Calgary Homes Sell Near Asking — But Where Did the Price Start?
By Byron Henry, Realtor
(eXp Realty)
Sale-to-list price is one of those real estate statistics that sounds more straightforward than it actually is.If a Calgary home sells for 98% of asking price, the natural interpretation is that the seller came down about 2%.But what if the asking price had already been reduced?I analyzed 20,928 Calgary residential sales that closed between Sept. 1, 2025 and Aug. 31, 2026.The median sale price was 97.83% of the final asking price.But 7,160 of those listings — 34.2% — had reduced their asking price before they sold.For the price-reduced group, the median property ultimately sold for:97.35% of the final asking pricebut only93.02% of the original asking price.That distinction becomes even more pronounced as the recorded price reduction grows.Among listings reduced by 10% or more, the event...
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