May 2025 Calgary Real Estate Statistics Recap 
In May, Calgary’s housing market saw a 17% decline in year-over-year sales, largely due to a significant slowdown in the apartment condo segment. Despite the dip, the city still recorded 2,568 sales—an 11% increase over long-term averages and a step up from April.
New listings outpaced sales again this month, helping to push inventory levels even higher. However, because both sales and inventory rose together, the months of supply held steady at 2.6—maintaining a relatively balanced market.
“Sales are easing and inventory is rising across many Canadian cities right now,” said Ann-Marie Lurie, Chief Economist at CREB®. “But Calgary entered this period from a position of strength, following prolonged seller market conditions. That’s allowed our market to shift toward balance without the same pricing pressure or volatility seen elsewhere.”
Inventory gains have created a mixed landscape. Some segments, especially in the row and apartment sectors, are now facing softer conditions due to oversupply—while lower-priced detached and semi-detached homes remain tight.
Price trends are beginning to reflect this split. Detached and semi-detached home prices stayed stable month-over-month and remain above May 2024 levels. On the other hand, apartment and row-style homes posted slight monthly price drops and are now priced lower than they were this time last year.
The overall unadjusted benchmark price for May came in at $589,900—down slightly from April and over 2% below prices seen in May 2024.
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Latest Combined Calgary Real Estate Statistics: May 2025
Latest Combined Calgary Real Estate Statistics: May 2025
- Benchmark Price $589,900
- Inventory 6,740
- Sales to New Listings Ratio 53%
- Months of Inventory/Supply 2.62 Months of supply (Up 138% Y/Y)
Year to Date Calgary Real Estate Statistics: May 2025
- Benchmark Price $588,840
- Sales to New Listings Ratio 54%
- Months of Inventory/Supply 2.53 Months of supply (Up 137% Y/Y)
DOM = Number of Days on Market
As of June 3rd 2025, the average number of days on market for all property types combined was 32 days (YTD) while the month of May saw an average DOM of 32
MLS® Listings in Calgary (New)
As of June 3rd 2025, the total number of new active listings in the city of Calgary added to the market was 4,843 and in total there have been 18,777 YTD
Homes Sold in Calgary May 2025
The total number of homes sold for the month of May in Calgary was 2,566 this represents a 16.96% decrease Y/Y. The total sales for 2025 are 10,231.
Average Real Estate Prices in Calgary
In May 2025 the average price for a detached home in the city of Calgary was $846,985
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Specific community spotlight real estate statistics
Valley Ridge May 2025 Homes Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 10 | 36 | 16.13% |
| New Listings | 14 | 58 | 45.00% |
| Inventory | 17 | 12 | 100.00% |
| Sales To New Listings Ratio | 71.43% | 62.07% | -19.91% |
| Benchmark Price | 878,900 | 855,540 | 3.56% |
| Median Price | 811,500 | 825,250 | 7.88% |
| Average Price | 751,150 | 860,264 | 8.29% |
| Average Days on Market | 29 | 30 | 66.67% |
Renfrew May 2025 Homes Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 21 | 78 | 6.85% |
| New Listings | 31 | 133 | 24.30% |
| Inventory | 48 | 36 | 71.43% |
| Sales To New Listings Ratio | 67.74% | 58.65% | -14.03% |
| Benchmark Price | 640,400 | 633,840 | 0.58% |
| Median Price | 547,500 | 667,500 | 44.32% |
| Average Price | 599,648 | 661,284 | 13.56% |
| Average Days on Market | 42 | 33 | 57.14% |
Falcon Ridge May 2025 Homes Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 8 | 44 | -27.87% |
| New Listings | 29 | 91 | 13.75% |
| Inventory | 41 | 27 | 145.45% |
| Sales To New Listings Ratio | 27.59% | 48.35% | -36.59% |
| Benchmark Price | 431,500 | 435,020 | 0.38% |
| Median Price | 490,000 | 467,500 | 5.20% |
| Average Price | 488,562 | 452,939 | 4.53% |
| Average Days on Market | 32 | 29 | 61.11% |
Beltline May 2025 Homes Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 74 | 347 | -35.38% |
| New Listings | 174 | 740 | -3.27% |
| Inventory | 320 | 251 | 54.94% |
| Sales To New Listings Ratio | 42.53% | 46.89% | -33.21% |
| Benchmark Price | 367,900 | 367,200 | 0.60% |
| Median Price | 328,500 | 345,000 | 4.55% |
| Average Price | 348,069 | 368,995 | 1.09% |
| Average Days on Market | 43 | 41 | 51.85% |
2025 Greater Calgary Regional Market Statistics
City Centre Calgary May 2025 Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 512 | 2,109 | -27.92% |
| New Listings | 967 | 4,053 | -2.71% |
| Inventory | 1,539 | 1,269 | 38.54% |
| Sales To New Listings Ratio | 52.95% | 52.04% | -25.91% |
| Benchmark Price | 596,500 | 592,720 | -1.50% |
| Median Price | 549,000 | 515,000 | 14.96% |
| Average Price | 735,671 | 693,386 | 15.15% |
| Average Days on Market | 34 | 35 | 29.63% |
North Calgary May 2025 Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 283 | 1,229 | -10.88% |
| New Listings | 607 | 2,267 | 34.70% |
| Inventory | 860 | 612 | 161.54% |
| Sales To New Listings Ratio | 46.62% | 54.21% | -33.84% |
| Benchmark Price | 550,000 | 553,460 | -1.55% |
| Median Price | 555,000 | 565,000 | -1.74% |
| Average Price | 554,431 | 560,610 | -0.96% |
| Average Days on Market | 32 | 33 | 73.68% |
Northeast Calgary May 2025 Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 268 | 1,034 | -29.95% |
| New Listings | 630 | 2,399 | 25.93% |
| Inventory | 1,032 | 795 | 142.38% |
| Sales To New Listings Ratio | 42.54% | 43.10% | -44.37% |
| Benchmark Price | 500,300 | 508,840 | -0.96% |
| Median Price | 515,000 | 520,000 | -0.38% |
| Average Price | 514,201 | 512,852 | 0.29% |
| Average Days on Market | 43 | 40 | 66.67% |
East Calgary May 2025 Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 92 | 321 | -26.04% |
| New Listings | 153 | 571 | 9.60% |
| Inventory | 218 | 153 | 109.59% |
| Sales To New Listings Ratio | 60.13% | 56.22% | -32.51% |
| Benchmark Price | 427,200 | 430,620 | 0.25% |
| Median Price | 432,500 | 445,000 | -1.06% |
| Average Price | 421,789 | 428,944 | -0.95% |
| Average Days on Market | 26 | 29 | 45.00% |
Southeast Calgary May 2025 Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 397 | 1,462 | -5.06% |
| New Listings | 704 | 2,605 | 41.04% |
| Inventory | 913 | 678 | 151.11% |
| Sales To New Listings Ratio | 56.39% | 56.12% | -32.69% |
| Benchmark Price | 579,800 | 581,620 | 0.58% |
| Median Price | 587,500 | 580,000 | 3.25% |
| Average Price | 601,827 | 600,617 | 3.50% |
| Average Days on Market | 32 | 32 | 68.42% |
South Calgary May 2025 Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 450 | 1,870 | -11.42% |
| New Listings | 768 | 3,043 | 20.47% |
| Inventory | 956 | 730 | 102.78% |
| Sales To New Listings Ratio | 58.59% | 61.45% | -26.47% |
| Benchmark Price | 586,200 | 585,300 | 1.55% |
| Median Price | 621,250 | 620,000 | 4.20% |
| Average Price | 631,583 | 623,056 | 4.88% |
| Average Days on Market | 30 | 29 | 45.00% |
West Calgary May 2025 Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 261 | 975 | -19.62% |
| New Listings | 472 | 1,779 | 16.96% |
| Inventory | 627 | 452 | 93.99% |
| Sales To New Listings Ratio | 55.30% | 54.81% | -31.27% |
| Benchmark Price | 729,600 | 716,580 | 1.49% |
| Median Price | 780,000 | 725,000 | 3.13% |
| Average Price | 814,295 | 793,716 | 6.03% |
| Average Days on Market | 28 | 26 | 30.00% |
Northwest Calgary May 2025 Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 299 | 1,102 | -14.90% |
| New Listings | 533 | 1,844 | 12.78% |
| Inventory | 595 | 424 | 84.35% |
| Sales To New Listings Ratio | 56.10% | 59.76% | -24.55% |
| Benchmark Price | 650,400 | 646,300 | 0.42% |
| Median Price | 710,000 | 690,000 | 4.15% |
| Average Price | 719,280 | 692,545 | 6.43% |
| Average Days on Market | 23 | 26 | 44.44% |
Airdrie Real Estate May 2025 Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 193 | 772 | -9.60% |
| New Listings | 334 | 1,351 | 30.91% |
| Inventory | 469 | 389 | 132.93% |
| Sales To New Listings Ratio | 57.78% | 57.14% | -30.95% |
| Benchmark Price | 540,600 | 541,020 | 0.83% |
| Median Price | 527,000 | 555,000 | 0.91% |
| Average Price | 552,056 | 566,214 | 4.86% |
| Average Days on Market | 36 | 36 | 56.52% |
Calgary Detached Homes May 2025 Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 1,275 | 4,847 | -12.40% |
| New Listings | 2,419 | 8,716 | 21.02% |
| Inventory | 3,012 | 2,191 | 80.78% |
| Sales To New Listings Ratio | 52.71% | 55.61% | -27.62% |
| Benchmark Price | 769,400 | 763,960 | 3.87% |
| Median Price | 730,000 | 725,000 | 1.05% |
| Average Price | 846,985 | 827,717 | 3.97% |
| Average Days on Market | 28 | 28 | 33.33% |
Calgary Semi-Detached Homes May 2025 Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 256 | 953 | -12.17% |
| New Listings | 428 | 1,624 | 19.32% |
| Inventory | 546 | 417 | 82.89% |
| Sales To New Listings Ratio | 59.81% | 58.68% | -26.39% |
| Benchmark Price | 697,300 | 687,640 | 5.30% |
| Median Price | 608,500 | 616,600 | -0.55% |
| Average Price | 686,287 | 695,370 | 1.06% |
| Average Days on Market | 29 | 29 | 31.82% |
Calgary Row Home May 2025 Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 457 | 1,775 | -16.19% |
| New Listings | 765 | 3,104 | 22.93% |
| Inventory | 1,121 | 843 | 147.21% |
| Sales To New Listings Ratio | 59.74% | 57.18% | -31.83% |
| Benchmark Price | 453,600 | 451,340 | 1.60% |
| Median Price | 449,000 | 458,000 | -0.25% |
| Average Price | 466,345 | 474,540 | 1.21% |
| Average Days on Market | 32 | 31 | 63.16% |
Calgary Condominium May 2025 Statistics
| May-25 | YTD* | Y/Y% † | |
|---|---|---|---|
| Sales | 578 | 2,549 | -30.51% |
| New Listings | 1,231 | 5,183 | 8.75% |
| Inventory | 2,095 | 1,691 | 92.38% |
| Sales To New Listings Ratio | 46.95% | 49.18% | -36.10% |
| Benchmark Price | 335,300 | 334,600 | 2.02% |
| Median Price | 318,000 | 324,900 | 1.53% |
| Average Price | 341,859 | 354,225 | 2.69% |
| Average Days on Market | 41 | 40 | 66.67% |
*Year-To-Date as of June 3rd, 2025
†Year-To-Date, year over year percent change. ‡Calgary Census Metropolitan Area includes Calgary, Airdrie, and Rocky View
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