Airdrie Housing Market
Average Housing Prices
| Indicator | 2007 | 2008 | 2009 | 2010 | 2011 |
|---|---|---|---|---|---|
| Residential Sales (MLS) - # of units R-1 to R-5 | 1,376 | 947 | 968 | 880 | 943 |
| Average Sale Price (MLS) - Single Family Dwelling | $377,236 | $379,581 | $348,971 | $362,978 | $360,836 |
| Average Sale Price(MLS) - Condominium | $259,698 | $255,657 | $227,362 | $216,761 | $210,303 |
Source: RE/MAX Rocky View (2007-2010), The Carre Group
For up-to-date information, contact a local realtor or visit the Calgary Real Estate Board's "Town and Country" district statistics.
Number of Dwellings
The number of dwellings in Airdrie has increased by more than 6,000 since 2004.
Number of Dwelling Units, 2004-2011
Source: City of Airdrie Civic Census, 2004-2011
Dwelling Unit Projections
Dwelling Unit Projections: Number of Units
Source: Airdrie Comprehensive Growth Strategy, 2008
Housing Permits, 2004-Present
| Indicator | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 |
|---|---|---|---|---|---|---|---|---|
| Housing Permits (# of units R-1 to R-5) |
566 | 1,269 | 1,483 | 1,786 | 568 | 816 | 993 | 1,070 |
Source: City of Airdrie Building Inspections
Housing Types
Housing demand has helped diversify the type of homes being built in Airdrie. In 2007, the number of permits issued for multi-family housing units more than doubled those issued in previous years.
Building Permits Issued for New Units, 2004-2011
| Year | R-1 – Single Detached House | R-2 – Semi Detached or Duplex | R-3/R4 – Low & Medium Density Apartments | Total |
|---|---|---|---|---|
2004 |
432 |
20 |
114 |
566 |
2005 |
603 |
38 |
628 |
1,269 |
2006 |
1,036 |
10 |
437 |
1,483 |
2007 |
851 |
457 |
478 |
1,786 |
2008 |
526 |
42 |
0 |
568 |
| 2009 | 650 | 99 | 0 | 816 |
| 2010 | 814 | 179 | 0 | 993 |
| 2011 | 629 | 182 | 259 | 1,070 |
Total |
4,912 |
845 |
1,724 |
7,481 |
Source: City of Airdrie Building Inspections
Monthly and annual building statistics are published by the City of Airdrie Building Inspections department.
Proposed New Residential Developments
A number of new residential developments have been approved in Airdrie. They are in differing stages of development. Contact us for details about specific communities.
| Name of Development (To download the Neighbourhood Structure Plan for each area, click here) | Adopted by Council or Approved | Proposed # of Single Family Units (R-1/R-2) | Proposed # of Multi-Family Units (R-3/R-4/R-5) | Total Number of Proposed Units |
|---|---|---|---|---|
Bayside Stage 2 |
July 2005 |
533 |
140 |
673 |
| Bayview/Bayside Stage 3 | August 2010 | 1,268 | 512 | 1,780 |
Cooper's Crossing Stage 3 |
August 2006 |
960 |
560 |
1,520 |
| Copperstone | July 2007 | - | 286 | 286 |
Crown Shores |
June 2004 |
- |
420 |
420 |
| Hillcrest | September 2009 | 840 | 430 | 1,270 |
Kings Heights |
June 2005 |
1,382 |
897 |
2,279 |
| Midtown | July 2009 | 127 | 827 | 954 |
| Morningside | June 2006 | 457 | 96 | 553 |
| Pointe of View | February 2011 | - | 408 | 408 |
Prairie Springs (inlcudes Windsong) |
October 2005 |
1,281 |
843 |
2,124 |
Railtown |
September 2005 |
- |
160 |
160 |
Ravenswood |
May 2007 |
914 |
242 |
1,156 |
Reunion |
March 2009 |
840 |
524 |
1,346 |
Sagewood Stage 2 |
January 2005 |
452 |
59 |
511 |
| Smith's Crossing | October 2006 | - | 18 | 18 |
The Edge |
November 2007 |
- |
190 |
190 |
| Williamstown | October 2007 | 395 | 618 | 1,013 |
TOTAL: |
|
9,449 |
7,230 |
16,679 |
Source: Approved Neighborhood Structure Plans and Development Permits, City of Airdrie Planning Department, 2011 |
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