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Average House Price in Calgary

The average house price in Calgary is $420,500

 

In August 2019,  average home prices in Calgary down 2.7% compared to the previous year.

Home prices depend on the size, location, amenities, the age and condition of the apartment, townhouse or house.

 

Average House Price in Calgary
2017 2018 2019
January $428,500* $426,800* $410,200
February $428,000* $428,700* $409,800
March $429,100* $430,700* $409,400
April $430,200* $430,900* $411,100
May $433,700* $437,100* $418,300
June $435,900* $437,100* $419,900
July $437,600* $435,100* $419,900
August $436,600* $432,200* $420,500
September $435,700* $424,200
October $433,300* $422,000
November $430,700* $418,300
December $427,400 $413,900
Source: CREA
*Updated

Here are some recommendations from the Canada Mortgage and Housing Corporation to buying your first home:According to the 2017 outlook from the Calgary Real Estate Board (CREB), house prices aren’t expected to grow by a significant amount this year.

  • Decide if home ownership is right for you
  • Check if you are financially ready to own a home
  • Analyze your situation and mortgage possibilities
  • Find the right home
  • Make and offer and close the deal
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Will Calgary house prices go down?

House prices in Calgary were down 4.3 per cent in May, year over year, as the local market remains overstocked, according to the latest statistics from the Canadian Real Estate Association. … “The home pricing environment will likely remain weak in these cities until demand and supply return to better balance.