McKenzie Lake Real Estate Stats Dec 16 - Jan 6
Happy New Year and welcome to 2009! I am lumping together all of the statistics over the holidays from December 16 - January 6.
As I mentioned in my previous post listing numbers were starting to come down the end of December and we are now at a total of 5,791 listings for both condo’s and houses for all of Calgary. To put it in perspective in June of 2008 we were sitting around 10,800 listings and in November we were at 7,500 so we are slowly beginning to see inventory in Calgary come to more reasonable levels. It will be interesting to see what happens over the next few weeks as the new year kicks in and people start moving in the real estate market so stay tuned on where listings start heading.
Now for McKenzie Lake in the past 3 weeks we have come down a total of 10 listings when taking into account sales, pending sales, expired listings and new listings. There was some strong activity over the past 3 weeks with a total of 11% of all listings selling which when compared to 4% a month ago is a good gain and also it is above the Calgary total of 6% of listings to sell in the same time period.
Total Active Listings for McKenzie Lake is 54 including both single family houses and condos.
Here is a breakdown of activity for December 16 - January 6
|
Single Family |
Condo |
|
|
Total Listings |
50 |
4 |
|
New Listings |
2 |
0 |
|
Re-Listed |
6 |
0 |
|
Expired |
13 |
0 |
|
Terminated |
0 |
0 |
|
Pending Sales |
1 |
1 |
|
Sold |
5 |
1 |
A Summary of Sold Listings McKenzie Lake December 16 - January 6
1 condo sold for $250,000 which was 96% of list price in 73 days.
|
High Sold Price |
$ 800,000 |
|
Low Sold Price |
$ 346,000 |
|
Average Sold Price |
$ 530,700 |
|
Median Sold Price |
$ 400,000 |
|
Average Days on Market |
82 |
|
Average Sold Price to List Price |
94% |
McKenzie Lake Listings December 16 - January 6
|
Single Family |
Condos |
|
|
High List Price |
$2,390,000 |
$ 429,900 |
|
Low List Price |
$ 289,900 |
$ 274,000 |
|
Average List Price |
$ 600,783 |
$ 347,475 |
|
Median List Price |
$ 439,350 |
$ 343,000 |
For more information on McKenzie Lake or the Calgary Real Estate market please contact your McKenzie Lake Realtor, Lina Horner anytime at (403) 923-7237 or at homes@linahorner.com
