10/17/2026
Calgary Homebuyers Enjoy Big Savings as Prices Drop
In the current Calgary market, 85% of homes are selling below the asking price, with buyers seeing an average discount of 2.29%. Cheaper homes and condos are experiencing even bigger price reductions, while properties priced at a million dollars or more are still commanding offers above their list price. Although overall sales have dropped by 16%, there’s been an increase in luxury home transactions. Having marketed homes throughout Calgary and the surrounding areas, I keep a close eye on these shifts to help clients navigate changing trends—whether you’re searching for value opportunities or looking to list at the right moment.