary listings, 2132 single family homes & 1230 Condo Listings. Historically, the listing count at the end of the year has been as follows:
Dec 31, 2009 - 3258 listings (2054 SF, 1204 Condos)
Dec 31, 2008 – 5723 listings (3860 SF, 1863 Condos)
Dec 31, 2007 – 4899 listings (3364 SF, 1535 Condos)
Dec 31, 2006 – 3614 listings (2623 SF, 991 Condos)
Dec 31, 2005 – 1972 listings (1446 SF, 526 Condos)* spring ’06 was the real estate frenzy
Typically many listings expire at year end. Check out where we were at end of 2005—we started 2006 with well under 1000 total listings. I don’t have an exact count, though I recall searching for properties & the total was in the 600’s! Of course we have more than that now, though still low in a city of over 1 million. 1,107,242 as of July 1, 2006 vs. Edmonton population of 1,050,046 at the same time frame.
Others to note:
Okotoks – 140 Listings
Cochrane – 113 Listings
Strathmore – 128 Listings
Stay warm.