Airdrie, Alberta - - According to statistics released by the Calgary Real Estate Board, the Airdrie Real Estate market ended 2013 with a 14% increase in total MLS® sales over 2012 and a 3.5% increase in average sale price.
"With 2013 being the second straight year of strong gains in the Airdrie real estate market the year ended with the highest average yearly sale price we have ever seen.” stated Sotheby’s International Realty Canada REALTOR® Matt Carre. “2008 was the previous high with an average sale price of $354,000 and 2013’s average reached $357,000.”
Looking at the last month of 2013, in Calgary the average residential sale price dropped slightly to $454,000 compared with $458,000 in November. For Airdrie the average sale price did have a significant decrease to $347,000 compared to $368,000 in November.
There are currently 124 MLS® listings on the market in Airdrie, down from 148 in December. Last month it took an average of 47 days for a home to sell in Airdrie the same as in November. In Calgary the average days on market increased to 46 days compared to 40 in November.
“Heading into 2014 we are firmly entrenched in a seller’s market and with the Calgary Real Estate Board predicting price increases for the upcoming year this will more than likely continue at least though the first half of the year.”
The City of Airdrie has not yet posted housing starts for the month of December. We will post them next month.
