Calgary Real Estate Rollercoaster: What's Shifting?
Calgary's housing market remains remarkably active, with average prices holding steady around the mid-$600,000s and a consistent flow of transactions. This resilient environment continues to offer both opportunities and challenges for local Calgarians.
Just last week, on October 23rd, 60 homes were snapped up while 132 new listings entered the market, keeping active listings at 6,860. By October 26th, active listings had edged up slightly to 6,869, with no new sales or listings reported on that specific day. Across October, sales have hit 1,385 with 2,486 new listings, and the average price saw a marginal increase from $644,401 to $644,801, signaling stable growth.
Year-to-date, we’ve seen 19,618 sales, with the median price at a firm $578,000 and an average of $630,379. As of today, October 27, 2025, Calgary continues to be a magnet for interprovincial migrants, especially from pricier markets like Toronto and Vancouver, drawn by the city’s relative affordability and strong economy. This high demand, coupled with easing interest rates, fuels activity. For buyers, this means a competitive market, particularly for entry-level homes, while sellers can expect solid interest when priced right. Ongoing new construction is helping balance the market, though affordability remains a key discussion point for many.
