Home inventory spikes in these three areas near Calgary

by Peter Eki

🏑 Thinking of Leaving the City? These 3 Calgary-Area Markets Are Heating Up πŸ”₯

Have you been daydreaming about trading in the downtown hustle for more space, quieter streets, and maybe even a backyard with actual grass? Well, now might be your moment — because home inventory is climbing in a few key communities just outside of Calgary.

According to the latest stats from the Calgary Real Estate Board (CREB), inventory levels are on the rise in and around the city. And while some places are seeing slower sales, others are catching buyers' attention, pushing prices up and giving new life to smaller towns.

Here’s a quick look at what’s happening in three hot zones around Calgary:

πŸ“ Airdrie: A Buyer’s Market Is Brewing

Just north of Calgary, Airdrie is seeing a big shift.

  • 🏠 Sales dropped to 164 units in June

  • πŸ†• New listings jumped to 324

  • πŸ“¦ Inventory shot up by 122.3% compared to last year

  • πŸ“‰ Benchmark price: $538,300 — down 3% year-over-year

Translation? There are more homes sitting on the market, especially detached ones, and prices are softening slightly. This is the most inventory Airdrie’s seen since 2020, making it a solid spot for buyers to explore.

πŸ“ Cochrane: Balanced & Still Climbing

Head west, and Cochrane is telling a different story.

  • 🏑 Detached & semi-detached sales are up

  • πŸ“Š Overall inventory is 103.4% higher than last year

  • πŸ’° Benchmark price: $593,700 — up 4% from June 2024

Even with a mix of ups and downs across property types, Cochrane’s market is feeling more balanced than before. Prices are still rising, but not as sharply — which is great news if you’re trying to buy before things heat up again.

πŸ“ Okotoks: Steady & In Demand

To the south, Okotoks is moving at its own pace.

  • πŸ“‰ Sales and listings are both down

  • 🏘️ Inventory is up 56.1% from last year

  • πŸ’΅ Benchmark price: $632,800 — nearly 3% higher than last June

While supply is tight (less than 2 months’ worth), the increased inventory is helping to keep prices in check. It's still one of the most desirable communities around Calgary, so buyers need to move quick — but it’s far from the frenzy we’ve seen in the past.

🧠 Final Thoughts

If you're looking for more choice and a little breathing room, these surrounding markets are worth a serious look. Whether you want more space for less cash, or you're just over city traffic, Airdrie, Cochrane, and Okotoks each offer something unique — and with inventory rising, the timing might just be in your favor.

πŸ‘€ Ready to explore homes in any of these areas? Let’s chat — I’ve got boots on the ground and real-time market updates to help you move smart.

 
Author:
Peter Eki
Calgary Realtor
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