Calgary Real Estate Market Update November 2025 | Stats & Trends


Calgary Real Estate Market Update – November 2025

As we move into the winter months, Calgary’s housing market is shifting back toward more balanced conditions. Inventory has climbed from last year’s tight levels, especially in higher-density housing like Calgary condos for sale and Calgary townhomes. This update breaks down what’s happening with sales, supply and prices in each property type so you can plan your next move with confidence.

Detached Homes – Balanced, Slight Price Softening

Detached homes saw 823 sales in November, only slightly below last year and in line with typical seasonal trends. Inventory is now closer to long-term norms, and months of supply sits around three months, signalling a balanced market rather than an extreme seller’s market.

Benchmark price: $733,000 (down nearly 2% year-over-year, still about 1% higher on a year-to-date basis). The North, North East and East districts are seeing the most downward pressure due to competition from new homes.

Semi-Detached – Solid Demand, More Choice

Semi-detached sales were comparable to last year and remain above long-term averages. New listings have been strong, pushing November inventory to the highest level in the past five years. Months of supply has held above three months for several months, pointing to more balanced conditions.

Benchmark price: $671,700 (flat vs. last year, slightly lower than last month). Year-to-date, this segment has the strongest price growth at nearly 3%, driven by gains in the City Centre and a modest pullback in the North district.

Row & Townhomes – Extra Supply, More Negotiation Room

Row homes recorded 257 sales in November. While that’s below last year’s record high, activity is still above long-term trends. Inventory levels for November are the highest since 2018, and months of supply has been slightly elevated for several months.

Benchmark price: $424,400 (down from last month and over 6% lower than last November). Year-to-date, prices are down nearly 2%, creating more opportunities for buyers shopping Calgary townhomes under the $450,000 range.

Apartment Condos – Most Impacted by Rising Supply

The apartment condo sector has felt the strongest impact from higher supply. Sales have eased back to long-term norms while new listings remain elevated, pushing November inventory to a record high for this month. Months of supply is now near six, and has been above four since the summer.

Benchmark price: $309,300 (about 7% lower than last November and just over 2% lower year-to-date). The North East has seen the largest declines, while the West district has held prices flat. For buyers, this segment now offers the most selection and negotiating power across Calgary condos for sale.

What November 2025 Means for Calgary Buyers

Compared to the ultra-tight conditions of recent years, buyers now have more choice and more time to make decisions, especially in higher-density segments.

  • More inventory in condos and townhomes means better selection.
  • Balanced conditions reduce bidding wars in many price ranges.
  • First-time buyers and investors may find better value in apartments and row homes where prices have adjusted the most.
  • Detached and semi-detached homes remain stable options for move-up buyers who want more space but appreciate a calmer, more balanced market.

If you’re just starting to explore, you can browse all current Calgary homes for sale and then narrow down by community, budget and property type.

What November 2025 Means for Calgary Sellers

Sellers are no longer listing into an automatic “sold in days” environment. Strategy, pricing and presentation matter more now that buyers have alternatives.

  • Detached & semi-detached: Still healthy demand, but realistic pricing is essential, especially if competing with new builds in the North and East ends of the city.
  • Row & apartment: Extra supply means your home needs to stand out through condition, marketing and competitive pricing.
  • Professional photos, staging and strong online exposure are key to attracting serious buyers.
  • Reviewing recent sales and days-on-market data before listing helps set expectations and strategy.

A tailored market evaluation by property type and community can show how your home fits into the current November 2025 numbers.

Calgary Market Update – Common Questions

Is Calgary still a seller’s market in late 2025?

Overall conditions have shifted closer to balanced, especially as inventory has risen from last year’s low levels. Some pockets and price ranges still lean toward sellers, but many buyers now have more options and less competition, particularly in condos and townhomes.

Are Calgary home prices dropping?

On a city-wide basis, the combined benchmark price in November 2025 is roughly 5% lower than last year. The largest declines are in apartment condos and row homes, while detached and semi-detached prices have seen more modest adjustments and remain up or flat on a year-to-date basis.

Is now a good time to buy a condo or townhome in Calgary?

For buyers, especially first-time buyers and investors, this is one of the most favourable environments we’ve seen recently in the condo market and townhome market. Higher inventory, more balanced conditions and recent price adjustments can create attractive opportunities if you’re prepared and pre-approved.

How do I know what these stats mean for my specific community?

City-wide averages are helpful, but each neighbourhood behaves differently. A custom update that looks at your community’s recent sales, inventory and pricing trends is the best way to understand what November 2025 conditions mean for your home or your next purchase.

Plan Your Next Move in Calgary’s 2025 Market

Whether you’re thinking about upgrading, downsizing or buying your first home, today’s more balanced conditions can work in your favour with the right strategy. I can help you interpret the November 2025 stats for your specific community and property type, and build a step-by-step plan that fits your budget and timeline.

Start exploring: Calgary homes for sale, Calgary townhomes and Calgary condos for sale.

Browse Calgary Homes for Sale Request a Custom Market Update

Posted by Ray Yang on

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