Calgary Home Prices & Inventory — August 2025 Report
Calgary Real Estate Market Overview – August 2025
If you’re planning to buy a house in Calgary, August’s market update shows a city that’s finally easing out of the ultra-tight conditions of the past few years. Inventory has climbed, days on market are longer, and prices have edged down in several segments—especially higher-density homes—giving prepared buyers more room to negotiate.
Key Market Indicators — August 2025 (CREB®)
- Sales: 1,989 homes (–9% YoY)
- New Listings: 3,478 (–1.7% YoY)
- Active Inventory: 6,661 (+48% YoY)
- Benchmark Price (All Property Types): $577,200 (–4.1% YoY)
- Months of Supply: 3.35 (+63% YoY)
- Days on Market: 38 (+41% YoY)
These figures come directly from CREB’s August statistics package. CREB
What’s Driving These Numbers?
- More choice = more balance. Elevated new listings kept the sales-to-new-listings ratio under 60%, pushing inventory to the highest August level since 2019 and lifting months of supply into more balanced territory.
- Price softness led by condos and row homes. CREB notes the largest price adjustments are in apartment and row segments, while detached and semi-detached show only modest declines overall.
- Sales down year over year. Transactions fell about nine per cent versus last August as buyers take longer to choose and pricing power normalizes. Mainstream outlets reported the same trend.
Segment Snapshots
- Detached: 995 sales; months of supply at ~3.1; benchmark $755,600 (≈–1% YoY). Balanced conditions with variation by district.
- Semi-detached: Benchmark $687,200 (≈+1% YoY). Supply hasn’t expanded as quickly here, so price adjustments are smaller.
- Row: Benchmark $439,600 (≈–5% YoY) after four straight monthly declines as inventory rose.
- Apartments: Benchmark $326,500 (≈–6% YoY); months of supply around 4.4, the highest among property types, which is weighing on prices.
What It Means if You’re Buying
- More selection & time: With inventory up and DOM at 38, you’re less likely to face bidding wars outside of the most in-demand pockets. Use the extra time to compare homes and inspect thoroughly.
- Leverage in higher-density segments: Apartments and rows show the clearest price relief—good news for first-time buyers and investors seeking cash-flow.
- Still act decisively on stand-out detached homes: Balanced doesn’t mean slow everywhere; desirable areas in the NW/West can still move quickly. (CREB notes performance varies by district.)
What It Means if You’re Selling
- Price with today’s comps, not last spring’s peaks. Buyers have options; a sharp, data-driven list price and strong presentation (staging, pro photos, floor plans) are critical in weeks-on-market that are trending higher.
- Differentiate by condition and flexibility. Pre-listing repairs, flexible possession, and rate-buy-down incentives can widen your buyer pool—especially in condos/rows where inventory is highest.
Bottom Line
August confirms a more balanced Calgary market: sales down, inventory up, and benchmark price at $577,200 with the most softness in condos and row homes. For buyers, this is a window to negotiate and secure value; for sellers, success hinges on pricing strategy and standout marketing.
Thinking about your next move?
Book a free consultation to get a custom list of homes (or a pricing opinion for your property) based on the latest CREB® data and your goals.
Related Resources
- CREB® Media Release — August 2025: “Price declines mostly driven by higher density home types.” CREB
- CREB® August 2025 Monthly Statistics Package (PDF).
- Global News / Canadian Press summary: Calgary home sales down 9% in August. Global News
- District and quick-stat recaps: Additional digest of August figures