Chris Birchard REALTOR® · TREC - The Real Estate Company

University District real estate market

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

As of May 2026, the typical apartment in University District sold for about $440,000 (a 3-month average), up 3.9% year over year. Homes there are taking around 52 days to sell at 97.0% of asking price.

Typical sold price
$440,000
+3.9% YoY
Days on market
52
+23 days YoY
% of asking price
97.0%
−0.5% YoY

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

As of May 2026, the typical apartment in University District sold for $440,000, +3.9% year-over-year - per CREB sales records analyzed by Chris Birchard, REALTOR®.

Who holds the cards?

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

sale_to_list_ratio · 24mo · 3mo smoothed 2026-05
Balanced Market
Low 96%
5-yr norm 97.1% 97.0% of asking, now
(−0.1% vs norm)
High 99%
University District (dots = reportable months) Calgary average

Homes are currently fetching 97.0% of asking against a 97.1% 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 2026-05
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 University District is selling slower than the seasonal norm (a 3-month median of 52 days versus 42 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
May 2026 $350,000 53 97.4%
April 2026
March 2026 $500,000 59 96.7%
February 2026
January 2026
December 2025
November 2025
October 2025 $475,000 44 96.9%
September 2025 $390,000 40 94.2%
August 2025 $405,000 85 97.3%
July 2025
June 2025 $585,000 18 98.6%

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: May 2026.

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