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Tuesday, January 8, 2019

Summary of 2018 Residential Real Estate Market for Vulcan and County

According to the Calgary Real Estate Board statistics, the Vulcan Region (Town of Vulcan and County) had 56 sales in 2018 and 161 listings. This is an average of 22.18 months of inventory. The average property that sold spent 118 days on the market, with an average sale price of $222,181. Now that includes sales in the Town of Vulcan, the surrounding villages, acreages, and land. From the information that I have compiled through the SPIN 2 government website, I have compiled the sales, both on MLS and private sales, and have ended up with the following regarding the Town of Vulcan. There were 42 residential sales within the Town of Vulcan. That added up to just over $8 million dollars in sales. The average sale price was $191,795. The majority of the houses sold in the $200,000 to $249,999 price range. In the previous year, 2017, there were 52 house sales in Vulcan, for a total of $11,227,047 in sales. The average sale price for a house in Vulcan in 2017 was $215,904. The majority of the houses sold in the $150,000 to $199,999 range and $200,000 to $249,999 range. As stated, this information was gathered by me, for my information. I do not warrant any of this information for anyone else, but for my records.