Real Estate Market Report | Calgary | August 2025
Housing Cools in July, but Demand Remains Stronger Than Supply
With an uncertain economic future, homebuyers are looking to see what the final implications may be – the good news is that selling with Bōde mitigates that risk entirely by maximizing your equity, you’ll outperform traditional methods of buying and selling.
We help provide home buyers and sellers with the data they need to be successful. When you have access to accurate and relevant data, you can be more confident in setting the price of your home and selling it or buying at the right price.
So what's happening in the Calgary real estate market as of August 2025?
Calgary’s housing market softened in July with sales down 10% year-over-year, while new listings rose 13%, and inventory increased 30%. Despite this shift, months of supply sits at just 42% of typical levels over the last 5 Julys — underscoring continued scarcity. The benchmark price dipped 4.56% month-over-month to $577,900, but remains up 1.69% year-over-year, reflecting the market’s longer-term resilience.
Calgary's Detached Homes
Detached homes saw a 12% decline in sales and a 9% rise in new listings. Inventory remains 24% higher than the five-year July average, but months of supply is still down 60% from historical norms. The benchmark price dropped 2.48% month-over-month to $693,000 — a modest 0.54% decline year-over-year — showing some price stability despite shifting conditions.
Calgary's Apartments
Apartment listings surged 15% while sales dipped 9%, creating some relief for buyers. However, inventory is still 30% below seasonal norms and months of supply sits 27% lower. The benchmark price fell 4% from June to $335,200 and is down 1.07% year-over-year, reflecting the recent price peak and softening demand.
Calgary's Attached Homes
Attached homes (duplexes, rowhomes, townhomes) saw sales drop 18%, while inventory rose 41%, pushing months of supply up 65%—the steepest increase of any segment. Yet benchmark prices rose 1.82% month-over-month and are up 2.10% year-over-year to $462,200. This signals that buyer interest remains strong, likely from those looking for a middle ground between condo pricing and detached space. But if supply continues to rise without a demand match, this segment may see pricing pressure emerge through the rest of the summer.
It’s critical to understand the dynamics in your local property market
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August 2025 Calgary Real Estate: Sales, Inventory & Prices
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