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.   

“Improved rental supply and easing rents have slowed ownership demand for apartment- and row-style homes. It is also these segments of the market that have seen October inventories reach a record high for the month,” said Ann-Marie Lurie, CREB®’s Chief Economist. “Excess supply for apartment- and row-style properties is weighing on prices in those segments more so than any other property type, influencing total residential prices.” 

As of October, the total unadjusted residential benchmark price in Calgary was $568,000, down nearly one per cent compared to last month and over four per cent lower than last year’s levels. The largest price adjustments occurred for row- and apartment-style properties where prices have eased by a respective six and seven per cent compared to last October. 

🎉 Thank you Century 21 for the outstanding achievement award and acknowledgement that hard work pays off. 🙏 🎉 I am grateful for the confidence and trust of my clients and really appreciate how lucky I am do have such a great career.

🥳 Huge Congratulations to both my seller and my buyer on this spectacular 20 Acres on Springbank’s Escarpment Ridge!

🤩 Sweeping Mountain Views

📍 237 Escarpment Drive offered at $5,900,000

🌲Treed and very private 20 Acres 

Room to breathe, every once in a while, an extremely RARE 20-Acre Ridge top legacy estate with SWEEPING Rocky Mountain Views comes available. Experience an unparalleled blend of natural beauty, privacy, and potential with this exceptional 20-acre property perched high on the ridge along prestigious Escarpment Drive in Lower Springbank. Offering uninterrupted, PANORAMIC views of the majestic Rocky Mountains, from this one owner occupied property. This timeless ARCHITECTURAL masterpiece, spans over 6,600 sq. ft. and is surrounded by mature trees, a tranquil pond and seasonable stream, and thoughtfully designed outdoor living spaces—each perfectly positioned to capture the awe-inspiring views while maintaining complete seclusion. Inside, the vaulted foyer opens to a stunning great room with floor-to-ceiling windows framing the Rockies. Warm terracotta tile and light oak hardwood flow through the main level. The spacious formal dining room, with its elegant tray ceiling, while the SUNLIT updated kitchen features premium appliances, granite counters, a spacious dining area with full-height windows, and a generous butler’s pantry for effortless entertaining. Outstanding owner’s retreat offers a serene escape with a mountain-facing primary bedroom, luxurious 5-piece ensuite, walk-in closet, and an adjoining office or sitting room with a gas fireplace and expansive windows. The WALKOUT lower level is designed for comfort and hospitality, featuring three large bedrooms (one with ensuite), a 4-piece bath with steam shower and sauna, and a cozy family room with a fireplace built from rocks gathered on the property. French doors lead to a west-facing patio, the perfect spot to watch the sun set behind the mountains. The upper level offers even more flexibility: a lofted family room with a Spanish-style wood-burning fireplace, a bright skylit den, a hobby room, a 3-piece bath, and a full billiards room with an authentic snooker table. This property is TREED, and the private acreage is boundary fenced and brimming with potential and ripe for future development, equestrian pursuits, or simply preserving as untouched natural space. This ideal location is just 5 minutes to Calgary’s west side amenities and Stoney Trail, close to downtown, and Rocky Mountains, IRRECPLACEABLE location combines convenience with seclusion. Whether you’re a visionary looking for a once-in-a-lifetime investment or a discerning buyer seeking an extraordinary private estate, this property offers tons possibilities. This is more than a home—it’s a rare OPPORTUNITY to own a piece of Alberta’s most breathtaking landscapes and mountain views.

🏡 OPEN HOUSE Saturday October 18 1-3pm

📍 #2417, 2117 81 Street SW

💰 $559,000

🛏️ 2 Bedrooms     🛁 2 Bathrooms

#️⃣ MLS A2264631

🔥 Live in style at the Whitney in Springbank Hill near Aspen Landing

Welcome to The Whitney in Springbank Hill! This brand-new, top-floor corner condo offers the perfect blend of modern design, functionality, and convenience, just steps from Aspen Landing’s 50+ shops and services, close to the C-Train and transit, and minutes from 17th Ave SW and downtown. The Madison floor plan features two spacious bedrooms, each with an ensuite, and a bright open concept living area that flows seamlessly to a covered balcony with glass railings, providing park views. The chef-inspired kitchen boasts Samsung stainless-steel appliances, a quartz island with eating bar, and soft-close cabinetry, while practical features include air conditioning, in-floor heating, in-suite washer/dryer, indoor parking (#29) with extra storage, and a private locker (#18), Extensive fire suppression system located throughout the building including the balconies, closets and attic area with Premium sound attenuation assemblies.  With 946 sq. ft. (architectural) /871 sq. ft. (RMS), this home combines style, comfort, and convenience, with walking paths, shops, and restaurants just steps away, offering the ideal mix of city living and natural beauty. 

🏡 OPEN HOUSE Saturday October 18 1-3pm

📍 #2417, 2117 81 Street SW

💰 $559,000

🛏️ 2 Bedrooms     🛁 2 Bathrooms

🔥 Live in style at the Whitney in Springbank Hill near Aspen Landing

Welcome to The Whitney in Springbank Hill! This brand-new, top-floor corner condo offers the perfect blend of modern design, functionality, and convenience, just steps from Aspen Landing’s 50+ shops and services, close to the C-Train and transit, and minutes from 17th Ave SW and downtown. The Madison floor plan features two spacious bedrooms, each with an ensuite, and a bright open concept living area that flows seamlessly to a covered balcony with glass railings, providing park views. The chef-inspired kitchen boasts Samsung stainless-steel appliances, a quartz island with eating bar, and soft-close cabinetry, while practical features include air conditioning, in-floor heating, in-suite washer/dryer, indoor parking (#29) with extra storage, and a private locker (#18), Extensive fire suppression system located throughout the building including the balconies, closets and attic area with Premium sound attenuation assemblies.  With 946 sq. ft. (architectural) /871 sq. ft. (RMS), this home combines style, comfort, and convenience, with walking paths, shops, and restaurants just steps away, offering the ideal mix of city living and natural beauty.

📍 237 Escarpment Drive offered at $5,900,000

🏡 Over 6600 sq ft on all levels

🌲 Treed and very private

⛰️ Sweeping Mountain Views

Room to breathe, every once in a while, an extremely RARE 20-Acre Ridge top legacy estate with SWEEPING Rocky Mountain Views comes available. Experience an unparalleled blend of natural beauty, privacy, and potential with this exceptional 20-acre property perched high on the ridge along prestigious Escarpment Drive in Lower Springbank. Offering uninterrupted, PANORAMIC views of the majestic Rocky Mountains, from this one owner occupied property. This timeless ARCHITECTURAL masterpiece, spans over 6,600 sq. ft. and is surrounded by mature trees, a tranquil pond and seasonable stream, and thoughtfully designed outdoor living spaces—each perfectly positioned to capture the awe-inspiring views while maintaining complete seclusion. Inside, the vaulted foyer opens to a stunning great room with floor-to-ceiling windows framing the Rockies. Warm terracotta tile and light oak hardwood flow through the main level. The spacious formal dining room, with its elegant tray ceiling, while the SUNLIT updated kitchen features premium appliances, granite counters, a spacious dining area with full-height windows, and a generous butler’s pantry for effortless entertaining. Outstanding owner’s retreat offers a serene escape with a mountain-facing primary bedroom, luxurious 5-piece ensuite, walk-in closet, and an adjoining office or sitting room with a gas fireplace and expansive windows. The WALKOUT lower level is designed for comfort and hospitality, featuring three large bedrooms (one with ensuite), a 4-piece bath with steam shower and sauna, and a cozy family room with a fireplace built from rocks gathered on the property. French doors lead to a west-facing patio, the perfect spot to watch the sun set behind the mountains. The upper level offers even more flexibility: a lofted family room with a Spanish-style wood-burning fireplace, a bright skylit den, a hobby room, a 3-piece bath, and a full billiards room with an authentic snooker table. This property is TREED, and the private acreage is boundary fenced and brimming with potential and ripe for future development, equestrian pursuits, or simply preserving as untouched natural space. This ideal location is just 5 minutes to Calgary’s west side amenities and Stoney Trail, close to downtown, and Rocky Mountains, IRRECPLACEABLE location combines convenience with seclusion. It’s also close to some of Canada’s top-ranked public and private schools, making it an ideal choice for families seeking a premier lifestyle. Whether you’re a visionary looking for a once-in-a-lifetime investment or a discerning buyer seeking an extraordinary private estate, this property offers tons possibilities. This is more than a home—it’s a rare OPPORTUNITY to own a piece of Alberta’s most breathtaking landscapes and mountain views.