Calgary Real Estate Market Minute

Tuesday, January 11, 2022


Here is your latest weekly breakdown of this past week.

This past week compared to the same time last year we had:

  • An increase of sales of 44%

  • A decline in new listings by 13%, which has led to a further decline in active listings by 32%

  • The median price of a home in Calgary is up 17% to $451,588, while the average price has increased by 11% to $500,122.

  • Days on market have seen a further decline to 47 days, or a drop of 31% from the previous week.

As you might have seen in my monthly breakdown (which can be found here) our market has seen a significant increase in absorption through December.


The continued decline in listings is contributing to higher prices, lower days on market and will continue to drive our rate of which homes are sold compared to new listings available to further increase.


If you have questions about the market or have even considered a sale of your property. Now is the time to start asking those questions, interviewing agents, and preparing your home for sale.


There are many buyers waiting in the wings to see how the spring market develops, you would be better suited to get the most return by beating this spring market and listing your home now or in February.


Let's chat about how I can help. Feel free to email me at aly@calgaryareahomes.ca or connect with me on social media by clicking here.

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