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Current Banff Real Estate Statistics

Find and browse Banff real estate listings currently available. This tool generates current real estate reports and statistics from Banff, Alberta based on active and pending MLS® listings. With this tool view Banff home values, average days on market, and property types of homes in Banff, Alberta.

 

Banff, Alberta, is one of the most popular tourist destinations in the world, known for spectacular natural beauty and outdoor adventure. Banff was the first town to be incorporated within a Canadian national park. On average, Banff and the park attract over four million visitors every year! Activities such as hiking, skiing, wildlife viewing, and visiting the hot springs are all popular highlights.

Tourism is the main contributor to Banff's local economy, with the majority of jobs relating to hotels, restaurants, and outdoor recreation. The town also has a thriving retail sector, with many shops and boutiques catering to tourists.

Despite the impacts of the COVID-19 pandemic, the real estate market in Banff has remained strong, with steady demand for residential and commercial properties. The town's proximity to the nearby international airport of Calgary has allowed Banff to become popular internationally.

Overall, Banff continues to be a desirable location for tourists and an exclusive place to call home. Thanks to its natural beauty and plenty of recreation, demand for real estate and local businesses isn't likely to experience significant change but instead slow, steady growth. 

 

Unlike many real estate markets, Banff, Alberta has an equal occupancy of tenants and homeowners. The vast majority of properties in Banff were constructed before the 1980s. Scroll down to check out some statistics and information regarding the current Banff real estate market and home values!

 

If you have any questions regarding this real estate market feel free to get in touch with one of our agents!

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Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
336 Muskrat Street 6 4 2,687 $1,690,000 $628 3 days
1C Otter Lane 2 2 1,437 $897,300 $624 5 days
415 B Squirrel Street 3 2 1,003 $782,000 $779 7 days
110 Banff Avenue Unit 108c N/A N/A N/A $200,000 Unknown 12 days
4 Cascade Court 4 6 4,726 $2,300,000 $486 17 days
526 Banff Avenue Unit 202 2 1 702 $544,900 $776 17 days
137 Eagle Crescent N/A N/A N/A $315,000 Unknown 19 days
414 Squirrel Street Unit 306 1 1 583 $449,000 $770 19 days
213 Grizzly Street Unit B 8 3 2,062 $1,375,000 $666 22 days
440 Banff Avenue Unit 318 2 3 1,066 $695,000 $651 39 days
123 Muskrat Street Unit 202 2 2 1,245 $699,999 $562 97 days
412 Cougar Street Unit AB 1 1 3,405 $2,390,000 $701 117 days
347 Marten Street Unit 306 1 1 539 $440,000 $816 125 days
108 Lougheed Circle 3 3 2,476 $1,395,000 $563 127 days
420 Marten Street Unit G 2 1 869 $479,000 $551 148 days
107 Lougheed Circle 4 6 3,305 $2,800,000 $847 162 days
106 Lougheed Circle 4 4 3,051 $1,999,999 $655 188 days
Average: 3.0 2.7 1,943 $1,144,246 $672 66 days
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Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
404 Squirrel Street Unit 4 2 1 923 $649,000 $703 57 days
Average: 2.0 1.0 923 $649,000 $703 57 days
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .