Real Estate

Real Estate Statistics March 2023

March 2023 Calgary Real Estate Statistics Recap

Are you ready for some interesting Calgary real estate statistics? We’ve got the inside scoop on what’s happening in the market in March 2023, and you won’t want to miss it Whether you’re a seasoned buyer or a first-time seller, these stats are a must-read for anyone interested in the Calgary real estate scene.

So, what’s the current state of the Calgary real estate market? Are home prices skyrocketing, or are they more affordable than ever? How many new listings are hitting the market, and is now a good time to buy or sell? We’ve got all the answers and more, so buckle up and get ready for a wild ride through the Calgary real estate market.

From stunning homes in the heart of the city to sprawling estates in the suburbs, the Calgary real estate market has something for everyone with our expert analysis and in-depth statistics, you’ll be able to navigate the market with ease and confidence.

So, what are you waiting for? Dive into our blog on Calgary Real Estate Statistics for March 2023, and discover the latest trends, insights, and insider information that will give you a competitive edge in the market. 

Latest Combined Calgary Real Estate Statistics: March 2023

March 2023 Calgary Real Estate Statistics Recap

Year to Date Calgary Real Estate Statistics: March  2023

Days on Market (DOM) Statistics

MLS® Listings in Calgary (New)

Homes Sold in Calgary March  2023

Average Real Estate Prices in Calgary

 Detached Homes Statistics

Latest Combined Calgary Real Estate Statistics: March 2023

Benchmark Price $541,800

Inventory 3,233

Sales to New Listings Ratio 73

Months of Inventory/Supply  1.33 Months of supply (Up 24 Y/Y)

Year to Date Calgary Real Estate Statistics: March 2023

Benchmark Price $531,200

Sales to New Listings Ratio 71

Months of Inventory/Supply 1.57  Months of supply (Up 39 Y/Y) 

DOM = Number of Days on Market 

As of March 6th 2023, the average number of days on market for all property types combined was 31 days (YTD) while the month of March saw an average DOM of 27

MLS® Listings in Calgary (New) 

As of March 6th 2023, the total number of new active listings in the city of Calgary added to the market was 3,319 and in total there have been 8,439 YTD 

Homes Sold in Calgary March 2023

The total number of homes sold for the month of March in Calgary was 2,429 this represents a 37,41 decrease Y/Y. The total sales for 2023 are 6,052 which represents a 42.02 decrease Y/Y.  

Average Real Estate Prices in Calgary 

In March 2023 the average price for a detached home in the city of Calgary was $706,987

Specific community spotlight real estate statistics 

Queensland Detached Homes Statistics 

 

Mar-23

YTD*

Y/Y †

Sales

4

10

-16.67

New Listings

3

9

-43.75

Inventory

1

3

0.00

Sales To New Listings Ratio

133.33

111.11

48.15

Benchmark Price

514,300

493,633

5.05

Median Price

551,250

480,000

1.43

Average Price

531,875

491,800

-0.66

Average Days on Market

27

19

35.71

Signal Hill Detached Homes Statistics 

 

Mar-23

YTD*

Y/Y †

Sales

7

20

-51.22

New Listings

13

31

-42.59

Inventory

12

9

0.00

Sales To New Listings Ratio

53.85

64.52

-15.03

Benchmark Price

774,700

757,933

1.33

Median Price

750,000

755,000

-5.63

Average Price

785,414

818,865

-1.17

Average Days on Market

9

24

50.00

Pineridge Detached Homes Statistics 

 

Mar-23

YTD*

Y/Y †

Sales

5

10

-52.38

New Listings

10

20

-28.57

Inventory

10

7

75.00

Sales To New Listings Ratio

50.00

50.00

-33.33

Benchmark Price

463,800

447,033

6.52

Median Price

520,000

490,000

11.36

Average Price

517,000

485,100

7.11

Average Days on Market

25

26

116.67

Silver Springs Detached Homes Statistics

 

Mar-23

YTD*

Y/Y †

Sales

10

18

-30.77

New Listings

10

16

-55.56

Inventory

3

3

-57.14

Sales To New Listings Ratio

100.00

112.50

55.77

Benchmark Price

636,600

621,066

3.13

Median Price

692,500

657,500

6.65

Average Price

691,375

667,264

4.72

Average Days on Market

22

31

82.35

Harvest Hills Detached Homes Statistics

 

Mar-23

YTD*

Y/Y †

Sales

5

13

-71.74

New Listings

10

19

-63.46

Inventory

8

5

0.00

Sales To New Listings Ratio

50.00

68.42

-22.65

Benchmark Price

547,600

542,866

9.31

Median Price

547,000

547,000

-0.55

Average Price

588,600

603,800

10.27

Average Days on Market

24

29

107.14

2023 Greater Calgary Regional Market Statistics

City Centre Calgary Statistics

 

Mar-23

YTD*

Y/Y †

Sales

569

1,233

-29.50

New Listings

842

2,032

-22.62

Inventory

1,120

982

-17.20

Sales To New Listings Ratio

67.58

60.68

-8.89

Benchmark Price

582,100

570,933

0.67

Median Price

470,000

445,000

-15.32

Average Price

575,328

563,847

-5.80

Average Days on Market

34

40

-6.98

North Calgary Statistics

 

Mar-23

YTD*

Y/Y †

Sales

285

622

-52.19

New Listings

394

811

-51.12

Inventory

287

228

-28.08

Sales To New Listings Ratio

72.34

76.70

-2.19

Benchmark Price

513,700

504,566

4.54

Median Price

475,500

475,000

-5.21

Average Price

489,696

482,913

-5.68

Average Days on Market

20

25

38.89

Northeast Calgary Statistics

 

Mar-23

YTD*

Y/Y †

Sales

283

693

-40.82

New Listings

371

912

-53.45

Inventory

379

354

-33.21

Sales To New Listings Ratio

76.28

75.99

27.12

Benchmark Price

441,100

431,200

5.21

Median Price

420,000

420,000

0.00

Average Price

432,477

424,786

-0.10

Average Days on Market

31

39

62.50

East Calgary Statistics

 

Mar-23

YTD*

Y/Y †

Sales

62

163

-42.20

New Listings

89

207

-43.75

Inventory

80

74

-32.11

Sales To New Listings Ratio

69.66

78.74

2.75

Benchmark Price

355,100

346,733

6.06

Median Price

321,450

335,000

-2.69

Average Price

317,287

324,909

-0.52

Average Days on Market

27

30

-6.25

Southeast Calgary Statistics

 

Mar-23

YTD*

Y/Y †

Sales

325

658

-51.15

New Listings

399

865

-45.63

Inventory

317

272

-7.17

Sales To New Listings Ratio

81.45

76.07

-10.15

Benchmark Price

529,900

522,333

3.64

Median Price

492,500

477,950

-5.36

Average Price

503,537

492,133

-4.88

Average Days on Market

24

29

61.11

South Calgary Statistics

 

Mar-23

YTD*

Y/Y †

Sales

325

658

-51.15

New Listings

399

865

-45.63

Inventory

317

272

-7.17

Sales To New Listings Ratio

81.45

76.07

-10.15

Benchmark Price

529,900

522,333

3.64

Median Price

492,500

477,950

-5.36

Average Price

503,537

492,133

-4.88

Average Days on Market

24

29

61.11

West Calgary Statistics

 

Mar-23

YTD*

Y/Y †

Sales

234

514

-48.34

New Listings

350

740

-39.89

Inventory

316

255

-26.93

Sales To New Listings Ratio

66.86

69.46

-14.07

Benchmark Price

650,800

640,800

1.17

Median Price

633,500

590,750

-6.97

Average Price

686,957

649,111

-2.81

Average Days on Market

23

28

-6.67

Northwest Calgary Statistics

 

Mar-23

YTD*

Y/Y †

Sales

240

537

-47.81

New Listings

355

769

-40.85

Inventory

316

261

-20.43

Sales To New Listings Ratio

67.61

69.83

-11.78

Benchmark Price

585,700

565,233

2.39

Median Price

590,000

575,000

-1.20

Average Price

591,353

581,219

0.03

Average Days on Market

22

30

25.00

Airdrie Real Estate Statistics

 

Mar-23

YTD*

Y/Y †

Sales

154

338

-57.43

New Listings

204

493

-51.86

Inventory

207

174

-1.14

Sales To New Listings Ratio

75.49

68.56

-11.58

Benchmark Price

497,400

488,266

1.76

Median Price

466,700

454,750

-9.30

Average Price

487,892

464,527

-6.60

Average Days on Market

28

29

93.33

Calgary Detached Homes Statistics

 

Mar-23

YTD*

Y/Y †

Sales

1,143

2,498

-52.95

New Listings

1,612

3,627

-50.42

Inventory

1,548

1,327

-16.96

Sales To New Listings Ratio

70.91

68.87

-5.10

Benchmark Price

649,800

636,166

3.61

Median Price

635,000

617,750

1.60

Average Price

706,987

690,138

3.98

Average Days on Market

25

30

66.67

Calgary Semi-Detached Homes Statistics

 

Mar-23

YTD*

Y/Y †

Sales

217

468

-44.22

New Listings

280

623

-44.57

Inventory

286

255

-18.53

Sales To New Listings Ratio

77.50

75.12

0.64

Benchmark Price

581,300

569,533

3.34

Median Price

550,000

538,250

5.23

Average Price

614,126

598,116

4.79

Average Days on Market

28

35

40.00

Calgary Row Home Statistics

 

Mar-23

YTD*

Y/Y †

Sales

388

911

-41.23

New Listings

508

1,147

-40.85

Inventory

404

349

-34.15

Sales To New Listings Ratio

76.38

79.42

-0.65

Benchmark Price

378,100

369,733

9.58

Median Price

380,000

375,000

7.76

Average Price

392,303

386,712

8.25

Average Days on Market

21

29

-3.33

Calgary Condominium Statistics 

 

Mar-23

YTD*

Y/Y †

Sales

681

1,489

-11.89

New Listings

918

2,160

-3.49

Inventory

1,000

883

-19.65

Sales To New Listings Ratio

74.18

68.94

-8.70

Benchmark Price

293,500

285,700

10.54

Median Price

268,500

265,000

5.89

Average Price

305,450

292,835

4.41

Average Days on Market

31

35

-31.37

*Year-To-Date as of April 11, 2023†Year-To-Date, year over year percent change.

‡Calgary Census Metropolitan Area includes Calgary, Airdrie, and Rocky View

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