Calgary’s condo market in 2025 presents a unique blend of affordability and investment potential, making it an attractive option for both homeowners and investors. Cedarglen Living, a leader in Calgary’s multi-family community development, offers a range of condo options that cater to diverse lifestyle needs.
Current Market Snapshot
As of November 2024, Calgary’s real estate market has demonstrated remarkable resilience, with the condo segment playing a pivotal role in sustaining housing availability amidst affordability concerns. The benchmark apartment price stood at $337,800, representing a 9% year-over-year increase, offering both affordability and potential for appreciation.
According to the Calgary Real Estate Board’s (CREB) 2025 Forecast, housing demand is expected to remain strong, with sales forecasted to exceed 26,000 units—over 20% higher than long-term trends. The report also predicts that Calgary’s housing market will transition toward balanced conditions, with price growth moderating to an expected annual gain of 3%.
Affordability: A Key Driver
Affordability remains a pivotal driver of Calgary’s condo market. As of December 2024, the benchmark price for detached homes reached $747,500, while apartment condominiums had a benchmark price of $332,400, making them a more accessible option for first-time buyers and young professionals.
Cedarglen Living addresses this demand by offering a variety of 1-, 2-, and 3-bedroom condos across several communities, such as Alpine Park Place and Glacier Ridge, with starting prices in the high $200,000s.
Investment Opportunities
Calgary experienced record population growth in 2024, with an increase of 4.9% as of April 1, compared to the previous year. This surge in population has led to heightened demand for housing, particularly in the rental market, which has created significant opportunities for property investors.
Cedarglen Living’s developments are strategically located in high-demand areas, enhancing their appeal to potential tenants. For instance, Seton Serenity offers luxury living amidst a sea of amenities, making it an attractive option for renters seeking convenience and modern living.
Challenges and Considerations
While the outlook is positive, potential investors and homeowners should be mindful of certain challenges:
- Rising Construction Costs: Increased material and labour costs could exert upward pressure on condo prices.
- Condo Fees and Maintenance: It’s essential to factor in monthly condo fees and maintenance costs when budgeting for a purchase.
- Regulatory Changes: Stay informed about local policies or zoning laws that may impact the condo market.
Why Choose Cedarglen Living in Calgary?
Cedarglen Living is an industry leader in Calgary’s multi-family community development, with over a decade of experience crafting high-quality, affordable condos in prime locations. Whether you’re a first-time buyer, downsizing homeowner, or savvy investor, Cedarglen Living offers thoughtfully designed spaces that prioritise comfort, functionality, and long-term value.
Seize the Opportunity in Calgary’s Condo Market
Calgary’s condo market in 2025 stands out for its blend of affordability, lifestyle perks, and investment potential. With strong population growth, rising rental demand, and an expanding job market, now is the time to act. Contact Cedarglen Living today to explore our thoughtfully designed condos in vibrant communities like Seton Serenity and Glacier Ridge.
Sources:
- Calgary Real Estate Board. “2025 Forecast – Calgary and Region Yearly Outlook Report.” (creb.com)
- Canadian Real Estate Magazine. “Understanding Calgary’s Condo Market: Trends, Insights, and Predictions for 2025.” (canadianrealestatemagazine.ca)
- Statistics Canada. “Calgary’s Population Growth in 2024.” (statcan.gc.ca)
