Chris Birchard REALTOR® · TREC - The Real Estate Company

Palliser real estate market

Updated August 2023 · detached homes · Pillar 9 / CREB sales records

As of August 2023, the typical detached home in Palliser sold for about $740,000 (a 3-month average). Homes there are taking around 14 days to sell at 99.0% of asking price.

Typical sold price
$740,000
Days on market
14
% of asking price
99.0%

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

As of August 2023, the typical detached home in Palliser sold for $740,000 - per CREB sales records analyzed by Chris Birchard, REALTOR®.

Who holds the cards?

Negotiating leverage for detached homes in Palliser, measured against the community’s own 5-year norm.

sale_to_list_ratio · 24mo · 3mo smoothed 2023-08
Balanced Market
Low 99%
5-yr norm 99.0% 99.0% of asking, now
(+0.0% vs norm)
High 100%
Palliser (dots = reportable months) Calgary average

Homes are currently fetching 99.0% of asking against a 99.0% 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 detached home sold price (line) against days on market (bars), last 24 months.

median_price + days_on_market · 24mo 2023-08
Typical sold price Days on market

Last 12 months at a glance

MONTH TYPICAL SOLD DAYS ON MARKET % OF ASKING
August 2023 $755,000 15 98.1%
July 2023
June 2023
May 2023 $725,000 13 100.0%
April 2023
March 2023
February 2023
January 2023
December 2022
November 2022
October 2022
September 2022

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: August 2023.

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