CALGARY'S CURRENT HOUSING MARKET

Market Summary for December 2024

seller's market
Average Price by Home Type as of December 2024

Detached - $796,753

Duplex - $655,623

Townhouse - $448,425

Condo - $358,432

Sales to New Listings Ratio: 101.13%
Average Days on Market: 48

What This Means for You
No matter the market—buyers' or sellers'—people are always buying and selling. The key? Focus on the deal, not just the market. As a buyer you want to shop for the right deal and as a seller you want to sell a home to meet the needs for your motivation as to why you are selling. 

Understanding market conditions is a powerful tool that savvy real estate investors and homeowners use to make informed decisions about pricing, timelines, and strategy. With the right guidance, you can navigate any market and achieve your real estate goals with confidence.

 

  • Is it a good time to buy or sell my home? Yes, depending on your goals/motivation to buy/sell. 
  • Buyers - shop for the right deal. Something that aligns with your needs and long-term goals.
  • Sellers - positioning your home to meet the motivation behind your sale—whether that’s timing, price, or a fresh start.
  • With the right strategy, YOU can achieve success in any market.

I am here to help. Ready to make a move? 

Kyla Franks standing in a Kitchen in a Louis Vuitton sweater.
Kyla Franks
REALTOR®
CENTURY 21 Masters
Office 

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