Calgary Real Estate Market: October 2025 – A Buyer’s Opportunity Emerges

Market Shift Creates New Opportunities for Homebuyers

The Calgary real estate market is experiencing a significant transformation that’s creating exciting opportunities for buyers. According to the latest CREB® (Calgary Real Estate Board) report released October 1, 2025, we’re seeing a market shift that hasn’t been witnessed in years and it’s opening doors for those who’ve been waiting for the right moment to buy.

Understanding the Current Market Dynamics

September 2025 marked a turning point in Calgary’s housing market. With 1,720 sales and 3,782 new listings hitting the market, inventory levels have climbed to 6,916 units, 36% higher than last year and over 17% above traditional September levels. This increased supply is creating a more balanced marketplace where buyers have genuine choice and negotiating power.

As CREB® Chief Economist Ann-Marie Lurie explains: “Supply levels have been rising in the resale, new home and rental markets. The additional supply choice is coming at a time when demand is slowing, mostly due to slower population growth and persistent uncertainty.”

What This Means for Buyers

The sales-to-new-listings ratio has dipped to 45%, and the months of supply has reached four months for the first time since early 2020. This represents a fundamental shift toward buyer-friendly conditions across multiple property types.

Key Opportunities by Property Type:

Apartment Condominiums – Maximum Value The apartment condo sector presents the most compelling opportunity for first-time buyers and investors. With a benchmark price of $322,900 (down over 6% from last year), and inventory at 1,999 units with five months of supply, buyers have excellent selection and negotiating leverage. This segment is particularly attractive for those looking to enter the market or add to their investment portfolio.

Detached Homes – Stable with Room to Negotiate Detached homes, benchmarked at $749,900, are down only 1% from last year but show signs of softening from spring’s record highs. With the sales-to-new-listings ratio at 45%, levels not seen since 2018, buyers can take their time and negotiate more effectively. The North East and East districts offer particularly strong value with price adjustments over 6%.

Row Homes – Balanced Opportunity Row homes at $437,100 (down nearly 5% year-over-year) represent excellent value for families seeking townhome living. With inventory at its highest September level since 2018, buyers have significant choice, particularly in the North East district.

Semi-Detached – Emerging Value Semi-detached properties at $684,800 have shifted from seller’s to balanced market conditions, with months of supply approaching four months. This segment offers quality housing with increasing negotiability.

Why Now Is a Strategic Time to Buy

1. Increased Selection: More inventory means you can be selective and find a home that truly meets your needs rather than settling due to limited options.
2. Reduced Competition: With slower demand, you’re not competing against multiple offers on every property, giving you time to make informed decisions.
3. Price Adjustments: Year-over-year price declines in several segments mean your dollar goes further than it did in 2024.
4. Negotiating Power: With months of supply elevated across all property types, sellers are more motivated to negotiate on price, terms, and conditions.
5. Market Timing: According to the CREB report, “should this persist, we could see a market that shifts more in favour of the buyer.” Getting in now positions you ahead of potential future demand increases.

District-Specific Opportunities

The North East district stands out across multiple property types with the highest inventory levels and most significant price adjustments. The City Centre continues to show strength for those seeking urban living, while maintaining reasonable pricing compared to peak levels.

Looking Ahead

While market conditions vary by property type, price range, and location, the overall trend is clear: Calgary’s real estate market is providing opportunities that haven’t existed since before the pandemic. For buyers who’ve been on the sidelines, this shift represents a window of opportunity to enter the market with choice, negotiating power, and better value.

Whether you’re a first-time buyer, looking to upgrade, or considering investment properties, the current market conditions favor those ready to take action. The combination of increased inventory, price adjustments, and reduced competition creates an environment where buyers can be strategic and selective.

Ready to Explore Your Options?

The market is shifting in your favor. Let’s discuss how these opportunities align with your real estate goals and find the perfect property for your needs.

Data sourced from CREB® Market Statistics, October 1, 2025