Calgary's Top Agents

Jodi F.
Royal LePage Benchmark
14 Years of Experience
Jodi Flodstedt's Transactions
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Arun K.
PREP REALTY
6 Years of Experience
Arun Kaushal's Transactions
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Jinder S.
Remax Real Estate(Mountain View)
16 Years of Experience
Jinder Sidhu's Transactions
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Diana M.
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Century 21 Bamber Realty Ltd
11 Years of Experience
Diana Mcintyre's Transactions
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Zehirr (Zee) S.
ReMax Real Estate Central
34 Years of Experience
Zehirr (Zee) Saifeddine's Transactions
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Stewart L.
Real Estate Professionals Inc
19 Years of Experience
Stewart Lowe's Transactions
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Kimberly M.
eXp Realty Kimberly Mergaert
12 Years of Experience
Kimberly Mergaert's Transactions
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Ellen F.
Property Solutions Real Estate Group Inc.
17 Years of Experience
Ellen Fang's Transactions
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Jake M.
maxwell capital
2 Years of Experience
Jake Mcintyre's Transactions
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Calgary Real Estate News

Calgary's real estate market in January 2021 declined to near COVID-19 lows reached back in March 2020. The average sold price of homes in Calgary reached $423,800, barely $1K above March 2020 levels. Detached, semi-detached, and townhouses have all declined to below their previous lows with only condo apartments facing resistance in their drop downwards. Benchmark prices have remained steady, but are unlikely to continue rising given current market conditions.

Despite the decline in prices, sales have remained higher than 2020 levels with 1,208 homes sold in January 2021, a 44% increase compared to January 2020. Of these 1,208, 731 were detached homes, 141 were semi-detached, 150 were townhouses, and 186 were condo apartments.

Calgary Housing Market Overview

Data for January 2021
Avg. Sold Price:$423,800
All Property Types:$423,800
Detached:$492,900
Townhouse:$280,900
Condo Apartment:$245,100
Transactions (Buy/Sell):1,208
All Property Types:1,208
Detached:731
Townhouse:150
Condo Apartment:186

Calgary's economic outlook remains uncertain as local industry leaders postpone or cancel further expansion or development of the natural resource sector. Low support for development, including the cancellation of the Keystone XL pipeline, will likely add a headwind to price appreciation in Calgary's real estate market even with higher oil prices. However, loose monetary policy from the Bank of Canada as well as the US Federal Reserve is likely to continue the appreciation of real assets across North America and potentially lead to oil price inflation.

Top 1% Commission Agents in

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Calgary Commission Structure

Real estate commissions are the fees that home sellers pay to the seller and buyer real estate agents for their services. In Calgary, the total commission rate is structured as 7% for the first $100,000 of a home’s sale price and 3% on the remaining balance. Seller agents usually get half or 50% of this total commission with buyer agents getting the other half. To calculate your real estate commission for Calgary, see our calculator below. For other cities in Alberta, please visit our Alberta real estate commission calculator page for more information.

attach_money
You will pay around...
$19,95020k
7%
on first $100k
3%
on remainder
Buying Agent Commission
$9,5009.50k
Selling Agent Commission
$9,5009.50k
5% GST
$950950
The seller of the property will pay for both buying and selling agents' commission. For example, if the seller agent commission is 2.5% and the buyer agent commission is 2.5%, you will pay a total commission of 5%.

Calgary Real Estate Tools for Buyers and Sellers

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.