The Calgary real estate market continued its shift in June 2025, with sales activity cooling while new listings surged, creating more balance for buyers and sellers. According to the latest CREB® (Calgary Real Estate Board) market update, June marked another month of important changes in pricing, supply, and demand.
Key Highlights from June 2025
Home Sales: 2,286 homes sold in June 2025, down 16% year-over-year compared to June 2024.
New Listings: 4,223 new listings hit the market, up 11% year-over-year, helping boost supply.
Benchmark Price: $586,200, down 3.6% annually and 0.6% monthly, signaling slight but steady price adjustments.
Sales-to-New Listings Ratio (SNLR): 54%, reflecting a balanced market.
Inventory: Supply levels continued to climb, reaching levels not seen since pre-pandemic years.
Home Prices by Property Type
Detached Homes: Average price of $820,000, down 1.1% year-over-year.
Semi-Detached Homes: Average price of $701,000, up 5.4% year-over-year, showing strength in this segment.
Townhouses: Average price of $466,000, down 2.6% year-over-year.
Condo Apartments: Average price of $352,000, down 1.6% year-over-year.
Detached and townhouse sectors saw modest declines, while semi-detached homes bucked the trend with healthy annual growth. Apartment condos remain the softest segment, with both prices and sales under pressure.
What This Means for Buyers
For buyers, June’s market conditions offered more choice and negotiating power than in 2024. Rising inventory and balanced conditions mean fewer bidding wars and more opportunities to find the right property at the right price. Mortgage rates—hovering around 3.94% for a 3-year fixed term—also provided some relief for qualified buyers.
What This Means for Sellers
Sellers are facing a more competitive environment as new listings outpace sales. Pricing strategically and preparing homes for sale are critical in this environment. While detached and semi-detached homes are holding value relatively well, row and condo sellers may need to adjust expectations given softer demand.
Looking Ahead
The Calgary housing market is rebalancing after years of tight supply. With more inventory coming online and sales activity moderating, we can expect prices to remain under slight pressure through the summer. That said, Calgary’s relative affordability compared to other Canadian cities continues to support long-term demand.
Final Thoughts
The June 2025 CREB® housing report highlights a market that’s shifting toward balance. Whether you’re buying your first home, upgrading, or considering selling, staying informed on the latest stats is key to making confident decisions.
If you’d like a personalized market analysis for your Calgary community or property type, feel free to reach out—I’d be happy to provide you with tailored insights.
Kristen Edmunds is a Calgary-area REALTOR® and Associate Broker with KIC Realty, specializing in acreages, luxury homes, and smart buy/sell strategies. With expertise in rural properties (water wells, septic, equestrian facilities) and a client-obsessed approach, Kristen helps buyers and sellers achieve their real estate goals with confidence and ease.
