“The market is shifting… and fast.”
That’s the buzz on the ground right now in Calgary, Airdrie, and the surrounding areas. If you’ve been watching the real estate market this summer, you’ve probably noticed things look a little different than they did last year.
More homes are hitting the market. Listings are taking longer to sell. And buyers? They suddenly have more leverage and more choice than they’ve had in years.
So, what’s really happening? Let’s break it down.
Inventory is Climbing – Fast
June 2025 ended with 6,941 active listings, a staggering 83% increase compared to last year. We haven’t seen this much inventory since 2021, before the massive population surge sent demand skyrocketing.
This surge in listings is giving buyers the upper hand. More options mean less urgency, and homes are staying on the market longer. The average days on market jumped to 33 days, up nearly 68% from last year.
Prices Are Starting to Feel the Pressure
The benchmark price for all residential properties in Calgary dipped to $586,200—down 3.6% from June 2024. The biggest declines are hitting apartment and row homes, which are both down over 3% year-over-year.
Detached homes, however, are holding their ground at $764,300, barely 0.4% lower than last year. Semi-detached homes are even managing a small price increase, sitting at $696,400 (up 1.5% from 2024).
Sales Are Slowing – But Not Stalling
We saw 2,286 sales in June, down 16.5% year-over-year. While this might sound alarming, sales are still relatively steady compared to long-term trends—it’s just that new listings are outpacing them, creating more competition.
Row homes and apartments are feeling this shift the most, with months of supply pushing toward 4 months, putting those segments firmly in buyer’s market territory.
What This Means for Buyers & Sellers
- For buyers: You have breathing room. More inventory means more choice, better negotiating power, and less pressure to rush into a deal.
- For sellers: It’s time to be strategic. Pricing your home correctly and marketing it like a pro is critical. Homes that stand out and tell a compelling story are the ones that still sell fast (and for top dollar).
Calgary MLS Market Statistics
Airdrie MLS Market Statistics
Looking Ahead
With Stampede behind us and the market heating back up, the next few months will be key. We’re likely to see a lot of activity as buyers take advantage of the increased inventory before interest rates or market dynamics shift again.
If you’re curious about where your home fits in this evolving market—or how to take advantage of these changes—we’re here to help.
Click here to view the full City of Calgary monthly stats package
Ready to Start Your Home Search?
