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Market Update

Why Valley Ridge Prices Held While Calgary Softened

February 2026 market data, tariff implications, and what's coming to the neighborhood.

Conor Elder
Valley Ridge Real Estate Market Update February 2026

$827,200

-0.1%

Benchmark Price

Total residential

44 days

Days on Market

January 2026

5

Active Listings

Current inventory

3

Homes Sold YTD

2026 year-to-date

1.67

Months of Supply

2026 YTD

60%

Sale to List Ratio

Asking vs sold price

In November, Valley Ridge had 12 active listings and 6.0 months of supply. That is, technically, a buyer's market. Two months later, we're at 5 listings and 1.67 months of supply — firmly in seller territory. A 72% drop in two months.

How does a market flip that fast? In a community of roughly 1,940 homes where only about 74 detached properties change hands in an entire year, a handful of listings coming on or off the market rewrites the entire story. That's the reality of Valley Ridge real estate — and it's exactly why the city-wide headlines don't apply here.

Where Valley Ridge Sits Right Now

The benchmark price is $827,200, -0.1% year-over-year. After climbing 59% since 2020 — from $520,225 to where we are now — prices have essentially plateaued. I think that's a good thing. After that kind of run, a breather lets the market catch up to itself.

Three sales in January. That's it. Two detached, one row home. January is always quiet in Valley Ridge, so I don't read too much into the volume. What I do read into: the detached benchmark at $849,100 and row homes at $529,500. That $320,000 gap is the real story for buyers weighing their options. Row homes give you the Valley Ridge lifestyle — the golf course, the pathways, the green space — at a materially different price point.

Average days on market: 44. That number will drop by April. It always does.

What Calgary's Cooling Means for Valley Ridge

The rest of Calgary is telling a different story. City-wide months of supply have risen from 2.43 to 3.59 year-over-year. Apartment sales fell 28% in 2025. Row homes dropped 17%. Even detached homes slipped 8%. The city is cooling toward balanced conditions.

Valley Ridge isn't following the trend, and the reason is structural. This is a fully built-out community. No new lots. No subdivision phases. Roughly 1,940 dwellings and over 50% of the land is protected green space. In 2025, only 74 detached homes sold — about 4% of the total housing stock turning over in an entire year. When your supply is that constrained, the broader market's correction barely touches you.

The tariff wildcard: the 25% U.S. tariff on most Canadian goods is the variable I'm watching most closely. If it holds, construction material costs rise, new builds get more expensive across Calgary, and existing homes in established communities become relatively more attractive. If it gets rolled back, the pressure eases. Nobody knows how this plays out. Honesty matters more than certainty right now.

On the positive side, the Bank of Canada completed six consecutive rate cuts through early 2025. That means better purchasing power for buyers than we've seen in two years. Royal LePage projects Calgary detached prices rising 3% in 2026 — modest, but positive.

If You're Buying

Those six rate cuts mean your dollar goes further than it did 12 months ago. Get pre-approved now, before spring competition arrives. At 5 active listings, you don't have the luxury of browsing — be ready to move when the right home shows up. Check current Valley Ridge listings to start getting familiar with what's available.

One thing working in your favor: the 60% sale-to-new-listing ratio tells me not everything is selling immediately. If a property has been sitting, there's room to negotiate. Come in with solid data and a clear sense of what the home is worth.

If You're Selling

The next six weeks are your window. List before spring inventory arrives and you're competing with more sellers. Remember November's 12-listing market and 6.0 months of supply? That can come back fast. Right now, with 5 listings, you have leverage.

Your pricing benchmark: in 2025, the average detached sale in Valley Ridge was $893,564 with 34 days on market. That's the number that matters — not a single month's snapshot from three transactions. Curious where your home fits? I provide free home valuations based on actual Valley Ridge comparable sales.

What's Your Home Worth Now?

Get a free home valuation based on the latest market data, or track your equity over time with free monthly equity reports.

What's Coming to the Neighborhood

This is the part most market reports skip. Three developments are changing the area around Valley Ridge — and all of them are positive for property values here.

  • Bingham Crossing Costco — a 170,000-square-foot Costco (one of the largest in Alberta) is opening Fall 2026, roughly 5 minutes from Valley Ridge. That's a major convenience upgrade.
  • Osprey Hill — a new 50-acre community being built next door, with homes from the mid-$500,000s to $1.2 million+. More neighbors, but also infrastructure upgrades that benefit Valley Ridge directly.
  • West View ASP — 8,000 to 10,000 new residents planned west of Valley Ridge over the coming years. A new interchange means this traffic won't be funneled through our community.

More development west of Valley Ridge means more demand for the amenities that already exist here — the golf course, the 48 km of Bow River pathways, the green space. Valley Ridge's value gets stronger as the surrounding area grows, because there is no way to build another Valley Ridge. For a full picture of what makes this community unique, see our community guide.

Valley Ridge Price Trends: 6-Year View

YearBenchmark Price
2020$520,225
2021$589,625
2022$676,450
2023$738,325
2024$835,558
2025$830,000
2026$827,200

The peak was 2024 at $835,558. We've pulled back slightly — $830,000 in 2025 and $827,200 now. Two consecutive years of mild decline after a massive run-up. That's a correction, not a collapse. For the full data, visit our market data page.

Frequently Asked Questions

What is the average home price in Valley Ridge?

The current benchmark price is $827,200 for total residential. Detached homes benchmark at $849,100 and row homes at $529,500. In 2025, the 74 detached homes that sold averaged $893,564. Your price depends on specifics — lot size, golf course proximity, renovations, and condition — but the benchmark gives you a solid starting point.

Is it a buyer's or seller's market in Valley Ridge?

It's a seller's market. At 1.67 months of supply, Valley Ridge is well below the 3-month threshold that defines balanced conditions. With only 5 active listings in a community of roughly 1,940 homes, sellers have leverage. That said, the broader Calgary market has shifted toward balance — city-wide months of supply hit 3.59 — so buyers have more options if they expand their search.

How long do homes take to sell in Valley Ridge?

The current average is 44 days on market. In 2025, detached homes averaged 34 days. Homes priced right and showing well — especially those backing onto the golf course or with river views — sell faster. Properties sitting longer are almost always priced above what comparable sales support.

Are Valley Ridge home prices going up or down?

They're flat. The benchmark moved -0.1% year-over-year, which is essentially unchanged. For perspective, Valley Ridge has appreciated 59% since 2020 (from $520,225 to $827,200). After that kind of run, a plateau is healthy. The 2024 peak was $835,558 — we've pulled back slightly and stabilized.

Is Valley Ridge a good investment?

The numbers support it. Valley Ridge has delivered 59% appreciation since 2020, and the community's structural advantages — 50%+ green space, the golf course, Bow River access, only 1,940 total dwellings — protect long-term values. New development nearby (Bingham Crossing Costco, Osprey Hill, West View) adds amenities without adding competing housing stock inside Valley Ridge itself. I'm happy to run through the specifics for your situation.

Know Where You Stand

That 60-day flip from buyer's to seller's market wasn't random. It's what happens in a community this small when even a few sellers pull back. Spring will add inventory — it always does. But Valley Ridge's structural scarcity isn't going anywhere. No new lots. No new builds. Just 1,940 homes and 50% green space.

The best defense against an uncertain market — tariffs, rate policy, whatever comes next — is knowing exactly where you stand.

Send me your address and I'll pull a custom report showing what your home would likely sell for this spring, based on the last 12 months of Valley Ridge sales. No obligation — takes me about 15 minutes. You'll have it within 24 hours. Request your free valuation here.

If you're buying, tell me your price range and must-haves and I'll set up a search that alerts you the minute something new hits the market. Get in touch.

Data source: CREB®, February 2026. Broader Calgary data: CREB® 2025 annual summary and Q1 2026 reporting. Market conditions can change; contact me for the most current information.

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Find Out Where Your Home Sits in This Market

I'll pull a custom report based on recent Valley Ridge sales — not a Zestimate, not an algorithm. Real comparable sales analyzed by someone who tracks every transaction in this community.