Sellers still have opportunity, but the market is rewarding accuracy over ambition.
If your main concern is whether you can push the asking price and still get strong interest, I would be careful. In Calgary, AB, the recent average accepted price was 98.2% of asking, which tells me the market is still moving, but buyers are not blindly paying whatever number they see.
Looking at the previous 30 days, Calgary, AB posted 1,881 residential sales, 3,409 new listings, and 5,395 homes available for sale. Supply stood at 2.87 months, and a typical sale took 35 days. The usual residential home value came in at $565,600. To me, that combination supports a seller strategy built on precision, not on testing the market. A seller can still do well here, but the numbers make one thing clear buyers have alternatives. When they can compare thousands of homes, they are more willing to wait out a listing that feels stretched. I would rather see a seller create urgency with a compelling price than try to preserve ego with a number the market is unlikely to validate. In Calgary, AB, credibility creates leverage. I would set your price after studying the competition buyers will actually compare against you. I would also prepare a response plan for the first seven to ten days so you are not improvising if activity is softer than expected. Get the number right early.
About Eric Dennis
Eric Dennis is a licensed Real Estate Professional affiliated with CIR REALTY, specializing in the Calgary market. With a focus on strategic marketing and deep local knowledge, Eric Dennis provides clients with expert guidance in navigating complex real estate transactions. View full profile →
