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Calgary Real Estate Market Update – May 2025 | Inventory Rises, Prices Stabilize

Calgary Real Estate Market Update – May 2025
Balanced Inventory, Steady Prices, and Strategic Opportunity for Both Buyers and Sellers

As we head into the summer months, Calgary’s real estate market continues to show signs of stabilization. According to the latest CREB® Market Report for May 2025, the city’s housing market is experiencing a return to more balanced conditions—welcoming news for both buyers and sellers navigating a shifting landscape.

Inventory on the Rise, But Below Long-Term Averages

May saw a 38% year-over-year increase in inventory levels, with 4,404 properties available across all sectors. While this marks a significant gain from last year’s ultra-tight conditions, supply still remains 29% below long-term May averages. Buyers now have more choice, but sellers continue to benefit from a competitive marketplace, especially in the lower to mid-price ranges.

Sales Slowing, But Still Above Normal

Sales activity cooled slightly compared to earlier in the year, with 3,092 homes sold in May. That’s down 5% from last month but still 34% higher than long-term trends for May. Detached homes remain the most active sector, accounting for nearly half of all transactions, particularly in the $600K–$700K price range.

Prices Hold Steady, Growth Slowing

Calgary’s benchmark residential price in May reached $595,800, up 0.6% from April and 8.3% from May 2024. While annual price growth is still positive, the pace has clearly moderated. Detached homes hit a benchmark of $746,300, up 10.6% year-over-year, while semi-detached and row properties posted moderate annual gains of 8.2% and 15.6% respectively.

The apartment sector saw the smallest annual price growth at 13.3%, suggesting this segment may be plateauing after months of rapid gains.

New Listings Trend Upward

With 4,333 new listings in May—an 18% increase from April—many homeowners appear to be timing the market to take advantage of still-strong prices. The sales-to-new-listings ratio sat at 71%, indicating solid demand but also slightly reduced urgency compared to earlier months.

Months of Supply Increasing, Signaling Balance

The months of supply edged up to 1.43, the highest level since 2023. While still a seller-favoured market by definition, this shift points to better conditions for buyers, especially those who have been waiting on the sidelines for more selection.


What This Means for You

  • Sellers: Strategic pricing is more important than ever. With more inventory coming to market, buyers have options—making presentation, marketing, and negotiation critical to securing top dollar.

  • Buyers: Increased supply means less pressure and more time to make informed decisions. However, desirable homes in prime neighbourhoods are still moving quickly—don’t wait too long.

  • Investors: Rental demand remains high, particularly in the apartment and row home sectors. Slight cooling in price growth offers room for acquisition in emerging areas.


Final Thoughts

Calgary’s housing market in May 2025 reflects a transition—not a downturn. With a growing population, relatively low inventory, and steady demand, the fundamentals remain strong. Whether you’re planning to buy, sell, or invest, staying informed and working with a trusted professional can help you navigate these evolving market conditions confidently.

Want a detailed breakdown of how this affects your specific property or neighbourhood?
📩 Contact Me Today for a personalized market update.

Source CREB.com


Kristen Edmunds is a Calgary-area REALTOR® and Associate Broker with KIC Realty, specializing in acreages, luxury homes, and smart buy/sell strategies. With expertise in rural properties (water wells, septic, equestrian facilities) and a client-obsessed approach, Kristen helps buyers and sellers achieve their real estate goals with confidence and ease.

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🐎 What It’s Really Like to Live on an Acreage Near Calgary

Is acreage living in Alberta your dream—or a reality check in disguise?

Thinking of leaving the city for space, serenity, and sunsets? You're not alone. More and more homebuyers are exploring the idea of living on an acreage near Calgary—and for good reason. The appeal of wide-open space, privacy, and a slower pace is real.

But before you pack up for the foothills or rural Alberta, it’s important to understand what acreage living really involves. As a Calgary-based REALTOR® with 15 years of experience—and a rural upbringing—I help buyers make this transition with confidence and clarity.

Let’s break down the real pros and cons of acreage life so you can decide if it’s truly the lifestyle for you.


✅ Why People Love Living on an Acreage Near Calgary

There’s a reason acreage living is on the rise, especially as remote work becomes more common and families seek more room to grow.

Here’s what makes it so attractive:

  • Space to breathe: Say goodbye to shared fences and city noise. Enjoy larger lots and true privacy.

  • Stunning natural views: From foothills to open skies, you’ll enjoy scenic backdrops year-round.

  • Freedom to create: Outbuildings, gardens, horses, chickens, shops—you name it. With fewer restrictions, the land is yours to shape.

  • Peace and quiet: No constant traffic or noise pollution. Just you, your space, and the great outdoors.

  • Connection to nature: Daily walks, stargazing, and wildlife sightings become part of everyday life.


⚠️ What to Expect When Buying an Acreage in Alberta

Acreage living also comes with a learning curve and unique responsibilities that city dwellers don’t usually face. Here's what you need to know:

💧 Water & Septic Systems

Unlike city homes, acreages typically rely on private wells and septic systems. These require maintenance, occasional inspections, and a basic understanding of how they work. If something goes wrong—it’s your responsibility to fix it.

❄️ Snow Removal

That long gravel driveway may look charming in summer—but come winter, you become the snowplow. Expect to invest in equipment, hire a contractor, or plan time for clearing snow yourself.

🚗 Commuting & Services

Living outside Calgary means longer drives for groceries, school, and work. Emergency services, deliveries, and even garbage pickup may be delayed or handled differently. Make sure your daily routine is compatible with a more rural setup.

📶 Internet & Utilities

Some rural areas still experience slow or spotty internet and cell service. That said, satellite and rural broadband options are improving—just confirm serviceability before buying.

🧰 More Self-Reliance

There’s no condo board or landlord to handle things. From fixing fences to troubleshooting your well pump, acreage life rewards independence and a can-do attitude.


🧡 The Hidden Perk: A Stronger Sense of Community

Despite all the space, acreage communities often have a surprising upside: tight-knit, supportive neighbors. People wave. They help each other. It’s less anonymous than the city, and more personal.


🤔 Is Living on an Acreage Near Calgary Right for You?

If you’re dreaming of more freedom, more space, and a quieter way of life—acreage living in Alberta might be exactly what you need.

But it’s not for everyone. It takes planning, awareness, and the right support to make it work—especially if you're also selling a home in the city or managing a complex transition.

That’s where I come in.

As a local expert with deep rural knowledge and a track record of guiding clients through buy/sell transitions, I can help you make a confident move—without surprises.


📋 Free Download: Acreage Buyer Checklist

Ready to explore acreage properties near Calgary?
📩 Download my free Acreage Buyer Checklist for everything you need to know before you start shopping.

Whether you’re looking in Foothills County, Rocky View, Cochrane, Okotoks, or Chestermere, I’ll help you find a property that fits your lifestyle—without the guesswork.

👉 DM me “ACREAGE” on Instagram and I’ll send it your way!


🔍 Frequently Asked Questions

What are the downsides of living on an acreage near Calgary?

You’re responsible for your own water, septic systems, snow removal, and property maintenance. Commute times are longer, and internet may not be as reliable. It's a more independent lifestyle.

Is acreage living worth it in Alberta?

If you value privacy, outdoor space, and the freedom to create your own lifestyle, acreage living can be incredibly rewarding. Just be prepared for a different pace and more hands-on responsibility.


📞 Want to Talk About Acreage Life?

Let’s connect. I’d love to hear about your dream lifestyle and help you figure out if an acreage is truly the right move.
📲 Book a consultation, follow me on Instagram @KristenEdmunds.RealEstate, or shoot me a DM with “ACREAGE” to get started.


Kristen Edmunds is a Calgary-area REALTOR® and Associate Broker with KIC Realty, specializing in acreages, luxury homes, and smart buy/sell strategies. With expertise in rural properties (water wells, septic, equestrian facilities) and a client-obsessed approach, Kristen helps buyers and sellers achieve their real estate goals with confidence and ease.

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April 2025 Calgary Real Estate Market Update: A Shift Toward Balance

After years of red-hot activity, Calgary's real estate market is finally catching its breath.

According to the Calgary Real Estate Board (CREB), April 2025 marked a noticeable shift. While sales slowed compared to last year’s frenzy, we’re seeing inventory levels more in line with long-term averages. What does this mean for you? More choice, fewer bidding wars, and a market that's beginning to favour balance over chaos.

Here’s what stood out:

🏘️ Inventory Has Doubled—But That’s Not a Bad Thing

April inventory rose to 5,867 units—more than double last year's ultra-low levels. But don’t let that number fool you. Supply in April 2024 was historically low. Today’s inventory is actually typical for this time of year, helping restore balance.

📉 Sales Are Down—But Still Strong Historically

Sales came in at 2,236 units, down 22% year-over-year. While that sounds like a big drop, it’s important to note: these numbers still sit comfortably above pre-pandemic norms. Buyers have pulled back slightly due to economic uncertainty and higher interest rates, but they haven’t disappeared.

🧭 We’re Entering Balanced Market Territory

With nearly 3 months of supply now available (up from less than 1 month last year), Calgary is shifting out of seller's market territory. The pace of price growth is slowing, and negotiations are back on the table.

💰 What’s Happening with Prices?

  • Overall benchmark price: $591,100 (down slightly from March, but up 0.6% year-to-date)

  • Detached homes: $769,300 (up 2.4% YOY)

  • Semi-detached: $691,700 (up 3.6% YOY)

  • Row homes: $457,400 (virtually flat YOY)

  • Apartments: $336,000 (up just 0.15% YOY)

Prices have mostly held steady compared to last month, showing resilience even as market activity softens.

📊 What This Means for You

  • Sellers: If your home is priced correctly, buyers are still out there—but gone are the days of “list high and let the market catch up.” Strategy matters more than ever.

  • Buyers: You’ve got more breathing room and better selection than we’ve seen in over a year. While rates remain a hurdle, stable prices and growing inventory may work in your favour.


If you're considering buying or selling, now is a great time to reassess your strategy. Let’s chat about how to take advantage of today’s shifting market conditions.

Source CREB.com


Kristen Edmunds is a Calgary-area REALTOR® and Associate Broker with KIC Realty, specializing in acreages, luxury homes, and smart buy/sell strategies. With expertise in rural properties (water wells, septic, equestrian facilities) and a client-obsessed approach, Kristen helps buyers and sellers achieve their real estate goals with confidence and ease.

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Understanding Your Relationship with a Real Estate Agent: A Guide for Buyers and Sellers

When you’re buying or selling a home, it’s essential to understand your relationship with your real estate professional. This relationship isn’t just about having someone help you find or sell a property—it defines the level of service, responsibility, and confidentiality you can expect. In Alberta, all buyers and sellers are given the Consumer Relationship Guide to explain these options. Here’s a quick breakdown to help you understand the main points.

Why This Guide Matters

Buying or selling a property is one of the biggest financial moves you’ll make, so it’s critical to know what kind of support your real estate professional can offer. By signing this guide, you’re acknowledging that your agent has explained these options to you, and you’ll make an informed decision about your working relationship.

Types of Relationships with a Real Estate Agent

The Consumer Relationship Guide covers three main ways you can work with a real estate agent:

  1. Common Law Agency (Brokerage Agency)

    • In this setup, the entire brokerage (including all its agents and staff) represents you as their client. Everyone in the brokerage works collectively in your best interest. This is often called a common law agency relationship.

  2. Designated Agency (Individual Agent)

    • In a designated agency relationship, you work directly with one specific real estate agent, who is your designated representative. This agent will handle your needs exclusively without other agents from the brokerage being involved, ensuring more focused support.

  3. Customer Relationship

    • If you decide to represent yourself in a transaction, your real estate agent will act as a facilitator rather than an advisor. This means they won’t give you the same services or level of guidance as they would for a client. Instead, they can provide general information, help you fill out forms, and connect you with appraisers or mortgage brokers, but won’t advocate specifically for your interests.

Responsibilities of an Agent When They Represent You

If you choose to have an agent-client relationship, your real estate professional has specific obligations to protect and support you fully. These responsibilities include:

  • Undivided Loyalty: Your agent will prioritize your interests, putting them above anyone else’s, including their own.

  • Confidentiality: Your personal information and transaction details stay private, even after your relationship ends.

  • Full Disclosure: Your agent must tell you everything that might impact your decision, including conflicts of interest.

  • Obedience: They will follow all lawful instructions you provide.

  • Reasonable Care and Skill: Your agent must perform their duties to the best of their professional abilities.

  • Full Accounting: They’ll keep track of any property or funds they manage for you.

 

Conflict of Interest: When Your Agent Represents Both Buyer and Seller

In cases where the same agent represents both the buyer and the seller, there’s a potential for conflict of interest. Here’s how this situation can be handled:

  1. Separate Representation: Either the buyer or the seller can work with a different agent.

  2. Customer Relationship: The agent may continue working with one party as a customer rather than a client. They’ll provide impartial help but won’t advocate for either side’s best interest.

  3. Facilitated Transaction: The agent can act as a facilitator, offering services equally to both sides. They won’t give confidential advice or favor one side over the other. Their goal is to complete the transaction fairly, relaying offers, documents, and updates to both parties.

All parties must agree in writing to any change in relationship before any offers are made or accepted.

Making an Informed Choice

Your real estate professional should take the time to explain all these options and their responsibilities. Once you’re clear on how you want to proceed, you’ll be asked to sign an agreement that details your relationship with them.

Final Thoughts

Understanding the type of relationship you have with your real estate agent can make a big difference in your buying or selling experience. Whether you need full advocacy, general assistance, or something in between, the Consumer Relationship Guide ensures that you know what to expect.

When you sign off on this guide, it’s not just paperwork—it’s about making sure you’re informed and comfortable with the level of support you’ll receive.


If you have any questions or would like to discuss your options in more detail, feel free to reach out. I’m here to help you make informed decisions in your real estate journey.


Kristen Edmunds is a Calgary-area REALTOR® and Associate Broker with KIC Realty, specializing in acreages, luxury homes, and smart buy/sell strategies. With expertise in rural properties (water wells, septic, equestrian facilities) and a client-obsessed approach, Kristen helps buyers and sellers achieve their real estate goals with confidence and ease.


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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.