Find out what your current home is worth in today's market
The Luxury Home Market in Calgary and its Surrounding Areas is experiencing notable growth and positive trends as we move into 2025.
Current Market :
Price Appreciation: In January 2025, the average home price in Calgary was $605,026, marking a 6.3% increase from the previous year. Detached homes saw an average price of $779,815, reflecting a 2.7% annual growth.
Sales Activity: There were 1,451 homes sold in January 2025, a 12% decrease compared to the same month last year. However, the market remains balanced, with a sales-to-new listings ratio (SNLR) of 50%.
Inventory Levels: Inventory increased by 69% year-over-year to 3,639 units, indicating a growing selection of homes for buyers.
Price Growth: The average Calgary home price is projected to rise by 4.5% in 2025, driven by growing buyer confidence and falling interest rates.
Key Points:
For Buyers: With rising prices and increased competition, it's advisable to act promptly. Getting pre-approved and defining your must-haves can help you navigate the market effectively.
For Sellers: This is an opportune time to list your property. A well-staged, competitively priced home in a high-demand neighbourhood can attract multiple offers.
Summary: Calgary's luxury home market is poised for continued growth in 2025, offering promising opportunities for both buyers and sellers.
For Expert Guidance in navigating the Calgary & Area Luxury Home Market, consider reaching out to Stewart J. Lowe, an award-winning realtor with over 23 years of experience. In 2010, he became a Certified Guild Member of The Institute for Luxury Home Marketing, recognised for his proven sales and exceptional client service. Stewart is known for his friendly, warm, and professional approach, ensuring a seamless real estate experience. Why not request a no-obligation Marketing Consultation
Achieving Guild Recognition
***As a Guild Member of The Institute for Luxury Home Marketing™ Team Leader Stewart J Lowe is part of an International Network of Real Estate Professionals who specialise in the Luxury Market. With the back-up of the Institute it makes sense for us to represent you, why not request a no obligation Marketing Consultation!
Altadore | Aspen Woods | Auburn Bay | Bearspaw | Brentwood | Britannia
Bridgeland | Canyon Meadows | Capitol Hill | Charleswood | Cranston
Rural De Winton | Discovery Ridge | Eau Claire | Edgemont | Evanston
Elbow Park | Elbow Valley Estates | Elboya | Glenbrook | Glendale
Hamptons | Harmony | Heritage Pointe | Hillhurst | Inglewood | Killarney
Legacy | Mayfair | Mahogany | Maple Ridge | Mount Royal | Rideau Park | Royal Oak
Sage Hill | Scenic Acres | Sherwood | Signal Hill | Silverado | Springbank
Springbank Hill | Sterling Springs | Strathcona Park | Tuscany Estates
Varsity Estates | Watermark At Bearspaw | West Springs | Westside
RURAL
Rural Rocky View County | Rural Foothills County
REGIONAL
Row As with other property types, year-over-year sales fell by over nine per cent while new listings increased by almost four per cent. Despite the sales decline, both sales and new ...
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Members of The Institute for Luxury Home Marketing who hold the CLHMS designation (Stewart J Lowe-Calgary & Area) have successfully documented performance in the TOP 10% of their markets, ...
1. Home Price Growth Projected Increase: The average Calgary home price is expected to rise by approximately 4.5% this year, driven by growing buyer confidence and easing interest rates. ...
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Find out what your current home is worth in today's market