Calgary & Area Real Estate Market Update – October 2025
As we move into November, Calgary’s housing market is finding its balance. Fewer new listings and slightly stronger sales helped ease inventory levels and steady prices after several months of change.
Let’s look at what happened in October 2025 and what it means for buyers and sellers across Calgary, Airdrie, and the surrounding areas.
New Listings Slow, Bringing Balance Back to the Market
According to the Calgary Real Estate Board (CREB®), inventory eased to 6,471 units while sales reached 1,885. Months of supply fell to about 3.5, down from 4.0 in September.
Detached and semi-detached homes are seeing balanced conditions, while apartments and row homes continue to hold higher supply.
“Improved rental supply and easing rents have slowed ownership demand for apartment and row-style homes,” says Ann-Marie Lurie, CREB® Chief Economist. “Excess supply in these segments is weighing on prices more than any other property type.”
Calgary Benchmark Price Snapshot
Overall Benchmark Price: $568,000
⬇ Nearly 1% from last month and just over 4% lower than last year.
Detached Homes
Price: $744,000
Detached sales improved from last month but remained slightly below last year. Inventory declined to 2,913 units with balanced conditions across most areas. Modest price adjustments continue, with the City Centre holding steady and the North East seeing the largest softening.
Semi-Detached Homes
Price: $683,100
Sales rose in October while new listings slowed, keeping inventory levels stable at 613 units. Prices remain slightly higher than last year and continue to show steady growth year-to-date. Balanced conditions are supporting price stability heading into winter.
Row Homes
Price: $431,200
Record-high inventory levels — over 1,000 units — are giving buyers more options. With around four months of supply, prices dipped slightly from September and remain lower than last year. The North East and North districts are seeing the largest adjustments due to rising supply.
Apartment Condos
Price: $318,200
With nearly five months of supply, the apartment market continues to favour buyers. Inventory remains elevated, keeping prices on a gradual downward trend. The biggest price drops are in the North East and South East, where new construction competition is strongest.
Regional Highlights
Airdrie
Benchmark Price: $520,400
Inventory reached 535 units with 136 sales, holding months of supply around four (3.93). Prices have trended down since spring, reflecting softer conditions and more competition from new builds.
Cochrane
Benchmark Price: $585,200
Sales improved slightly and inventory held steady. Prices remained stable month-over-month and are up nearly 4% year-to-date.
Okotoks
Benchmark Price: $618,600
Inventory increased with 91 new listings but remains below long-term trends. Prices rose slightly from September and stayed consistent with last year.
What Does This Market Mean for You?
With supply growth slowing, Calgary’s market is finding its footing. Buyers now have more breathing room, especially in the apartment and row home segments.
➡️ Buyers: Take advantage of steadier conditions and improved choice.
➡️ Sellers: Focus on presentation and accurate pricing to stay competitive as the market balances.
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.