Mahogany Calgary Real Estate Market Update – July 2026 Detached Home Statistics
Mahogany continues to be one of Calgary’s most desirable lake communities, and while the market has become more balanced over the past year, detached homes remain in demand. Buyers have considerably more choice than they did during the peak seller’s market, but well-priced homes are still selling.
If you’re planning to buy or sell in Mahogany, understanding the latest market statistics can help you make better decisions.
Mahogany Detached Home Statistics – July 2026
July 2026
Sales: 27
New Listings: 44
Inventory: 83
Sales-to-New Listings Ratio: 61.36%
Months of Supply: 3.07
Median Price: $708,000
Average Price: $818,269
Average Days on Market: 49
Year-to-Date
Sales: 163
New Listings: 301
Average Inventory: 66
Sales-to-New Listings Ratio: 54.15%
Months of Supply: 2.83
Benchmark Price: $794,733
Median Price: $760,000
Average Price: $832,166
Average Days on Market: 37
What Do These Numbers Mean?
Mahogany saw 27 detached home sales during July, while 44 new listings came onto the market. Inventory climbed to 83 active listings, giving buyers more options than they had earlier in the year.
With 3.07 months of supply, Mahogany is moving toward a balanced market. Homes are still selling, but buyers generally have more time to compare properties, negotiate, and complete inspections before making a final decision.
The 61.36% sales-to-new listings ratio tells us that buyer demand remains healthy even though inventory has increased.
Home Prices Continue to Hold Strong
Detached homes in Mahogany continue to command impressive values.
The average sale price reached $818,269 in July, while the median price was $708,000.
It’s important to remember that average prices can fluctuate significantly from month to month depending on the mix of homes that sell. A month with several luxury lakefront or estate properties can push the average considerably higher without indicating that every home in the community has increased in value.
That’s why I encourage homeowners to look at comparable sales rather than relying on average prices alone when determining what their home may be worth.
Homes Are Taking Longer to Sell
The average detached home sold in 49 days during July.
Compared to the fast-paced markets of previous years, buyers are taking more time before making offers. Many are viewing multiple homes, comparing prices carefully, and negotiating when appropriate.
This doesn’t mean homes aren’t selling—it simply means today’s buyers have more choices and higher expectations.
What This Means for Sellers
If you’re thinking about selling your Mahogany home, today’s market still offers excellent opportunities.
However, preparation matters more than ever.
I recommend homeowners:
Complete any outstanding repairs before listing.
Professionally clean the home.
Declutter and depersonalize every room.
Invest in professional photography.
Price the home according to current comparable sales—not last year’s market.
The homes generating the strongest interest are the ones that show well from day one and are priced realistically.
What This Means for Buyers
Today’s buyers are in a stronger negotiating position than they were a year ago.
With additional inventory available, buyers can often compare several similar homes before making a decision. That creates opportunities to negotiate price, request repairs after the home inspection, or negotiate possession dates that better suit your needs.
Even with more inventory, I still recommend including both a financing condition and a professional home inspection whenever possible. These conditions help protect your investment and provide peace of mind before closing.
Why Buyers Continue to Choose Mahogany
Mahogany has become one of Calgary’s premier lake communities for good reason.
Residents enjoy:
A beautiful private lake with year-round recreation
Beaches and extensive walking pathways
Excellent schools
Numerous parks and playgrounds
Restaurants, coffee shops, and shopping nearby
Easy access to Deerfoot Trail and Stoney Trail
A wide selection of detached homes for growing families
Its combination of lifestyle, amenities, and convenient location continues to make Mahogany one of the city’s most popular communities.
Thinking About Buying or Selling in Mahogany?
Whether you’re buying your first home, upgrading to a larger property, or preparing to sell, understanding current market conditions is essential.
If you’re wondering what your Mahogany home is worth, I’d be happy to provide a complimentary, no-obligation home evaluation based on recent comparable sales and current market conditions.
Likewise, if you’re planning to purchase a detached home in Mahogany, I can help you identify the best opportunities and negotiate on your behalf in today’s changing market.
The July 2026 numbers show that Mahogany remains a healthy and active real estate market. While inventory has increased and buyers have more choice, quality homes that are priced correctly continue to attract strong interest. Whether you’re buying or selling, having accurate local market knowledge can make all the difference in achieving the best possible outcome
Terry Edwardson Calgary Realtor®️
The Real Estate Company