10/05/2025
📉 Price Adjustments in Calgary Real Estate – September Update
As we move into fall, Calgary’s housing market is seeing more supply and slower sales activity. September saw 1,720 sales and 3,782 new listings, bringing total inventory up to 6,916 units — the highest since before 2020.
With more options available in resale, new homes, and rentals, buyers now have greater choice, easing the urgency we’ve seen over the past few years. As a result, prices are starting to adjust in several segments:
🏡 Detached Homes: Benchmark price at $749,900, down about 1% from last month and last year.
🏠 Semi-Detached: Prices holding steady at $684,800, still about 1% higher than last year.
🏘️ Row Homes: Benchmark price $437,100, down nearly 5% from last year.
🏢 Apartments: The biggest drop, with prices down over 6% year-over-year to $322,900.
Overall, the market is gradually shifting toward balance, and if these trends continue, buyers may start seeing more negotiating power this fall.