February 2024 Real Estate Market Stats in Calgary

Calgary saw some increases in the market stats for February!

Home Prices

February home prices in Calgary increased by just over 10% compared to last year and by over 2% compared to January.

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

Sales reached 2,135 for the month, which is about 22.8% more than in 2023. Inventory for the month decreased by just over 14% compared to 2023, reaching 2,355 for February 2024.

Data provided by the Calgary Real Estate Board. For more information, visit their website.

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