Mahogany Homes for Sale

Lake community in southeast Calgary between Cranston and Auburn Bay. Active listings are below — verified MLS® sold charts by home type are under the search.

Current Mahogany MLS® Listings

Search active homes for sale in Mahogany.

Mahogany average home prices are dropping

MLS® averages through June 15, 2026 show detached down about $34,682 and townhomes down about $37,501 since 2024. See detached, townhomes, and semi-detached in the chart.

DetachedTownhomesSemi-detachedApartments (1 bed)Apartments (2 bed)

Type	2024	2025	2026
Detached	$874,693	$829,468	$840,011
Townhomes	$522,396	$541,608	$484,895
Semi-detached	$647,604	$643,724	$618,446
Apartments (1 bed)	$374,243	$336,751	$306,986
Apartments (2 bed)	$610,263	$603,998	$635,192

Detached

2024$874,693

2025$829,468

2026$840,011

Townhomes

2024$522,396

2025$541,608

2026$484,895

Semi-detached

2024$647,604

2025$643,724

2026$618,446

Apartments (1 bed)

2024$374,243

2025$336,751

2026$306,986

Apartments (2 bed)

2024$610,263

2025$603,998

2026$635,192

Mahogany homes are taking longer to sell than in 2025

Average days on market picked up in 2026 vs 2025 — especially apartments (1 bed) averaged 70 days in 2026 vs 65 in 2025 and apartments (2 bed) averaged 81 days in 2026 vs 60 in 2025. Chart includes 2024 for context; segments move at different speeds year to year.

DetachedTownhomesSemi-detachedApartments (1 bed)Apartments (2 bed)

Type	2024	2025	2026
Detached	31 days	35 days	35 days
Townhomes	38 days	76 days	62 days
Semi-detached	26 days	35 days	36 days
Apartments (1 bed)	35 days	65 days	70 days
Apartments (2 bed)	34 days	60 days	81 days

Detached

202431 days

202535 days

202635 days

Townhomes

202438 days

202576 days

202662 days

Semi-detached

202426 days

202535 days

202636 days

Apartments (1 bed)

202435 days

202565 days

202670 days

Apartments (2 bed)

202434 days

202560 days

202681 days

Mahogany sellers are closing further below list than in 2025

Average sold price ÷ original list price — 100% means sold at list. 2026 vs 2025: townhomes at 95.8% in 2026 vs 98.1% in 2025; semi-detached at 97.3% in 2026 vs 98.5% in 2025; apartments (2 bed) at 94.0% in 2026 vs 95.7% in 2025. Chart includes 2024 for context.

DetachedTownhomesSemi-detachedApartments (1 bed)Apartments (2 bed)

Type	2024	2025	2026
Detached	98.3%	97.7%	97.3%
Townhomes	100.5%	98.1%	95.8%
Semi-detached	100.2%	98.5%	97.3%
Apartments (1 bed)	98.8%	94.8%	94.7%
Apartments (2 bed)	97.7%	95.7%	94.0%

Detached

202498.3%

202597.7%

202697.3%

Townhomes

2024100.5%

202598.1%

202695.8%

Semi-detached

2024100.2%

202598.5%

202697.3%

Apartments (1 bed)

202498.8%

202594.8%

202694.7%

Apartments (2 bed)

202497.7%

202595.7%

202694.0%

Sold prices and tax assessments are relatively close in Mahogany

140 sales through June 15, 2026 included assessed values on the MLS® record.

Detached

Avg sold$868,044

Avg assessed$914,590

Sold ÷ assessed94.9%

94 sales with assessment on file

Townhomes

Avg sold$542,200

Avg assessed$579,091

Sold ÷ assessed93.6%

11 sales with assessment on file

Semi-detached

Avg sold$618,572

Avg assessed$630,472

Sold ÷ assessed98.1%

18 sales with assessment on file

Apartments (1 bed)

Avg sold$350,500

Avg assessed$383,375

Sold ÷ assessed91.4%

4 sales with assessment on file

Apartments (2 bed)

Avg sold$647,485

Avg assessed$724,923

Sold ÷ assessed89.3%

13 sales with assessment on file

Type	# sold	Avg sold	Avg assessed	Sold ÷ assessed
Detached	94	$868,044	$914,590	94.9%
Townhomes	11	$542,200	$579,091	93.6%
Semi-detached	18	$618,572	$630,472	98.1%
Apartments (1 bed)	4	$350,500	$383,375	91.4%
Apartments (2 bed)	13	$647,485	$724,923	89.3%

What you need to know to buy or sell in Mahogany

These charts are built from verified MLS® sold data — real closed sales in Mahogany, not asking prices or online estimates.

Each section shows a different piece of the market: average sold price, how long homes took to sell, whether sellers got their list price, and how sold prices compare to tax assessments. Numbers are split by detached, townhomes, and semi-detached, year by year.

A category is only shown when there were enough sales that year to produce a fair average.

Footnotes — sales volume: Detached: 233 in 2024, 249 in 2025, 122 in 2026; Townhomes: 39 in 2024, 63 in 2025, 19 in 2026; Semi-detached: 54 in 2024, 45 in 2025, 24 in 2026; Apartments (1 bed): 21 in 2024, 24 in 2025, 7 in 2026; Apartments (2 bed): 72 in 2024, 80 in 2025, 28 in 2026 (through June 15, 2026).

2026 sold vs assessed sample: Detached (94 with assessed value on file); Townhomes (11 with assessed value on file); Semi-detached (18 with assessed value on file); Apartments (1 bed) (4 with assessed value on file); Apartments (2 bed) (13 with assessed value on file).

Source: MLS® sold data (Pillar 9 / CREB®), Mahogany, Calgary. Includes apartments where enough sales support a fair average.

Mahogany Real Estate

Mahogany is known for its lake, beach club, and family-oriented detached homes — with townhomes and apartments in the mix. Buyers often compare it to Cranston, Auburn Bay, Legacy, and McKenzie Towne. The charts below use local sold data — not a citywide average — when you're pricing or making an offer.

Selling? See how tax assessment compares to market value or what your home is worth.

Get Help With Mahogany Real Estate

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Jason Todd | Calgary REALTOR® | (403) 255-5555 | jasontodd.ca

Also shopping nearby? Auburn Bay, Cranston, McKenzie Towne, Rangeview, Seton, Legacy, New Brighton, McKenzie Lake.