Alpine Park Builder Market Update
Builder Market Update · October 2026
Alpine Park
SW Calgary · Sales Oct 15, 2025 – Oct 14, 2026 (12 months); active listings as of Oct 14, 2026
Three things builders should know
Community snapshot
New build vs resale
| Segment | Sales | Median price | Median $/sf | Median DOM | Sale-to-list | Active now |
|---|---|---|---|---|---|---|
| New build (never occupied) | 49 | $662,060 | $368 | 61 | 97.4% | 30 |
| Resale | 26 | $756,250 | $384 | 38 | 98.6% | 17 |
| Difference (new vs resale) | — | −$94,190 | −$16 | +23 days | −1.2 pts | — |
New and resale homes differ in size and finish. Resale homes are larger (median 1,998 vs 1,710 sq ft) and often have finished basements and landscaping. Compare $/sq ft and days on market, not the overall median price.
What this means for builders
Pricing
Price new laned and front-garage specs closer to the $370–$380/sq ft new homes have actually sold for, not today’s $400 asking level. The 30 active specs are competing with each other and with resale.
Product
Semi-detached homes have no active competition. All 7 sold in a median 34 days with nothing listed now. If your plans include a semi or duplex, now is a good time to bring one to market.
The $800K–$899K gap
The $800K–$899K band has 14 months of supply: 12 homes for sale against 10 sales in a year. Specs priced in this band need a sharper price, a finished basement or a stronger incentive to stand out.
Resale competition
Resale laned homes are selling in about a third of the time new laned homes take. Show buyers what new adds: warranty, energy efficiency, GST rebate eligibility for first-time buyers, and finishes they can still choose.
Timing
Sales have risen each quarter this year (16 → 22 → 25). Specs finishing over the winter should be on the market and photographed before possession, ready for the spring push.
Full breakdown: product types, price bands and spec aging
By product type
| Product | Sales (new / resale) | Median price | Median $/sf | Median DOM (new / resale) | Sale-to-list | Active | Months of supply |
|---|---|---|---|---|---|---|---|
| Townhome / street town | 15 (11 / 4) | $518,500 | $324 | 47 / 52 | 98.5% | 9 | 7.2 |
| Semi-detached / duplex | 7 (3 / 4) | $620,000 | $365 | 33 / 43 | 98.1% | 0 | 0.0 |
| Detached – laned | 22 (15 / 7) | $666,250 | $382 | 97 / 30 | 97.8% | 15 | 8.2 |
| Detached – front garage | 28 (18 / 10) | $867,500 | $373 | 58 / 43 | 97.4% | 22 | 9.4 |
| Apartment condo | fewer than 3 sales | — | — | — | — | 1 | — |
One bungalow resale is counted in the overall totals but not shown as its own row (fewer than 3 sales). Months of supply = active listings ÷ average monthly sales over 12 months.
Where buyers are buying
| Price band (sold price) | Sales (12 mo) | Share of sales | Active now | Months of supply | Median DOM | Market read |
|---|---|---|---|---|---|---|
| Under $500K | 6 | 8% | 5 | 10.0 | 38 | Buyer's |
| $500K–$599K | 13 | 17% | 5 | 4.6 | 55 | Balanced |
| $600K–$699K | 18 | 24% | 10 | 6.7 | 43 | Buyer's |
| $700K–$799K | 17 | 23% | 8 | 5.6 | 53 | Buyer's |
| $800K–$899K | 10 | 13% | 12 | 14.4 | 68 | Buyer's – heavy |
| $900K+ | 11 | 15% | 7 | 7.6 | 36 | Buyer's |
Market read: under 2.5 months of supply = seller's, 2.5–5 = balanced, over 5 = buyer's. Active listings are banded by asking price.
Spec competition right now
| Product (new builds only) | Active | Median asking price | Median asking $/sf | 0–30 days | 31–60 | 61–90 | 90+ days |
|---|---|---|---|---|---|---|---|
| Townhome / street town | 8 | $504,450 | $341 | 4 | 1 | 2 | 1 |
| Detached – laned | 9 | $674,800 | $402 | 4 | 1 | 1 | 3 |
| Detached – front garage | 12 | $844,500 | $399 | 5 | 2 | 2 | 3 |
| Apartment condo | 1 | — | — | — | — | — | 1 |
| Total | 30 | 13 | 4 | 5 | 8 |
Days on market is for the current listing. Relisted homes may have been on the market longer. Over the past 12 months, 48 new-build listings in Alpine Park expired or were cancelled without selling (some were relisted).
The bigger picture
| Measure | Alpine Park | City of Calgary (CREB®) | What it tells you |
|---|---|---|---|
| Months of supply – all homes | 7.5 | just under 4 | Alpine Park buyers have about twice the choice |
| Months of supply – detached | 8.7 | ≈ 3.3 | Detached specs compete harder here than citywide |
| Months of supply – row/town | 7.2 | ≈ 4.4 | Townhome supply is high here and citywide |
| Benchmark price – detached | median sold $769,900* | $739,400 (−1.0% y/y) | Prices citywide are flat to slightly down |
| Benchmark price – row | median sold $518,500* | $412,400 (−5.5% y/y) | Row is the weakest segment citywide |
| Total sales, September 2026 | — | 1,650 (−3.8% y/y) | The market is slower than last year, not frozen |
*Alpine Park figures are TNT's medians from Pillar 9™ MLS® sales. CREB® benchmark prices use the MLS® Home Price Index and are a different measure. Don't compare them as like for like.
Want the full Alpine Park brief? Three pages, ready to share with your sales team.
Past editions: October 2026 · See all communities
Your builder specialist
Cam Johnson
Before real estate, Cam founded and ran a construction company working on building and land development projects. He looks at a spec the way a builder does: the product, the lot, what it costs to carry and what it will take to move it. That’s why these updates are built around the numbers builders use.
- Spec pricing against the resale homes buyers are actually touring
- MLS® marketing, showings and weekly feedback reports
- Move-up buyers who need to sell first: our team handles that sale too, so your deal doesn’t stall