Is now a good time to sell a Calgary detached house? Feb 2025

Prices have been flat since the end of Spring 2024, which is typical for Calgary.

Typically, Early spring is a “tighter” market with fewer detached houses for sale and more buyers looking, which puts upward pressure on prices. Then, by late spring and summer, there will be fewer active buyers, and active listings will tend to accumulate, favouring buyers and taking the pressure off of prices.

While the detached house market is a seller's market, and sellers have the upper hand in negotiations, inventory levels have increased compared to last January, disadvantaging sellers. Months of inventory increased from 1.7 to 2, up 18 percent from last year.

While conditions are still very favourable for sellers, it is a worse time to buy than a year ago. Sellers can expect fewer bidding wars.

The number of Calgary detached houses purchased in January was similar to last year, but the number of houses for sale has risen. That’s why the months of inventory have increased.