Calgary finished the 2024 year with an increased in both inventory and home prices for December!
Home prices in Calgary dipped by 0.7% compared to November, and increased by just over 3% compared to December of 2023.
What is a benchmark price? The benchmark price is the estimated value of a “typical” home in a community, based on the most popular combination of features, e.g. age, size, number of bedrooms and bathrooms.
Sales and Inventory
2024 concluded with 1,322 sales for the month of December, which is nearly 3% less than 2023, however inventory rose by almost 38% from last year.
Data provided by the Calgary Real Estate Board. For more information, visit their website.
