October 2021 Real Estate Stats
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
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 Total Sales in Calgary
| Oct-21 | YTD* | 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-21 | YTD* | 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-21 | YTD* | 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-21 | YTD* | 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-21 | YTD* | 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-21 | YTD* | 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-21 | YTD* | 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-21 | YTD* | 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-21 | YTD* | 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-21 | YTD* | 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
| Detached | Oct-21 | YTD* | 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 - Detached | Oct-21 | YTD* | 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
| Row | Oct-21 | YTD* | 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/Apartment | Oct-21 | YTD* | 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, year over year percent change.
‡Calgary Census Metropolitan Area includes Calgary, Airdrie, and Rocky View
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