October 2021 Real Estate Stats

CALGARY REAL ESTATE STATISTICS september 2021

The stats for Octobers real estate market in Calgary have been compiled and released! This month we saw 2,186 total sales which ended up being a record high for the month and is trending over 35% higher than previous long term averages.

Moving into the fourth quarter, the pace of housing demand continues to exceed expectations in the city,” said CREB® chief economist Ann-Marie Lurie. “Much of the persistent strength is likely related to improving confidence in future economic prospects, as well as a sense of urgency among consumers to take advantage of the low-lending-rate environment.” 

Across the city we've seen significant October benchmark price increases for most zones throughout Calgary. 

From our Calgary Real Estate Infographic from August we can note some increases in benchmark prices (many of which are double digit increases year over year). 

West Calgary Benchmark Price

August $557,700

October $562,000 

North West Calgary Benchmark Price

August $514,700

October $518,300 

South Calgary Benchmark Price

August  $442,500

October  $443,900

North Calgary Benchmark Price

August  $412,000

October  $414,000

South East Calgary Benchmark Price

August $455,900

October $460,600

We did see decreases in North East Calgary $500 as well as: 

East Calgary Benchmark Price

August $325,800

October $324,600

City Centre Calgary Benchmark Price

August $502,500

October $504,600

October Calgary Real Estate Statistics 

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

Latest Combined Calgary Real Estate Statistics: October 2021

  • Benchmark Price $460,100
  • Inventory 4,870
  • Sales to New Listings Ratio 87%
  • Months of Inventory/Supply  2.23 Months of supply (Down 32.0% Y/Y)

Year to Date Calgary Real Estate Statistics: October 2021

  • Benchmark Price $449,390
  • Sales to New Listings Ratio 69%
  • Months of Inventory/Supply  2.39 Months of supply (Down 46% Y/Y)

DOM = Number of Days on Market 

As of October 31st, 2021, the average number of days on market for all property types combined was 32 days (YTD) while the month of October saw an average DOM of 39.  


MLS® Listings in Calgary (New) 

As of October 31st, 2021 the total number of new active listings in the city of Calgary added to the market was 1,350 and in total there have been 19,683 YTD 


Homes Sold in Calgary October 2021

The total number of homes sold for the month of October in Calgary was 1,333 which represents a 17.24% increase Y/Y. The total sales for 2021 are 14,975 which represents a 76.95% increase Y/Y. 


Average Real Estate Prices in Calgary

In October 2021 the average price for a detached home in the city of Calgary was $571,183

2021 Greater Calgary Regional Market Statistics

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

october 2021 real estate statistics

October 2021 Total Sales in Calgary


 Oct-21YTD*Y/Y% †
Sales 2,186 23,848 76.48%
New Listings 2,500 34,439 36.30%
Sales to New Listings Ratio 87.44% 69.25% 15.77%
Inventory 4,871 5,700 -4.89%
Average Days on Market 43 38 -29.63%
Benchmark Price 460,100 449,390 0.00%
Average Price 485,277 494,302 7.71%
Median Price 438,250 445,000 8.01%

City Centre Calgary Statistics

 Oct-21YTD*Y/Y% †
Sales 403 4,304 79.03%
New Listings 599 8,260 26.09%
Sales to New Listings Ratio 67.28% 52.11% 15.41%
Inventory 1,677 1,935 5.97%
Average Days on Market 55 53 -15.87%
Benchmark Price 502,500 496,920 0.00%
Average Price 579,052 601,289 5.87%
Median Price 486,500 525,000 7.14%

North Calgary Statistics

 Oct-21YTD*Y/Y% †
Sales 283 3,007 74.42%
New Listings 263 3,838 39.82%
Sales to New Listings Ratio 107.60% 78.35% 15.54%
Inventory 411 522 -11.82%
Average Days on Market 40 34 -34.62%
Benchmark Price 414,000 403,740 0.00%
Average Price 438,063 433,331 8.73%
Median Price 439,500 430,000 8.04%

Northeast Calgary Statistics


 Oct-21YTD*Y/Y% †
Sales 261 2,463 96.10%
New Listings 302 3,835 83.23%
Sales to New Listings Ratio 86.42% 64.22% 4.21%
Inventory 558 629 30.50%
Average Days on Market 45 39 -31.58%
Benchmark Price 366,300 357,360 0.00%
Average Price 380,077 368,584 12.74%
Median Price 379,000 369,000 11.52%

East Calgary Statistics


 Oct-21YTD*Y/Y% †
Sales 90 669 76.52%
New Listings 71 1,041 88.93%
Sales to New Listings Ratio 126.76% 64.27% -4.51%
Inventory 162 176 43.09%
Average Days on Market 52 39 -26.42%
Benchmark Price 324,600 317,090 0.00%
Average Price 297,887 297,072 12.11%
Median Price 321,194 314,000 13.97%

Southeast Calgary Statistics


 Oct-21YTD*Y/Y% †
Sales 302 3,436 71.97%
New Listings 290 4,101 26.97%
Sales to New Listings Ratio 104.14% 83.78% 21.92%
Inventory 403 501 -27.60%
Average Days on Market 33 33 -36.54%
Benchmark Price 460,600 448,650 0.00%
Average Price 461,760 458,359 6.94%
Median Price 430,204 430,000 7.50%

South Calgary Statistics


 Oct-21YTD*Y/Y% †
Sales 368 4,307 67.00%
New Listings 424 5,482 32.99%
Sales to New Listings Ratio 86.79% 78.57% 16.00%
Inventory 632 715 -17.82%
Average Days on Market 37 33 -34.00%
Benchmark Price 443,900 431,300 0.00%
Average Price 464,372 466,293 8.12%
Median Price 445,500 444,500 8.41%

West Calgary Statistics


 Oct-21YTD*Y/Y% †
Sales 215 2,593 83.25%
New Listings 268 3,740 26.69%
Sales to New Listings Ratio 80.22% 69.33% 21.40%
Inventory 538 637 -14.84%
Average Days on Market 47 41 -30.51%
Benchmark Price 562,000 550,400 0.00%
Average Price 596,651 621,718 7.57%
Median Price 590,000 588,000 9.40%

Northwest Calgary Statistics


 Oct-21YTD*Y/Y% †
Sales 258 3,025 72.96%
New Listings 272 4,048 35.43%
Sales to New Listings Ratio 94.85% 74.73% 16.22%
Inventory 470 563 -12.03%
Average Days on Market 42 34 -32.00%
Benchmark Price 518,300 503,440 0.00%
Average Price 520,994 517,087 6.94%
Median Price 495,250 502,625 8.09%

Airdrie Real Estate Statistics


 Oct-21YTD*Y/Y% †
Sales 179 2,039 70.06%
New Listings 154 2,338 34.60%
Sales to New Listings Ratio 116.23% 87.21% 18.18%
Inventory 192 279 -29.55%
Average Days on Market 38 33 -45.00%
Benchmark Price 395,300 377,720 0.00%
Average Price 383,513 407,383 8.50%
Median Price 390,000 405,000 10.81%

Calgary Detached Homes Statistics


 DetachedOct-21YTD*Y/Y% †
Sales 1,333 14,790 77.17%
New Listings 1,350 19,494 40.54%
Sales to New Listings Ratio 98.74% 75.87% 15.69%
Inventory 2,063 2,571 -12.91%
Average Days on Market 39 32 -34.69%
Benchmark Price 540,900 526,390 0.00%
Average Price 570,923 585,506 8.47%
Median Price 510,000 515,575 9.46%

Calgary Semi-Detached Homes Statistics

 Semi - DetachedOct-21YTD*Y/Y% †
Sales 222 2,226 61.07%
New Listings 226 3,166 26.49%
Sales to New Listings Ratio 98.23% 70.31% 15.10%
Inventory 428 493 -18.65%
Average Days on Market 39 38 -37.70%
Benchmark Price 427,800 418,300 0.00%
Average Price 484,213 499,098 9.06%
Median Price 405,000 417,500 12.02%

Calgary Row Home Statistics

 

 RowOct-21YTD*Y/Y% †
Sales 271 3,329 86.50%
New Listings 393 5,030 38.41%
Sales to New Listings Ratio 68.96% 66.18% 17.06%
Inventory 820 921 0.99%
Average Days on Market 46 46 -23.33%
Benchmark Price 300,300 294,060 0.00%
Average Price 326,783 326,697 5.25%
Median Price 305,000 300,000 4.90%

Calgary Condominium Statistics


 Condominium/ApartmentOct-21YTD*Y/Y% †
Sales 360 3,503 75.33%
New Listings 531 6,749 28.33%
Sales to New Listings Ratio 67.80% 51.90% 13.91%
Inventory 1,560 1,714 12.61%
Average Days on Market 59 59 -10.61%
Benchmark Price 252,200 251,270 0.00%
Average Price 288,118 265,464 4.27%
Median Price 235,000 230,000 1.32%
*Year-To-Date as of  November 1, 2021

†Year-To-Date, year over year percent change.
‡Calgary Census Metropolitan Area includes Calgary, Airdrie, and Rocky View

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