Courtesy of Ryan Torris
DETACHED MARKET TIGHTENS WHILE APARTMENTS REMAIN OVERSUPPLIED GET YOUR HOME READY FOR SPRING When the snow starts to melt and the sun starts shining, it’s time to do some outdoor home maintenance. Even if you live in an apartment or condominium, there are a few things you can do to get your home in tip-top shape. • Ensure gutters are in good repair and clean and that downspouts are aimed into a water barrel or where runoff won’t go into your home. • Inspect windows to ensure caulk hasn’t been damaged over the winter, screens are not torn and are installed correctly. • Turn on and test outdoor faucets to inspect for any leaks freezing might have caused. • Test, repair and clean outdoor light fixtures. • Inspect decks and fences for loose boards or nails and repair if necessary. A proactive spring checkup helps protect your home, extend its lifespan and avoid unexpected repairs down the road. BENCHMARK PRICE Current: $512,200 Last Year: -5.4% DAYS ON MARKET AIRDRIE CALGARY BENCHMARK PRICE Current: $560,500 Last Year:-4.4 % DAYS ON MARKET
City of Calgary, March 2, 2026 Calgary continued to see market conditions vary by property type in February. The tightest conditions occurred in detached and semi-detached properties, reporting less than three months of supply. Row homes reported slightly higher supply levels relative to demand but remained relatively balanced. Meanwhile, apartment-style properties are dealing with excess supply, as conditions continue to favour the buyer. “Slowing migration levels are coming at a time when supply for apartment-style homes is rising. Calgary reported record high starts last year, mostly due to gains in apartment starts where there are nearly 18,000 units currently under construction. While a large share of the units is targeted for rental, this also impacts condo ownership markets,” said Ann-Marie Lurie, CREB ® ’s Chief Economist. “Meanwhile, on the opposite end of the spectrum, the detached market remains relatively balanced in the higher price ranges and continues to struggle with limited supply for homes priced below $700,000.” Tighter conditions for detached homes offset the higher supply levels in the apartment condominium sector, leaving citywide conditions relatively balanced at three months of supply and a sales-to-new-listings ratio of 55 per cent. Inventory levels reached 4,822 units in February, with condominiums and row homes representing more than half of all the inventory. At the same time, there were 1,526 sales in February, an 11 per cent decline over last February, mostly due to a sharp pullback in row and apartment sales.
46
42
NEW LISTINGS
NEW LISTINGS
2,766
236
ACTIVE LISTINGS
ACTIVE LISTINGS
4,822
401
SOLD LISTINGS
SOLD LISTINGS
1,526
122
Stats Reflective of February 2026 Source: CREB ®
Stats Reflective of February 2026 Source: CREB ®
Market values stated are of the average of Calgary. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.
Market values stated are of the average of Airdrie. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.
Source: CREB ®
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R yan T orris REALTOR ® - TOP PRODUCER - OWNER Real Estate Agent, 1forAll Charity Contributor 403.710. SOLD (7653) concierge@blackrockre.ca www.blackrockre.ca @blackrockre
201, 120 2nd Ave NE Airdrie, AB T4B 2N2
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