Summary Of Condominium Apartment Transactions In Calgary

• Sales: Condo sales remain strong, with demand forecasted to exceed 26,000 units in 2025-over 20% above long-term trends[5][7].
• Average Condo Price: Benchmark apartment price is $337,800 (up 9% year-over-year); typical resale condos range from the high $200,000s[3].
• Median Home Price (All Types): $590,000 as of April 2025[1].
• Market Trend: Market is shifting toward balance as supply improves and price growth moderates (expected annual gain of 3%)[5][7].
• Rental Market: Average one-bedroom rent is $1,600/month (down 5.6% year-over-year); vacancy rate up to 4.8% as new supply comes online[6][11].
• Affordability: Condos remain the most accessible option for buyers, especially compared to detached homes (benchmark $747,500)[3].

Why Choose Calgary?

Calgary’s condo market offers a rare mix of affordability, investment potential, and lifestyle perks. Strong population growth, robust job creation, and ongoing new construction provide buyers with more options and negotiating power. As the market balances in 2025, buyers and investors can benefit from stable prices, increased supply, and a city known for its economic resilience and quality of life.