McKenzie Towne was the destination of choice for Calgary home buyers in the first six months of the year with a total of 250 sales. Rounding out the top three communities were Cranston with 212 sales and Panorama Hills right behind with 211.
Inventory was the highest in Auburn Bay (96), followed by Connaught (93), McKenzie Towne (93), Cranston (92) and Altadore/River Park (89).
Benchmark prices increased the most in Calgary’s Zone B, predominantly made up of the NE quadrant. Year-over-year in June, the benchmark price for that zone was up 6%. This fits with the narrative that entry-level priced homes were still in a seller’s market as Zone B’s overall benchmark price was the lowest at $365,200.
Zone A, made up of mostly NW Calgary, had its benchmark price dip -1% to $480,400.
Calgary’s highest benchmark price was $484,400 in Zone C, which is mostly the southwest. Overall prices in that area decreased -2% y/y in June.
And finally, prices in Zone D (mostly SE Calgary) were flat at $451,500.
You can download the community statistics for June & YTD June here