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🏡 Calgary & Area Housing Market Report – June 2025

🏡 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

  • 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 :

TypeMonth-over-Month %Year-over-Year %Inventory (Months)
Detached——2.60
Semi-detached+2%—2.62
Row homes–3%—3.35
Apartments–3%—3.97

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 .


📌 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.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.