Gerard J Chiasson & Associates Re/max RE - Mountain View

06/23/2026

Your Market Report for the past 7 days.

Market By the Numbers

Current metrics across Calgary reflect a much more stable environment compared to the market peaks of 2023:

Average Sold Price: ~$685,000

City-Wide Benchmark Price: ~$560,000 - $690,000 depending on property type and exact reporting metric

Active Inventory: Over 7,000 listings available across the city

Property Type Breakdown

Conditions vary significantly depending on the segment you are looking to buy or sell in:

Detached Homes: Conditions remain the tightest here. While the benchmark price (averaging ~$734,000 to $749,000) has seen minor year-over-year softening, it remains highly resilient.

Townhouses & Row Houses: This segment has largely shifted into balanced territory. Benchmark prices sit around $422,000 to $428,000, and units are staying on the market longer.

Apartments & Condos: This sector is heavily buyer-friendly. Increased inventory and reduced sales volume have pushed benchmark prices down to roughly $300,000 to $305,000.

Local Dynamics

First-Time Buyers: There is a notable influx of new, first-time homebuyers entering the market, aided by increased rental supply and government incentives.

New Construction: High levels of new home construction continue to add housing stock, relieving the drastic supply shortages seen in previous years

06/16/2026

PRICE IMPROVEMENT
$1,090,000

Here are a few photos to spark your interest. Give me a call to book your private showing and experience this fabulous home in person. This large 2‑storey features a fully developed walkout basement, a beautifully landscaped yard with direct access to the walking paths and environmental reserve, and 3,797 sq ft of open‑concept living with three spacious bedrooms.
Gerard at 403-703-5548

06/16/2026

Your Market Report for the past 7 days.

The Calgary real estate market currently sits in balanced territory with an average home price hovering around $677,795 to $687,813. Inventory has expanded to approximately 6,500 active listings, yielding roughly 2.5 to 3 months of supply. This increased selection provides buyers with more negotiation power.

Market Breakdown

Detached Homes: Average prices range from $734,300 to $844,300. This segment remains highly competitive, with strong demand keeping conditions tight.

Semi-Detached (Duplexes): Benchmark prices average between $658,300 and $674,600. These serve as highly sought-after middle-ground properties.

Row/Townhouses: Prices generally average $453,300. This segment has seen inventory build up, offering a more balanced playing field between buyers and sellers.

Apartments/Condos: Average prices range from $300,000 to $325,000. Condos represent the softest segment of the market, featuring elevated supply that leans more favorably toward buyers.

Questions - give me a call or shoot me a text - 403-703-5548

06/14/2026

OPEN HOUSE - TODAY
Sunday, June14
2:00 to 4:30 pm
$1,135,000
Fully developed 2 storey walk-out home
3707 sq ft of living space
Backs directly onto the Valley Ridge pathway system
3 bedrooms
Main Floor office and laundry

I hope to see you later this afternoon!!

Gerard - 403-703-5548
www.gerardchiasson.com

06/10/2026

06/09/2026

10983 Valley Springs Road NW
SOLD - 8 days!!

My sincere thanks to the sellers for everything you did to get this home ready. Your family worked as a team, and it made all the difference. I’m grateful for your trust and the opportunity to represent you.

If buying or selling is on your mind, call me. Together, we’ll get it done smoothly and successfully.
Gerard at 403-703-5548

06/09/2026

NEW LISTING IN VALLEY RIDGE
158 Valley Glen Heights NW
$1,135,000.00

Almost 4000 sq ft of developed living space.
Walk out lower level
High ceilings
Large windows
Main Floor Office
3 Bedrooms upper level
Backs onto the walking paths and environmental reserve with access from the backyard

Check out the 3D Tour https://youriguide.com/158_valley_glen_heights_nw_calgary_ab/

Call to schedule a viewing today!

Gerard at 403-703-5548

06/08/2026

Your Market Report for the past 7 days

Current Market Statistics

Average Home Price: $682,872
Active Listings: Over 6,400 properties currently available
Months of Inventory: Increased over previous years, reaching 3 to 4.5 months depending on the property type
Days on Market: Townhouses and apartments are spending roughly 30 to 35 days on the market, allowing buyers more time for due diligence.

Property Type Trends

Detached Homes: These represent the most stable segment, with benchmark prices generally holding their ground or seeing very modest deceleration compared to other tiers.
Townhouses/Row Houses: Inventory has surged (up over 40% in recent periods), shifting dynamics slightly in favor of buyers.
Apartments/Condos: This segment has seen the most significant shift, with larger year-over-year price adjustments and extended time on market, making it an advantageous market for condo buyers.

Give me a call if you are thinking of selling or buying.
Gerard at 403-703-5548

06/07/2026

Apartment prices ease as inventory remains elevated

Calgary, Alberta, June 1, 2026 – In line with seasonal trends, inventory has risen from the start of the year, reaching 6,752 units in May. While these levels are consistent with last May, they remain 11 per cent higher than longer-term trends for the month, thanks to higher supply levels of apartment and row-style homes. Meanwhile, inventory levels for detached homes are down three per cent compared with both last year and long-term trends.

At the same time, sales activity has been slowing. Calgary sales in May were 2,162 units, 16 per cent lower than last year’s levels and similar to sales reported in April. While new listings also slowed by 13 per cent compared with last year, it was not enough to offset the pullback in sales, causing the sales-to-new-listings ratio to ease to 51 per cent. The lower ratio also contributed to some of the inventory build, causing the months of supply to rise. However, conditions do vary across the market, with a range of two-and-a-half months of supply in the detached market to more than five months of supply in the apartment condominium market.

“The shift in supply is being felt in the market. More supply choice in the new and rental markets has created a more competitive environment for potential buyers. At the same time, concerns over rising cost of living and slower migration are also weighing on consumers,” said Ann-Marie Lurie, Chief Economist at the Calgary Real Estate Board (CREB®). “While this has caused the overall resale market to shift to a balanced state, the supply pressure is having a more prevalent impact for apartment-style units, where conditions are favouring the buyer. This is also impacting price movements, with apartment prices continuing to trend down and other property types reporting a seasonal lift over the winter months.”

The unadjusted total residential benchmark price in May was $570,500, up over April’s levels and the $554,400 reported in January, but still three per cent lower than last May. Most of the unadjusted monthly gain was driven by detached homes, which rose from $724,000 in January to $747,800 in May. Apartment prices remain lower than January levels and are nine per cent lower than levels reported last May. Overall, when adjusting for seasonality, total residential prices have remained relatively stable, as detached improvements have offset pullbacks for apartment-style homes.

TO SEE THE FULL REPORT, GO TO:
https://www.creb.com/Housing_Statistics/documents/05_2026_Calgary_Monthly_Stats_Package.pdf

06/04/2026

If my clients are buying in Hanna, Alberta — then Hanna is where I go.
That’s the level of service I deliver.

Give me a call - 403-703-5548