A variety of new properties have been listed in the last seven days, showcasing a broad price spectrum. Options include apartments priced around $250,000 and detached homes ranging from $300,000 to over $7 million, with an average price of $950,776.
Give me a call and we can chat about the current real estate market and found out what your goals are.
Gerard at 403-703-5548
The trend continues - the number of active listings increased from last week however the Calgary real estate market is projected to have increased sales, balanced market conditions (moving away from a sellers market), and moderate price growth. Demand is expected to remain above long-term trends, supported by a growing population, employment, lower mortgage rates and a supply of new and older homes.
Record-high new construction levels are adding supply to the market, contributing to an increase in resale listings. As more new homes are completed in 2025, the overall supply is projected to grow. This will offer a wide range of homes for prospective buyers to choose from.
If you are considering a ‘new build’, I can help you with that. The builder has a professional real estate professional representing their interests; you deserve the same.
Throughout my career, I have assisted many clients through this process. On their behalf, I have negotiated a better bottom line or purchase price with improvements and upgrades to the final purchase agreement.
Give me a call and we can chat!
In the Calgary real estate market over the past week, detached home prices saw a 5% increase year-over-year, while semi-detached homes saw a 4% increase, and townhouse prices decreased by 1.8%.
Here's a more detailed breakdown:
Detached Homes:
The average sold price for detached homes increased by 5% compared to March 2024, reaching $839,232.
Semi-Detached Homes:
The average sold price for semi-detached homes increased by 4% compared to March 2024, reaching $714,727.
Townhouses:
The average sold price for townhouses decreased by 1.8% compared to March 2024, reaching $471,953.
Condo Apartments:
The average sold price for condo apartments increased by 4% compared to March 2024, reaching $354,989.
Monthly Home Sales:
Calgary's monthly home sales saw a 19% yearly decline, with 2,159 homes sold
April 1, 2025
Uncertainty weighing on housing market.
Ongoing economic uncertainty, driven by tariff threats, has weighed on consumer confidence and impacted housing activity in March. Sales declined by 19 per cent year-over-year, totaling 2,159 units. Sales slowed across all property types, with the steepest declines seen in higher-density segments.
“It is not a surprise to see a pullback in sales given the uncertainty,” said Ann-Marie Lurie, Chief Economist at CREB®. “However, it is important to note that sales still remain stronger than anything reported throughout 2015 to 2020, where our economy faced significant economic challenges and job loss. Nonetheless, easing demand has been met with gains in new listings and rising inventories, helping our market shift back toward balanced conditions, following four consecutive years where the market favoured the seller.”
March reported over 4,000 new listings, causing the sales-to-new-listing ratio to drop to 54 per cent, low enough to support further inventory gains. Total residential inventory levels reached 5,154 units, and the months of supply pushed up to 2.4 months. While this is a significant change from last year, with limited supply options across all property types and price ranges, conditions reflect a better balance between a seller and a buyer today. However, the market significantly varies depending on location, price point, and property type.
Improving supply has taken the pressure off home prices following the steep gains reported over the previous four years. In March, the unadjusted residential benchmark price reached $592,500, relatively stable compared to both last month and prices reported last March. Both detached and semi-detached prices remain consistent with peak prices and continue to rise, while apartment and row-style homes continue to report prices slightly lower than last year's peak.
To read the full report, go to: https://www.creb.com/News/Media_Releases/2025/April/March_2025_stats/
Each week, the number of active listings is on the rise. This trend indicates a shift towards a more balanced environment for buyers, offering them a greater variety of options that align with their preferences.
Thinking of selling? I would suggest acting sooner than later before the spring rush.
Thinking of buying? There are many options for you to consider in a variety of price points.
Give me a call and we can chat about your situation and the current real estate market.
Gerard at 403-703-5548
Homeowners - you may be unknowingly sabotaging your home’s resale value. 😳 Here some some things that you should considering when considering making some improvements . . . .! Making solid practical solutions before you list your home will ultimately get you the best dollar! Give me a call and I can help you decide what projects you should consider!
#alwaystherightcall #realestatetips2025 #buyersandsellersagent #homesforsalecalgary
As anticipated, the number of listings in the City of Calgary continue to increase week over week. This upward trend reflects a bustling real estate market, influenced by a variety of factors such as a growing population, economic opportunities, and a renewed interest in urban living. Buyers and sellers alike are keenly observing these changes, with many eager to seize opportunities in this dynamic environment. As the city expands, new neighborhoods are emerging, each offering unique features and amenities that cater to diverse preferences and lifestyles. Whether you're looking for a vibrant downtown experience or a serene suburban setting, Calgary's real estate landscape is full of potential and promise.
Whether you are upsizing or downsizing, I can help. Give me a call and we can discuss your real estate needs and next steps.
Gerard at 403-703-5548
This home is breathtaking, and the location is remarkable. WELCOME HOME to Valley Ridge, featuring a beautifully upgraded walk-out bungalow that backs SOUTH onto a lush, treed ravine with stunning views. This executive residence boasts impressive curb appeal with its elegant stone exterior, complemented by a cozy sitting area adorned with an interlocking brick patio and a detailed cedar privacy screen. The open concept living area showcases sleek cherrywood kitchen cabinets and exquisite Brazilian cherry floors, highlighted by soaring vaulted ceilings and large windows that flood the space with natural light. The thoughtfully designed kitchen is a chef's dream, equipped with a skylight, gas stove, granite countertops, stainless steel appliances, and the added convenience of a walkthrough pantry leading to a spacious laundry/mudroom. The living room features a striking floor-to-ceiling stone fireplace that is sure to capture your attention, while the dining nook offers access to the patio door leading to a generous balcony. The primary suite is a true retreat, featuring 11-foot tray ceilings, a ceiling fan, a walk-in closet, and an ensuite bathroom complete with a soaking tub, separate shower, and dual vanities. The main floor also includes an office and a half bath. On the walk-out level, you’ll find two generously sized bedrooms, a full 4-piece bathroom, and a large games/rec room with a cozy gas fireplace. The backyard is beautifully landscaped, equipped with underground sprinklers, slate walkways, and a gate leading to the ravine and pathways. The upper deck offers breathtaking views of the ravine and includes a gas BBQ line and retractable awnings. Additionally, the oversized double attached garage is insulated and drywalled, featuring overhead storage for added convenience. This exceptional home is ideally located with easy access to bus stops and amenities, and offers quick routes to the mountains, downtown, or north and south of the city. Valley Ridge is a vibrant and active community that thrives throughout the year.
Being realistic about your budget is crucial, and you might need to make some compromises to find a home that suits your financial situation. Although everyone has their dream location, being willing to consider various neighborhoods or regions can broaden your choices and may lead to discovering an excellent home in an unforeseen area. It's uncommon to find a property that fulfills every single item on your wish list.
As we celebrate Family Day, I want to take a moment to extend my warm wishes to you and your loved ones for a fantastic day filled with joy, laughter, and cherished moments together.
Low Inventory equates to a GOOD TIME TO SELL!
Give me a call or text and we can chat about next steps.
Gerard at 403-703-5548