October 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 October  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 October 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: October 2023

  • Benchmark Price $571,600
  • Inventory 3,190
  • Sales to New Listings Ratio 81%
  • Months of Inventory/Supply  1.47 Months of supply (Down 30% Y/Y)

Year to Date Calgary Real Estate Statistics: October 2023

  • Benchmark Price $554,090
  • Sales to New Listings Ratio 80%
  • Months of Inventory/Supply 1.30  Months of supply (Down 22% Y/Y) 

DOM = Number of Days on Market 

As of October 6th 2023, the average number of days on market for all property types combined was 26 days (YTD) while the month of October saw an average DOM of 27

MLS® Listings in Calgary (New) 

As of October 6th 2023, the total number of new active listings in the city of Calgary added to the market was 2,684 and in total there have been 31,041 YTD 

Homes Sold in Calgary August 2023

The total number of homes sold for the month of October in Calgary was 2,171 this represents a 16.85% increase Y/Y. The total sales for 2023 are 24,576 which represents a 9.51% decrease Y/Y.  

Average Real Estate Prices in Calgary 

In October 2023 the average price for a detached home in the city of Calgary was $545,906

 

Specific community spotlight real estate statistics 

Mount Pleasant Detached Homes Statistics 

 Oct-23YTD*Y/Y% †
Sales 6 119 -6.30%
New Listings 14 164 -22.27%
Inventory 21 23 -28.13%
Sales To New Listings Ratio 42.86% 72.56% 20.55%
Benchmark Price 677,300 648,020 4.43%
Median Price 650,000 675,000 -2.88%
Average Price 680,917 683,789 0.51%
Average Days on Market 17 37 27.59%

 

Albert Park Detached Homes Statistics 

 Oct-23YTD*Y/Y% †
Sales 3 32 -20.00%
New Listings 3 38 -37.70%
Inventory 4 5 -37.50%
Sales To New Listings Ratio 100.00% 84.21% 28.43%
Benchmark Price 483,900 448,610 12.07%
Median Price 495,000 482,500 23.17%
Average Price 501,667 469,403 11.92%
Average Days on Market 30 33 22.22%

 

Glenbrook Detached Homes Statistics 

 Oct-23YTD*Y/Y% †
Sales 2 35 -14.63%
New Listings 4 53 -1.85%
Inventory 5 5 -16.67%
Sales To New Listings Ratio 50.00% 66.04% -13.03%
Benchmark Price 673,600 634,730 7.60%
Median Price 731,500 660,000 6.80%
Average Price 731,500 710,808 14.15%
Average Days on Market 12 19 -29.63%

Millrise Detached Homes Statistics

 Oct-23YTD*Y/Y% †
Sales 5 62 -13.89%
New Listings 9 74 -11.90%
Inventory 5 3 -50.00%
Sales To New Listings Ratio 55.56% 83.78% -2.25%
Benchmark Price 538,000 518,180 8.40%
Median Price 620,000 540,075 6.95%
Average Price 573,980 541,305 5.81%
Average Days on Market 15 17 -10.53%

 

Chaparral Detached Homes Statistics

 Oct-23YTD*Y/Y% †
Sales 9 125 -28.98%
New Listings 13 146 -32.09%
Inventory 14 9 -47.06%
Sales To New Listings Ratio 69.23% 85.62% 4.59%
Benchmark Price 709,000 678,320 6.58%
Median Price 635,000 657,000 3.38%
Average Price 636,778 697,971 5.95%
Average Days on Market 22 17 -19.05%

2023 Greater Calgary Regional Market Statistics

City Centre Calgary Statistics

 Oct-23YTD*Y/Y% †
Sales 487 5,317 11.61%
New Listings 647 7,591 -0.64%
Inventory 1,050 1,102 -19.97%
Sales To New Listings Ratio 75.27% 70.04% 12.32%
Benchmark Price 601,000 589,340 1.89%
Median Price 410,000 419,000 -11.42%
Average Price 575,112 564,066 -2.35%
Average Days on Market 35 34 -17.07%

 

North Calgary Statistics

 Oct-23YTD*Y/Y% †
Sales 256 2,848 -20.56%
New Listings 297 3,393 -24.36%
Inventory 288 270 -35.25%
Sales To New Listings Ratio 86.20% 83.94% 5.03%
Benchmark Price 548,000 526,200 5.66%
Median Price 509,900 499,900 4.15%
Average Price 512,076 503,492 2.42%
Average Days on Market 22 21 -8.70%

 

Northeast Calgary Statistics

 Oct-23YTD*Y/Y% †
Sales 293 3,136 -6.11%
New Listings 396 3,886 -24.16%
Inventory 413 387 -43.67%
Sales To New Listings Ratio 73.99% 80.70% 23.81%
Benchmark Price 483,500 458,360 8.97%
Median Price 448,000 445,000 9.88%
Average Price 446,777 446,886 8.05%
Average Days on Market 26 27 -10.00%

 

 

East Calgary Statistics

 Oct-23YTD*Y/Y% †
Sales 78 765 -11.46%
New Listings 90 890 -19.53%
Inventory 80 80 -42.86%
Sales To New Listings Ratio 86.67% 85.96% 10.04%
Benchmark Price 395,900 371,120 12.70%
Median Price 419,000 380,000 11.76%
Average Price 394,546 359,579 12.35%
Average Days on Market 17 23 -28.13%

 

Southeast Calgary Statistics

 Oct-23YTD*Y/Y% †
Sales 242 2,969 -21.31%
New Listings 286 3,471 -23.66%
Inventory 313 298 -25.69%
Sales To New Listings Ratio 84.62% 85.54% 3.09%
Benchmark Price 559,000 541,800 4.88%
Median Price 487,250 515,000 6.19%
Average Price 521,021 533,829 5.31%
Average Days on Market 23 22 0.00%

 

South Calgary Statistics

 Oct-23YTD*Y/Y% †
Sales 382 4,238 -10.74%
New Listings 445 5,067 -14.91%
Inventory 458 431 -26.58%
Sales To New Listings Ratio 85.84% 83.64% 4.90%
Benchmark Price 555,400 538,770 5.32%
Median Price 535,067 525,000 5.00%
Average Price 531,889 527,734 5.73%
Average Days on Market 22 22 -8.33%

 

 

West Calgary Statistics

 Oct-23YTD*Y/Y% †
Sales 191 2,312 -13.83%
New Listings 234 2,945 -13.02%
Inventory 294 303 -24.25%
Sales To New Listings Ratio 81.62% 78.51% -0.92%
Benchmark Price 686,000 668,050 4.73%
Median Price 640,000 622,950 1.29%
Average Price 693,185 671,904 2.80%
Average Days on Market 27 23 -20.69%

 

Northwest Calgary Statistics

 Oct-23YTD*Y/Y% †
Sales 233 2,627 -13.44%
New Listings 276 3,183 -19.19%
Inventory 287 285 -33.72%
Sales To New Listings Ratio 84.42% 82.53% 7.11%
Benchmark Price 613,700 595,990 5.98%
Median Price 636,000 600,000 7.14%
Average Price 624,192 594,303 6.03%
Average Days on Market 22 23 -8.00%

 

Airdrie Real Estate Statistics

 Oct-23YTD*Y/Y% †
Sales 125 1,620 -28.57%
New Listings 168 1,979 -27.48%
Inventory 212 187 -20.43%
Sales To New Listings Ratio 74.40% 81.86% -1.50%
Benchmark Price 521,400 502,930 3.64%
Median Price 475,000 485,250 2.16%
Average Price 491,617 494,232 4.65%
Average Days on Market 26 25 25.00%
 

 

Calgary Detached Homes Statistics

 Oct-23YTD*Y/Y% †
Sales 2,171 24,276 -9.49%
New Listings 2,684 30,540 -15.75%
Inventory 3,211 3,180 -28.72%
Sales To New Listings Ratio 80.89% 79.49% 7.43%
Benchmark Price 571,600 554,090 4.83%
Median Price 495,000 495,000 3.66%
Average Price 545,906 539,261 3.81%
Average Days on Market 26 25 -10.71%

Calgary Semi-Detached Homes Statistics

 Oct-23YTD*Y/Y% †
Sales 179 1,995 -12.61%
New Listings 235 2,473 -19.42%
Inventory 288 264 -28.26%
Sales To New Listings Ratio 76.17% 80.67% 8.44%
Benchmark Price 628,700 600,340 6.46%
Median Price 539,999 540,000 10.20%
Average Price 614,741 602,337 9.83%
Average Days on Market 24 25 -7.41%

 

Calgary Row Home Statistics

 Oct-23YTD*Y/Y% †
Sales 376 4,041 -14.29%
New Listings 420 4,621 -19.34%
Inventory 374 382 -39.94%
Sales To New Listings Ratio 89.52% 87.45% 6.26%
Benchmark Price 425,200 393,390 12.16%
Median Price 419,948 394,000 13.54%
Average Price 427,772 406,479 13.93%
Average Days on Market 23 22 -24.14%
 

 

Calgary Condominium Statistics 

 Oct-23YTD*Y/Y% †
Sales 640 6,925 26.79%
New Listings 727 8,669 14.13%
Inventory 952 1,001 -22.40%
Sales To New Listings Ratio 88.03% 79.88% 11.08%
Benchmark Price 316,600 298,300 12.47%
Median Price 292,500 279,000 11.64%
Average Price 321,721 305,179 7.94%
Average Days on Market 28 30 -30.23%

*Year-To-Date as of November 6th, 2023

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

Our Featured Listings

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4 Avenue Se, Diamond Valley

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149 Yorkville Street Sw, Calgary

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196 Brightondale Close Se, Calgary

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332 New Brighton Place Se, Calgary

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