Calgary Real Estate Market Report - October 2025: Benchmark Price Declines 2.3% Year-Over-Year

Calgary (MLS® HPI) — October 2025

In October 2025, Calgary's composite benchmark price stands at $565,500, reflecting a 2.3% decrease compared to the same month last year. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Calgary real estate market shows signs of stability as the composite benchmark price has decreased slightly from $568,000 in September 2025 to $565,500 in October 2025. This decline of 0.9% month-over-month is accompanied by a year-over-year drop of 2.3%, suggesting a gradual cooling trend in property values. Despite these declines, the market is characterized as balanced, which typically indicates that supply and demand are in equilibrium, providing opportunities for both buyers and sellers.

Property Type Analysis

When examining property types, the detached homes have a benchmark price of $679,700, while attached/townhouse properties are priced at $449,700, and apartments at $321,900. The variations in benchmark prices reflect differing demand dynamics across these segments, with detached homes continuing to command the highest prices, indicative of their desirability in the current market.

Regional Highlights

Calgary's regional trends indicate a consistent demand for housing, particularly in suburban areas where detached homes are prevalent. As urban migration continues, buyers are increasingly seeking properties that offer more space and amenities, which may influence future pricing and availability in these regions.

For Buyers

For prospective buyers, October presents a balanced market environment, making it an opportune time to explore options without the pressure of a highly competitive landscape. Buyers are encouraged to conduct thorough research and consider their long-term needs, as the current pricing trends may provide favorable conditions for negotiations.

For Sellers

Sellers should remain mindful of the slight decline in benchmark prices and the balanced market conditions. It is advisable to price properties competitively and ensure they are well-presented to attract potential buyers, as the current market may require strategic marketing efforts to stand out.