Calgary Monthly Statistics report for January 2025

Here are some key insights from the City of Calgary Monthly Statistics report for January 2025:


•Sales Decrease: Sales in January were 1,451 units, a 12% decrease compared to the previous year. While sales decreased overall, semi-detached homes saw an increase in sales.


•New Listings Increase: There were 2,896 new listings in January, a 35.5% increase from last year


•Inventory Increase: Overall inventory is up 68% at 3,639 units. Specifically, the inventory of apartments is up 90%


•Months of Supply Increase: The months of supply increased by 91.6% to 2.51


•Sales-to-New-Listings Ratio Decrease: The sales-to-new-listings ratio fell to 50%, down from last month


•Median Price Increase: The total residential median price reached $572,500, which is 9% higher than last year1.... Row housing saw the strongest growth in price. The median price for apartments is $311,500. The median price for detached homes is $698,194


•Semi-detached Price Decrease: Semi-detached homes were the only property type that did not experience price gains, with a median price of $589,257, a 3% decrease