A November & December 2025 Retrospective by Sukh Gill (MyRealtorgill)
As we wrap up 2025, the Calgary housing market has officially signaled a “year of transition.” While the city remains one of Canada’s most desirable places to live, the final two months of the year showed a clear move toward balanced conditions.
I’m Sukh Gill, and through my brand MyRealtorgill, I monitor these hyper-local shifts to ensure my clients stay ahead of the curve. Whether you are looking to buy your first home or sell a long-term investment, understanding these CREB® (Calgary Real Estate Board) statistics is essential for your 2026 strategy.
The Big Picture: Inventory on the Rise
The narrative for November and December was defined by a significant boost in supply. For the first time in years, Calgary buyers aren’t facing a “chronic shortage” but rather a market with healthy options.
Key Year-End Statistics (City-Wide):
- December Benchmark Price: $554,700 (Down 4.7% year-over-year).
- Total Inventory (December): 3,860 units (A massive 28.9% increase compared to last year).
- Sales Activity: 1,126 homes changed hands in December, down roughly 14% from the previous year.
- Months of Supply: Climbed to 3.4 months, indicating a move away from the aggressive seller’s market of 2024.
Sector Analysis: A Tale of Two Markets
At MyRealtorgill, I always tell my clients that “The Market” is actually several smaller markets. Here is how different property types performed at year-end:
1. Detached Homes
Detached homes remain the most stable segment. While prices eased slightly due to seasonal cooling, demand for single-family homes in established areas remains steady.
- December Benchmark: $726,900.
- Trend: Down 2.6% YoY, but still holding value better than high-density options.
- Insight: Well-priced homes in the West and City Centre districts continue to see the most resilience.
2. Semi-Detached
This segment saw the smallest year-over-year price movement, acting as the perfect middle ground for families.
- December Benchmark: $666,800.
- Trend: Only a 1.6% decline from last December.
3. Row & Townhomes
Supply in this category has hit record highs, giving buyers significant leverage.
- December Benchmark: $421,300.
- Trend: Down 5.6% year-over-year.
- MyRealtorgill Tip: With supply levels sitting around 4 months, this is the first time in years we can confidently negotiate on price and include home inspection conditions for townhomes.
4. Apartment Condos
The condo market has felt the strongest impact from new-build completions and rising resale inventory.
- December Benchmark: $303,600.
- Trend: Down 7.4% year-over-year.
- Condition: Firmly a Buyer’s Market, with nearly 6 months of supply in some areas.
Why the Shift?
According to CREB® Chief Economist Ann-Marie Lurie, the cooling is a result of rising inventory meeting moderated demand. Factors like slowing migration and increased competition from new home construction have finally taken the “boil” off the market.
“2025 marked a year of transition. After years of record price growth, we are entering 2026 with more choice for buyers and a need for realistic pricing from sellers.” — Sukh Gill, MyRealtorgill
What This Means for You in 2026
For Sellers: The “automatic sale” is a thing of the past. To get top dollar in a balanced market, your home needs MyRealtorgill’s strategic marketing approach. Pricing must be based on the latest 30-day data, and presentation (staging and professional media) is now mandatory to stand out from the increased competition.
For Buyers: The “Winter Window” is officially open. With inventory up 29%, you have the luxury of time. This is the best environment we’ve seen in three years to secure a property without the stress of a 10-way bidding war.
Let’s Connect
Navigating these micro-trends requires a partner who knows the Calgary streets as well as the spreadsheets. If you’re wondering how these year-end stats affect your specific neighborhood, let’s chat.
Sukh Gill MyRealtorgill Your Trusted Calgary Real Estate Partner
