Best Time to Sell a House in Calgary
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Need to Know What is the Best time to Sell a house in Calgary?
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The timing of listing your home can greatly affect how well you sell it. It can also help you get a better sale price. We used artificial intelligence to study 15 years of Calgary sales data. This gives a clear answer on the best time to sell your house. It also helps you get the highest sale price and list your home effectively.
The optimal month to sell a house in Calgary is March to maximize your sale price. Our data shows that March often does better than other months in important sales metrics. These include days on the market, list-to-sold price ratios, and sale prices. June, April, and May also exhibit strong performance for those looking to sell a house in Spring.
We will explore how different seasons impact your home’s selling potential in Calgary. Our AI has analyzed surprising results about the post-COVID recovery. It has changed the Calgary housing market and shifted long-term trends.
Analyzing the Best Time to Sell a House in Calgary
1. Long Term Trend: Using AI to Analyze 15 Years of Data
Our AI model analyzed 15 years of Calgary sales data to identify the best and worst months for selling your home. It ranked them based on a scorecard that considered the lowest days on the market, highest list-to-sold price ratio, and highest sold price.
The long-term data suggests that May has been the best-performing month, with a score of 0.94. June and March are also top performers, rounding out the top three.
Rank | Month | Cumulative Score |
---|---|---|
1 | May | 0.94 |
2 | June | 0.91 |
3 | March | 0.89 |
4 | April | 0.88 |
5 | February | 0.80 |
6 | July | 0.69 |
7 | August | 0.64 |
8 | September | 0.58 |
9 | October | 0.52 |
10 | November | 0.41 |
11 | January | 0.28 |
12 | December | 0.00 |
2. Short Term Trend: Using AI to analyze 4 Years of Data
The pandemic changed many things in our lives. This change is clear in how consumers buy, what they buy, and when they buy. Our AI model shows that this phenomenon has affected housing.
When we analyze the scorecard using only data from after the pandemic, we see a clear change. This data starts from January 2020. Consumers are now more eager to buy a home.
The short-term data suggest that the best-performing month has been March with a score of 0.91. May’s score has dropped significantly to fourth place. Now the months of June and April complete the top three.
Peak real estate demand in Calgary happens in March. This makes it a great time to list your home and get a good sale price.
Is this short-term trend sustainable? We believe it is, as long as inventories remain low and interest rates continue to fall. This encourages buyers to start their search sooner to avoid missing out on a home (FOMO). Also a large mortgage refinancing event, expected by mid-2025, will likely change the market trends by increasing inventories, so potential sellers need to be aware of this trend.
The Final Verdict and Considerations
After looking at both long-term and short-term scores, it is clear that March is the best time to sell a house in Calgary. This month is the busiest time for Calgary’s housing market. It is a great time to sell your home.
It is always a good idea to talk to a top rated real estate agent near you. They can help you understand the trends in your community.
Good News! Calgary Offers a Wide Time Window to Sell Your House
Before changing your plans to sell your home in March, think about the Calgary housing market in 3 groups:
- Late Winter/Spring (Great)
- Late Summer/Early Fall (Good)
- December/January (Avoid unless necessary)
The time from mid-February to mid-June usually has the best results. Homes spend less time on the market and sell for higher prices.
In fact, the difference in the average selling price for detached homes between March and May is only $1,140. Additionally, June can be an excellent month for selling, as it often registers the highest sold prices.
Months like July, September, and October are good times to sell a house. This is especially true for those who want to sell quickly. In the last three years, October’s performance has been similar to April and May. This makes it a good option for people wanting to sell their home when they price it right.
Is there a worst time to sell a house in Calgary?
Listing your home for sale involves many important factors. Timing the market perfectly is not always possible. So, let’s examine the outcomes for sellers who might list in the second half of the year.
December is consistently the worst time to sell a house in Calgary. It is important to plan ahead if you want to sell your house well. This includes looking at days on the market, list-to-sold price ratio, and sold price. This month is not a good time to sell your home. Demand is low, and sale prices are also low. Only sell if you really have to.
January performs a little better than December but not by much. If you need to sell in this month, it is best to consult with an experienced agent to better understand your community trends.
April can often be a challenging month in Calgary. Although it scores well, spring break, Easter and holiday planning all lower demand. This can be particularly true for family oriented communities.
When considering listing a home after June, sellers should manage their expectations realistically, and not anticipate achieving the same results as their neighbours did earlier in the year.
Rank | Month | Avg. Sold Price |
---|---|---|
7 | October | $626,261.50 |
8 | July | $624,460.50 |
9 | September | $623,156.75 |
10 | August | $621,754.25 |
11 | November | $617,979.25 |
12 | December | $586,443.33 |
Significant Events to Watch Out For
For homeowners approaching their mortgage renewal window, timing the market to align with optimal selling months is a crucial strategy. By planning to list their property during peak performance periods, such as March through June in Calgary, homeowners can maximize their chances of a favourable sale. This approach ensures they are entering the market when demand is high, potentially leading to quicker sales and better financial outcomes.
Investors, on the other hand, should consider aligning their lease expirations with periods that precede optimal selling times. For instance, setting lease terminations in Calgary for January or February can prepare the way for listing the property in the high-performing months of March and April. This strategic timing allows investors to capitalize on market conditions when they are most advantageous, potentially selling the property swiftly and at a higher price once the tenant has vacated.
Latest Market Trends to Watch out For in 2025:
- Bank of Canada interest rate reductions in 2025
- Large volume of Canadian mortgage refinancing in 2025 (from low to higher rates)
- Large volume of global debt due to refinance in 2025 (June onwards)
- USA tariffs and impact on Canadian dollar
- Federal election
- Persistent inflation and impact on housing materials