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 thisAPRIL 2022 REAL ESTATE CALGARY 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

Calgary_Real_Estate_Stats_April_2022

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

Okotoks Cochrane Chestermere Airdrie Real Estate Stats April 2022

Specific community spotlight real estate statistics 

Discovery Ridge Detached Homes 

 Apr-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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-22YTD*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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