Calgary’s housing market wrapped up November with conditions leaning toward balance, even as supply levels continued to rise—especially in the apartment and row sectors. Detached and semi-detached homes held steadier, while higher-density segments experienced more noticeable price adjustments. Much of this aligns with insights from the Calgary Real Estate Board (CREB®).

Market Snapshot — November 2025

Active Listings: 5,581
Home Sales: 1,553
Days on Market: 49
Months of Inventory: 3.59

Benchmark Prices:
• Detached: $733,000 (–2.1%)
• Semi-Detached: $671,700 (–0.5%)
• Row: $424,400 (–6.2%)
• Apartment: $309,300 (–7.2%)

Market Overview

November delivered its expected seasonal pullback, but the bigger story is rising inventory—particularly in row and apartment properties. Increased supply has pushed these segments closer to buyer-friendly territory, supported by elevated new-build completions.

Detached and semi-detached homes remain more insulated from these pressures, maintaining balanced conditions across most districts. Buyers looking to browse current city-wide inventory can explore
Calgary Homes for Sale.

Detached Homes

Detached sales reached 823 units, with inventory up year-over-year but still in line with balanced market levels. The benchmark price eased to $733,000.

Strong-performing communities include:
• Auburn Bay Homes for Sale
• Mahogany Homes for Sale

Buyers focusing on this category can browse:
Calgary Detached Homes

Semi-Detached Homes

Semi-detached homes remained one of the most resilient categories in November, with 166 sales and minimal year-over-year price adjustment. Benchmark pricing held at $671,700.

Top areas include:
• South Calgary Homes
• Altadore Homes

Full semi-detached inventory:
Calgary Semi-Detached Homes

Row Homes

Row homes saw a more significant shift as rising supply pushed months of inventory to 3.51, softening the benchmark price to $424,400 (–6.2% YoY).

High-demand neighbourhoods for attached buyers include:
• Skyview Ranch Homes
• Saddleridge Homes

Explore full row/townhome listings:
Calgary Townhouses & Row Homes

Apartment Market

The apartment market continues to face the highest inventory levels. Sales reached 307 units, but new listings continued to accumulate, pushing months of supply to 5.5 and the benchmark price down to $309,300.

Investors and first-time buyers can explore:
Calgary Condos for Sale

District Trends

CREB® district-level trends highlight important differences across the city:

• City Centre – stable but competitive
• North East – strongest supply growth and deeper pricing adjustments
• West Calgary – highest detached benchmark prices
• South East – steady activity supported by newer communities

Browse listings visually with the
Calgary Real Estate Map Search

Commercial & Business Market

Commercial demand remains strong in industrial, automotive, and retail-use spaces.

Featured commercial categories:
• Industrial Properties
• Retail Properties
• Automotive Properties

Investment insights:
Calgary Commercial Cap Rates Guide

Business-buying interest remains active in categories such as:
• Auto Repair Shops
• Restaurant & Food Businesses
• Daycares for Sale

Acreages & Surrounding Communities

Acreage and suburban demand remains healthy moving into winter.

Explore:
• Calgary Acreages
• Chestermere Homes
• Cochrane Homes
• Okotoks Homes

External Market Resources

• CREB® – creb.com
• Calgary Economic Development – calgaryeconomicdevelopment.com
• Statistics Canada Housing Data – statscan housing
• Bank of Canada – bankofcanada.ca

Heading Into 2026

Rising inventory—especially in condos and row homes—offers more choice and leverage to buyers, while detached and semi-detached segments remain steady.

For homeowners evaluating current market value:
Free Home Evaluation

For buyers monitoring the newest opportunities:
Just-Listed Properties

Connect with us anytime:
Contact Our Team

As Calgary moves into the final stretch of 2025, market activity remains one of the most closely watched topics across the city. While our full Official Market Report will be released in the coming days, this early-December snapshot provides helpful context on buyer demand, inventory levels, and cross-market performance across both residential and commercial real estate.

Calgary continues to show resilience—with steady sales volumes, upward pressure on pricing in popular communities, and increasing interest in suburban and surrounding-area markets. Below is an overview of what’s shaping the landscape right now—and where trends appear to be heading.

Inventory Remains Tight Across Many Calgary Communities

Low inventory continues to define large parts of the market heading into December. Detached homes, especially in established neighbourhoods, remain competitive. Buyers searching in communities such as Auburn Bay(https://www.calgarylistinghub.ca/auburn-bay-calgary-homes-for-sale.html) , Mahogany(https://www.calgarylistinghub.ca/mahogany-calgary-homes-for-sale.html) , or Legacy(https://www.calgarylistinghub.ca/legacy-calgary-homes-for-sale.html) are still encountering fast-moving listings and strong absorption rates.

Northeast Calgary—an area that has experienced some of the fastest population growth—continues to draw significant attention. Communities such as Saddleridge (https://www.calgarylistinghub.ca/saddleridge-calgary-homes-for-sale.html) , Taradale (https://www.calgarylistinghub.ca/taradale-calgary-homes-for-sale.html) , and Skyview Ranch(https://www.calgarylistinghub.ca/skyviewranch-calgary-homes-for-sale.html) continue to attract buyers searching for affordability paired with amenities and strong transit access.

For buyers looking to stay ahead of new opportunities, our Just Listed feed (https://www.calgarylistinghub.ca/just-listed.html) remains one of the best tools to monitor fast-moving inventory.

Luxury & Estate Markets Hold Steady

Despite interest rate volatility earlier in the year, the luxury segment remains resilient. Inventory in the $1M+ market(https://www.calgarylistinghub.ca/calgary-homes-over-1m.html) is relatively stable, with areas like Lake Bonavista(https://www.calgarylistinghub.ca/lake-bonavista-calgary-homes-for-sale.html) and Heritage Pointe(https://www.calgarylistinghub.ca/calgary-area-heritage-pointe-luxury-homes.html) performing consistently month over month.

Buyers prioritizing new builds are still highly active in modern master-planned communities. Our dedicated Calgary New Construction Luxury section (https://www.calgarylistinghub.ca/calgary-new-construction-luxury.html) remains a strong resource for monitoring the newest homes hitting the market.

Condos & Townhomes See Sustained Demand

Affordability continues to push many purchasers toward condos and townhomes. This holds true both inside the city and in surrounding markets such as Chestermere, where townhouse and condo options (https://www.calgarylistinghub.ca/chestermere-condo-for-sale.html) draw interest from commuters looking for value without sacrificing quality of life.

Calgary’s renewed population growth continues to support this segment, and first-time buyers remain highly active.

Commercial Real Estate: Stability With Select High-Demand Categories

Commercial activity across Calgary and surrounding areas remains steady, particularly in asset classes tied to essential services and small business operations.

Key categories seeing inquiry growth include:

• Automotive properties (https://www.calgarylistinghub.ca/calgary-automotive-properties.html) 

• Medical spaces (https://www.calgarylistinghub.ca/calgary-medical-properties.html) 

• Industrial small-bay units (https://www.calgarylistinghub.ca/calgary-small-bay-industrial.html) 

• Retail properties (https://www.calgarylistinghub.ca/calgary-retail-properties.html) 

Interest continues to extend beyond Calgary proper, with growing activity in:

• Airdrie Commercial Real Estate (https://www.calgarylistinghub.ca/airdrie-commercial-real-estate.html) 

• Lethbridge (https://www.calgarylistinghub.ca/lethbridge-commercial-real-estate.html) 

• Cochrane (https://www.calgarylistinghub.ca/cochrane-commercial-real-estate.html) 

• Strathmore (https://www.calgarylistinghub.ca/strathmore-commercial-real-estate.html) 

Investors who want a deeper understanding of ROI and cap rate dynamics ahead of 2026 may find our Calgary Commercial Cap Rates Guide (https://www.calgarylistinghub.ca/calgary-commercial-cap-rates.html) valuable.

Business Sales Market: Continued Momentum Into Year-End

Business acquisitions remain strong across Calgary and Alberta. Categories with particularly steady demand include:

• Auto repair shops (https://www.calgarylistinghub.ca/auto-repair-shops-for-sale-calgary.html) 

• Food & restaurant businesses (https://www.calgarylistinghub.ca/food-businesses-for-sale-calgary.html) 

• Daycares (https://www.calgarylistinghub.ca/alberta-daycares-for-sale.html) 

• Franchises (https://www.calgarylistinghub.ca/franchises-for-sale-calgary.html) 

With many buyers preparing for Q1 transitions, our Guide to Buying a Business in Alberta(https://www.calgarylistinghub.ca/guide-to-buying-a-business-alberta.html) and Business Buyers Blueprint(https://www.calgarylistinghub.ca/business-buyers-blueprint.html) continue to be frequently accessed resources.

Owners considering selling can also benefit from our Business Valuation Guide(https://www.calgarylistinghub.ca/business-valuation-guide.html) and online Valuation Request tool (https://www.calgarylistinghub.ca/business-valuation-request.html) .

Acreages & Surrounding-Area Properties Stay in Demand

Acreage living remains highly desirable. Inventory in areas such as Springbank(https://www.calgarylistinghub.ca/calgary-area-springbank-acreages.html) , Bearspaw(https://www.calgarylistinghub.ca/calgary-area-bearspaw-acreages.html) , and De Winton(https://www.calgarylistinghub.ca/calgary-area-de-winton-acreages.html) continues to move steadily, especially as buyers plan ahead for spring 2026.

Suburban communities like Chestermere (https://www.calgarylistinghub.ca/chestermere-homes-for-sale.html) also remain top alternatives for purchasers seeking more space while staying close to Calgary.

Tools & Resources Heading Into 2026

Whether buying or selling, clients continue to rely on our platform’s tools and guides:

• Map Search (https://www.calgarylistinghub.ca/map-search.html) for location-driven property discovery

• Home Evaluation (https://www.calgarylistinghub.ca/home-evaluation.html) for owners monitoring value

• Mortgage Calculator (https://www.calgarylistinghub.ca/mortgage-calculator.html) for payment planning

Commercial clients frequently request:

• How to Value Commercial Property (https://www.calgarylistinghub.ca/how-to-value-commercial-property.html) 

• How to Lease Commercial Space in Calgary (https://www.calgarylistinghub.ca/how-to-lease-commercial-space-calgary.html) 

• Commercial Financing Guide (https://www.calgarylistinghub.ca/commercial-financing-alberta.html) 

These continue to be some of the most visited resources on our website as clients prepare for both year-end and early-2026 moves.

What to Expect in Our Full Market Report

The comprehensive December Market Report will include:

• Updated pricing trends

• Year-over-year comparisons

• Submarket breakdowns across NE, NW, SE, SW

• Commercial performance insights

• Investment metrics and cap rate shifts

• Forecast indicators for early 2026

This interim December 1 update is designed to provide a clear baseline while the full dataset is finalized.

Final Thoughts

Calgary continues to be one of Canada’s most dynamic and opportunity-rich real estate markets. From residential homes and new builds to commercial investments and business acquisitions, demand remains strong as we close out 2025.

For tailored insights or to begin planning your 2026 move, our team is accessible through the Contact Page(https://www.calgarylistinghub.ca/contact.html) and ready to support your next step.