Calgary’s City Centre real estate market in December 2024 showcased continued strength across property types, reflecting steady annual growth with some minor month-over-month adjustments. Detached homes maintained an 8.56% year-over-year price increase, while apartments posted a 3.99% annual rise despite a slight monthly dip. Semi-detached homes saw an 8.32% annual gain, and row homes followed with a 5.17% increase over last year. Inventory levels remain balanced, offering opportunities for both buyers and sellers as we head into the new year.
Detached (City Centre)
Sales: 78
New Listings: 62
Sales to New Listings Ratio: 125.81%
Inventory: 174
Months of Supply: 2.23
Benchmark Price: $951,000
Year-over-Year Benchmark Price Change: 8.56%
Month-over-Month Benchmark Price Change: -0.42%
Dom: 42
Highest Sale: $4,875,000.00
Semi-Detached (City Centre)
Sales: 25
New Listings: 20
Sales to New Listings Ratio: 125.00%
Inventory: 87
Months of Supply: 3.48
Benchmark Price: $933,500
Year-over-Year Benchmark Price Change: 8.32%
Month-over-Month Benchmark Price Change: 0.72%
Dom: 41
Highest Sale: $1,498,000.00
Row (City Centre)
Sales: 22
New Listings: 26
Sales to New Listings Ratio: 84.62%
Inventory: 51
Months of Supply: 2.32
Benchmark Price: $606,100
Year-over-Year Benchmark Price Change: 5.17%
Month-over-Month Benchmark Price Change: -2.24%
Dom: 40
Highest Sale: $1,248,500
Apartment (City Centre)
Sales: 148
New Listings: 131
Sales to New Listings Ratio: 112.98%
Inventory: 422
Months of Supply: 2.85
Benchmark Price: $339,000
Year-over-Year Benchmark Price Change: 3.99%
Month-over-Month Benchmark Price Change: -1.42%
Dom: 48
Highest Sale: $1,535,000.00
Whether you’re considering buying your first home, upgrading, or selling your property, Calgary’s inner-city real estate market remains full of opportunities. I can help you navigate this dynamic landscape with my expertise and the latest market insights. Reach out today, and let’s make your real estate goals a reality!
Looking forward to hearing from you soon!
