In September 2024, Calgary's City Centre real estate market shows moderate activity with varied performance across property types. Detached homes saw solid sales and a benchmark price increase of 9.28% year-over-year, with a slight 0.62% rise month-over-month, indicating steady demand. Apartments experienced a 10.61% annual price rise, though prices dipped 1.01% from the previous month. Semi-detached homes posted a 9.49% annual price gain, while row homes saw an 8.76% year-over-year increase, both reflecting strong demand. Overall, the market is stable with healthy price growth despite some month-over-month fluctuations.
Detached Homes
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Sales: 122
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New Listings: 236
- Dom: 26
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Sales to New Listings Ratio: 51.69%
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Inventory: 351
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Months of Supply: 2.88
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Benchmark Price: $957,500
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Year-over-Year Price Change: +9.28%
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Month-over-Month Price Change: +0.62%
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Highest Sale: $5,000,000
Semi-Detached Homes
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Sales: 42
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New Listings: 92
- Dom: 30
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Sales to New Listings Ratio: 45.65%
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Inventory: 139
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Months of Supply: 3.31
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Benchmark Price: $931,200
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Year-over-Year Price Change: +9.49%
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Month-over-Month Price Change: +0.49%
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Highest Sale: $1,765,000
Row Homes
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Sales: 49
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New Listings: 86
- Dom: 21
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Sales to New Listings Ratio: 56.98%
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Inventory: 109
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Months of Supply: 2.22
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Benchmark Price: $613,600
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Year-over-Year Price Change: +8.76%
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Month-over-Month Price Change: +0.72%
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Highest Sale: $1,420,000
Apartments
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Sales: 221
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New Listings: 463
- Dom: 35
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Sales to New Listings Ratio: 47.73%
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Inventory: 782
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Months of Supply: 3.54
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Benchmark Price: $351,200
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Year-over-Year Price Change: +10.61%
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Month-over-Month Price Change: -1.01%
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Highest Sale: $1,338,750
If you're considering buying or selling a property in Calgary's vibrant inner-city area, I'm here to help. With the latest market insights and a deep understanding of the local real estate landscape, I can guide you through every step of the process. Whether you're looking for your dream home or aiming to get the best value for your property, don't hesitate to reach out. Let's work together to make your real estate goals a reality!
