🔻 Sales Dip Due to Uncertainty

In March 2025, home sales in Calgary dropped 19% year-over-year, reaching 2,159 units. Economic concerns, including global tariff threats, have shaken buyer confidence. However, sales are still stronger than in the 2015–2020 period.

🏘️ Inventory Grows, Market Shifts to Balance

Over 4,000 new listings in March helped increase inventory to 5,154 units. This pushed the sales-to-new-listings ratio down to 54%, signaling a more balanced market after years of seller dominance.

💰 Prices Hold Steady

The benchmark home price in Calgary for March was $592,500, staying flat month-over-month. Detached and semi-detached homes continue to see slight price increases, while apartment and row homes remain slightly below last year's peaks.

🏡 Detached Homes

• Sales: 1,035 units (⬇️ 10% YoY)
  
  

• Benchmark Price: $769,800 (⬆️ 4% YoY)
  
  

• Market is tightening below $700K but becoming balanced above $800K.

🏠 Semi-Detached Homes

• Benchmark Price: $691,900 (⬆️ 5% YoY)
  
  

• More listings have increased inventory, slowing price growth.

🏢 Row Homes

• Benchmark Price: $454,000 (⬆️ 2.1% YoY)
  
  

• Inventory improved significantly, especially in NE, N, and SE Calgary.

🏙️ Condo Apartments

• Benchmark Price: $336,100 (⬆️ 2.6% YoY)
  
  

• Sales dropped the most among all types, but prices remain higher than last March.

🌆 Regional Highlights

• Airdrie: Prices up to $544,900 (⬆️ 1% YoY); market shifting toward balance.
  
  

• Cochrane: New record-high price of $587,500 (⬆️ 5.6% YoY); despite stable sales.
  
  

• Okotoks: Prices hit a record $630,300 (⬆️ 3.7% YoY); inventory still tight.