Supply Levels Ease as We Move Into Winter
October brought a seasonal slowdown across Calgary, with sales, new listings and inventory declining. Market conditions continue to vary by location and property type. Detached and semi-detached homes remain relatively balanced, while townhomes and condos face greater competition and price pressure.
• Calgary: 1,592 sales | $564,200 benchmark | 3.88 months of supply. Detached homes remain balanced, while higher-density properties favour buyers.
• Airdrie: 113 sales | $502,500 benchmark | 4.08 months of supply. New construction and competing inventory continue to pressure resale prices.
• Cochrane: 62 sales | $571,100 benchmark | 5.82 months of supply. Rising inventory provides buyers with more choice.
• Okotoks: 45 sales | $600,100 benchmark | 3.04 months of supply. Conditions remain relatively balanced, with less price pressure.
Buyers
▪️ More selection in townhomes and condos creates opportunities.
▪️ Higher-inventory markets may offer greater negotiating flexibility.
▪️ Conditions vary by community, property type and price range.
Sellers
▪️ Competitive pricing from the start is essential.
▪️ Presentation, condition and effective marketing matter.
▪️ Detached homes remain relatively balanced, but competition varies by location.
As we move into winter, understanding local market trends is key. Thinking about buying or selling? Let's look beyond the headlines and see what's happening in your neighbourhood.
Rene Simpson | Realtor®
Legacy Real Estate Services
renesimpson.realtor@gmail.com
renesimpsonrealty.ca | 403-901-5526
Airdrie, Calgary & Area Realtor®
Market data provided by CREB®. Information deemed reliable but not guaranteed.
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