Airdrie: Airdrie’s real estate market remained active in February 2025, with 225 new listings and 123 sales, bringing inventory to 345 homes and months of supply to nearly 3, the highest since before the pandemic. The benchmark price held steady at $537,600, up 1.6% year-over-year but below the fall peak, while homes averaged 37 days on the market. Overall, the market shows steady demand with increasing inventory, offering some relief to buyers.
Calgary: Inventory surged 76% year-over-year in February to 4,145 units, with the largest gains in homes under $500,000, particularly apartments and townhouses. Sales reached 1,721, above historical averages but 19% lower than last year, while new listings totaled 2,830, resulting in a 61% sales-to-new listings ratio. The benchmark price was $587,600, up 1% year-over-year, with price growth slowing as market conditions eased from the strong seller’s market of recent years.
Cochrane: February saw 75 sales and 126 new listings, both increasing year-over-year and exceeding long-term market averages. Inventory rose by 48% to 196 units, the highest since spring 2021 but still below historical February norms. This increase pushed months of supply to 2.6 months. Despite the inventory gains, market conditions remained tight, supporting price growth. The benchmark price rose over 5% year-over-year to $577,100, approaching record-high levels seen last summer.
Rene Simpson | Realtor ® / Real Estate Associate
Legacy Real Estate Services
Renesimpson.realtor@gmail.com
renesimpsonrealty.ca
403-901-5526
Airdrie, Calgary and area Residential Realtor ®
(Stats provided by CREB®)
