These areas are where Calgary detached house sales have slowed
House shopping in Calgary? These are the neighbourhoods where detached house sales have slowed the most, leaving more inventory up for grabs.
According to the CREB 2025 Calgary & Region Spring Update Report, housing sales have begun to slow across the country, with Calgary enjoying a more balanced market than it’s seen in years. Which means now just might be the perfect time to get in on the action.
Declines in energy prices, a pause in rate declines, all combined with trade and economic uncertainty, have resulted in a noticeable pullback in activity. While inventory has doubled compared to last year, it’s important to note that it’s still recovering from record lows, which means this is more of a return to normal levels.
That being said, it’s still good news. Easing sales combined with rising inventory and lower levels of provincial migration are expected to lead to a more balanced housing market in Calgary.
That’s a pretty welcome change when you consider the extreme seller’s market conditions of the last few years.
Detached house sales in Calgary
Citywide, Calgary has just over two months of housing supply. While this is low enough to support future price growth, it’s at a pace that’s much slower when compared to last year.
Higher inventory in the North East and North districts of Calgary is where we’re seeing the biggest impact. Homes priced above $700,000 in the Northeast and above $800,000 in the North are moving much slower than other parts of the city, making it more of a buyer’s market.
Overall, the city of Calgary saw an increase in detached home listings of 21 per cent and a rise in inventory of 81 per cent compared to this time last year.
The graphic below shows a map of Calgary with the average home price by area, along with a table that compares Months of Supply (MOS) in each area by price range.
CREB 2025 Calgary & Region Spring Update Report
So it looks like those shopping for a detached home in Calgary will face more balanced conditions in the upper end of the market. Read: those with bigger budgets. However, if you’re looking for homes priced below $700,000, it remains a bit more competitive.
If you are interested in reading the complete CREB Spring 2025 Report for Calgary, you can find it here.