October 2023 Calgary Real Estate Statistics

The stats are in! Here are some of the highlights from the Calgary Real Estate Board's latest report:

  • "... with 2,171 sales, levels were 17 per cent higher than last year and amongst the highest levels reported for October" (Calgary Real Estate Board)
  • " Sales activity has been boosted mainly through gains in apartment condominium sales" (Calgary Real Estate Board)
  • "New listings also improved this month compared to last year, reaching 2,684 units" (Calgary Real Estate Board)
  • "... months of supply [is at] one and a half months" (Calgary Real Estate Board)
  • "The unadjusted benchmark price in October reached $571,600, a gain over last month and nearly 10 per cent higher than last October" (Calgary Real Estate Board)

CREB® Chief Economist Ann-Marie Lurie adds, "Despite some recent improvements in new listings, supply levels remain challenging in our market. It will take some time to see a shift toward more balanced conditions and ultimately more price stability.”

You can read their full report by clicking here. 

Ready to make your move? Contact Team Ken Richter today!

Posted by Ken Richter on


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