Calgary Real Estate in 2025: 1st Quarter Market Review

We’ve been experiencing a changing market since the start of the New Year. We noticed that certain properties are still selling quickly and even going into multiple offer situations, while some listings have been sitting on the market for months with little activity.

Q1 2025 Real Estate Stats – Calgary at a Glance

Based on the first quarter statistics, single-family homes continue to see a rise in benchmark prices. In December 2024, the benchmark price was $747,500, and by March 2025, it had increased to $769,800—that’s a 3% increase in just three months, and a 4% increase compared to March last year. However, when we look at sales volume, only 2,472 detached homes sold in the past…

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