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Apartment Prices set to DECREASE in Calgary in 2025...
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The Calgary apartment market is shifting fast, and March 2025 is bringing some major changes. Record-breaking new listings and rising inventory levels are starting to reshape the market. Sales have dropped 26% year-over-year, but demand is still above long-term averages. With months of supply jumping 155% compared to last year, is this the start of a cooldown?
💰 March’s unadjusted benchmark price: $334,200, slightly lower than last fall but still 4% higher than this time last year. The West district saw the largest price growth at 8%.
🏡 Key Takeaways:
Sales down 26% year-over-year but still above historical norms
Record-high new listings for March at 852 units
90% increase in inventory levels compared to 2024
Months of supply up 155% but still below pre-pandemic levels
With inventory climbing and new listings flooding the market, what does this mean for buyers, sellers, and investors? Watch now for a full breakdown of Calgary’s condo market in March 2025!
#CalgaryRealEstate #CalgaryCondos #CalgaryHousingMarket #YYCRealEstate #CalgaryApartments #CalgaryHomes
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