Real Estate Report: Calgary's Daily Sales Activity Trumps New Listings as Inventory Steadily Grows
Calgarians are saying there's a shift in the housing scene. Fewer new listings, more sales, and a drop in average sale prices today. But the bigger picture? Inventory is growing, hinting at a more balanced market. Have you noticed?
THE DAILY PULSE
- Daily Sales: 25
- New Listings: 19
- Net Inventory Change: Today saw a reduction of 6 active listings.
Daily activity showed sales outpacing new listings, leading to a slight net reduction in active inventory today. The average price of $529,884 for today's sales is notably lower than the month-to-date average of $603,842. This suggests today's transactions comprised a higher proportion of entry-level or mid-range properties, rather than indicating an immediate drop in overall property values, as daily averages fluctuate based on the specific mix of homes sold.
Implication: For buyers making an offer today, while the daily snapshot shows fewer new listings than sales, this specific activity doesn't negate the broader trend of increasing inventory. Serious buyers might find more motivated sellers in specific segments, particularly given the lower average price point observed today.
MONTHLY TRENDS
- Month-to-Date Sales (December 2025): 1,062
- Month-to-Date New Listings (December 2025): 1,180
- Current Total Active Inventory: 4,342
In contrast to today's activity, the broader monthly trend for December 2025 reveals new listings (1,180) continuing to outpace sales (1,062). This contributes to a sustained increase in overall active inventory, which currently stands at 4,342 units. This growing supply, especially evident in November and December, is moving the market into a "Cooling off" phase, pushing towards more buyer-favorable conditions.
Implication: For sellers, the increasing overall inventory means heightened competition. To attract buyers, strategic pricing aligned with current market conditions and impeccable property presentation are more critical than ever, particularly in the quieter winter months.
THE BIGGER PICTURE (YoY)
Looking at the year-over-year context, the market has seen substantial shifts towards balance. November 2025 home sales experienced a 13.6% year-over-year decline, and while the average home price showed only a marginal increase, the overall benchmark price was nearly five percent lower than last year. This, coupled with significant year-over-year increases in inventory and months of supply, signals a retreat from the aggressive seller's market conditions seen earlier in 2025. The Canada 5-year conventional mortgage rate has held steady at 6.09% this week, following earlier policy rate cuts in 2025 that improved affordability.
Implication: For buyers, this rebalancing market, characterized by increasing inventory and stable (or recently eased) interest rates, offers more selection, greater negotiation power, and the potential for long-term value. This could be a strategic window to secure a home, especially as population growth continues to underpin Calgary's overall demand.
