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.
2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|
Number of dwellings | 29,498 | 29,139 | 28,175 | 27,120 | 26,574 |
Total residential sales | 3,494 | 2,941 | 2,475 | 1,922 | 1,657 |
Average sale price | $494,141 | $462,561 | $414,259 | $384,412 | $392,269 |
Source: City of Airdrie Assessment
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