Market report · September 2025
Calgary housing market: September 2025
The benchmark sale price in Calgary in September 2025 was $571,400, down 4.0% year over year. 1,716 homes sold against 3,782 new listings — 4.0 months of supply, a buyer's market.
What happened in September 2025
Calgary recorded 1,716 sales in September 2025, 14.2% fewer than the same month a year earlier. Sellers brought 3,782 new listings to market, leaving 6,919 properties in inventory — 36.6% more than a year ago. At the month's pace of sales that is 4.0 months of supply, which puts Calgary in a buyer's market. 45% of the month's new listings sold.
The benchmark price across all property types was $571,400, down 4.0% year over year and down 0.8% on the month. By property type, semi-detached homes were the strongest year over year at +0.9%, and apartment the weakest at -6.5%.
The two years to September 2025
By property type
| Type | Benchmark price | YoY | Sold | New listings | Inventory | Months of supply |
|---|---|---|---|---|---|---|
| Detached | $746,500 | -1.3% | 858 | 1,904 | 3,201 | 3.7 |
| Semi-detached | $684,600 | +0.9% | 155 | 362 | 619 | 4.0 |
| Row / townhouse | $436,600 | -4.7% | 303 | 589 | 1,095 | 3.6 |
| Apartment | $317,700 | -6.5% | 400 | 927 | 2,004 | 5.0 |
| All types | $571,400 | -4.0% | 1,716 | 3,782 | 6,919 | 4.0 |
Source: the Calgary Real Estate Board, Calgary, September 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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