Calgary Real Estate - Shaun French Realty

• MARKET UPDATE •

Calgary’s housing market remained relatively balanced in April, but conditions continue to vary significantly depending on property type.

🏡 Detached homes continue to be the tightest segment of the market, with just over 2 months of supply. Inventory remains below long-term trends, particularly in higher-demand areas like the North West, West, and South districts where seller-favouring conditions are still present. Homes in more affordable price ranges continue to see strong competition.

🏘️ Semi-detached homes also remained relatively balanced, with stable supply and continued monthly price growth. Conditions vary by district, with stronger performance continuing in the City Centre, North West, and West areas.

🏘️ Row homes are showing more balanced-to-supplied conditions as inventory levels continue to rise. While sales and new listings both increased seasonally in April, inventory is sitting above last year’s levels and price trends are becoming more dependent on location.

🏢 Apartment-style condos continue to experience the most supply pressure. Inventory reached nearly 1,920 units, sitting well above long-term averages and creating buyer-friendly conditions with over 4 months of supply. Increased apartment construction and slower migration continue to impact this segment most significantly.

📈 Citywide market snapshot (April):
• 5,973 homes in inventory
• Sales-to-new-listings ratio: 55%
• Months of supply: just under 3 months
• Benchmark price: ~$568,800
• Prices rose month-over-month due to seasonal spring activity, but remain approximately 3% below last year’s levels overall.

📊 What this means:
✔️ Detached homes remain competitive in many price ranges and districts
✔️ Buyers have more negotiating power in condos and some row home segments
✔️ Inventory growth is helping create more balanced market conditions citywide
✔️ Pricing trends are becoming increasingly dependent on property type, location, and price point

Thinking about buying or selling this spring? The strategy matters more than ever in today’s market.

📱403.620.7753
📧 [email protected]
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✨ JUST LISTED IN SILVERADO ✨

🏡 417 Silverado Blvd SW
🏷 $729,999
MLS: A2308050

Thinking about making your next move? This is the kind of home move-up buyers wait for 👀

✔ Nearly 2,900 sq ft of developed living space
✔ 4 bedrooms + 3.5 bathrooms
✔ Bright open-concept main floor
✔ 9' ceilings + large windows throughout
✔ Fully finished basement with wet bar
✔ A private backyard ready for summer nights
✔ Major exterior updates already completed

Imagine summer BBQs on the back deck, kids walking to school, enough space for everyone to spread out, and a home that truly feels move-in ready from day one ☀️

Located in the family-friendly community of Silverado with quick access to Stoney & Macleod, this is one you don’t want to miss.

✨ Book your showing today! ✨

Join us:
📅 Saturday, May 9th
⏰ 1:00-4:00PM

Contact me directly if you have any questions or want more information!

📱403.620.7753
📧 [email protected]
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• MARKET UPDATE •

Calgary’s housing market is moving into spring with balanced overall conditions, but performance continues to vary significantly by property type.

🏡 Detached homes remain the tightest segment, with just over 2 months of supply. Ongoing inventory constraints — especially for homes under $700K — continue to support demand and keep this segment competitive.

🏘️ Semi-detached homes are also in balanced conditions, with steady demand and inventory levels holding relatively consistent with seasonal trends.

🏘️ Row homes are shifting toward higher supply, with close to 3 months of inventory and softer sales activity compared to last year.

🏢 Apartment-style condos are experiencing the most supply pressure, with approaching 5 months of inventory. This is largely driven by elevated new construction levels and slower migration, creating more buyer-friendly conditions in this segment.

📉 Slower population growth combined with a surge in apartment construction — including thousands of units still under construction — continues to impact both rental and condo ownership markets.

📈 Citywide market snapshot (March):
• ~1,881 sales (↓ ~13% year-over-year)
• Inventory continues to rise, driven by condos and row homes
• Months of supply trending up, supporting more balanced conditions
• Benchmark price: ~$565K (slightly down year-over-year, stable month-over-month)
• Sales-to-new-listings ratio remains in balanced territory

Condominiums and row homes now account for a significant share of total inventory, while tighter detached conditions are helping offset broader supply gains.

📊 What this means:
✔️ Detached homes remain competitive, especially in lower price ranges
✔️ Buyers have more options and negotiating power in condos
✔️ Row homes are transitioning toward a more balanced-to-supplied market
✔️ Overall conditions are stabilizing after the past few years of high demand

Thinking about buying or selling this spring? Let’s build a strategy that fits today’s market.

📱403.620.7753
📧 [email protected]
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