Section 23 Real Estate Statistics

Section 23 Housing Market Information

Search Section 23 housing market information, market trends, information in Section 23. Compare new community demographics general estimate of statistics including details on household incomes, age, marital status and population living in private households.

As of September 19, 5:06am Section 23 real estate housing market shows active and dynamic conditions.
• List of Active Listings: homes for sale in Section 23.
• Real estate market trends of real estate for sale in Section 23
• Compare Section 23 housing market trends

Frequently Asked Questions

Here are some frequently asked questions about the real estate & housing market statistics in Section 23 neighbourhood. Below you will find frequently asked questions about the community.

• What are the current housing market statistics in Section 23?
  The Section 23 real estate market is currently rebalancing from a seller's market to a more balanced one, with increased inventory and slower sales leading to more negotiation opportunities for buyers, though prices remain significantly above pre-pandemic levels. Benchmark prices have softened year-over-year for most property types, especially apartments, while the market varies by price point and neighborhood, with some areas remaining strong and others moving more slowly.
• What is the Section 23 Market Report Summary?
  Average sold prices in Section 23 dropped by 3% month-over-month but are still up by 7% year-over-year. Inventory continued to increase for all property types, giving buyers more choice than at any point in the last several years.
• What is the benchmark home price in Section 23?
  The benchmark home price in Section 23 continues to trend upward, but the monthly gain has slowed to less than one per cent, reflecting the shift toward more balanced market conditions in Calgary.
• How many days on market are homes in Section 23 averaging?
  Average days on market in Section 23 has lengthened compared to the peak seller's-market period, consistent with rising inventory across Calgary. Well-priced, well-presented homes are still selling quickly, while overpriced listings are sitting longer.
• Is now a good time to buy or sell in Section 23?
  Buyers in Section 23 currently have more selection and negotiating room than in recent years, while sellers who price intentionally are still achieving strong values. Because the market varies by price point and property type, speak with a local REALTOR® for advice specific to your situation.
• Do I really need a REALTOR® when buying a home in Section 23?
  Yes. When buying a home in Section 23, it's strongly recommended you have a Section 23 REALTOR®. There are many benefits why you should have a screened Section 23 real estate agent represent your best interests when buying a home.

Section 23 House Prices By Price Range