The Calgary Real Estate Board released their lastet market report.  The market has shifted and the months of supply is up by 81.6%  and inventory up by 49.7% (since September 2023). We are reaching a balanced market, which is more stable situation for buyers and sellers.  

Detached Homes- benchmark price $757,100 this is a slight decline over prices last month, but a 9% increase since this time last year.

Semi-detached Homes- benchmark price $678,400, with just over 2 months supply currently favouring the seller.

Row Housing- benchmark price $459,200, with nearly 2 month supply which favours the sellers.  Prices are up by 10% since this time last year.

Apartments- benchmark price $345,000, with 75% of apartments priced over $300,000.  There is currently 3.2 month of supply and this is now a balanced market.

Aidrie market- unadjusted benchmark price of homes is $551,000, with 2.3 months of supply. Prices are up 7% since this time last year.

Cochrane market- unadjusted benchmark price of homes $578,300, with 3 months supply, making this a balanced market (this first time since the end of 2020).  Prices are up 9% since this time last year.

Okotoks market- unadjusted benchmark price of homes $630,300, this is 1% higher than last month, and 9% higher than this time last year.  There are 2 months of supply (not seen since early 2021).  

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

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