Find out what your current home is worth in today's market.
Located in Downtown Calgary and the adjoining communities. It is all about lifestyle and Half Duplex Homes are becoming more and more popular with buyers. Great access to work in the Downtown core and the all important Calgary Transit.
Family friendly residential neighbourhoods make Calgary's inner city a must for people of a younger demographic with maybe two incomes and a need to access everything really easy. These amenities are added to with jogging and cycle paths, great open parks, schools, wonderful shopping areas, and Downtown Restaurants all close at hand.
Here's a friendly snapshot of recent trends, historical insights, and future projections:
Current Market Highlights (February 2025):
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 one of our no-obligation Market Consultations.
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 no-obligation Marketing Consultations
GLOBAL & LOCAL REACH
Luxury homes are high-end residential properties that offer superior quality, design, and amenities. These homes typically feature spacious layouts, premium building materials, state-of-the-art ...
Row As with other property types, year-over-year sales fell by over nine per cent while new listings increased by almost four per cent. Despite the sales decline, both sales and new ...
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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, ...
1. Home Price Growth Projected Increase: The average Calgary home price is expected to rise by approximately 4.5% this year, driven by growing buyer confidence and easing interest rates. ...
Find out what your current home is worth in today's market.