Dalhousie Real Estate Market Summary – January 2025

Market Trends

• Detached Homes:

  • Benchmark Price: $735,600 (8% YoY increase)

  • Sales: 1 (No change from last year)

  • Inventory: 5 (67% increase YoY)

  • Months of Supply: 5.00 (Balanced market)

• Semi-Detached Homes:

  • Benchmark Price: $478,300 (9% YoY increase)

  • No sales recorded

  • Inventory: 0, reflecting a continued supply constraint

• Row/Townhouses:

  • Benchmark Price: $339,200 (5% YoY increase)

  • Sales: 1 (No change from last year)

  • Inventory: 3 (50% increase YoY)

• Apartments:

  • Benchmark Price: $233,100 (3% YoY increase)

  • Sales: 4 (-20% YoY decrease)

  • Inventory: 7 (100% YoY increase)

  • Months of Supply: 1.75, showing sustained demand

• Overall Residential Market:

  • Benchmark Price: $469,400 (2.8% YoY increase)

  • Total Sales: 6 (-25% YoY decline)

  • Inventory: 16 (6% YoY decrease)

  • Months of Supply: 2.67, indicating a balanced market

2025 Real Estate Outlook for Dalhousie

• Continued Price Growth: Prices are expected to continue rising, though at a slower pace, driven by limited inventory and steady demand.

• Supply Challenges: Semi-detached homes remain in low supply, potentially driving price increases in this segment.

• Shifting Demand: Apartments and townhouses are seeing stronger demand, particularly among first-time buyers and investors.

• Market Balance Expected: With increasing inventory and slower sales, the market is shifting from a seller’s market to a balanced market, which may create better buying opportunities in the second half of the year.

• Economic & Interest Rate Impact: Interest rates and affordability concerns could moderate sales activity, particularly for higher-priced properties.

Dalhousie remains a desirable community due to its proximity to transit, shopping, and the University of Calgary. Buyers looking for affordability will likely continue targeting apartments and townhouses, while detached home sales may slow due to rising prices.