Calgary Townhouse Sold Price 2023 - Hot Market!

Calgary townhouses are a hot commodity in 2023! Prices are rising. The average sold price in the first 6 weeks in Calgary has risen to $391,387, as of 11 Feb/23. What is the rest of the year going to do? Calgary has very low inventory right now, so buyers are scrambling to see townhouses that are on the market. First time buyers moving into the Calgary housing market are switching from detached homes to townhouses, due to mortgage rate increases. This trend looks set in for the rest of the year.

Have any question contact Geoff, Realtor at CIR Realty, 403 608 5682. 
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