The March 2025 housing statistics from the Calgary Real Estate Board (CREB®) reflect a market transitioning toward balance. While overall sales declined by 18.8% year-over-year — totaling 2,159 units — Calgary’s real estate market is not in decline. It’s simply shifting gears.

What’s Happening in the Market?

- Over 4,000 new listings entered the market in March — a 26.7% increase year-over-year
- Inventory jumped 102.4% compared to March 2024, reaching 5,154 units
- The benchmark home price held steady at $592,500, a 0.1% increase from last year
- Detached homes saw price gains, with the benchmark rising to $769,800 — up 4% from March 2024

For homeowners priced under $700,000, conditions remain tight, with under two months of supply — an ideal environment to maximize your return. For higher-end properties above $800,000, we’re seeing more balanced conditions with increased buyer flexibility and longer marketing windows.

What This Means for Sellers: With inventory improving, pricing correctly and preparing your home for market has never been more important. The window to capitalize on strong pricing while competition is still manageable is now.

What About Buyers and Investors? With months of supply climbing and average days on market rising to 29, buyers and investors have more room to explore options and negotiate. This creates more balanced conditions that benefit all parties.

💡 Thinking of selling your Calgary home? Let’s talk strategy and determine the best time to make your move.

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