Housing prices have remained stable over the past several years and Airdrie continues to offer a more affordable environment over neighbouring Calgary.
Housing demand has helped diversify the type of homes being built in Airdrie. The demand for multi-family housing has been strong and the market has responded with several new developments under construction.
| 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
| Number of dwellings | 29,139 | 28,175 | 27,120 | 26,574 | 26,924 |
| Total residential sales | 2,941 | 2,475 | 1,922 | 1,657 | 1,905 |
| Average sale price | $462,561 | $414,259 | $384,412 | $392,269 | $401,800 |
Source: City of Airdrie Assessment
| 2023 | 2028 | 2033 | 2038 | |
|---|---|---|---|---|
| Housing (dwelling units) projection | 23,980 | 26,802 | 29,805 | 32,840 |
| Cumulative increase from 2008 | 11,288 | 14,103 | 17,106 | 20,141 |
Source: Airdrie Comprehensive Growth Strategy 2008
A number of new residential developments have been approved in Airdrie. They are in differing stages of development.
| Name of Development | Phase | Proposed # of Single Family Units (R1/R2) | Proposed # of Multi-Family Units (R2-T/R3/R4/R5) | Total Number of Proposed Units |
|---|---|---|---|---|
| Bayview | 1 | 102 | 0 | 102 |
| Chinook Gate | 4A | 52 | 0 | 52 |
| Cobblestone Creek | 1 | 73 | 66 | 139 |
| Cobblestone Creek | 2 | 142 | 0 | 140 |
| Cobblestone Creek | 3 | 144 | 31 | 175 |
| Coopers Crossing | 28B | 40 | 0 | 40 |
| Coopers Crossing | 30A | 42 | 0 | 42 |
| Coopers Crossing | 30B | 50 | 0 | 50 |
| Georgetown | 2 | 0 | 32 | 32 |
| Lanark | 1 | 118 | 45 | 163 |
| Lanark | 2 | 125 | 20 | 145 |
| Midtown | 3 | 96 | 0 | 96 |
| Midtown | 5 | 82 | 9 | 91 |
| Midtown | 6 | 99 | 0 | 99 |
| South Point | 2 | 69 | 36 | 105 |
| South Windsong | 7 | 55 | 40 | 95 |
| South Windsong | 8 | 74 | 14 | 88 |
| South Windsong | 9 | 21 | 5 | 26 |
| Windsong | 12 | 0 | 3 | 3 |
Source: approved Neighbourhood Structure Plans and development permits, City of Airdrie Planning and Development - updated as of Jan. 2019