A quick look at Calgary’s real estate pulse for mid-Q3: we saw 1,660 home sales, which is about 16% fewer than last year. The residential benchmark eased to $570,000 after a slight 1% dip. If you’re watching the condo market, you’ll notice the biggest shifts there—apartment benchmarks landed at $295,000 (down 8%), and row homes averaged $415,000 after a 5% yearly drop. Detached homes settled close to $744,000, just a 1% decrease, and semi-detached properties actually nudged up to $691,000.
New listings totaled 3,140, about 10% less than this time last year, and inventory sits at 6,510 homes—just a small decrease overall. What’s interesting is how the supply changes by price range: higher-end properties are seeing more options, while strong rental conditions are making some buyers pause on making the move from renting to owning, especially at the entry level.
As a Calgary specialist and Certified Condo Specialist, I spend a lot of time tracking these shifts to help clients find the home they truly want to wake up in. Whether you’re looking at your first place, considering a change, or thinking ahead, understanding these numbers helps you make confident decisions.
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