Downtown Commercial Core
Downtown Commercial Core

Downtown Commercial Core Housing Market Report

Balanced Market

All types - for the month of April

Buyer's market Seller's market

4

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 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

26

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*

39

New

25(+4.17% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 25, in 2023: 35, in 2022: -

Total Sold Listings*

10

Median Sold Price

$356,750

Avg Days on Market

26 days

Median Bidding

-$8,450

Compared to number of sold, same period, in 2024: 14, in 2023: 7, in 2022: -

*Data is for the month of April

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

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