05/07/2025
Calgary Real Estate Market Overview
Sales Activity
In April 2025, Calgary recorded 2,236 home sales, representing a 22.4% decrease compared to April 2024. Despite the decline, sales remained in line with long-term seasonal averages, indicating that underlying demand remains resilient.
Inventory Levels
The market saw 4,038 new listings in April—up 15.7% year-over-year—which pushed total inventory to 5,867 units. This marks a return to more balanced conditions, with months of supply rising to 2.6 months.
Pricing Trends
The benchmark price citywide was $591,100, relatively stable month-over-month and down 1.4% from April 2024.
The average home price increased 6.3% year-over-year to $646,743, reflecting sustained demand in certain market segments.
Property Type Breakdown
Detached Homes
1,102 sales (down 16.6% year-over-year)
Benchmark price: $769,300 (up 2.4%)
Average price: $839,250 (up 5.4%)
Semi-Detached Homes
190 sales (down 25%)
Benchmark price: $691,700 (up 3.6%)
Average price: $695,043 (down 0.3%)
Row/Townhouses
355 sales (down 27%)
Benchmark price: $457,400 (flat year-over-year)
Average price: $486,708 (up 3.1%)
Apartment Condominiums
589 sales (down 28%)
Benchmark price: $336,000 (up 0.2%)
Average price: $367,442 (up 2.5%). Stars from CREB
