Calgary Real Estate Market Overview – April 2025
As of April 2025, Calgary’s residential real estate market is showing an important trend: a significant number of active listings are seeing price reductions, while sales remain steady but slower than in past months. This reflects a more competitive market where motivated sellers are adjusting prices to attract buyers. Let’s explore the key numbers and what they mean for both buyers and sellers.
Key Market Highlights
Price Reductions by Property Type
- Detached Homes: 689 of 2,014 active listings (34%) saw price reductions.
- Apartments: 600 of 1,704 active listings (35%) had price reductions.
- Row Homes: 242 of 816 active listings (30%) were reduced.
- Semi-Detached Homes: 138 of 389 active listings (35%) saw reductions.
Sales Activity – Absorption Rates
Detached Homes:
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30-Day Sales: 1,120 units (56% of active listings).
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60-Day Sales: 2,022 units.
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90-Day Sales: 2,800 units.
Apartments:
- 30-Day Sales: 567 units (33% of active listings).
- 60-Day Sales: 1,092 units.
- 90-Day Sales: 1,543 units.
Row Homes:
- 30-Day Sales: 406 units (50% of active listings).
- 60-Day Sales: 771 units.
- 90-Day Sales: 1,054 units.
Semi-Detached Homes:
- 30-Day Sales: 190 units (49% of active listings).
- 60-Day Sales: 376 units.
- 90-Day Sales: 545 units.
What This Data Tells Us
For Sellers
- Price reductions are common across all property types, showing that many sellers are adjusting expectations to meet buyer demand.
- Detached and semi-detached homes are selling faster than apartments, but sellers should prepare for potential negotiations.
- Correct pricing upfront is critical to avoid long market times and future reductions.
For Buyers
- More inventory and price reductions mean increased bargaining power.
- Apartments and semi-detached homes offer especially good opportunities for negotiation.
- Buyers who can act decisively on well-priced properties may secure strong value before potential interest rate cuts later in the year.
What’s Ahead?
Calgary’s market is stabilizing but remains competitive. While sales continue at a healthy pace, the number of unsold listings and price reductions suggest that pricing strategy is becoming the most important factor for sellers. For buyers, this is an excellent time to negotiate while more choices are available.
Work with Greater Calgary Real Estate
If you’re considering buying, selling, or simply want to understand how these market trends affect your goals, contact the team at Greater Calgary Real Estate today. Our experts can provide detailed insights and help you navigate Calgary’s evolving market with confidence.
