The Calgary real estate market is transitioning into balanced territory. Sellers still hold the advantage for detached properties, but rising inventory and higher listings mean buyers have more selection and negotiating power. Benchmark and average home prices continue to fluctuate in the mid-to-high $500,000s depending on the property type.
Current Market Statistics
Data reflects a shift toward more balanced conditions and increased selection for buyers:
Average Home Price: Tracking around $680,285, while median prices hover near $600,000 depending on recent activity.
Active Inventory: Total active listings have risen noticeably year-over-year, leading to a higher months of supply ratio which allows buyers to take more time evaluating homes.
Price & Demand by Property Type
Detached Homes: These remain the strongest segment, with benchmark prices in the mid-to-high $700,000s. Sellers still retain a slight upper hand.
Townhomes & Row Houses: Benchmark prices sit near $437,100. This segment has seen significant inventory increases, offering great opportunities for buyers.
Apartments & Condos: The apartment sector is experiencing the most pronounced shift with increased supply and prices averaging around $322,000, giving purchasers strong negotiating leverage.
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