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High River Real Estate and Area Listings
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CALGARY HOME SALES INCREASE FOR SIXTH CONSECUTIVE MONTH
July 2, 2009
The number of
single family homes and condos sold in
June in Calgary metro are both up from the
same time a year ago.
MLS® sales activity of single family
Calgary metro homes was 1,837 in the
month of June 2009, showing an increase
of 16 per cent from 1,584 sales in May
2009, according to figures released by the
Calgary Real Estate Board (CREB®). This
is the sixth consecutive month home sales
have increased in Calgary Metro. This was
an increase of 28 per cent from June 2008,
when single family home sales were 1,439.
The number of condominium sales for the
month of June 2009 was 738, an increase
of 13 per cent from the 653 condominium
transactions recorded in May 2009, and an
increase of 33 per cent from June 2008,
when 556 condominiums changed hands.
“This is the third consecutive month we are
seeing our inventory return to a balanced
market,” says Bonnie Wegerich, President
of the Calgary Real Estate Board. “Our
inventory turnover for single family homes
and condos in metro Calgary is now just
over two months. This is a remarkable shift
from the nearly 11 months of inventory we
saw in January of this year.”
“A rise in demand along with fewer listings
has helped bring supply in balance with
demand,” says Wegerich. “Affordable
prices, low interest rates and pent-up
demand continue, to fuel this gradual
rebound. Should this trend continue, I
think we can confidently say the bottom of
the market has come and gone before many
buyers had a chance to notice.”
The average price of a single family
Calgary metro home in June 2009 was
$447,142, showing an increase of 2 per cent
from May 2009, when the average price
was $436,427, and showing a decrease of 6
per cent from June 2008, when the average
price was $473,774. The average price of a
Calgary metro condominium was $285,595
showing a 4 per cent increase from May
2009, when the average price was $275,212
and a decrease of 9 per cent over last year,
when the average price was $315,042.
Average price information can be useful in
establishing trends over time, but does not
indicate actual prices in centres comprised
of widely divergent neighbourhoods, or
account for price differentials between
geographical areas.
“It is not the buyer’s market we saw in
January of this year. As our inventory
trends lower, choice and selection will
decrease. Nonetheless, there are still great
opportunities out there for buyers,” says
Wegerich.
“The good news is pricing remains
relatively affordable,” says Wegerich. “We
are not liable to see significant price gains
in 2009, but more likely a gradual and
steady improvement in home values.”
Single family Calgary metro new listings
added for the month of June totaled 2,244,
no change from May 2009 when 2,235 new
listings were added, but showing a decrease
of 19 per cent from June 2008, when 2,787
new listings came to the market. Calgary
metro condominium new listings added
in June 2009 were 927, down 7 per cent
from May 2009, when the MLS® saw 998
condo listings coming to the market. This is
a decrease of 25 per cent from June 2008,
when condominium listings were 1,234.
The median price of a single family Calgary
metro home in June 2009 was $399,000,
showing an increase of 2 per cent from May
2009, when the median price was $390,000,
and down 2 per cent from June 2008, when
the median price was $408,000. The
median price of a condominium in June
2009 was $265,500, up 4 per cent from May
2009, when the median was $255,000, and
down 6 per cent from June 2008, when the
median price was $282,000. All Calgary
metro MLS® statistics include properties
listed and sold only within Calgary’s city
limits. The median price is the price that is
midway between the least expensive and
most expensive home sold in an area during
a given period of time. During that time,
half the buyers bought homes that cost
more than the median price and half bought
homes for less than the median price.
“We are encouraged by this upward trend
in sales but there are still some economic
fundamentals needed before we will see a
full recovery in the housing market,” added
Wegerich. “A rebound in employment and
oil prices will have a significant impact
on the housing market in Calgary—we
expect this won’t fully take effect until the
beginning of 2010.”
CREB® is a professional body of 5,142
licensed brokers and registered associates,
representing 256 member offices. 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 www.creb.com.
Welcome to the most comprehensive source for High River real estate agents, developed with the help of top High River and area real estate agents. Start your High River real estate search with the latest High River MLS® listings, view the latest High River House Price Stats and High River mortgage rate information, get High River School information, sell your High River home, view High River district links and much more.
High River Real Estate Listings
Search for Homes & Condos listed for sale on the High River Board's MLS® System using one of our Top Real estate agent websites.
Search for High River Real Estate Listings using interactive maps, provided by licensed real estate agents. Easily locate any High River house or condo listed for sale on the High River Board's MLS® system, with street addresses and even driving directions. IBG has the largest network of High River and area real estate websites with more Exclusive listings than any other local website network.
High River Alberta has recreation opportunities that are staggering. Beautiful parks, active lifestyles and sports teams are a source of pride for many High River Alberta citizens.
High River Parks
High River Alberta has beautiful parks and natural green spaces are well-known throughout Alberta and invite quiet retreats and action packed getaways. A water playground, participark, western ranch and wildlife sanctuary are just some of High River park highlights. Biking, paddling, skating, cross-country skiing, athletics, bird watching, picnics and peaceful walks can all be enjoyed in various parks and facilities along streams, creeks and the High River River.
High River Trails
Within the city of High River, Waskasoo Park offers over 80 kilometers of paved and shale trails along the river valley for a wide variety of recreational pursuits such as cycling, hiking, cross-country skiing and horseback riding.
High River and Area Golf Courses
High River Alberta offers many choices for the golf enthusiast. The River Bend Golf Course is a municipal 18-hole championship caliber golf course in Waskasoo Park. An 18-hole private course bordering the High River River along with three other public courses provide a good variety. Courses at nearby Lacombe, Innisfail, Sylvan Lake and Wolf Creek add to the abundance of golfing opportunities.
High River Recreation Programs
The City of High River, sporting groups, and many community associations, offer a host of recreational opportunities for children and adults alike. Opportunities range from recreational classes and programs, family festivals, sports teams and community groups, and drop-in activities. For more information contact the Recreation, Parks and Culture Department.
High River Museums & Interpretive Centres
The High River and District Museum, Kerry Wood Nature Interpretive Centre, and Fort Normandeau bring a historical and educational perspective to High River and the Central Alberta region together with the recently-opened Alberta Sports Hall of Fame and Museum.
High River Festivals & Events
Westerner Days, High River International Air Show, First Night Celebration, Winter Fest, Heritage Day, Youth Fest, Canada Day, Agri-trade Show, Mayor's Garden Party, World of Women trade show, and the Silver Buckle Rodeo are just some of Central Alberta's family festivals and events. For information on current events in the High River area, check out the High River & Community Events Calendar.
Arts & Culture Facilities & Organizations
The state of the art High River College Arts Centre, The Westerner and many other venues throughout the city offer a variety of live performances including music, drama and dance.
High River Alberta has an abundant arts and culture organizations provide opportunities throughout the community to get involved in a wide range of drama, musical and other cultural pursuits.
High River Restaurants
High River can accommodate almost everyone's entertainment needs. With more than 160 restaurants to choose from you won't be disappointed with your options - you'll find everything from ethnic cuisine to western fare.
Shopping
With major shopping areas on each end of the city and countless shopping opportunities in-between, High River is Central Alberta's shopping centre. You'll enjoy searching for unique treasures in quaint stores and finding great bargains in some of the wholesale shops. The High River Farmer's Market is also a great destination for shoppers and is open to locals and visitors throughout the spring, summer and fall.
High River Real Estate
This High River Real Estate site presents useful information for real estate homebuyers and sellers as well as links to great High River community information and other High River real estate internet sites.
Please try our online High River Home Search and Evaluation services, and search the online High River real estate listings as our guest. Relocating? We would be happy to send you school and community information in addition to the current High River real estate listings and property values. Just click here to use our handy relocation form!
This resource is updated regularly, and whether you are buying or selling real estate properties, this site presents information that is of interest to future and current High River, Alberta area home owners. Your comments and suggestions are welcome! Please visit often.
High River and area Real Estate directory
ATTENTION ALBERTA REAL ESTATE AGENTS
Many thanks to all of the Alberta Real Estate Offices and Independant Agents
that have worked together over the past few years to make this Network of Alberta Real Estate
websites possible. Each office is "Independently owned and operated"
We welcome all of the Real Estate offices and Agents in Alberta wishing
to get involved with this ALBERTA REAL ESTATE NETWORK of more than 20 Alberta websites.
Every agent currently on this network has both their Agent profiles and
Property details displayed on over 20 other high traffic Alberta websites.
IBG has an exclusive Internet Marketing system that now generates over 400,000 unique visitors per month to Alberta. (A very
regional and very targeted audience) All of the offices and Agents are able to update
their own listings daily (many automatically). Our services are available
to Agents in Alberta with personal websites that need more exposure.
Alberta
