Calgary’s April 2025 Housing Market: The Key Takeaways
Calgary’s real estate landscape is shifting, and savvy sellers need to adapt. Let’s unpack CREB’s latest data and what it means for you:
Sales Slowdown:
Home sales dropped 22% year-over-year to 2,236 units.
Apartments (-30%) and row homes (-16%) saw the steepest declines.
Why it matters: Buyers have more options now—your home needs to shine.
Inventory Surge:
New listings jumped 15.7%, with total inventory hitting 5,876 units—more than double 2024’s levels.
Why it matters: Competition is rising. Strategic pricing and marketing are critical.
Price Stability:
City-wide benchmark price held steady at $591,100 (-1.4% YoY).
Detached homes (769,300)andsemi−detachedhomes(769,300)andsemi−detachedhomes(691,700) saw modest gains.
Apartments (336,000)androwhomes(336,000)androwhomes(454,000) stabilized after earlier declines.
Market Balance:
With 3 months of supply, Calgary is now a balanced market.
Exception: Affordable homes under $500K remain competitive.
What This Means for Sellers:
While demand has softened, Calgary’s stable economy and migration trends keep activity above pre-pandemic levels. To succeed, you’ll need a data-driven pricing strategy, standout marketing, and an agent who understands how to attract serious buyers.
Final Thoughts for Calgary Sellers
The April 2025 market isn’t a cause for panic—it’s a call to action. With the right strategy, you can still sell quickly and profitably.
3 Quick Tips Before You List:
Audit Your Online Presence: Google your address. Does your listing stand out?
Refresh Your Curb Appeal: Trim hedges, repaint the front door, and add seasonal flowers.
Partner with a Savvy Realtor: In a high-inventory market, visibility is everything.
Ready to Sell? 🏡
*Contact Don Wong today for a FREE home valuation and a customized marketing plan tailored to Calgary’s 2025 market.*
📧 Email: don@donwong.ca