March 2021 - Monthly Calgary Real Estate Market Update

Calgary Homes Sales Sky Rocket in Marchrocket

Not only were sales up 147% from last year,  they were also the highest they've been since 2014 in a single month.

New Listings were also up significantly at 83% year-over-year but getting absorbed quickly as months of supply sits at 1.87

New Listings - March 2021

Inventory rose over 5,000 units but that's still the lowest March inventory level since 2014.

Inventory - March 2021


The average and median prices continue climbing with the average price almost at $600,000 for single family detached homes.

Detached Prices - March 2021

Semi-detached home prices were down from last month but still higher on a year-over-year basis.

Townhome prices were basically flat, month after month and year-over-year.

Condo average prices were slightly up; median prices were down from last month and flat on a year-over-year basis.

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