Real Estate Report: Calgary Market Nears 2025 Close with 'Late-Year Equilibrium'

THE DAILY PULSE

• Daily Sales: 35 units
• New Listings: 19 units
• Net Inventory Change: -16 units (inventory absorbed)

Today's activity for 2025-12-31 shows strong immediate absorption, with 35 sales significantly outpacing the 19 new listings. This daily action reduced active inventory by 16 units. The average price for homes sold today was $602,405. This figure is marginally lower than the current month's average of $603,796, indicating that the mix of properties sold today may have leaned slightly towards entry-level or mid-range homes rather than luxury segments. Remember, daily average prices fluctuate based on the specific homes that sell, not necessarily a change in underlying property values.

So What? For buyers making an offer today, competition for available properties is immediate and strong. Act decisively on well-priced listings, but understand that daily pricing can vary based on the specific inventory sold.

MONTHLY TRENDS

• Month-End Active Listings: 4,274 units
• Current Month Average Price: $603,796

While daily activity on December 31st showed tightening inventory due to strong absorption, the broader context of the current month, and earlier November reports, indicates generally elevated overall inventory levels compared to the previous year. The market appears to be in a 'Late-Year Equilibrium,' where daily demand prevents inventory from growing today, but overall active listings remain substantial. The current month's average price of $603,796 suggests a modest cooling or plateauing trend as 2025 concludes, compared to the earlier rapid appreciation seen throughout the year.

So What? Sellers face a market with sustained, albeit moderate, buyer activity, but also significant overall inventory. Competitive pricing and property presentation are crucial to stand out and secure a timely sale in this balanced environment.

THE BIGGER PICTURE (YoY)

• Year-To-Date (YTD) Average Price: $628,286
• Canada 5-Year Conventional Mortgage Rate: Stable at 6.09%

The Year-To-Date average price of $628,286 demonstrates significant growth for Calgary real estate throughout 2025. However, as the year concludes, the market has moderated its pace of appreciation. Compared to last month's closing data, the November CREB benchmark price showed a year-over-year decline. It's important to note an alternative report indicated a marginal year-over-year increase in average price for November, highlighting differing metrics. The stability of the Canada 5-Year Conventional Mortgage Rate at 6.09% provides a level of predictability for financing, but isn't fueling aggressive new activity.

So What? Strategic buyers can leverage stable interest rates for financial planning. While recent price moderation is evident, the strong YTD growth suggests long-term value. Focus on properties that align with your long-term investment goals, as the market settles into a more predictable rhythm.