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Open House Strategies That Work in Calgary | Sell Your Home Faster with 2% Realty

Are Open Houses Still Relevant?

With digital marketing, virtual tours, and online listings dominating real estate, many sellers ask: Do open houses still work?

The answer is yes—when they’re done strategically.

Open houses continue to play an important role in attracting buyers by offering a low-pressure environment where they can explore a home freely and imagine living there. When combined with strong promotion and professional hosting, they can significantly boost interest and momentum for a listing.


The Real Benefits of an Open House

A successful open house isn’t just about foot traffic—it’s about creating opportunity.

Increased Exposure
Open houses attract serious buyers, curious neighbors, and even other agents who may have interested clients.

Efficient Showings
Instead of coordinating multiple one-on-one appointments, sellers can showcase their home to several buyers at once.

Creating Buzz & Urgency
A busy open house sends a clear signal: this home is in demand. That perception alone can motivate stronger offers.


How We Plan an Open House at 2% Realty

At 2% Realty, open houses are planned, promoted, and followed up on with intention.

Promotion Is Key

We use a multi-channel marketing approach to maximize attendance:

  • Social media posts with professional photos and videos

  • Email invitations to buyers, agents, and our database

  • Eye-catching signage in high-traffic areas

  • Promotion on REALTOR.ca and MLS listings


Hosting the Open House

As your agent, I:

  • Professionally host the event

  • Highlight key features of the home

  • Answer buyer questions

  • Collect feedback and assess buyer interest

Seller Tip: It’s best if sellers are not present during the open house. Buyers feel more comfortable exploring and sharing honest feedback when the home is vacant during the event.


Preparing Your Home for Open House Success

A few simple steps can make a big difference:

  • Choose the right day and time (weekend afternoons work best)

  • Stage the home so it’s clean, bright, and welcoming

  • Set a comfortable temperature

  • Create a pleasant atmosphere with light music and subtle scents

  • Provide brochures and a sign-in sheet for follow-up



What Happens After the Open House?

The work doesn’t stop when the doors close. After the event, I:

  • Compile and review buyer feedback

  • Identify serious buyers for follow-up showings

  • Adjust the marketing strategy if needed based on insights gained



Final Thoughts

Open houses still work—but only when they’re executed properly. When combined with professional marketing, hosting, and follow-up, they remain a powerful tool for selling homes in Calgary and surrounding areas.

If you’re thinking about selling and want a strategy that goes beyond sticking a sign on the lawn, I’d love to help.

Contact Adrienne McGarvey, REALTOR® | 2% Realty


Smart strategies. Maximum exposure. Lower commission.

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4168 Windsong Blvd SW, Airdrie – Conditionally Sold | January Market Update

I’m excited to share that my listing at 4168 Windsong Blvd SW in Airdrie is now conditionally sold—and it’s a perfect case study of what’s happening in the detached housing market right now.

Detached Market Snapshot – Last 7 Days

Looking at the most recent 7-day activity for detached homes in Airdrie, we’re seeing clear signs of momentum:

  • 33 new listings came to market

  • 23 homes went pending

  • 21 homes sold

  • 18 price decreases

This tells us two important things:

  1. Buyers are active and making decisions

  2. Homes that are priced correctly are selling

While some sellers are adjusting pricing to stay competitive, the number of pending and sold properties shows that demand is very real—especially for homes that are well positioned from the start.

❄️ Selling in January: A Smart Move

January often gets overlooked as a selling month, but in reality it can be one of the most strategic times to list. Buyer competition is typically lower than in spring, yet the buyers who are shopping now are serious, qualified, and motivated.

The conditional sale of 4168 Windsong Blvd SW reinforces an important message:
➡️ Great pricing + strong marketing + the right strategy = results, even in winter.

Thinking of Selling?

If you’re considering selling in Airdrie or Calgary this winter or early spring, now is the time to start planning. Understanding market data, buyer behaviour, and pricing trends is key—and that’s where experience makes the difference.

If you’d like a personalized market breakdown or want to discuss the best timing and pricing strategy for your home, I’m always happy to help.

Reach out anytime to start the conversation.


Adrienne McGarvey REALTOR

2% Realty Calgary

403.801.2012


Written by Adrienne McGarvey | Calgary & area Real Estate Expert

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Bank of Canada Interest Rate Announcement — January 28, 2026 Update

Bank of Canada Interest Rate Announcement — January 28, 2026 Update

Ottawa, Jan. 28, 2026 — In its first major announcement of the year, the Bank of Canada (BoC) has chosen to hold its key policy interest rate at 2.25%. This outcome was widely anticipated by economists and reflected in market pricing leading into today’s release.


What the Bank of Canada Decided

At its January 28 decision, the Bank of Canada decided to keep its benchmark overnight lending rate unchanged at 2.25%. The move comes amid ongoing uncertainty in global trade and economic forecasts, with inflation remaining reasonably close to the Bank’s 2% target.

Bank Governor Tiff Macklem and the Governing Council emphasized that while current monetary conditions support stable inflation and moderate growth, unpredictable factors — especially trade tensions — make future rate changes harder to forecast.

This marks the second consecutive policy decision in which the BoC held the rate steady, following a cycle of cuts throughout 2025.


What This Means for Borrowers

1. Prime Lending Rate Remains Stable
The prime rate in Canada — which most major banks use as the baseline for pricing variable-rate financial products — remains at 4.45%. This rate moves in lockstep with the Bank of Canada’s policy rate and is what variable-rate mortgages, lines of credit, and personal loans are often pegged to.

2. Variable Mortgage Rates
Because prime remains unchanged, variable-rate mortgage holders will see no immediate change to their interest costs as a result of this announcement. That means monthly payments tied to prime should continue at current levels until the BoC adjusts its policy rate.

3. What’s Next?
The Bank of Canada’s next scheduled interest rate decision will be March 18, 2026. Markets will be watching for any shifts in guidance — especially if inflation or economic growth data diverges from expectations.


Why the Bank Held Rates

Economists point to several factors influencing today’s hold decision:

  • Inflation has been broadly in or near target ranges without sharp acceleration.

  • The economic outlook remains mixed, with trade uncertainty weighing on key sectors.

  • Recent data suggests growth is moderate, not requiring immediate tightening or easing.

Overall, this announcement signals a period of rate stability for borrowers and markets alike — at least for the first quarter of 2026.


If you want help understanding what this rate decision means for your new home purchasing plans, feel free to reach out.  I have some great recommendations for mortage brokers and lenders.


Adrienne McGarvey

403.801.2012 (call or text)

adrienne.mcgarvey@2percentrealty.ca

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Understanding How 2% Realty Commission Works

How Selling with 2% Realty Works 

One of the most common questions I hear from sellers is:
“How does commission work when selling with 2% Realty?”

The short answer? It’s simple, transparent, and designed to save you money—without sacrificing service.


The 2% Realty Commission Model Explained

When you sell your home with 2% Realty, the total commission is:

✔️ 2% of the final sale price

That commission is typically divided as follows:

  • 1% to the listing brokerage

  • 1% offered to the buyer’s brokerage

This structure allows your home to be fully exposed on the MLS system, marketed to all buyer agents, and shown just like any other listing—while significantly reducing your overall selling costs.


What Is a Common Commission Structure in Alberta?

In Alberta, a commonly used commission model is:

  • 7% on the first $100,000, and

  • 3% on the remaining balance

That total commission is usually split:

  • 50% to the listing brokerage

  • 50% to the buyer’s brokerage

On higher-priced homes, this can add up to tens of thousands of dollars in commission.


Commissions Are Always Negotiable

It’s important to know that real estate commissions in Alberta are fully negotiable. There is no “one-size-fits-all” approach.

With 2% Realty, sellers also have the flexibility to offer custom compensation to the buyer’s brokerage, depending on their goals and the market.

Some options include:

  • A flat fee offered to the buyer’s brokerage

  • 3.5% on the first $100,000 + 1.5% on the remainder

  • Or another structure tailored to your specific situation

This flexibility can help attract buyers while still keeping your overall costs lower than traditional models.


Why Sellers Choose 2% Realty

✔️ Significant commission savings
✔️ Full MLS exposure and professional marketing
✔️ Flexible commission options
✔️ Clear, upfront pricing with no surprises

You don’t have to choose between saving money and getting full service—you can have both.


Thinking About Selling?

If you’re curious what selling with 2% Realty would look like for your home, I’m happy to walk you through the numbers and your options.

Reach out today for a free, no-obligation home evaluation and commission breakdown.

Selling smart starts with understanding your choices.

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Born in Calgary. Built by Real Estate. Driven by Results.

Real estate isn’t just my career — it’s been a lifelong passion that has shaped who I am and how I serve my clients today.

I was born in Calgary but raised in the UK, where my journey in real estate began earlier than most. At just 19 years old, I purchased my very first home. That early step into homeownership sparked a lasting interest in property, renovation, and the long-term power of real estate as an investment.

From Renovations to Real Estate Strategy

In the UK, I gained hands-on experience renovating properties, learning firsthand how smart improvements can add real value. After earning a degree in Marketing, I made the move back to Calgary in 2006 — a city I’ve proudly called home ever since.

Since returning, I’ve been deeply involved in Calgary’s real estate landscape:

  • Real estate investor and landlord

  • West Calgary homeowner for over 18 years

  • Worked with Calgary real estate developers since 2006 in sales, marketing, and warranty

This behind-the-scenes experience gave me a unique, well-rounded understanding of the market — from how homes are built and marketed, to how they perform long after possession day.

Turning Experience Into Results for Clients

Becoming a Realtor was a natural next step. I wanted to take everything I’d learned — as a homeowner, investor, marketer, and industry professional — and use it to help people make smarter real estate decisions.

That commitment paid off quickly. I was proud to be awarded Rookie of the Year at 2% Realty, and I’ve since earned President’s Platinum Club recognition every single year.

These achievements reflect more than sales numbers — they represent trust, repeat clients, and results.

Why Clients Choose Me

Clients work with me because I offer:

  • Deep local knowledge of Calgary’s real estate market

  • Strong negotiation skills

  • Strategic marketing backed by real-world experience

  • Honest advice focused on protecting your bottom line

Whether you’re buying your first home, upgrading, downsizing, or selling while looking to save on commission, my goal is simple:
help you make confident, informed decisions and get the best possible outcome.

If you’re thinking about buying or selling in Calgary, I’d love to help.

Contact me for a free, no-obligation consultation.

Adrienne Mcgarvey

403.801.2012

adrienne.mcgarvey@2percentrealty.ca

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4 Smart Seller Tips to Protect Your Home’s Value Before Listing in Calgary

When it comes time to sell your home, first impressions matter—and they can directly impact your final sale price. As a Calgary Realtor, I often see sellers leave money on the table by overlooking simple, cost-effective improvements.

Here are four proven tips to help protect your property’s value and present your home in its best possible light before hitting the market.


1. Choose Neutral Paint Colours

Fresh, neutral paint is one of the easiest ways to modernize your home. Light greys, soft beiges, and warm whites create a clean backdrop that appeals to the widest range of buyers. Neutral tones also help spaces feel brighter, larger, and move-in ready—a huge plus in today’s competitive Calgary market.


2. Update Light Fixtures & Match Your Bulbs

Lighting is often overlooked, but it has a massive impact on how a home feels. Swapping out dated fixtures for simple, modern ones can instantly elevate a space. Just as important? Matching light bulbs throughout the home for consistent colour temperature and brightness. The result is a cohesive, polished look buyers notice right away.


3. Keep Up With Maintenance

Buyers pay close attention to signs of ongoing care. Leaky faucets, loose handles, squeaky doors, or damaged trim may seem minor—but they can raise red flags. Staying on top of routine maintenance reassures buyers that the home has been well cared for and helps prevent unnecessary price negotiations later.


4. Cleaning Is the Best Bang for Your Buck

If there’s one thing every seller should prioritize, it’s cleaning. A professionally cleaned home feels fresher, brighter, and more inviting. Clean windows, baseboards, kitchens, and bathrooms can dramatically improve how your home shows—often with a better return than more expensive upgrades.


Thinking of Selling in Calgary?

Preparing your home properly can make a real difference in how quickly it sells and for how much. I help sellers create a clear plan to maximize value—while also saving thousands with a smarter commission structure.

Contact me today for a FREE home evaluation and personalized selling strategy.

Adrienne McGarvey REALTOR

2% Realty

403.801.2012

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3 Essential Credit Score Tips Every Calgary Home Buyer Should Know

3 Essential Credit Score Tips Every Calgary Home Buyer Should Know

When buying a home in Calgary, your credit score matters more than many buyers realize. It can impact whether you’re approved for a mortgage, the interest rate you receive, and even how much home you can afford.

Understanding how credit works — and how to protect your score during the buying process — can save you money and stress. Below are three essential credit score tips every home buyer should know before applying for a mortgage.


1. Know the Difference Between Hard and Soft Credit Inquiries

Not all credit checks are created equal.

Soft credit inquiries are for informational purposes only and do not affect your credit score. Examples include checking your own credit score or pre-screening offers.

Hard credit inquiries occur when you apply for credit, such as a mortgage, loan, or credit card. These can lower your score slightly and remain on your credit report for up to two years. You must give permission for a hard inquiry to take place.

Understanding this difference helps you avoid unnecessary credit hits during your home-buying journey.


2. Protect Your Credit While Buying a Home

Once you start the mortgage process, it’s crucial to keep your credit profile stable. Even small changes can impact final mortgage approval.

To protect your credit score:

  • Avoid applying for new credit cards or loans

  • Delay large purchases like furniture, appliances, or vehicles

  • Keep existing credit card balances low

  • Avoid increasing debt until after possession day

A lower credit score could mean a higher interest rate — or in some cases, difficulty receiving final approval.


3. Shopping Mortgage Rates Won’t Hurt If Done Correctly

It’s smart to compare mortgage options, and the good news is that doing so won’t hurt your credit if you act within a short timeframe.

Credit bureaus recognize mortgage shopping as “rate shopping.” If you submit multiple mortgage applications within approximately 45 days, they’re typically grouped together and counted as one hard inquiry.

The key is timing — do your comparisons within a focused window.


Why Credit Scores Matter When Buying a Home

Lenders use credit scores to assess risk and determine mortgage terms. Buyers with higher scores generally:

  • Qualify more easily

  • Receive better interest rates

  • Pay lower overall borrowing costs

That’s why understanding and protecting your credit score is one of the smartest steps you can take before buying.


Work With a Trusted Calgary Buyer’s Expert

As an Accredited Buyer’s Representative (ABR®), I specialize in helping Calgary buyers make informed decisions — from financial preparation to negotiating the best possible purchase.

If you’re thinking about buying a home and want guidance on credit, mortgages, and the Calgary market, I’d be happy to help.

Adrienne McGarvey
2% Realty
403.801.2012
adrienne.mcgarvey@2percentrealty.ca

Let’s make sure you’re set up for success before you start house hunting.

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Detached Calgary Real Estate Market Update

What Today’s Market Data Tells Us About Detached Homes in Calgary

If you’re a homeowner watching the Calgary real estate market and wondering whether now is a good time to sell, recent detached home data offers some valuable insight.

The market is active — but it’s also price-sensitive and competitive.


Strong New Supply Is Hitting the Market

With 259 new detached listings, inventory is building. This gives buyers more choice and means sellers can no longer rely on demand alone to drive results. Homes need to stand out through pricing, condition, and marketing.


Buyer Activity Remains Healthy

Despite higher inventory, buyers are still engaged:

  • 176 detached homes sold

  • 162 currently pending

This shows that well-priced homes are continuing to move, often without extended time on market.


Pricing Strategy Is the Biggest Factor Right Now

One of the most telling statistics is pricing movement:

  • 108 price decreases

  • Only 7 price increases

This gap clearly shows that buyers are unwilling to chase inflated prices. Sellers who start too high are being forced to adjust, sometimes multiple times.

Homes priced correctly from the start are avoiding price reductions and attracting stronger interest.


Expired & Terminated Listings Are a Warning Sign

With expired and terminated listings increasing, some sellers are choosing to step back rather than chase the market. In most cases, this comes down to pricing expectations or a lack of effective marketing.


What This Means for Detached Home Sellers

The Calgary detached market today can be best described as:

  • Active, but selective

  • Balanced to slightly buyer-favouring

  • Rewarding realistic pricing and strong presentation

Homes that are staged, marketed professionally, and priced accurately are selling. Those that aren’t are quickly exposed by today’s informed buyers.


Thinking of Selling?

Before listing, it’s critical to understand:

  • What buyers are paying right now

  • How much competition you’re facing

  • How to price your home to attract offers — not price reductions

Reach out for a free, no-pressure home evaluation and a clear plan to position your home for success in today’s Calgary market.


Adrienne McGarvey 2% Realty

403.801.2012

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SOLD in Inner City Calgary: How Professional Staging Helped 512 – 235 9A Street NW Stand Out

Selling a home in a competitive market isn’t just about pricing — presentation matters. The recent sale of 512 – 235 9A Street NW is a perfect example of how professional staging can elevate a listing and contribute to a successful outcome.

This Inner City Calgary property was expertly staged by Dekora Staging, and the results were nothing short of impressive. From the moment buyers walked in (or viewed the listing online), the space felt welcoming, modern, and easy to envision as home. Strategic furniture placement, cohesive décor, and thoughtful design helped highlight the unit’s strengths while minimizing distractions.

Why Staging Makes a Difference When Selling

Today’s buyers often make decisions within seconds — and most start their search online. Professionally staged homes consistently:

  • Photograph better for online listings

  • Help buyers emotionally connect with the space

  • Highlight functionality and flow

  • Stand out from competing properties

At 512 – 235 9A Street NW, staging helped transform the unit from simply “for sale” to move-in ready and memorable, driving stronger interest and contributing to a successful sale.

A Smart Investment for Sellers

Many sellers wonder if staging is worth the cost. In my experience, it often pays for itself by reducing time on market, increasing buyer interest, and helping a home sell for top value. In crowded condo and townhouse markets especially, staging can be the edge that sets your property apart.

Dekora Staging did an outstanding job on this listing, and I highly recommend their services to sellers who want to maximize their home’s appeal and market impact.

Thinking of Selling Your Home?

If you’re considering selling in Inner City Calgary (or anywhere in the city), I help sellers create a clear, cost-effective plan — including pricing, staging guidance, and marketing strategies designed to get results without overpaying on commission.

Reach out for a free home evaluation and personalized selling strategy.
Your home deserves to stand out.

Adrienne McGarvey 2% Realty

403.801.2012

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The 2026 Calgary Real Estate Outlook: A Shift Toward Balance

What Buyers and Sellers Need to Know About Calgary’s 2026 Housing Market

As we look toward 2026, the Calgary housing market is showing clear signs of "normalizing." Following the record-breaking activity and supply shortages of previous years, the latest CREB® Forecast suggests a shift in momentum that will provide both new opportunities and unique challenges for buyers and sellers alike.

A Transition to Balance In 2025, we saw the market move away from extreme seller-favored conditions. For 2026, this trend is expected to continue, with balanced to buyer’s market conditions becoming the new norm. This shift is primarily driven by a surge in new home completions—particularly in higher-density sectors—and a cooling of the migration levels that previously fueled intense demand.

Price Performance by Property Type Not all segments of the market will behave the same way. According to the forecast:

  • Detached & Semi-Detached: These segments are expected to remain the most stable. Detached home prices are forecasted to grow by a marginal 0.1%, while semi-detached homes may see a slight 0.8% increase.
  • Row & Apartments: Expect more significant adjustments here. Due to elevated inventory levels from record-high starts, row house prices are forecasted to ease by 1.9%, and apartment-style condos could see a 3.5% reduction in benchmark prices.

The Economic Backdrop While Alberta remains a national leader in economic growth with a forecasted 2.1% GDP increase, job growth is expected to slow significantly to 0.4%. This slower employment growth, combined with higher unemployment rates (forecasted at 7.4%), will likely keep housing demand at more typical, long-term historical levels rather than the frenetic pace of the early 2020s.

What This Means for You

  • For Sellers: Pricing and presentation are more critical than ever. With more competition on the market, especially in the condo and row sectors, "waiting for a higher price" may no longer be a viable strategy.
  • For Buyers: You finally have more breathing room. Increased inventory means more choice and less pressure to engage in aggressive bidding wars, particularly in the multi-family market.

Conclusion The Calgary market remains resilient, but the "gold rush" era of the past few years has transitioned into a more sustainable, balanced environment. Whether you are looking to upsize into a detached home or enter the market via a condo, understanding these 2026 forecasts is key to making a smart move.

Read the full CREB Forecast report here.

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President's Platinum Club 2025 - 2% Realty Calgary

Proud to Achieve Platinum Club Status for the 3rd Year in a Row

I’m incredibly proud to share that I’ve been recognized once again as a President’s Platinum Club member with 2% Realty Calgary—marking my third consecutive year achieving this milestone.

This award represents more than just numbers. It reflects a consistent commitment to:

  • Providing honest, strategic advice

  • Helping clients save money on commissions

  • Delivering results-driven service in all market conditions

Real estate is one of the biggest financial decisions most people will ever make, and my goal has always been to make that process clear, efficient, and rewarding—whether you’re selling, buying, or investing.

I’m deeply grateful to my clients for their trust and referrals, and to my colleagues at 2% Realty Calgary for their continued support. Your confidence in my work is what makes achievements like this possible.

If you’re considering selling your home or want a clear plan for navigating the Calgary real estate market, I’d love to help.

Reach out anytime for a conversation or a free home evaluation.

Adrienne McGarvey
2% Realty Calgary

403.801.2012

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December 2025 CREB Market Update

2025 housing market shifted to more balanced conditions

Following several years of strong price growth, 2025 marked a year of transition thanks to strong demand and limited supply. Due to record high starts, supply levels improved across all aspects of the housing market, just as demand pressure eased due to a reduction in migration levels and heightened uncertainty that persisted throughout the spring market. This helped shift the resale market from one that favoured the seller to one that was more balanced.

In 2025, sales reached 22,751 units, down 16 per cent over last year, but in-line with long-term trends. Much of the shift came from the growth in supply. 2025 saw over 40,000 new listings come onto the market, nine per cent higher than last year, causing inventories to rise and driving more balanced conditions.

“Supply levels were expected to rise in 2025. However, the growth was higher than expected especially for apartment condominium and row homes. This weighed on prices in those sectors enough to offset the annual gains reported for both detached and semi-detached homes,” said Ann-Marie Lurie, CREB®’s Chief Economist. "Adjustments in both supply and demand varied across the city, with pockets of the market continuing to experience seller’s market conditions versus some areas where the conditions favoured the buyer. This resulted in different price trends based on location, price range and property type.”

Overall, the annual average total residential benchmark price in 2025 was $577,492, two per cent lower than last year’s annual average. However, annual detached and semi-detached prices rose by a respective one and three per cent, while apartment and row homes saw prices fall by a respective three and two per cent.

Compared to other districts, the North East reported the largest decline in prices this year. While some of this is related to improved supply across all areas of the city, it is also important to note that the North East district also reported the strongest price growth over the past two years.

For the first time in three years, we are heading into the New Year with better inventory levels. Details on what is expected to happen in the market in 2026 will be released at CREB®’s annual Forecast Conference on Jan. 20, 2026.


Detached

Detached sales totaled 11,328 in 2025, down by nearly nine per cent compared to last year. Sales eased across all districts in the city, with the steepest declines occurring in the North East, East and City Centre district. However, unlike the City Centre, the North East and East districts also experienced significant gains in inventory compared to long-term trends, driving annual price declines of two per cent. Meanwhile, in the City Centre detached inventory remained well below long-term averages, which likely prevented stronger sales and contributed to the annual price growth of over three per cent. Despite the differing conditions in different areas of the city, slowing sales and rising supply citywide helped move the market into balanced conditions by the second half of the year. The annual average benchmark price was $752,767, one per cent higher than last year’s annual level.


Semi-Detached


Semi-detached homes represent the smallest segment of the market, accounting for less than 10 per cent of all sales activity. Sales in 2025 were 2,159, eight per cent lower than last year, but slightly higher than long-term trends. Trends for semi-detached homes have been relatively consistent with the detached market. However, it took longer for this segment of the market to shift to more balanced conditions, resulting in stronger annual price gains. In 2025, the average annual benchmark price was $685,850, nearly three per cent higher than last year. Prices did ease in the North district as competition for new homes weighed on resale activity, but the decline in this district was more than offset by the four per cent gain in the City Centre.


Row

2025 sales eased by 17 per cent to 3,838 units. Despite the decline, sales were still higher than long-term trends, as row homes are starting to account for a larger share of the overall activity in the city. At the same time, new listings also rose relative to sales, driving inventory gains and taking the pressure off prices. Conditions shifted to more balanced levels relatively early in the year, and by the last quarter conditions ranged from a balanced to a buyer’s market depending on the districts of the city. Overall, this contributed to the annual average benchmark price decline of two per cent. While prices were relatively stable in the City Centre, North West, West and East districts, additional supply in the resale market and competition from new homes caused prices to decline by four per cent in the North East and North districts.


Apartment Condominium

Apartment-style homes reported the largest adjustment in price in 2025. Sales declined by 28 per cent compared to the near record high levels achieved last year. While the decline was significant, sales were still over 28 per cent higher than long-term trends. The main cause of the shift in conditions was due to the supply. Over the past three years, there has been a rise in apartment-style starts. While most of the apartment starts were purpose-built rental, they are adding to the supply choice and weighing on the resale market. Resale condominiums saw the market shift in favour of buyers by the second half of the year, with elevated months of supply being reported in most districts of the city. This resulted in relatively persistent downward pressure on prices, causing the annual average benchmark price to decline by nearly three per cent. Price declines were the steepest in the North East nearing five per cent. The only area to report relative stability in the annual price was in the West district.


REGIONAL MARKET FACTS

 

Airdrie

Increased competition from the new home market, along with more supply options in competing resale markets, has contributed to the added supply in the resale market in Airdrie. Following four consecutive years of exceptionally low inventory levels, 2025 saw inventory rise to levels not seen since prior to the pandemic. While sales activity did remain in line with long-term trends despite an annual decline, the push up in inventories caused the months of supply to generally rise throughout the year. Overall, the annual average benchmark price eased by two per cent this year.


Cochrane

Sales in Cochrane were similar to last year and above long-term trends. While demand stayed relatively strong in the town, steady gains in supply did cause conditions to shift to a more balanced state by the end of 2025. With the shift occurring later in the year, we did not see the same downward pressure on prices. In fact, on an annual basis the benchmark price in Cochrane was $578,325, nearly three per cent higher than last year. Cochrane also tends to see a larger share of newer properties being listed and sold on the resale market, impacting the prices in the resale market.

 

Okotoks

Okotoks continued to struggle with supply growth. Inventories did rise by over 40 per cent, but levels were exceptionally low last year. Even with the gain in 2025, levels were still 30 per cent below long-term trends. Sales activity in the town remained consistent with the levels reported last year and were higher than long-term trends. The persistently low inventory levels generally kept market conditions relatively tight. However, total residential prices posted only a modest gain over last year, this is likely due to compositional shifts as price growth ranged from over one per cent for detached homes to nearly eight per cent for apartment condominium product.

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

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

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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.