July 2023 Calgary Real Estate Statistics Recap

Are you ready for some interesting Calgary real estate statistics?! We've got the inside scoop on what's happening in the market in July 2023, and you won't want to miss it! Whether you're a seasoned buyer or a first-time seller, these stats are a must-read for anyone interested in the Calgary real estate scene.

So, what's the current state of the Calgary real estate market? Are home prices skyrocketing, or are they more affordable than ever? How many new listings are hitting the market, and is now a good time to buy or sell? We've got all the answers and more, so buckle up and get ready for a wild ride through the Calgary real estate market.

From stunning homes in the heart of the city to sprawling estates in the suburbs, the Calgary real estate market has something for everyone with our expert analysis and in-depth statistics, you'll be able to navigate the market with ease and confidence.

So, what are you waiting for? Dive into our blog on Calgary Real Estate Statistics for July 2023, and discover the latest trends, insights, and insider information that will give you a competitive edge in the market.  

Latest Combined Calgary Real Estate Statistics: July 2023

  • Benchmark Price $567,700
  • Inventory 3,448
  • Sales to New Listings Ratio 82%
  • Months of Inventory/Supply  1.32 Months of supply (Down 45% Y/Y)

Year to Date Calgary Real Estate Statistics: July 2023

  • Benchmark Price $546,900
  • Sales to New Listings Ratio 79%
  • Months of Inventory/Supply 1.2  Months of supply (Down 14% Y/Y) 

DOM = Number of Days on Market 

As of July 6th 2023, the average number of days on market for all property types combined was 26 days (YTD) while the month of July saw an average DOM of 23

MLS® Listings in Calgary (New) 

As of July 6th 2023, the total number of new active listings in the city of Calgary added to the market was 3,178 and in total there have been 22,216 YTD 

Homes Sold in Calgary July 2023

The total number of homes sold for the month of July in Calgary was 2,647 this represents a 2.88% decrease Y/Y. The total sales for 2023 are 17,488 which represents a 18.09% decrease Y/Y.  

Average Real Estate Prices in Calgary 

In July 2023 the average price for a detached home in the city of Calgary was $730,882

Specific community spotlight real estate statistics 

Shawnessy Detached Homes Statistics 

 Jul-23YTD*Y/Y% †
Sales 10 60 -35.48%
New Listings 6 64 -43.36%
Inventory 5 4 -60.00%
Sales To New Listings Ratio 166.67% 93.75% 13.91%
Benchmark Price 561,600 536,757 9.11%
Median Price 555,950 559,950 10.88%
Average Price 573,715 551,510 6.85%
Average Days on Market 17 16 6.67%

 

Haysboro Detached Homes Statistics 

 Jul-23YTD*Y/Y% †
Sales 4 46 -35.21%
New Listings 10 62 -37.37%
Inventory 10 8 -42.86%
Sales To New Listings Ratio 40.00% 74.19% 3.44%
Benchmark Price 612,500 588,128 2.33%
Median Price 660,000 617,500 3.78%
Average Price 669,394 648,314 5.44%
Average Days on Market 6 23 21.05%

 

Ogden Detached Homes Statistics 

 Jul-23YTD*Y/Y% †
Sales 5 40 -50.00%
New Listings 8 44 -57.28%
Inventory 6 4 -66.67%
Sales To New Listings Ratio 62.50% 90.91% 17.05%
Benchmark Price 473,200 448,571 10.23%
Median Price 429,000 446,000 3.00%
Average Price 471,400 455,706 6.58%
Average Days on Market 7 21 0.00%

 

Signal Hill Detached Homes Statistics

 Jul-23YTD*Y/Y% †
Sales 13 81 -10.99%
New Listings 12 100 -25.37%
Inventory 10 10 -37.50%
Sales To New Listings Ratio 108.33% 81.00% 19.28%
Benchmark Price 845,500 799,000 4.00%
Median Price 780,000 785,000 -0.13%
Average Price 779,501 840,610 0.67%
Average Days on Market 21 18 5.88%

 

 

Whitehorn Detached Homes Statistics

 Jul-23YTD*Y/Y% †
Sales 11 70 -11.39%
New Listings 13 83 -39.42%
Inventory 10 9 -60.87%
Sales To New Listings Ratio 84.62% 84.34% 46.27%
Benchmark Price 508,400 478,242 8.94%
Median Price 530,000 457,500 3.98%
Average Price 510,545 462,417 2.49%
Average Days on Market 13 22 -15.38%

 


2023 Greater Calgary Regional Market Statistics

City Centre Calgary Statistics

 Jul-23YTD*Y/Y% †
Sales 547 3,731 0.19%
New Listings 735 5,430 -9.03%
Inventory 1,182 1,114 -20.26%
Sales To New Listings Ratio 74.42% 68.71% 10.13%
Benchmark Price 595,300 585,485 0.97%
Median Price 389,000 425,000 -12.81%
Average Price 544,166 564,692 -3.36%
Average Days on Market 32 35 -7.89%

 

 

North Calgary Statistics

 Jul-23YTD*Y/Y% †
Sales 321 1,999 -29.11%
New Listings 378 2,368 -33.98%
Inventory 296 254 -38.80%
Sales To New Listings Ratio 84.92% 84.42% 7.38%
Benchmark Price 540,300 518,000 4.19%
Median Price 517,500 495,000 1.13%
Average Price 518,117 499,718 0.27%
Average Days on Market 19 21 5.00%

 

 

Northeast Calgary Statistics

 Jul-23YTD*Y/Y% †
Sales 365 2,156 -17.27%
New Listings 452 2,655 -35.92%
Inventory 436 373 -48.48%
Sales To New Listings Ratio 80.75% 81.21% 29.11%
Benchmark Price 474,000 448,257 6.16%
Median Price 457,500 440,000 7.32%
Average Price 457,715 442,930 5.94%
Average Days on Market 21 28 3.70%

 

 

East Calgary Statistics

 Jul-23YTD*Y/Y% †
Sales 78 503 -22.14%
New Listings 100 604 -32.29%
Inventory 100 78 -47.30%
Sales To New Listings Ratio 78.00% 83.28% 15.00%
Benchmark Price 389,100 361,228 9.57%
Median Price 363,750 370,500 7.39%
Average Price 344,028 351,476 8.04%
Average Days on Market 22 23 -20.69%

 

 

Southeast Calgary Statistics

 Jul-23YTD*Y/Y% †
Sales 310 2,089 -30.71%
New Listings 390 2,478 -32.39%
Inventory 333 292 -24.74%
Sales To New Listings Ratio 79.49% 84.30% 2.48%
Benchmark Price 555,300 533,742 3.24%
Median Price 531,500 511,000 4.29%
Average Price 553,875 532,534 4.57%
Average Days on Market 17 23 21.05%

 

 

South Calgary Statistics

 Jul-23YTD*Y/Y% †
Sales 455 2,919 -19.10%
New Listings 540 3,515 -23.74%
Inventory 487 410 -27.56%
Sales To New Listings Ratio 84.26% 83.04% 6.08%
Benchmark Price 553,400 532,300 3.65%
Median Price 520,000 523,000 3.56%
Average Price 522,586 526,411 4.27%
Average Days on Market 19 21 0.00%

 

 

West Calgary Statistics

 Jul-23YTD*Y/Y% †
Sales 289 1,669 -21.90%
New Listings 323 2,156 -20.76%
Inventory 346 304 -25.85%
Sales To New Listings Ratio 89.47% 77.41% -1.44%
Benchmark Price 688,800 658,671 3.05%
Median Price 610,000 632,000 1.44%
Average Price 667,120 677,767 2.85%
Average Days on Market 21 23 -17.86%

 

 

Northwest Calgary Statistics

 Jul-23YTD*Y/Y% †
Sales 272 1,843 -21.94%
New Listings 321 2,254 -27.15%
Inventory 308 282 -33.80%
Sales To New Listings Ratio 84.74% 81.77% 7.16%
Benchmark Price 609,800 589,014 4.25%
Median Price 570,000 599,000 5.64%
Average Price 583,729 595,351 4.68%
Average Days on Market 22 23 0.00%

 

Airdrie Real Estate Statistics

 Jul-23YTD*Y/Y% †
Sales 195 1,149 -36.52%
New Listings 230 1,401 -36.40%
Inventory 205 184 -19.65%
Sales To New Listings Ratio 84.78% 82.01% -0.18%
Benchmark Price 514,100 496,328 1.86%
Median Price 501,500 483,000 -0.26%
Average Price 502,073 490,080 1.97%
Average Days on Market 23 25 38.89%

 

 

Calgary Detached Homes Statistics

 Jul-23YTD*Y/Y% †
Sales 1,197 8,004 -29.70%
New Listings 1,589 10,441 -34.10%
Inventory 1,732 1,476 -31.51%
Sales To New Listings Ratio 75.33% 76.66% 6.66%
Benchmark Price 690,500 660,300 4.64%
Median Price 653,150 645,000 7.50%
Average Price 731,005 718,131 8.46%
Average Days on Market 22 24 20.00%

 

 

Calgary Semi-Detached Homes Statistics

 Jul-23YTD*Y/Y% †
Sales 211 1,430 -20.69%
New Listings 249 1,725 -29.25%
Inventory 258 259 -30.00%
Sales To New Listings Ratio 84.74% 82.90% 12.10%
Benchmark Price 616,800 590,028 4.35%
Median Price 540,000 540,000 8.00%
Average Price 593,736 603,640 8.56%
Average Days on Market 19 26 4.00%

 

 

Calgary Row Home Statistics

 Jul-23YTD*Y/Y% †
Sales 467 2,815 -23.82%
New Listings 488 3,242 -30.22%
Inventory 399 382 -43.07%
Sales To New Listings Ratio 95.70% 86.83% 9.18%
Benchmark Price 407,500 382,300 9.88%
Median Price 390,000 385,000 10.00%
Average Price 405,654 399,667 11.20%
Average Days on Market 19 23 -14.81%

 

 

Calgary Condominium Statistics 

 Jul-23YTD*Y/Y% †
Sales 772 4,706 16.14%
New Listings 925 6,123 5.48%
Inventory 1,115 1,009 -22.32%
Sales To New Listings Ratio 83.46% 76.86% 10.11%
Benchmark Price 305,900 292,071 11.42%
Median Price 281,000 274,000 9.60%
Average Price 308,575 300,385 7.09%
Average Days on Market 27 30 -26.83%

*Year-To-Date as of August 7, 2023
†Year-To-Date, year over year percent change.

 

‡Calgary Census Metropolitan Area includes Calgary, Airdrie, and Rocky View

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