Find out what your current home is worth in today's market.
It includes Downtown Calgary and the adjoining communities. Calgary's inner-city neighbourhoods offer a vibrant blend of historic charm, modern amenities, and a strong sense of community. The amenities are added to with jogging and cycle paths, great open parks, schools, wonderful shopping areas, and restaurants all close at hand. Character homes, townhouses, condo apartments and the modern in-fills are all part of the ambience of our wonderful Inner City.
Here's an overview
Robust Price Growth: In January 2025, Calgary's average home price reached $605,026, marking a 6.3% increase from the previous year.
Luxury Market Performance: The luxury segment has outperformed larger markets, with significant growth observed in 2023 and continued momentum into 2024.
Historical Insights:
Migration Trends: Alberta experienced a notable population surge in 2023, growing by 4.3% due to both international and inter provincial migration. This influx has bolstered housing demand, especially in Calgary's upscale inner-city neighbourhoods.
Inventory Dynamics: Over the past year, Calgary has faced declining housing inventory, with a 30% year-over-year decrease. This scarcity has contributed to upward pressure on property prices.
Price Appreciation: The Calgary Real Estate Board anticipates a 6.5% price increase across all property types in 2024, with luxury detached homes expected to rise by 4%.
Zoning Changes: Proposed citywide rezoning aims to allow for diverse housing types in traditionally single-family areas. This initiative could enhance the appeal and value of inner-city luxury communities.
For Expert Guidance in navigating the Inner City real estate market, consider reaching out to Stewart J. Lowe, an award-winning realtor with over 23 years of experience. In 2010, he became a Certified Guild Member of The Institute for Luxury Home Marketing, recognised for his proven sales and exceptional client service. Stewart is known for his friendly, warm, and professional approach, ensuring a seamless real estate experience. Why not request our no obligation Market Consultation.
ALL INNER CITY HOMES | INNER CITY CONDOS | INNER CITY HALF DUPLEX
Achieving Guild Recognition
***As a Guild Member of The Institute for Luxury Home Marketing™ Team Leader & CEO Stewart J Lowe is part of an International Network of Real Estate Professionals who specialise in the Luxury Market. It makes sense for us to represent you, why not request one of our Marketing Consultations
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Members of The Institute for Luxury Home Marketing who hold the CLHMS designation (Stewart J Lowe-Calgary & Area) have successfully documented performance in the TOP 10% of their markets, ...
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Find out what your current home is worth in today's market.