Real Estate Report: Calgary Real Estate: Inventory Swells as Market Balances, While High-End Sales Drive Daily Price Surge

THE DAILY PULSE

• Daily Sales (January 19): 36
• New Listings (January 19): 80
• Net Inventory Change (from daily flow): +44 units (80 new listings vs. 36 sales)
• Average Price Today: $703,883

Today's average sale price of $703,883 is markedly higher than the month-to-date average of $628,809. This notable difference suggests a segment of higher-value properties exchanged hands, significantly skewing the average upwards. The influx of 80 new listings against 36 sales further expanded the market's available choices.

So What? (For Buyers): While overall inventory is growing, today's activity highlights that premium properties can still command strong prices. Buyers should be prepared for varied price dynamics across different market segments and act decisively on well-valued higher-end homes.

MONTHLY TRENDS

• Month-to-Date Sales (Jan 1-19): 616
• Month-to-Date New Listings (Jan 1-19): 1,615
• Current Total Active Inventory: 4,286 units

Month-to-date figures show new listings significantly outpacing sales, with more than double the new properties added compared to transactions completed. This substantial lead reinforces a steady expansion of available inventory throughout January. Active listings have risen to 4,286 units, up from 3,860 in December 2025, indicating an ongoing build-up of supply.

So What? (For Sellers): The rising inventory signals increased competition, making strategic pricing and exceptional property presentation more critical than ever. Overpriced homes are likely to face longer market times as buyers now have more options and less urgency to commit.

THE BIGGER PICTURE (YoY)

Calgary's market continues its shift toward more balanced conditions, a trend evident from December 2025, which saw a 14.2% decline in sales year-over-year and a 28.9% increase in active inventory. This pushed the "months of supply" to 3.4 months overall, a key indicator of a balanced market, though detached homes still showed a tighter 2.7 months of supply. The overall benchmark price in December 2025 saw a slight month-over-month decline to $554,700.

Calgary's robust population growth, driven by interprovincial and international migration, continues to fuel underlying demand, acting as a crucial long-term support for the housing market. The Bank of Canada maintained its policy interest rate at 2.25% in December 2025, with widespread expectations for a prolonged hold through 2026, suggesting stable borrowing costs.

So What? (For Buyers): The expanded inventory offers more selection and potential negotiation room, particularly in segments where supply growth has been pronounced, such as apartment condominiums. With the Bank of Canada holding rates in December 2025 and projecting continued stability, buyers can anticipate more predictable borrowing costs. This stability, combined with Calgary's strong long-term demand fundamentals, provides a more favorable environment for strategic purchases.