December 2016 Calgary Luxury Homes Market Still Strong!
1. There were more Calgary homes over $1 million sold in December 2016 than in December 2015: 35 versus 29. These included detached, attached and apartment homes.
2. The median price of all Calgary homes sold over $1 million was $1,450,000 in December 2016 and $1,412,500 in December 2015. This is a direct result of more homes being sold above $1,500,000 in December 2016.
Calgary luxury home sales increased in 2016 compared to 2015 - 609 versus 512 homes sold, up 19%. The biggest percentage change occurred in the $2,000,000 to $2,499,999 price category at 73% - from 22 to 38 sales. This is a good sign. However, overall Calgary luxury real estate prices were lower in 2016, as most
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