City of Calgary Overview
Sales Activity: 2,286 homes sold — a 16% decline from June 2024 — but still 18% above long-term trends
New Listings & Inventory: 4,223 new listings were added, lifting active listings to 6,941 homes, an 83% year-over-year increase .
Months of Supply: Rose to 3.04 months, reflecting more balanced market conditions
Benchmark Price: $586,200 — down 4% from last year, and softer than last month’s level
Property-Type Snapshot :
Surrounding Areas
From CREB’s Regional Stats Package
Airdrie:
Sales: 164 units
Benchmark: $538,300 (+2.9% YoY), 518 active listings, 3.16 months of supply.
Cochrane:
Sales: 101 units
Benchmark: $593,700 (+4.0% YoY), inventory 299, 2.96 months supply.
Chestermere:
Sales: 57 units
Benchmark: $715,600 (+3.0% YoY), inventory 248, 4.35 months supply.
Okotoks:
Benchmark: $632,800, inventory 128, 1.47 months supply.
Strathmore:
Benchmark: $442,800 (+2.9% YoY), inventory 86, 4.30 months supply.
Langdon isn’t specifically detailed in the regional summary.
âś… Conclusion
Inventory is now at record highs across Calgary and surrounding markets — +83% in the city, and 2–4+ months of supply in many communities
Sales volume is normalizing, moving from elevated pandemic-era peaks into the mid–2,000s range — still above historical norms .
Benchmark prices have eased slightly, especially in the apartment/row home sectors, reflecting the growing inventory and more buyer-friendly conditions
Detached and semi-detached homes remain relatively firm, supported by tighter supply .
đź“Ś What This Means
Buyers: Enjoy more choice and better negotiating power, particularly in multi-family segments.
Sellers: Need realistic pricing and strong presentation strategies, especially in areas with higher months of supply.
Investors: Watch for stabilized pricing and opportunity in higher-supply pockets like apartments and row homes.
