Patterson Apartment Homes Market Report
Market Highlights (as of May 31, 2026)
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Average Sold Price: Over the past 12 months, apartment-style homes in Patterson have achieved an average sold price of about $405,096.
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Average Days on Market: A slower selling pace, with more extended marketing times before firm sales shows up in an average selling pace of roughly 52.6 days from list to firm sale.
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Odds of Selling: With 26 listings sold, 0 pending, and 16 not sold, the odds of a successful sale for apartment-style homes in Patterson over this period works out to about 61.9%.
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Monthly Selling Rate: The market has been processing apartment-style homes at a rate of about 2.2 apartment sales per month in Patterson.
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Months of Inventory: At roughly 5.1 months of inventory, drawn from 11 active listings and the recent selling pace, there is more selection on the market, and some listings may take longer to secure a buyer.
To see how these local trends compare to current inventory and pricing across the city, you can view all Calgary apartment homes for sale.
Time to Sell
The Time to Sell chart plots individual apartment sales in Patterson by days on market and sold price over the past 12 months, from 2025-05-31 to 2026-05-31. Each point represents one sold listing, with days on market on the horizontal axis and sold price on the vertical axis, plus reference lines showing the average sold price and a typical selling pace for this segment.
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Over the past 12 months, apartment listings here have taken about 52.6 days on average to go from listing to a firm sale. That’s a practical guide for how long a typical sale has taken in this segment.
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Sales that completed in less than about 19.8 days sit on the faster side of the chart and often reflect well-prepared listings that were aligned with recent pricing, while sales that took longer than roughly 63.2 days illustrate cases where extra time was needed before the right buyer and price match came together.
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Across this period, the average sold price for apartment homes in Patterson has been near $405,096, and points that sit well to the right of the typical days-on-market line highlight situations where pricing, condition, or more specialized features required additional exposure before a firm sale.
Odds of Selling
The Odds of Selling chart summarizes how many apartment listings in Patterson have sold, how many are still on the market, and how many were removed without a completed sale over the past 12 months, from 2025-05-31 to 2026-05-31. It also rolls those counts into an overall estimate of the percentage of listings that ultimately reach a firm sale.
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Odds of Selling: In the last year, the apartment segment in Patterson has seen 26 completed sales and 0 pending deals, alongside 11 active listings and 16 that ended without a sale. Rolled up, that translates into about 61.9% of listings eventually reaching a firm sale.
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Monthly Selling Rate: Spread over the year, that activity works out to roughly 2.2 apartment sales per month in Patterson, a straightforward read on how much buyer demand has been in play.
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Months of inventory currently sits near 5.1 months, combining the number of active listings with the recent selling rate; in practical terms, this means there is more selection on the market, and some listings may take longer to secure a buyer
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In this context, “not sold” captures listings that were terminated, expired, or withdrawn without reaching a firm sale, which helps distinguish between properties that successfully completed the moving process and those that left the market for other reasons.
Buying Pattern
The Buying Pattern chart shows how many apartment sales in Patterson were completed in each of the last 12 months, including 11 full months plus the current month-to-date, so you can see how activity has moved through the year between 2025-05-31 and 2026-05-31.
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The busiest months for closed apartment sales over this period were Oct 2025 and May 2026, where the bar heights sit at the top of the chart for this 12-month window.
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On the quieter side, months such as Feb 2026 sit closer to the bottom of the chart, illustrating periods where fewer apartment sales were recorded.
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Across the 12-month window, monthly closed sales ranged from about 0 to 4 deals, for a total of 26 completed sales. That lines up with the monthly selling rate of roughly 2.2 sales per month shown in the broader odds-of-selling view.
Price vs. Square Footage
The Price vs. Square Footage chart focuses on the last three months of apartment sales in Patterson, plotting each sale by interior size on the horizontal axis and sold price on the vertical axis. A trend line is overlaid to summarize how sale prices have tended to move as square footage changes in this recent sample.
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Recent closed apartment sales in this view span from around 891.9 sq. ft. through to roughly 1,792 sq. ft., and within that range the trend line suggests a fairly strong relationship where higher square footage has recently been associated with higher sale prices.
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On this chart, most recent apartment sales fall into a familiar size range for this community. That gives a practical sense of how buyers have been valuing extra square footage in everyday day-to-day trades. This view is based on about 8 sales over the most recent three-month period.
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Taken together with the average sold price of roughly $405,096 over the full 12-month window, the chart can be used as a directional guide: you can locate a home's square footage on the horizontal axis, follow it up toward the trend line, and get a sense of where similar recent sales have been concentrating on the price scale.
Key Takeaways
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Listing outcomes: Over the last 12 months, roughly 61.9% of apartment listings in Patterson have either sold or are currently pending, while the remainder were withdrawn or expired. That makes it important to align pricing and preparation with where most successful sales have been landing on the charts.
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Seasonal rhythm: Months such as Oct 2025 and May 2026 have carried more closed sales, while periods like Feb 2026 have been quieter. That pattern is helpful context when deciding whether to aim for a higher-activity window or work within a slower part of the calendar.
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Size and pricing: Within the recent three-month sample, apartment sales from roughly 891.9 to 1,792 sq. ft. show a fairly strong relationship where higher square footage has recently been associated with higher sale prices. When estimating value for a specific home, it helps to pair that chart with the most similar recent comparables in terms of size, features, and condition.
Other Property Types in Patterson
Market activity in Patterson can vary significantly by property type. While apartment homes show specific absorption rates, you may find different trends in the detached home market, the semi-detached home market or the row home market, which often appeal to a different buyer demographic.
Considering a Move?
If Patterson is on your radar and you’d like a grounded take on how the apartment market is behaving right now, I can help you sort out your best next steps.
Buying: I’ll help you zero in on the right opportunities, compare the numbers, and move with confidence in the Patterson apartment market.
Selling: I’ll help you read the demand signals, tune pricing properly, and highlight the features that move buyers in this part of Patterson.
Want clear guidance shaped around your goals and timeline?
Let’s talk.
Previous Market Updates
Use the archive below to review earlier monthly snapshots for this market.
