August 2022 Calgary Real Estate Statistics Recap

August was another month of strong sales activity, while detached sales have struggled as interest rates rise down 18% from last year, however apartment sales have soared 58% y/y. 

“While higher lending rates have slowed activity in the detached market, we are still seeing homebuyers shift to more affordable options which is keeping sales activity relatively strong,” said CREB® Chief Economist Ann-Marie Lurie. “This makes Calgary different than some of the larger cities in the country which have recorded significant pullbacks in sales.”

Curious about what your home is worth? Utilize our instant CMA tool to get a rough market value of your home, please note this tool is only designed to deliver approximate prices and may not be accurate depending on certain conditions, we always recommend you reach out directly to our team to book a free home evaluation.

Statistics and information provided courtesy of the Calgary Real Estate Board ® CREB

Latest Combined Calgary Real Estate Statistics: August 2022

  • Benchmark Price $531,800
  • Inventory 4,778
  • Sales to New Listings Ratio 79%
  • Months of Inventory/Supply  2.24 Months of supply (Down 21.0% Y/Y)

Year to Date Calgary Real Estate Statistics: August 2022

  • Benchmark Price $532,688
  • Sales to New Listings Ratio 73%
  • Months of Inventory/Supply  1.57 Months of supply (Down 34.0% Y/Y)

DOM = Number of Days on Market 

As of August 31st, 2022, the average number of days on market for all property types combined was 27 days (YTD) while the month of August saw an average DOM of 35.  


MLS® Listings in Calgary (New) 

As of August 31st, 2022, the total number of new active listings in the city of Calgary added to the market was 4,782 and in total there have been 31,790 YTD 


Homes Sold in Calgary August 2022

The total number of homes sold for the month of August in Calgary was 2,135 which represents a -0.51% decrease Y/Y. The total sales for 2022 are 23,335 which represents a 17.66% increase Y/Y. 


Average Real Estate Prices in Calgary

In August 2022 the average price for a detached home in the city of Calgary was $636,707.

2022 Greater Calgary Regional Market Statistics

Specific community spotlight real estate statistics 

Aspen Woods Detached Homes 

 Aug-22YTD*Y/Y% †
Sales 5 104 -6.31%
New Listings 9 156 -15.22%
Inventory N/A N/A N/A
Sales To New Listings Ratio 55.56% 66.67% 10.51%
Benchmark Price 1,021,400 1,063,837 14.99%
Median Price 880,000 1,165,000 27.32%
Average Price 952,200 1,175,866 12.78%
Average Days on Market 32 22 -24.14%

Auburn Bay Detached Homes 

 Aug-22YTD*Y/Y% †
Sales 14 241 -3.21%
New Listings 22 293 9.33%
Inventory N/A N/A N/A
Sales To New Listings Ratio 63.64% 82.25% -11.47%
Benchmark Price 728,600 731,150 23.05%
Median Price 617,500 670,000 17.56%
Average Price 636,036 708,835 19.56%
Average Days on Market 26 13 -50.00%

Cliff Bungalow Detached Homes

 Aug-22YTD*Y/Y% †
Sales 2 7 -22.22%
New Listings 2 8 -42.86%
Inventory N/A N/A N/A
Sales To New Listings Ratio 100.00% 87.50% 36.10%
Benchmark Price 961,100 912,825 11.36%
Median Price 814,950 875,000 1.74%
Average Price 814,950 840,957 -0.02%
Average Days on Market 52 68 142.86%

Deer Ridge Detached Homes 

 Aug-22YTD*Y/Y% †
Sales 4 33 -2.94%
New Listings 4 37 -22.92%
Inventory N/A N/A N/A
Sales To New Listings Ratio 100.00% 89.19% 25.92%
Benchmark Price 493,000 486,575 16.06%
Median Price 524,500 491,000 22.86%
Average Price 496,222 492,978 13.63%
Average Days on Market 12 18 -25.00%

Citadel Detached Homes 

 Aug-22YTD*Y/Y% †
Sales 8 124 5.08%
New Listings 10 144 4.35%
Inventory N/A N/A N/A
Sales To New Listings Ratio 80.00% 86.11% 0.70%
Benchmark Price 583,500 586,400 19.09%
Median Price 531,000 575,000 19.80%
Average Price 530,488 577,715 18.61%
Average Days on Market 21 14 -41.67%

Castleridge Detached Homes 

 Aug-22YTD*Y/Y% †
Sales 8 68 28.30%
New Listings 8 107 21.59%
Inventory N/A N/A N/A
Sales To New Listings Ratio 100.00% 63.55% 5.51%
Benchmark Price 398,700 402,562 19.34%
Median Price 361,000 390,000 11.11%
Average Price 359,138 395,563 13.41%
Average Days on Market 48 23 -30.30%

Carrington Detached Homes 

 Aug-22YTD*Y/Y% †
Sales 5 26 52.94%
New Listings 6 55 129.17%
Inventory N/A N/A N/A
Sales To New Listings Ratio 83.33% 47.27% -33.26%
Benchmark Price 666,500 665,637 24.56%
Median Price 780,000 800,000 28.00%
Average Price 763,760 797,377 25.14%
Average Days on Market 63 30 -50.82%

August 2022 Total Sales in Calgary

 Aug-22YTD*Y/Y% †
Sales 2,135 23,079 18.35%
New Listings 2,718 31,450 8.33%
Inventory N/A N/A N/A
Sales To New Listings Ratio 78.55% 73.38% 9.25%
Benchmark Price 531,800 532,687 14.11%
Median Price 438,400 480,000 7.14%
Average Price 485,106 522,065 5.00%
Average Days on Market 35 27 -27.03%

City Centre Calgary Statistics

 Aug-22YTD*Y/Y% †
Sales 361 4,089 15.57%
New Listings 564 6,533 -6.15%
Inventory N/A N/A N/A
Sales To New Listings Ratio 64.01% 62.59% 23.14%
Benchmark Price 584,800 582,437 8.42%
Median Price 362,000 478,000 -9.81%
Average Price 504,763 577,253 -4.57%
Average Days on Market 48 39 -23.53%

North Calgary Statistics

 Aug-22YTD*Y/Y% †
Sales 272 3,092 27.14%
New Listings 365 3,952 21.67%
Inventory N/A N/A N/A
Sales To New Listings Ratio 74.52% 78.24% 4.49%
Benchmark Price 503,900 499,600 18.80%
Median Price 462,250 485,000 12.79%
Average Price 466,927 495,622 13.85%
Average Days on Market 30 21 -36.36%

Northeast Calgary Statistics

 Aug-22YTD*Y/Y% †
Sales 262 2,869 49.27%
New Listings 358 4,501 39.70%
Inventory N/A N/A N/A
Sales To New Listings Ratio 73.18% 63.74% 6.86%
Benchmark Price 421,000 422,337 20.35%
Median Price 380,000 408,500 10.70%
Average Price 400,887 416,575 13.27%
Average Days on Market 39 28 -26.32%

East Calgary Statistics

 Aug-22YTD*Y/Y% †
Sales 90 736 41.27%
New Listings 77 969 13.20%
Inventory N/A N/A N/A
Sales To New Listings Ratio 116.88% 75.95% 24.79%
Benchmark Price 332,300 333,312 12.70%
Median Price 325,000 340,000 7.94%
Average Price 310,930 323,569 8.30%
Average Days on Market 37 30 -16.67%

Southeast Calgary Statistics

 Aug-22YTD*Y/Y% †
Sales 267 3,282 14.52%
New Listings 322 3,987 14.80%
Inventory N/A N/A N/A
Sales To New Listings Ratio 82.92% 82.32% -0.24%
Benchmark Price 524,600 522,187 18.44%
Median Price 475,000 488,111 13.51%
Average Price 501,695 508,656 10.85%
Average Days on Market 29 20 -37.50%

South Calgary Statistics

 Aug-22YTD*Y/Y% †
Sales 412 4,021 12.85%
New Listings 487 5,096 10.69%
Inventory N/A N/A N/A
Sales To New Listings Ratio 84.60% 78.91% 1.96%
Benchmark Price 515,600 515,487 14.73%
Median Price 480,000 501,000 12.58%
Average Price 485,073 503,089 7.44%
Average Days on Market 31 22 -31.25%

West Calgary Statistics

 Aug-22YTD*Y/Y% †
Sales 208 2,342 8.48%
New Listings 234 2,945 -7.07%
Inventory N/A N/A N/A
Sales To New Listings Ratio 88.89% 79.52% 16.72%
Benchmark Price 638,400 644,550 13.17%
Median Price 552,000 617,000 4.58%
Average Price 590,724 653,214 4.42%
Average Days on Market 33 29 -25.64%

Northwest Calgary Statistics

 Aug-22YTD*Y/Y% †
Sales 261 2,622 5.98%
New Listings 307 3,401 -0.99%
Inventory N/A N/A N/A
Sales To New Listings Ratio 85.02% 77.09% 7.04%
Benchmark Price 559,500 565,562 14.95%
Median Price 520,000 562,000 11.29%
Average Price 519,955 563,860 8.95%
Average Days on Market 31 24 -25.00%

Airdrie Real Estate Statistics

 Aug-22YTD*Y/Y% †
Sales 169 1,979 16.76%
New Listings 220 2,423 20.79%
Inventory N/A N/A N/A
Sales To New Listings Ratio 76.82% 81.68% -3.34%
Benchmark Price 493,500 493,887 23.69%
Median Price 436,000 480,000 18.52%
Average Price 435,374 476,653 16.38%
Average Days on Market 28 18 -45.45%

Calgary Detached Homes Statistics

 Aug-22YTD*Y/Y% †
Sales 1,066 12,459 2.20%
New Listings 1,480 17,323 4.46%
Inventory N/A N/A N/A
Sales To New Listings Ratio 72.03% 71.92% -2.18%
Benchmark Price 633,000 632,625 16.12%
Median Price 575,000 600,000 15.83%
Average Price 636,707 660,107 12.38%
Average Days on Market 31 21 -30.00%

Calgary Semi-Detached Homes Statistics

 Aug-22YTD*Y/Y% †
Sales 170 1,974 10.09%
New Listings 207 2,644 0.04%
Inventory N/A N/A N/A
Sales To New Listings Ratio 82.13% 74.66% 10.05%
Benchmark Price 569,300 568,250 13.15%
Median Price 472,500 495,000 16.64%
Average Price 514,793 552,398 9.43%
Average Days on Market 34 25 -34.21%

Calgary Row Home Statistics

 Aug-22YTD*Y/Y% †
Sales 375 4,070 48.59%
New Listings 378 5,024 19.05%
Inventory N/A N/A N/A
Sales To New Listings Ratio 99.21% 81.01% 24.80%
Benchmark Price 361,300 352,950 14.97%
Median Price 339,500 349,900 16.25%
Average Price 341,022 357,721 9.10%
Average Days on Market 34 27 -40.00%

Calgary Condominium Statistics

 Aug-22YTD*Y/Y% †
Sales 524 4,576 64.72%
New Listings 653 6,459 15.63%
Inventory N/A N/A N/A
Sales To New Listings Ratio 80.25% 70.85% 42.47%
Benchmark Price 277,700 269,525 7.96%
Median Price 240,000 249,900 8.65%
Average Price 270,176 279,306 6.00%
Average Days on Market 44 42 -28.81%

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

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