CREB Housing Statistics, January - October 2024

by Ed Black

As we get close to wrapping up the end of the year, I find it interesting to look back at the housing statistics for the year so far and I figure you might be interested in seeing it as well.
 
Here are some take-aways from the data below:
 
From January 2024 to October 2024, there have been 23,903 homes sold and 33,733 homes listed. The average monthly inventory available over these 10 months was 3561, with the average days on the market being 24.8.
             
             
Month Benchmark Price Sales New Listings Inventory Months of Supply Days on Market
January $572,300 1650 2137 2150 1.3 34
February $585,000 2135 2711 2355 1.1 24
March $597,600 2664 3172 2532 0.95 20
April $603,700 2881 3491 2711 0.94 20
May $605,300 3092 4333 3402 1.1 19
June $608,000 2738 3798 3787 1.38 20
July $606,700 2380 3604 4158 1.75 24
August $601,800 2186 3536 4487 2.05 27
September $596,000 2003 3687 5064 2.53 28
October $592,500 2174 3264 4966 2.28 32
November n/a n/a n/a n/a n/a n/a
December n/a n/a n/a n/a n/a n/a
Source: https://www.creb.com/News/CREBNow/
 
For those visual learners out there, here are some graphs to look at:
 
Benchmark Price Trends of Calgary Homes, 2024, January through October
Number of Sales on a Given Month in Calgary, January - October 2024Number of Homes Listed Per Month in Calgary, January to October 2024Inventory  in Calgary, January to October 2024Months of Supply in Calgary, January to October 2024Days on Market Before Sold  in Calgary, January to October 2024

In January 2025, I will revisit this post and update it with the rest of the data from the year for those who find this information as fascinating as I do. 

For questions about buying or selling real estate, contact Ed Black today at (403) 830-8510.

Ed Black
REALTOR®

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