🏡 Calgary & Area Housing Market Report – June 2025

City of Calgary Overview

• Sales Activity: 2,286 homes sold — a 16% decline from June 2024 — but still 18% above long-term trends creblink.com+15creb.com+15calgaryeliterealestate.com+15storeys.com+5creb.com+5calgarylivingandrealty.com+5.

• 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 calgarylivingandrealty.com+9creb.com+9realestatemagazine.ca+9.

• Benchmark Price: $586,200 — down 4% from last year, and softer than last month’s level discoverairdrie.com+11creb.com+11creb.com+11.

Property-Type Snapshot :

Surrounding Areas

From CREB’s Regional Stats Package murrayharris.ca+15creb.com+15buycalgaryhome.com+15:

• 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.

✅ 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 storeys.com+11creb.com+11zolo.ca+11massesahar.ca+6creb.com+6creastats.crea.ca+6.

• 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 creb.com+1murrayharris.ca+1.

• Detached and semi-detached homes remain relatively firm, supported by tighter supply .

📌 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.