January 2022 Calgary Real Estate Statistics Recap

To summarize the Calgary January 2022 real estate market in one video thumbnail... In January 2022 we saw multiple listings go for over six figures above list price, with unconditional offers! 

Inventory in Calgary is now at only 2,620 units, this represents a significant decrease (35% from 2021) with sales up over 66%! This months supply levels reached the lowest we've seen since 2006. 

“Expected gains in lending rates are contributing to persistently strong demand in the housing market, as purchasers are eager to get ahead of any increases,” said CREB® Chief Economist Ann-Marie Lurie. “We did see more listings this month, but it did little to change the market balance or take any pressure off prices. This was expected, as these conditions should persist for several more months.”

January Calgary Real Estate Statistics 

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Calgary Real Estate stats 2022

Latest Combined Calgary Real Estate Statistics: January 2022

  • Benchmark Price $472,300
  • Inventory 2,620
  • Sales to New Listings Ratio 81%
  • Months of Inventory/Supply  1.30 Months of supply (Down 61.0% Y/Y)

Year to Date Calgary Real Estate Statistics: January 2022

  • Benchmark Price $472,300
  • Sales to New Listings Ratio 81%
  • Months of Inventory/Supply  1.30 Months of supply (Down 61.0% Y/Y)

DOM = Number of Days on Market 

As of January 31st 2022, the average number of days on market for all property types combined was 33 days (YTD) while the month of January saw an average DOM of 33.  


MLS® Listings in Calgary (New) 

As of January 31st 2022, the total number of new active listings in the city of Calgary added to the market was 1,295 and in total there have been 1,295 YTD 


Homes Sold in Calgary January 2022

The total number of homes sold for the month of January in Calgary was 1,148 which represents a 56.62% increase Y/Y. The total sales for 2022 are 1,148 which represents a 56.62% increase Y/Y. 


Average Real Estate Prices in Calgary

In January 2022 the average price for a detached home in the city of Calgary was $624,161.

2022 Greater Calgary Regional Market Statistics

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Regional Stats 2022

Specific community spotlight real estate statistics 

Discovery Ridge Detached Homes 

 Jan-22YTD*Y/Y% †
Sales 5 5 -16.67%
New Listings 2 2 -66.67%
Sales to New Listings Ratio 250.00% 250.00% 150.00%
Inventory Insufficient Data Insufficient Data Insufficient Data
Average Days on Market 51 51 -15.00%
Benchmark Price 966,300 966,300 0.00%
Average Price 931,100 931,100 11.21%
Median Price 755,000 755,000 -11.70%

Cranston Detached Homes 

 Jan-22YTD*Y/Y% †
Sales 24 24 26.32%
New Listings 32 32 18.52%
Sales to New Listings Ratio 75.00% 75.00% 4.63%
Inventory 17 17 -50.00%
Average Days on Market 14 14 -73.58%
Benchmark Price 597,500 597,500 0.00%
Average Price 794,812 794,812 49.65%
Median Price 702,500 702,500 39.11%

Hillhurst Detached Homes

 Jan-22YTD*Y/Y% †
Sales 7 7 133.33%
New Listings 8 8 -11.11%
Sales to New Listings Ratio 87.50% 87.50% 54.17%
Inventory 8 8 -55.56%
Average Days on Market 57 57 -39.36%
Benchmark Price 612,600 612,600 0.00%
Average Price 914,543 914,543 83.03%
Median Price 780,000 780,000 68.10%

Oakridge Detached Homes 

 Jan-22YTD*Y/Y% †
Sales 2 2  
New Listings 2 2  
Sales to New Listings Ratio 100.00% 100.00%  
Inventory 3 3  
Average Days on Market 10 10  
Benchmark Price 660,900 660,900  
Average Price 746,500 746,500  
Median Price 746,500 746,500

Tuscany Detached Homes 

 Jan-22YTD*Y/Y% †
Sales 14 14 -17.65%
New Listings 20 20 -25.93%
Sales to New Listings Ratio 70.00% 70.00% 7.04%
Inventory 7 7 -66.67%
Average Days on Market 6 6 -79.31%
Benchmark Price 539,100 539,100 0.00%
Average Price 642,900 642,900 17.58%
Median Price 590,000 590,000 14.56%

Vista Heights Detached Homes 

 Jan-22YTD*Y/Y% †
Sales 4 4  
New Listings 1 1  
Sales to New Listings Ratio 400.00% 400.00%  
Inventory 2 2  
Average Days on Market 64 64  
Benchmark Price 394,300 394,300  
Average Price 417,425 417,425  
Median Price 406,875 406,875

Nolan Hill Detached Homes 

 Jan-22YTD*Y/Y% †
Sales 7 7  
New Listings 6 6  
Sales to New Listings Ratio 116.67% 116.67%  
Inventory 3 3  
Average Days on Market 23 23  
Benchmark Price 529,900 529,900  
Average Price 695,786 695,786  
Median Price 705,000 705,000

January 2022 Total Sales in Calgary

 Jan-22YTD*Y/Y% †
Sales 2,009 2,009 66.45%
New Listings 2,476 2,476 10.04%
Sales to New Listings Ratio 81.14% 81.14% 27.50%
Inventory 2,621 2,621 -35.11%
Average Days on Market 44 44 -22.81%
Benchmark Price 472,300 472,300 0.00%
Average Price 510,701 510,701 8.19%
Median Price 466,000 466,000 11.22%

City Centre Calgary Statistics

 Jan-22YTD*Y/Y% †
Sales 396 396 50.00%
New Listings 650 650 -1.81%
Sales to New Listings Ratio 60.92% 60.92% 21.04%
Inventory 1,037 1,037 -27.99%
Average Days on Market 60 60 -11.76%
Benchmark Price 501,300 501,300 0.00%
Average Price 608,677 608,677 7.97%
Median Price 545,000 545,000 7.65%

North Calgary Statistics

 Jan-22YTD*Y/Y% †
Sales 237 237 85.16%
New Listings 266 266 22.58%
Sales to New Listings Ratio 89.10% 89.10% 30.11%
Inventory 187 187 -46.72%
Average Days on Market 33 33 -44.07%
Benchmark Price 433,900 433,900 0.00%
Average Price 488,381 488,381 16.57%
Median Price 475,000 475,000 15.85%

Northeast Calgary Statistics

 Jan-22YTD*Y/Y% †
Sales 311 311 132.09%
New Listings 315 315 47.20%
Sales to New Listings Ratio 98.73% 98.73% 36.11%
Inventory 234 234 -35.89%
Average Days on Market 42 42 -22.22%
Benchmark Price 376,800 376,800 0.00%
Average Price 398,877 398,877 20.31%
Median Price 393,500 393,500 17.81%

East Calgary Statistics

 Jan-22YTD*Y/Y% †
Sales 69 69 72.50%
New Listings 75 75 8.70%
Sales to New Listings Ratio 92.00% 92.00% 34.03%
Inventory 83 83 -9.78%
Average Days on Market 47 47 -2.08%
Benchmark Price 325,000 325,000 0.00%
Average Price 324,828 324,828 25.75%
Median Price 332,000 332,000 21.83%

Southeast Calgary Statistics

 Jan-22YTD*Y/Y% †
Sales 248 248 54.04%
New Listings 304 304 24.59%
Sales to New Listings Ratio 81.58% 81.58% 15.60%
Inventory 213 213 -41.48%
Average Days on Market 33 33 -44.07%
Benchmark Price 478,800 478,800 0.00%
Average Price 493,002 493,002 12.21%
Median Price 468,725 468,725 15.73%

South Calgary Statistics

 Jan-22YTD*Y/Y% †
Sales 309 309 42.40%
New Listings 379 379 9.54%
Sales to New Listings Ratio 81.53% 81.53% 18.81%
Inventory 329 329 -35.36%
Average Days on Market 33 33 -29.79%
Benchmark Price 458,200 458,200 0.00%
Average Price 473,023 473,023 8.06%
Median Price 490,000 490,000 18.36%

West Calgary Statistics

 Jan-22YTD*Y/Y% †
Sales 230 230 67.88%
New Listings 232 232 -11.45%
Sales to New Listings Ratio 99.14% 99.14% 46.85%
Inventory 277 277 -46.11%
Average Days on Market 50 50 -19.35%
Benchmark Price 572,900 572,900 0.00%
Average Price 610,464 610,464 -2.29%
Median Price 600,000 600,000 4.53%

Northwest Calgary Statistics

 Jan-22YTD*Y/Y% †
Sales 208 208 65.08%
New Listings 246 246 8.37%
Sales to New Listings Ratio 84.55% 84.55% 29.04%
Inventory 241 241 -38.05%
Average Days on Market 46 46 -9.80%
Benchmark Price 532,900 532,900 0.00%
Average Price 545,969 545,969 12.42%
Median Price 557,500 557,500 23.00%

Airdrie Real Estate Statistics

"Persistently tight market conditions continue to place upward pressure on prices. In January, the total residential benchmark price rose by nearly three per cent over last month to $408,900. Most of the increase was due to significant gains recorded for both " - Calgary Real Estate Board

 Jan-22YTD*Y/Y% †
Sales 145 145 40.78%
New Listings 159 159 6.71%
Sales to New Listings Ratio 91.19% 91.19% 22.06%
Inventory 103 103 -57.44%
Average Days on Market 22 22 -64.52%
Benchmark Price 408,900 408,900 0.00%
Average Price 467,456 467,456 20.34%
Median Price 460,000 460,000 17.95%

Calgary Detached Homes Statistics

 Jan-22YTD*Y/Y% †
Sales 1,148 1,148 56.62%
New Listings 1,295 1,295 16.25%
Sales to New Listings Ratio 88.65% 88.65% 22.85%
Inventory 895 895 -46.85%
Average Days on Market 33 33 -37.74%
Benchmark Price 559,800 559,800 0.00%
Average Price 624,161 624,161 11.62%
Median Price 570,000 570,000 18.26%

Calgary Semi-Detached Homes Statistics

 Jan-22YTD*Y/Y% †
Sales 199 199 42.14%
New Listings 267 267 25.94%
Sales to New Listings Ratio 74.53% 74.53% 8.49%
Inventory 242 242 -29.86%
Average Days on Market 35 35 -40.68%
Benchmark Price 439,900 439,900 0.00%
Average Price 558,094 558,094 16.61%
Median Price 510,000 510,000 31.53%

Calgary Row Home Statistics

 Jan-22YTD*Y/Y% †
Sales 305 305 103.33%
New Listings 363 363 -2.42%
Sales to New Listings Ratio 84.02% 84.02% 43.70%
Inventory 422 422 -39.37%
Average Days on Market 58 58 -13.43%
Benchmark Price 305,600 305,600 0.00%
Average Price 336,638 336,638 11.34%
Median Price 314,000 314,000 8.28%

Calgary Condominium Statistics

 Jan-22YTD*Y/Y% †
Sales 357 357 94.02%
New Listings 551 551 -0.18%
Sales to New Listings Ratio 64.79% 64.79% 31.46%
Inventory 1,062 1,062 -19.18%
Average Days on Market 70 70 7.69%
Benchmark Price 251,200 251,200 0.00%
Average Price 268,141 268,141 3.93%
Median Price 234,000 234,000 6.36%

*Year-To-Date as of February 1, 2022
†Year-To-Date, year over year percent change.
‡Calgary Census Metropolitan Area includes Calgary, Airdrie, and Rocky View

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