December 2021 Calgary Real Estate Statistics Recap

If you're thinking about selling your home, now is the time. We are seeing an unprecedented amount of demand on all of our listings.  Our marketing has continued to outpace the industry and has given us some impressive results for our sellers.

Our team is generating many multiple offer situations for our listings, with some homes selling well above list price and in certain instances unconditional offers sight unseen! december 2021 Real Estate Statistics in Calgary

Why is this happening? Calgary is still one of the biggest major cities in Canada left that is still attractive (from an affordability perspective) to live in. While the weather may not be too convincing as of late, many buyers from out of province, and investors are targeting Calgary as the next big market to invest in (before its too late). Based on our analytics and December 2021 stats, we're generating over 60% more interest from previous months from out of town buyers looking to call Calgary and surrounding home. 

Inventory again this month was down 29% year over year, with sales exceeding 40% from December 2020, and overall the city of Calgary recorded 27,686 sales, this is over 72% higher from last year and is over 44% higher than the 10 year average. 

“Concerns over inflation and rising lending rates likely created more urgency with buyers over the past few months. However, as is the case in many other cities, the supply has not kept pace with the demand causing strong price growth,” said CREB® Chief Economist Ann-Marie Lurie.

Overall in 2021, we saw a total benchmark price of $451,567 which is just shy of our previous annual record set back in 2015. 

We'd also like to congratulate our TOP PRODUCERS / REALTORS® for 2021: Sean Galway and Tyler Maceachen tied as our #2 top producers, with Jonathan Ashkin taking the #1 spot in 2021. As a top performing team in Canada filled with talented real estate agents it's no easy feat! 

December Calgary Real Estate Statistics 

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

December 2021 real estate statistics

Latest Combined Calgary Real Estate Statistics: December 2021

  • Benchmark Price $463,900
  • Inventory 2,608
  • Sales to New Listings Ratio 141%
  • Months of Inventory/Supply  1.50 Months of supply (Down 51.0% Y/Y)

Year to Date Calgary Real Estate Statistics: December 2021

  • Benchmark Price $451,567
  • Sales to New Listings Ratio 74%
  • Months of Inventory/Supply  2.30 Months of supply (Down 46% Y/Y)

DOM = Number of Days on Market 

As of December 31st 2021, the average number of days on market for all property types combined was 58 days (YTD) while the month of December saw an average DOM of 47.  


MLS® Listings in Calgary (New) 

As of December 31st 2021 the total number of new active listings in the city of Calgary added to the market was 1,230 and in total there have been 37,668 YTD 


Homes Sold in Calgary December 2021

The total number of homes sold for the month of December in Calgary was 1,737 which represents a 44.87% increase Y/Y. The total sales for 2021 are 27,686 which represents a 71.44% increase Y/Y. 


Average Real Estate Prices in Calgary

In December 2021 the average price for a detached home in the city of Calgary was $587,413.

2021 Greater Calgary Regional Market Statistics

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

December 2021 real estate statistics

Specific community spotlight real estate statistics 

 

December 2021 Total Sales in Calgary


 Dec-21YTD*Y/Y% †
Sales 1,737 27,686 71.44%
New Listings 1,230 37,668 33.74%
Sales to New Listings Ratio 141.22% 73.50% 16.16%
Inventory 2,610 5,296 -7.40%
Average Days on Market 47 39 -29.09%
Benchmark Price 463,900 451,566 0.00%
Average Price 477,977 492,704 7.63%
Median Price 430,500 444,500 8.41%

City Centre Calgary Statistics

 Dec-21YTD*Y/Y% †
Sales 315 5,017 74.44%
New Listings 260 8,985 22.96%
Sales to New Listings Ratio 121.15% 55.84% 16.48%
Inventory 1,001 1,814 1.97%
Average Days on Market 65 54 -14.29%
Benchmark Price 499,500 497,283 0.00%
Average Price 543,112 597,354 4.85%
Median Price 462,500 520,000 6.12%

North Calgary Statistics

 Dec-21YTD*Y/Y% †
Sales 206 3,483 69.57%
New Listings 141 4,202 38.31%
Sales to New Listings Ratio 146.10% 82.89% 15.28%
Inventory 180 475 -14.10%
Average Days on Market 41 35 -32.69%
Benchmark Price 423,100 406,391 0.00%
Average Price 441,643 433,864 8.27%
Median Price 439,950 430,000 7.50%

Northeast Calgary Statistics

 Dec-21YTD*Y/Y% †
Sales 276 3,011 96.41%
New Listings 204 4,272 76.02%
Sales to New Listings Ratio 135.29% 70.48% 7.32%
Inventory 267 581 24.95%
Average Days on Market 51 40 -27.27%
Benchmark Price 369,000 359,083 0.00%
Average Price 382,896 370,889 12.76%
Median Price 373,354 370,000 11.11%

East Calgary Statistics

 Dec-21YTD*Y/Y% †
Sales 60 802 72.47%
New Listings 46 1,148 80.79%
Sales to New Listings Ratio 130.43% 69.86% -3.37%
Inventory 83 164 38.98%
Average Days on Market 58 42 -20.75%
Benchmark Price 318,700 317,608 0.00%
Average Price 299,182 295,913 11.16%
Median Price 319,500 312,000 12.43%

Southeast Calgary Statistics

 Dec-21YTD*Y/Y% †
Sales 235 3,926 64.68%
New Listings 135 4,480 26.13%
Sales to New Listings Ratio 174.07% 87.63% 20.51%
Inventory 183 461 -28.64%
Average Days on Market 35 33 -36.54%
Benchmark Price 468,800 451,758 0.00%
Average Price 469,252 458,339 7.53%
Median Price 445,000 430,000 8.04%

South Calgary Statistics

 Dec-21YTD*Y/Y% †
Sales 307 4,998 62.75%
New Listings 198 6,033 31.70%
Sales to New Listings Ratio 155.05% 82.84% 15.80%
Inventory 305 663 -18.85%
Average Days on Market 38 33 -35.29%
Benchmark Price 448,600 433,900 0.00%
Average Price 448,149 465,653 8.66%
Median Price 458,000 445,000 8.54%

West Calgary Statistics

 Dec-21YTD*Y/Y% †
Sales 157 2,948 74.75%
New Listings 121 4,069 24.13%
Sales to New Listings Ratio 129.75% 72.45% 20.99%
Inventory 329 596 -16.88%
Average Days on Market 47 42 -30.00%
Benchmark Price 564,100 553,083 0.00%
Average Price 620,811 620,079 7.95%
Median Price 589,000 586,912 9.70%

Northwest Calgary Statistics

 Dec-21YTD*Y/Y% †
Sales 172 3,441 66.72%
New Listings 118 4,370 32.18%
Sales to New Listings Ratio 145.76% 78.74% 16.31%
Inventory 248 520 -13.91%
Average Days on Market 46 35 -31.37%
Benchmark Price 521,400 505,775 0.00%
Average Price 545,764 518,132 7.70%
Median Price 510,000 505,000 8.89%

Airdrie Real Estate Statistics

 Dec-21YTD*Y/Y% †
Sales 116 2,299 63.40%
New Listings 81 2,544 31.13%
Sales to New Listings Ratio 143.21% 90.37% 17.84%
Inventory 98 254 -31.35%
Average Days on Market 35 34 -43.33%
Benchmark Price 398,100 380,866 0.00%
Average Price 423,300 407,009 7.67%
Median Price 435,750 405,000 10.35%

Calgary Detached Homes Statistics

 DetachedDec-21YTD*Y/Y% †
Sales 1,007 17,038 71.27%
New Listings 646 21,192 37.93%
Sales to New Listings Ratio 155.88% 80.40% 15.65%
Inventory 899 2,344 -15.62%
Average Days on Market 39 33 -34.00%
Benchmark Price 547,300 529,483 0.00%
Average Price 587,413 585,275 8.56%
Median Price 525,000 517,000 10.00%

Calgary Semi-Detached Homes Statistics

Semi-Detached Dec-21YTD*Y/Y% †
Sales 135 2,571 54.60%
New Listings 106 3,453 23.94%
Sales to New Listings Ratio 127.36% 74.46% 14.77%
Inventory 215 456 -20.00%
Average Days on Market 50 39 -36.07%
Benchmark Price 432,400 420,433 0.00%
Average Price 496,114 498,904 8.87%
Median Price 455,000 420,000 12.00%

Calgary Row Home Statistics

RowDec-21YTD*Y/Y% †
Sales 288 3,936 83.50%
New Listings 184 5,519 35.84%
Sales to New Listings Ratio 156.52% 71.32% 18.53%
Inventory 439 860 -2.16%
Average Days on Market 52 46 -24.59%
Benchmark Price 300,100 294,983 0.00%
Average Price 317,282 325,580 5.17%
Median Price 297,750 300,000 5.26%

Calgary Condominium Statistics

 ApartmentDec-21YTD*Y/Y% †
Sales 307 4,141 73.05%
New Listings 294 7,504 26.05%
Sales to New Listings Ratio 104.42% 55.18% 14.98%
Inventory 1,057 1,635 9.66%
Average Days on Market 67 60 -9.09%
Benchmark Price 252,000 251,358 0.00%
Average Price 261,785 266,827 5.81%
Median Price 235,000 230,000 2.22%
*Year-To-Date as of  January 1, 2022
†Year-To-Date, year over year percent change.
‡Calgary Census Metropolitan Area includes Calgary, Airdrie, and Rocky View

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