Okotoks, Chestermere and surrounding areas housing market strong outside Calgary Surrounding places see hike in sales in January


CALGARY — The resale housing market in places just outside the City of Calgary saw MLS® transactions spike in January compared with a year ago.

According to the Calgary Real Estate Board, total sales of 245 in that market were up 31.02 per cent from January 2011.

The average sale price, though, dipped by 0.55 per cent, to $349,213.

The benchmark price, which CREB describes as typical properties sold, rose by 6.19 per cent to $329,200.

The real estate board said new listings during the month fell by 13.45 per cent to 547 and active listings were also down by 33.98 per cent to 1,218.

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