Chris Birchard REALTOR® · TREC - The Real Estate Company

Downtown Commercial Core real estate market

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

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. Homes there are taking around 65 days to sell at 96.7% of asking price.

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 month-to-month noise · not an appraisal

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

Who holds the cards?

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

sale_to_list_ratio · 24mo · 3mo smoothed 2026-04
Balanced Market
Low 90%
5-yr norm 96.4% 96.7% of asking, now
(+0.3% vs norm)
High 100%
Downtown Commercial Core (dots = reportable months) Calgary average

Homes are currently fetching 96.7% of asking against a 96.4% 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 2026-04
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 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). 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
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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