February 2025 Calgary Real Estate Statistics Recap 
Calgary’s housing market saw another month of significant inventory growth, with available listings rising 76% year-over-year to 4,145 units in February. While inventory increased across all price ranges, the most substantial gains were in homes priced under $500,000, largely due to growth in the more affordable apartment and row/townhouse segments.
The months of supply remained at 2.4, similar to January but more than double what was seen this time last year. Apartment-style units continued to have the highest supply levels, with 3.1 months of inventory.
Sales activity reached 1,721 transactions in February, staying above long-term averages for the month but down 19% from last year. While new listings totaled 2,830—aligning with historical trends—the sales-to-new listings ratio stood at 61%, which was higher than long-term norms but lower than the levels recorded over the past three years.
"More homes are hitting the market, but sales have slowed compared to February 2024. This shift is easing the strong seller’s market we’ve seen over the past few years," said Alan Tennant, President and CEO of CREB®. "As a result, price growth has started to slow, which is encouraging news for buyers."
The total residential benchmark price in February was $587,600, holding steady compared to late 2024 and up roughly 1% year-over-year. Price trends varied across the city, with declines in the City Centre and North districts, while the East district saw the most significant growth, with prices rising over 3%.
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Latest Combined Calgary Real Estate Statistics: February2025
Latest Combined Calgary Real Estate Statistics: February 2025
- Benchmark Price $587,600
- Inventory 4,145
- Sales to New Listings Ratio 61%
- Months of Inventory/Supply 2.41 Months of supply (Up 118% Y/Y)
Year to Date Calgary Real Estate Statistics: February 2025
- Benchmark Price $585,300
- Sales to New Listings Ratio 55%
- Months of Inventory/Supply 2.46 Months of supply (Up 105% Y/Y)
DOM = Number of Days on Market
As of March 5th 2025, the average number of days on market for all property types combined was 36 days (YTD) while the month of February saw an average DOM of 33
MLS® Listings in Calgary (New)
As of March 5th 2025, the total number of new active listings in the city of Calgary added to the market was 2,832 and in total there have been 6,249 YTD
Homes Sold in Calgary February 2025
The total number of homes sold for the month of February in Calgary was 1,720 this represents a 19.32% decrease Y/Y. The total sales for 2025 are 3,449.
Average Real Estate Prices in Calgary
In February 2025 the average price for a detached home in the city of Calgary was $804,439
Free Calgary Real Estate Monthly Market Report
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Average Real Estate Prices in Airdrie
Average Real Estate Prices in Chestermere
Average Real Estate Prices in Okotoks
Average Real Estate Prices in Cochrane
Specific community spotlight real estate statistics
Legacy February 2025 Homes Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 35 | 50 | -7.41% |
| New Listings | 50 | 103 | 60.94% |
| Inventory | 64 | 62 | 93.75% |
| Sales To New Listings Ratio | 70.00% | 48.54% | -42.47% |
| Benchmark Price | 992,700 | 980,350 | 6.31% |
| Median Price | 640,000 | 626,812 | 3.53% |
| Average Price | 619,554 | 592,450 | 5.53% |
| Average Days on Market | 35 | 37 | 0.00% |
Discovery Ridge February 2025 Homes Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 7 | 9 | 50.00% |
| New Listings | 2 | 8 | 0.00% |
| Inventory | 2 | 5 | 400.00% |
| Sales To New Listings Ratio | 350.00% | 112.50% | 50.00% |
| Benchmark Price | 1,233,300 | 1,229,600 | 9.54% |
| Median Price | 1,239,000 | 1,275,000 | 19.97% |
| Average Price | 1,249,143 | 1,380,444 | 26.88% |
| Average Days on Market | 26 | 24 | -35.14% |
Killarney February 2025 Homes Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 18 | 26 | -43.48% |
| New Listings | 27 | 56 | -3.45% |
| Inventory | 32 | 30 | 0.00% |
| Sales To New Listings Ratio | 66.67% | 46.43% | -41.46% |
| Benchmark Price | 739,400 | 735,200 | 3.02% |
| Median Price | 721,310 | 693,000 | -15.23% |
| Average Price | 808,368 | 745,594 | -2.66% |
| Average Days on Market | 16 | 14 | -67.44% |
Citadel February 2025 Homes Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 12 | 16 | -5.88% |
| New Listings | 14 | 21 | 31.25% |
| Inventory | 7 | 7 | 600.00% |
| Sales To New Listings Ratio | 85.71% | 76.19% | -28.29% |
| Benchmark Price | 595,400 | 594,200 | -0.06% |
| Median Price | 707,500 | 675,000 | 31.84% |
| Average Price | 643,762 | 639,978 | 26.32% |
| Average Days on Market | 32 | 26 | 100.00% |
2025 Greater Calgary Regional Market Statistics
City Centre Calgary February 2025 Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 364 | 659 | -21.08% |
| New Listings | 666 | 1,374 | 8.27% |
| Inventory | 1,106 | 1,031 | 32.35% |
| Sales To New Listings Ratio | 54.65% | 47.96% | -27.11% |
| Benchmark Price | 589,500 | 588,450 | 0.06% |
| Median Price | 495,750 | 499,900 | 10.84% |
| Average Price | 670,913 | 662,733 | 10.19% |
| Average Days on Market | 36 | 40 | 14.29% |
North Calgary February 2025 Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 215 | 418 | -4.13% |
| New Listings | 335 | 669 | 31.18% |
| Inventory | 475 | 454 | 121.46% |
| Sales To New Listings Ratio | 64.18% | 62.48% | -26.92% |
| Benchmark Price | 555,000 | 551,700 | -0.10% |
| Median Price | 575,000 | 575,000 | 3.60% |
| Average Price | 558,142 | 561,501 | 0.80% |
| Average Days on Market | 36 | 40 | 53.85% |
Northeast Calgary February 2025 Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 183 | 357 | -27.73% |
| New Listings | 349 | 756 | 29.23% |
| Inventory | 654 | 626 | 129.30% |
| Sales To New Listings Ratio | 52.44% | 47.22% | -44.08% |
| Benchmark Price | 512,600 | 510,850 | 1.92% |
| Median Price | 515,000 | 510,000 | 3.03% |
| Average Price | 504,985 | 500,403 | 1.87% |
| Average Days on Market | 36 | 39 | 34.48% |
East Calgary February 2025 Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 51 | 95 | -34.03% |
| New Listings | 73 | 144 | -17.71% |
| Inventory | 104 | 105 | 41.89% |
| Sales To New Listings Ratio | 69.86% | 65.97% | -19.83% |
| Benchmark Price | 432,500 | 433,400 | 3.40% |
| Median Price | 440,000 | 450,000 | 5.02% |
| Average Price | 429,241 | 431,027 | 5.10% |
| Average Days on Market | 36 | 35 | 45.83% |
Southeast Calgary February 2025 Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 224 | 416 | -11.30% |
| New Listings | 370 | 750 | 28.64% |
| Inventory | 531 | 483 | 102.94% |
| Sales To New Listings Ratio | 60.54% | 55.47% | -31.05% |
| Benchmark Price | 581,800 | 578,950 | 2.66% |
| Median Price | 550,000 | 564,450 | 4.33% |
| Average Price | 565,092 | 580,668 | 5.41% |
| Average Days on Market | 29 | 33 | 37.50% |
South Calgary February 2025 Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 348 | 616 | -8.61% |
| New Listings | 489 | 962 | 22.86% |
| Inventory | 594 | 566 | 88.67% |
| Sales To New Listings Ratio | 71.17% | 64.03% | -25.62% |
| Benchmark Price | 584,700 | 581,150 | 4.16% |
| Median Price | 615,000 | 607,750 | 4.78% |
| Average Price | 594,432 | 598,121 | 4.00% |
| Average Days on Market | 27 | 32 | 23.08% |
West Calgary February 2025 Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 153 | 274 | -23.46% |
| New Listings | 258 | 506 | 8.12% |
| Inventory | 358 | 328 | 62.38% |
| Sales To New Listings Ratio | 59.30% | 54.15% | -29.22% |
| Benchmark Price | 706,200 | 707,450 | 2.86% |
| Median Price | 695,000 | 697,000 | 2.32% |
| Average Price | 765,599 | 764,003 | 8.62% |
| Average Days on Market | 28 | 31 | 24.00% |
Northwest Calgary February 2025 Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 180 | 326 | -9.70% |
| New Listings | 269 | 535 | 15.55% |
| Inventory | 328 | 310 | 60.62% |
| Sales To New Listings Ratio | 66.91% | 60.93% | -21.85% |
| Benchmark Price | 646,300 | 640,450 | 2.24% |
| Median Price | 697,500 | 659,000 | 1.38% |
| Average Price | 688,720 | 655,168 | 3.34% |
| Average Days on Market | 31 | 33 | 32.00% |
Airdrie Real Estate February 2025 Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 123 | 235 | -1.67% |
| New Listings | 225 | 447 | 41.46% |
| Inventory | 346 | 320 | 113.33% |
| Sales To New Listings Ratio | 54.67% | 52.57% | -30.49% |
| Benchmark Price | 537,600 | 537,450 | 2.60% |
| Median Price | 565,000 | 565,000 | 1.80% |
| Average Price | 561,610 | 563,823 | 3.47% |
| Average Days on Market | 37 | 41 | 28.13% |
Calgary Detached Homes February 2025 Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 765 | 1,439 | -14.55% |
| New Listings | 1,265 | 2,495 | 16.10% |
| Inventory | 1,717 | 1,594 | 53.12% |
| Sales To New Listings Ratio | 60.47% | 57.68% | -26.39% |
| Benchmark Price | 760,500 | 755,650 | 6.04% |
| Median Price | 720,000 | 710,000 | 1.43% |
| Average Price | 804,439 | 792,906 | 3.04% |
| Average Days on Market | 27 | 32 | 14.29% |
Calgary Semi-Detached Homes February 2025 Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 165 | 325 | 0.93% |
| New Listings | 240 | 512 | 14.54% |
| Inventory | 329 | 318 | 41.96% |
| Sales To New Listings Ratio | 68.75% | 63.48% | -11.88% |
| Benchmark Price | 683,500 | 678,550 | 7.60% |
| Median Price | 640,000 | 617,000 | 1.98% |
| Average Price | 719,393 | 693,630 | 3.98% |
| Average Days on Market | 32 | 34 | 17.24% |
Calgary Row Home February 2025 Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 317 | 564 | -12.96% |
| New Listings | 473 | 946 | 21.44% |
| Inventory | 661 | 628 | 120.35% |
| Sales To New Listings Ratio | 67.02% | 59.62% | -28.32% |
| Benchmark Price | 446,800 | 445,850 | 3.81% |
| Median Price | 465,000 | 459,750 | 1.83% |
| Average Price | 482,527 | 475,163 | 4.59% |
| Average Days on Market | 31 | 34 | 41.67% |
Calgary Condominium February 2025 Statistics
| Feb-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 473 | 843 | -25.13% |
| New Listings | 852 | 1,774 | 20.11% |
| Inventory | 1,471 | 1,386 | 89.60% |
| Sales To New Listings Ratio | 55.52% | 47.52% | -37.67% |
| Benchmark Price | 334,200 | 332,800 | 4.62% |
| Median Price | 330,000 | 323,000 | 3.86% |
| Average Price | 353,334 | 353,099 | 5.61% |
| Average Days on Market | 41 | 45 | 50.00% |
*Year-To-Date as of March 5th, 2025
†Year-To-Date, year over year percent change. ‡Calgary Census Metropolitan Area includes Calgary, Airdrie, and Rocky View
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