Hey Calgary home seekers and sellers! Wondering about the Calgary real estate market update for August 2025? Or curious about Calgary real estate stats like sales dips and inventory surges? As a local agent at My Realtor Gill with over a decade in YYC, I’ve seen markets swing from frenzy to balance—this month’s CREB data shows exactly that shift. Pulled fresh from the Calgary Real Estate Board (CREB), these insights answer key questions for buyers eyeing condos or sellers prepping detached homes. Let’s break it down simply, with stats, trends, and my take on what it means for you.
(Updated September 14, 2025: Incorporating latest CREB forecasts for Q4.)
What’s the Overall Snapshot of the Calgary Housing Market in August 2025?
August 2025 marked a cooling but steady Calgary real estate market. Total sales reached 1,989 units—a 9% drop from August 2024—but still above 10-year averages, fueled by migration and stable jobs. New listings: 3,478 (down 2% Y/Y). Active inventory exploded to 6,661 (+48% Y/Y), pushing months of supply to 3.35—balanced territory after years of seller dominance.
The sales-to-new-listings ratio fell below 60%, easing pressure. Benchmark price for all properties: $577,200 (down 4% Y/Y). In my view, this is a healthy reset; as a Calgary native, I’ve advised clients to negotiate harder now, especially in high-inventory areas like the East.
Source: CREB Monthly Stats Package, August 2025.
How Did Sales Break Down by Property Type Last Month?
Sales varied by type, with detached homes leading the pack in this Calgary real estate stats overview. Year-to-date through August, overall sales rose 5% from 2024, showing resilience.
- Detached Homes: 995 sales (-3% Y/Y). Popular in suburbs like Airdrie—I’ve closed three deals here this summer, noting families snapping up yards amid remote work trends.
- Semi-Detached: 206 sales (+20% Y/Y). A win for first-time buyers; affordable at under $700K, with quick closes in the North West.
- Row/Townhomes: 339 sales (-11% Y/Y). Supply growth is helping—expect more options for young pros.
- Apartments/Condos: 449 sales (-26% Y/Y). Tougher month, but downtown units under $350K are moving if priced right.
Pro insight: Detached sales held firm because buyers prioritize space post-pandemic. If you’re selling a semi, stage it family-ready—I’ve seen 10-15% faster offers.
Are Calgary Home Prices Dropping, and Why?
Prices softened modestly in August, averaging $612,349 (median $570,000), driven by inventory in denser types. CREB attributes declines to “higher density home types,” but detached held steady.
| Property Type | Benchmark Price | Y/Y Change | Average Sale Price |
|---|---|---|---|
| Detached | $755,600 | -1% | $781,129 |
| Semi-Detached | $687,200 | +1% | $657,177 |
| Row | $439,600 | -5% | $459,458 |
| Apartment | $326,500 | -6% | $333,194 |
Condos and rows dropped most (inventory +80% in those categories). Detached? Barely a blip—strong demand in South West keeps them seller-friendly. My advice: Buyers, target East or North East for deals; sellers, price 5% below comps to beat the 3-month supply.
What’s Happening with Inventory and Supply in Calgary?
Supply is the star of this Calgary housing market August 2025 update—more choices mean buyer leverage.
- Detached: 3,051 active (+55% Y/Y)
- Semi-Detached: 528 (+67% Y/Y)
- Row: 1,103 (+63% Y/Y)
- Apartments: 1,979 (+34% Y/Y)
At 3-4 months of supply, it’s balanced—not a crash, but longer days on market (up 20%). District tip: City center condos are buyer havens; outer rings still favor detached sellers. From my listings, expect 45-60 days to close vs. last year’s 30.
What Should Buyers Do in the Current Calgary Real Estate Market?
Buyers: This is your moment! With rates stabilizing and inventory up, negotiate 3-5% off ask—especially on condos under $400K. Focus on YTD strength (sales +5%) and CREB’s Q4 forecast of 26,000+ annual sales. Question for you: Hunting a starter home? Suburbs like Cochrane offer value.
What Should Sellers Know About Selling in Calgary Now?
Sellers: Demand’s healthy—no panic. Price competitively, stage pro (I’ve boosted offers 8% with virtual tours), and target hot spots. Detached moves fastest; condos need marketing punch amid supply.
FAQ: Quick Answers on Calgary Real Estate Trends
Is now a good time to buy a condo in Calgary? Yes—prices down 6%, inventory +34%. Aim for downtown under $350K; expect 3.35 months supply for deals.
How are detached home prices trending Y/Y? Stable at -1% ($755K benchmark). Suburbs hold value; I’ve seen $800K+ sales in Airdrie close in 30 days.
What’s CREB forecasting for Q4 2025? Balanced sales around 6,500 units, with oil and migration boosting detached demand. Prices flat to +2%.
Should I sell my townhome this fall? If priced right—yes. Row supply +63%, but YTD sales up; negotiate closing costs.
Let’s Make Your Move in Calgary Real Estate
Wrapping up this Calgary real estate market update: Balance is here, with opportunities for savvy players. At My Realtor Gill, I blend CREB data with boots-on-ground advice—email [Sukhgill@myrealtorgill.com] or visit myrealtorgill.com to chat.
Follow for September stats soon. What’s your burning question? Comment below!
