Chris Birchard REALTOR® · TREC - The Real Estate Company

Red Carpet real estate market

Updated July 2025 · apartments · Pillar 9 / CREB sales records

As of July 2025, the typical apartment in Red Carpet sold for about $210,000 (a 3-month average). Homes there are taking around 36 days to sell at 96.4% of asking price.

Typical sold price
$210,000
Days on market
36
% of asking price
96.4%

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

As of July 2025, the typical apartment in Red Carpet sold for $210,000 - per CREB sales records analyzed by Chris Birchard, REALTOR®.

Who holds the cards?

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

sale_to_list_ratio · 24mo · 3mo smoothed 2025-07
Balanced Market
Low 87%
5-yr norm 98.2% 98.2% of asking, now
(+0.0% vs norm)
High 96%
Red Carpet (dots = reportable months) Calgary average

Homes are currently fetching 98.2% of asking against a 98.2% 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 2025-07
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 Red Carpet is selling at a stable, seasonal pace (a 3-month median of 36 days). Steady liquidity has usually meant stable, consistent pricing.

Last 12 months at a glance

MONTH TYPICAL SOLD DAYS ON MARKET % OF ASKING
July 2025 $265,000 30 98.2%
June 2025
May 2025
April 2025
March 2025
February 2025
January 2025
December 2024
November 2024
October 2024
September 2024
August 2024

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: July 2025.

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