April 2022 Calgary Real Estate Statistics Recap
While Calgary real estate saw an all time record high for sales in the month of March this year, it definitely slowed down in April, despite this, we saw a year over year increase of 6% in sales this
month, our new listing count continues to be down year over year as well but only 2.1% presently while inventory remains a persistent factor in this market down over 20% year over year. From the Calgary Real Estate Board HQ “Despite some of the monthly pullback, it is important to note that sales remain exceptionally strong and are likely being limited due to supply choice in the market,” said CREB® Chief Economist Ann-Marie Lurie. “While further rate increases will likely start to dampen demand later this year, more pullbacks in new listings this month are ensuring the market continues to favour the seller, resulting in further price gains. New listings trended down relative to last month and levels recorded last year. With the sales-to-new listings ratio remaining above 74 per cent, there was not much of a shift in overall inventory levels.
The Real Estate Partners team continued to dominate in the greater Calgary real estate space with over $18,000,000 in volume for the month of April! Our inventory remained low until the very end of April as the market has started to slowly cool off a bit and return to more stable levels.
Statistics and information provided courtesy of the Calgary Real Estate Board ® CREB
April Calgary Real Estate Statistics
For optimal viewing, click the infographic to view as a PDF
Latest Combined Calgary Real Estate Statistics: March 2022
- Benchmark Price $526,700
- Inventory 4,850
- Sales to New Listings Ratio 74%
- Months of Inventory/Supply 1.43 Months of supply (Down 25.0% Y/Y)
Year to Date Calgary Real Estate Statistics: March 2022
- Benchmark Price $504,250
- Sales to New Listings Ratio 74%
- Months of Inventory/Supply 1.21 Months of supply (Down 45.0% Y/Y)
DOM = Number of Days on Market
As of April 30th 2022, the average number of days on market for all property types combined was 26 days (YTD) while the month of April saw an average DOM of 22.
MLS® Listings in Calgary (New)
As of April 30th 2022, the total number of new active listings in the city of Calgary added to the market was 4,851 and in total there have been 17,250YTD
Homes Sold in Calgary April 2022
The total number of homes sold for the month of April in Calgary was 3,401 which represents a 6.15% increase Y/Y. The total sales for 2022 are 12,859 which represents a 39.51% increase Y/Y.
Average Real Estate Prices in Calgary
In April 2022 the average price for a detached home in the city of Calgary was $669,028.
2022 Greater Calgary Regional Market Statistics
For best viewing, click the infographic to view as a PDF
Specific community spotlight real estate statistics
Discovery Ridge Detached Homes
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 4 | 24 | -20.00% |
| New Listings | 8 | 29 | -30.95% |
| Sales to New Listings Ratio | 50.00% | 82.76% | 11.33% |
| Inventory | 6 | 3 | -75.00% |
| Average Days on Market | 13 | 16 | -60.00% |
| Benchmark Price | 1,055,700 | 1,006,750 | 0.00% |
| Average Price | 1,011,750 | 1,003,804 | 18.00% |
| Median Price | 995,000 | 988,500 | 24.34% |
Cranston Detached Homes
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 46 | 180 | 10.43% |
| New Listings | 62 | 236 | 15.69% |
| Sales to New Listings Ratio | 74.19% | 76.27% | -3.63% |
| Inventory | 43 | 32 | -25.58% |
| Average Days on Market | 17 | 11 | -62.07% |
| Benchmark Price | 688,400 | 653,775 | 0.00% |
| Average Price | 762,065 | 736,789 | 31.65% |
| Median Price | 650,000 | 671,900 | 24.43% |
Hillhurst Detached Homes
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 9 | 27 | 12.50% |
| New Listings | 11 | 36 | -14.29% |
| Sales to New Listings Ratio | 81.82% | 75.00% | 17.86% |
| Inventory | 10 | 10 | -47.37% |
| Average Days on Market | 23 | 29 | -47.27% |
| Benchmark Price | 676,400 | 643,750 | 0.00% |
| Average Price | 875,778 | 900,270 | 9.03% |
| Median Price | 780,000 | 780,000 | 2.80% |
Oakridge Detached Homes
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 4 | 23 | 0.00% |
| New Listings | 5 | 26 | -18.75% |
| Sales to New Listings Ratio | 80.00% | 88.46% | 16.58% |
| Inventory | 4 | 4 | -20.00% |
| Average Days on Market | 7 | 13 | -7.14% |
| Benchmark Price | 701,500 | 686,225 | 0.00% |
| Average Price | 607,000 | 704,278 | 7.52% |
| Median Price | 584,000 | 700,000 | 22.48% |
Tuscany Detached Homes
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 38 | 128 | -3.76% |
| New Listings | 39 | 155 | -16.22% |
| Sales to New Listings Ratio | 97.44% | 82.58% | 10.69% |
| Inventory | 21 | 16 | -50.00% |
| Average Days on Market | 12 | 9 | -47.06% |
| Benchmark Price | 605,100 | 584,275 | 0.00% |
| Average Price | 667,486 | 673,797 | 16.93% |
| Median Price | 624,850 | 635,450 | 19.90% |
Vista Heights Detached Homes
Connect with our team if you're thinking about selling in this community, we've commanded some of the highest sale prices recently with our advanced marketing and buyer generating programs. We sold this bungalow for not much below list price ($520,000) in April, generating thousands of viewers on our social media and real estate websites.
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 4 | 13 | 85.71% |
| New Listings | 4 | 11 | 22.22% |
| Sales to New Listings Ratio | 100.00% | 118.18% | 40.40% |
| Inventory | 2 | 1 | -50.00% |
| Average Days on Market | 7 | 28 | 3.70% |
| Benchmark Price | 437,600 | 415,650 | 0.00% |
| Average Price | 401,500 | 429,246 | 1.33% |
| Median Price | 415,000 | 425,000 | -0.84% |
Nolan Hill Detached Homes
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 19 | 68 | 47.83% |
| New Listings | 28 | 88 | 37.50% |
| Sales to New Listings Ratio | 67.86% | 77.27% | 5.39% |
| Inventory | 18 | 12 | 9.09% |
| Average Days on Market | 14 | 13 | -31.58% |
| Benchmark Price | 600,500 | 576,075 | 0.00% |
| Average Price | 715,484 | 731,473 | 34.59% |
| Median Price | 717,500 | 721,750 | 36.35% |
April 2022 Total Sales in Calgary
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 3,401 | 12,810 | 40.08% |
| New Listings | 4,577 | 17,201 | 21.01% |
| Sales to New Listings Ratio | 74.31% | 74.47% | 10.14% |
| Inventory | 4,851 | 3,867 | -22.89% |
| Average Days on Market | 22 | 25 | -35.90% |
| Benchmark Price | 526,700 | 504,250 | 0.00% |
| Average Price | 532,093 | 534,949 | 7.35% |
| Median Price | 491,000 | 500,000 | 11.11% |
City Centre Calgary Statistics
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 600 | 2,353 | 31.53% |
| New Listings | 904 | 3,532 | -4.41% |
| Sales to New Listings Ratio | 66.37% | 66.62% | 18.20% |
| Inventory | 1,422 | 1,244 | -30.46% |
| Average Days on Market | 32 | 40 | -24.53% |
| Benchmark Price | 541,500 | 522,475 | 0.00% |
| Average Price | 589,895 | 596,120 | -2.23% |
| Median Price | 517,000 | 523,000 | -2.61% |
North Calgary Statistics
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 457 | 1,760 | 60.88% |
| New Listings | 556 | 2,215 | 43.55% |
| Sales to New Listings Ratio | 82.19% | 79.46% | 8.56% |
| Inventory | 446 | 347 | -20.59% |
| Average Days on Market | 18 | 18 | -47.06% |
| Benchmark Price | 492,900 | 469,725 | 0.00% |
| Average Price | 498,381 | 508,548 | 17.31% |
| Median Price | 500,000 | 500,235 | 17.15% |
Northeast Calgary Statistics
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 419 | 1,598 | 87.56% |
| New Listings | 680 | 2,641 | 91.79% |
| Sales to New Listings Ratio | 61.62% | 60.51% | -1.36% |
| Inventory | 925 | 628 | 33.90% |
| Average Days on Market | 23 | 23 | -41.03% |
| Benchmark Price | 435,700 | 410,175 | 0.00% |
| Average Price | 411,811 | 421,737 | 17.22% |
| Median Price | 400,000 | 415,000 | 15.28% |
East Calgary Statistics
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 88 | 372 | 56.30% |
| New Listings | 130 | 499 | 22.00% |
| Sales to New Listings Ratio | 67.69% | 74.55% | 16.36% |
| Inventory | 165 | 124 | -11.43% |
| Average Days on Market | 23 | 30 | -14.29% |
| Benchmark Price | 356,900 | 342,075 | 0.00% |
| Average Price | 344,015 | 330,914 | 13.17% |
| Median Price | 369,950 | 350,000 | 12.90% |
Southeast Calgary Statistics
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 457 | 1,806 | 36.10% |
| New Listings | 605 | 2,197 | 25.90% |
| Sales to New Listings Ratio | 75.54% | 82.20% | 6.15% |
| Inventory | 434 | 328 | -29.76% |
| Average Days on Market | 16 | 18 | -47.06% |
| Benchmark Price | 545,000 | 519,875 | 0.00% |
| Average Price | 517,080 | 517,295 | 12.61% |
| Median Price | 505,000 | 505,000 | 17.44% |
South Calgary Statistics
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 587 | 2,094 | 26.60% |
| New Listings | 753 | 2,617 | 18.58% |
| Sales to New Listings Ratio | 77.95% | 80.02% | 5.08% |
| Inventory | 593 | 456 | -26.45% |
| Average Days on Market | 20 | 20 | -39.39% |
| Benchmark Price | 506,700 | 486,675 | 0.00% |
| Average Price | 506,007 | 505,452 | 10.55% |
| Median Price | 505,000 | 510,000 | 15.70% |
West Calgary Statistics
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 380 | 1,377 | 30.27% |
| New Listings | 441 | 1,672 | 4.70% |
| Sales to New Listings Ratio | 86.17% | 82.36% | 16.17% |
| Inventory | 422 | 366 | -39.10% |
| Average Days on Market | 23 | 28 | -33.33% |
| Benchmark Price | 633,500 | 608,725 | 0.00% |
| Average Price | 674,078 | 669,896 | 6.93% |
| Median Price | 640,000 | 637,000 | 7.97% |
Northwest Calgary Statistics
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 410 | 1,439 | 27.80% |
| New Listings | 501 | 1,802 | 11.17% |
| Sales to New Listings Ratio | 81.84% | 79.86% | 10.40% |
| Inventory | 426 | 352 | -26.05% |
| Average Days on Market | 19 | 23 | -32.35% |
| Benchmark Price | 589,600 | 566,625 | 0.00% |
| Average Price | 566,479 | 576,898 | 12.02% |
| Median Price | 553,280 | 580,000 | 16.05% |
Airdrie Real Estate Statistics
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 321 | 1,117 | 46.40% |
| New Listings | 334 | 1,358 | 33.79% |
| Sales to New Listings Ratio | 96.11% | 82.25% | 7.08% |
| Inventory | 262 | 208 | -29.49% |
| Average Days on Market | 16 | 16 | -55.56% |
| Benchmark Price | 480,600 | 448,375 | 0.00% |
| Average Price | 490,616 | 495,612 | 21.73% |
| Median Price | 499,900 | 500,000 | 24.84% |
Calgary Detached Homes Statistics
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 1,851 | 7,175 | 24.57% |
| New Listings | 2,540 | 9,861 | 22.24% |
| Sales to New Listings Ratio | 72.87% | 72.76% | 1.36% |
| Inventory | 2,459 | 1,811 | -17.68% |
| Average Days on Market | 18 | 18 | -43.75% |
| Benchmark Price | 628,900 | 601,400 | 0.00% |
| Average Price | 669,028 | 665,093 | 13.53% |
| Median Price | 610,000 | 609,000 | 17.62% |
Calgary Semi-Detached Homes Statistics
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 304 | 1,147 | 29.17% |
| New Listings | 363 | 1,488 | 14.90% |
| Sales to New Listings Ratio | 83.75% | 77.08% | 8.51% |
| Inventory | 381 | 329 | -22.95% |
| Average Days on Market | 22 | 24 | -41.46% |
| Benchmark Price | 487,900 | 466,900 | 0.00% |
| Average Price | 563,340 | 568,814 | 11.45% |
| Median Price | 506,758 | 511,000 | 20.24% |
Calgary Row Home Statistics
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 604 | 2,154 | 76.99% |
| New Listings | 781 | 2,719 | 34.27% |
| Sales to New Listings Ratio | 77.34% | 79.22% | 19.12% |
| Inventory | 737 | 582 | -29.71% |
| Average Days on Market | 20 | 27 | -44.90% |
| Benchmark Price | 343,000 | 326,275 | 0.00% |
| Average Price | 368,519 | 360,404 | 10.60% |
| Median Price | 355,050 | 350,000 | 16.67% |
Calgary Condominium Statistics
| Apr-22 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 642 | 2,334 | 82.34% |
| New Listings | 893 | 3,133 | 10.79% |
| Sales to New Listings Ratio | 71.89% | 74.50% | 29.24% |
| Inventory | 1,274 | 1,143 | -26.68% |
| Average Days on Market | 34 | 46 | -22.03% |
| Benchmark Price | 272,600 | 261,800 | 0.00% |
| Average Price | 276,383 | 279,313 | 7.36% |
| Median Price | 249,950 | 250,000 | 8.70% |
*Year-To-Date as of May 1, 2022
†Year-To-Date, year over year percent change.
‡Calgary Census Metropolitan Area includes Calgary, Airdrie, and Rocky View
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