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Market report · July 2025

Calgary housing market: July 2025

The benchmark sale price in Calgary in July 2025 was $581,100, down 3.9% year over year. 2,096 homes sold against 3,911 new listings — 3.3 months of supply, a balanced market.

Benchmark price
$581,100
▼ -3.9% year over year
Homes sold
2,096
▼ -11.7% year over year
New listings
3,911
▲ +8.5% year over year
Inventory
6,919
▲ +66.4% year over year
Months of supply
3.3
balanced market
Sales to new listings
54%
of new listings sold

What happened in July 2025

Calgary recorded 2,096 sales in July 2025, 11.7% fewer than the same month a year earlier. Sellers brought 3,911 new listings to market, leaving 6,919 properties in inventory — 66.4% more than a year ago. At the month's pace of sales that is 3.3 months of supply, which puts Calgary in a balanced market. 54% of the month's new listings sold.

The benchmark price across all property types was $581,100, down 3.9% year over year and down 0.6% on the month. By property type, semi-detached homes were the strongest year over year at +0.8%, and apartment the weakest at -4.8%.

The two years to July 2025

$570k$580k$590k$600kAug 23Jan 24Jun 24Nov 24Apr 25Jul 25

By property type

TypeBenchmark priceYoYSoldNew listingsInventoryMonths of supply
Detached$758,100-1.0%1,0291,8873,0793.0
Semi-detached$693,100+0.8%1873295472.9
Row / townhouse$445,700-3.5%3716791,1963.2
Apartment$324,800-4.8%5091,0162,0974.1
All types$581,100-3.9%2,0963,9116,9193.3

Source: the Calgary Real Estate Board, Calgary, July 2025.

What this means for your mortgage

Market conditions shape the negotiation; your income, debts and the stress test decide what you can actually borrow. If you're planning a purchase in Calgary, get the financing settled first — run your numbers, check today's rates, or start an application and we'll tell you exactly where you stand.

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