Find out what your current home is worth in today's market.
The Luxury Real Estate Market has experienced significant growth, positioning the city as a leader in Canada's luxury housing sector. Key highlights include:
Substantial Sales Growth: In 2024, Calgary's luxury residential real estate sales increased by 42%, with 2,044 homes sold for over $1 million.
Price Appreciation: The average price of luxury homes has seen notable appreciation, with areas like Upper Mount Royal featuring properties averaging just above $3 million.
High Demand in Prestigious Neighbourhoods: Neighbourhoods such as Upper Mount Royal have seen significant demand, with properties ranging from $5 million to nearly $9 million, reflecting the area's status as a cornerstone of Calgary's luxury market.
Population Growth Driving Demand: Calgary's rapid population growth, fuelled by migration from other provinces, has increased demand for luxury properties, particularly in sought-after neighbourhoods like Elbow Park, Mount Royal, and Aspen Woods.
Market Leadership: Calgary has outpaced other major Canadian cities in luxury real estate growth, with a 15% year-over-year increase in sales of homes priced over $1 million between July and August 2024.
Calgary's emergence as a dominant force in Canada's luxury real estate market, driven by strong demand, rising prices, and significant year-over-year growth.
The benefits of working with the Institute
Recognised as the mark of accomplishment in luxury markets around the world, the Certified Luxury Home Marketing Specialist™ (CLHMS) designation assures affluent buyers and sellers that the agents who have earned it have the knowledge, experience, competence, and confidence they require.
The CLHMS™ designation is earned by Institute Members with documented sales performance in the top 10% of their market.
Exclusive access to market insights, combined with cutting edge tools and strategies, make Institute Members your best choice for buying and selling Luxury Properties.
For Expert Guidance in navigating the Calgary Residential Real Estate Market, reach out to Stewart J. Lowe, an award-winning Realtor with over 23 years of experience. Recognised in 2010 as a Certified Guild Member of The Institute for Luxury Home Marketing, Stewart has a proven track record in high-end real estate sales and exceptional client service. He is known for his friendly, warm, and professional approach. Why not request a no-obligation Marketing Consultation
GLOBAL & LOCAL MARKETING REACH
Altadore | Aspen Woods | Auburn Bay | Bearspaw | Brentwood | Britannia
Bridgeland | Canyon Meadows | Capitol Hill | Charleswood | Cranston
Rural De Winton | Discovery Ridge | Eau Claire | Edgemont | Evanston
Elbow Park | Elbow Valley Estates | Elboya | Glenbrook | Glendale
Hamptons | Harmony | Heritage Pointe | Hillhurst | Inglewood | Killarney
Legacy | Mayfair | Mahogany | Maple Ridge | Mount Royal | Rideau Park | Royal Oak
Sage Hill | Scenic Acres | Sherwood | Signal Hill | Silverado | Springbank
Springbank Hill | Sterling Springs | Strathcona Park | Tuscany Estates
Varsity Estates | Watermark At Bearspaw | West Springs | Westside
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.