Downtown Commercial CoreHousing market

Downtown Commercial Core

Downtown Commercial Core Housing Market Report

Buyer's Market

All types - for the month of March

Buyer's market Seller's market

6

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

66

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

29 active

New

17(-29.17% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 20, in 2023: 33, in 2022: -

Total Sold Listings*

5 sold

Median Sold Price

$315,000

Avg Days on Market

66 days

Median Bidding

-$7,900

Compared to number of sold, same period, in 2024: 15, in 2023: 13, in 2022: -

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Downtown Commercial Core - All types

Sold vs Active vs New vs Relisted - Downtown Commercial Core - All types

Sold Price Distribution - Downtown Commercial Core - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Downtown Commercial Core - All types

Property type distribution based on data from the last 3 months.

Median Price - Downtown Commercial Core - All types

Just listed - Downtown Commercial Core

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13 hours on market

310 8 St #550, Calgary

Condo221000.00 sq ft

Listed by RE/MAX iRealty Innovations

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19 hours on market

701 3 Ave #205, Calgary

Condo22925.80 sq ft

Listed by Gravity Realty Group

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22 hours on market

930 6 Ave #1010, Calgary

Condo11569.65 sq ft

Listed by eXp Realty

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2 days on market

221 6 Ave #2411, Calgary

Condo11683.33 sq ft

Listed by The E Group Real Estate

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2 days on market

930 6 Ave #2306, Calgary

Condo22976.83 sq ft

Listed by RE/MAX House of Real Estate

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5 days on market

701 3 Ave #304, Calgary

Condo221339.00 sq ft

Listed by RE/MAX First

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5 days on market

221 6 Ave #601, Calgary

Condo11693.00 sq ft

Listed by GSL Realty Ltd.

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7 days on market

910 5 Ave #1407, Calgary

Condo22949.30 sq ft

Listed by Greater Property Group

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13 days on market

701 3 Ave #203, Calgary

Condo221014.00 sq ft

Listed by RE/MAX House of Real Estate

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14 days on market

930 6 Ave #3404, Calgary

Condo221209.30 sq ft

Listed by RE/MAX House of Real Estate

Just sold - Downtown Commercial Core

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Sold 4 days ago

Sold for $356,000

$14K below asking

777 3 Ave #301, Calgary

Condo22901.00 sq ft

Listed by Lethbridge Real Estate.com

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Sold 6 days ago

Sold for $377,500

930 6 Ave #2405, Calgary

Condo11648.73 sq ft

Listed by RE/MAX House of Real Estate

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Sold 7 days ago

Sold for $362,000

$13K below asking

777 3 Ave #106, Calgary

Condo221006.29 sq ft

Listed by CIR Realty

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Sold 9 days ago

Sold for $1,453,000

$30K below asking

108 9 Ave #1608, Calgary

Condo23+12164.08 sq ft

Listed by Sotheby's International Realty Canada

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Sold 11 days ago

Sold for $670,000

$10K below asking

701 3 Ave #703, Calgary

Condo23+11430.00 sq ft

Listed by RE/MAX Landan Real Estate

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Sold 12 days ago

Sold for $195,000

221 6 Ave #1011, Calgary

Condo11700.56 sq ft

Listed by CIR Realty

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Sold 13 days ago

Sold for $247,000

$13K below asking

221 6 Ave #2006, Calgary

Condo21916.97 sq ft

Listed by Royal LePage Mission Real Estate

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Sold 19 days ago

Sold for $357,500

930 6 Ave #3108, Calgary

Condo11568.80 sq ft

Listed by RE/MAX House of Real Estate

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Sold 27 days ago

Sold for $188,000

$7K below asking

221 6 Ave #509, Calgary

Condo11706.30 sq ft

Listed by TrustPro Realty

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Sold 28 days ago

Sold for $208,900

221 6 Ave #1007, Calgary

Condo11727.17 sq ft

Listed by Greater Property Group

Population and Demographics

Overview

Total population 7069

Average household income $119,966

Age (%)

20 to 34

44%

35 to 49

21%

50 to 64

13%

65 and plus

13%

0 to 19

9%

Household composition (%)

Single person

59%

Single family

32%

Multi person

9%

Multi family

0%

Mother tongue (%)

English

66%

Yue (Cantonese)

5%

Mandarin

4%

Spanish

4%

Tagalog (Pilipino, Filipino)

3%

Korean

3%

Arabic

2%

Hindi

2%

Others

2%

French

1%

House tenancy (%)

Renters

82%

Owners

18%

Top 2 Schools in Downtown Commercial Core

Red Deer Lake School178105 - 112 Street West, T2J 2T9, Calgary, AB

7.6/10

Public•

Chestermere High School241078 RR 280, T1X 2L4, Rocky View County, AB

6.3/10

Public•

Transportation

Car Friendly

3/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

5/5

All day-to-day needs are within walking distance

Transit Friendly

5/5

Near a subway and frequent bus lines

Shopping, Food and Nightlife

Cafes

5/5

Variety of cafés within a few minutes' walk

Groceries

5/5

Several grocery stores nearby

Nightlife

4/5

Variety of bars within walking distance

Shopping

5/5

Variety of shops within a few minutes' walk

Restaurants

5/5

Variety of restaurants within a few minutes' walk