Calgary Luxury Home Market Is Smashing Records

Posted by Kevin and Michael Team on Friday, December 21st, 2012 at 11:39am.

Luxury Home in Calgary, ABCalgary is more prosperous than ever and we have the proof! Our beloved city has set the record for luxury home sales two months in a row, selling more homes valued at over $1 million in October and November than ever before.

The annual record for luxury sales has also been beat, with 505 recorded sales valued at more than $1 million. The previous record was set during the housing explosion of 2007 and capped at 458 properties sold. The all-time record for luxury homes sold within one month was beat as well, back in May, when 80 luxury houses were sold.

Most Expensive Homes Currently For Sale

These are currently the most expensive home prices listed on the Calgary market and the neighbourhoods in which you can find them. You can browse all of these homes through the search feature on this site!

Not Just Luxury Market On The Rise

In addition to an increase in luxury sales, overall sales have risen as well. Both number of sales and price of sales have increased in all markets. This reflects well on our city's economy and suggests the Calgary real estate market is stronger than ever.

Overall inventory levels are gradually decreasing, making this a great time to sell your home. Calgary seems to be entering a seller's market so we advise all interested buyers to act quickly. Call 403-212-4920 today to buy or sell your real estate with our fabulous team!

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