Navigating Calgary’s 2025 Housing Market: What Buyers & Sellers Need to Know
As a Calgary Realtor, I’ve been keeping a close eye on our housing market’s latest trends. Whether you’re looking to buy, sell, or invest, understanding these shifts can help you make the best real estate decisions. Let’s dive into what’s happening in Calgary’s market and what it means for you!
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Attention: Calgary’s Market Is Changing
Calgary’s real estate landscape is transitioning as we move into 2025. Market activity has slowed compared to last year, but home values remain steady.
📉 Sales Decline – Home sales dropped 19% year-over-year, totaling 1,721 units in February.
📈 Home Prices Hold Steady – Despite the slowdown in sales, Calgary’s average home price increased by 5.1%, reaching $612,838 in February.
🏡 Inventory Growth – More homes are hitting the market, offering buyers increased choices.
These shifts suggest that we are moving toward a more balanced market—where neither buyers nor sellers have a distinct advantage.
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Interest: What’s Driving These Market Trends?
Several key factors are shaping Calgary’s real estate market this year:
1. Economic Uncertainty
Ongoing economic fluctuations, including tariff threats and inflation concerns, have impacted consumer confidence. This has led to a slowdown in buyer activity, despite relatively stable home values.
2. Inventory & Supply Levels Are Increasing
Compared to last year, Calgary’s housing inventory has grown significantly. As of March 2025:
• Total inventory: 5,154 homes (+30% year-over-year)
• Months of supply: 2.4 months (up from under 2 months last year)
More supply means buyers have more options, and sellers may need to adjust expectations around pricing and market timing.
3. Price Trends Vary by Property Type
• Detached homes – Prices are up 5% year-over-year, with a benchmark price of $769,800.
• Semi-detached homes – Prices remain 5% higher than last year, averaging $691,900.
• Row homes – Prices increased by 2%, but remain below peak levels from last June.
• Condominiums – Prices are 3% higher than last March, but have softened compared to their peak in August 2024.
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Desire: What This Means for Buyers & Sellers
For Buyers: More Choices, Less Pressure
✅ More inventory means more selection – Unlike last year’s intense bidding wars, buyers now have time to explore their options.
✅ Interest rates may soften – If borrowing rates drop in the coming months, it could make homeownership more affordable.
✅ Certain property types are still competitive – Homes under $700,000 continue to see tight supply, making them prime targets for buyers looking to move quickly.
For Sellers: Pricing & Strategy Matter More Than Ever
✅ Price your home competitively – Overpricing could cause your listing to sit on the market longer.
✅ Marketing is key – Professional photos, virtual tours, and staging can help attract serious buyers.
✅ Higher-priced homes may take longer to sell – Homes above $800,000 are seeing higher inventory levels, shifting conditions toward buyers.
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Action: How to Navigate This Market
The best way to succeed in Calgary’s 2025 housing market is to stay informed and work with a knowledgeable Realtor (like us!). Here’s what you can do next:
📌 Thinking of buying? Let’s set up a home search tailored to your needs. I’ll help you find the right home at the right price.
📌 Selling your home? We’ll provide a custom market analysis and strategy to get you the best possible price.
📌 Just curious about market trends? I’m happy to chat and provide insights specific to your community.
The Calgary market is always evolving, and whether you’re buying or selling, I’m here to help you make the most informed decision.
📞 Get in touch today!