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Your Market Report for the past 7 days.

Market By the Numbers

Current metrics across Calgary reflect a much more stable environment compared to the market peaks of 2023: 

  • Average Sold Price: ~$685,000

  • City-Wide Benchmark Price: ~$560,000 - $690,000 depending on property type and exact reporting metric

  • Active Inventory: Over 7,000 listings available across the city

Property Type Breakdown

Conditions vary significantly depending on the segment you are looking to buy or sell in: 

  • Detached Homes: Conditions remain the tightest here. While the benchmark price (averaging ~$734,000 to $749,000) has seen minor year-over-year softening, it remains highly resilient. 

  • Townhouses & Row Houses: This segment has largely shifted into balanced territory. Benchmark prices sit around $422,000 to $428,000, and units are staying on the market longer. 

  • Apartments & Condos: This sector is heavily buyer-friendly. Increased inventory and reduced sales volume have pushed benchmark prices down to roughly $300,000 to $305,000. 

Local Dynamics

  • First-Time Buyers: There is a notable influx of new, first-time homebuyers entering the market, aided by increased rental supply and government incentives.

  • New Construction: High levels of new home construction continue to add housing stock, relieving the drastic supply shortages seen in previous years

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I have sold a property at 133 Valley Creek PLACE NW

I have sold a property at 133 Valley Creek PLACE NW on Jun 16, 2026. See details here

Buyer Representation

Nestled in a quiet cul-de-sac in the prestigious family community of Valley Ridge, this exceptional executive walk-out bungalow is situated on one of the best lots in the area, offering luxury living with stunning ravine views, beautiful upgrades, and outstanding privacy. Thoughtfully designed with an open-concept floor plan, this well-maintained home combines elegance, comfort, and functionality throughout. A welcoming vestibule entrance with French doors opens to a bright, spacious main floor featuring refinished hardwood flooring, large windows, and an abundant of natural light. The formal dining room, complete with a convenient wine bar fridge, provides the perfect setting for entertaining and special family gatherings, while the elegant living room showcases a striking 3-sided gas fireplace and custom built-in shelving, creating a warm and welcoming atmosphere ** The gourmet kitchen is beautifully appointed with custom cabinetry, granite countertops, large island, granite double sink, upgraded backsplash, walk-through pantry, and stainless steel appliances, including a gas stove with convection oven. The breakfast nook features new triple-glazed windows and a French door leading to the large, redone Dura Deck balcony with 2 gas BBQ outlets, overlooking the tranquil ravine that offers the perfect setting for morning coffee or evening sunsets ** The luxurious primary retreat features a spa-inspired 5pc ensuite complete with a steam shower, walk-in California closet, and new blinds. A stylish powder room completes the main level ** The fully finished walk-out basement offers in-floor heating throughout for year-round comfort, 3 good sized bedrooms, abundant storage, a 4pc bath also with a steam shower, and a large family/recreation room featuring an additional 3-sided gas fireplace and bar fridge area- perfect for entertaining guests, movie nights, or relaxing with family ** The professionally landscaped, fully fenced, west-facing backyard is a private outdoor oasis with flowering trees and shrubs, a tranquil fountain feature, upgraded $34,000 artificial turf installed 2 years ago, and 2 additional BBQ gas outlets designed for effortless outdoor entertaining. The exceptional ravine setting provides both privacy and beautiful natural surroundings rarely found in the city ** Extensive upgrades include a new furnace (2021), a newer hot water tank, a new A/C with regular maintenance, a new roof, a new garage door, and stamped concrete driveway and pathways completed in 2020. The oversized garage is insulated, drywalled, and offers plenty of storage functionality for year-round convenience ** An extraordinary opportunity to own a beautiful home in one of Calgary’s most sought-after communities, surrounded by great amenities including parks, pathways, soccer and baseball fields, hockey rink, basketball and pickleball courts, offering the perfect blend of luxury living and active family lifestyle. Just 15 mins to the City Centre and quick access to the Mountains!

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Your Market Report for the past 7 days.

The Calgary real estate market currently sits in balanced territory with an average home price hovering around $677,795 to $687,813. Inventory has expanded to approximately 6,500 active listings, yielding roughly 2.5 to 3 months of supply. This increased selection provides buyers with more negotiation power.

Market Breakdown

  • Detached Homes: Average prices range from $734,300 to $844,300. This segment remains highly competitive, with strong demand keeping conditions tight. 

  • Semi-Detached (Duplexes): Benchmark prices average between $658,300 and $674,600. These serve as highly sought-after middle-ground properties. 

  • Row/Townhouses: Prices generally average $453,300. This segment has seen inventory build up, offering a more balanced playing field between buyers and sellers. 

  • Apartments/Condos: Average prices range from $300,000 to $325,000. Condos represent the softest segment of the market, featuring elevated supply that leans more favorably toward buyers.

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Open House. Open House on Sunday, June 14, 2026 2:00PM - 4:30PM

Please visit our Open House at 158 Valley Glen HEIGHTS NW in Calgary. See details here

Open House on Sunday, June 14, 2026 2:00PM - 4:30PM

Welcome to this fully developed 2-storey walkout offering 3,707 sq ft of finished living space, backing directly onto the Valley Ridge pathway system and environmental reserve with access from the backyard. Located on a quiet street just a few homes from the community’s extensive walking trails leading to Bowness Park, this property provides a private, treed setting with views of the river valley. The main floor features a formal living room and dining room, ideal for hosting. The family room, kitchen, and breakfast nook are open and bright, with floor-to-ceiling windows along the back of the home bringing in natural light. The family room is anchored by a gas fireplace framed by built-in bookcases. The kitchen offers abundant counter space and cabinetry, a walk-in pantry, and direct access to the large upper deck overlooking the yard and reserve. A main-floor office, laundry room, and 2-piece bath complete this level. The upper floor includes a spacious primary suite with a 5-piece ensuite and walk-in closet. Two additional generously sized bedrooms and a 4-piece bath complete the upper level. The upper hallway is open to the family room below, creating a bright, airy connection between the two levels. The fully developed walkout basement offers a large recreation room with a second fireplace, ample space for future development including the potential to add a fourth bedroom and bathroom, and plenty of storage. Walkout access leads to the lower patio and the landscaped backyard surrounded by mature trees. Additional features include a double attached garage, a covered patio area and large upper deck with a view of the natural reserve and pathway system. Valley Ridge is a golf course community on Calgary's Westside. Residents enjoy fantastic access out to the mountains or downtown via Highway 1 and Stoney Trail taking you north or south of the city. Along with walking/biking pathways, parks, golf course, an active community and the beautiful Bow River valley, you will truly feel a sense of community. You will love the lifestyle that this location offers!

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Your Market Report for the past 7 days

Current Market Statistics

  • Average Home Price: $682,872

  • Active Listings: Over 6,400 properties currently available

  • Months of Inventory: Increased over previous years, reaching 3 to 4.5 months depending on the property type

  • Days on Market: Townhouses and apartments are spending roughly 30 to 35 days on the market, allowing buyers more time for due diligence.

Property Type Trends

  • Detached Homes: These represent the most stable segment, with benchmark prices generally holding their ground or seeing very modest deceleration compared to other tiers. 

  • Townhouses/Row Houses: Inventory has surged (up over 40% in recent periods), shifting dynamics slightly in favor of buyers. 

  • Apartments/Condos: This segment has seen the most significant shift, with larger year-over-year price adjustments and extended time on market, making it an advantageous market for condo buyers

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New property listed in Valley Ridge, Calgary

I have listed a new property at 158 Valley Glen HEIGHTS NW in Calgary. See details here

Welcome to this fully developed 2-storey walkout offering 3,707 sq ft of finished living space, backing directly onto the Valley Ridge pathway system and environmental reserve. Located on a quiet street just a few homes from the community’s extensive walking trails leading to Bowness Park, this property provides a private, treed setting with views of the river valley. The main floor features a formal living room and dining room, ideal for hosting. The family room, kitchen, and breakfast nook are open and bright, with floor-to-ceiling windows along the back of the home bringing in natural light. The family room is anchored by a gas fireplace framed by built-in bookcases. The kitchen offers abundant counter space and cabinetry, a walk-in pantry, and direct access to the large upper deck overlooking the yard and reserve. A main-floor office, laundry room, and 2-piece bath complete this level. The upper floor includes a spacious primary suite with a 5-piece ensuite and walk-in closet. Two additional generously sized bedrooms and a 4-piece bath complete the upper level. The upper hallway is open to the family room below, creating a bright, airy connection between the two levels. The fully developed walkout basement offers a large recreation room with a second fireplace, ample space for future development including the potential to add a fourth bedroom and bathroom, and plenty of storage. Walkout access leads to the lower patio and the landscaped backyard surrounded by mature trees. Additional features include a double attached garage, a covered patio area and large upper deck with a view of the natural reserve and pathway system. Valley Ridge is a golf course community on Calgary's Westside. Residents enjoy fantastic access out to the mountains or downtown via Highway 1 and Stoney Trail taking you north or south of the city. Along with walking/biking pathways, parks, golf course, an active community and the beautiful Bow River valley, you will truly feel a sense of community. You will love the lifestyle that this location offers!

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I have sold a property at 10983 Valley Springs ROAD NW

I have sold a property at 10983 Valley Springs ROAD NW on Jun 5, 2026. See details here

It is our privilege to present this exceptional two-storey walkout in the highly sought-after community of Valley Ridge. Perfectly positioned on a quiet street, this remarkable home backs directly onto the Valley Ridge Golf Course and offers an incredible southwest-facing view spanning three fairways. Beautiful curb appeal continues through the front entrance, where a large foyer opens into an inviting, open-concept main floor. The kitchen, breakfast bar, nook, and family room create a bright and spacious living area, enhanced by wall-to-wall windows that frame the stunning golf course views. The kitchen features stainless steel appliances including an induction glass-top stove, convection wall oven with warming drawer, granite counters, a corner pantry, and a corner sink overlooking the fairways. A formal dining room and cozy living room provide additional space for entertaining. A laundry room and 2-piece bath complete the main level. The upper floor offers a generous primary suite with a 5-piece ensuite and large walk-in closet, along with two additional bedrooms and a 3-piece bath. The fully developed walkout basement includes a spacious rec room, an additional bedroom, a 3-piece bath, and a flex room. Step outside to an impressive backyard designed for relaxation and privacy, featuring a large patio with outdoor blinds, a charming gazebo area, mature trees and shrubs, and underground sprinklers throughout the property. Additional highlights include an oversized double attached garage and central A/C. Life in Valley Ridge is exceptional—bordering the Bow River, surrounded by green space, and offering quick access to downtown, amenities, and the mountains. You will love this home and the lifestyle this location provides.

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I have sold a property at 155 Midcrest CRESCENT SE

I have sold a property at 155 Midcrest CRESCENT SE on May 29, 2026. See details here

Welcome to this charming bi-level home in the desirable community of Midnapore. Set on a quiet street among well-kept neighboring homes, the exterior offers warm tan siding, stone accents, and a bold red walkway leading to elegant glass double doors. Mature evergreens, manicured lawn space, and tidy flower beds create inviting curb appeal. Inside, the bright entry features a tiled staircase, modern light fixture, and a striking stacked-stone feature wall. The main living area includes a stylish stone-surround fireplace with mounted TV, large windows, and abundant natural light. The contemporary kitchen showcases stainless steel appliances, a mix of rich wood and glossy white cabinetry, granite countertops, a sleek tile backsplash, central island with seating, polished wood flooring, and updated lighting. A cozy dining nook with warm natural finishes provides the perfect spot for morning coffee. Throughout the home, thoughtful design elements and a well-maintained presentation highlight pride of ownership. The spacious primary bedroom features a walk-in dressing room and ample closet space. A well-designed 3-piece ensuite offers dual access from both the hallway and the primary bedroom. The room is exceptionally large, providing flexibility for a variety of layouts or future reconfiguration. The fully developed basement includes a generous rec room that can easily accommodate a dining or games area, with a wet bar nearby for added convenience. This level also features one bedroom, a 4-piece bathroom, and a dedicated laundry room, and storage space creating a functional extension of the home’s living space. The covered patio is designed for year-round enjoyment with a transparent roof that brings in natural light while providing shelter. Plenty of seating and a built-in outdoor fireplace create an inviting outdoor living area. The backyard is beautifully maintained with mature trees, a lush lawn, multiple seating areas, a charming garden nook, and a concrete pathway leading to the rear gate. A raised deck with metal railings and a pergola-style cover offers additional outdoor space, while garden beds and thoughtful landscaping enhance the setting. Fully fenced and private, the yard is ideal for quiet enjoyment or gatherings. A double detached garage with alley access completes the property. Midnapore is one of Calgary’s most established, family-friendly lake communities with close access to Fish Creek Provincial Park. Residents enjoy year-round lake access for swimming, skating, paddleboarding, and community events, along with mature trees, scenic pathways, nearby schools, convenient shopping, and easy access to transit and major roadways.

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Apartment prices ease as inventory remains elevated

Calgary, Alberta, June 1, 2026 – In line with seasonal trends, inventory has risen from the start of the year, reaching 6,752 units in May. While these levels are consistent with last May, they remain 11 per cent higher than longer-term trends for the month, thanks to higher supply levels of apartment and row-style homes. Meanwhile, inventory levels for detached homes are down three per cent compared with both last year and long-term trends. 

At the same time, sales activity has been slowing. Calgary sales in May were 2,162 units, 16 per cent lower than last year’s levels and similar to sales reported in April. While new listings also slowed by 13 per cent compared with last year, it was not enough to offset the pullback in sales, causing the sales-to-new-listings ratio to ease to 51 per cent. The lower ratio also contributed to some of the inventory build, causing the months of supply to rise. However, conditions do vary across the market, with a range of two-and-a-half months of supply in the detached market to more than five months of supply in the apartment condominium market.    

“The shift in supply is being felt in the market. More supply choice in the new and rental markets has created a more competitive environment for potential buyers. At the same time, concerns over rising cost of living and slower migration are also weighing on consumers,” said Ann-Marie Lurie, Chief Economist at the Calgary Real Estate Board (CREB®). “While this has caused the overall resale market to shift to a balanced state, the supply pressure is having a more prevalent impact for apartment-style units, where conditions are favouring the buyer. This is also impacting price movements, with apartment prices continuing to trend down and other property types reporting a seasonal lift over the winter months.”  

The unadjusted total residential benchmark price in May was $570,500, up over April’s levels and the $554,400 reported in January, but still three per cent lower than last May. Most of the unadjusted monthly gain was driven by detached homes, which rose from $724,000 in January to $747,800 in May. Apartment prices remain lower than January levels and are nine per cent lower than levels reported last May. Overall, when adjusting for seasonality, total residential prices have remained relatively stable, as detached improvements have offset pullbacks for apartment-style homes.

TO SEE THE FULL REPORT, GO TO:

https://www.creb.com/Housing_Statistics/documents/05_2026_Calgary_Monthly_Stats_Package.pdf

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Your Market Report for the past 7 days.

The Calgary real estate market remains highly competitive with a composite benchmark price hovering around $570,000 to $600,000. Inventory sits at just under 6,000 active listings. The market currently sits in, or is actively trending toward, a seller’s territory with properties moving very quickly.

Key Market Factors

  • Inventory Constraints: Although active listings have stabilized closer to historic averages compared to the severe shortages of 2023–2024, high buyer demand keeps inventory tight in the lower and middle price brackets. 

  • Market Cooling: While prices remain drastically higher than historical norms, some property sectors have experienced slight 1% to 7% year-over-year price declines, offering buyers marginally better negotiating leverage than in previous years. 

Current Market Breakdown

  • Average Home Price: ~$660,000 to $685,000

  • Detached Average Sold Price: ~$830,000 - (representing a slight 1% year-over-year softening)

  • Semi-Detached Average Sold Price: ~$691,000 (down  0.6% year-over-year)

  • Townhouse Average Sold Price: ~$462,000 (down 5% year-over-year)

  • Apartment/Condo Average Sold Price: ~$340,000 (down 7% year-over-year)

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New property listed in Valley Ridge, Calgary

I have listed a new property at 10983 Valley Springs ROAD NW in Calgary. See details here

It is our privilege to present this exceptional two-storey walkout in the highly sought-after community of Valley Ridge. Perfectly positioned on a quiet street, this remarkable home backs directly onto the Valley Ridge Golf Course and offers an incredible southwest-facing view spanning three fairways. Beautiful curb appeal continues through the front entrance, where a large foyer opens into an inviting, open-concept main floor. The kitchen, breakfast bar, nook, and family room create a bright and spacious living area, enhanced by wall-to-wall windows that frame the stunning golf course views. The kitchen features stainless steel appliances including an induction glass-top stove, convection wall oven with warming drawer, granite counters, a corner pantry, and a corner sink overlooking the fairways. A formal dining room and cozy living room provide additional space for entertaining. A laundry room and 2-piece bath complete the main level. The upper floor offers a generous primary suite with a 5-piece ensuite and large walk-in closet, along with two additional bedrooms and a 3-piece bath. The fully developed walkout basement includes a spacious rec room, an additional bedroom, a 3-piece bath, and a flex room. Step outside to an impressive backyard designed for relaxation and privacy, featuring a large patio with outdoor blinds, a charming gazebo area, mature trees and shrubs, and underground sprinklers throughout the property. Additional highlights include an oversized double attached garage and central A/C. Life in Valley Ridge is exceptional—bordering the Bow River, surrounded by green space, and offering quick access to downtown, amenities, and the mountains. You will love this home and the lifestyle this location provides.

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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.