2017 Summary of Real Estate Market for Vulcan and Vulcan County

The following information was gathered by the writer. Used sales information from both the Calgary Real Estate Board statistics, as well as from the Alberta Land Titles Registry. This way, sales information also includes properties that were sold through real estate boards other than the Calgary Real Estate Board, as well as private sales. In 2017, there were a total of 52 residential sales (this includes attached and semi-detached homes, and does not include vacant lot sales), resulting in an average sales price of $215,904. Compare those number to the previous year, 2016, where there were 34 residential sales, with an average price of $200,014. Average days on the market for a property to sell in 2017 was 155, according the the Calgary Real Estate Board, while in 2016, the average days on market for a property to sell was 131. The months of July and September saw the largest amount of inventory of properties listed for sale. August and October were the months with the highest number of sales for the 2017 year. In 2017, the price range that had the most residential sales was in the $150,000 to $250,000 mark. Inventory numbers dropped off in December, as several sellers took their properties off the market for the holiday season, and one would guess that these properties will be coming back on the market in the spring.