📉 Calgary Real Estate Market Update – May 2025
Residential sales eased 17% year-over-year, mainly due to a slowdown in the apartment condo sector. But here’s the silver lining: sales are still 11% above long-term May trends and inventory gains are helping the market shift into more balanced territory.
🏡 Detached and semi-detached home prices remain stable and higher than last year, while increased supply in apartments and row homes is putting slight pressure on prices.
📊 Benchmark price: $589,900
📦 Months of supply: 2.6 (balanced market)
“Easing sales and rising inventory are creating healthier market dynamics and taking pressure off prices,” says Ann-Marie Lurie, CREB® Chief Economist.
➡️ Want to know how this impacts your buying or selling plans? Give me a call
📱403-585-5362
✏️Data sourced from Calgary Real Estate Board.
Looking for Community market stats, information, schools…
Southwest Calgary Communities
Southeast Calgary Communities
Central Calgary Communities
West Calgary Communities
Northwest Calgary Homes
Other Blogs:
How to Repair Dead Grass in Calgary and Bring Your Lawn Back to Life
How to Create a Pet-Friendly Backyard (even if your don’t own a pet)
How to Create Privacy in Your Backyard (with and without trees)
10 Signs You Have Too Much Stuff and Not Enough Space (And What to Do About it)
How to Downsize Your Home: A Step-by-Step Guide (without the stress)
Downsize or Age in Place? Making the right Choice for Your Golden Years
Quick and Easy Home Improvements that Instantly Refresh your Space
Comments:
Post Your Comment: