Okotoks Housing Market Statistics
Searching for Okotoks housing market statistics in Okotoks on February 4, 5:26am? Trusted Okotoks Neighbourhood Experts community of Top Okotoks real estate agents provide comprehensive housing market reports, trends, prices and sales data. Our monthly analytics insights into the Okotoks housing market, including supply and demand, housing prices, and affordability.
We analyze Okotoks housing market statistics every 10 minutes, trends, declines, days on market and house values to give you a clear understanding of housing availability, prices, past sales, and relevant market data in Okotoks.
Frequently Asked Questions
As of January February 4, 5:26am the Okotoks Real Estate reports:
- Active properties for sale
- Highest priced property
- Lowest priced property
- Average price
Yes, Okotoks remains a strong sellers market with:
- Inventory: 1.5 months supply (balanced markets need 4-6)
- Sales-to-list ratio: 75% (above 60% indicates seller's market)
- Price reductions: Only 18% of listings reduce price
According to CREB's 2025 Q2 report, top areas by demand:
| Area | Price Range | Days on Market |
|---|---|---|
| Evanston (NW) | $500k-$700k | 9 |
| Auburn Bay (SE) | $600k-$900k | 11 |
| Bridgeland (Inner City) | $400k-$1.2M | 14 |
Despite Bank of Canada's 5% policy rate (September 2025):
- Calgary sales volume remains 12% above 5-year average
- 55% of buyers are opting for adjustable-rate mortgages
- New stress test rules allow 1% lower qualifying rate for insured mortgages
Alberta Programs:
- First Home Savings Account (FHSA): $8,000/year contribution limit
- Alberta Home Buyer Program: 5% shared equity (max $50,000)
- City of Calgary Rebates: Up to $5,000 for energy-efficient homes
- Reduced Transfer Tax: $0 on first $450,000 for homes under $600k
Market indicators suggest:
- Price forecast: CREB predicts 6-8% appreciation through 2025
- Rent vs Buy: Average mortgage payments now 15% cheaper than equivalent rents
- Construction: Only 2,800 new units expected in 2025 Okotoks area (demand for 5,000+)
Most analysts recommend buying if you plan to hold for 5+ years.
Beyond purchase price, budget for:
| Cost | Typical Range |
|---|---|
| Property Transfer Tax | $200-$5,000 |
| Home Inspection | $400-$700 |
| Legal Fees | $1,000-$2,500 |
| Property Tax Adjustment | 0.5-1.5% of home value |
Okotoks Housing Market Trends
The Okotoks housing market trends are influenced by economic conditions, interest rates, demographic shifts, and supply/demand dynamics. Recent years have seen low interest rates fueling demand and creating a seller's market with rising prices and limited inventory. The COVID-19 pandemic also shifted housing preferences toward larger homes and suburban/rural areas. These trends continue to evolve, making it important to monitor economic indicators and local market factors.
Okotoks Pre-Construction
Okotoks pre-construction developments such as condo, townhomes and detached homes available or coming soon in Okotoks Okotoks, Alberta. The prices for these developments range widely and the unit sizes also vary. Some developments have not yet released pricing details or begun accepting registrations. It is important to note that the completion dates, pricing, and deposit structure for these developments may be subject to change.
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June 12 2025
Cimarron Estates Okotoks Real Estate Market Report Discover the latest insights into the Cimarron Estates real estate market with HonestDoor's detailed report. Whether you're buying, selling, or...
Read More- Schools: 0/5
- Transit: 0/5
- Market: 0/5
- Safety: 0/5
- Family Friendly: 0/5
- Affordability: 0/5
August 2 2024
Okotoks A pullback in sales relative to new listings helped support gains in higher inventory levels in Okotoks. While inventory levels are 25 per cent higher than last year, the 85 units still...
Read More- Schools: 5/5
- Transit: 5/5
- Market: 5/5
- Safety: 5/5
- Family Friendly: 5/5
- Affordability: 5/5
July 3 2024
Sales in June slowed compared to last year, mostly due to a pullback in the detached sector. Sales activity has been somewhat restricted due to the limited supply options. As of June, there were 81...
Read More- Schools: 5/5
- Transit: 5/5
- Market: 5/5
- Safety: 5/5
- Family Friendly: 5/5
- Affordability: 5/5
April 1 2024
Okotoks continues to struggle with supply as the 71 new listings that came on the market this month were met with 65 sales, preventing any improvement in inventory levels. There were only 54 units...
Read More- Schools: 5/5
- Transit: 5/5
- Market: 5/5
- Safety: 4/5
- Family Friendly: 5/5
- Affordability: 5/5
July 4 2023
Okotoks With 87 sales and 84 new listings, the sales to new listings ratio once again pushed above 100 per cent. This caused further inventory declines, and the months of supply dropped to 0.7...
Read More- Schools: 5/5
- Transit: 4/5
- Market: 4/5
- Safety: 4/5
- Family Friendly: 5/5
- Affordability: 4/5
March 2 2023
Okotoks real estate While both sales and new listings have slowed compared to last year, conditions remained exceptionally tight with a sales-to-new listings ratio of 90 per cent. Inventory levels...
Read More- Schools: 4/5
- Transit: 4/5
- Market: 5/5
- Safety: 5/5
- Family Friendly: 5/5
- Affordability: 5/5
January 8 2023
Okotoks Sales activity eased in December, but the year-over-year pullback over the past few months has not offset the gains reported earlier in the year, as year-to-date sales activity rose by...
Read More- Schools: 3/5
- Transit: 3/5
- Market: 4/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 3/5
October 14 2022
Supply levels continue to be a challenge in Okotoks. While new listings have improved over last year, sales have generally kept pace as the sales-to-new-listings ratio remained elevated at 81 per...
Read More- Schools: 4/5
- Transit: 3/5
- Market: 4/5
- Safety: 4/5
- Family Friendly: 3/5
- Affordability: 3/5
June 1 2022
Okotoks Housing Market Statistics Sales remained relatively strong this month, contributing to a year-to-date gain of nearly 17 per cent. This growth was possible as new listings did improve this...
Read More- Schools: 4/5
- Transit: 4/5
- Market: 4/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
May 3 2022
Okotoks Housing Market Statistics The boost in new listings last month did not continue this month, as April sales exceeded the number of new listings coming onto the market. This caused further...
Read More- Schools: 4/5
- Transit: 3/5
- Market: 4/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 3/5
April 16 2022
Okotoks Like Airdrie and Calgary, sales in Okotoks reached a new all-time record high this March. Improving sales were possible thanks to a gain in new listings. The increase in new listings this...
Read More- Schools: 4/5
- Transit: 3/5
- Market: 5/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 3/5
March 1 2022
Like other markets, gains in new listings helped support record levels of sales for February. However, the gains in new listings were not enough to support any substantial change in the low...
Read More- Schools: 4/5
- Transit: 3/5
- Market: 4/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
February 2 2022
Calgary Housing Market: What Might We Expect This Year? Considered a market to watch in 2022, the city of Calgary has largely benefited from an influx of prospective out-of-province buyers over...
Read More- Schools: 5/5
- Transit: 5/5
- Market: 5/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 5/5
February 2 2022
Okotoks Sales activity remained relatively strong in Okotoks, despite persistently low inventory levels. In January, there were 38 units in inventory, the lowest levels ever seen for the month and...
Read More- Schools: 5/5
- Transit: 4/5
- Market: 5/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
January 6 2022
Okotoks Real Estate Statistics Despite persistent challenges with supply levels, sales in Okotoks reached record levels in 2021. However, the strong sales weighed on inventory levels, which on...
Read More- Schools: 4/5
- Transit: 3/5
- Market: 4/5
- Safety: 3/5
- Family Friendly: 4/5
- Affordability: 3/5
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