Calgary Real Estate Market Report - December 2025: Benchmark Price Declines 3.3% Year-Over-Year

Calgary (MLS® HPI) — December 2025

In December 2025, Calgary's composite benchmark price stands at $554,800, reflecting a 3.3% decrease from the same month last year. The market remains balanced, with no significant changes reported in total sales or active listings.

Market Analysis

The Calgary real estate market in December 2025 shows a composite benchmark price of $554,800, down from $573,400 in December 2024. This decline indicates a softening in the market, though it remains balanced, suggesting that supply and demand are relatively equal. The absence of data on total sales and active listings for the current month limits a comprehensive analysis of market dynamics, but the year-over-year price drop suggests potential buyer hesitancy or a shift in market sentiment.

Property Type Analysis

When examining the property types, the detached homes have a benchmark price of $666,400, while attached/townhouse properties are priced at $444,600, and apartments at $311,700. The variations in benchmark prices indicate differing levels of demand and market activity across these categories, though specific sales data is currently unavailable to provide a clearer picture of trends within each segment.

Regional Highlights

Calgary's real estate landscape continues to reflect broader economic conditions, with the benchmark price decline mirroring trends seen in other major Canadian cities. The balanced market condition suggests that while prices are stabilizing, there is still a healthy level of activity that could support future growth, depending on economic recovery and buyer confidence.

For Buyers

Potential buyers should consider the current benchmark prices as an opportunity to enter the market, especially with the year-over-year price decline. Conducting thorough research and engaging with a knowledgeable real estate professional can help buyers navigate the current landscape effectively.

For Sellers

Sellers should be mindful of the current market conditions and the recent price decline. Setting a competitive price based on current benchmarks and ensuring properties are well-presented can enhance appeal to prospective buyers in a balanced market.