What is really happening in the Calgary Real Estate Market?
The following graph shows the months of inventory for each housing sector. Looking at a one-year trendline gives you an indication of where things are really heading.
Graph showing Months of Inventory for Calgary Real Estate Market
Gord’s commentary for the month (just my opinion).
June 1, 2025, Highlights
Months of Inventory Increases again!
Prices Decline overall
Apartment Condos are now in Buyer’s market territory.
Calgary Listing Inventory
Our Inventory stayed steady for the month of July ending with 24 less listings that in June.
The only sector that saw an increase in inventory was the Attached Row sector and it was only 26 listings higher.
Calgary Sales
Sales for July were down by 187 sales overall. Of this decrease the largest sector was the detached home sector with 163 less sales. The only sector that saw an increase in sales was the Attached Row sector with an increase of 25 sales. Sales slowing in July is a normal pattern with summer holidays starting and stampede week slower sales are expected. We can expect every month between now and the end of the year to have lower sales.
Sales Compared to 2024:
Compared to July of 2024 our sales were down 275 or 11.6%. While this drop seems significant, it is because last year was an abnormally high month/year of sales.
| Feb | March | April | May | June | July | |
| 2024 | 2132 | 2658 | 2876 | 3090 | 2374 | 2374 |
| 2025 | 1721 | 2159 | 2236 | 2568 | 2286 | 2099 |
| Change | -411 | -499 | -640 | -522 | 88 | -275 |
| % Change | -19.28 | -18.88 | -22.25% | -16.89 | -.04 | -11.6% |
Calgary Real Estate Benchmark Sales Prices:
The overall Benchmark price for July was only $3,300 lower than at the end of June. The largest sector change was in the Attached Row sector which declined by $4,100. The only sector that gained in July was the Semi-Detached sector which increased by $1,100
Current Months of Inventory (Absorption Rate):
The Months of Inventory for July increased overall by .26
All sectors had similar increases except the Attached row sector which decreased by .16
Important to note that the Apartment Condo Sector has now officially moved into Buyer’s market territory.
My Prediction for what is ahead:
In the short term (3-6 months), I believe, based on our trend is that we will continue to see our months of Inventory increase slightly every month which will put the entire market into a more balanced territory with prices decreasing slightly. What is interesting is when you look at specific communities some are up, and some are down. It is also interesting to note that while the only sector showing to be in a buyer’s market is the Apartment Condo sector but buyers in all sectors are acting like we a in a full blown buyers market.
Calgary Real Estate Board Realtors Stats
Tags: 2025, calgaarycondostats - August 2025, Calgary Condo Prices, Calgary Home Prices, Calgary housing stats aug 1, Calgary Real Estate Board Stats - Aug 1