Calgary home prices

Calgary Home Prices DROP – July 2025 Housing Market Report

TL;DR: Calgary home prices in July 2025 saw a shift, with detached and semi-detached markets holding steady while row and condo prices show signs of softening. Buyers have more choice, sellers need sharper pricing strategies.

Frequently Asked Questions (FAQ)

Q: Are Calgary home prices actually dropping in July 2025?
Yes — while detached and semi-detached homes are still holding their value, row homes and condos are seeing downward price pressure.

Q: Is now a good time to sell my Calgary NW home?
If you own detached or semi-detached in Calgary NW, the market remains strong. Pricing right is key. For condos and row homes, acting sooner may help you avoid further price softening.

Q: What’s driving the July 2025 price changes?
An increase in inventory, seasonal slowing, and more cautious buyers are creating a shift. Detached demand is still fueled by relocations and tight supply, but other property types are more negotiable.

📹 Watch the Full July 2025 Calgary Market Update

Calgary NW - Jay Schultz discusses the options for buyers in the community

Calgary NW Housing Market Snapshot – July 2025

If you live in, or are looking to buy in Calgary NW, you’ll want to pay close attention to how your property type is performing. Detached homes in communities like Tuscany, Brentwood, and Edgemont are still selling quickly, especially those priced well and in move-in ready condition.

Semi-detached homes in areas such as Capitol Hill and Mount Pleasant are seeing steady activity, often attracting upsizing buyers from condos.

Row and condo markets, however, are feeling the most pressure — with days on market lengthening and more price reductions, particularly in entry-level complexes.

July 2025 Benchmark Prices in Calgary

  • Detached: Steady pricing in most NW communities, driven by relocation demand and lifestyle buyers.
  • Semi-Detached: Holding value, but competitive pricing still important.
  • Row Homes: Slight decline month-over-month; buyers have more options.
  • Condos: Largest percentage drop, with motivated sellers adjusting to compete.

Why Buyers Should Pay Attention

For buyers, July 2025 is a window of opportunity — particularly in the row and condo market. More inventory means more negotiating room and a better selection of properties. Detached buyers in NW Calgary should still expect competition for well-priced homes, especially in family-friendly communities.

Why Sellers Need to Act Strategically

If you’re selling in Calgary NW, pricing is everything right now. Overpricing in this market could lead to sitting on the market longer, which often means eventual price reductions.

Homes that are staged, professionally marketed, and priced competitively are still selling quickly — especially detached and semi-detached properties in desirable neighbourhoods.

July home prices drop in Calgary and Sellers in Calgary NW get options provided by Jay Schultz, Calgary realtor

Calgary NW Communities to Watch

  • Tuscany: Strong family demand keeps detached prices competitive.
  • Brentwood: Proximity to schools and transit fuels steady sales.
  • Edgemont: Large lots and mature landscaping remain a draw.
  • Arbour Lake: Lake access keeps this community in high demand year-round.

Final Thoughts

The July 2025 Calgary housing market is a mixed bag — strong for detached and semi-detached, softer for row and condos. Whether you’re buying or selling in Calgary NW, the key is understanding your specific property type and pricing accordingly.

If you’d like a detailed breakdown of what your home could sell for in today’s market, book a Relocation Roadmap Review or home value consultation.

Selling Homes, Building Relationships

Is your home not selling in 2025. Check these reasons why! https://youtu.be/QnJ3VxqJSNA

Buy a home in Calgary; is now the right time? (2025 Edition)

If you’ve been asking yourself whether 2025 is the right time to buy a home in Calgary, you’re not alone. With prices rising, interest rates fluctuating, and new listings getting snatched up fast, it’s easy to feel unsure.

Let’s break it down based on what’s really happening in Calgary’s real estate market right now.

TL;DR: Yes, 2025 can be a smart time to buy in Calgary—especially with inventory returning and interest rates expected to ease. But timing, prep, and area choice matter more than ever.

Market Conditions: Calgary Is Still Competitive… But Stabilizing

Over the past few years, Calgary has seen record-breaking price growth—especially in detached and semi-detached homes. But 2025 is shaping up a little differently.

  • Prices are still climbing, but not at 2022’s breakneck pace.
  • New listings are slowly increasing, giving buyers more breathing room.
  • Detached homes remain in high demand, especially in NW and SE Calgary.

If you’ve been waiting for the “crash,” it’s not happening. But a more balanced market is giving well-prepared buyers a real shot.

Interest Rates: They’re High… But Expected to Drop

It’s no secret that interest rates in early 2025 are higher than what we saw during the pandemic-era lows. But economists expect the Bank of Canada to begin rate cuts by mid-to-late 2025 if inflation continues to cool.

So what does this mean?

  • You can buy now and refinance later once rates drop.
  • Waiting for the “perfect” rate could mean paying more for the home itself.
  • Locking in a rate today could protect you from sudden changes.

Bottom line? Rates shouldn’t stop you—preparation is more important than perfection.

Inventory: Finally Some Breathing Room (But It Won’t Last)

For the first time in years, we’re seeing inventory trending up in Calgary. Builders are active, and more resale homes are hitting the market.

  • This gives buyers more choice—but also more competition.
  • Some areas like Tuscany, Mahogany, and Panorama Hills are seeing faster turnover.
  • The “sweet spot” may be now—before spring demand really takes off.

If you’re serious about buying, it’s a great time to be proactive while others are still waiting.

Renting Isn’t Getting Any Cheaper

If you’re on the fence between renting and buying in Calgary, here’s something to consider:

  • Rents have risen nearly 30% since 2022.
  • It’s now common to see 1-bedroom units going for $1,800/month or more.
  • Vacancy rates are extremely low, and bidding wars for rentals aren’t rare.

If you have the ability to buy, it’s worth crunching the numbers—your mortgage could be lower than rent, even with a higher rate.

Calgary’s Long-Term Outlook Is Strong

Here’s what makes Calgary different from other Canadian cities:

  • No PST = more spending power for homeowners.
  • Lower average home prices than Toronto or Vancouver.
  • Population growth from interprovincial migration is steady.

That means demand will continue long-term, even if things feel a bit uncertain short-term.

Frequently Asked:

Should I wait for prices to drop in Calgary?

There’s no major correction expected for 2025. While price growth may slow, Calgary’s affordability, population growth, and job market will keep driving demand. Waiting could mean missing out on today’s prices and being priced out later.

Ready to Explore Buying in Calgary?

Buying a home in 2025 doesn’t have to be overwhelming. Whether you’re just browsing or ready to take the next step, having the right guidance can make all the difference.

🔗 Let’s meet and figure out what your budget and dream home are! Book today: LINK


If you buy a home in Calgary you could get A downtown view of Calgary alberta with the calgary tower in full view.

“Selling Homes, Building Relationships”

Calgary Cost of Living 2025: Is It Still Affordable to Live Here?

TL;DR: Calgary’s cost of living in 2025 has increased, but it remains more affordable than cities like Toronto or Vancouver. Expect to budget for higher housing costs, rising rent, growing utility bills, and pricier entertainment. However, Calgary’s lack of provincial sales tax and access to lower-cost suburban communities keeps it competitive for families, professionals, and newcomers.

Is Calgary still affordable in 2025?
With housing prices up and rental rates climbing, many buyers and renters are asking this exact question. In this post, we break down the real costs of living in Calgary, from buying a home to getting a beer at Stampede.

Cowgirl in a cowboy hat drinking beer at the Calgary Stampede, representing Calgary cost of living and local entertainment in 2025.

Calgary Housing Costs in 2025

The biggest piece of the puzzle is housing. In February 2025, Calgary’s average benchmark prices hit:

For buyers, this means Calgary is still far more affordable than major Canadian cities, but it’s not immune to price increases.

Rental Prices in Calgary

For those not ready to buy, rental costs are up too:

  • 1-Bedroom Apartment: $1,728/month
  • 2-Bedroom Apartment: $2,158/month
  • Detached Rental Home (top floor): $2,112/month

Tip: Look for rentals with heat and water included—utilities can add $100+ monthly.

Calgary Property Taxes

Calgary’s 2025 property tax rate is 0.0064861. That means you’ll pay:

  • $1,621/year on a $250K home
  • $3,243/year on a $500K home
  • $4,865/year on a $750K home
  • $6,486/year on a $1M home

Compared to other provinces, Alberta’s no PST policy keeps overall taxes lower.

Entertainment: What Does Fun Cost in Calgary?

Whether you like concerts or corn dogs, fun comes at a price.

  • Movie tickets: $14–18 (up to $22 for premium)
  • Stampede admission: $23 per adult
  • Beer at the grounds: $10–13
  • Saddledome events: $60–300+ depending on seats
  • Grey Eagle concerts: $40–80 for tribute bands, comedians, or retro acts

Free events and local festivals still offer budget-friendly options!

Utilities & Internet

For a family of four, expect monthly costs like:

  • Electricity & Heat: $150–250
  • Water & Sewer: $100–130
  • Internet/Phone: $120–150
  • Waste Collection: $25 (city fee)

Pro tip: Smart thermostats can save money during Calgary’s long winters.

Is Calgary Still Affordable in 2025?

That depends on your lifestyle. Calgary offers a strong mix of city amenities, accessible suburbs, and no PST—but buyers and renters need to budget smarter than ever.

If you’re considering a move or want to explore Calgary MLS listings, reach out and I’ll help you run the numbers.

Looking to buy or sell in Calgary?
Let’s connect. I can help you navigate this market with confidence.

Reach out if you are looking at buying, selling or want to chat real estate: www.jayschultz.ca/about

→ Watch the full video here:

Calgary Real Estate Market Update – February 2025: More Listings, Fewer Sales?

TL;DR – In February 2025, Calgary saw a massive increase in new listings, with condos hitting a record high for February at 852 new listings. Total inventory surged 76% year-over-year, while sales dropped 19% compared to last year. Prices remain stable overall, but some areas saw declines. With shifting market conditions, buyers have more options, and sellers need to price strategically.

Are We Seeing a Market Shift in Calgary?

February 2025 brought some of the biggest inventory increases in recent years. New listings surged, while sales slowed down, creating a very different landscape compared to last year’s ultra-competitive market.

According to CREB’s February report, here’s where things stand:

  • 1,721 sales (↓ 19% year-over-year)
  • 4,145 active listings (↑ 76% from Feb 2024)
  • Sales-to-new-listings ratio: 61% (Still higher than pre-pandemic trends)
  • Benchmark price: $587,600 (↑ 1% YoY, stable since late 2024)

💡 What does this mean?
More listings = more choice for buyers. But sellers must be competitive with pricing and marketing.

Inventory Surge: What’s Behind It?

The major increase in new listings was most noticeable in homes priced under $500,000—particularly in condos and townhouses.

📈 Key Inventory Highlights:

  • Condos: 852 new listings (Highest EVER for February)
  • Row/Townhomes: Up 4% in new listings
  • Detached homes: New listings up 6%
  • Semi-detached: New listings up 7%

🏡 Why the increase?

  • More investors listing as prices stabilize
  • More homeowners looking to cash in
  • Rising new construction supply in condos and townhomes

💡 Buyers’ Advantage: More listings = less bidding war madness and more negotiation power.

Calgary high-rise condo building with multiple 'For Sale' and 'Price Cut' signs, representing the February 2025 Calgary real estate market shift with rising inventory and fewer sales

Calgary Real Estate Prices – Holding Steady… For Now

Despite the inventory flood, prices are still relatively stable. But some areas and property types are seeing early signs of softening.

🏠 Price Breakdown by Property Type:

  • Detached homes: $760,500 (↑ 5% YoY)
  • Semi-detached: $683,500 (↑ 7%)
  • Row/Townhomes: $446,880 (↑ 3%)
  • Condos: $334,200 (↑ 4%)

📉 Notable Trends:

  • City Centre & North Calgary saw slight price declines
  • East Calgary had the strongest price growth (↑ 3%)

💡 Sellers: Pricing high and waiting is not a winning strategy anymore.

Are We Entering a Buyer’s Market?

While inventory is up, we’re not fully in a buyer’s market yet—but we’re shifting toward more balanced conditions.

📊 Market Indicators:
✔ Sales-to-new-listings ratio is 61% (Balanced, but cooling)
✔ Months of supply at 3.1 months (Still low, but rising fast)
✔ Condo inventory jumped 90% YoY (Biggest shift so far)

What needs to happen for a true buyer’s market?

  • Inventory needs to keep rising
  • Sales need to keep slowing
  • Sellers start adjusting prices downward

If this trend continues into spring, we could see price corrections in the coming months.

What This Means for Buyers & Sellers

For Buyers 🎉

✔ More listings = More choice
✔ Less competition = Better deals possible
✔ Negotiation power is improving

🔴 What to watch: Interest rates & spring market trends.

For Sellers ⚠️

✔ Well-priced homes still sell FAST
✔ Detached homes remain in demand
✔ Marketing & presentation matter more than ever

🔴 What to avoid: Overpricing. Buyers have options now!

Expert Insight: What’s Next for Calgary’s Market?

📢 Ann-Marie Lurie, CREB’s Chief Economist:
“While supply levels are improving, adjustments are not uniform across all property types. Detached, semi-detached, and row homes remain tight, while condos are seeing growing supply pressures.”

📌 Translation:

  • Detached & townhouses = Still competitive
  • Condos = Rising supply, potential price softening

🏡 Should You Buy or Sell in 2025?
👉 Buyers: If you find a good deal, lock it in before rates change.
👉 Sellers: Price competitively, or risk sitting on the market longer.

Final Thoughts: Where Is Calgary’s Market Heading?

February 2025 showed clear signs of change:
✅ More listings than we’ve seen in years
✅ Buyers gaining leverage in some segments
✅ Prices holding—for now

💡 Spring will be the real test. If inventory keeps growing, we might finally see a shift to a true buyer’s market.

📢 What do YOU think? Will Calgary prices drop this year? Drop a comment below! 👇

Looking for more info?

Get in touch with how we can help: https://jayschultz.ca/about/

Calgary Real Estate Market Update – Jan 2025: More Homes, Less Chaos?

TL;DR – The Calgary real estate market is shifting! More homes, fewer bidding wars, but prices are holding steady. Sales are down 12%, inventory is up 68.6%, and homes are taking longer to sell. Buyers finally have options, but sellers need to be strategic with pricing. If this trend continues, Spring 2025 could be the most balanced market we’ve seen in years.

https://youtu.be/yauq3a_-6Eg

Prices Are Still Rising—But Slower

The benchmark price for Calgary is $583,000, up 2.8% year-over-year. Prices aren’t skyrocketing like before, but they’re also not dropping.

Think of it like grocery store inflation—you won’t find 2020 prices, but at least we’re not seeing another 10% spike like last year.

Calgary Benchmark Price Trends graph showing an upward trajectory over time, indicating rising home prices in the Calgary real estate market

Sales Are Down 12% – Buyers Have Time

January saw 1,451 home sales, down 12% from last year. This doesn’t mean a crash—buyers are just less frantic.

It’s like a dating app—last year, everyone swiped right instantly. This year, they’re actually reading the bios. Sellers, you need to price right and make your home stand out.

Pros and Cons of the Current Housing Market. Pros: Buyers are more selective, less competition for buyers, and more choices for buyers. Cons: Home sales are down, sellers need to adapt, and homes take longer to sell

Months of Supply Up 91.6% – Less Competition

Calgary now has 2.51 months of supply—nearly double last year. This means:
✅ Fewer bidding wars
✅ More choice for buyers
✅ Sellers need patience

Last year, buying a home was like waiting for a table at a packed restaurant. This year? There are open tables—buyers finally have choices.

Diagram exploring Calgary's real estate market dynamics, highlighting key trends: fewer bidding wars, more choices for buyers, and the need for sellers to be patient

New Listings Up 35.5% – More Homes on the Market

One of the biggest changes? More sellers are listing.

If 2024 was Black Friday at Best Buy, 2025 is Costco on a weekday—the shelves are stocked, and buyers actually have options.

Inventory Up 68.6% – Choices for Buyers

With more than double the homes available compared to last January, things are shifting. Buyers don’t have to rush, and sellers can’t expect instant offers.

Think of it like a movie theater—last year, every seat was taken. This year, you can pick where you sit.

Comparison of how buyers and sellers should approach the real estate market. Buyers are advised to take time to choose, while sellers need to adjust to longer selling times

Days on Market: 41 Days (Up 21.6%)

Homes are taking longer to sell, averaging 41 days on the market.

Sellers, breathe. I know 41 days feels like forever after last year’s frenzy, but this is normal. The market isn’t crashing—it’s just more balanced.

Final Thoughts: Market Shift, Not a Crash

📉 More inventory, fewer bidding wars, but prices are holding steady.
🏡 Sellers need to be strategic—price it right, stage it well.
🛒 Buyers finally have options—no more rushed, no-conditions offers.

CREB predicted more inventory, stable prices, and a slowdown in sales—and January’s numbers prove they were right.

If this trend continues, Spring 2025 could be the most balanced market we’ve seen in years.

💬 What do you think? Is Calgary’s market cooling or just resetting? Drop a comment below!

🔔 Stay tuned for next month’s market update!

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