Aug 19, 2010, Average home in Calgary sells for 451,807 on MLS

The average MLS sale price for single-family homes in the city for the past 30 days is $451,807, according to the Calgary Real Estate Board.

The board says there have been 908 properties sold during that period with a median price of $395,000. As of today, there are 5,430 active listings and 71 new listings were added in the past 24 hours.

At the end of July, the average MLS sale price for a single-family home was $464,655 with the median price at $400,000. The month-end inventory of homes for sale was 5,525.

In the condominium market, CREB says there have been 366 sales in the past 30 days with an average price of $293,086 and a median price of $266,000. Active listings are 2,428 with 33 new ones in the past 24 hours.

At the end of July, the average MLS sale price for a condo was $291,168 and the median price was $268,000. The month-end inventory of condos for sale was 2,457.

By Mario Toneguzzi, Calgary Herald