Understanding the numbers

How to read Calgary market stats

City-wide averages tell only part of the story. Prices and demand vary widely between communities and between detached homes, semi-detached homes, townhomes and condos.

Watch three numbers: the median sale price, how many months of inventory are available, and average days on market. Together they show whether buyers or sellers have the edge in your segment.

  • Median price: what a typical home sold for
  • Months of inventory: below roughly 4 usually favours sellers
  • Days on market: how quickly homes are selling

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FAQ

Calgary market questions

Where do these Calgary market numbers come from?

Market figures on our site come from the Pillar 9™ MLS® System and update automatically. For context we also follow the Calgary Real Estate Board's monthly reports.

Is it a buyer's or seller's market in Calgary?

It depends on price range, property type and community, and it can change month to month. A balanced market sits between the two. We can tell you exactly what conditions look like for your home or search.

How do I find stats for my community?

Use the community links on this page. Each community page shows live average and median prices and links to a full market stats page.