What’s Happening to Detached Home Prices in Calgary?

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Calgary Single-Family Home Market Update 🏡📈

Calgary’s detached home market is evolving as we head into winter! Rising sales for homes priced over $600,000 offset declines in the lower price ranges, reflecting the ongoing supply challenges in more affordable segments. In this video, I’ll break down the latest trends in sales, inventory, and prices for single-family homes in Calgary.

✨ Key Highlights:

🔼 Sales Trends: Demand remains strong for homes priced above $600,000, while lower-priced homes struggle with limited supply.
🏠 Inventory Update: 85% of the inventory is priced above $600,000, pushing months of supply over 2 months for higher-priced homes. For homes under $700,000, supply remains tighter.
💰 Detached Benchmark Price: $750,100—down slightly from last month but 7% higher year-over-year.
🌟 Market Variation: Slower price growth is seen in areas with higher competition from newer homes.
What do these trends mean for buyers and sellers? Watch the full video for expert insights and to understand how Calgary’s detached home market is shifting as we close out the year.

💬 Questions about your home’s value or the current market? Drop them in the comments or get in touch directly—I’m here to help!

#CalgaryRealEstate #DetachedHomes #YYCHousing #MarketUpdate #CalgaryHomes #AdamFyfeRealEstate #RealEstateTrends #CalgaryMarketInsights #HomePrices #YYCDetachedHomes

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Contact Adam Fyfe:
🏢 eXp Realty Canada
📱 Phone: [phone]

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