Chris Birchard REALTOR® · TREC - The Real Estate Company

Chinatown real estate market

Updated May 2026 · apartments · Pillar 9 / CREB sales records

As of May 2026, the typical apartment in Chinatown sold for about $395,000 (a 3-month average). Homes there are taking around 50 days to sell at 95.0% of asking price.

Typical sold price
$395,000
Days on market
50
% of asking price
95.0%

3-month averages, smoothed to filter month-to-month noise · not an appraisal

As of May 2026, the typical apartment in Chinatown sold for $395,000 - per CREB sales records analyzed by Chris Birchard, REALTOR®.

Who holds the cards?

Negotiating leverage for apartments in Chinatown, measured against the community’s own 5-year norm.

sale_to_list_ratio · 24mo · 3mo smoothed 2026-05
Balanced Market
Low 92%
5-yr norm 96.2% 95.0% of asking, now
(−1.1% vs norm)
High 99%
Chinatown (dots = reportable months) Calgary average

Homes are currently fetching 95.0% of asking against a 96.2% five-year norm. What that leverage means for a specific home depends on its type, style, and price band - that’s the conversation I have with the actual comparables on the table.

Pricing & pace

Typical apartment sold price (line) against days on market (bars), last 24 months.

median_price + days_on_market · 24mo 2026-05
Typical sold price Days on market

The grey bars are how long homes take to sell; generally, when they shrink, the price line rises. Right now Chinatown is selling slower than the seasonal norm (a 3-month median of 50 days versus 42 days historically for this time of year). Historically, when homes take this long to sell, inventory builds and prices have tended to cool or plateau.

Last 12 months at a glance

MONTH TYPICAL SOLD DAYS ON MARKET % OF ASKING
May 2026 $540,000 34 91.8%
April 2026 $305,000 37 96.8%
March 2026
February 2026
January 2026
December 2025 $345,000 79 96.4%
November 2025
October 2025 $300,000 26 91.2%
September 2025
August 2025
July 2025
June 2025 $420,000 44 96.0%

Single-month medians for apartments, not smoothed; − means too few sales to report.

Data via Pillar 9 / CREB, aggregated by Chris Birchard, REALTOR®. Figures are medians for apartments drawn from groups of 5 or more sales - informational only, not an appraisal or a guarantee of value. Latest data: May 2026.

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