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April 2020April 2020
MONTHLY STATISTICS PACKAGE
CREB® Region Report
72%
7%
8%
6%
3% 1% 3%
SHARE OF SALES April 2020
Calgary
Airdrie
Rocky View Region
Foothills Region
Mountain ViewRegionWheatland Region
Other Active Areas
Source: CREB®
REGIONAL HIGHLIGHTSMay 1, 2020
Airdrie• Sales in Airdrie slowed to 60 units in
April. This decline in sales was met with a similar decline in new listings, which totalled 107 units. This helped reduce inventory levels, but with 407 units still in inventory, the months of supply rose to nearly seven months.
• Overall, the benchmark price remains comparable to last year. Average prices have declined, but some of this is due to more homes being sold in lower price ranges, as there was a significant decline in sales for homes priced above $500,000.
Cochrane• April sales in Cochrane dropped to
29 units. This is 55 per cent below levels recorded in the previous year. However, new listings also eased. With only 61 new listings in the market, inventories declined to 281 units.
• Prices were easing before social distancing measures were put in place and April’s benchmark price totalled $398,900. This is nearly two per cent lower than last year. However, both the median and average price rose compared to last year. This is likely due to more homes being sold in higher price ranges, as there were no sales recorded in the lowest price range.
Okotoks• Both sales and new listings dropped,
with totals of 17 and 44 units, respectively. Inventory remained well below last year’s levels, but weaker demand pushed up the months of supply to nearly 12 months.
• Prices were trending down from the start of the year, but levels have remained relatively stable compared to the previous year. In April, the benchmark price continued to trend down, totalling $402,300.
Apr. 20
CREB® Calgary Regional Housing Market Statistics 2
CREB® Region Summary
April 2020Sales
New Listings
Sales to New Listings Ratio
InventoryMonths of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
City of Calgary 573 1,425 40.21% 5,565 9.71 415,800 422,655 393,000 72%Airdrie 60 107 56.07% 407 6.78 332,000 359,980 381,250 8%Rocky View Region 66 164 40.24% 794 12.03 516,600 544,116 431,000 8%Foothills Region 47 106 44.34% 553 11.77 356,800 451,887 350,000 6%Mountain View Region 21 35 60.00% 295 14.05 289,800 359,095 315,000 3%Kneehill Region 2 9 22.22% 85 42.50 171,700 320,000 320,000 0%Wheatland Region 8 17 47.06% 209 26.13 212,200 330,625 327,000 1%Willow Creek Region 8 13 61.54% 92 11.50 191,200 235,738 175,000 1%Vulcan Region 4 12 33.33% 71 17.75 221,200 157,250 143,500 1%Bighorn Region 9 30 30.00% 130 14.44 772,400 785,111 745,000 1%CREB® Economic Region 798 1,918 41.61% 8,201 10.28 410,400 427,741 390,000 100%
0
300
600
900
1,200
1,500
1,800
CREB® INVENTORY BY PRICE RANGE
Calgary Airdrie Rocky View RegionFoothills Region Mountain View Region Kneehill RegionWheatland Region Willow Creek Region Vulcan RegionBighorn Region Source: CREB®
APRIL
Apr. 20
0
50
100
150
200
250
CREB® SALES BY PRICE RANGE
Calgary Airdrie Rocky View RegionFoothills Region Mountain View Region Kneehill RegionWheatland Region Willow Creek Region Vulcan RegionBighorn Region
Source: CREB®
APRIL
0
2,000
4,000
6,000
8,000
10,000
12,000
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Calgary Airdrie Rocky View Region
Foothills Region Mountain View Region Kneehill Region
Wheatland Region Willow Creek Region Vulcan Region
Bighorn Region Source: CREB®
CREB® TOTAL SALES: YEAR-TO-DATE
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Calgary Airdrie Rocky View Region
Foothills Region Mountain View Region Kneehill Region
Wheatland Region Willow Creek Region Vulcan Region
Bighorn Region Source: CREB®
CREB® TOTAL NEW LISTINGS: YEAR-TO-DATE
CREB® Calgary Regional Housing Market Statistics 3
CREB® Region
0
2,000
4,000
6,000
8,000
10,000
12,000
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Detached Apartment Semi - Detached
Row 10 Year AverageSource: CREB®
CREB® ECONOMIC REGION TOTAL SALES
404,000
406,000
408,000
410,000
412,000
414,000
416,000
418,000
420,000
422,000
-
2,000
4,000
6,000
8,000
10,000
12,000
Feb.'19
Mar.'19
Apr.'19
May.'19
Jun.'19
Jul.'19
Aug.'19
Sep.'19
Oct.'19
Nov.'19
Dec.'19
Jan.'20
Feb.'20
Mar.'20
Apr.'20
Inventory Sales Benchmark Price Source: CREB®
CREB® ECONOMIC REGION INVENTORY AND SALES
-
2
4
6
8
10
12
2015 2016 2017 2018 2019 2020
Months of Supply TrendedSource: CREB®
12 month moving average
CREB® ECONOMIC REGION MONTHS OF INVENTORY
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
10%
2015 2016 2017 2018 2019 2020
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: 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
2015 2016 2017 2018 2019 2020Detached Price Apartment PriceRow Price Semi Price
Source: CREB®
CREB® ECONOMIC REGION PRICES
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000YTD APRIL
YTD 2017 YTD 2018 YTD 2019 YTD 2020 Source: CREB®
CREB® ECONOMIC REGION TOTAL SALES BY PRICE RANGE
Apr. 20
CREB® Calgary Regional Housing Market Statistics 4
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 1407 4897 3 1992 2 1Airdrie 1435 4596 3 2003 2 1Rural Rocky View 1863 3957 3 1997 2 1Cochrane 1548 5476 3 1999 2 1Chestermere 1909 5519 3 2003 2 1Rural Foothills 1752 Unavailable 3 1995 2 0High River 1341 5646 3 1997 2 0Okotoks 1541 4972 3 2002 2 1Turner Valley 1232 6200 3 1994 2 0Rural Mountain View 1345 6027 3 1989 2 0Carstairs 1335 6504 3 2001 2 0Didsbury 1251 6473 3 1982 2 0Rural Wheatland 1264 6135 3 1979 2 0Strathmore 1302 5562 3 2000 2 0
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
Calgary Airdrie RuralRocky View
Chester-mere
Cochrane RuralFoothills
HighRiver
Okotoks TurnerValley
RuralMtn. View
Carstairs Didsbury RuralWheatland
Strathmore
DETACHED BENCHMARK PRICE
Source: CREB®
APRIL
Apr. 20
-6%
-4%
-2%
0%
2%
4%
6%
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®
APRIL
CREB® Calgary Regional Housing Market Statistics 5
Calgary CMA
April 2020Sales
New Listings
Sales to New Listings Ratio
InventoryMonths of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
City of Calgary 573 1,425 40.21% 5,565 9.71 415,800 422,655 393,000 82%Airdrie 60 107 56.07% 407 6.78 332,000 359,980 381,250 9%Rocky View Region 66 164 40.24% 794 12.03 516,600 544,116 431,000 9%Calgary CMA 699 1,696 41.21% 6,766 9.68 414,900 428,743 395,000 100%
0
200
400
600
800
1,000
1,200
1,400
CALGARY CMA INVENTORY BY PRICE RANGE
Calgary Airdrie Rocky View Region
Source: CREB®
APRIL
Apr. 20
0
20
40
60
80
100
120
140
160
180
200
CALGARY CMA SALES BY PRICE RANGE
Calgary Airdrie Rocky View Region
Source: CREB®
APRIL
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Calgary Airdrie Rocky View RegionSource: CREB®
CALGARY CMA SALES: YEAR-TO-DATE
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Calgary Airdrie Rocky View Region
Source: CREB®
CALGARY CMA NEW LISTINGS: YEAR-TO-DATE
CREB® Calgary Regional Housing Market Statistics 6
Calgary CMA
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Detached Apartment Semi - DetachedRow 10 Year Average
Source: CREB®
CALGARY CMA TOTAL SALES
410,000
412,000
414,000
416,000
418,000
420,000
422,000
424,000
426,000
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
Feb.'19
Mar.'19
Apr.'19
May.'19
Jun.'19
Jul.'19
Aug.'19
Sep.'19
Oct.'19
Nov.'19
Dec.'19
Jan.'20
Feb.'20
Mar.'20
Apr.'20
Inventory Sales Benchmark Price Source: CREB®
CALGARY CMA INVENTORY AND SALES
-
2
4
6
8
10
12
2015 2016 2017 2018 2019 2020
Months of Supply TrendedSource: CREB®
12 month moving average
CALGARY CMA MONTHS OF INVENTORY
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
10%
2015 2016 2017 2018 2019 2020
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
CALGARY CMA PRICE CHANGE
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
500,000
550,000
2015 2016 2017 2018 2019 2020Detached Price Apartment PriceRow Price Semi Price
Source: CREB®
CALGARY CMA PRICES
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800YTD APRIL
YTD 2017 YTD 2018 YTD 2019 YTD 2020Source: CREB®
CALGARY CMA TOTAL SALES BY PRICE RANGE
Apr. 20
CREB® Calgary Regional Housing Market Statistics 7
Airdrie
0
100
200
300
400
500
600
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Detached Apartment Semi - DetachedRow 10 Year Average
Source: CREB®
AIRDRIE TOTAL SALES
322,000
324,000
326,000
328,000
330,000
332,000
334,000
336,000
338,000
-
100
200
300
400
500
600
Feb.'19
Mar.'19
Apr.'19
May.'19
Jun.'19
Jul.'19
Aug.'19
Sep.'19
Oct.'19
Nov.'19
Dec.'19
Jan.'20
Feb.'20
Mar.'20
Apr.'20
Inventory Sales Benchmark Price Source: CREB®
AIRDRIE INVENTORY AND SALES
-
1
2
3
4
5
6
7
8
9
2015 2016 2017 2018 2019 2020
Months of Supply TrendedSource: CREB®
12 month moving average
AIRDRIE MONTHS OF INVENTORY
-20%
-15%
-10%
-5%
0%
5%
10%
15%
20%
25%
2015 2016 2017 2018 2019 2020
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
AIRDRIE PRICE CHANGE
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
2015 2016 2017 2018 2019 2020Detached Price Apartment PriceRow Price Semi Price
Source: CREB®
AIRDRIE PRICES
0
20
40
60
80
100
120
140
160YTD APRIL
YTD 2017 YTD 2018 YTD 2019 YTD 2020Source: CREB®
AIRDRIE TOTAL SALES BY PRICE RANGE
Apr. 20
CREB® Calgary Regional Housing Market Statistics 8
Rocky View Region
April 2020Sales New
ListingsSales to New Listings Ratio
Inventory Months of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
Total Rocky View Region 66 164 40.24% 794 12.03 516,600 544,116 431,000 100%Rural Rocky View 14 44 31.82% 270 19.29 782,100 882,554 850,250 21%Beiseker 0 0 - 10 - - NA NA 0%Bragg Creek 1 1 100.00% 14 14.00 - 896,000 896,000 2%Chestermere 14 32 43.75% 127 9.07 452,100 566,827 438,500 21%Cochrane 29 61 47.54% 281 9.69 398,900 416,400 367,500 44%Crossfield 3 13 23.08% 37 12.33 - 258,000 350,000 5%Irricana 2 2 100.00% 10 5.00 - 235,450 235,450 3%Langdon 3 10 30.00% 33 11.00 - 467,933 425,000 5%Redwood Meadows 0 1 0.00% 4 - - NA NA 0%
Other 0 0 - 8 - - NA NA 0%
0
20
40
60
80
100
120
140
160
180
200INVENTORY BY PRICE RANGE
Rural Rocky View Cochrane Chestermere
Beiseker Bragg Creek Crossfield
Irricana Langdon Redwood MeadowsSource: CREB®
APRIL
0
2
4
6
8
10
12
14
16
18SALES BY PRICE RANGE
Rural Rocky View Cochrane Chestermere
Beiseker Bragg Creek Crossfield
Irricana Langdon Redwood MeadowsSource: CREB®
APRIL
Apr. 20
0
100
200
300
400
500
600
700
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Rural Rocky View Cochrane Chestermere
Beiseker Bragg Creek Crossfield
Irricana Langdon Redwood MeadowsSource: CREB®
ROCKY VIEW SALES: YEAR-TO-DATE
0
200
400
600
800
1,000
1,200
1,400
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Rural Rocky View Cochrane Chestermere
Beiseker Bragg Creek Crossfield
Irricana Langdon Redwood MeadowsSource: CREB®
ROCKY VIEW NEW LISTINGS: YEAR-TO-DATE
CREB® Calgary Regional Housing Market Statistics 9
Cochrane
0
50
100
150
200
250
300
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Detached Apartment Semi - DetachedRow 10 Year Average
Source: CREB®
COCHRANE TOTAL SALES
375,000
380,000
385,000
390,000
395,000
400,000
405,000
410,000
-
50
100
150
200
250
300
350
400
Feb.'19
Mar.'19
Apr.'19
May.'19
Jun.'19
Jul.'19
Aug.'19
Sep.'19
Oct.'19
Nov.'19
Dec.'19
Jan.'20
Feb.'20
Mar.'20
Apr.'20
Inventory Sales Benchmark Price Source: CREB®
COCHRANE INVENTORY AND SALES
-
2
4
6
8
10
12
14
16
2015 2016 2017 2018 2019 2020
Months of Supply TrendedSource: CREB®
12 month moving average
COCHRANE MONTHS OF INVENTORY
-15%
-10%
-5%
0%
5%
10%
15%
2015 2016 2017 2018 2019 2020
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
COCHRANE PRICE CHANGE
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
500,000
2015 2016 2017 2018 2019 2020Detached Price Apartment PriceRow Price Semi Price
Source: CREB®
COCHRANE PRICES
0
10
20
30
40
50
60
70
80YTD APRIL
YTD 2017 YTD 2018 YTD 2019 YTD 2020Source: CREB®
COCHRANE TOTAL SALES BY PRICE RANGE
Apr. 20
CREB® Calgary Regional Housing Market Statistics 10
Chestermere
0
20
40
60
80
100
120
140
160
180
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Detached Apartment Semi - DetachedRow 10 Year Average
Source: CREB®
CHESTERMERE TOTAL SALES
430,000
435,000
440,000
445,000
450,000
455,000
460,000
465,000
-
50
100
150
200
250
Feb.'19
Mar.'19
Apr.'19
May.'19
Jun.'19
Jul.'19
Aug.'19
Sep.'19
Oct.'19
Nov.'19
Dec.'19
Jan.'20
Feb.'20
Mar.'20
Apr.'20
Inventory Sales Benchmark Price Source: CREB®
CHESTERMERE INVENTORY AND SALES
-
2
4
6
8
10
12
14
16
2015 2016 2017 2018 2019 2020
Months of Supply TrendedSource: CREB®
12 month moving average
CHESTERMERE MONTHS OF INVENTORY
-15%
-10%
-5%
0%
5%
10%
15%
2015 2016 2017 2018 2019 2020
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
CHESTERMERE PRICE CHANGE
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
500,000
550,000
2015 2016 2017 2018 2019 2020Detached Price Apartment PriceRow Price Semi Price
Source: CREB®
CHESTERMERE PRICES
0
5
10
15
20
25
30
35YTD APRIL
YTD 2017 YTD 2018 YTD 2019 YTD 2020Source: CREB®
CHESTERMERE TOTAL SALES BY PRICE RANGE
Apr. 20
CREB® Calgary Regional Housing Market Statistics 11
Rural Rocky View
0
20
40
60
80
100
120
140
160
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Detached Apartment Semi - DetachedRow 10 Year Average
Source: CREB®
RURAL ROCKY VIEW TOTAL SALES
740,000
750,000
760,000
770,000
780,000
790,000
800,000
-
50
100
150
200
250
300
350
400
450
Feb.'19
Mar.'19
Apr.'19
May.'19
Jun.'19
Jul.'19
Aug.'19
Sep.'19
Oct.'19
Nov.'19
Dec.'19
Jan.'20
Feb.'20
Mar.'20
Apr.'20
Inventory Sales Benchmark Price Source: CREB®
RURAL ROCKY VIEW INVENTORY AND SALES
-
10
20
30
40
50
60
2015 2016 2017 2018 2019 2020
Months of Supply TrendedSource: CREB®
12 month moving average
RURAL ROCKY VIEW MONTHS OF INVENTORY
-20%
-15%
-10%
-5%
0%
5%
10%
15%
2015 2016 2017 2018 2019 2020
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
RURAL ROCKY VIEW PRICE CHANGE
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
1,000,000
2015 2016 2017 2018 2019 2020Detached Price Apartment PriceRow Price Semi Price
Source: CREB®
RURAL ROCKY VIEW PRICES
0
5
10
15
20
25
30
35
40
45YTD APRIL
YTD 2017 YTD 2018 YTD 2019 YTD 2020Source: CREB®
RURAL ROCKY VIEW TOTAL SALES BY PRICE RANGE
Apr. 20
CREB® Calgary Regional Housing Market Statistics 12
Foothills Region
April 2020Sales
New Listings
Sales to New Listings Ratio
InventoryMonths of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
Total Foothills Region 47 106 44.34% 674 14.34 356,800 451,887 350,000 100%Rural Foothills 11 10 110.00% 136 12.36 432,800 878,227 670,000 23%Black Diamond 1 9 11.11% 23 23.00 - 124,500 124,500 2%Blackie 2 1 200.00% 9 4.50 - 207,250 207,250 4%Cayley 1 3 33.33% 9 9.00 - 197,500 197,500 2%De Winton 0 0 - 7 - - NA NA 0%Heritate Pointe 1 6 16.67% 32 32.00 - 560,000 560,000 2%High River 12 27 44.44% 103 8.58 301,600 283,283 292,000 26%Okotoks 17 44 38.64% 198 11.65 402,300 380,082 350,000 36%Turner Valley 2 1 200.00% 16 8.00 277,400 210,450 210,450 4%Priddis Greens 0 2 0.00% 9 - - NA NA 0%Longview 0 0 - 1 - - NA NA 0%Other 0 3 0.00% 11 - - NA NA 0%
0102030405060708090
100INVENTORY BY PRICE RANGE
Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Other Source: CREB®
APRIL
0
2
4
6
8
10
12SALES BY PRICE RANGE
Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Other Source: CREB®
APRIL
Apr. 20
0
50
100
150
200
250
300
350
400
450
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Source: CREB®
FOOTHILLS SALES: YEAR-TO-DATE
0
200
400
600
800
1,000
1,200
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Okotoks High River Rural FoothillsHeritage Pointe Black Diamond BlackieCayley Longview Turner ValleyDe Winton Priddis Greens Source: CREB®
FOOTHILLS NEW LISTINGS: YEAR-TO-DATE
CREB® Calgary Regional Housing Market Statistics 13
Okotoks
0
50
100
150
200
250
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Detached Apartment Semi - DetachedRow 10 Year Average
Source: CREB®
OKOTOKS TOTAL SALES
390,000
395,000
400,000
405,000
410,000
415,000
420,000
-
50
100
150
200
250
300
Feb.'19
Mar.'19
Apr.'19
May.'19
Jun.'19
Jul.'19
Aug.'19
Sep.'19
Oct.'19
Nov.'19
Dec.'19
Jan.'20
Feb.'20
Mar.'20
Apr.'20
Inventory Sales Benchmark Price Source: CREB®
OKOTOKS INVENTORY AND SALES
-
2
4
6
8
10
12
14
16
2015 2016 2017 2018 2019 2020
Months of Supply TrendedSource: CREB®
12 month moving average
OKOTOKS MONTHS OF INVENTORY
-10%
-5%
0%
5%
10%
15%
2015 2016 2017 2018 2019 2020
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
OKOTOKS PRICE CHANGE
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
500,000
2015 2016 2017 2018 2019 2020Detached Price Apartment PriceRow Price Semi Price
Source: CREB®
OKOTOKS PRICES
0
10
20
30
40
50
60
70YTD APRIL
YTD 2017 YTD 2018 YTD 2019 YTD 2020Source: CREB®
OKOTOKS TOTAL SALES BY PRICE RANGE
Apr. 20
CREB® Calgary Regional Housing Market Statistics 14
Rural Foothills
0
10
20
30
40
50
60
70
80
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Detached Apartment Semi - DetachedRow 10 Year Average
Source: CREB®
RURAL FOOTHILLS 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
Feb.'19
Mar.'19
Apr.'19
May.'19
Jun.'19
Jul.'19
Aug.'19
Sep.'19
Oct.'19
Nov.'19
Dec.'19
Jan.'20
Feb.'20
Mar.'20
Apr.'20
Inventory Sales Benchmark Price Source: CREB®
RURAL FOOTHILLS INVENTORY AND SALES
-
10
20
30
40
50
60
2015 2016 2017 2018 2019 2020
Months of Supply TrendedSource: CREB®
12 month moving average
RURAL FOOTHILLS MONTHS OF INVENTORY
-15%
-10%
-5%
0%
5%
10%
15%
20%
2015 2016 2017 2018 2019 2020
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
RURAL FOOTHILLS PRICE CHANGE
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
500,000
2015 2016 2017 2018 2019 2020Detached Price Apartment PriceRow Price Semi Price
Source: CREB®
RURAL FOOTHILLS PRICES
0
5
10
15
20
25
30YTD APRIL
YTD 2017 YTD 2018 YTD 2019 YTD 2020Source: CREB®
RURAL FOOTHILLS TOTAL SALES BY PRICE RANGE
Apr. 20
CREB® Calgary Regional Housing Market Statistics 15
Wheatland Region
April 2020Sales New
ListingsSales to New Listings Ratio
Inventory Months of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
Total Wheatland Region* 8 17 47.06% 209 26.13 212,200 330,625 327,000 88%Rural Wheatland* 0 1 0.00% 42 - 212,200 NA NA 0%Carseland* 0 0 - 2 - - NA NA 0%Lyalta* 0 0 - 9 - - NA NA 0%Rockyford* 0 0 - 3 - - NA NA 0%Strathmore 7 15 46.67% 136 19.43 329,400 294,643 319,000 88%Gleichen 0 0 - 2 - - NA NA 0%
Other* 1 1 100.00% 17 17.00 - 582,500 582,500 13%
*Data within these areas many not accurately reflect total resale activity and trends
0
10
20
30
40
50
60
INVENTORY BY PRICE RANGE
Strathmore Rural Wheatland Carseland
Lyalta Rockyford OtherSource: CREB®
APRIL
0
1
1
2
2
3
3
4
4
5
SALES BY PRICE RANGE
Strathmore Rural Wheatland Carseland
Lyalta Rockyford OtherSource: CREB®
APRIL
Apr. 20
0
20
40
60
80
100
120
140
160
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Strathmore Rural Wheatland Carseland
Lyalta RockyfordSource: CREB®
WHEATLAND SALES: YEAR-TO-DATE
0
50
100
150
200
250
300
350
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Strathmore Rural Wheatland Carseland
Lyalta RockyfordSource: CREB®
WHEATLAND NEW LISTINGS: YEAR-TO-DATE
CREB® Calgary Regional Housing Market Statistics 16
Strathmore
0
20
40
60
80
100
120
140
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Detached Apartment Semi - DetachedRow 10 Year Average
Source: CREB®
STRATHMORE TOTAL SALES
315,000
320,000
325,000
330,000
335,000
340,000
345,000
-
20
40
60
80
100
120
140
160
180
200
Feb.'19
Mar.'19
Apr.'19
May.'19
Jun.'19
Jul.'19
Aug.'19
Sep.'19
Oct.'19
Nov.'19
Dec.'19
Jan.'20
Feb.'20
Mar.'20
Apr.'20
Inventory Sales Benchmark Price Source: CREB®
STRATHMORE INVENTORY AND SALES
-
5
10
15
20
25
2015 2016 2017 2018 2019 2020
Months of Supply TrendedSource: CREB®
12 month moving average
STRATHMORE MONTHS OF INVENTORY
-15%
-10%
-5%
0%
5%
10%
15%
2015 2016 2017 2018 2019 2020
Semi Y/Y%change Row Y/Y% changeApartment Y/Y% change Detached Y/Y% Change
Source: CREB®
STRATHMORE PRICE CHANGE
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
2015 2016 2017 2018 2019 2020Detached Price Apartment PriceRow Price Semi Price
Source: CREB®
STRATHMORE PRICES
0
5
10
15
20
25
30
35
40YTD APRIL
YTD 2017 YTD 2018 YTD 2019 YTD 2020Source: CREB®
STRATHMORE TOTAL SALES BY PRICE RANGE
Apr. 20
CREB® Calgary Regional Housing Market Statistics 17
Mountain View Region
April 2020Sales New
ListingsSales to New Listings Ratio
Inventory Months of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
Total Mountain View Region* 21 35 60.00% 295 14.05 289,800 359,095 315,000 100%Rural Mountain View* 4 7 57.14% 69 17.25 250,000 609,000 488,000 19%Carstairs 4 9 44.44% 62 15.50 309,700 382,500 382,500 19%Cremona 0 1 0.00% 4 - - NA NA 0%Didsbury 9 5 180.00% 29 3.22 282,400 282,611 300,000 43%Olds* 3 10 30.00% 85 28.33 320,200 301,833 240,000 14%Sundre* 1 2 50.00% 42 42.00 254,000 126,000 126,000 5%
Other* 0 1 0.00% 4 - - NA NA 0%
*Data within these areas many not accurately reflect total resale activity and trends
0
10
20
30
40
50
60
70
80
INVENTORY BY PRICE RANGE
Rural Mountain View Didsbury Olds
Sundre Carstairs Cremona
Other Source: CREB®
APRIL
0
1
2
3
4
5
6
7
8
SALES BY PRICE RANGE
Rural Mountain View Didsbury Olds
Sundre Carstairs Cremona
Other Source: CREB®
APRIL
Apr. 20
0
20
40
60
80
100
120
140
160
180
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Rural Mountain View Didsbury Olds
Sundre Carstairs Cremona Source: CREB®
MOUNTAIN VIEW SALES: YEAR-TO-DATE
0
50
100
150
200
250
300
350
400
450
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Rural Mountain View Didsbury Olds
Sundre Carstairs Cremona Source: CREB®
MOUNTAIN VIEW NEW LISTINGS: YEAR-TO-DATE
CREB® Calgary Regional Housing Market Statistics 18
Kneehill Region
April 2020Sales New
ListingsSales to New Listings Ratio
Inventory Months of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
Total Kneehill Region* 2 9 22.22% 85 42.50 171,700 320,000 320,000 100%Rural Kneehill* 1 4 25.00% 13 13.00 171,700 360,000 360,000 50%Acme* 1 0 - 1 1.00 - 280,000 280,000 50%Linden* 0 0 - 9 - - NA NA 0%Three Hills* 0 4 0.00% 28 - - NA NA 0%Torrington* 0 0 - 2 - - NA NA 0%Trochu* 0 1 0.00% 21 - - NA NA 0%
Other* 0 0 - 13 - - NA NA 0%
*Data within these areas many not accurately reflect total resale activity and trends
0
5
10
15
20
25
30
35
INVENTORY BY PRICE RANGE
Rural Kneehill Three Hills Acme
Linden Trochu Other Source: CREB®
APRIL
0
1
2
SALES BY PRICE RANGE
Rural Kneehill Three Hills Acme
Linden Trochu Other Source: CREB®
APRIL
Apr. 20
0
5
10
15
20
25
30
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Rural Kneehill Three Hills Acme
Linden Trochu Source: CREB®
KNEEHILL SALES: YEAR-TO-DATE
0
10
20
30
40
50
60
70
80
90
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Rural Kneehill Three Hills Acme
Linden Trochu Source: CREB®
KNEEHILL NEW LISTINGS: YEAR-TO-DATE
CREB® Calgary Regional Housing Market Statistics 19
Willow Creek Region
April 2020Sales New
ListingsSales to New Listings Ratio
Inventory Months of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
Total Willow Creek Region* 8 13 61.54% 92 11.50 191,200 235,738 175,000 100%Rural Willow Creek* 1 4 25.00% 21 21.00 190,700 530,000 530,000 13%Claresholm* 5 5 100.00% 32 6.40 - 204,780 165,000 63%Nanton* 1 4 25.00% 30 30.00 - 185,000 185,000 13%Stavely* 1 0 - 9 9.00 - 147,000 147,000 13%
Other* 0 0 - 0 - - NA NA 0%
*Data within these areas many not accurately reflect total resale activity and trends
0
5
10
15
20
25
30
35
INVENTORY BY PRICE RANGE
Rural Willow Creek Claresholm Nanton Stavely Other
Source: CREB®
APRIL
0
1
2
3
4
5
6
SALES BY PRICE RANGE
Rural Willow Creek Claresholm Nanton Stavely Other
Source: CREB®
APRIL
Apr. 20
0
5
10
15
20
25
30
35
40
45
50
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Rural Willow Creek Claresholm Nanton StavelySource: CREB®
WILLOW CREEK SALES: YEAR-TO-DATE
0
20
40
60
80
100
120
140
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Rural Willow Creek Claresholm Nanton StavelySource: CREB®
WILLOW CREEK NEW LISTINGS: YEAR-TO-DATE
CREB® Calgary Regional Housing Market Statistics 20
Vulcan Region
April 2020Sales New
ListingsSales to New Listings Ratio
Inventory Months of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
Total Vulcan Region* 4 12 33.33% 71 17.75 221,200 157,250 143,500 100%Rural Vulcan* 2 5 40.00% 27 13.50 - 132,000 132,000 50%Vulcan* 1 5 20.00% 30 30.00 - 218,000 218,000 25%Carmangay* 0 1 0.00% 2 - - NA NA 0%Champion* 0 1 0.00% 6 - - NA NA 0%
Other* 1 0 - 6 6.00 - 147,000 147,000 25%
*Data within these areas many not accurately reflect total resale activity and trends
0
5
10
15
20
25
INVENTORY BY PRICE RANGE
Rural Vulcan Vulcan Carmangay
Champion Other Source: CREB®
APRIL
0
1
2
3
4
SALES BY PRICE RANGE
Rural Vulcan Vulcan Carmangay
Champion Other Source: CREB®
APRIL
Apr. 20
0
5
10
15
20
25
30
35
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Rural Vulcan Vulcan Carmangay Champion
Source: CREB®
VULCAN SALES: YEAR-TO-DATE
0
10
20
30
40
50
60
70
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Rural Vulcan Vulcan Carmangay Champion
Source: CREB®
VULCAN NEW LISTINGS: YEAR-TO-DATE
CREB® Calgary Regional Housing Market Statistics 21
Bighorn Region
April 2020Sales New
ListingsSales to New Listings Ratio
Inventory Months of Supply
Benchmark Price
Average Price
Median Price
Share of Sales Activity
Total Bighorn Region* 9 30 30.00% 130 14.44 772,400 785,111 745,000 100%Rural Bighorn* 0 2 0.00% 8 - - NA NA 0%Canmore* 8 25 32.00% 106 13.25 - 831,375 784,500 89%
Other* 1 3 33.33% 16 16.00 - 415,000 415,000 11%
*Data within these areas many not accurately reflect total resale activity and trends
0
5
10
15
20
25
30
35
40
45
INVENTORY BY PRICE RANGE
Canmore Other Rural Bighorn
Source: CREB®
APRIL
0
1
2
3
4
SALES BY PRICE RANGE
Canmore Other Rural Bighorn
Source: CREB®
APRIL
Apr. 20
0
10
20
30
40
50
60
70
80
90
100
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Canmore Rural BighornSource: CREB®
BIGHORN SALES: YEAR-TO-DATE
0
50
100
150
200
250
300
350
YTD2010
YTD2011
YTD2012
YTD2013
YTD2014
YTD2015
YTD2016
YTD2017
YTD2018
YTD2019
YTD2020
YTD APRIL
Canmore Rural BighornSource: CREB®
BIGHORN NEW LISTINGS: YEAR-TO-DATE
CREB® Calgary Regional Housing Market Statistics 22
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**
Apr. 20
CREB® Calgary Regional Housing Market Statistics 23