Skip to content
Indi Mortgage

Market report · November 2025

Calgary housing market: November 2025

The benchmark sale price in Calgary in November 2025 was $559,000, down 4.7% year over year. 1,547 homes sold against 2,251 new listings — 3.6 months of supply, a balanced market.

Benchmark price
$559,000
▼ -4.7% year over year
Homes sold
1,547
▼ -13.7% year over year
New listings
2,251
▼ -3.3% year over year
Inventory
5,587
▲ +28.3% year over year
Months of supply
3.6
balanced market
Sales to new listings
—
of new listings sold

What happened in November 2025

Calgary recorded 1,547 sales in November 2025, 13.7% fewer than the same month a year earlier. Sellers brought 2,251 new listings to market, leaving 5,587 properties in inventory — 28.3% more than a year ago. At the month's pace of sales that is 3.6 months of supply, which puts Calgary in a balanced market.

The benchmark price across all property types was $559,000, down 4.7% year over year and down 1.3% on the month. By property type, semi-detached homes were the strongest year over year at -1.0%, and apartment the weakest at -7.4%.

The two years to November 2025

$565k$576k$588k$599kDec 23May 24Oct 24Mar 25Aug 25Nov 25

By property type

TypeBenchmark priceYoYSoldNew listingsInventoryMonths of supply
Detached$730,300-2.4%8191,0752,4473.0
Semi-detached$668,400-1.0%1652255463.3
Row / townhouse$425,400-6.2%2573959013.5
Apartment$308,400-7.4%3065561,6935.5
All types$559,000-4.7%1,5472,2515,5873.6

Source: the Calgary Real Estate Board, Calgary, November 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.

Buying in Calgary?

Get a real pre-approval before you shop — it's the difference between a budget and a guess.