The Calgary real estate market is shifting gears this summer. With inventory surging back to pre-pandemic levels and sales easing, July 2025 marked another month of recalibration for buyers and sellers alike.

Key July 2025 Market Highlights

• Home Sales: 2,099 sales, down 12% year-over-year.

• New Listings: 3,911, up 8% from last July.

• Inventory: 6,917 homes available – a 66% jump, the highest in years.

• Benchmark Price: $582,900, down 3.9% annually.

• Detached Homes: $761,800 benchmark price, nearly unchanged from 2024.

• Semi-Detached Homes: $697,500, up 1% year-over-year.

• Row Homes: Prices fell nearly 4%.

• Apartment Condos: $329,600 benchmark, down 5% from 2024.

What’s Driving the Market?

1. More Choice for Buyers
   After years of tight supply, Calgary’s inventory has climbed sharply. Buyers now have more selection, particularly in newer communities, which is creating downward pressure on prices.

2. Balanced Market Conditions
   The sales-to-new-listings ratio sits near 54%, reflecting more balance compared to the frenzied seller’s market of recent years. Detached and semi-detached homes are holding value better than apartments and row-style properties.

3. Economic Factors
   Mortgage rates continue to ease, with some lenders offering 3-year fixed terms around 4%. However, looming uncertainty over potential U.S. tariffs on Canadian goods could impact employment, affordability, and overall demand in the coming months.

What This Means for Buyers

If you’ve been waiting for more inventory and price relief, this could be your window of opportunity. Apartment and row-style buyers in particular may find negotiable deals. With rates softening, monthly affordability could improve further if interest rates dip again.

What This Means for Sellers

Homes are still selling, but pricing strategy matters more than ever. Overpricing in a market with growing supply could mean sitting on the sidelines. Staging, marketing, and timing are critical to standing out in a more competitive environment.

Calgary Housing Market Outlook

The July 2025 numbers highlight a market in transition. While detached homes remain relatively stable, other property types are adjusting more quickly to the surge in supply. If you’re planning a move this year, staying informed on local trends will be essential for making confident decisions.

👉 Thinking about buying or selling in Calgary? I’d love to walk you through the numbers in your community and help you build a strategy that works for today’s shifting market.

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.