Calgary's Real Estate Roller Coaster: Sales and Listings See Dynamic Shifts
Calgary’s housing market continues its dynamic dance, with recent daily median prices surging to $560,000 while the monthly average price has seen a slight ebb. These shifts indicate a vibrant market that’s constantly recalibrating.
On a daily level, the market heated up quickly. November 12 saw a notable jump to 53 sales, significantly higher than the 29 recorded just two days prior on November 10. New listings also showed enthusiasm, climbing to 84 on November 12 from 24 on November 9, indicating more options for eager buyers. The median price, which is the middle point of all sold homes, surged to $560,000.
Looking at the broader picture for November so far, total sales reached 590, outpacing October’s 451. New listings rose to 987 from 791, providing a welcome increase in choice. However, the average price, which can be influenced by the mix of homes sold, showed a slight dip to $591,326 from $598,919. This suggests a more balanced environment emerging after a period of rapid appreciation.
Annually, 2025 has been robust, with 20,705 total sales, outperforming 19,618 sales a year earlier. The year-to-date median price stabilized at $577,000, while the average price saw a marginal dip to $629,442. This sustained demand is largely fueled by Calgary’s ongoing population boom and relative affordability compared to other major Canadian cities.
For potential buyers, this means more selection and potentially more time to make decisions. Mortgage pre-approval is crucial to lock in rates and understand your true budget in a market still demanding quick action for desirable properties under $700,000.
Sellers, listen up: while demand remains strong, increased inventory means strategic pricing and presentation are paramount. Overpricing is the quickest way for your home to sit on the market. Professional photos, staging, and flexibility with showings can make all the difference.
