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Airdrie Real Estate & Homes- October 2012

Posted by Mark Sadiua on Wednesday, October 24th, 2012 at 4:28pm.

AIRDRIE - Alberta is located just 15 minutes north of Calgary. It was first established as a railway village in 1889 during the construction of the Calgary and Edmonton Railway. In the 2011 Census, the City of Airdrie had a population of 42,564 living in 15,024 of its 15,638 total dwellings. This city has a small town feel with big city amenities from shopping's, schools and recreational centers. Airdrie real estate or homes are consist of many styles and types from mobile homes, condo/townhouse, single family homes, luxury homes and eveything in between. With the wide selections on communities to choose from, which still are being develop. Airdrie homes offers future residents with wide range of homes selection, price ranges that will suits everyone's budget.

Airdrie Alberta

Boosted by single family sales activity, year-to-date September 2012, Airdrie sales totaled 933, a 31-per-cent increase over 2011. The rise in sales combined with the decline in new listings contributed to the decline in the total inventory levels, bringing the market into more balanced conditions.

Unadjusted single family benchmark home prices leveled off at 338,600 in September 2012, a four-per-cent rise over 2011, but seven-per-cent below the highs recorded five years ago. Improved demand in the city has been in part due to the availability of affordable single family homes relative to single family homes within the city of Calgary.

 

Airdrie Total Residential  Q3 2011  Q3 2012  Y/Y % Change  2011 YTD  2012 YTD  Y/Y % Change 
Total Sales  215  282  31.16%  713  933  30.86% 
Total Sales Volume  $72,640,691    $99,686,137    37.23%  $237,684,248    $323,017,955    35.90% 
New Listings  427  400  -6.32%  1,442  1,376  -4.58% 
Sales to New Listing Ratio  .50  .71  40.02%  713.0  933.0  30.86% 
Sales $/List $  97.61%  97.71%  .09%  97.4%  97.77%  .37% 
Average Days on the Market  60  54  -9.34%  56  56  0% 
Single Family Average Price  $352,204  $378,624  5.41%  $361,552  $373,017  3.17% 
Single Family Benchmark Price    $352,700  $338,800  4.02%       
Single Family Index  168  175  4.03%       

 

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