Calgary's real estate market is experiencing a normalizing trend, featuring average home prices around $650,000 to $654,644 and inventory levels sitting around 3 to 4 months of supply. While detached homes remain competitive, the condo and townhome segments are increasingly favoring buyers, offering more choices and room for negotiation.
Key Market Statistics
Average Home Price: Approx. $654,644
Median Sale Price: approximately $585,000
Active Inventory: Over 6,500 active listings across the city
Months of Supply: 3 to 4 months, shifting toward a more balanced environment
Property Type Breakdown
Detached Homes: These remain tight in supply, especially in the sub- $700,000 range. Sellers maintain an advantage in regions like the West and City Centre districts.
Townhouses: Benchmark prices sit around $422,900. Inventory is relatively tight (under 3 months of supply), keeping it a modest seller's market.
Apartments/Condos: The apartment segment favors buyers. With benchmark prices hovering near $301,400, higher inventory gives buyers increased negotiating power.
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