Weekly Market: November 1, 2021

Weekly Market Update for: November 01, 2021

Sales:
Last week sales came in at 560, that is up 31% from the 427 last year. October sales finished at 2186 24% above where we were in October of 2020 and 52% above October 2019. Another strong month in the Calgary Real Estate Market here in 2021.

Inventory:
Last week saw 477 new listings come on the market, 17% more than the 407 last year. Overall inventory dropped below the 5000 mark to 4871 homes on the market, down 16% to 2020 and 27 % down to 2019.

Days On Market:
The sales so far in October have averaged 42 days on the market to sell, this is down 18% from the 51 it was taking last year.