2025 marked a clear transition from a seller’s market to more balanced conditions across Calgary.
Market Overview:
Total sales: 22,751 (↓16% YoY, in line with long-term trends)
New listings: 40,000+ (↑9% YoY)
Average benchmark price: $577,492 (↓2% YoY)
Improved inventory levels for the first time in three years
By Property Type:
Detached Homes
Prices +1% YoY, with City Centre remaining the strongest. Higher supply weighed on prices in the Northeast and East.
Semi-Detached Homes
Prices +3% YoY, led by City Centre gains, offsetting softness in other areas.
Row Homes
Prices −2% YoY, with sharper declines in the Northeast and North due to increased supply and new-home competition.
Apartment Condos
Prices −3% YoY, the largest adjustment in 2025. Market conditions shifted clearly in favour of buyers by mid-year.
Key Takeaway
Market performance varied significantly by location, price range, and property type, highlighting the importance of targeted strategy.
Looking Ahead
CREB®’s 2026 market outlook will be released on January 20, 2026.
Andy Kwok, DBA, REALTOR®
ABR® | CCS | CIPS | CRB
587-969-3083
Your Vision, Our Mission.
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