Real Estate

Calgary's Housing Market: Daily Shifts and Yearly Growth

Calgary's housing market is buzzing with activity, showing consistent annual growth while navigating daily shifts. Property values continue their upward trend year-to-date, though recent daily figures indicate some mild fluctuations.

Yesterday, November 11, Calgary saw 32 home sales, a dip from the 56 recorded on Sunday. New listings came in at 52, bringing active listings to 6,422. The median price, which is the middle point of all prices, saw a slight dip to $518,500, while the average price, the total sales divided by the number of homes, was $522,344. These daily numbers offer a snapshot of a lively, responsive market.

Zooming out, the month is painting a broader picture, with 539 total sales and 903 new listings so far. The average price for this period sits at $592,745, reflecting steady demand. Annually, 2025 has seen robust growth with 20,655 sales to date. The median price holds firm at $577,500, and the average price at $629,572, demonstrating Calgary's consistent appeal. This stability is largely fueled by strong interprovincial migration and job growth, attracting new residents to the city.

For potential buyers, this shifting market means more selection, a welcome change from recent ultra-competitive conditions. While still a strong market overall, there's more time to evaluate options, especially in apartment and townhome sectors. Getting pre-approved and understanding different price points across communities is crucial.

Sellers should know that demand remains strong, making it a good time to list. However, with increased inventory, pricing strategically and presenting your home well are more vital than ever to stand out amidst growing competition. Calgary's market is evolving towards more balanced conditions, moving away from being a purely seller-driven environment.

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