Calgary Row Homes for Sale

Calgary Row Homes for Sale

View of row home in Calgary.

View Calgary row homes for sale below. Row home ownership fits the bill for buyers looking for space efficiency and affordability that are not offered in detached or semi-detached dwellings.

You should have no trouble finding the perfect home thanks to the extensive selection of row homes for sale available throughout the entire city.

Calgary Row Homes for Sale by Community

Calgary offers a range of communities that are known for their row homes. Here are a few popular ones to consider:

1. Bridgeland: Located just northeast of downtown Calgary, Bridgeland is a vibrant community known for its charming row homes. With easy access to amenities, restaurants, and parks, Bridgeland is a highly sought-after area for home buyers. See Bridgeland Row Homes.

2. Inglewood: Situated east of downtown Calgary, Inglewood is a historic community with a mix of row homes and other architectural styles. Known for its trendy shops, art galleries, and vibrant community events, Inglewood offers a unique living experience for buyers. See Inglewood Row Homes.

3. Mahogany: Located in southeast Calgary, Mahogany is a vibrant community with a lively atmosphere. It is known for its four-season lake living, centered around a 63-acre freshwater lake, the largest in the city. It features a mix of row homes, apartments, and other housing options. See Mahogany Row Homes.

Calgary Row Homes for Sale by Price Range


Calgary Row Homes for Sale by Zone

The city of Calgary is divided into 8 different zones. Use the CREB community map to identify the location of each zone.

Click the appropriate link below to see Calgary Row Homes for Sale grouped by the city zone. After the search results open up, they can be refined using the "More Filters" button.


Calgary Row Homes for Sale(ALL)



Calgary Row Home Market Trend

Below is a summary of Calgary recent real estate sales activity for Row Homes. The four graphs include the "Time to Sell", "Odds of Selling", "Buying Pattern" and "Sold Price vs Finished Square Feet Scattergram".

Row Homes - 2024-03-31

Time to Sell

Time to Sell Graph.

The "Time to Sell" graph showcases properties sold over the previous 12 months with their days on the market and sold prices.

Insights:

  • Price Range Preference: The clustering of properties forming a triangle shape with a base ranging from $250,000 to $750,000 suggests market activity concentrated within this price range. Properties priced within this range are likely moving faster and possibly receiving more offers, reflecting a significant portion of the market's demand.
  • Longer Days on Market for Boundary-Priced Properties: The vertex of the triangle at (90 days, $480,000) suggests that as the price approaches the limits of the typical market range, properties tend to stay longer on the market. The fact that the clustering forms a triangle also indicates a decrease in the number of properties sold as the days on market increase.
  • Market Velocity: With an average of 21 days on the market, the market can be considered relatively fast-moving for properties priced within the base of the triangle. This speed is indicative of a healthy demand in the market, where a significant portion of homes sell fairly quickly. The average sold price of $423,923 lies within the triangle base, further confirming this.

Odds of Selling

Odds of Selling Graph.

The "Odds of Selling" graph displays the number of listings across four categories for the previous 12-month period. The graph includes the number of properties in each category and shows the calculated Odds of Selling, Monthly Selling Rate, and Months of Inventory.

Insights:

  • High Market Activity and Seller's Advantage: An Odds of Selling at 84.92% is exceptionally high, suggesting that the majority of listings end in a sale rather than being withdrawn, expired, or remaining active without a sale. This indicates a strong market predominantly favorable to sellers, where listed properties have a very high likelihood of being sold. This environment typically leads to competitive buyer behavior, including bidding wars and offers over the asking price
  • Rapid Inventory Turnover: With only 0.56 months of inventory available, the market is experiencing rapid turnover. This metric suggests that at the current sales pace, it would take slightly more than half a month to sell through all the active inventory if no new listings were added. Such a low figure is indicative of a hot market with strong demand and limited supply, reinforcing the seller's market conditions. Buyers in this market may need to act quickly and decisively when they find a suitable property.
  • Significant Gap Between Sold and Not Sold Properties: The significant difference between the number of sold properties (4,747) compared to not sold (644) and the relatively low number of active listings (222) emphasizes the strength of the market demand. The low active inventory compared to the high sales volume accentuates the competitiveness among buyers.

Buying Pattern

Buying Pattern Graph.

The "Buying Pattern" graph, showcase the number of homes sold in each of the previous 12 months. The six months with the highest sales are highlighted in red, with the number of homes sold displayed at the top of each bar.

Insights:

  • Peak Sales Period in Spring and Summer: The data indicates a strong seasonal trend in real estate transactions, with the highest number of sales occurring from May through August, peaking in June. This pattern is consistent with the traditional peak buying season, when more buyers are active in the market, often driven by the desire to move during the warmer months and settle in before the new school year. The uptick starting in March and continuing through August suggests that buyers begin their search in early spring with transactions closing through into the summer.
  • Strategic Timing for Sellers and Buyers: For sellers, listing a property in the months leading up to this peak period (i.e., March and April) could capitalize on the increasing buyer activity, potentially leading to quicker sales and possibly higher sale prices due to greater competition among buyers. For buyers, while the increased inventory during these months offers more options, the heightened competition may require them to act quickly and be prepared for potential bidding wars. Conversely, buyers looking for less competitive conditions might consider searching during the off-peak months, though with fewer options available.

Sold Price vs Finished Square Feet Scattergram

Pricing Scattergram Graph.

The "Sold Price vs Finished Square Feet Scattergram" graph highlights properties sold over the previous 3-month period. A trend line in red indicates the fair market value. To estimate a homes value, draw a vertical line up from the square footage to where it intersects the trend line.

Insights:

  • Positive Correlation Between Size and Sold Price: The positive slope of the market trend line indicates a positive correlation between the finished square feet of a property and its sold price. This suggests that, generally, larger properties sell for higher prices. This trend is a fundamental aspect of real estate valuation, where size, among other factors, significantly influences property value.
  • Affordability Challenge in Smaller Homes: The majority of properties in the 400 - 1000 square foot range falling below the trend line indicates that smaller properties are selling for less than what would be expected based on the overall market trend. This could suggest a relative undervaluation or possibly highlight affordability challenges, where smaller, potentially more affordable homes are not appreciating at the same rate as larger homes. It may also reflect a market preference for larger homes, impacting the prices smaller homes can command.
  • Consistency in Property Pricing: The properties in the 1000 - 2000 square foot range being fairly tightly clustered around the trend line suggests consistency in pricing for mid-sized homes, indicating that market expectations and actual sold prices are well-aligned for this segment. This consistency could be beneficial for both buyers and sellers in setting and meeting price expectations.

Calgary Row Home Realtor

Finding someone who understands your wants and needs is crucial when choosing your realtor.

Would you like to walk to work? Will you need to be near a transit hub? What features are you seeking in a building? Do you require nearby parks and green spaces? Do you like to eat out and shop, and do you prefer to be near a High Street?

Additionally, having market knowledge is essential. As a residential investor in Calgary, I have 20 years of experience.

If you are thinking of buying a row home in Calgary, call me.

eXp Realty
Byron Henry
Realtor
cell: (403) 481-4831
email: byron.henry@exprealty.com
website: https://www.byronhenry.com

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