Inner NW Prestige — University District Living
A mature, tree-lined community bordering the University of Calgary, Varsity offers generous lot sizes, ranch-style bungalows, and strong investment potential. Walkable to the U of C, Foothills Medical Centre, Market Mall, and the University CTrain station — one of the NW's best-value inner communities with outstanding upside.
Over the last 90 days in Varsity, detached homes sold for a median of $840,000 in 44 days, with 2.7 months of supply. Apartments sold for a median of $292,500 in 47 days, with 4.9 months of supply. Homes here sold at 97.1% 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 | $840,000 | 44 days | 2.7 mo | 24 | 27 | -0.1% |
| Townhouse | $445,000 | 29 days | 2.6 mo | 6 | 7 | -3.8% |
| Apartment | $292,500 | 47 days | 4.9 mo | 23 | 14 | -9.8% |
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 Varsity?
Detached homes in Varsity sold for a median of $840,000 across 27 sales in the 90 days ending November 4, 2026. Townhouses in Varsity sold for a median of $445,000 across 7 sales in the 90 days ending November 4, 2026. Apartments in Varsity sold for a median of $292,500 across 14 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 Varsity?
Homes in Varsity took a median of 41 days to sell over the 90 days ending November 4, 2026, measured across 50 sales.
Do homes in Varsity sell for asking price?
Homes in Varsity sold at a median of 97.1% of list price over the 90 days ending November 4, 2026, so a typical home sold about 2.9% below asking.
Are prices in Varsity going up or down?
Benchmark prices for detached homes in Varsity are down by 0.1% 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 Varsity a buyer's or a seller's market?
Varsity had 3.2 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.
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Medians are for the same 90-day window as the table above. Detached where available, otherwise all home types.
Currently active listings in Varsity, Calgary — updated daily from Pillar 9 MLS®. All price points shown.
A mature, tree-lined community bordering the University of Calgary, Varsity offers generous lot sizes, ranch-style bungalows, and strong investment potential. Walkable to the U of C, Foothills Medical Centre, Market Mall, and the University CTrain station — one of the NW's best-value inner communities with outstanding upside.
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 Varsity apart from every other community in Calgary.
Jad Itani specializes in NW Calgary real estate and knows Varsity inside and out.
Whether buying or selling — let's talk.