Chris Birchard REALTOR® · TREC — The Real Estate Company

Calgary · Community market insight

Downtown Commercial Core real estate market

As of April 2026, the typical apartment in Downtown Commercial Core sold for about $375,000 (a 3-month average), up 22.0% year over year.

Typical sold price
$375,000
+22.0% YoY
Days on market
65
+16 days YoY
% of asking price
96.7%
-1.2% YoY

3-month averages, smoothed to filter out month-to-month noise.

As of April 2026, the typical apartment in Downtown Commercial Core sold for $375,000, +22.0% year-over-year — per 15 years of CREB sales records analyzed by Chris Birchard, REALTOR®.

Who holds the cards?

Current negotiating leverage for apartments in Downtown Commercial Core, measured against the community's own 5-year norm.

Balanced Market
Low 90%
5-yr norm (96.4%) Current 96.7%
(+0.3% vs norm)
High 100%

Downtown Commercial Core Calgary average

Pricing & liquidity

Median apartment price (3-month average) plotted against days on market in Downtown Commercial Core.

The grey bars are how long homes take to sell; generally, when they shrink, the price line rises. Right now Downtown Commercial Core is selling slower than the seasonal norm (a 3-month median of 65 days versus 53 days historically for this time of year). When homes take this long to sell, inventory builds and prices tend to cool or plateau.

Last 12 months at a glance

Month Typical sold price Days on market % of asking
April 2026 $355,000 27 96.4%
March 2026 $365,000 69 97.3%
February 2026 $400,000 100 96.6%
January 2026 $345,000 141 95.5%
December 2025 $330,000 28 98.2%
November 2025 $370,000 112 95.1%
October 2025 $280,000 53 97.1%
September 2025 $320,000 80 92.2%
August 2025 $295,000 44 94.1%
July 2025
June 2025 $340,000 42 96.6%
May 2025 $435,000 36 95.8%

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: April 2026.

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