Calgary Real Estate Market Recap: April 2023 - 2025
Over the last three Aprils, Calgary’s real estate market has undergone noticeable transformations. Whether you're browsing pre-construction homes in Calgary or looking at resale listings, this recap reveals key insights into price movements, listing volume, and demand across all housing categories.
Market Overview (All Property Types)
| Measure | April 2023 | April 2024 | April 2025 | % Change (2025 vs 2024) |
|---|---|---|---|---|
| Total Sales | 2,686 | 2,876 | 2,235 | -22.29% |
| New Listings | 3,133 | 3,491 | 4,038 | 15.67% |
| Active Listings | 3,250 | 2,750 | 5,906 | 114.76% |
| Benchmark Price | $545,100 | $599,500 | $591,100 | -1.40% |
| Median | $500,940 | $566,250 | $590,000 | 4.19% |
| Average Price | $548,583 | $608,535 | $646,741 | 6.28% |
| Days on Market | 24 | 20 | 29 | 45.00% |
Detached Homes
Inventory for pre-construction detached homes in Calgary is growing, while resale detached homes in Calgary remain in demand despite slightly reduced sales. Have a look into resale numbers for detached homes:
| Metric | April 2023 | April 2024 | April 2025 | % Change |
|---|---|---|---|---|
| Total Sales | 1,303 | 1,318 | 1,102 | -16.39% |
| New Listings | 1,479 | 1,629 | 1,907 | 17.07% |
| Active Listings | 1,474 | 1,235 | 2,534 | 105.18% |
| Benchmark Price | $662,500 | $751,200 | $769,300 | 2.41% |
| Median | $655,000 | $725,000 | $725,000 | 0.00% |
| Average Price | $728,323 | $796,830 | $839,250 | 5.32% |
| Days on Market | 22 | 19 | 25 | 31.58% |
Townhomes
With high inventory and growing prices, pre-construction townhomes in Calgary are gaining traction. On the other hand, resale townhomes in Calgary saw declining sales in April 2025.
| Metric | April 2023 | April 2024 | April 2025 | % Change |
|---|---|---|---|---|
| Total Sales | 416 | 482 | 355 | -26.35% |
| New Listings | 438 | 520 | 695 | 33.65% |
| Active Listings | 399 | 347 | 1,007 | 190.20% |
| Benchmark Price | $379,200 | $455,000 | $457,400 | 0.53% |
| Median | $385,000 | $462,750 | $470,000 | 1.57% |
| Average Price | $399,780 | $472,579 | $486,708 | 2.99% |
| Days on Market | 22 | 19 | 30 | 57.89% |
Semi-Detached Homes
Resale semi-detached homes in Calgary are showing slight price drops, while demand is stabilizing for pre-construction homes in Calgary with improved listing volume.
| Metric | April 2023 | April 2024 | April 2025 | % Change |
|---|---|---|---|---|
| Total Sales | 233 | 254 | 189 | -25.59% |
| New Listings | 266 | 293 | 350 | 19.45% |
| Active Listings | 287 | 212 | 489 | 130.66% |
| Benchmark Price | $590,200 | $667,700 | $691,700 | 3.59% |
| Median | $530,000 | $628,000 | $620,000 | -1.27% |
| Average Price | $601,825 | $698,281 | $695,282 | -0.43% |
| Days on Market | 25 | 22 | 25 | 13.64% |
Condos
Pre-construction condos in Calgary are addressing the increased demand with more listings. Meanwhile, resale condo options continue to provide budget-friendly alternatives.
| Metric | April 2023 | April 2024 | April 2025 | % Change |
|---|---|---|---|---|
| Total Sales | 734 | 822 | 589 | -28.35% |
| New Listings | 950 | 1,049 | 1,086 | 3.53% |
| Active Listings | 1,090 | 956 | 1,876 | 96.23% |
| Benchmark Price | $284,500 | $335,500 | $336,000 | 0.15% |
| Median | $272,250 | $330,000 | $327,500 | -0.76% |
| Average Price | $296,940 | $358,612 | $367,442 | 2.46% |
| Days on Market | 27 | 23 | 36 | 56.52% |
Browse Resale Listings by Area in Calgary
Sources:
https://www.creb.com/Housing_Statistics/Daily_Housing_Summary/
https://www.creb.com/Housing_Statistics/Daily_Housing_Summary/?tab=2
https://www.creb.com/Housing_Statistics/Daily_Housing_Summary/?tab=3
https://www.creb.com/Housing_Statistics/Daily_Housing_Summary/?tab=4
https://www.creb.com/Housing_Statistics/Daily_Housing_Summary/?tab=5
