Coldwell Banker Mountain Central - Joe Oulovsky

Coldwell Banker Mountain Central - Joe Oulovsky Visit this page and my website for the latest property listings

OPEN HOUSE in McKenzie Lake!  Saturday, March 21, 1-2PM14712 Mt McKenzie Drive SE Calgary, ABWelcome to this well-mainta...
03/20/2026

OPEN HOUSE in McKenzie Lake! Saturday, March 21, 1-2PM
14712 Mt McKenzie Drive SE Calgary, AB

Welcome to this well-maintained and thoughtfully designed 4-level split in the heart of McKenzie Lake, offering a unique layout and exceptional value. Step inside to a bright main floor highlighted by soaring vaulted ceilings, a spacious living room, and a functional kitchen complete with stainless steel appliances that connects easily to the dining area, making it ideal for both everyday living and hosting. From here, step out onto the large deck, perfect for summer BBQs and outdoor gatherings. Upstairs features three comfortable and versatile bedrooms, including the primary, along with a full 3-piece bathroom. The lower level adds even more flexibility with a rec room anchored by a gas fireplace, a fourth bedroom, and a 4-piece bathroom, ideal for guests, teens, or a home office. The basement offers a generous utility space with plenty of storage and future development potential. Outside, enjoy a fully fenced, private east-facing backyard complete with a deck, firepit area, and storage shed, creating a great space for relaxing or entertaining. The location truly shines for families, with a middle school directly across the street, making day-to-day routines that much easier. Parks and playgrounds are nearby, and just a 10-minute walk brings you to the Bow River pathway system for biking, walking, and enjoying the outdoors. McKenzie Lake is a welcoming, established community known for its family-friendly atmosphere and convenient access to shopping and amenities, along with easy routes for commuting. A fantastic opportunity in a sought-after community.

$547,000

A2295101

OPEN HOUSE - Sunday, March 1, 1-3PM.3835 Varsity Drive NWWelcome to this beautiful, sun-filled bungalow in the heart of ...
03/01/2026

OPEN HOUSE - Sunday, March 1, 1-3PM.
3835 Varsity Drive NW

Welcome to this beautiful, sun-filled bungalow in the heart of Varsity, offering over 1,300 sq ft above grade, and extra 1000 sq ft below, and an incredible south-facing backyard. From the moment you step inside, you’ll appreciate the warmth of the hardwood floors and the inviting living room, complete with extensive built-in shelving. Perfect for book lovers or showcasing your favorite pieces. The dining area connects easily to the spacious kitchen, where you’ll find generous cabinetry, built-in features, ample counter space, and views out to the backyard. One of the true highlights of this home is the bright sunroom/solarium. With skylights overhead and windows on all sides, it’s a cheerful retreat year-round and an absolute dream space for plant enthusiasts or anyone who enjoys a quiet morning coffee surrounded by natural light. The main floor offers three bedrooms, including a comfortable primary bedroom, along with a well-appointed 4-piece bath. Downstairs, the basement expands your living space with a large rec room anchored by a freestanding wood-burning stove, a fourth bedroom, 2-piece bath, and plenty of storage and utility space. Out back, the south-facing yard is ready to impress. Raised garden beds, mature trees, and a large deck create the perfect setting for summer evenings and weekend gatherings. Previous owners cultivated a stunning garden here, and the potential is yours to enjoy. The oversized detached double garage and back lane access add everyday convenience. Located in one of Calgary’s most established and desirable communities, Varsity is known for its mature trees, excellent schools, and easy access to amenities. You’re just a 5-minute drive to the Bow River, where walking and biking trails await. This is a wonderful opportunity to own a sunny, character-filled home in a truly exceptional neighborhood. Book your private showing today and see what life in Varsity has to offer!

$769,000
MLS ID: A2289407

02/02/2026

Detached
January saw 657 sales and 1,243 new listings, similar to last year but higher than December. Inventory rose to 1,753 units, near long-term January averages. With under three months of supply and a 53% sales-to-new-listings ratio, the market remained balanced. The benchmark price was $724,000, down slightly from December and over 3% lower year-over-year, reflecting price declines in the latter half of 2025. Price changes varied by district, ranging from under 1% lower in the West to over 6% lower in the North East. Monthly declines were mainly driven by the City Centre and North West.

Semi-Detached
There were 118 sales and 251 new listings, accounting for 10% of city activity. While both increased from December, listings rose faster, pushing the sales-to-new-listings ratio to 47%. Inventory improved, with 3.5 months of supply, keeping conditions balanced. Rising supply has brought greater price stability. The benchmark price held at $667,000, similar to December and just 1% lower than last year. Prices rose year-over-year in the North West and West but declined elsewhere.

Row
Sales fell nearly 25% year-over-year to 186 units, while new listings and inventory continued to climb, pushing supply above four months. Despite increased supply, prices held steady month-over-month but were 5% lower than last January. Stability came from gains in the City Centre and West. The largest annual price declines occurred in the North East and East, followed by the North and South East, where competition from new homes remains strong.

Apartment Condominium
Apartments continue to face significant supply pressure. New listings rose to 787 units, far exceeding the 273 sales, lowering the sales-to-new-listings ratio to 35%. Inventory reached a record 1,435 units for January, with over five months of supply. Prices declined further, with the benchmark at $301,200—down nearly 1% from December and 8% year-over-year. All districts saw declines, ranging from 13% in the North East to 6% in the City Centre.

01/04/2026

Calgary Housing Market Shifts to Balanced.

After several years of rapid price growth, 2025 became a transition year for Calgary’s housing market. More homes were built, which increased supply across all housing types. At the same time, demand slowed as fewer people moved to the city and buyers became more cautious. Together, these changes helped move the resale market away from being seller-focused and toward a more balanced market for both buyers and sellers.

11/04/2025

Pace of new listings growth slows, preventing further inventory gains

Inventory levels eased over last month thanks to the combined impact of a monthly pullback in new listings and a monthly pick up in sales.

With 6,471 units in inventory and 1,885 sales the October months of supply returned to three-and-a-half months after pushing up to four months in September. While both row- and apartment-style properties continue to report elevated supply levels compared to demand, conditions remain relatively balanced for both detached and semi-detached properties.

Year-to-date sales in the city totaled 20,082, down nearly 16 per cent compared to last year, but still in line with longer-term trends. Much of the decline in sales has been driven by pullbacks for apartment- and row-style homes.

09/02/2025

As of August, the unadjusted total residential benchmark price was $577,200, down over last month and nearly four per cent lower than levels reported last year.

08/02/2025

Thanks to gains mostly occurring in the newer communities, inventory levels in July were 6,917 units, reaching levels not seen since prior to the pandemic and higher than long-term trends. While supply has improved across all property types and all districts, the largest gains are occurring in the areas where there has been new community growth.

The additional supply has weighed on home prices in some parts of the city. The total residential benchmark price in Calgary has trended down over the past several months and is currently four per cent below last year’s peak price reported in June 2024.

“Price declines are not occurring across all property types in all locations of the city, and even where there have been declines, it has not erased all the gains made over the past several years,” said Ann-Marie Lurie, Chief Economist at CREB®. “The steepest price declines have occurred for apartment and row style homes, mostly in the North East and North districts, which coincides with significant gains in new supply.”

The rise in supply occurred as sales continued to slow and new listings improved. In July, there were 2,099 sales, a 12 per cent decline over last year, while new listings reached 3,911 units, an over eight per cent increase over last year. In addition to the persistent economic uncertainty due to tariffs, sales and new listings were impacted by no further reductions in lending rates and added competition from the new home market. Apartment-style homes are reporting the highest months of supply with over four months, while both detached and semi-detached homes are seeing conditions remain relatively balanced at just three months of supply.

07/02/2025

Inventory levels in June continued to rise ⬆️, both over last month’s and last year’s levels. By the end of the month, inventory reached 6,941 units, returning to levels reported in 2021, or prior to the surge in population growth.
While sales have remained consistent with long-term trends despite a decline from recent months, higher levels of new listings compared to sales have contributed to the inventory gain. 🏘️ All property types have reported gains in inventory, but both row and apartment style homes reported inventory levels over 30 per cent higher than long-term trends, while supply for detached and semi-detached units are only slightly higher than typical levels.

Calgary’s real estate market is starting to level out after a few years of being a strong seller’s market. Demand for de...
06/06/2025

Calgary’s real estate market is starting to level out after a few years of being a strong seller’s market. Demand for detached homes is still going strong, but things are becoming more balanced overall.

03/03/2025

March Housing Market Update

This year, I’m proud to be partnering with Pawsitive Match Rescue Foundation to help save our furry friends—one paw at a time! ❤️🐾
If you or someone you know is thinking about buying or selling a home, let’s chat! Not only will I help you find the perfect place, but together, we’ll also be supporting a great cause.
📞 Call or text me today at 587-969-7694 and let’s make a difference—both in real estate and in the lives of rescue animals!

02/20/2025

🐾 Exciting News from Realtor Joe Oulovsky! 🏡🐶🐱

This year, I’m proud to be partnering with Pawsitive Match Rescue Foundation to help save our furry friends—one paw at a time! ❤️🐾

If you or someone you know is thinking about buying or selling a home, let’s chat! Not only will I help you find the perfect place, but together, we’ll also be supporting a great cause.

📞 Call or text me today at 587-969-7694 and let’s make a difference—both in real estate and in the lives of rescue animals!

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Calgary, AB

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