Clearwater Park Builder Market Update
Builder Market Update · October 2026
Clearwater Park
Chestermere · Sales Oct 20, 2025 – Oct 19, 2026 (12 months); active listings as of Oct 19, 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) | 13 | $690,000 | $328 | 41 | 97.2% | 7 |
| Resale (built 2015 or later) | 0 | — | — | — | — | 1 |
Resale here means homes built in 2015 or later, the homes buyers compare a new build to. Compare $/sq ft and days on market, not the overall median price.
What this means for builders
Pricing
New detached – front garage specs are asking about $327/sq ft, in line with the $335/sq ft new homes have sold for. Pricing is not the main obstacle here; presentation and incentives decide which spec sells first.
The under-$600K band
The under-$600K band has 9 months of supply: 3 homes for sale against 4 sales in a year. Specs priced here compete hardest; price toward the band below or add value buyers can see.
Timing
Quarterly sales over the past year ran 1 → 4 → 2 → 6. Winter is the slowest stretch; specs finishing over the winter should be listed and photographed before possession so they’re ready for the spring market.
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 |
|---|---|---|---|---|---|---|---|
| Semi-detached / duplex | 3 (3 / 0) | $479,900 | $311 | 18 / — | 100.0% | 2 | 8.0 |
| Detached – front garage | 9 (9 / 0) | $700,772 | $335 | 72 / — | 96.9% | 4 | 5.3 |
Shown only where there were 3 or more sales: detached – laned (1 sold, 1 active); bungalow / villa (0 sold, 1 active). Months of supply = active listings ÷ average monthly sales over 12 months. Laned = rear lane / detached garage; front garage = attached front-drive garage.
Where buyers are buying
| Price band (sold price) | Sales (12 mo) | Share of sales | Active now | Months of supply | Median DOM | Market read |
|---|---|---|---|---|---|---|
| Under $600K | 4 | 31% | 3 | 9.0 | 26 | Buyer's |
| $600K–$799K | 7 | 54% | 3 | 5.1 | 96 | Buyer's |
| $800K–$999K | 0 | 0% | 2 | no sales | — | No sales |
| $1.2M+ | 2 | 15% | 0 | 0.0 | 6 | Seller'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 |
|---|---|---|---|---|---|---|---|
| Semi-detached / duplex | 2 | $499,900 | $317 | 2 | 0 | 0 | 0 |
| Detached – laned | 1 | — | — | 1 | 0 | 0 | 0 |
| Detached – front garage | 3 | $829,800 | $327 | 3 | 0 | 0 | 0 |
| Bungalow / villa | 1 | — | — | 1 | 0 | 0 | 0 |
| Total | 7 | 7 | 0 | 0 | 0 |
Days on market is for the current listing. Relisted homes may have been on the market longer. Over the past 12 months, 13 new-build listings in Clearwater Park expired, were withdrawn or were cancelled without selling (some were relisted). Asking prices are shown only where 2 or more specs are listed.
The bigger picture
| Measure | Clearwater Park | City of Calgary (CREB®) | What it tells you |
|---|---|---|---|
| Months of supply – all homes | 7.4 | just under 4 | Buyers here have more choice than citywide |
| Months of supply – detached | 7.2 | ≈ 3.3 | Buyers here have more choice than citywide |
| Months of supply – row/town | — | ≈ 4.4 | — |
| Benchmark price – detached | median sold $695,386* | $739,400 (−1.0% y/y) | Prices citywide are flat to slightly down |
| Benchmark price – row | — | $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 |
*Clearwater 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. Clearwater Park is outside Calgary; city figures are shown as the reference market most buyers also shop.
Want the full Clearwater Park brief? Three pages, ready to share with your sales team.
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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