Upneet Ubhi - Real Estate

Calgary’s housing market is moving in different directions depending on the property type.

🏡 Detached & Semi-Detached: Supply remains tight (under 3 months), especially for homes under $700K, keeping prices relatively supported.

🏘️ Row Homes: Market is balanced with moderate supply and steady demand.

🏢 Apartments/Condos: Rising inventory and nearly 18,000 units under construction are creating buyer-friendly conditions, putting downward pressure on prices.

📊 Key February Numbers:
• Benchmark home price: $560,500
• Detached benchmark: $734,300
• Apartment benchmark: $298,600
• Inventory: 4,822 units
• Sales: 1,526 homes

What this means:
Buyers have more negotiating power in the condo market, while detached homes—especially under $700K—remain competitive.

If you’re thinking about buying, selling, or investing in Calgary real estate, now is the time to understand where the opportunities are.

Upneet Ubhi
REALTOR®, Residential - ΓEA⅃ Broker
Cell: 587-966-9089
Email: [email protected]

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🍳 Gas range, chimney hood fan, built-in microwave & double-door fridge
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🏥 3 min to South Health Campus
🚗 2 min to Deerfoot Trail
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Comfort, convenience, and lifestyle all in one place. 📩 DM for details or to book a showing.

Upneet Ubhi
REALTOR®, Residential - ΓEA⅃ Broker
Cell: 587-966-9089
Email: [email protected]

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