More Price Drops in Calgary Real Estate - Here’s What You Need to Know

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Calgary’s housing market is shifting. Inventory levels in June hit 6,941 units—levels we haven’t seen since before the 2021 population boom. While overall sales are holding near long-term averages, supply is growing rapidly, especially in the apartment and row home segments, where inventory is now 30% higher than typical trends.

Detached and semi-detached homes are holding steady for now, but pressure is mounting in the more affordable segments. Prices for apartment and row homes are now more than 3% lower than last year.

With more options on the market, hesitant buyers, and little movement in lending rates, the market is slowly tipping toward a buyer's advantage—especially in the condo and townhouse space.

Unadjusted benchmark price: $586,200

Down from last month

Down over 3% from last year

Expect slower price growth and more negotiation power if you're in the market to buy.

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📚 Video Chapters 📚

00:00 - Price Drops across Calgary - What does that mean for 2025?
00:13 - Adam Fyfe Calgary Listing Agent
01:01 - Quick overview of the Calgary Housing Market
01:44 - Written Recap of the Calgary Real Estate Market
04:24 - How much have home prics fallen in one year in Calgary?
05:22 - Quick overview of home prices in Calgary right now
07:51 - A breakdown of Total Sales in the Calgary Housing Market
09:23- How much Inventory is in the Calgary Real Estate Market
11:46 - How Active is the Real Estate Market around Calgary?
14:13 - What is happening to Home prices in Calgary?
17:48 - How much is my house worth in Calgary?
18:30 - A complete breakdown of price points in Calgary's Housing Market
21:13 - My Future Predictions for the Calgary Real Estate Industry

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Contact Adam Fyfe:
🏢 eXp Realty Canada
💻 Email: [email protected]
📱 Phone: 403-561-8747

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