Chris Birchard REALTOR® · TREC — The Real Estate Company

Calgary · Community market insight

Elbow Park real estate market

As of May 2026, the typical detached home in Elbow Park sold for about $2,560,000 (a 3-month average), up 30.1% year over year.

Typical sold price
$2,560,000
+30.1% YoY
Days on market
17
-20 days YoY
% of asking price
98.5%
+1.5% YoY

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

As of May 2026, the typical detached home in Elbow Park sold for $2,560,000, +30.1% year-over-year — per 15 years of CREB sales records analyzed by Chris Birchard, REALTOR®.

Who holds the cards?

Current negotiating leverage for detached homes in Elbow Park, measured against the community's own 5-year norm.

Balanced Market
Low 89%
5-yr norm (97.2%) Current 98.5%
(+1.3% vs norm)
High 99%

Elbow Park Calgary average

Pricing & liquidity

Median detached home price (3-month average) plotted against days on market in Elbow Park.

The grey bars are how long homes take to sell; generally, when they shrink, the price line rises. Right now Elbow Park is selling faster than the seasonal norm (a 3-month median of 17 days versus 42 days historically for this time of year). High liquidity and low supply put upward pressure on prices.

Last 12 months at a glance

Month Typical sold price Days on market % of asking
May 2026 $3,050,000 5 101.7%
April 2026
March 2026
February 2026 $2,250,000 7 100.0%
January 2026
December 2025
November 2025
October 2025 $2,385,000 39 93.7%
September 2025
August 2025
July 2025
June 2025

Single-month medians for detached homes, not smoothed; — means too few sales to report.

Data via Pillar 9 / CREB, aggregated by Chris Birchard, REALTOR®. Figures are medians for detached homes 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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