Fewer Listings, More Balance Returning
October saw the pace of new listings slow across Calgary and area, preventing further inventory gains. With sales activity picking up slightly, many markets are moving back toward balanced conditions. Detached and semi-detached homes remain steady, while apartment and row homes continue to feel the weight of higher supply.
Overall, Calgary’s benchmark price dipped just under 1% month-over-month to $568,000, about 4% below last year. Row and apartment prices have eased 6–7% year-over-year, while detached homes continue to hold more stable.
▪️ Airdrie: Activity slowed with elevated inventory (over 4 months of supply). Prices have trended down since spring — October’s benchmark at $520,400, nearly 5% below last year.
▪️ Cochrane: Sales improved as listings eased, keeping supply just above 4 months. Benchmark price held firm at $585,200, up 2% from last year — steady and resilient.
▪️ Okotoks: New listings rose while sales cooled, bringing some relief to inventory. Prices ticked up to $618,600, essentially flat year-over-year, maintaining stability.
What This Means for You:
▪️ Buyers: More balanced conditions = more breathing room. Explore options without the spring rush.
▪️ Sellers: Pricing and presentation matter. Move-in-ready homes priced right are still attracting strong interest.
Thinking of making a move before year-end? Let’s build a plan tailored to today’s market.
Rene Simpson | Realtor® / Real Estate Associate
Legacy Real Estate Services
renesimpson.realtor@gmail.com | renesimpsonrealty.ca | 403-901-5526
Airdrie, Calgary & Area Realtor®
Market data provided by CREB®. Info deemed reliable but not guaranteed. Stats are for informational purposes only.
