The place to Purchase Actual Property in 2025
Finest locations to purchase actual property in Calgary
Listed below are the highest 50 neighbourhoods for actual property purchases in Calgary. To view all the outcomes, slide the columns proper or left utilizing your fingers or mouse, or obtain the information to your machine in Excel, CSV or PDF codecs.
Supply: Calgary Actual Property Board
Prime three neighbourhoods in Calgary
On the lookout for an up-and-coming neighbourhood? Greenwood-Greenbriar in northwest Calgary is gaining recognition, with new residential developments and easy accessibility to a few of the metropolis’s favorite locations. Roughly 37% of households in Greenwood-Greenbriar have youngsters. Whereas the neighborhood provides fast entry to Freeway 1 and Stoney Path, many residents have a automobile to get round, because it presently holds a low accessibility ranking of 0.5 out of 5 stars.
Calgary Farmers’ Market West is a brand new neighbourhood hotspot. Spanning 54,000 sq. toes and residential to greater than 60 native distributors, it’s a year-round vacation spot for recent produce and native items, nice for selecting up groceries or assembly mates for lunch.
Do you’re keen on outside areas? Greenwood-Greenbriar is near Bowness Park, one of many metropolis’s hottest parks. Bowness Park is only a 15-minute bike trip alongside the Bow River Pathway, with scenic strolling, winter skating trails and boat leases on the river. The neighbourhood can also be a fast five-minute drive away from WinSport’s Canada Olympic Park, residence of the 1988 Winter Olympics and probably the greatest locations to be taught to ski and snowboard.
View Greenwood-Greenbriar actual property listings on Zoocasa.
Located within the northeast quadrant, Abbeydale is a working-class neighbourhood primarily composed of single-family properties. Additionally situated within the northeast are Calgary Worldwide Airport, the Calgary Zoo and a number of buying complexes, giving Abbeydale residents easy accessibility to a few of the metropolis’s hottest locations.
With a mean worth of $488,821 on the finish of 2024, Abbeydale properties are considerably under town common of $577,367, incomes the neighbourhood a excessive worth rating of 4.1. Worth development has stayed comparatively constant, with five-year development of 79%, three-year development of 64%, and one-year development of 49%.
Bordered by the Trans-Canada Freeway and Stoney Path, the neighbourhood is handy for automobile homeowners, whereas these reliant on public transit face an extended commute to downtown. The closest C-train station, Marlborough, is about quarter-hour away by bus or 10 minutes by automobile, giving the neighbourhood a reasonable accessibility rating of 1.5.
Abbeydale is a comparatively younger neighbourhood: 20% of residents are 14 or youthful, and 43% of households have youngsters. Households in Abbeydale will respect the neighbourhood’s a number of playgrounds, the Abbeydale Park Baseball Diamond and the comfort of getting Abbeydale Elementary Faculty inside the neighbourhood boundaries.
View Abbeydale actual property listings on Zoocasa.
Penbrooke Meadows has a mean residence worth that’s extra inexpensive than 75% of neighbourhoods in Calgary, making this southeastern neighbourhood a best choice for budget-conscious consumers. On the finish of 2024, the common worth reached $434,157, marking a 41% enhance from the tip of 2023 and a 66% enhance from the tip of 2019, all of which contribute to its worth rating of 4.0.
Among the many 5 highest-ranked Calgary neighbourhoods, Penbrooke Meadows leads in accessibility with a rating of two.3. Residents can drive to downtown Calgary in quarter-hour through Memorial Drive. Elliston Park, together with a number of grocery shops and eating places, is simply past the perimeter of the neighbourhood.
With a number of elementary faculties inside its boundaries, Penbrooke Meadows is an effective alternative for households with youngsters, notably as 43% of households have children. Additionally inside the neighbourhood are a number of parks and inexperienced areas, giving youngsters loads of outside play choices.
View Penbrooke Meadows actual property listings on Zoocasa.
What’s occurred within the Calgary actual property market?
Final 12 months was one other record-breaking 12 months for Calgary residence costs. The composite benchmark worth peaked at $589,000 in June 2024, and it completed the 12 months not a lot decrease, at $575,400. However the largest pattern of 2024 was the surge in housing stock. Mark Neustaedter, an eXp actual property agent, says provide elevated throughout all housing varieties, however particularly residence condos. (Zoocasa, the creator of this research, is wholly owned by eXp World Holdings.)
With extra properties available on the market, circumstances shifted to be extra balanced than in recent times. Nonetheless, there was nonetheless fierce demand for well-priced properties. “Single-family indifferent properties below $700,000 have been in excessive demand and bought shortly,” Neustaedter says. New listings development was restricted to higher-priced properties, so consumers in search of inexpensive properties had fewer selections and confronted extra competitors.
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What’s subsequent for actual property in Calgary?
Calgary has been a sellers’ marketplace for the final three years. However in 2025, residence consumers will be capable of browse at a extra leisurely tempo. That isn’t to say that demand is tapering off. As housing stock builds, competitors might soften for some properties, like condominium flats, whereas indifferent properties proceed to be in excessive demand.
Neustaedter expects demand from residence consumers to remain above long-term developments. Nonetheless, a slowdown in migration to Alberta will seemingly restrict development in resale exercise, he says. “Regardless of this, I believe the market will stay robust with secure gross sales and continued worth development.”
Calgary’s inhabitants reached 1.6 million in 2024, making it one of many fastest-growing cities in Canada. Many different cities are struggling to maintain up with housing demand, however Calgary has remained just a little forward of the curve.
Document-high ranges of latest building are anticipated to spice up the housing provide, which Neustaedter believes may result in extra balanced market circumstances in 2025. This could assist ease the aggressive worth development seen in latest few years.
