August 2021 Calgary Real Estate Statistics Recap

The Calgary market continues to trend towards being more balanced after a major kick off at the beginning of the year. CALGARY REAL ESTATE STATISTICS AUGUST 2021

Year over year trends are seeing major increases in areas like sales, new listings, and prices (across the board for all property types) it is important to note that we're coming off a COVID 2020 real estate year which did bring the market to a bit of pause for many buyers and sellers, this pent up demand has translated into a hot market for 2021. 

“Sales have far exceeded expectations throughout most of the pandemic, driven mostly by demand for detached homes. At the same time, supply could not keep pace and conditions shifted to favor the seller, something that has not happened in over six years,” said CREB® chief economist Ann-Marie Lurie

The biggest gains in 2021 are seen by detached homes, again, likely due to an influx of out of town buyers coming into this market from other provinces as they continue to become more and more unaffordable for many Canadians (B.C. / Ontario) coupled with an increase in demand for bigger living spaces as many who lived in smaller living quarters throughout the pandemic do not want to face that situation again. Apartment prices have jumped up y/y as well, but have seen the lowest price increases at only 2.3% y/y - Every district in Calgary saw gains for detached homes in August 2021. 

2021 Calgary Real Estate Infographic

For best viewing, click the infographic to view as a PDF
august 2021 real estate statistics

Latest Calgary Real Estate Statistics: August 2021

  • Benchmark Price $459,600
  • Median Price $439,500
  • Inventory 6,055
  • Sales to New Listings Ratio 76.22%
  • Months of Inventory/Supply: 2.81 (Down by 31.9% Y/Y%)

DOM = Number of Days on Market 

As of September 1st 2021, the average number of days on market for all property types combined was 37 days (YTD) while the month of August saw an average DOM of 42.  


MLS® Listings in Calgary (New) 

As of August 31st 2021 the total number of new active listings in the city of Calgary added to the market was 2,822 and in total there have been 29,040 YTD - This represents a nearly 45% increase Y/Y. 


Homes Sold in Calgary August 2021

The total number of homes sold for the month of August 2021 in Calgary was 2,151 this represents a 36.7% increase Y/Y. The total sales for 2021 are 19,517 which represents a 94.3% increase Y/Y. 


Average Real Estate Prices in Calgary

In August 2021 the average price for a home in the city of Calgary was $488,043, this is a 9.38% increase from last year.

2021 Airdrie | Okotoks | Cochrane | Chestermere | Real Estate Infographic

For best viewing, click the infographic to view as a PDF

August 2021 Total Sales in Calgary

 Aug-21YTD*Y/Y% †
Sales 2,151 19,517 94.30%
New Listings 2,822 29,040 44.60%
Sales to New Listings Ratio 76.22% 67.21% 17.19%
Inventory 6,055 5,816 -2.86%
Average Days on Market 42 37 -32.73%
Benchmark Price 459,600 447,400 7.83%
Average Price 488,043 497,433 9.38%
Median Price 439,500 448,500 9.39%

Detached Sales august 2021

 Aug-21YTD*Y/Y% †
Sales 1,300 12,202 98.21%
New Listings 1,572 16,589 49.75%
Sales to New Listings Ratio 82.70% 73.55% 17.98%
Inventory 2,771 2,644 -10.98%
Average Days on Market 36 30 -40.00%
Benchmark Price 538,700 523,188 9.21%
Average Price 590,784 587,601 9.64%
Median Price 515,000 518,000 10.21%

City Centre Calgary Statistics

 Aug-21YTD*Y/Y% †
Sales 349 3,544 101.02%
New Listings 653 6,964 37.09%
Sales to New Listings Ratio 53.45% 50.89% 16.19%
Inventory 1,945 1,976 10.82%
Average Days on Market 59 51 -19.05%
Benchmark Price 504,600 494,312 4.49%
Average Price 622,747 605,184 7.28%
Median Price 521,013 530,000 8.94%

North Calgary Statistics

 Aug-21YTD*Y/Y% †
Sales 279 2,432 86.79%
New Listings 310 3,248 47.70%
Sales to New Listings Ratio 90.00% 74.88% 15.67%
Inventory 566 538 -11.37%
Average Days on Market 40 33 -36.54%
Benchmark Price 412,000 401,700 9.51%
Average Price 431,196 435,296 9.70%
Median Price 425,000 430,000 8.93%

Northeast Calgary Statistics

 Aug-21YTD*Y/Y% †
Sales 236 1,924 105.34%
New Listings 399 3,220 94.80%
Sales to New Listings Ratio 59.15% 59.75% 3.07%
Inventory 818 631 29.30%
Average Days on Market 42 38 -34.48%
Benchmark Price 366,800 355,338 7.73%
Average Price 378,000 367,766 12.61%
Median Price 375,000 369,000 11.82%

East Calgary Statistics

 Aug-21YTD*Y/Y% †
Sales 55 521 79.04%
New Listings 91 856 96.33%
Sales to New Listings Ratio 60.44% 60.86% -5.88%
Inventory 205 173 42.98%
Average Days on Market 41 36 -36.84%
Benchmark Price 325,800 315,325 7.38%
Average Price 305,679 298,763 13.30%
Median Price 323,000 315,000 14.55%

Southeast Calgary Statistics

 Aug-21YTD*Y/Y% †
Sales 313 2,868 92.74%
New Listings 292 3,473 31.65%
Sales to New Listings Ratio 107.19% 82.58% 26.17%
Inventory 479 518 -27.04%
Average Days on Market 36 32 -39.62%
Benchmark Price 459,900 445,688 10.19%
Average Price 441,115 459,132 8.02%
Median Price 420,000 430,000 8.11%

South Calgary Statistics

 Aug-21YTD*Y/Y% †
Sales 399 3,556 84.54%
New Listings 455 4,595 39.24%
Sales to New Listings Ratio 87.69% 77.39% 19.00%
Inventory 757 728 -16.99%
Average Days on Market 36 32 -37.25%
Benchmark Price 442,500 428,250 8.63%
Average Price 445,752 468,120 9.57%
Median Price 437,000 445,000 8.54%

West Calgary Statistics

 Aug-21YTD*Y/Y% †
Sales 211 2,161 108.99%
New Listings 276 3,170 34.04%
Sales to New Listings Ratio 76.45% 68.17% 24.45%
Inventory 632 655 -11.84%
Average Days on Market 46 39 -33.90%
Benchmark Price 557,700 547,838 6.78%
Average Price 637,037 625,474 10.25%
Median Price 591,500 590,000 11.32%

Northwest Calgary Statistics

 Aug-21YTD*Y/Y% †
Sales 302 2,477 90.83%
New Listings 340 3,439 44.13%
Sales to New Listings Ratio 88.82% 72.03% 17.63%
Inventory 625 575 -10.30%
Average Days on Market 37 32 -36.00%
Benchmark Price 514,700 500,588 8.39%
Average Price 505,471 518,504 7.05%
Median Price 494,000 505,000 8.60%

Airdrie Real Estate Statistics

 Aug-21YTD*Y/Y% †
Sales 183 1,694 88.64%
New Listings 206 2,008 42.01%
Sales to New Listings Ratio 88.83% 84.36% 20.85%
Inventory 261 296 -27.63%
Average Days on Market 35 33 -47.62%
Benchmark Price 389,500 374,175 10.69%
Average Price 386,529 409,529 10.21%
Median Price 386,000 405,000 11.03%

*Year-To-Date as of September 1, 2021
†Year-To-Date, year over year percent change.
‡Calgary Census Metropolitan Area includes Calgary, Airdrie, and Rocky View


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