Market Conditions
Calgary has shifted from the intense seller's market of the past few years into a more balanced market, with approximately 4 months of inventory available. This means buyers have more choice and negotiating power, while well-priced homes are still selling.
Key Numbers
Benchmark home price: approximately $566,700, down about 0.8% year-over-year.
Average sold price: approximately $646,000.
September sales: about 1,650 transactions, slightly lower than the same time last year.
Active listings: roughly 6,300 to 6,700 homes on the market.
Average days on market: approximately 44-55 days.
What's Selling Well?
Detached homes remain the strongest segment. Inventory is more balanced, but demand continues to be supported by employment growth and ongoing migration to Calgary. Detached home prices have generally held up better than condos and townhomes.
Condo and Townhome Market
Condo and row-home inventory has increased significantly due to new construction over the past few years. As a result:
Buyers have more options.
Price pressure has softened.
Some segments are now favoring buyers
What This Means for Sellers
For Calgary sellers:
Accurate pricing is more important than it was in 2023-2025.
Well-presented homes in desirable communities are still attracting strong interest.
Overpriced listings are taking longer to sell as buyers have more choice.
What This Means for Buyers
For buyers:
More inventory means less competition and fewer bidding wars.
There is greater opportunity to negotiate on price, conditions, and possession dates.
Detached homes remain competitive, particularly in sought-after family communities
It's becoming a market where pricing, presentation, and marketing strategy matter again, rather than simply relying on market momentum.
Calgary's market has changed. Pricing, presentation, and marketing strategy matter again. Don't leave one of your biggest investments to chance. Partner with a REALTOR® who brings 39+ years of experience, proven market knowledge, and a commitment to getting the job done right.🏡✅
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