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October 2024 CREB Market Update

October 2024 CREB Market Update

The Calgary Real Estate Board released their latest market report.  Sales gains for home priced above $600,000 offset declines at the lower end of the market, resulting in October sales that were similar to last year. The 2,174 sales in October increased over September and stood 24 per cent above long-term trends for the month.

Detached Homes- benchmark price $753,900 an 8.1% increase since this time last year, with 2.05 months of supply.

Semi-detached Homes- benchmark price $677,000 an 8% increase since this time last year, with 2.05 months supply.

Row Housing- benchmark price $456,600, an 8.1% increase since this time last year, with 2.22 months of supply.

Apartments- benchmark price $341,700, an 11.4% increase since this time last year.  With 2.84 month of supply.

Airdrie market- unadjusted benchmark price of homes is $546,300, with 2.37 months of supply. Prices are up 5.3% since this time last year.

Cochrane market- unadjusted benchmark price of homes $571,800, with 2.34 months supply. Prices are up 6.1% since this time last year.

Okotoks market- unadjusted benchmark price of homes $618,300, an increase of 6.3% since this time last year.  With are 1.72 months of supply.

Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.