Calgary’s Dynamic Housing Market: Daily, Monthly, and Yearly Shifts

Calgary's real estate market continues its dynamic dance, with home prices seeing a median around $580,000 amidst steady activity. It's a market responding to significant population growth and evolving demand.

Just yesterday, November 17, 2025, 61 homes found new owners across the city, as 52 fresh listings hit the market. The median price, which gives us a true middle ground by cutting out the highest and lowest extremes, landed at $580,000. With 6,255 active listings, Calgarians have a decent pool of options to explore.

Looking at the bigger picture, the past month saw a robust 848 sales with 1,359 new properties listed. Annually, an impressive 20,962 homes have been sold. The average price, calculated by simply adding all sale prices and dividing by the number of homes, hovers around $605,094 monthly and $629,510 over the year, demonstrating market resilience. This steady demand is largely fueled by Alberta's record-setting population growth, attracting residents from across Canada with its relative affordability compared to cities like Vancouver and Toronto.

For potential buyers, this means a market with more choices than recent years, particularly in apartment and row-style homes where increased supply is creating softer conditions and price adjustments. However, the highly sought-after detached home segment, especially those under $700,000, remains tight. Keep an eye on specific neighborhoods and property types as conditions vary.

Sellers, take note: while demand is robust overall thanks to continuous population influx, the market isn't a one-size-fits-all scenario. Detached and semi-detached homes are still experiencing strong demand, but if you're selling a condo or townhouse, strategic pricing is key to stand out amidst more competition. Even with typical winter slowdowns, Calgary's market fundamentals remain strong.

The overarching trend points to a continuously active market adjusting to Calgary's undeniable growth, emphasizing the importance of informed decisions for everyone looking to make a move.