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September 2023 Real Estate Market Stats in Calgary

Although inventory dipped, there were notable increases in year-over-year home prices and sales in September.

September 2023 real estate market stats in Calgary

Home Prices

Home prices in September increased almost 9% compared to 2022, sitting at a benchmark price $570,300 for 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

Sales in September reached 2,441, which is a meaningful increase of nearly 29% compared to last year. Inventory for the month decreased by 24.5% compared to 2022, coming in at 24.5%.

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

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