Real Estate Report: Calgary Market Sees Daily Tightening Amid Broader Inventory Growth
We’re hearing that Calgary's housing market is seeing a bit of a squeeze with sales slightly outpacing new listings. It’s a curious time with more affordable homes grabbing attention. Could this be a good time to make a move?
THE DAILY PULSE
- Daily Sales: 35
- Daily New Listings: 33
- Net Inventory Change (Daily): -2 (Inventory tightened)
On December 24, 2025, daily activity saw sales marginally outpace new listings, tightening available inventory by two units. The average price for homes sold today was $548,600. This figure is notably lower than the month-to-date average of $606,049, suggesting a higher proportion of entry-level or more affordably priced properties transacted today, influencing the daily average rather than reflecting a widespread price drop across all segments.
So What? For buyers, today's specific activity in certain price points might indicate targeted demand. Be prepared to act swiftly on well-priced properties, especially if they fall into the lower-to-mid range, as specific listings at these price points can attract multiple offers quickly.
MONTHLY TRENDS
- Month-to-Date Sales (December): 971
- Month-to-Date New Listings (December): 1,098
- Current Total Active Inventory: 4,509 units
While today's activity showed a slight tightening, the broader December trend points to increasing inventory. Month-to-date, new listings have exceeded sales, contributing to the substantial 4,509 active listings currently available. This confirms a prevailing market trend of growing supply, moving away from aggressive seller's conditions seen earlier in the year. The average price for December to date stands at $606,049.
So What? For sellers, the expanding monthly inventory means more competition. Strategic pricing, professional staging, and aggressive marketing are critical to capture buyer attention. Expect properties to potentially stay on the market longer than in previous months, requiring patience and adaptability.
THE BIGGER PICTURE (YoY)
Analyzing the broader market, November 2025 data revealed a significant shift compared to last year, with overall inventory up 28% year-over-year, while sales declined 13.6% year-over-year. This indicates a consistent move towards a more balanced market with increased buyer selection. Year-to-date, Calgary has recorded 22,633 sales with an average price of $628,517, highlighting sustained demand influenced by Calgary's robust population growth.
Recent Bank of Canada rate cuts, bringing the policy rate to 2.25% by mid-December 2025 and 5-year fixed mortgage rates averaging around 3.89%, are providing a glimmer of improved affordability. However, existing higher rates continue to influence buyer purchasing power, contributing to the "buyer's advantage" environment, particularly in higher-density segments.
So What? For buyers, this overall trend signals a strategic window. Increased inventory across the city, especially in the apartment and row house sectors, offers more choice and potential negotiating leverage. The easing of interest rates, while not dramatically transforming affordability, provides a more favorable financing landscape for long-term investment in Calgary's growing market.
