By Ali Larsen
Marchin' along… but yeah… it got a little messy.
Quick takeaways for you
Right now, the market you’re facing really depends on your location, property type, and price point. In one area, you could be battling multiple offers trying to buy a home… and in another, you might be competing with 10 listings on your own street just to sell.
Airdrie Real Estate Market Update: What Happened in March
March brought a bit of everything.
Sales slowed to 1,881 — about 13% lower than last year — and that drop is largely due to slower activity in the apartment condo segment as supply continues to grow.
At the same time, inventory is rising (as expected heading into spring), but it’s not evenly spread:
Detached homes are still sitting well below long-term supply trends
Row homes and apartments are sitting well above historical averages
So yes… same market, very different experiences depending on what you’re buying or selling.
Airdrie Real Estate Market Update: Prices & Trends
Overall, prices are starting to stabilize — but again, it depends where you’re looking.
The benchmark price came in at $565,600, which is:
Up nearly 1% from February
Down just over 4% year-over-year
Detached homes are holding strong, while condo prices continue to take a hit (down over 9% from last year).
As we wrapped up Q1:
Lower-density homes stayed relatively stable
Apartment condos dropped another ~3% compared to late 2025
Airdrie Real Estate Market Update: Detached Homes
Detached is still the tightest segment right now.
982 sales
1,614 new listings
61% sales-to-new-listings ratio
Just over 2 months of supply
Some areas are tighter than others, but overall, conditions are still supporting pricing — especially in certain districts.
Benchmark price: $741,300
That’s down about 3% from last year’s peak, but still holding relatively strong.
Semi-Detached Market Conditions
This segment is quietly holding steady.
193 sales
480 units in inventory
Balanced conditions overall
Benchmark price: $686,100
Slightly up from last month, sitting about 1% below last year.
We’re seeing small gains in some areas, but overall this segment is just… steady. No chaos here.
Row Homes: A Shift Toward Balance
Row homes are starting to feel the slowdown a bit more.
Sales down 19% in Q1
Inventory up to 960 units
Nearly 3 months of supply
Most areas are balanced, but there are still some buyer-favoured pockets.
Benchmark price: $423,900
Roughly flat month-over-month, but down over 6% year-over-year.
Apartment Condos: Strong Buyer Conditions
This is where things are really shifting.
Inventory climbed to 1,774 units — just shy of levels we saw during the 2008 financial crisis.
Sales-to-new-listings ratio around 40%
Nearly 5 months of supply
That means buyers have options… lots of them.
Benchmark price: $300,300
Slight monthly increase, but still down over 9% year-over-year.
Airdrie Real Estate Market Update: Local Snapshot
Now bringing it back home.
Airdrie is sitting in a balanced market, but with some subtle pressure from increased competition.
135 sales
251 new listings
Just over 3 months of supply
Benchmark price: $512,800
Steady month-over-month
Down over 5% year-over-year
What’s driving this?
Buyers right now have more choice — between new builds, Calgary inventory, and surrounding communities. That added competition is creating a bit of downward pressure on pricing.
Surrounding Market Insights
Cochrane: $561,200 (down 4% year-over-year)
Okotoks: $618,100 (slight quarterly gains, but still down year-over-year)
These markets are staying relatively balanced, but they’re all contributing to the bigger picture buyers are comparing right now.
Final Thoughts on the Airdrie Real Estate Market
So… what does all of this actually mean?
If you’re selling a detached home — you’re still in a strong position
If you’re buying a condo — you’ve got leverage and options
If you’re anywhere in between — strategy matters more than ever
This isn’t a one-size-fits-all market right now. It’s layered, segmented, and very dependent on your exact situation.
Spring is ramping up, though — and this is where things can shift quickly.
If you want a breakdown specific to your home, price point, or goals, we’ve got detailed reports ready to go.