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Market report · April 2025

Calgary housing market: April 2025

The benchmark sale price in Calgary in April 2025 was $589,200, down 1.3% year over year. 2,230 homes sold against 4,037 new listings — 2.6 months of supply, a balanced market.

Benchmark price
$589,200
▼ -1.3% year over year
Homes sold
2,230
▼ -22.4% year over year
New listings
4,037
▲ +15.7% year over year
Inventory
5,868
▲ +116.1% year over year
Months of supply
2.6
balanced market
Sales to new listings
—
of new listings sold

What happened in April 2025

Calgary recorded 2,230 sales in April 2025, 22.4% fewer than the same month a year earlier. Sellers brought 4,037 new listings to market, leaving 5,868 properties in inventory — 116.1% more than a year ago. At the month's pace of sales that is 2.6 months of supply, which puts Calgary in a balanced market.

The benchmark price across all property types was $589,200, down 1.3% year over year and down 0.2% on the month. By property type, semi-detached homes were the strongest year over year at +3.2%, and apartment the weakest at +0.2%.

The two years to April 2025

$559k$572k$586k$599kMay 23Oct 23Mar 24Aug 24Jan 25Apr 25

By property type

TypeBenchmark priceYoYSoldNew listingsInventoryMonths of supply
Detached$766,300+2.4%1,0981,9072,5122.3
Semi-detached$688,800+3.2%1883504852.6
Row / townhouse$455,000+0.7%3556941,0032.8
Apartment$330,800+0.2%5891,0861,8683.2
All types$589,200-1.3%2,2304,0375,8682.6

Source: the Calgary Real Estate Board, Calgary, April 2025.

What this means for your mortgage

Market conditions shape the negotiation; your income, debts and the stress test decide what you can actually borrow. If you're planning a purchase in Calgary, get the financing settled first — run your numbers, check today's rates, or start an application and we'll tell you exactly where you stand.

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