Southwest highest for resale
The city’s southwest was tops during the last three months of 2010 for resale condo activity and prices, says the Calgary Real Estate Board.
The board’s Zone C, which roughly corresponds to that quadrant, cleared the $300,000 mark during October to December. It had 545 sales at an average price of $302,579.
When it came to individual communities within the zone, Connaught again was the most active during that period, tallying 55 sales at an average price of $303,605.
Victoria Park had the next highest sales, totalling 36 at an average selling price of $349,543.
When it came to price, Bayview had the highest at $860,000 for one condo deal, while Eau Claire checked in with an average of $648,927 on nine sales.
Meanwhile in Zone A (roughly northwest Calgary), Country Hills Village had the highest number of sales, reaching 16 at an average of $244,062.
Regal Terrace was a close second with 15 deals at an average price of $312,753.
The highest average selling price was for one condo in Varsity Estates at $523,000. Scenic Acres was next with an price of $462,000 for one sale.
In all, Zone A counted 250 sales from October to December at an average of $277,893.
In Zone B, which takes in northeast Calgary and part of the southeast, Taradale led sales with 10 at an average price of $226,240, followed by Pineridge with six sales at an average of $187,166.
Monterey Park had the highest average price in the zone at $260,000 on two sales. A single sale in West Dover brought $237,900.
Total sales in Zone B reached 65 at an average price of $178,405.
At 18 sales at an average of $250,216, MacKenzie Towne was the busiest community in Zone D, which roughly corresponds to southeast Calgary.
Next was Acadia, where eight condos changed hands at an average price of $223,375.
One condo in Ramsay sold for $1.08 million. The next highest average price was for three units in McKenzie Lake at $371,666.
From October to December, Zone D sales totalled 78 sales at an average of $273,693.