Thinking about buying or selling a home in Calgary this spring but unsure whether now is the right time? You’re not alone—many Calgarians and newcomers alike are watching the real estate market closely, trying to understand where it’s headed. With rising demand, fluctuating mortgage rates, and a fast-paced inventory turnover, the Calgary Real Estate Market Spring 2025 is shaping up to be one of the most exciting—and complex—seasons we’ve seen in years.
In this blog post, I’ll break down the latest Calgary real estate trends 2025, from home price movements to buyer competition, and provide real, on-the-ground insight from my experience as a local real estate expert. Whether you’re considering buying a home in Calgary or strategizing about selling a home in Calgary, this guide will give you the clarity and confidence to make informed decisions.
Calgary Real Estate Market Spring 2025: What’s Really Going On?
As we step into the heart of spring, the Calgary housing market update brings both challenges and opportunities for homeowners and buyers. Here’s a snapshot of the current market dynamics:
Home Prices Are Still on the Rise—But More Slowly
After a red-hot 2024, price growth has cooled slightly but remains steady. According to the Calgary Real Estate Board (CREB), the benchmark price for a detached home has increased by 5.3% year-over-year, reaching $627,500 in April 2025.
Key Factors Behind the Price Movement:
- Low housing inventory, especially in desirable communities like Altadore, Crescent Heights, and Tuscany.
- High interprovincial migration, with buyers from Ontario and B.C. entering the market.
- Continued demand for detached and semi-detached homes in suburban and inner-city neighbourhoods.
Tip: If you’re a seller, this might be your moment to list your property while the demand still outweighs the supply.
Best Neighbourhoods for Buying a Home in Calgary This Spring
If you’re buying a home in Calgary this season, it’s important to know where the best opportunities lie. Affordability, location, and lifestyle amenities are driving decisions for many.
Emerging Hotspots to Watch in Spring 2025
Here are some neighbourhoods to keep on your radar:
- Seton: Great for young professionals and healthcare workers due to its proximity to the South Health Campus.
- Carrington: A family-friendly option with new developments and access to schools and parks.
- Highland Park: Offers inner-city charm at a slightly more accessible price point.
- Mahogany: Lakeside living with newer homes, perfect for families and outdoor enthusiasts.
- North Glenmore Park: Gaining attention for its balance of accessibility and green space.
Pro Tip from Jai Chaudhary: I always advise buyers to explore these areas during the weekend. You’ll get a true feel for the community vibe, traffic flow, and lifestyle offerings.
Mortgage Rate Trends and What They Mean for Buyers
One of the biggest influences on Calgary real estate trends 2025 is the Bank of Canada’s approach to interest rates.
What’s Happening with Rates?
- As of May 2025, the current average 5-year fixed rate sits around 4.59%, slightly down from early 2024.
- Industry experts predict further moderate decreases throughout the year if inflation continues to cool.
For Buyers:
- Get pre-approved ASAP.
- Lock in a rate before anticipated summer price spikes.
- Consider shorter-term options if flexibility is important.
For Sellers: Is Spring 2025 Still a Good Time to List?
Absolutely. In fact, it might be one of the best windows of opportunity this year.
Why Spring 2025 Works for Sellers:
- Buyer demand is strong, especially for well-staged, move-in-ready homes.
- Limited inventory means less competition.
- Warmer weather enhances curb appeal and open house attendance.
What Sellers Can Do to Maximize Their Home’s Value:
- Declutter and deep clean before listing.
- Invest in minor repairs (think paint, lighting, flooring).
- Stage your home with neutral, welcoming décor.
From Jai Chaudhary: I’ve seen sellers get 8–12% over asking by implementing a strong pricing strategy and leveraging professional marketing. Don’t underestimate the power of first impressions.
Calgary’s Real Estate Micro-Markets: What to Expect by Area
Different parts of the city are moving at different paces. Here’s how major areas are performing:
Northwest Calgary:
- Strong demand for detached homes and bungalows.
- Popular with families and professionals.
- Communities like Arbour Lake and Edgemont are especially competitive.
Southeast Calgary:
- Continued growth in newer communities like Legacy and Auburn Bay.
- High appeal due to access to lakes, parks, and new schools.
Inner-City Calgary:
- Duplexes and infill homes are in high demand.
- Investment opportunities for redevelopment remain strong in areas like Capitol Hill and Mount Pleasant.
Who’s Buying? Demographic Shifts in Calgary’s Market
It’s not just where people are buying—it’s also who is buying. Understanding buyer psychology gives both buyers and sellers a competitive edge.
Major Buying Groups This Spring:
- First-time buyers aged 27–35, especially in Northeast and Southeast Calgary.
- Upsizing families moving to larger homes in the suburbs.
- Investors, both local and out-of-province, purchasing income properties.
- Multigenerational families pooling resources for larger homes.
Real Voices: What Buyers and Sellers Are Saying
From a First-Time Buyer in Calgary:
“We started looking in February and were outbid twice. Jai helped us stay patient, and by April we landed our dream home in Nolan Hill. His local insights were priceless.”
From a Seller in Mount Pleasant:
“We were nervous to list with so much market chatter, but Jai’s strategy worked. We sold in 6 days for $25,000 over asking!”
What’s Next for Calgary Real Estate in 2025?
Here are my top predictions for the rest of the year:
- Inventory will remain tight, keeping upward pressure on prices.
- Interest rates may gradually decline, improving affordability.
- Urban infill and redevelopment will increase, especially in older communities.
- Sustainability and smart homes will become a greater priority for buyers.
Making Your Move with Confidence
Navigating the Calgary Real Estate Market Spring 2025 isn’t about guesswork—it’s about informed action. As your local expert, I’m here to simplify the process, advocate for your goals, and make your real estate journey successful and stress-free.
Whether you’re looking for the best homes for sale in Calgary, preparing to list your home, or just exploring your options, I invite you to reach out. Contact Jai Chaudhary Real Estate and make your real estate goals a reality.