More Balance, Softer Prices
August brought steadier conditions across Calgary as inventory stayed high at 6,698 keeping the market more balanced. Buyers are taking their time with more choice available, while sellers are adjusting expectations.
Overall, benchmark prices remain about 4% below last year’s peak, with the largest adjustments in apartments and row homes, especially in NE and North Calgary.
Detached and semi-detached homes are holding closer to balanced.
Airdrie: Higher inventory continues to weigh on prices, now down ~3% from last year, though still above 2022 levels.
Cochrane: More resilient, with prices holding at $589,000, up 2% year-over-year.
Okotoks: Tighter conditions with just over 2 months of supply—prices steady, edging up 1% over last August.
Thinking of buying or selling this fall?
Let’s put a plan in place to reach your real estate goals—contact me today!
Rene Simpson | Realtor® / Real Estate Associate
Legacy Real Estate Services
renesimpson.realtor@gmail.com
renesimpsonrealty.ca
403-901-5526
Airdrie, Calgary and Area Realtor®
Market data provided by CREB®. Info deemed reliable but not guaranteed. Stats are for informational purposes only.
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