Calgary & Area Real Estate Market Update – August 2025
The Calgary and area housing market is continuing its shift toward balance. With inventory reaching the highest August level since 2019, improving supply choice is giving buyers more options, while sellers are navigating a more competitive landscape.
Whether you are buying, selling, or watching the market, here is what happened in August 2025 and what it means for real estate in Calgary, Airdrie, and the surrounding areas.
Supply Growth Continues to Shape the Market
According to the Calgary Real Estate Board (CREB®), August inventory rose to 6,661 units, the highest level for this month since 2019. Much of this growth is coming from newer communities, particularly in the North and North East, where new construction remains strong.
Sales slowed to 1,989, down 9% compared to last year, while new listings held steady at 3,478. With more homes on the market and slightly fewer buyers, price growth is easing, especially for apartment and row-style properties where supply has expanded the fastest.
Calgary Benchmark Price Snapshot
Overall Benchmark Price: $577,200
⬇ Nearly 4% lower than last year
Detached Homes
Price: $755,600
Detached homes remain relatively stable with about three months of supply. While prices are holding in many districts, activity has eased slightly as affordability and lending rates continue to influence demand.
Semi-Detached Homes
Price: $671,200
This segment remains balanced overall, with localized adjustments in older inner-city neighbourhoods and infill-heavy areas.
Row Homes
Price: $462,500
Row properties are experiencing the most significant price pressure, especially in districts where new townhouse developments are adding considerable supply.
Apartment Condos
Price: $344,100
Apartments continue to have the highest months of supply among all property types, creating sustained downward pressure on prices, particularly in suburban complexes and newer builds.
Regional Highlights
Airdrie
Benchmark Price: $531,100
Price adjustments are being driven by row and apartment segments. Inventory has climbed to its highest level since before the pandemic, giving buyers more selection. Detached properties remain relatively stable, but price growth is slowing.
Cochrane
Benchmark Price: $589,100
Minor price changes this month as listings increased. Prices have remained steady overall, but competition from new builds and surrounding communities is influencing buyer decisions.
Okotoks
Benchmark Price: $621,500
Holding steady. Despite more listings entering the market, prices have remained consistent. Okotoks continues to be a highly desirable community for buyers seeking strong amenities and value.
What Does This Market Mean for You?
With more inventory available and fewer bidding wars, buyers now have more negotiating power and greater choice than in recent years.
For sellers, strategy is becoming increasingly important. Competitive pricing, strong presentation, and working with experienced professionals are key to standing out in today’s market.
Buyers: Be prepared and take advantage of improved conditions, especially in the apartment and row home segments.
Sellers: Watch your local competition closely, particularly in areas seeing the largest supply gains.
Click here to view the full City of Calgary monthly stats package.
Click here to view the full Calgary region monthly stats package.
Let’s Talk Strategy
As the market continues to evolve, your real estate strategy should evolve with it. Whether you’re thinking of buying, selling, or simply want to understand how these changes affect your home or investment, I’m here to help.
Reach out any time for a personalized plan and expert guidance based on the latest local market data.
Curious how your home or investment is impacted by these shifts?
Let’s have a conversation about your goals and how we can make the most of this changing market.
Let’s make your next move a positive one.
Reach out any time for a personalized strategy or to talk about what’s happening in your neighbourhood.