Calgary Real Estate Market Report - September 2025

Calgary (MLS® HPI) — September 2025

In September 2025, Calgary's composite benchmark price stands at $568,000, reflecting a year-over-year decrease of 2.6%. The market is currently balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Calgary real estate market shows a composite benchmark price of $568,000 in September 2025, down from $573,000 in August 2025. This decline in benchmark price is consistent with the year-over-year trend, which saw a decrease from $583,200 in September 2024. The balanced market condition suggests that supply and demand are relatively equal, allowing for a stable environment where neither buyers nor sellers hold a significant advantage.

Property Type Analysis

When examining property types, the detached homes have a benchmark price of $682,000, while attached/townhouses and apartments are priced at $455,300 and $324,500, respectively. The variation in benchmark prices across these categories indicates differing levels of demand and supply dynamics, with detached homes commanding the highest prices, reflecting their desirability in the current market.

Regional Highlights

Calgary's overall market conditions remain steady, with the benchmark price reflecting a slight decline compared to the previous year. This trend may indicate a cooling off in certain segments of the market, but the balanced conditions suggest that buyers and sellers are adapting to the current economic landscape.

For Buyers

For prospective buyers, the current balanced market presents an opportunity to negotiate favorable terms. Buyers should conduct thorough research on specific neighborhoods and property types to identify potential value, especially in the detached and attached/townhouse segments where benchmark prices vary significantly.

For Sellers

Sellers are advised to price their properties competitively in light of the recent price declines. Engaging with a knowledgeable real estate professional can provide insights into current market trends and help in setting a realistic price that attracts buyers while maximizing returns.