Osprey Hill Builder Market Update
Builder Market Update · October 2026
Osprey Hill
SW Calgary · 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) | 9 | $839,895 | $376 | 37 | 100.0% | 6 |
| Resale (built 2015 or later) | 0 | — | — | — | — | 0 |
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
Price new detached – front garage specs closer to the $365/sq ft new homes have actually sold for, not today’s $387 asking level. 6 specs in this product are competing with each other and with resale.
Product
Townhome / row is the tightest product. 4 sold in 12 months with none listed now. If your plans include townhome product, now is a good time to bring one to market.
Detached – front garage supply
Detached – front garage has 14.4 months of supply: 6 listed against 5 sales in a year. Specs in this product need a sharper price, a finished basement or a stronger incentive to stand out.
The $800K+ band
The $800K+ band has 10 months of supply: 4 homes for sale against 5 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 0 → 3 → 3 → 3. 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 |
|---|---|---|---|---|---|---|---|
| Townhome / row | 4 (4 / 0) | $522,400 | $388 | 29 / — | 100.0% | 0 | 0.0 |
| Detached – front garage | 5 (5 / 0) | $862,781 | $365 | 46 / — | 100.0% | 6 | 14.4 |
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 | 44% | 0 | 0.0 | 29 | Seller's |
| $600K–$799K | 0 | 0% | 2 | no sales | — | No sales |
| $800K+ | 5 | 56% | 4 | 9.6 | 46 | 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 |
|---|---|---|---|---|---|---|---|
| Detached – front garage | 6 | $824,648 | $387 | 2 | 4 | 0 | 0 |
| Total | 6 | 2 | 4 | 0 | 0 |
Days on market is for the current listing. Relisted homes may have been on the market longer. Over the past 12 months, 6 new-build listings in Osprey Hill expired, were withdrawn or were cancelled without selling (some were relisted).
The bigger picture
| Measure | Osprey Hill | City of Calgary (CREB®) | What it tells you |
|---|---|---|---|
| Months of supply – all homes | 8.0 | just under 4 | Buyers here have more choice than citywide |
| Months of supply – detached | 14.4 | ≈ 3.3 | Buyers here have more choice than citywide |
| Months of supply – row/town | 0.0 | ≈ 4.4 | Buyers here have less choice than citywide |
| Benchmark price – detached | median sold $862,781* | $739,400 (−1.0% y/y) | Prices citywide are flat to slightly down |
| Benchmark price – row | median sold $522,400* | $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 |
*Osprey Hill 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 Osprey Hill 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