July 2025 Calgary Housing Market: Prices, Inventory & What It Means for You
It’s not a buyer’s market. It’s not a seller’s market. It’s a “know what you’re doing” market. In this July 2025 update, I’ll walk you through what’s happening with sales, prices, and inventory so you can make confident decisions—whether you’re buying, selling, or simply keeping an eye on the market. With over 18 years of Calgary real estate experience and hundreds of successful transactions, I’ve seen every kind of market shift and know how to navigate each one.
Let’s break down the Calgary real estate numbers, uncover the trends, and talk about what they really mean for you.
July 2025 Calgary Real Estate Market Snapshot
- Sales: 2,099 homes (⬇️ 8.9% from June)
- New Listings: 3,911 (⬇️ 7.3% MoM)
- Inventory: 6,917 (unchanged from June)
- Benchmark Price (All Property Types): $582,900 (⬇️ 0.6% MoM)
- Months of Supply: 3.21 (⬆️ from 3.04 in June)
Source: Calgary Real Estate Board (CREB®), July 2025
Missed an update? Read the May 2025 Calgary Real Estate Market Update to see how trends have shifted.
What Is Months of Supply and Why Does It Matter?
Months of supply tells us how long it would take to sell all current homes on the market at the current pace, assuming no new listings. It’s one of the best indicators of market balance:
- Less than 2.5 months: Seller’s market
- 3–4 months: Balanced market
- 4+ months: Buyer’s market
At 3.21 months in July, Calgary is moving closer to balanced conditions. Buyers have more choices, but sellers can still get strong results if they price strategically and present their homes well.
July 2025 Market Supply by Property Type
- Detached: 2.9 months — still firmly in seller’s market territory
- Apartments: 4.1 months — now in buyer’s market territory
What that means:
- Detached homes — especially under $750K in desirable areas — are still moving quickly.
- Apartment buyers now have more selection, more leverage, and more time to decide.
Calgary Housing Prices July 2025 by Property Type
| Property Type | Benchmark Price | MoM Change |
|---|---|---|
| Detached | $761,800 | ⬇️ down 0.3% |
| Semi-Detached | $697,500 | ⬆️ up 0.2% |
| Row Homes | $446,200 | ⬇️ down 0.9% |
| Apartments | $329,600 | ⬇️ down 1.1% |
Year-over-Year Calgary Home Prices – July 2025 vs. July 2024
Compared to last year, July’s prices show a mix of stability and slight dips, reflecting a market finding its balance after two years of intense seller conditions.
| Property Type | July 2024 Benchmark | July 2025 Benchmark | YoY Change (%) |
|---|---|---|---|
| Detached | $767,800 | $761,800 | ⬇️ down 0.8% |
| Semi-Detached | $687,900 | $697,500 | ⬆️ up 1.4% |
| Row Homes | $464,200 | $446,200 | ⬇️ down 3.9% |
| Apartments | $346,300 | $329,600 | ⬇️ down 4.8% |
Are Homes Still Selling Over Asking?
Yes — but fewer than earlier this year.
- In July, 26% of all homes sold at or above list price.
- For detached homes under $700K, that jumps to nearly 35%.
If you’re buying: know your ceiling. If you’re selling: smart pricing can still trigger strong offers — even in a shifting market.
Market Insights for Calgary Home Buyers
- More selection, especially for condos and townhomes
- Apartments now at 4.2 months of supply — edging into buyer’s territory
- Detached homes still tight at 2.6 months of supply
- Pre-approval is still essential — rates remain steady, but being prepared means you can move quickly
Strategy Tips for Calgary Home Sellers
- Inventory is rising — buyers have more options
- Homes that are staged, priced right, and marketed well are still selling
- Overpricing can lead to longer days on market
Bottom line: The market is more balanced, but opportunities are still there if you have the right strategy.
Calgary Real Estate Market FAQ – July 2025
Is Calgary’s 2025 real estate market better for buyers or sellers?
Right now, Calgary’s real estate market is balanced—meaning neither buyers nor sellers have a big advantage. Detached and semi-detached homes are still competitive in certain price points, while apartment condos lean toward a buyer’s market. Your results will depend on strategy, timing, and knowing your micro-market.
How have Calgary home prices changed compared to last year?
Overall, Calgary’s benchmark price is slightly lower than last July, with detached prices holding fairly steady, semi-detached up about 1%, and both row homes and apartments down 3–5%. While the changes aren’t dramatic, the trend over the last few months has been mild softening.
How long does it take to sell a home in Calgary right now?
In July 2025, the average time to sell a Calgary home is about 37 days—longer than earlier this year. Well-priced, well-presented homes in high-demand areas still sell faster, while overpriced listings or homes needing prep sit longer.
Which Calgary property types are seeing the biggest price drops?
Apartments and row townhomes have seen the largest year-over-year declines, especially in districts with high new supply like the North East. Detached and semi-detached homes have been more resilient, particularly under $750K in desirable locations.
Are detached homes in Calgary still selling over asking?
Yes, but less often than earlier this year. In July, about 26% of all Calgary homes sold at or above asking, and for detached homes under $700K that number climbs to nearly 35%. Strong pricing and presentation are still key to generating multiple offers.
What does “months of supply” mean in Calgary real estate?
Months of supply tells you how long it would take to sell all current homes if no new ones came on the market. Around 3 months is considered balanced. In July 2025, detached and semi-detached homes are near balanced, while apartments sit above 4 months—favouring buyers.
How can Calgary home sellers stand out in a competitive market?
Sellers win with the three P’s: preparation, presentation, and pricing. Declutter, make small repairs, stage professionally, and use top-tier marketing like iGUIDE tours. Then, price based on current active competition—not last year’s sales.
Are Calgary apartment condos a smart buy in 2025?
For the right buyer, yes. More supply means more choice, softer prices, and room to negotiate. Focus on buildings with strong reserve funds, reasonable condo fees, and a location that will hold resale value.
Which Calgary areas are holding their home values best?
Detached homes in Calgary’s West, South, and City Centre districts have been the most resilient in 2025. Areas with high new supply, like the North East, have seen steeper price drops in certain property types.
What should I do first if I’m buying or selling a Calgary home?
Buyers should start with a strong pre-approval and tour target communities to learn pricing quickly. Sellers should book a prep consultation, complete a to-do list, and price strategically. The right first step? Book a 15-minute market game plan with our team.
Conclusion: Your Next Move in Calgary’s July 2025 Market
July’s numbers confirm what I’m seeing on the ground every day — Calgary’s market is shifting from red-hot to balanced. That creates opportunities for both buyers and sellers, but only if you know how to position yourself. Buyers now have more choice in certain segments, while well-prepared sellers can still spark strong offers.
After guiding hundreds of clients through every type of market, I can tell you this: the people who win are the ones who plan ahead and act with clarity. Whether you’re thinking about buying your first condo, moving up to a larger family home, or selling to downsize, the right strategy today can set you up for success in the months ahead.
Your next step? Let’s talk about how these July trends affect your specific situation. Book your 15-minute call with our team and feel confident about your next move.
Marnie is a trusted Calgary REALTOR® with 18+ years of experience, over 800 real estate transactions, and 150+ five-star reviews. She leads a team dedicated to helping clients make confident, no-regret real estate decisions.
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Disclaimer: This blog post is based on Calgary Real Estate Board (CREB®) data and current market analysis. This is not financial advice. Please consult a licensed real estate professional before making any decisions.
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