SOLD in 31 Days: Bankview Condo Outperforms the Market

The condo at 305 – 2417 17 Street SW in Bankview is officially sold — and the result tells an important story about today’s Calgary condo market.

This top-floor one-bedroom unit sold in just 31 days, significantly outperforming the average days on market of 58 days for similar properties in the area.

Understanding the Market Conditions

This sale is especially notable given the current market dynamics in Bankview:

• Average days on market (1-bedroom units): 58 days
• Current inventory: 7 months supply

A 7-month supply indicates a more balanced-to-slower market, where buyers have more choice and listings can take longer to sell. In these conditions, properties that are not positioned correctly often sit — or require price reductions.

Why This Property Sold Faster

This home succeeded because of a strong, intentional strategy:

• Strategic pricing that immediately captured attention
• Standout positioning as the lowest priced one-bedroom in Calgary
• Clean, modern presentation that appealed to today’s buyers
• Highly desirable inner-city location in Bankview

When these elements align, even in a higher-inventory market, properties can outperform expectations.

What This Means for Sellers

This sale reinforces a key point:
The market doesn’t determine your result — your strategy does.

If you’re considering selling your condo or home, it’s critical to understand how to position your property in today’s conditions to avoid sitting on the market.

If you’d like a customized plan based on your property and current market data, I’d be happy to help.

Adrienne McGarvey REALTOR®

2% Realty

403.801.2012

OPEN HOUSE TODAY IN STRATHCONA – 1:00 PM TO 3:00 PM

A fresh opportunity has arrived in one of Calgary’s most sought-after communities. This home is back on the market as a NEW LISTING, now offered at $625,000—making it an exciting option for buyers looking to get into Strathcona.

✨ PROPERTY HIGHLIGHTS

• 4 Bedrooms | 3.5 Bathrooms
• 1,411 SQ.FT Above Grade
• Fully Finished Basement
• Vaulted Ceilings & Bright Living Space
• Kitchen with Gas Stove, Granite Counters & Stainless Steel Appliances
• Air Conditioning
• Parking for Three Vehicles- potential for garage

️ FUNCTIONAL LAYOUT FOR EVERYDAY LIVING

The main floor offers a bright and welcoming living space with vaulted ceilings and a bay window, creating an open and airy feel.

The kitchen is both practical and stylish, featuring granite countertops, stainless steel appliances, and a gas stove, and flows seamlessly into the rear living area overlooking the backyard.

Upstairs, the primary bedroom includes a walk-in closet and modern ensuite, while the fully finished basement adds valuable flexibility with a rec room, additional bedroom, and full bathroom.

OUTDOOR SPACE & UPDATES

Step outside to enjoy a spacious backyard complete with a large deck and pergola—perfect for relaxing or entertaining.

Additional features include:

• New Furnace (2023)
• Hot Water Tank (2022)
• Newer Deck
• Newer Roof

LOCATION, LOCATION

• Located in Strathcona, one of Calgary’s most desirable communities
• Close to excellent schools, parks, shopping, and transit
• Just a 15-minute drive to downtown Calgary
• Easy access west to the mountains

SEE IT IN PERSON

If you’ve been waiting for the right opportunity in Strathcona, this is one you won’t want to miss.

Join the open house today, Saturday April 11  from 1:00 PM to 3:00 PM and experience everything this home has to offer.

Stylish End-Unit Townhome in Sherwood with 3 Bedrooms, Bonus Space & Low Condo Fees

Welcome to 898 Sherwood Blvd NW, a beautifully maintained end-unit townhome offering 1,655 square feet of thoughtfully designed living space in one of NW Calgary’s most desirable communities.

This home stands out immediately with its end-unit location, allowing for additional natural light, enhanced privacy, and a more open feel throughout. Built in 2014, it blends modern finishes with a highly functional layout that suits a variety of lifestyles—from families to professionals and investors.

The main floor features 9-foot ceilings and a bright, open-concept design. The spacious living area is filled with natural light from multiple windows and flows seamlessly into a dedicated dining space. From here, step out onto your private balcony, complete with a gas line for BBQing and plenty of room for outdoor seating—perfect for entertaining or relaxing.

The kitchen is both stylish and practical, featuring quartz countertops, stainless steel appliances, a gas stove, and a French door fridge with a water dispenser. The large central island comfortably seats four, making it an ideal gathering space, while the added window provides extra light and ventilation.

Upstairs, you’ll find three well-sized bedrooms, including a primary suite with a private ensuite featuring an oversized shower and generous closet space. A full family bathroom, linen storage, and convenient upper-floor laundry add to the home’s functionality.

On the ground level, a flex/bonus room offers versatility for a home office, gym, or guest area, along with a utility room and access to the single attached garage. The added front yard space gives this property a more traditional home feel.

With condo fees of just $298/month, covering insurance, snow removal, landscaping, maintenance, and reserve fund contributions, this is a low-maintenance ownership opportunity. The complex is also pet-friendly, allowing up to four pets (including two dogs).

Located in Sherwood, this home is just steps from parks, schools, pathways, and transit, with easy access to major shopping, restaurants, and everyday amenities.

If you’re looking for a move-in-ready home that offers space, style, and convenience—this is one you won’t want to miss.

The latest March 2026 data from CREB shows a clear shift underway in the Calgary real estate market. After several years of strong seller-favoured conditions, we are now seeing a move toward a more balanced environment.

Sales and Listings Decline

Total residential sales in Calgary were down approximately 12% year-over-year in March, with similar declines reflected in year-to-date numbers. New listings also declined, but at a slower pace, resulting in increased inventory levels across the city.

This shift is important. When inventory rises faster than sales, market conditions naturally begin to rebalance.

Inventory and Months of Supply Rising

Inventory levels increased by nearly 13% year-to-date, and months of supply rose to over 3 months in some segments of the market.

This is a notable change from the tight conditions we experienced over the past few years, where limited supply drove strong competition and price growth.

Prices Showing Modest Softening

The overall residential benchmark price in Calgary is down approximately 4% year-over-year. However, trends vary significantly by property type:

• Detached homes: Down roughly 3% year-over-year, showing relative stability
• Apartments: Down closer to 9%, reflecting more sensitivity to changing demand
• Row and semi-detached: Moderate declines between these ranges

While prices are softening, it’s important to note that they remain historically strong.

Days on Market Increasing

Homes are taking longer to sell, with days on market up over 20% compared to last year. This gives buyers more time to evaluate options and reduces the urgency that defined previous market conditions.

What This Means for Buyers and Sellers

We are no longer in an extreme seller’s market — but we’re not in a buyer’s market either.

Instead, Calgary is transitioning into a more balanced market where:

• Buyers have more choice and negotiating power
• Sellers need to be strategic with pricing and presentation
• Local market knowledge matters more than ever

Final Thoughts

This shift is healthy for the market overall. It creates more sustainable conditions and opportunities on both sides.

If you’re considering buying or selling, understanding how these trends impact your specific property type and neighbourhood is key.

Adrienne McGarvey REALTOR

2% Realty

403.801.2012

Another successful result in Calgary’s inner-city market.

The condo at 305 – 2417 17 Street SW is now conditionally sold, proving that well-positioned properties continue to attract strong interest — especially in the affordable segment.

This top-floor one-bedroom unit in Bankview stood out as the lowest priced one-bedroom in Calgary with parking and insuite laundry, offering exceptional value for first-time buyers and investors.

The home featured a clean, modern aesthetic with hardwood floors, updated lighting, and a striking interior design of white walls paired with black trim and doors. The functional layout included a stylish kitchen with stainless steel appliances and a breakfast bar, along with in-suite laundry, a parking stall, and a storage locker — key features buyers are actively searching for.

Location continues to play a major role in buyer demand. Situated in Bankview, this property offered walkability to parks, transit, and the shops and restaurants along 17 Avenue, along with immediate access to the Bankview Community Centre and nearby green spaces.

What This Means for Sellers

This sale is a strong reminder that:

• Pricing strategically drives attention
• Affordable inner-city properties remain in demand
• Presentation still matters — even at lower price points

If you’ve been thinking about selling, now is a great time to evaluate your home’s position in the market.

Reach out anytime for a customized strategy tailored to your property.

Join me today for an open house in the highly desirable community of Strathcona, Calgary.

This property is currently listed at $649,000, presenting a compelling opportunity in a market where the detached benchmark price in Strathcona Park is $904,000.

Inventory remains tight, with less than one month of supply in the community and under two months across West Calgary. Opportunities at this price point—particularly for detached homes—are becoming increasingly limited.

This home offers 4 bedrooms and 3.5 bathrooms with 1,411 sq.ft above grade, plus a fully finished basement. The layout is functional and well suited for family living, featuring a bright main living area with vaulted ceilings and a bay window.

The kitchen includes granite countertops, stainless steel appliances, and a gas stove, and flows into the rear living area overlooking the backyard. Upstairs, the primary bedroom includes a walk-in closet and a modern ensuite.

The fully finished basement provides additional flexibility with a rec room, bedroom, and full bathroom.

Outside, enjoy a spacious backyard with a large deck and pergola, along with parking for three vehicles plus potential to add a garage. Additional features include air conditioning, a newer furnace (2023), hot water tank (2022), newer windows and doors, and a newer roof.

Located just a 15-minute drive to downtown Calgary and close to schools, parks, shopping, and transit, this home represents strong value in a competitive market.

Visit the open house today to explore the opportunity in person.