Calgary average home prices edge up as median prices remain flat

Calgary's real-estate market saw a slight dip in total home sales, no change in median price and a slight increase in average price in February.

Fewer total sales than the same month last year but no year-over-year decline in sale prices

A house for sale in Calgary. (Robson Fletcher/CBC)

Calgary's real-estate market saw a slight dip in total home sales, no change in median price and a slight increase in average price in February.

Total sales edged downward by 6.6 per cent compared to February 2015, according to month-end statistics from the Calgary Real Estate Board (CREB).

The median sale price was $420,000 for the month — identical to last year.

Average sale prices, meanwhile, edged upward to $472,529, marking a year-over-year increase of 2.7 per cent.

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