Canada's Award-Winning Lake Community
Multiple-time winner of Canada's Best Community award, Mahogany features Calgary's largest private lake at 63 acres. Luxury homes, a stunning beach club with waterslides, and a vibrant main street with restaurants and shops make this the SE's crown jewel. If you want the best lake community living in Alberta, Mahogany delivers.
Over the last 90 days in Mahogany, detached homes sold for a median of $735,600 in 28 days, with 2.8 months of supply. Apartments sold for a median of $360,000 in 37 days, with 3.7 months of supply. Homes here sold at 98.1% of list price. Calgary as a whole: 97.3% (CREB®, October 2026).
| Home type | Median sold price | Median days on market | Months of supply | Active now | Sold (90 days) | Price vs last yearCREB® |
|---|---|---|---|---|---|---|
| Detached | $735,600 | 28 days | 2.8 mo | 47 | 50 | -4.4% |
| Semi-detached | $593,750 | 27 days | 3.8 mo | 20 | 16 | -4.2% |
| Townhouse | $428,451 | 36 days | 3.5 mo | 13 | 11 | -7.2% |
| Apartment | $360,000 | 37 days | 3.7 mo | 33 | 27 | -9.2% |
Price vs last year is CREB®'s own figure for this community: the change in their benchmark price year to date against the same period last year, as at November 2, 2026. It is not a single-month comparison, and it is measured differently from the median beside it — CREB® uses a benchmark index, we use the median of actual closed sales. Published with CREB®'s permission. Segments with fewer than 20 sales year to date are left blank, because a percentage on a smaller base than that is noise rather than a trend.
Where a home type had fewer than 5 sales in the last 90 days we leave it out, rather than publish a median that is not reliable. Calculated from Pillar 9 MLS® sold data for the 90 days ending November 4, 2026. Updated daily. General market information on this website was last updated on November 4, 2026.
How much does a home cost in Mahogany?
Detached homes in Mahogany sold for a median of $735,600 across 50 sales in the 90 days ending November 4, 2026. Semi-detached homes in Mahogany sold for a median of $593,750 across 16 sales in the 90 days ending November 4, 2026. Townhouses in Mahogany sold for a median of $428,451 across 11 sales in the 90 days ending November 4, 2026. Apartments in Mahogany sold for a median of $360,000 across 27 sales in the 90 days ending November 4, 2026. Figures are medians of closed sales from Pillar 9 MLS® data.
How long do homes take to sell in Mahogany?
Homes in Mahogany took a median of 32 days to sell over the 90 days ending November 4, 2026, measured across 104 sales.
Do homes in Mahogany sell for asking price?
Homes in Mahogany sold at a median of 98.1% of list price over the 90 days ending November 4, 2026, so a typical home sold about 1.9% below asking.
Are prices in Mahogany going up or down?
Benchmark prices for detached homes in Mahogany are down by 4.4% year to date compared with the same period last year, as at November 2, 2026. That figure is CREB®'s, published with their permission, and is a year-to-date comparison rather than a single-month one.
Is Mahogany a buyer's or a seller's market?
Mahogany had 3.3 months of supply as at November 4, 2026 — that is how long the homes currently for sale would last at the pace of the last 90 days. In Calgary, under 2 months is generally described as a seller's market, 2 to 4 months as balanced, and over 4 months as a buyer's market.
The medians above are the whole community. Your street is not the whole community. Send me your address and I will send back the homes most like yours that actually sold — what they went for, price per square foot, how long they sat, and what that means for yours.
Not selling — just watching Mahogany? Get new Mahogany listings the day they hit the market →
Medians are for the same 90-day window as the table above. Detached where available, otherwise all home types.
Currently active listings in Mahogany, Calgary — updated daily from Pillar 9 MLS®. All price points shown.
Multiple-time winner of Canada's Best Community award, Mahogany features Calgary's largest private lake at 63 acres. Luxury homes, a stunning beach club with waterslides, and a vibrant main street with restaurants and shops make this the SE's crown jewel. If you want the best lake community living in Alberta, Mahogany delivers.
School details verified against CBE/CCSD records, September 2026.
Real community boundary and school locations, verified against City of Calgary and Calgary Board of Education records.
A few things that set Mahogany apart from every other community in Calgary.
Jad Itani specializes in SE Calgary real estate and knows Mahogany inside and out.
Whether buying or selling — let's talk.