Real Estate Report: Calgary Market Sees Inventory Rise as Daily Sales Slow
We’re hearing about a surge in Calgary’s housing inventory, with new listings far outpacing sales. More choices for buyers, but sellers need to stand out!
THE DAILY PULSE
- Daily Sales (Jan 5): 27 properties sold
- New Listings (Jan 5): 98 new homes added to the market
- Net Inventory Change (Jan 5): Active inventory increased by 71 units
On January 5th, Calgary experienced a noticeable influx of new listings significantly outpacing daily sales. The average price of homes sold on this day, at $545,994, was lower than the month-to-date average of $634,509. This suggests a higher proportion of entry-level or mid-range properties transacted, highlighting the inherent volatility of daily averages based on the mix of homes sold, rather than a fundamental shift in value.
Implication for Buyers: For those actively searching today, the market provided more inventory, particularly in segments that transacted at a lower average price. This offers a wider selection, but competition for well-priced homes remains, so being prepared to act swiftly on suitable properties is still crucial.
MONTHLY TRENDS
- Month-to-Date Sales (Jan 1-5): 100 total sales
- Month-to-Date New Listings (Jan 1-5): 279 new listings
- Current Total Active Inventory: 3,940 units
For the first five days of January, new listings have significantly outpaced sales, contributing to the current active inventory. This trend aligns with the broader market narrative of "Softening & Balancing," where supply is increasing. While the total active listings of 3,940 units are up, they remain below the typical 4,000+ units seen in January prior to recent shifts, indicating underlying inventory constraints still exist despite daily increases.
Implication for Sellers: With new listings consistently outstripping sales, the market is becoming more competitive. Sellers must strategically price and present their properties to stand out, as homes may spend slightly longer on the market compared to the rapid absorption rates of previous years.
THE BIGGER PICTURE (YoY)
Looking back, 2025 concluded with inventory growing 28.9% by December, and an overall price decrease of 2%, driven largely by gains in apartment condominiums and row homes. This contrasts with January 2025, which saw only 2.5 months of supply, indicating conditions continued to favor sellers. While some fixed mortgage rates have seen slight upticks over the last 30 days, the broader environment of increased supply and price adjustments offers a more nuanced landscape for buyers.
Implication for Buyers: The increase in overall inventory and price adjustments observed in 2025, coupled with slightly elevated mortgage rates, suggests a shift towards more balanced conditions. This provides strategic opportunities for careful buyers to find value, particularly in segments with higher inventory growth. However, Calgary's robust population growth continues to underpin strong long-term demand, preventing any significant market cooling.
