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Market report · December 2025

Calgary housing market: December 2025

The benchmark sale price in Calgary in December 2025 was $554,700, down 4.7% year over year. 1,123 homes sold against 1,219 new listings — 3.4 months of supply, a balanced market.

Benchmark price
$554,700
▼ -4.7% year over year
Homes sold
1,123
▼ -14.8% year over year
New listings
1,219
▼ -1.5% year over year
Inventory
3,873
▲ +29.4% year over year
Months of supply
3.4
balanced market
Sales to new listings
—
of new listings sold

What happened in December 2025

Calgary recorded 1,123 sales in December 2025, 14.8% fewer than the same month a year earlier. Sellers brought 1,219 new listings to market, leaving 3,873 properties in inventory — 29.4% more than a year ago. At the month's pace of sales that is 3.4 months of supply, which puts Calgary in a balanced market.

The benchmark price across all property types was $554,700, down 4.7% year over year and down 0.8% on the month. By property type, semi-detached homes were the strongest year over year at -2.0%, and apartment the weakest at -7.4%.

The two years to December 2025

$561k$574k$586k$599kJan 24Jun 24Nov 24Apr 25Sep 25Dec 25

By property type

TypeBenchmark priceYoYSoldNew listingsInventoryMonths of supply
Detached$726,300-2.7%5835591,5962.7
Semi-detached$663,700-2.0%961023854.0
Row / townhouse$420,900-5.7%1712056543.8
Apartment$303,600-7.4%2733531,2384.5
All types$554,700-4.7%1,1231,2193,8733.4

Source: the Calgary Real Estate Board, Calgary, December 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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