For most sellers, that softening market means accepting a bid below expectations and waiting a few weeks longer than planned. But for a smaller group, often at the higher end of the market, it has meant something more punishing: many months or even years of no sale, terminated listings, relistings, and dramatic price reductions before a buyer finally came through.

Below are HouseSigma’s picks of Greater Calgary’s 10 most painful home sales of 2026 so far, based on MLS data on sales between January 1 and April 23. The list is a combination of three rankings: biggest dollar discount off final list price, longest total time on market across all listing attempts, and highest number of repeated listings before the sale closed. The first property is ranked at the top as it appears on two of these lists, making it (in our opinion) the most painful sale of the year to date.

1. 340 West Chestermere Drive: $1,800,000

This is the only property to appear in two of our categories: it is the most-relisted home to sell in 2026 so far, and it is third in the longest total listing period rankings. This beautifully renovated, four-bedroom Chestermere detached home moved in and out of the market across eight listing attempts between January 2024 and March 2026, accumulating 639 days on the market before a buyer finally agreed to $1.8 million. The seller bought the home for $1.06 million in April 2022, so at $1.8 million the sale represents a paper gain — but it’s well below the seller’s original target of $2.2 million.

Details: $1,800,000 | 4+1 bed, 4 bath | 2,971 sq ft | Built 1979 | Sold March 4, 2026

2. 1118 Premier Way SW, Calgary: $4,800,000

The biggest dollar discount of 2026 so far: $550,000 off the final asking price on this grand, 2014-built Calgary detached home. The seller’s first listing went up in May 2025 at $5.89 million and was terminated in December after 200 days without a buyer. The home was relisted in February this year at $5.35 million and sold 63 days later for $4.8 million, 10.3% below that final ask and more than a million bucks off the original target.

Details: $4,800,000 | 4+1 bed, 6 bath | 5,059 sq ft | Built 2014 | Sold April 17, 2026

3. 175 Pumpvalley Court SW, Calgary: $1,600,000

This detached Calgary home, built in 1991, closed 18% below its $1.95 million asking price after three consecutive listings beginning in April 2025. The first two were terminated without a sale — 36 days on the first attempt (priced at $2,595,000), 132 days on the second ($2,190,000). The third listing ($1,950,000) finally closed in late February 2026 at $350,000 below ask, the second biggest dollar loss of 2026 so far.

Details: $1,600,000 | 3+2 bed, 5 bath | 3,815 sq ft | Built 1991 | Sold February 27, 2026

4. 1212 Montreal Avenue SW, Calgary: $3,150,000

This attractively renovated Calgary detached house, built in 1983, tried and failed to sell twice in 2023 (listed at $3.72M) and 2024 ($3.42M) before finally moving in March 2026. The two earlier listings combined for 406 days on market through those abandoned attempts. The seller returned in September 2025 with a $3,499,000 list price and closed five months later for $349,000 below ask.

Details: $3,150,000 | 5+1 bed, 7 bath | 4,726 sq ft | Built 1983 | Sold March 5, 2026

5. 178125 240 Street W, Rural Foothills County: $2,925,000

Four listings and a whopping 905 active days on the market, this is the longest total time of any sale in Greater Calgary in 2026 so far. The Rural Foothills County property with a ranch and a three-bedroom house was first listed in June 2023 for $2,999,000 and bounced through two listing expirations. The third listing, beginning April 2025 at a barely reduced price of $2,990,000, finally closed in January 2026 at $2.925 million. A rare tale where the seller held out for the right buyer who eventually showed up to pay close to full ask, so the pain paid off.

Details: $2,925,000 | 3+1 bed, 3 bath | 1,680 sq ft | Built 1979 | Sold January 26, 2026

6. 703 Green Haven Place, Rural Foothills County: $1,525,000

Another Rural Foothills County acreage, this one a 2024-build. The home was listed in April 2024, starting at $1,719,900, and spent the next 21 months cycling through three expired listings before finding a buyer in mid-January 2026, after 649 active days on market. The final listing went up on January 5, 2026 and sold within 16 days.

Details: $1,525,000 | 3+1 bed, 4 bath | 2,900 sq ft | Built 2024 | Sold January 21, 2026

7. 426-255 Les Jardins Park SE, Calgary: $479,900

A two-bedroom, 977-square-foot Calgary condo built in 2022, this is the only condo on our list. The unit sat on the market for 633 active days across three listings: an April 2024 listing at $529,900 that expired on December 31, a January 2025 listing that expired on June 30, and a third listing from July 2025 that finally sold on January 23, 2026. For a building completed just a few years ago, that represents a substantial share of the unit’s post-construction life spent listed.

Details: $479,900 | 2 bed, 2 bath | 977 sq ft | Built 2022 | Sold January 23, 2026

8. 196 Wolf Hollow Park SE, Calgary: $515,000

A 2020-built rowhome in SE Calgary that went through seven listings across eight months before selling, second only to our #1 entry. The seller started fresh in late June 2025 after an earlier attempt that terminated after just six days, then cycled through six more listings averaging just over four weeks each. The property closed in February 2026 at $515,000.

Details: $515,000 | 3+1 bed, 4 bath | 1,313 sq ft | Built 2020 | Sold February 13, 2026

9. 96 Belmont Terrace SW, Calgary: $673,000

A 2017-built Calgary detached house that went through seven listings in just six months between August 2025 and February 2026. Four of those listings ended and were immediately replaced with a new MLS number on the same or next day, a pattern that effectively resets the “days on market” counter shown in public listing pages and is a common tactic for properties struggling to attract offers. The home finally sold for $673,000 on February 6, 2026.

Details: $673,000 | 3 bed, 3 bath | 1,937 sq ft | Built 2017 | Sold February 6, 2026

10. 103 Masters Heights SE, Calgary: $565,000

Seven listings in the six months between August 2025 and February 2026, averaging just 22 days each, gives this small bungalow the shortest average listing duration of any property in our top 10. In five of the seven listings, each listing ended and restarted on the same or next day with a new MLS number — the same pattern seen on 96 Belmont Terrace, above. The home sold in mid-February 2026 for $565,000, closing out more than six months of near-constant listing activity.

Details: $565,000 | 1+2 bed, 3 bath | 1,002 sq ft | Built 2016 | Sold February 18, 2026

HouseSigma’s Greater Calgary market infographics track the higher-level statistics, while these 10 properties are what those numbers look like up close, for the sellers who felt them most.

Find Calgary-region homes for sale on our Map Search page, where you can filter for price, property type, and much more. Plus, keep your eye on our Alberta blog page to stay up to date with market trends, sales data, and remarkable listing stories.

The post Chasing the market down: Calgary’s 10 most painful home sales of 2026 so far appeared first on HouseSigma.

But when you compare the market with a year ago, today’s picture looks very different. Every property type in Calgary saw a median March price below that of a year ago, and the overall median price was down 1.4% year over year. Detached homes, despite recent months of gains, are still down 4.0% from March 2025, when the median was $729,200. Attached homes sit at $480,000 — 3.8% below the $499,000 recorded a year earlier. Condos have fallen the furthest: at $303,000, they’re 6.9% below March 2025’s $325,500.

The overall median decline of −1.4% is softer than it looks because the total mix shifted slightly toward detached sales this March (53% of sales vs 49% a year ago), which boosts the headline number.

What all this means is that the spring price uptick is real — but it’s merely recovering some of the ground lost over the past year, and is very far from breaking new territory.

What sellers are closing for

Sellers are feeling this gap. In March, 78.4% of Calgary homes sold under their asking price, with the typical home closing 1.88% below list — about $9,900 on a $582,500 median price. Only 13.7% of sales went over asking.

However, that discount has been narrowing since December, when it peaked at 2.56% below list. January came in at 2.31% and February at 2.06%, so with March at 1.88%, that’s the smallest price gap in six months. But a year ago, in March 2025, the typical home sold at just 1.25% under asking. So while the direction is improving for sellers, buyers are still negotiating a larger discount than they were this time last year.

The gap varies by home type. Detached buyers negotiated the most modest reductions, with the median sale landing 1.64% below list. Attached homes came in at 1.84% under. Condos saw the largest discount, closing at a median of 2.66% below list — consistent with the steeper year-over-year price decline in that segment.

Best and worst sale prices vs list

The Greater Calgary home that sold for the highest dollar amount over asking was a lovely detached home in Elbow Park that sold for $266K more than its $1.499M asking price, fetching $1,715M. By percentage, the biggest list-to-sale-price gain was this 1961 modernist-style renovated home in Charleswood, which sold for 22% above asking, at $1.2M.

At the other end of the outlier scale, the largest dollar drop from list to sale price in March was borne by this luxury Upper Mount Royal house, which sold for $349K less than its $3.499M list price. And by percentage, it was this older home on a corner lot in Highland Park, which is ripe for redevelopment. The sellers wanted $999K, but got $818K, a drop of 18.2%.

What to make of the stats

Despite such outliers, the detached market is relatively stable and balanced. But for those looking to buy or sell a condo, this segment of the market is worth watching. The combination of the steepest year-over-year price drop and the largest discount to list suggests supply in that segment is outpacing demand more than in either detached or attached categories. For buyers, that means more room to negotiate. For sellers, it means pricing conservatively matters more in condos than elsewhere.

Sellers are feeling a bit more confident compared to the start of the year, we’re seeing more activity, more showings, and some momentum coming back into the market. But at the same time, pricing is still very sensitive. Buyers are informed and cautious, and they’re not chasing the market the way they were before.
What we’re seeing right now is more of a recovery phase than a true surge. Properties that are priced well and show well are moving, but anything even slightly off is sitting longer or getting negotiated down.

Raj Sandhu, leading HouseSigma agent in Calgary

Check out our interactive March 2026 Calgary PriceWatch infographic, below, to see the full stats breakdown by property type and community. Just hover over or click on the graph to see the precise data.

Find Calgary-region homes for sale on our Map Search page, where you can filter for price, property type, and much more. Plus, keep your eye on our Alberta blog page to stay up to date with market trends, sales data, and remarkable listing stories.

The post Infographic: Calgary’s spring real estate market is recovering only some of the lost ground appeared first on HouseSigma.

HouseSigma data analysis has found that every major home type posted a year-over-year price decline in February 2026, with detached homes down 5.5%, attached houses down 3.2%, and condo-apartments falling 6.2%.

So why is the overall median down 1.6% when each individual category is down 3–6%? It comes down to mix: there were proportionally more detached home sales in the mix this February compared to last year, and detached homes are the most expensive category. That pushes the blended average up even as prices within each type fall. In other words, the headline is actually masking how much softer the market is than it appears.

Sellers are negotiating — on every type of home

Lower prices aren’t the only advantage that Greater Calgary buyers have right now. Across all three home types, the median sale price has consistently been coming in below the asking price — and that gap has been widening consistently from a year ago. The infographic below shows detached homes in February at a median discount of 1.8% from the list price. That figure for attached homes is 2% off list price, and 3.1% off for condos. All three of those discount percentagess are greater than they were a year ago.

On a $680,000 detached home, a 1.8% discount means roughly $12,000 off asking. On a $305,000 condo, a 3% gap is close to $9,000 in savings. This makes the data a useful starting point for negotiating.

More than 80% of homes in the Greater Calgary region sold below their list price in February. That’s a higher proportion than the overall percentage across 2025, which was 78%, but it’s less than January’s 85%. This is in line with the rising seasonal activity in February compared with January, and could suggest the negotiating power is waning.

Although homes are still taking longer to sell than they were a year ago, a look at HouseSigma’s Greater Calgary Market Trends page shows that homes in February were not sitting on the market as long as they have been, with the pace of sales increasing in February.

What this means for Greater Calgary spring buyers

The February data tells a consistent story across price points:

• Prices are 3–6% lower than they were a year ago, dropping across every home type
• Sellers are consistently accepting offers below asking and the discount has been growing
• The wide-open window for negotiation may close if the spring market continues to gather pace

Raj Sandhu, a leading HouseSigma agent in Calgary, said, “From what I’m seeing on the ground, buyers have more leverage right now than they did last year. Inventory has improved and many homes are taking a long time to sell, so negotiations and sale prices below list are becoming more common. That said, well-priced homes are still moving quickly. If we see the usual spring increase in demand, it could tighten conditions again and reduce some of the negotiating room buyers currently have.”

Check out the interactive Greater Calgary PriceWatch infographic, below, which has more price breakdowns by geography and home type.

Find Calgary-region homes for sale on our Map Search page, where you can filter for price, property type, and much more. Plus, keep your eye on our Alberta blog page to stay up to date with market trends, sales data, and remarkable listing stories.

The post Infographic: Greater Calgary home prices fell harder than it seemed, but will spring market close the gap? appeared first on HouseSigma.

Property type: Year over year, City of Calgary median detached sales have barely dipped (-2.4%) and buyers are still competing for houses, whereas attached and condo sales numbers both fell by around 25% over 12 months. The upper arm of the K is shown by detached homes, still thriving, compared with the lower arm of attached homes and condos, dropping in sales volumes. Price declines tend to lag dropping sales volumes as inventory builds up, so we expect to see steeper price drops in condos and attached homes in the coming months, compared with detached homes.

Geography by quadrants: Thriving parts of the city are the South-West (where median sale prices in January were up 7.2% year-over-year) and North-West (+2.4%), while the South-East (-5.8%), North-East (-2.3%) and condo-heavy city central core (-3.6%) flounder.

Where the two (home type + geography) intersect: The South-West quadrant is the most detached-heavy, higher-income part of the city, so it benefits on both the property type and the geography aspects. Calgary’s central core and North-East are where condo and affordable multi-family concentrate, so that’s pulling those areas down.

A tale of two market realities: All the above means today’s detached home buyer in South-West Calgary is living in a real estate market where prices are robust and competition for homes is still real. Whereas a condo buyer in the Inner City or North-East is living in a world where prices are down and inventory is piling up, giving the buyer the advantage in a struggling market. Same city, same month, two different realities.

CREB stats support this data: CREB’s January 2026 figures on sales volumes and prices mirror the above. They also show detached homes at just 2.67 months of supply (a seller’s market) versus condo-apartments at 5.26 months (balanced but leaning towards a buyer’s market), and North-East condo-apartments at nearly 13 months (deeply distressed). Not to mention there are 26,000 units under construction that will mostly hit the already-oversupplied condo segment. The K shape to this market doesn’t look like it will resolve any time soon. 

Sale versus listing prices: When looking at how much Calgary buyers paid in January 2026 compared with the final listing price, the South-West is worth noting. Even though HouseSigma data shows its median discount is moderate at -2.11%, it has by far the highest share of over-asking sales at 14% and the lowest share of under-asking sales at 80.3% (see infographic below). That’s where the bidding wars are happening, which lines up with the South-West being the strongest quadrant on price growth.

The wider Greater Calgary region: Zooming out on the wider region and including other municipalities from Chestermere to Canmore, the K-shape shows up in the sales versus listing price analysis again. Detached homes across the region have the tightest gap — sellers are only giving up about 2% on average, and nearly 1 in 5 detached sales went at or above asking (18.4% combined). Condos are a different story entirely — the typical condo sold 3.2% below asking, and fewer than one in 12 went over asking (3.6%). Over 91% of condo sales closed below list price.

Raj Sandhu, a leading HouseSigma agent in Calgary, said, “Detached homes, especially in the SW, still have real competition and confidence behind them, while condos are sitting longer and buyers know they have leverage. Until supply balances out, that split is going to stay with us.”

Looking at the extreme individual outliers in sale versus listing price, the Greater Calgary home that sold in January for the most over asking price, by dollar amount, was this pretty bungalow in a highly sought-after Roxboro location. it went for $201,100 over its near $1.6 million price tag — we’re guessing this could have been a developer bidding war. By percentage, the highest gain was a 23% premium paid for this modern West Springs house with an unfinished renovation, which had been listed for $650,000 but sold at $800,000.

At the other end of the scale, the biggest price haircut was seen by this large Pump Hill house, which gave the buyer a $288,777 discount off its $2,888,777 asking price. That was not the largest percentage decline, which went to a modest bungalow in Parkhill that was clearly sold for its lot. It went for $760K, more than 23% off its $895K list price.

Check out the overall Greater Calgary January PriceWatch infographic below for more details on home prices and regional breakdowns.

Find Calgary-region homes for sale on our Map Search page, where you can filter for price, property type, and much more. Plus, keep your eye on our Alberta blog page to stay up to date with market trends, sales data, and remarkable listing stories.

The post Infographic: In Calgary’s K-shaped real estate market, some parts thrive while others dive appeared first on HouseSigma.

But what exactly does $500K buy you? Are we talking condos only, or townhouses? And are there any areas where $500K will stretch to a detached house, or a home with four bedrooms?

To find the answers to these questions, we analyzed current listings in Calgary’s inner city, suburban quadrants, and further-afield municipalities. We profiled typical $500K homes and found current listing examples in each area, so you can see how much bang you can get for your buck.

Raj Sandhu, a leading HouseSigma agent in Calgary, said, “In today’s Calgary market, $500,000 is a true transition price point. It can mean a well-located condo, a modern townhouse, or a modest detached home, depending entirely on where buyers choose to compromise on space, age, or proximity to the city. Either way, it’s a trade-off.”

Check out the regional property profiles and sample listings below (all active listings at publication on January 27, 2026), and let us know if the results surprised you!

Inner-City Calgary

Inner-city condos at $500K are typically two-bedroom units, 900-1,100 square feet, mostly built in the late 2000s to mid-2010s. Beltline dominates inventory due to the condo construction boom in the area. Expect to pay $450-$550/sqft — you’re paying for walkability and urban lifestyle.

Typical listing: Unit 2305 – 433 11 Avenue SE

A two-bedroom, two-bathroom unit in the Arriva building, this condo is located near the future Flames arena and Calgary’s entertainment district. It is 1,018 square feet and was built in 2008. It has a small balcony with an epic city view. The building offers a 24-hour concierge/security, central air conditioning, guest suites, an owner’s lounge, and pet-friendly living.

Calgary North-East

Typical for the North-East quadrant at around $500,000 are smaller two-bedroom homes from the 1980s, usually bungalows, and generally under 1,000 square feet. Note the higher price-per-square-foot ($530-$600) than inner-city condos, because you’re paying for land and a detached structure, not just building size.

Typical listing: 139 Castledale Way NE

This is a detached home located on a quiet street in Castleridge. It is a split-level bungalow with an open-concept layout, three bedrooms, and two bathrooms. It was built in 1987 and is a modest 847 square feet. The lower level has a family room with a wood-burning fireplace, the third bedroom, a full bathroom, and a dedicated laundry area.

Calgary South-East

The South East gives buyers with $500K two distinct paths — newer townhouses in communities like McKenzie Towne, Auburn Bay, and Cranston with 1,100-1,300 square feet of living space, or older, smaller, but detached homes in established areas like Ogden, Erin Woods, and Forest Lawn. Our representative listing is typical of the former.

Typical listing: 63 Elgin Meadows Park SE

This bright townhome, which was built in 2012, has 1,283 square feet of living space on two finished storeys, plus there’s an unfinished basement. The kitchen has granite countertops, stainless steel appliances, a corner pantry, and a custom coffee bar. The home offers dual primary bedrooms, both with ensuite bathrooms, as well as a third bathroom, and a den. It is also a stone’s throw from the Nature Reserve.

Calgary North-West

North West townhouses at this price point tend to be slightly larger (1,350-1,600 square feet) with improved value at typically $300-$370/sqft. Neighbourhoods such as Sage Hill, Evanston, and Royal Oak deliver the best examples of the typical NW $500K purchase — two-bed units around 10-20 years old.

Typical listing: 156 Royal Manor NW

This 1,423-square-foot, 22-year-old townhome is in Royal Oak, close to the C-Train station and local amenities. The main level has open-concept living, along with a den and powder room, while upstairs there is a primary bedroom with ensuite, another bedroom, family bathroom, and a media area that could be converted to a third bedroom.

Calgary South-West

For $500K in the South West, townhouses cluster around 1,250-1,400 square feet, often newer construction. Shawnee Slopes and Springbank Hill offer good value, while Aspen Woods commands a premium. Expect to pay $350-$420/sqft.

Typical listing: 305 Shawnee Square SW

This new townhome was built in 2025, with more than 1,300 square feet of living space. It has a double attached garage, as well as dual primary bedrooms, both with en-suite bathrooms and walk-in closets. The kitchen has sleek cabinetry, white quartz countertops, and stainless steel appliances. The home has LVP flooring throughout and an upper-floor laundry.

Chestermere

Chestermere at the $500K price point offers the newest homes in the region (averaging three years old) and of course, they are almost all townhouses. But inventory at this budget is limited, with only 6% of the current Chestermere market accessible for around $500K.

Typical listing: 3586 Chestermere Boulevard

This freehold, street-facing townhome is located in Phase 2 of the Clearwater Park community in Chestermere, and was completed in 2025. It has three bedrooms, three bathrooms, and an upgraded appliance package in the open-plan kitchen. It is located near Clearwater Park’s resident-exclusive community centre and is close to retail stores.

Airdrie

For a $500K budget, Airdrie offers the most inventory outside of Calgary proper, with 14.8% of the current market accessible at this price point. The homes are typically newer but not brand-new townhouses, at around 10 to 15 years old.

Typical listing: 1012 Windsong Drive SW

This 1,500-square-foot, end-of-row townhome was built in 2011, but has modern updates and is move-in-ready. The upper level has new laminate flooring and updated lighting, and there’s a brand-new washer and dryer set. Upstairs, in addition to two bedrooms, there is a spacious media area that leads to a balcony. There’s also a finished basement that is being used as a gym.

Cochrane

For around $500K in Cochrane, nine out of 10 listings are townhouses, but newer at an average of eight years old — and, of course, you have that scenic mountain-adjacent location.

Typical listing: 165 Sundown Road, Cochrane

This is a nine-year-old, three-bed, three-bath, three-level, freehold townhome with no condo fees. The main living space is on the second floor and has a spacious kitchen with a large island, quartz countertops, and stainless steel appliances. It also features a dining area and a family room that leads out to a deck with a gas line for a barbecue.

Strathmore

For this smaller budget, Strathmore is one of the areas that gives you the best shot at a detached house, as 68% of $500K-ish homes are detached. However, they tend to be older and smaller. So, if you want something newer and upwards of 1,300 square feet, you might have to share a wall with a neighbour.

Typical listing: 5 Greenview Way, Strathmore

This 1,062-square-foot detached home from 1992 boasts a living room with large front window, and a kitchen with oak cabinetry, updated hardware, and newer appliances. The home has three bedrooms and a full bathroom on the main floor. The fully developed basement offers an additional bedroom, two flex spaces, and another full bathroom.

Okotoks

Okotoks is another spot where you could get a detached home for $500,000, but you might have to be lucky at that price. Across the whole Okotoks current inventory, about three-quarters of homes are detached, but the homes are older and, more importantly, less than 6% of the market is accessible at the $500K price point. But some homes are there, if you look for them.

Typical listing: 25 Westfall Drive, Okotoks

This pretty, four-bed, two-bath home has 1,343 square feet of living space, located on a corner lot in the Westridge community in Okotoks. The main level of the home features a bright, open-concept dining and kitchen space with an abundance of natural light, a semi-open-plan living area, and three bedrooms. There’s also a one-bedroom basement with a separate entrance.

High River

High River offers the highest proportion of detached homes among current listings (79%), but also the oldest homes (42 years old on average) and is further away from Calgary. For those who don’t need to commute into the city, it’s a good option for a family home at around $500,000.

Typical listing: 406 8 Avenue SE, High River

This 1940-built bungalow has been stylishly renovated and offers 1,352 square feet of finished living space with four bedrooms and two bathrooms. The main level features two bedrooms, an upgraded bathroom, a dining room, and a kitchen with brand-new cabinets and hardware, upgraded appliances, and a walk-in pantry. The basement has two bedrooms and a bathroom, as well as an unfinished area with roughed-in plumbing that could be an additional suite, but would need the appropriate building permits.

Olds

Olds offers the best value overall, with 78% of current listings being detached homes, but it’s nearly an hour’s drive from Calgary. If it’s more space and less bustle you’re looking for, Olds can offer some great properties for around $500,000.

Typical listing: 5412 61 Avenue, Olds

This detached home has two bedrooms on the main floor, and two additional bedrooms downstairs. The semi-open-plan main living space has a vaulted ceiling, and the basement adds a recreation room. The well-proportioned primary bedroom has a walk-in closet and a three-piece ensuite. There’s also a large garage, and it’s all on a generous corner lot.

Canmore

Here’s a curveball. Canmore is both a geographical and market-condition outlier among this group, but it’s still within HouseSigma’s Greater Calgary region, so we’re including it. Of course, $500K gets you much less in this desirable mountain resort town — typically a small condo — and only 2% of current inventory is around this price point. But for those who have around $500K to spend on a unit, whether to live in or to rent out (subject to zoning) for a high price while living elsewhere, there are a handful available.

Typical listing: 212B – 1 Industrial Place, Canmore

This west-facing, one-bedroom, loft-style home offers just over 605 square feet of living space, with an open layout, high ceilings, and mountain views to each side of the covered balcony. The home is steps from schools, the Canmore Arena, Canmore Golf & Curling Club, and the skate park.

Find Calgary-region homes for sale on our Map Search page, where you can filter for price, property type and much more. Plus, keep your eye on our Alberta blog page to stay up to date with market trends, sales data, and remarkable listing stories.

The post Starter condos to family homes: What $500K buys you in Calgary and the wider region appeared first on HouseSigma.

At HouseSigma, we found that the most expensive home sold in the Calgary CMA this year was a stunning 2023-built home on Crescent Road, which went for $8.775M back in April. This detached house is the winner of the 2023 Best Canada Custom Home Award, and boasts incredible finishes, sweeping city views, and a circular glass elevator for that extra wow factor!

Check these luxurious properties out below, then head to our home page to see more sold and for-sale homes in your area, where you can filter by price and many other attributes.

1. Crescent Road award-winner: $8.775M

914 Crescent Road NW: This designer house on Rosedale’s coveted Crescent Road was built in 2023, and won that year’s award for Canada’s Custom Home Build of the Year. Check out the listing photos to ogle at the fabulous finishes and that awesome glass elevator.

Details: 4 bed, 5 bath • 6,418 sq ft • Built 2023 • Sold April 22, 2025

2. Rosedale bougie house: $7.16M

102 Crescent Road NW: Also on desirable Crescent Road, this is an elegant 2004-built home with a stunning atrium and spiral staircase, as well as lots of other lovely features. Its value has been a rollercoaster, however, having sold back in 2015 for $9 million on the nose, then again in 2020 for $6 million.

Details: 6 bed, 7 bath • 6,929 sq ft • Built 2004 • Sold March 5, 2025

3. Coach Hill development opportunity: $6.963M

7010 11 Avenue SW: This is the sale of a five-acre land parcel that has a smaller 1960s home on the property, so it qualifies for our list of most expensive homes sold in 2025 – theoretically. We’re sure some developer has snapped up the land for new construction of multiple dwellings, and that 1965 house is destined for the wrecking ball.

Details: 2 bed, 6 bath • 2,949 sq ft • Built 1965 • Sold August 19, 2025

4. Regal Mount Royal mansion: $6.35M

930 Prospect Avenue SW: Our favourite from this list is a 113-year-old mansion in Mount Royal that wouldn’t look out of place in Italy, with those garden terraces and a resort-style pool area. The interior is a gorgeous mix of modern finishings and fixtures with restored old-world charm. The owners tried to sell last year for $8.99 million, but listings expired three times before the sale for $6.35M in October this year. Fun fact: public records also show the house sold in December 1969 for a mere $29,012.

Details: 5 bed, 5 bath • 5,322 sq ft • Built 1912 • Sold October 24, 2025

5. Rocky View estate: $5.6M

237 Escarpment Drive: This property is both a 20-acre estate with sweeping views of the Rockies, and an architecturally striking 1970s home. Some of the interior design is… interesting, to say the least! But you can’t deny the architectural significance – or that incredible land with its vistas, natural pond, stream, and woodland.

Details: 4 bed, 5 bath • 4,467 sq ft • Built 1974 • Sold October 17, 2025

=6. Bel-Aire fit for a prince: $5.4M

1020 Bel-Aire Drive SW: This is another 1970s house, although a very different style to our #5 entry, and clearly renovated. We figure you have to be pretty fancy to live in this Bel-Aire bungalow, with all its opulent details. Public records show it last sold back in 2011 for $5M exactly – a surprisingly similar figure to the latest sale.

Details: 5 bed, 7 bath • 4,038 sq ft • Built 1972 • Sold October 23, 2025

=6. West Springs palatial home: $5.4M

980 101 Street SW: Also sold for $5.4M this year, this sprawling home is much bigger than the above entry, thus much cheaper per square foot. The huge home was built in 2012 but, despite being 13 years old already, has ultramodern interiors that include a 1,600-bottle wine room.

Details: 6 bed, 9 bath • 9,032 sq ft • Built 2012 • Sold June 18, 2025

8. Springbank Hill house: $5.325M

9 Elveden Drive SW: This is a pretty 1993 home with 2.65 acres of land in Springbank Hill. This listing describes it as an elevated site with “outstanding future development potential along with panoramic views, backing directly onto six acres of designated municipal reserve.” We can’t help but wonder if the developer will keep the original house intact, and build around it.

Details: 5 bed, 5 bath • 3,075 sq ft • Built 1993 • Sold July 22, 2025

9. Panoramic property: $5.25M

27 Westbluff Court: Another Rocky View County home, this one was built in 2018 and has incredible views, as well as two acres of land. The house is fully fitted out with high-end finishes and amenities, as well as soaring ceilings with endless natural light.

Details: 5 bed, 7 bath • 4,360 sq ft • Built 2018 • Sold May 1, 2025

10. Bearspaw Pointe rancher/arena: $5.1M

76 Bearspaw Pointe Way: Somewhat different from the others on this list, this is more than just a home. It’s also a 20-acre property in Rocky View County with a multipurpose equestrian-style arena, so it can also be a ranch or similar business. The 1997 home’s interior includes a barrel-vault ceiling, a massive fireplace, and a hidden loft library.

Details: 4 bed, 5 bath • 3,043 sq ft • Built 1997 • Sold May 20, 2025

Keep your eye on our Alberta blog page to stay up to date with market trends and remarkable listing stories.

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Unlock Edmonton’s real estate potential with HouseSigma

As a valued HouseSigma user in Alberta, you may already have a taste of the power of our comprehensive real estate data in Calgary and other cities. Now, we are excited to extend that same level of insight to Edmonton, currently one of Canada’s most affordable real estate markets.

Whether you are considering expanding your investment portfolio or looking for a new home within Alberta, Edmonton offers a wealth of opportunities, and HouseSigma is here to help you navigate the Edmonton real estate market.

HouseSigma first to offer two years of Edmonton sold data directly from Edmonton’s real estate board

With our new addition of Edmonton sold data* directly from REALTORS® Association of Edmonton (RAE), HouseSigma provides unparalleled insights into the Edmonton real estate market. Our data allows you to make informed decisions with confidence. But that’s not all – HouseSigma offers a suite of analytics tools to enhance your real estate experience:

• Detailed Listings: Explore comprehensive property listings with all the information you need to make an informed decision.
• Market Trends: Stay up-to-date with the latest trends and movements in the Edmonton real estate market.
• Machine Learning powered tools: HouseSigma uses Machine Learning to equip you with valuable real estate information, such as estimated value, recommended listings, and sold comparables

Don’t miss out on this opportunity to access the most detailed and comprehensive real estate data in Edmonton. Check out the latest Edmonton listings on HouseSigma today and explore the wealth of information at your fingertips!

Also, we would love to hear from you about your experience in using HouseSigma! Click the button below to tell us your feedback.

*Note: Edmonton sold data is currently available only on the Desktop and Mobile Web versions of HouseSigma. Due to compliance with RAE regulations, this data is current not accessible through our Android and iOS apps.

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Introduction

Located in picturesque southern Alberta, Calgary lies at the confluence of the Bow and Elbow rivers in the foothills of the Canadian Rockies on the western edge of the Great Plains. The city is distinctly different from the Prairie Provinces’ other urban centers, thanks to this spectacular setting. 

This modern city owes its beginnings to the founding of a North-West Mounted Police (later Royal Canadian Mounted Police) post in 1875. The small settlement became the heart of a cattle ranching area, but the discovery of natural gas and crude oil changed everything. Calgary is now a modern city offering a good quality of life, plentiful job opportunities, and a lively culture. 

With so much to offer, it’s not surprising that people from other parts of Canada, the US, and other countries are happy to make Calgary their new home. This guide will help you prepare to make the move to Calgary yourself.

Index

1. Why do people move to Calgary?
2. How much money is needed to move to Calgary?
3. How much money is needed to live comfortably in Calgary?
4. Calgary’s best neighborhoods
5. The robust job market makes Calgary extremely attractive
6. Education a major drawcard for moving to Calgary
7. Pleasant, distinctive climate and weather add to the appeal
8. Immigration requirements
9. An excellent option for settling down
10. About Polly’s data

Why do people move to Calgary?

People move to Calgary for a variety of reasons. According to data collected by Polly from 205,919 people for 12 months to May 12, 2024, it answers the question of why people move to the city. The graph below is what Polly found. 

20.8% of the sentiments expressed online confirmed that people moved to Calgary for job opportunities, while 20.7% said that affordability was a major factor in moving to the city. 19.8% named cultural events as a major reason. The city is home to several theater companies, a symphony orchestra, ballet, and opera companies. 

13.9% suggested that outdoor activities are what attracted them to this part of Canada. Calgary has a thriving culture of sports, with teams such as the Calgary Flames (National Hockey League), Calgary Roughnecks (National Lacrosse League), and Calgary Stampeders (Canadian Football League). While these sports teams receive tremendous support from locals and visitors, international attention is mostly directed to the Calgary Stampede, a 10-day festival celebrating the Old West. The event features a parade, rodeo events, live music, and other entertainment and activities and attracts more than 1 million visitors each year. Many locals and visitors also enjoy winter sports, thanks to the Rocky Mountains ski areas being a little more than an hour’s drive from the city.

13.8% of those surveyed by Polly moved to Calgary for its diverse community. 5.6% of online sentiments indicate that quality of life was a major factor in their moving, while 4.5% said that they moved to the city for education. The city boasts numerous educational institutions, such as the University of Calgary, Mount Royal University’s main campus, and SAID Polytechnic, as well as many state and private schools. Only 0.9% said they moved to Calgary for the city’s scenic beauty. It seems that despite the uncommon beauty of the city, the scenery cannot surpass job opportunities, affordability, and other essential livability factors as a primary motivation for newcomers.

How much money is needed to move to Calgary?

The cost of moving to Calgary varies from person to person, depending on a variety of factors. Some of the biggest costs you will need to cover include the cost of moving your belongings from your current home to your new home in Calgary. This cost depends on your choice of moving company as well as on the distance between your current home and Calgary.

Hiring Movers: Next, you’ll need to pay movers to help offload your belongings and move them into your apartment or house. Plus, you should give them a tip when the job’s complete. According to Moving Waldo, you can look at hiring two movers to move your belongings into a one- to two-bedroom apartment. This would require around three hours of labor and cost approximately CA$150. Tips for the two movers bring the total amount to CA$500.

Rental Costs: Whether you plan on renting long-term or until you buy an apartment or house, you need to cover the deposit, which is usually a month’s rent, as well as your first month’s rent. According to Numbeo, the average monthly rent for a one-bedroom apartment in the city center is CA$2,010.60. With a deposit, the amount is CA$4,021.20. Outside the city center, the average rent on a one-bedroom deposit is CA$1,632.50. With a deposit, the amount you’ll need to cover is CA$3265.00.

Example Summary of Initial Costs:

Moving Company Fees: Variable

Hiring Movers: $150 – $500

First Month’s Rent + Deposit (City Center): $4,021.20

First Month’s Rent + Deposit (Outside City Center): $3,265.00

Once you have moved in, you will need to think about additional costs, such as groceries, internet, and transport. You can find out more about that below.

How much money is needed to live comfortably in Calgary?

Before looking at how much money you need to live comfortably in Calgary, it’s important to note that the city is relatively expensive. Calgary ranks 63^rd on Numbeo’s list of the 424 most expensive cities by cost of living. It should also be said that the amount you need depends on the type of lifestyle you want to live and the associated expenses.

A single person would need between $3,500 and $5,000 monthly after tax to cover housing and utilities, transportation, food, and entertainment/lifestyle expenses. A family of four would need between $6,000 and $7,000, if not more. Let’s take a closer look.

Housing costs in Calgary can vary significantly depending on the size and location of the accommodation. We’ll touch on Calgary’s various neighborhoods later, but for now, it suffices to say that the cost of housing in the city center is higher than outside of the center. For example, the average monthly cost of renting a one-bedroom apartment in the city center is CA$2,010.60, while a one-bedroom apartment outside the center is CA$1,632.50. The average monthly rental on a three-bedroom apartment in the city center is CA$3,097.80, while the average monthly rental on an apartment of the same size outside the city center is $2,520.37. The average price per square foot to buy a city center apartment is CA$373.15, and the average price per square foot to buy an apartment outside the city center is CA$375.72.

The average monthly cost for basic utilities (including electricity, cooling, heating, water, and garbage) for a 915 sq ft apartment is CA$296.51. Monthly internet (60 Mbps or more, unlimited data, cable/ADSL) costs approximately CA$92.24. Purchasing home appliances is an additional expense you might need to consider, although these are once-off costs. To give you an idea, a microwave oven from a popular brand such as LG, Panasonic, or Bosch costs approximately CA$327, while a 40” flat screen TV costs approximately CA$460.

Your monthly food costs can also vary considerably, depending on your choices. You might spend much more money on food if you eat out regularly than you would if you prepare most of your meals at home. 

For example, the average cost of a meal for one in an inexpensive restaurant in Calgary is CA$27.50, while the average cost of a three-course meal for two people in a mid-range restaurant is $100.00. In contrast, a McDonalds McMeal (or equivalent combo meal) has an average cost of $14.38. The average cost of a regular cappuccino is CA$5.24, while that of a 12 oz small bottle of Coca-Cola or Pepsi is CA$2.91. The average price of a 12 oz small bottle of water is CA$2.43. A 1-pint draft of domestic beer costs approximately CA$7.50.

The cost of groceries in Calgary is generally affordable. For example, the average price of a gallon of regular milk is CA$9.61, of a 1lb loaf of white bread is CA$3.06, and of 12 regular eggs is CA$5.41. 1lb of regular cheese has an average price of CA$8.80, while 1lb of chicken fillets costs approximately CA$8.14. 1lb each of apples, oranges, tomatoes, potatoes, and onions costs CA$2.67, CA$2.37, CA$2.55, CA$1.61, and CA$1.41, respectively. The average price of a mid-range bottle of wine is $19.50.

The cost of clothing in Calgary is comparable to other large cities. A summer dress from a high street store such as H&M or Zara costs approximately CA$66, while a pair of jeans from Levi’s or a similar popular brand costs approximately CA$75. A pair of men’s leather formal shoes costs approximately CA$139, while a pair of sports shoes from Adidas, Nike, or another popular brand costs approximately CA$106.

There is a wide variance in personal care expenses in this Canadian city. The average prices of basic toiletries are reasonable. For example, a tube of toothpaste costs approximately CA$3.09, and a roll-on deodorant costs approximately CA$6.00. On average, a 15-minute visit to a private doctor costs CA$79. A six-day course of cold medication costs approximately CA$11.00, while a 12-dose course of antibiotics has an average cost of CA$20.00.

Your monthly transport costs depend on whether you already have your own car, purchase a car and use it, use your own vehicle and public transport, use public transport exclusively, or use a combination of public transport and other methods, such as a bicycle. A one-way ticket on local transport costs CA$3.70, while a monthly pass costs CA$115.00. A Volkswagen Golf 1.4 90 KW Trendline (or equivalent new car) costs CA$33,978.00, while a Toyota Corolla Sedan 1.6l 97kW Comfort (or equivalent new car) costs CA$28,992.90. One gallon of gasoline costs CA$5.48.

Entertainment and lifestyle costs can also vary considerably. The average monthly fee for one adult at a fitness club is CA$75.09, while a single movie ticket costs approximately CA$18.00. Two tickets for the best seats available at the theater cost approximately CA$182. 

Calgary’s best neighborhoods

One of the big decisions you will be faced with when moving to Calgary is which neighborhood to move to. The city is divided into four quadrants, each of which is comprised of several different neighborhoods. They include Southwest, Northwest, Northeast, and Southeast. Each of the quadrants has a distinct character. The city’s four quadrants are indicated in street addresses, which end in SW, NW, NE, or SE.

Southwest (SW) Quadrant
In the Southwest (SW) quadrant, the most well-recognized, sought-after neighborhoods include Bankview, Killarney, and Mount Royal. This quarter also includes popular downtown accommodation locations, such as the Beltline. Further out from downtown, you’ll find neighborhoods such as Acadia, Chinook Park, Haysboro, and Sundance.

The rent and house prices in this quadrant are some of the highest in the city, as the Southwest is widely thought of as one of the best places to live in Calgary. You can enjoy relatively easy access to the C-Train Blue Line for an easier commute downtown from the quadrant’s northern part. Head to 17^th Avenue for a vibrant mix of bars, shops, and restaurants. 

Northwest (NW) Quadrant
The Northwestern quadrant’s neighborhoods considered to be in prime locations include Arbour Lake, Bowness, Edgemont, Hamptons, and Kensington and Crescent Heights. Arbour Lake, Bowness, Edgemont, and Hamptons are ideal if you plan to head to the Rockies regularly, while Kensington and Crescent Heights are popular among newcomers and younger residents who love the eclectic mix of arts and crafts shops, bistros, boutiques, cafes, and pubs.

This quadrant is better served by the C-Train than the Southwest quadrant. The Red Line offers easy access to downtown for residents in Kensington, neighborhoods near the University of Calgary, and other suburbs. If you are looking for a countryside feel in the city, make your way to the quadrant’s Nose Hill Park.

Northeast (NE) Quadrant
Calgary’s Northeast quadrant is home to Calgary Airport as well as various commercial areas. While some neighborhoods in this quadrant are popular among new immigrants and young couples due to lower rents and house prices, neighbourhoods in the Northeast are generally not considered to be the city’s best. Some neighborhoods east of Deerfoot Trail, unfortunately, face gang problems and higher crime rates than many of the city’s other areas. One of the quadrant’s nicer areas is Bridgeland, which is closer to downtown Calgary. If you enjoy shopping for bargains, head to the quadrant’s Crossiron Mills and Sunridge Mall complexes.

Southeast (SE) Quadrant
The Southeast quadrant is best known for being Calgary’s main industrial hub, although you can find a few neighborhoods worth looking at if you want lower rent or house prices. The most popular neighborhoods in the quadrant include McKenzie Lake and Midnapore, although the lack of public transport in this quadrant means you might struggle to get around if you don’t have your own car.

The Inglewood neighborhood, located closer to downtown Calgary, is being revitalized and boasts numerous antique stores, unique shops, and breweries. Popular with younger residents, the area is great to visit on weekends. Inglewood is also within easy distance of the Scotiabank Saddledome.

The robust job market makes Calgary extremely attractive 

Calgary’s diverse economy means the city boasts a robust job market offering opportunities across a diversity of industries. After natural gas was discovered at nearby Turner Valley in 1914, Calgary experienced a new growth wave thanks to the fledgling petroleum industry. This growth was spurred on by the opening of Alberta’s first refinery in 1923. A second refinery opened after crude oil was discovered in 1936. The city saw even greater economic expansion after the discovery of the Leduc fields near Edmonton in 1947. 

A little less than 100 years later, Calgary is a modern city whose historic roots are still evident. As the petroleum industry’s corporate center, it has attracted various other industries and services, such as aerospace, banking, creative industries, digital media, energy and environment, entertainment, finance, insurance, life sciences, logistics, petroleum supply, technology, and transportation, as well as a manufacturing industry encompassing electronics, machinery, food and beverage, and wood processing. 

Industry Diversity and Major Employers

In addition to being home to 118 of Canada’s largest corporate headquarters, Calgary is also at the center of the country’s oil and gas industry and has an excellent film industry. Calgary is known for having one of the country’s highest rates of self-employment, and there are more millionaires per capita in the city than anywhere else in Canada.

This Alberta city has a growing reputation as a tech hub and has attracted big names such as Amazon, Google, and IBM. Spending by industry in Alberta was forecast at $18.4 billion in 2022, and this is on the rise. An estimated CA$7.5 billion will be spent on big data, blockchain, cloud, and other digital transformation technologies in the coming years. This spending is expected to take place, especially within aerospace, agribusiness, creative industries, energy and environment, finance, interactive digital media, life sciences, transportation and logistics, and technology industries, leading to even more opportunities.  

Some of Calgary’s biggest employers include:

• Imperial Oil Limited
• Shaw Communication
• Suncor Energy
• Canadian Pacific Railway
• Calgary West Central Primary Care Network
• University of Calgary
• Enbridge Inc.
• Western Financial Group Inc.
• Calgary Police Service
• The Workers’ Compensation Board.

Education a major drawcard for moving to Calgary

Calgary’s education system has an excellent reputation for offering diverse options, ranging from childcare and kindergarten to grade 12, post-secondary, and continuing education. This makes Calgary an attractive destination for families and individuals seeking quality education.

Public School System

The public school system is divided into three groups: elementary (kindergarten to grade six), junior high school (grades seven through nine), and high school (grades 10 through 12). Children can attend public school for free. 

The Calgary Board of Education and the Calgary Catholic School District systems each have a wide network of good kindergarten to grade 12 (K-12) schools. The city is also home to more than 80 private schools offering unique programs and higher tuition fees. The Alberta Ministry of Education inspects private schools that offer credits toward the Alberta High School Diploma.

Private Schools

Calgary is home to more than 80 private schools, each offering unique programs and often higher tuition fees. These schools provide specialized education, from rigorous academic curricula to programs focusing on arts, athletics, or religious studies. The Alberta Ministry of Education inspects private schools to ensure they meet the standards required for credits toward the Alberta High School Diploma.

Post-Secondary Education

More than 90,000 students are enrolled in Calgary’s post-secondary educational institutions, which collaborate with arts, business, non-profit, progressional services, and technology communities to prepare students for the city’s changing economy. Calgary boasts one of the highest post-graduate levels of all of Canada’s major cities.

Pleasant, distinctive climate and weather add to the appeal

Calgary is 3,556 feet above sea level and sits on the prairies, so the climate is dry and has low humidity levels. With an average of 333 days of sunshine yearly, this is Canada’s sunniest major city. Unsurprisingly, summer is often warm and dry, with temperatures reaching 86°F (30°C) or higher. That said, nights in the city are almost always cool. Frost can occur in any month of the year.

The city has four distinct seasons. Winter tends to be less harsh than in other parts of the country, although temperatures still stay below 14°F (-10°C) for a few weeks of the year. Thankfully, Calgary’s proximity to the Rockies means you can take advantage of many great ski resorts. Winter also brings the Chinook. This warm wind from the Pacific Ocean can raise temperatures by 15 degrees within a few hours.

May is known for being windy, while June’s rainfall is often higher than average. The warmest months are July and August, although you can still enjoy warm conditions in September and October. 

Immigration requirements

If you are thinking about immigrating to Calgary, there are a few different programs or pathways you can take. The federal department responsible for processing temporary residence, permanent residence, and citizenship applications is the Department of Immigration, Refugees and Citizenship.

If you are a skilled worker, you can consider the express entry option. This option includes three different immigration programs and is designed for skilled immigrants who want to settle permanently in Canada. In Alberta, the option is known as the Alberta Advantage Immigration Program (AAIP).

If you are a business owner or entrepreneur, you can also consider immigrating to Calgary, Canada. The option to consider in this case is the Start-Up Visa Program, provided you have a letter of support from a designated organization, a qualifying business, meet the language requirements, and bring enough money with you to settle. 

If you are a skilled refugee, you can look at immigrating to Calgary through the Economic Mobility Pathways Pilot (EMPP). This option can help you immigrate through existing programs. However, before applying for the EMPP, you will need to apply through the AAIP. 

The AAIP includes eight immigration streams. These include:

• Alberta Opportunity Stream for skilled workers.
• Alberta Express Entry Stream for candidates with Express Entry profiles.
• Alberta Accelerated Tech Pathway for tech workers.
• Rural Renewal Stream for candidates with job offers in a rural Alberta community.
• Alberta Farm Stream for those who want to operate a farming business.
• Graduate Entrepreneur Immigration Stream for international graduates in Alberta who want to start a business.
• Foreign Graduate Entrepreneur Stream for foreign-educated international graduates who want to start a business in Canada.
• Rural Entrepreneur Stream for candidates who want to start a business in a rural Alberta community.

An excellent option for settling down 

Calgary is a city where modern convenience, technological advancement, vibrant cultures, eclectic art and culture, and breathtaking natural beauty meet. Offering excellent schools, a robust job market, and a wide range of accommodation options, this Alberta city could be the ideal place to choose as your new home.

About the Data

The data was sourced from Polly, who created independent samples of 205,919 people living in Calgary from online platforms like X, Reddit, and TikTok. The data was collected over 12 months, ending on 12 months to 12th May 2024. All the responses were collected and analyzed to produce outcomes within a 90% confidence interval and with a 5% margin of error. The engagement estimated how many people in the location were participating. 

Demographics were determined using many features, including people’s names, locations, and self-disclosed descriptions. Privacy was preserved using k-anonymity and differential privacy. Results are based on what people describe online — questions are not posed to the people in the sample.

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