Chris Birchard REALTOR® · TREC - The Real Estate Company

Varsity real estate market

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

As of April 2026, the typical apartment in Varsity sold for about $240,000 (a 3-month average), down 15.0% year over year. Homes there are taking around 58 days to sell at 95.3% of asking price.

Typical sold price
$240,000
−15.0% YoY
Days on market
58
+5 days YoY
% of asking price
95.3%
−1.3% YoY

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

As of April 2026, the typical apartment in Varsity sold for $240,000, −15.0% year-over-year - per CREB sales records analyzed by Chris Birchard, REALTOR®.

Who holds the cards?

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

sale_to_list_ratio · 24mo · 3mo smoothed 2026-04
Buyer's Advantage
Low 91%
5-yr norm 96.9% 95.3% of asking, now
(−1.5% vs norm)
High 99%
Varsity (dots = reportable months) Calgary average

Homes are currently fetching 95.3% of asking against a 96.9% 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 Varsity is selling slower than the seasonal norm (a 3-month median of 58 days versus 44 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 $335,000 47 96.3%
March 2026 $195,000 18 97.4%
February 2026
January 2026 $185,000 108 92.2%
December 2025 $485,000 68 94.1%
November 2025
October 2025
September 2025 $235,000 33 92.7%
August 2025 $420,000 47 93.3%
July 2025 $285,000 48 97.2%
June 2025 $315,000 42 96.6%
May 2025 $305,000 14 97.2%

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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