Calgary's Real Estate: A Dynamic Landscape of Daily Shifts and Yearly Trends
Calgary's housing market continues to show resilience, with average prices this month sitting around $597,189. While daily figures can swing, the year-to-date median price holds steady at $577,500.
It's Tuesday, November 11, 2025, and our city's real estate scene is as dynamic as ever. Just yesterday, November 10, Calgary saw a notable jump to 56 home sales from 29 the day prior, alongside 60 new listings added to the market. While the median house price saw a slight dip to $531,665 from the preceding day’s $510,000, the average price swung from $519,161 to $574,897, reflecting a varied range of properties changing hands. For those new to real estate, the median price is often considered the 'middle ground,' less swayed by a few high-end sales than the average price.
Looking at the bigger picture, November is shaping up to be a busy month. So far, we've seen 507 total sales, a rise from October, indicating a lively fall market. This comes with 851 new listings, keeping the market competitive. The average price this month at $597,189 maintains a consistent trend compared to October, suggesting steady demand.
Year-to-date, Calgary has recorded 20,623 total sales in 2025, showcasing a robust market and strong absorption levels, supported by ongoing population growth. The consistency in median prices, holding firm at $577,500, speaks to overall market stability over the year, while the average price at $629,738 underscores the city's continued attractiveness.
For potential BUYERS, Calgary's market offers more choices than in previous years, with inventory increasing across property types. Lower interest rates are also boosting buyer confidence, making homeownership more accessible and improving mortgage qualification. However, be prepared for competition, especially in mid-range detached homes and townhomes, as good homes priced right are still selling quickly. Experts predict steady appreciation, not explosive growth, so acting strategically in the quieter winter months might lead to better deals.
SELLERS, take note: increased inventory means more competition for buyer attention. While demand is improving due to population growth and lower rates, overpricing can lead to slower sales. Pricing your property competitively and ensuring it's well-presented remains crucial for a faster sale. The market is recalibrating, not collapsing, and a healthy reset follows periods of hyper-growth. This balanced shift presents an opportunity for those with realistic expectations.
