Calgary Real Estate Market Update and Statistics – November 2018

Calgary real estate citywide benchmark price totaled $426,300 in the month of October 2018. Down 2.9% compared to last year. Benchmark prices went down for 5 consecutive months in Calgary!

Detached home benchmark price is $490,200 – down 3.0% compared to last year
Attached homes benchmark price is $322,800 – down 1.5% compared to last year
Apartment unit benchmark price is $257,200 – down 1.7% compared to last year

Inventory
Calgary real estate inventory remained high with 7345 active listings, up 13% compared to a year ago.

Detached homes inventory is 3,976 – up 22% compared to last year
Attached homes inventory is 1,860 – up 18% compared to last year
Apartment unit inventory is 1,509 – down 8% compared to last year