The Calgary housing market showed mixed signals this week as both buyers and sellers adjusted to evolving conditions. While active listings continued to grow, sales slowed in some property types, and absorption rates revealed diverging trends across housing segments. Here’s a breakdown of the latest data and what it means for Calgary homeowners, buyers, and investors.
Overall Market Snapshot
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Total Active Listings: 7,038 (up 4.97% week-over-week)
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Homes Sold (last 30 days): 1,754 (down 4.85%)
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Months of Supply: 4.01 (up from 3.60 in August)
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New Listings: 3,514 (down 11.38% from July)
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Average Sold Price (last 30 days): $612,105 (down 0.66%)
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Days on Market: 39 (no change)
Detached Homes: Cooling Sales, Stable Prices
Detached properties remain a cornerstone of Calgary’s market, but sales softened this week.
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Active Listings: 2,871 (up 4.97%)
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Homes Sold (last 30 days): 868 (down 6.80%)
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Average Price: $781,945 (up 0.41%)
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Months of Supply: 3.31
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Days on Market: 35 (unchanged)
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Absorption Rate: 30% — balanced but leaning toward buyers
Row/Townhomes: Consistent Demand
Townhomes held steady with modest changes.
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Active Listings: 1,028 (up 4.58%)
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Homes Sold (last 30 days): 306 (down 1.96%)
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Average Price: $464,228 (up 0.23%)
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Months of Supply: 3.36
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Absorption Rate: 30% — signaling solid demand
Semi-Detached: Strong Absorption Despite Fewer Sales
Semi-detached homes saw a sharper drop in sales but remain resilient.
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Active Listings: 494 (up 4.22%)
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Homes Sold (last 30 days): 178 (down 8.43%)
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Average Price: $649,423 (up 0.65%)
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Months of Supply: 2.78
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Days on Market: 35 (down 1 day)
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Absorption Rate: 36% — the highest of all property types this week
Apartments: Rising Listings, Softening Sales
Apartment condos continue to face headwinds with higher inventory and slower turnover.
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Active Listings: 1,924 (up 5.48%)
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Homes Sold (last 30 days): 400 (down 1.75%)
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Average Price: $337,059 (up 1.43%)
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Months of Supply: 4.81
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Days on Market: 50 (up 3 days)
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Absorption Rate: 21% — firmly in buyer’s market territory
What This Means for Buyers and Sellers
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For Buyers: More choice is entering the market, especially in condos and detached homes. With absorption rates cooling, you may have more room for negotiation.
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For Sellers: Semi-detached and townhomes remain strong performers. Competitive pricing and well-presented listings are key to standing out as inventory grows.
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For Investors: The divergence between semi-detached strength and apartment softness may present opportunities for targeted investment.
Final Thoughts
As fall approaches, Calgary’s real estate market is settling into a more balanced rhythm, with subtle shifts depending on property type. Detached homes are cooling, townhomes remain steady, and apartments are offering more supply for cautious buyers. Keeping an eye on absorption rates will be crucial in the weeks ahead.
Thinking about buying in Calgary this fall? With more listings on the market, now is the time to explore your options. Contact Ray Yang for tailored advice.
For a bigger picture view, see our August 2025 Calgary Market Summary.