October 2023 Real Estate Market Stats in Calgary

Home prices and sales increased in October! Here are some of the Calgary real estate market stats for the month.

Calgary real estate market stats

Home Prices

Calgary saw a nearly 10% increase in year-over-year home prices in October and a 0.2% increase compared to the previous month. The benchmark sales price for the month of October sits at $570,300.

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 in October reached 2,171, which is a meaningful increase of 17% compared to last October. Inventory for the month decreased by 18% compared to last year, sitting at 3,190.

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

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