Balanced conditions take pressure off prices

A boost in new listings this month relative to sales caused April inventories to rise to 5,876 units. Although this is more than double the number reported last year, last year’s supply was exceptionally low, and current inventory levels are consistent with what we typically see in April. April sales reached 2,236 units—22 per cent below last year’s levels but in line with long-term trends.

“Economic uncertainty has weighed on home sales in our market, but levels are still outpacing activity reported during the challenging economic climate experienced prior to the pandemic,” said Ann-Marie Lurie, Chief Economist at CREB®. “This, in part, is related to our market's situation before the recent shocks. Previous gains in migration, relatively stable employment levels, lower lending rates, and better supply choice compared to last year’s ultra-low levels have likely prevented a more significant pullback in sales and have kept home prices relatively stable.”

The rise in inventory levels helped the market shift to balanced conditions with nearly three months of supply. However, conditions vary depending on price range and property type. Lower-priced detached and semi-detached properties continue to struggle with insufficient supply, while row and apartment-style homes are seeing more broad-based shifts to balanced conditions.

The additional supply has helped relieve the pressure on home prices following the steep gains reported over the past several years. Benchmark prices for each property type have remained relatively stable compared to last month. However, compared to last year, detached and semi-detached prices are over two per cent higher than last year's levels, while apartment and row-style home prices have remained relatively unchanged.

Detached

Detached sales were 1,102 units in April, a year-over-year decline of 16 per cent. While sales eased across most areas of the city, the South East district has seen sales rise over last year's levels. April saw 1,907 new listings come onto the market, and the sales-to-new-listings ratio remained balanced at 58 per cent. Inventories rose to 2,511 units, and the months of supply rose to 2.3 months. While this is a significant gain over the less than one month of supply reported last year at this time, conditions remain relatively tight, especially in the lower price ranges.

In April, the unadjusted benchmark price reached $769,300, similar to last month but over two per cent higher than last April. The added supply choice, combined with uncertainty, has slowed the pace of price growth. However, with a year-over-year gain of nearly five per cent, the City Centre has exhibited stronger price growth than any other district.

Semi-Detached

Easing sales in April contributed to the year-to-date decline of nearly 16 per cent. The 190 sales in April were met with 350 new listings, and the sales-to-new-listings ratio fell to 54 per cent. This also caused further gains in inventory levels, which reached 484 units. The rise in inventory did help push the market toward balanced conditions with 2.6 months of supply, a significant improvement over the less than one month reported at this time last year.

The shift toward more balanced conditions has slowed the pace of price growth. In April, the unadjusted benchmark price was $691,700, similar to last month and over three per cent higher than last year. The City Centre reported the largest gain, at over five per cent, while prices in the North remained stable compared to last year.
 

Row

April sales slowed for row homes, contributing to the year-to-date decline of 16 per cent. Meanwhile, new listings continued to rise compared to last year, driving the sales-to-new-listings down to 51 per cent. In April, inventories reached 1,005 units, the highest level reported since 2021, and the months of supply rose to nearly three months. Improved supply has taken some of the pressure off prices,

In April, the unadjusted row price was $457,400, a slight gain over last month, but relatively unchanged compared to April of last year and still below last year's peak price reported in June. The pullbacks reported in the North and North East districts offset year-over-year gains in most districts.
 

Apartment Condominium

April sales eased by nearly 30 per cent over last year's record high but were far stronger than long-term trends. While sales have remained relatively strong, new listings in April reached a record high for the month, supporting further gains in inventory levels. With three months of supply in the city, conditions are considered relatively balanced. However, activity does range significantly based on location, impacting price movements.

The North East district reported the highest months of supply at seven months, resulting in a year-over-year price decline of two per cent and a spread of over seven per cent from last year's high. Overall, the April benchmark price in the city was $336,000, similar to last year but still three per cent lower than last year's record high.

Contact us for a Free Home Evaluation.

Rangeview, one of Calgary’s emerging garden-to-table inspired communities, continued its growth trajectory in April 2025 with expanding inventory and rising sales activity. Although prices experienced some downward adjustment across property types, the area’s appeal remains strong due to its innovative design, community gardens, and growing family-friendly infrastructure.

📊 Overall Market Overview

• Total Sales: 9 (↑12.5% Y/Y)

• New Listings: 22 (↑175% Y/Y)

• Inventory: 42 units (↑950% Y/Y)

• Months of Supply: 4.67 (↑833% Y/Y)

• Benchmark Residential Price: $667,500 (↓1.7% Y/Y)

With months of supply rising to 4.67, Rangeview has moved into a more balanced-to-buyers' market, offering greater choice for homebuyers and improved negotiation opportunities.

🏡 Property Type Breakdown

🏠 Detached Homes

• Benchmark Price: $679,900 (↓4.9% Y/Y)

• Trend: Slight downward pressure on pricing

Detached homes remain the predominant product in Rangeview. Although prices have pulled back slightly, this segment still appeals to families attracted to the area’s large lots, growing school options, and proximity to Mahogany and Seton amenities. Buyers are benefiting from more inventory and fewer bidding wars compared to the peak months of 2023–2024.

🏘 Semi-Detached Homes

• Benchmark Price: $598,277 (↓11.8% Y/Y)

• Trend: Price correction observed

Semi-detached homes experienced the most significant price adjustment in April. This offers a window of opportunity for entry-level buyers or downsizers looking for affordability with access to greenspace, pathways, and community events. Inventory expansion in this category has also added pressure on sellers to remain competitive.

🏢 Row / Townhomes

• Benchmark Price: $494,900 (↓13.1% Y/Y)

• Trend: Affordability advantage despite decline

Townhomes continue to attract first-time buyers and investors due to their price point and lower maintenance. The notable price dip reflects a correction from rapid gains in previous quarters. Builders in the area continue to market townhomes from $510,000+, indicating value opportunities in resale units.

🌱 Community Activities & News – April 2025

🥕 Urban Agriculture & Community Gardening

Rangeview continued hosting its signature garden programming this month. Residents participated in:

• Spring planting workshops

• Community composting tutorials

• Garden plot assignments and seeding events

The community’s food-focused design, with edible landscaping and communal greenhouses, is drawing attention from buyers seeking sustainable living.

🏫 Family-Oriented Growth

• Construction started on the first K-6 public school, set to open in 2026

• Weekly pop-up markets returned to the Rangeview Plaza, featuring local produce, artisans, and food trucks

• New daycare and wellness studio opened along Rangeview Boulevard

These amenities and services add to the neighborhood's appeal for young families and health-conscious buyers.

📈 Market Outlook

Rangeview is transitioning from a niche concept to a vibrant, full-service community. While short-term price corrections have occurred due to inventory buildup, long-term demand remains supported by:

• Unique garden-centric urban planning

• Proximity to Seton, South Health Campus, and Mahogany retail hubs

• Family-focused amenities under development

Buyers looking to establish roots in a progressive, lifestyle-driven community will find exceptional opportunities in Rangeview during this market phase.

Contact us for a Free Home Evaluation.

For latest community market report, SIGNUP HERE.

A boost in new listings this month relative to sales caused April inventories to rise to 5,876 units. Although this is more than double the number reported last year, last year’s supply was exceptionally low, and current inventory levels are consistent with what we typically see in April. April sales reached 2,236 units—22 per cent below last year’s levels but in line with long-term trends.

“Economic uncertainty has weighed on home sales in our market, but levels are still outpacing activity reported during the challenging economic climate experienced prior to the pandemic,” said Ann-Marie Lurie, Chief Economist at CREB®. “This, in part, is related to our market's situation before the recent shocks. Previous gains in migration, relatively stable employment levels, lower lending rates, and better supply choice compared to last year’s ultra-low levels have likely prevented a more significant pullback in sales and have kept home prices relatively stable.”

The rise in inventory levels helped the market shift to balanced conditions with nearly three months of supply. However, conditions vary depending on price range and property type. Lower-priced detached and semi-detached properties continue to struggle with insufficient supply, while row and apartment-style homes are seeing more broad-based shifts to balanced conditions. 

The additional supply has helped relieve the pressure on home prices following the steep gains reported over the past several years. Benchmark prices for each property type have remained relatively stable compared to last month. However, compared to last year, detached and semi-detached prices are over two per cent higher than last year's levels, while apartment and row-style home prices have remained relatively unchanged.   

Detached
Detached sales were 1,102 units in April, a year-over-year decline of 16 per cent. While sales eased across most areas of the city, the South East district has seen sales rise over last year's levels. April saw 1,907 new listings come onto the market, and the sales-to-new-listings ratio remained balanced at 58 per cent. Inventories rose to 2,511 units, and the months of supply rose to 2.3 months. While this is a significant gain over the less than one month of supply reported last year at this time, conditions remain relatively tight, especially in the lower price ranges.

In April, the unadjusted benchmark price reached $769,300, similar to last month but over two per cent higher than last April. The added supply choice, combined with uncertainty, has slowed the pace of price growth. However, with a year-over-year gain of nearly five per cent, the City Centre has exhibited stronger price growth than any other district.

Semi-Detached
Easing sales in April contributed to the year-to-date decline of nearly 16 per cent. The 190 sales in April were met with 350 new listings, and the sales-to-new-listings ratio fell to 54 per cent. This also caused further gains in inventory levels, which reached 484 units. The rise in inventory did help push the market toward balanced conditions with 2.6 months of supply, a significant improvement over the less than one month reported at this time last year.

The shift toward more balanced conditions has slowed the pace of price growth. In April, the unadjusted benchmark price was $691,700, similar to last month and over three per cent higher than last year. The City Centre reported the largest gain, at over five per cent, while prices in the North remained stable compared to last year.

Row
April sales slowed for row homes, contributing to the year-to-date decline of 16 per cent. Meanwhile, new listings continued to rise compared to last year, driving the sales-to-new-listings down to 51 per cent. In April, inventories reached 1,005 units, the highest level reported since 2021, and the months of supply rose to nearly three months. Improved supply has taken some of the pressure off prices,

In April, the unadjusted row price was $457,400, a slight gain over last month, but relatively unchanged compared to April of last year and still below last year's peak price reported in June. The pullbacks reported in the North and North East districts offset year-over-year gains in most districts.

Apartment Condominium
April sales eased by nearly 30 per cent over last year's record high but were far stronger than long-term trends. While sales have remained relatively strong, new listings in April reached a record high for the month, supporting further gains in inventory levels. With three months of supply in the city, conditions are considered relatively balanced. However, activity does range significantly based on location, impacting price movements.

The North East district reported the highest months of supply at seven months, resulting in a year-over-year price decline of two per cent and a spread of over seven per cent from last year's high. Overall, the April benchmark price in the city was $336,000, similar to last year but still three per cent lower than last year's record high.

REGIONAL MARKET FACTS

Airdrie
For the third month in a row, sales activity eased compared to last year's levels. Despite the declines, sales remain above long-term trends. At the same time, new listings continue to rise, but with 185 sales and 290 new listings in April, the sales-to-new listings ratio reached 64 per cent, an improvement over recent months. Inventory levels continued to trend up this month. However, after three consecutive years of exceptionally low April levels, inventory is now consistent with long-term trends. With 2.3 months of supply, conditions are moving to a more balanced state, taking the pressure off home prices. In April, the total residential price was $544,700, relatively unchanged compared to both last month and last year's levels.

Cochrane
For the fourth month in a row, sales activity in the area has remained consistent with last year's levels, resulting in 335 sales so far this year, a nearly five per cent gain over last year and consistent with long-term trends. New listings have also been on the rise, but the sales-to-new-listings ratio has remained at 60 per cent, preventing the doubling of inventory in this market. While inventory levels have improved compared to last year, the 246 units available in April are just shy of long-term trends. Like other areas, improvements in supply have slowed the pace of price growth, but in Cochrane, prices are still edging up. In April, the total residential benchmark price was $592,000, trending up over last month and nearly six per cent higher than prices reported in the previous year and at a record high.

Okotoks
Sales in Okotoks continue to ease compared to last year, contributing to the year-to-date decline of 16 per cent. Over the past few years, sales have been restricted by a lack of supply. However, this year we have started to see a shift. New listings continue to improve in April compared to sales, causing the sales-to-new-listings ratio to ease to 53 per cent, supporting inventory gains. However, with 127 units in inventory in April, levels remain below long-term trends for the month. The modest gains in inventory have slowed the pace of price growth in the area. As of April, the unadjusted benchmark price was $627,100, down slightly from last month, but nearly two per cent higher than last April.

Contact us for a Free Home Evaluation.

For latest community market report, SIGNUP HERE.

Auburn Bay, one of Calgary’s premier lake communities in the southeast, continues to draw buyers with its family-friendly amenities, strong community atmosphere, and scenic lakeside lifestyle. April 2025 saw notable activity across all property types, fueled by robust demand and rising inventory. The market remains competitive, particularly for detached and apartment-style homes.

Market Highlights by Property Type

🏡 Detached Homes

• Sales: 22 homes sold (+47% year-over-year)

• Benchmark Price: $822,300 (+2.3% Y/Y)

• Inventory: 28 units

• New Listings: 28

• Months of Supply: 2.1

Detached homes remain the most desirable option in Auburn Bay, often featuring larger lots, private backyards, and proximity to the lake or green space. The balance between listings and sales indicates healthy absorption. Price stability reflects sustained buyer confidence in high-value properties.

🏘 Semi-Detached Homes

• Sales: 2 homes sold (-33% Y/Y)

• Benchmark Price: $534,100 (+2.4% Y/Y)

• Inventory: 5 units

• New Listings: 5

• Months of Supply: 2.0

Semi-detached homes saw a slight dip in sales, with limited inventory keeping prices firm. These properties are ideal for buyers seeking the feel of a detached home at a more accessible price, often popular with downsizers and first-time buyers.

🏠 Row / Townhouses

• Sales: 9 homes sold (-18% Y/Y)

• Benchmark Price: $475,200 (+1.6% Y/Y)

• Inventory: 12 units

• New Listings: 12

• Months of Supply: 1.3

Townhouses offer a balance between affordability and space. Despite a dip in annual sales, the segment remains active, especially among younger families and investors. Inventory levels are slightly higher, offering buyers more options.

🏢 Apartment Condominiums

• Sales: 17 units sold (+21% Y/Y)

• Benchmark Price: $369,400 (+2.1% Y/Y)

• Inventory: 15 units

• New Listings: 15

• Months of Supply: 1.6

Apartments saw the strongest annual sales growth, reflecting an uptick in demand for affordable entry points into Auburn Bay. Inventory is balanced, and prices remain stable. This segment appeals to first-time buyers, investors, and empty nesters alike.

Community Features & Lifestyle Appeal

🏞 Lake Living & Recreation
Auburn Bay’s 43-acre freshwater lake and beach are its standout features, offering year-round recreation: paddleboarding and swimming in summer, skating and ice fishing in winter.

🏫 Family-Friendly Environment
With several schools like Auburn Bay School (K-4) and St. Gianna School, and access to future high school plans, the community is ideal for families. Multiple parks and playgrounds reinforce this appeal.

🛍 Shopping & Services
Seton Urban District and Auburn Station provide grocery stores, fitness centres, banks, cafes, and restaurants just minutes away. The nearby South Health Campus offers top-tier medical services.

🚇 Transportation Access
Easy access to Deerfoot and Stoney Trail ensures connectivity. Future LRT expansion in Seton will further enhance accessibility.

👨‍👩‍👧‍👦 Demographics & Lifestyle
The neighborhood attracts professionals, young families, and retirees. Its clean, walkable streets and strong homeowners’ association contribute to high community standards and pride of ownership.

Auburn Bay’s April 2025 real estate performance reflects its continued desirability as a lifestyle community. While detached homes and apartments remain strong, townhomes and semi-detached units offer additional choices across budgets. With balanced market conditions and growing amenities in nearby Seton, Auburn Bay is well-positioned for sustainable long-term demand.

Contact us for a Free Home Evaluation.

For latest community market report, SIGNUP HERE.

Seton continues to establish itself as one of Calgary’s fastest-growing and amenity-rich neighborhoods in the southeast. Known for its urban design, South Health Campus, and vibrant retail and recreation offerings, Seton remains attractive to both investors and end-users. The market in April 2025 showed significant activity across all housing types, supported by rising new listings and inventory levels, while prices remain competitive compared to builder show home offerings.

📈 Overall Market Summary

• Total Sales: 33 (↑ 73.7% year-over-year)

• New Listings: 72 (↑ 200% Y/Y)

• Inventory: 119 units (↑ 376% Y/Y)

• Months of Supply: 3.61 (↑ 174% Y/Y)

• Benchmark Residential Price: $483,500 (↑ 1.2% Y/Y)

Market conditions have shifted toward balance with growing supply, allowing buyers more options. However, homes remain competitively priced against builder show homes, offering strong value.

🏡 Detached Homes

• Benchmark Price: $774,400 (↑ 0.6% Y/Y)

• Market Trend: Slight upward movement

Detached homes in Seton are limited in availability but continue to command higher benchmark prices. Compared to builder show homes in nearby Mahogany and Legacy, which often start in the mid $800Ks for similar size and finish, resale detached properties in Seton offer a discount of 5–10%, making them attractive for value-conscious buyers who want access to urban amenities.

🏘 Semi-Detached Homes

• Benchmark Price: $596,900 (↑ 1.5% Y/Y)

• Market Trend: Steady growth

Semi-detached homes are seeing increased interest from young families and downsizers. Builder models in Seton or Cranston average from $615,000–$650,000, depending on upgrades and lot premiums. Buyers can find well-maintained resale semi-detached homes at a modest discount, especially appealing with the current inventory growth.

🏠 Row/Townhomes

• Benchmark Price: $484,100 (↑ 2.5% Y/Y)

• Market Trend: Stable with positive appreciation

Townhomes in Seton remain a hot segment thanks to affordability and modern layouts. With builder pricing from $500,000+ for new units by Brookfield Residential and Rohit Communities, the resale market offers savings while avoiding the long construction timelines. Newer resale units with attached garages are particularly desirable.

🏢 Apartment Condominiums

• Benchmark Price: $380,900 (↓ 1.6% Y/Y)

• Market Trend: Slight pullback

While benchmark prices softened slightly, apartment sales remain strong due to affordability and proximity to the South Health Campus, Seton YMCA, and future LRT. New-build condos in Seton (e.g., Logel Homes, Cedarglen Living) are currently marketed between $399,000 and $430,000, depending on floor plan and finishings. Resale listings offer better price per square foot in some cases and quicker possession dates.

Outlook & Buyer Insights

With active construction in the community and ample inventory on the resale side, Seton offers diverse homeownership options at all price points. While builder prices are rising due to material and labor costs, resale properties remain highly competitive, especially for buyers seeking move-in ready homes.

The expansion of retail services, parks, and transit infrastructure will continue to support long-term price appreciation. Buyers should act strategically in this balanced market to secure high-quality properties below the cost of equivalent new builds.

Contact us for a Free Home Evaluation.

For latest community market report, SIGNUP HERE.

Mahogany, Calgary’s largest lake community in the southeast, continues to attract homebuyers with its unparalleled waterfront lifestyle, walkable design, and proximity to Seton Urban District. Despite a modest year-over-year drop in overall sales, market activity remains stable and pricing shows resilience across key property types. Community vibrancy, expanding amenities, and ongoing events continue to enhance Mahogany’s long-term value.

📊 Overall Market Snapshot

• Total Sales: 41 (↓2.4% Y/Y)

• New Listings: 81 (↑44.6% Y/Y)

• Inventory: 150 (↑134% Y/Y)

• Months of Supply: 3.66 (↑140% Y/Y)

• Total Residential Benchmark Price: $589,400 (↓1.7% Y/Y)

Increased supply has brought greater balance to the market, offering more options for buyers without significant downward pressure on prices.

🏡 Breakdown by Property Type

Detached Homes

• Benchmark Price: $826,800 (↑1.0% Y/Y)

• Trend: Steady appreciation

Detached homes remain Mahogany’s flagship offering, especially those near the lakefront or wetlands. These properties are in demand among move-up buyers and families seeking more space and premium finishes. The strong pricing and ongoing buyer interest indicate continued strength in this segment.

Semi-Detached Homes

• Benchmark Price: $583,400 (↑2.1% Y/Y)

• Trend: Moderate growth

Semi-detached homes offer an attractive blend of affordability and comfort, often located near parks and schools. This segment has seen healthy appreciation and is increasingly appealing to downsizers and young families entering the market.

Row/Townhomes

• Benchmark Price: $501,600 (↑2.3% Y/Y)

• Trend: Strong interest, especially in newer builds

Row homes remain one of the most active segments in Mahogany due to their affordability and design appeal. Many units feature double garages and front porches, adding to their popularity among first-time buyers and investors.

Apartment Condominiums

• Benchmark Price: $361,900 (↓1.1% Y/Y)

• Trend: Slight decline but stable demand

Apartments experienced a modest price pullback, though demand remains solid due to affordability and proximity to the Seton hospital, Mahogany Village Market, and public transit. Condos appeal to singles, seniors, and professionals.

📰 Community Highlights

🏖 Lake Life Reawakens

Spring weather brought renewed activity to Mahogany Beach Club, with families enjoying lakeside walking trails, paddleboarding, and the reopening of picnic areas. Membership renewals were strong, and early-season programming (e.g., paddle yoga, sailing lessons) saw high registration.

🏪 Retail Expansion

The Mahogany Village Market welcomed new tenants in April, including a boutique fitness studio and a local coffee roaster. This expansion boosts convenience for residents and adds to walkability appeal.

🚧 Future Development News

Hopewell Residential announced progress on west Mahogany’s next phase, which will include a new K-6 school site, playgrounds, and enhanced wetland access. Completion is expected by 2027.

Mahogany remains one of Calgary’s most desirable neighborhoods, especially for lifestyle-focused buyers. While sales activity was slightly down, growing inventory and stable pricing across most segments reflect a maturing, balanced market. The community's recreational amenities, planned school developments, and thriving retail options continue to support long-term home value appreciation.

Contact us for a Free Home Evaluation.

For latest community market report, SIGNUP HERE.

由于本月新增挂牌数量相较于销售量有所增加，4月份的房屋库存上升至5,876套。尽管这一数字是去年同期的两倍多，但去年供应水平异常偏低，而目前的库存水平则与历年4月的正常水平相符。4月份的销售量达到2,236套，虽然较去年下降了22%，但仍符合长期市场趋势。

CREB® 首席经济学家Ann-Marie Lurie表示：“当前的经济不确定性对本地市场的房屋销售造成了一定影响，但整体成交量仍高于疫情前经济低迷时期的水平。部分原因是由于近年市场的基本面较为稳健，包括移民数量的增加、就业状况相对稳定、贷款利率较低，以及相较去年极低供应水平下的更丰富房源选择，这些因素共同抑制了销量的进一步下滑，也帮助房价保持相对稳定。”

库存水平的上升推动市场逐步向供需平衡转变，目前的供应量可支撑接近三个月的销售。但根据不同的价格区间和房产类型，市场状况仍有差异。低价位的独立屋和半独立屋仍面临供应不足的问题，而联排住宅和公寓型房产则在多个领域显示出向平衡市场发展的趋势。

新增供应也在一定程度上缓解了过去几年房价快速上涨带来的压力。各类房产的基准价格与上月相比大致持平。然而，与去年同期相比，独立屋和半独立屋的价格上涨超过2%，而公寓和联排住宅的价格则基本保持不变。

查询房屋市场价值，请点击这里.

🏡 Detached Houses​

• Active Listings: 23 homes

  • Prices range from $599,000 to $1,425,000.

  • Most active listings are larger homes (over 2,000 sqft) featuring double or triple garages, some with walkouts.

• Sold: 17 homes

  • Sold prices range from $580,000 to $1,499,000.

  • Detached homes continue strong demand, especially walkout and triple-garage homes.

• Pending: 5 homes

  • Pending prices range from $739,999 to $1,269,000.

• Terminated/Expired: 5 listings

  • Some detached homes between $800,000 - $879,000 failed to sell and were terminated or expired, possibly reflecting buyers’ price sensitivity above mid-$800K.

Trend:
Higher-end detached homes ($1M+) are moving but at slower paces (longer DOM), while $700K–$850K homes remain hot with quick pending or sold statuses.

🏘️ Semi-Attached Houses (Duplexes)​

• Active Listings: 3 homes

  • Listed from $529,900 to $656,000.

• Sold: 2 homes

  • Sold prices: $505,000 and $599,900.

• Pending: 1 home

  • Pending at $655,000.

Trend:
Semi-attached homes are popular, especially those close to Auburn Bay amenities. Listings under $600,000 have very quick turnover.

🏡 Townhouses​

• Active Listings: 14 homes

  • Prices range from $279,900 to $538,900.

• Sold: 8 homes

  • Sold prices: $379,900 to $523,000.

• Pending: 5 homes

  • Pending around $407,000–$500,000.

• Terminated: 2 listings

  • Townhouses priced slightly over $400,000 saw terminations but quickly relisted or resold at adjusted pricing.

Trend:
3-storey and stacked townhouses between $380,000–$500,000 are in demand. Newly built townhomes (2022-2023) command higher prices ($500K+).

🏢 Apartments​

• Active Listings: 35 units

  • Wide price range from $239,900 to $464,900.

• Pending: 5 units

  • Pending prices around $369,990 to $375,000.

• Sold: Minimal confirmed sales yet in April (as per current data, mostly active listings).

Trend:

• Newer condos (2017–2022 builds) dominate inventory.

• 2-bedroom, 2-bathroom models around $350,000–$420,000 are hot spots for first-time buyers and investors.

• Listings under $300,000 are more stagnant, especially older units (2009–2014).

📊 Overall Auburn Bay April 2025 Observations

• Detached homes show the most vibrant activity, especially mid-range pricing ($750K–$850K).

• Semi-attached homes and townhouses priced right are selling quickly.

• Apartments are slower, reflecting abundant inventory and buyer hesitation at higher condo fees.

• Inventory levels remain healthy, offering buyers good selection but quality homes (walkouts, renovated) still sell fast.

Contact us for a Free Home Evaluation.

For latest community market report, SIGNUP HERE.

                                                                                                                                            by CREB®

Ever had clients pull up to their new home with a moving truck at exactly 12:01 p.m. on possession day, expecting to move in right away? If that sounds familiar, you’re not alone. A lot happens behind the scenes on possession day, and it’s not always as simple as turning over the keys at noon.

Helping your clients understand what to expect can make the day much smoother—for everyone involved.

Keep in mind the importance of selecting a closing date.

The busiest closing day of the year is the last business day of June. This year, that’s Monday, June 30. Law offices feel even more pressure on the busiest closing day of the year due to the volume of transactions to complete before the Canada Day holiday.

Unexpected things come up, everything from tenants not vacating to sellers leaving old furniture behind or taking items that were included in the sale. Help the clients avoid delays in having issues resolved. Lou Pesta, Lawyer with Pesta Law, reminds the real estate community of the importance of choosing a closing day and knowing which ones to avoid.

I highly recommend that, as much as possible, the following rules be followed in scheduling completion days;

• Avoid the 1st, 15th and last day of the month

• Avoid Fridays, Mondays and any holidays

Key release reminder

Buyers can only receive the keys once the seller’s lawyer or agent confirms they’re releasable. Even if the buyers are at the door and the truck is ready, keys cannot be handed over early unless the seller has provided written permission.

Setting realistic expectations with the buyers ahead of time—especially that keys may not be available right at noon—can help them better coordinate the rest of their move.

​As of April 2025, Calgary's real estate market is transitioning from a strong seller's market toward more balanced conditions. The Calgary real estate market just experienced a 19% drop in sales compared to last year, but prices are still up. 

Market Overview: Sales Down, Prices Up

Last month, Calgary saw 2,159 sales, a 19% drop from March 2023’s 2,658 sales. However, benchmark prices increased across most property types:

• Detached homes: +4%

• Semi-detached homes: +5%

• Townhomes/row homes: +2%

• Apartments: +3%

This conflicting data suggests Calgary families are navigating a transitioning market. Inventory is growing dramatically (up 102% year-over-year to 5,154 listings), yet prices continue to rise.

Inventory & Market Balance

Historically, Calgary’s balanced market occurs when inventory reaches 6,500–7,000 listings. A surge to 10,000+ would indicate a buyer’s market. Currently, we’re flirting with seller’s market conditions due to strong demand from population growth.

Key observations:

• Months of inventory: Holding steady at 2–2.5 months (seller’s market territory).

• Spring market delay: Sales growth hasn’t spiked as usual, likely due to economic uncertainty (tariffs, elections, interest rates). Expect a delayed spring surge in May–July.

Price Trends by Zone

Not all areas are equal. Year-over-year benchmark price changes:

• Declines: City Center (-1.8%), Northeast (-7%), North (-0.1%), East (-0.1%).

• Growth: Southeast (+8%), West (+1.8%), South (+1.2%), Northwest (+0.9%).

Apartments (especially in the 250K–250K–400K range) are shifting toward balanced conditions, while detached homes under $800K remain competitive.

Seller Realities: Pricing Matters

The list-to-sale price ratio has dipped to 98%, meaning sellers must price within 2–3% of expected value. Overpricing leads to expired listings—currently, 39% of active listings fail to sell, especially in:

• Northeast (76% off-market rate)

• City Center (50%)

• East (45%)

Most struggling properties are apartments (57% of expired listings).

Population Growth & Long-Term Outlook

Alberta’s population grew by 3.5% last year—the highest in Canada. Even with potential federal immigration caps, demand for housing will persist. Key takeaways:

1. Luxury market ($800K+): Moving toward balance, offering more negotiation power.

2. Entry-level homes (<$600K): Tight supply (except select condo segments).

3. Desirable school districts: Detached homes here resist broader slowdowns.

First-time buyers eyeing condos should prioritize well-managed buildings with strong financials.

Final Thoughts

Calgary’s market is in flux, but fundamentals remain strong. Sellers must price strategically, while buyers have opportunities in softening segments. Stay tuned for more updates as interest rates, elections, and economic policies unfold.
                                                                                                                                                      (by HOMEGRAM.ca)

2025年3月，卡尔加里的独立屋房地产市场保持活跃，反映出各个价格区间的强劲买家需求。销售量、价格趋势以及社区市场动态显示，市场呈现多元化发展，不同区域的价格和需求有所差异。

价格区间趋势

$100万 - $150万

• 该价格区间的市场活动较为活跃，许多交易发生在受欢迎的市中心及郊区社区。

• 这一价格段的买家主要是升级住房的购房者和投资者，他们寻求位于成熟社区的高端房产。

• 此类房产在市场上通常停留时间适中，价格合理且经过升级的房屋销售速度较快。

$150万 - $200万

• 该价格段的销售仍然强劲，尤其是在提供较大地块和高端装修的社区中。

• 高端买家更倾向于购买新建房屋或经过大规模翻新的物业，显示出对现代化住宅的偏好。

• 部分带有独特或小众特色的房屋销售时间稍长。

$200万以上

• 尽管利率上升和经济波动，该豪宅市场仍吸引了一定数量的买家。

• 许多房屋属于定制建造的豪华庄园，位于独特的高端社区。

• 与中端市场相比，销售量较低，但高端物业的需求依旧稳定，尤其是带有优质设施的房屋。

社区市场趋势

市中心社区（Altadore、Mount Royal、Elbow Park）

• 由于靠近市中心，配套设施高端，这些地区仍然受到高度需求。

• 购房者偏好现代化填充式住宅（infill homes），导致该区域房价竞争激烈，设计优良的房产销售迅速。

• 这些区域的房屋价格通常保持较高水平，反映出市场的热度。

西卡尔加里（Aspen Woods、West Springs、Springbank Hill）

• 这些社区仍然受到家庭买家的青睐，他们希望购买更大、更现代化的房屋。

• 销售活动较为活跃，特别是那些室内升级、拥有优质地块的物业。

• 价格保持稳定，在需求旺盛的区域甚至出现小幅上涨。

西北及北卡尔加里（Evanston、Nolan Hill、Tuscany）

• 这些区域吸引了寻求性价比高、适合家庭居住的购房者。

• 与市中心相比，这里的独立屋价格更实惠，因此对首次购房者和升级住房者具有吸引力。

• 价格总体保持稳定，维护良好的房屋竞争激烈。

南部及东南卡尔加里（Mahogany、Legacy、Cranston）

• 湖畔社区和新开发项目继续受到高度关注。

• 这些区域的独立屋需求稳定，价格合理的房产销售速度较快。

• 购房者优先考虑带有现代化布局、装修完好的地下室和升级厨房的房屋。

豪宅市场（Elbow Valley、Bearspaw、Britannia）

• 超豪华市场的销售较为挑剔，买家更注重独特的建筑风格和大面积土地资源。

• 这一细分市场的价格保持稳定，但对于高端物业而言，议价空间较大。

价格趋势

从数据来看，100万以上的房屋市场仍然稳健，但不同价位的成交情况有所不同：

• 部分房源高于挂牌价成交，例如：

  • NW区 4xxx 28 Avenue NW，挂牌价 $1,000,000，成交价 $1,080,000（溢价率 8%）。

  • SW区 4xxx Sierra Morena Court，挂牌价 $1,003,000，成交价 $885,000（成交价低于挂牌价）。

• 其他房源成交价接近挂牌价，显示市场对优质房源的需求依然强劲。

市场前景

根据当前市场趋势：

• 高端房产仍然具有吸引力，尤其是较新房源（2015年后建造）在市场上更受青睐。

• 某些社区的房价可能继续上涨，特别是靠近市中心和高端学区的地区。

• 483套在售房源意味着未来几个月市场可能趋向买方市场，但需求仍然稳定，房价不会大幅下降。

总体而言，卡尔加里100万以上独立屋市场在2025年3月表现稳健，虽然部分房屋售价低于挂牌价，但高端市场的需求依然强劲，特别是在西南和西北区的成熟社区。

If you’re thinking about selling your home, you may be wondering where to begin. We’ve laid out all the steps you must take, from finding the right REALTOR® to closing the deal. Let this article be your go-to resource when you’re preparing to sell real estate. Below you’ll find thorough information for each step of the way.

1. Why Use a REALTOR?

2. Preparing Your Property and Finances

3. Signing a Listing Agreement

4. Marketing Your Home

5. Receiving an Offer

6. Closing the Sale

Why Use a REALTOR®?

A REALTOR® is not just a licensed or registered broker or real estate agent. A REALTOR® is a member of the Canadian Real Estate Association (CREA) and adheres to the REALTOR® Code of Ethics, which requires high standards of professionalism and expertise. Unlicensed agents won’t have access to crucial data and tools, like the MLS® Home Price Index (HPI)—exclusive to REALTORS®, it’s the most advanced and accurate tool to gauge a neighbourhood’s home price levels and trends—or be able to access MLS® Systems that can vastly increase your marketing power.

How your REALTOR® can help sell your home

A REALTOR® is your No. 1 resource and support to navigate the home selling process smoothly. They can help:

• have your home appraised and help you determine an appropriate asking price;

• advertise and market your home;

• host open houses and viewings with prospective buyers and their REALTORS®;

• help you consider offers and create counter offers;

• negotiate the selling price and contract terms, and direct you through complex contracts;

• find qualified industry professionals, such as real estate lawyers, home appraisers and home inspectors; and

• plan for closing costs and other related expenses.

How to find a REALTOR® who’s right for you

Sticking with a REALTOR® you know and trust makes sense. In general, the REALTOR® who helped you buy your home is probably a good candidate for helping you sell it. But what if you’re on the hunt for a new REALTOR®? Here are a few things you can do:

• Use the Fina a REALTORS® feature and narrow your search using location, designation and specialty filters. You can also find REALTORS® through listings on REALTOR.ca.

• Write down the names and contact information of REALTORS® in your neighbourhood.

• Ask friends or family to recommend a REALTOR®.

• Many REALTORS® are active on social media. Reach out to them directly through Facebook, Instagram, Twitter, LinkedIn or TikTok.

How a REALTOR® determines asking price

A REALTOR® is your local real estate expert. Your REALTOR® understands what’s happening in your local market, as well as industry trends that may impact how you sell your home. Using their exclusive industry knowledge and tools (like the MLS® HPI), REALTORS® can help you set the right price, making sure you don’t miss out on potential earnings or intimidate potential buyers.

Learn more about pricing your home:

• Getting a Home Appraisal? Here’s What You Should Know

  • How a REALTORS® Prices Your Home

Preparing Your Property and Finances

If you have the time and money to invest in home renovations, they can help increase the value of your home. Your REALTOR® can also advise if it’s worthwhile to do a pre-listing home inspection to help identify and address any required fixes that could hinder your home from selling.

Typical renovations and updates to consider before selling your home include:

• updating the cabinetry in your kitchen and/or bathroom;

• updating your kitchen appliances and fixtures;

• updating bathroom fixtures;

• replacing any flooring or roofing that’s in disrepair; and

• replacing dated fixtures such as lights and light switches, cabinet handles, doorknobs, etc.

Learn more about home renovations and improvements:

• Cost-Effective Exterior Renovations that Could Help Sell Your Home

  • Home Renovations That Could Be Worth Doing Before Selling

Managing your money before selling

There are also costs and financial implications to consider when selling a home. Always consult a professional financial advisor before making personal financial decisions, especially when it’s likely to be one of the largest transactions you’ll make in your life.

Discharge mortgage

This refers to using the proceeds from the sale of your home to discharge or pay off your current mortgage. In an open mortgage, you can pay it all off without any penalties. If you have a closed mortgage, be prepared to pay a penalty.

Portable mortgage

A portable mortgage means you can take your mortgage money with you and buy a new home, without penalty.

Capital gains tax

If you had tenants living in part of your home, such as the basement, you’ll pay capital gains tax on a portion of your profits. You may also owe capital gains tax if you’re selling a vacation or investment property.

Signing a Listing Agreement

Signing a listing agreement officially gives your REALTOR® the green light to start the process of selling your home. The agreement serves three main purposes:

• It defines the relationship with your REALTOR®.

• It provides detailed information about your home, which can be placed on a real estate board or association’s MLS® System.

• It forms the basis for drafting offers on your home.

What the listing agreement includes

• Authority—This describes the legal relationship between you and the real estate brokerage and sets a time limit for the REALTOR® to sell your home.

• Price—Your REALTOR® will provide useful information and advice on what price will attract buyers.

• Real estate commission—This may be a flat fee or a percentage of the final sale price, paid to your REALTOR®.

• A physical description of your property—Your REALTOR® will write a description highlighting your property’s best features.

• Legal information—This includes the lot number, land surveys and the zoning code.

• Financial information—You’ll want to let potential buyers know the minimum deposit you require.

• Completion date (closing date) —This is the amount of time you need to move out once your home is sold. Typically, homeowners provide 60 to 90 days; however, being flexible may help sell your home faster.

• How the home will be shown—Your REALTOR® can arrange viewing appointments and open houses. Any specific instructions about viewings can also be noted.

• Inclusions— You can name chattels and fixtures that would be included when the buyer purchases your home. Chattels are moveable items like microwaves and window blinds. They’re not automatically included in the sale, but they can sweeten the deal. Fixtures are permanent improvements to a property, like central air conditioning, installed lighting and wall-to-wall carpeting. Fixtures are assumed to be included in the sale of the home.

Marketing Your Home

Prepare your home for the market

Before your REALTOR® gets professional photos taken and holds any viewings or open houses, make sure you’re presenting your home in its best light. Below are a few typical tasks homeowners can do before putting their home on the market.

• Paint—A fresh coat of paint can go a long way in refreshing a space!

• De-clutter—This is a great opportunity to make your home more appealing to buyers by getting rid of unwanted items packing your belongings.

• Clean—Make sure your floors and fixtures, especially in your bathroom and kitchen, are clean for viewings and open houses. Consider hiring a professional cleaner.

• Improve curb appeal—Consider weeding and mowing your lawn or, if you have a larger yard, hiring professional landscapers to make your home exterior more appealing.

• Staging—Consider hiring a professional stager or rearranging pieces in your home in a way that will help buyers envision themselves in their new potential home.

Get more tips for preparing your house for selling:

• Home Renovations That Could Be Worth Doing Before Selling

  • Eco-Friendly Kitchen Upgrades to Consider When Renovating

  • Elements You’ll Want to Consider When Renovating Your Bathroom

Marketing your listing

Your REALTOR® will use every tool in their arsenal to advertise your home. This typically includes combining these following tactics:

• Professional photography and videography—REALTORS® will often work with professional photographers and videographers to get high-quality coverage of your home you can’t get with a smartphone or typical digital camera.

• Social media and real estate sites— Just about every REALTOR® has a social and/or web presence of their own or through their brokerage where they will share your listing and make sure there are eyes on it.

• Virtual and 3D tours—REALTORS® know potential buyers want as many visuals as possible when looking for homes, and video tours and 3D imaging is another way to help buyers imagine themselves in their new home.

• ca—REALTORS® have access to post your listing on Canada’s No. 1 real estate platform. That means your listing is getting the most exposure.

• Traditional marketing—A for sale sign outside your home can attract potential buyers as they pass by.

• Their network—Your REALTOR® is part of an extensive community of REALTORS® and real estate professionals who can connect them with potential buyers.

• Open house for REALTORS®—A REALTOR® open house is an efficient way to attract REALTORS® to see your home with their own eyes.

• Open house for buyers—Many buyers want to get a feel for your home before they start working with a REALTOR®. These events are typically done on weekends over the course of a few hours.

• Walk throughs—Your REALTOR® can coordinate with potential buyers and their REALTOR® to give a private walkthrough of your home.

Receiving an Offer

Negotiating a purchase price is one of the most intimidating aspects of the home buying and selling process. Working with a REALTOR® ensures you’re getting the best price and are accepting an offer that’s in your best interest. Your REALTOR® can help you every step of the way.

Consult with a lawyer

When selling, it’s essential to have a real estate lawyer handle all the various legal documents that change hands. Your REALTOR® can also give you the name(s) of experienced lawyers in your area, but make sure you’re doing your own proper due diligence. Your lawyer will review important documents that require your signature.

Responding to an offer

When you receive an offer, your REALTOR® can advise you on the merits of the offer and the asking price, closing date, and conditions. Take some time to consider the offers you’re presented! In general, there are three options when responding to an offer:

1. Accept the offer

You settled on the price you were hoping for, maybe even more. The closing date looks good and there are reasonable or no conditions. Your REALTOR® will formally accept the offer, and you’ll start to move on to the closing process.

2. Reject the offer

If you receive an offer that’s not close enough to your asking price, or that has unreasonable conditions, you can reject the offer. Your REALTOR® will communicate this to the buyer or buyer’s representative.

3. Provide a counter offer

The offer is close, but something’s not quite right. Your REALTOR® can help with the delicate art of negotiation by “signing back” or sending a counteroffer. Some of the most common reasons for a sign back include:

• you want a higher offer price;

• you want to change the closing date; or

• there may be some undesirable conditions in the offer (these could include a requirement for the buyer to obtain financing, approval to assume mortgage, sales of purchaser’s home, or a property inspection, etc.).

Closing the Sale

Congratulations, the negotiations were a success! Before your house is truly sold, it’s time for the vital final steps, known as “closing”. Your REALTOR® and lawyer will take care of the complex legal maneuvers.

Closing tips for sellers

• By the time you accept an offer, your REALTOR® will advise you of reporting requirements by FINTRAC, the federal agency responsible for administering Canada’s money laundering and terrorist financing legislation and regulations. Your REALTOR® is required by federal law to complete a client identification form and must ask the seller for a verified ID, such as a driver’s license or passport.

• Your lawyer will be advised that an agreement has been signed. Make sure your representation is ready to close the transaction.

• Immediately begin satisfying any conditions of the agreement requiring action on your part before the set date of completion.

• Contact your telephone, internet, and cable companies about transferring or removing service. Your lawyer will often handle the transfer of utilities.

• Inform your property insurance agent and arrange cancellation or transfer of your homeowner’s insurance.

• Contact a moving company to arrange your move on, or prior to, the closing date. (You can always ask friends and family to help you move, but the process can be quite labour intensive.)

• Send out your change of address notices and advise the post office.

• Coordinate with your REALTOR® to arrange the exchange of keys.

Find out more about a seller’s responsibilities for closing:

• Sellers’ Responsibilities During Closing

  • Stigmatized Homes: What You Legally Have to Disclose When Selling

How your lawyer helps with the closing process

• If you plan to “discharge” or pay off your mortgage with proceeds of the sale, your lawyer will obtain a statement from your lender showing your outstanding balance on the mortgage, and any penalties you’ll have to pay to discharge the mortgage.

• If you’re transferring your mortgage and the buyer is assuming your mortgage, your lawyer can liaise with your lending institution.

• A few days before closing, your lawyer will ask you to sign the paperwork enabling the title to be transferred to the buyer.

• On closing day, your lawyer will receive and distribute the proceeds from the sale, pay off your mortgage and other costs, and give you a cheque for the net proceeds.

Moving out

If you can, start packing early and spread it out over many days. Label all your boxes by room (and especially if the boxes carry anything fragile) so the movers know where to put them and how to treat the boxes. If you intend to hire professionals, contact a moving company, or truck rental company well in advance and ahead of the exchange of keys.

Tip: Set up mail forwarding from your previous address, and ensure to change your address in your records, especially for banking, the Canada Revenue Agency and government accounts.

                                                                                                                                                                                                                           BY REALTORS.ca TEAM