Latest Stats from Calgary Real Estate Board

The last half of 2017 seems to be dragging along. However, compared to the 2016 year, this year is pretty good. Last year, in the 3rd quarter, there were 15 sales in Vulcan County. This year, there were 22. That is a 46% increase year over year. The number of listings in 2016 for the 3rd quarter were 45, compared to 50 this year. That is an 11% increase. Last year there was a 13 month supply of inventory on the market, while in 2017 there was 11.5 month inventory for the same quarter. Average days on market for the 3rd quarter last year was 138, compared to 88 days in the same time frame this year. Nice to see a bit of an improvement, but we should note that we are still trying to get back on our feet when the market took a downturn in the last half of 2013. Maybe this is a sign of good things to come in the new year!