Calgary Real Estate Market Report: June 2025
Comprehensive Housing Market Statistics
Gains in resale supply mostly impact apartment and row style home prices
Calgary, Alberta, July 2, 2025 Inventory levels in June continued to rise, both over last month and last year's levels. By the end of the month inventory reached 6,941 units, returning to levels reported in 2021, or prior to the surge in population growth.
"Supply has improved across rental, resale and new home markets, allowing for more choice for those considering their housing options."
Key Calgary Housing Market Statistics
Total Residential Price
$586,200
▼ 3.6% Y/Y
Detached Price
$764,300
▲ 0.4% Y/Y
Semi-Detached Price
$696,400
▲ 1.5% Y/Y
Apartment Price
$333,500
▼ 3.2% Y/Y
Calgary Housing Market Overview
The unadjusted benchmark price was $586,200 in June, lower than last month and over three per cent lower than last year. Much of the citywide decline was driven by apartment and row style homes, which are over three per cent lower than last year. Meanwhile, detached prices have remained relatively stable and semi-detached homes are still slightly higher than last year.
The steeper price declines for apartment and row style homes are reflective of those segments shifting toward a market that favours the buyer with nearly four months of supply. Meanwhile conditions are relatively balanced for detached and semi-detached homes.
| Metric | Change Y/Y |
|---|---|
| Sales | ▼ 16.5% |
| New Listings | ▲ 11.2% |
| Inventory | ▲ 63.2% |
| Months of Supply | ▲ 119.3% |
Detailed Calgary Market Statistics
June 2025 Market Activity
| Property Type | Sales | New Listings | Inventory | S/NL Ratio | Months of Supply | Benchmark Price | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Actual | Y/Y% | Actual | Y/Y% | Actual | Y/Y% | Actual | Y/Y% | Actual | Y/Y% | ||
| Detached | 1,194 | -6% | 2,145 | 19% | 3,107 | 75% | 56% | 2.60 | 87% | $764,300 | 0% |
Year-to-Date Market Summary
Property Type Analysis
Detached Homes Market
Sales in June were 1,194 units, six per cent lower than both last year and last month's activity. Sales activity did vary depending on location and price range, with declines in resale sales mostly for higher priced homes that likely face more competition from new homes.
As of June, the unadjusted benchmark price in Calgary was $764,300, less than one per cent lower than both last month and last year's price.
Semi-Detached Homes Market
Sales activity continued to slow this month, contributing to the year-to-date decline of nearly 12 per cent. At the same time new listings have generally been rising compared to last year, supporting inventory gains and a shift to balanced conditions.
As of June, the benchmark price in the city was $696,400, similar to last month, and over one per cent higher than last June.
Row Homes Market
New listings continue to rise relative to the amount of sales in the market, as the sales-to-new-listings ratio in June dropped to 50 percent. This contributed to further inventory gains with 1,167 units available at the end of the month.
Higher supply levels relative demand is weighing on prices, which at a June benchmark price of $450,300, is down over last month and three per cent lower than last year's levels.
Apartment Condominium Market
June new listings and sales both eased over last month and last year's levels. However, with 1,024 new listings and 532 sales, inventories continued to rise and the months of supply pushed up to nearly four months.
The rising supply choice both in new and resale markets has caused resale prices to trend down again this month leaving June's benchmark price of $333,500 over three per cent lower than last year's levels.
Calgary District Benchmark Prices
NORTH WEST
$643,000
▲ 3.2% Y/Y
NORTH
$547,400
▼ 5.8% Y/Y
CITY CENTRE
$592,700
▼ 3.5% Y/Y
EAST
$421,700
▼ 5.3% Y/Y
SOUTH
$586,100
▲ 1.7% Y/Y
SOUTH EAST
$576,800
▼ 3.4% Y/Y
Understanding Calgary Real Estate Statistics
Calgary real estate statistics provide an in-depth look at the major categories that influence the local market. The Calgary real estate statistics and housing market news below is updated with the latest transaction information. Search days on the market and total inventory, broken down into New and Active listings, see supply gains and losses across the Calgary housing market.
Breaking Calgary Real Estate News
Calgary Housing Market Statistics Data Limitations
Calgary real estate housing market statistics are based on data acquired from members only. View Calgary real estate statistics including housing market prices, housing market statistics, inventory levels, average days on market and more in our Calgary real estate statistics section. A proportion of transactions may be completed by real estate professionals who are not registered CREB® members, which means for some areas our reports may not reflect all resale activity, impacting trends for a given area within CREB®'s region boundary. Always contact a CREB® member to ensure the most accurate data for the information you are researching.
