Where to Buy Real Estate in Canada 2025: Calgary
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Following a long sellers’ market, the environment is shifting in Calgary. In 2025, home buyers can find great deals in these top neighbourhoods.
Photo by Can Pac Swire from Flickr / CC BY-NC 2.0
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Best places to buy
Where to Buy Real Estate in 2025
Best places to buy real estate in Calgary
Here are the top 50 neighbourhoods for real estate purchases in Calgary. To view all the results, slide the columns right or left using your fingers or mouse, or download the data to your device in Excel, CSV or PDF formats.
Source: Calgary Real Estate Board
Top three neighbourhoods in Calgary
Looking for an up-and-coming neighbourhood? Greenwood-Greenbriar in northwest Calgary is gaining popularity, with new residential developments and easy access to some of the city’s favourite destinations. Approximately 37% of households in Greenwood-Greenbriar have children. While the community offers quick access to Highway 1 and Stoney Trail, many residents have a car to get around, as it currently holds a low accessibility rating of 0.5 out of 5 stars.
Calgary Farmers’ Market West is a new neighbourhood hotspot. Spanning 54,000 square feet and home to more than 60 local vendors, it’s a year-round destination for fresh produce and local goods, great for picking up groceries or meeting friends for lunch.
Do you love outdoor spaces? Greenwood-Greenbriar is close to Bowness Park, one of the city’s most popular parks. Bowness Park is just a 15-minute bike ride along the Bow River Pathway, with scenic walking, winter skating trails and boat rentals on the river. The neighbourhood is also a quick five-minute drive away from WinSport’s Canada Olympic Park, home of the 1988 Winter Olympics and one of the best places to learn to ski and snowboard.
View Greenwood-Greenbriar real estate listings on Zoocasa.
Situated in the northeast quadrant, Abbeydale is a working-class neighbourhood primarily composed of single-family homes. Also located in the northeast are Calgary International Airport, the Calgary Zoo and multiple shopping complexes, giving Abbeydale residents easy access to some of the city’s most popular destinations.
With an average price of $488,821 at the end of 2024, Abbeydale homes are significantly below the city average of $577,367, earning the neighbourhood a high value score of 4.1. Price growth has stayed relatively consistent, with five-year growth of 79%, three-year growth of 64%, and one-year growth of 49%.
Bordered by the Trans-Canada Highway and Stoney Trail, the neighbourhood is convenient for car owners, while those reliant on public transit face a longer commute to downtown. The closest C-train station, Marlborough, is about 15 minutes away by bus or 10 minutes by car, giving the neighbourhood a moderate accessibility score of 1.5.
Abbeydale is a relatively young neighbourhood: 20% of residents are 14 or younger, and 43% of households have children. Families in Abbeydale will appreciate the neighbourhood’s multiple playgrounds, the Abbeydale Park Baseball Diamond and the convenience of having Abbeydale Elementary School within the neighbourhood boundaries.
View Abbeydale real estate listings on Zoocasa.
Penbrooke Meadows has an average home price that is more affordable than 75% of neighbourhoods in Calgary, making this southeastern neighbourhood a top choice for budget-conscious buyers. At the end of 2024, the average price reached $434,157, marking a 41% increase from the end of 2023 and a 66% increase from the end of 2019, all of which contribute to its value score of 4.0.
Among the five highest-ranked Calgary neighbourhoods, Penbrooke Meadows leads in accessibility with a score of 2.3. Residents can drive to downtown Calgary in 15 minutes via Memorial Drive. Elliston Park, along with several grocery stores and restaurants, is just beyond the perimeter of the neighbourhood.
With multiple elementary schools within its boundaries, Penbrooke Meadows is a good choice for families with children, particularly as 43% of households have kids. Also within the neighbourhood are several parks and green spaces, giving children plenty of outdoor play options.
View Penbrooke Meadows real estate listings on Zoocasa.
What’s happened in the Calgary real estate market?
Last year was another record-breaking year for Calgary home prices. The composite benchmark price peaked at $589,000 in June 2024, and it finished the year not much lower, at $575,400. But the biggest trend of 2024 was the surge in housing inventory. Mark Neustaedter, an eXp real estate agent, says supply increased across all housing types, but especially apartment condos. (Zoocasa, the author of this study, is wholly owned by eXp World Holdings.)
With more homes on the market, conditions shifted to be more balanced than in recent years. However, there was still fierce demand for well-priced properties. “Single-family detached homes under $700,000 were in high demand and sold quickly,” Neustaedter says. New listings growth was limited to higher-priced properties, so buyers looking for affordable homes had fewer choices and faced more competition.
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What’s next for real estate in Calgary?
Calgary has been a sellers’ market for the last three years. But in 2025, home buyers will be able to browse at a more leisurely pace. That isn’t to say that demand is fizzling out. As housing inventory builds, competition may soften for some properties, like condo apartments, while detached homes continue to be in high demand.
Neustaedter expects demand from home buyers to stay above long-term trends. However, a slowdown in migration to Alberta will likely limit growth in resale activity, he says. “Despite this, I think the market will remain strong with stable sales and continued price growth.”
Calgary’s population reached 1.6 million in 2024, making it one of the fastest-growing cities in Canada. Many other cities are struggling to keep up with housing demand, but Calgary has remained a little ahead of the curve.
Record-high levels of new construction are expected to boost the housing supply, which Neustaedter believes could lead to more balanced market conditions in 2025. This should help ease the aggressive price growth seen in recent few years.
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Read more about buying a home:
- Why are mortgages so expensive in Canada?
- The true costs of home ownership for young Canadians
- The Canadian mortgage stress test, explained
- The best 5-year fixed mortgage rates in Canada
This article was created by Zoocasa.
This is an unpaid article. It was written by a content partner based on its expertise and edited by MoneySense.
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