Six weeks to sell a home, condos sitting for nearly two months, and the most buyer-friendly autumn Calgary has had in years.
In October 2025, Calgary’s benchmark home price was $566,200 — down 0.9% from September and 4.2% below October 2024. Sales rose 9.5% on the month to 1,879 but were down 13.3% year-over-year. Inventory of 6,472 homes stood 30.3% above last October, with supply at 3.4 months. A typical home took 43 days to sell, eleven days longer than a year earlier. Apartment condos, at 4.6 months of supply and 52 days on market, were down 6.9% year-over-year to $313,700.
October 2025 at a glance
Homes were taking 43 days to sell in Calgary in October 2025 — eleven days longer than last October and more than twice the 19-day record set in May 2024. Apartment condos were sitting for 52 days and row homes for 50. The benchmark eased 0.9% to $566,200, down 4.2% on the year, with 6,472 homes on the market and supply at 3.4 months. For buyers, this was the most comfortable autumn in years; for sellers, the hardest.
Calgary prices over time
| Year | Benchmark price | Change on the year |
|---|---|---|
| 2014 | $459,500 | — |
| 2015 | $448,800 | ▼ -2.3% |
| 2016 | $434,100 | ▼ -3.3% |
| 2017 | $433,200 | ▼ -0.2% |
| 2018 | $424,600 | ▼ -2% |
| 2019 | $415,900 | ▼ -2% |
| 2020 | $421,300 | ▲ +1.3% |
| 2021 | $463,900 | ▲ +10.1% |
| 2022 | $518,800 | ▲ +11.8% |
| 2023 | $565,200 | ▲ +8.9% |
| 2024 | $582,100 | ▲ +3% |
| 2025 (to October) | $566,200 | ▼ -2.7% |
Sales, listings and inventory
| Month | Sales | New listings | Inventory | Days on market | Benchmark |
|---|---|---|---|---|---|
| November 2024 | 1,793 | 2,327 | 4,354 | 37 | $586,400 |
| December 2024 | 1,318 | 1,238 | 2,994 | 44 | $582,100 |
| January 2025 | 1,449 | 2,896 | 3,640 | 41 | $581,800 |
| February 2025 | 1,718 | 2,830 | 4,147 | 33 | $586,300 |
| March 2025 | 2,156 | 4,018 | 5,153 | 29 | $590,300 |
| April 2025 | 2,230 | 4,037 | 5,868 | 29 | $589,200 |
| May 2025 | 2,559 | 4,840 | 6,744 | 32 | $588,300 |
| June 2025 | 2,284 | 4,223 | 6,944 | 33 | $584,600 |
| July 2025 | 2,096 | 3,911 | 6,919 | 37 | $581,100 |
| August 2025 | 1,986 | 3,477 | 6,659 | 38 | $576,000 |
| September 2025 | 1,716 | 3,782 | 6,919 | 42 | $571,400 |
| October 2025 | 1,879 | 3,232 | 6,472 | 43 | $566,200 |
The headline numbers
| Metric | October 2025 | vs prev month | vs last year |
|---|---|---|---|
| Benchmark price | $566,200 | ▼ -0.9% | ▼ -4.2% |
| Sales | 1,879 | ▲ +9.5% | ▼ -13.3% |
| New listings | 3,232 | ▼ -14.5% | ▼ -1% |
| Inventory | 6,472 | ▼ -6.5% | ▲ +30.3% |
| Days on market | 43 | ▲ +1 day | ▲ +11 days |
A look by property type
| Property type | Benchmark | vs last year | Sales | Days on mkt | Months of supply |
|---|---|---|---|---|---|
| Detached | $740,400 | ▼ -1.6% | 1,008 | 37 | 2.9 |
| Semi-detached | $679,900 | ▲ +0.4% | 186 | 39 | 3.3 |
| Row / townhouse | $429,500 | ▼ -5.8% | 273 | 50 | 3.9 |
| Apartment condo | $313,700 | ▼ -6.9% | 412 | 52 | 4.6 |
Days on market is the honest indicator
Prices move slowly and get revised. Days on market reflects what is happening right now, and at 43 days Calgary was taking six weeks to sell a typical home — nearly two months for a condo or a townhouse.
That has a direct consequence for how offers get written. A seller who has waited seven weeks is thinking about their carrying costs, not about holding out for a better number. Buyers who understood that had real negotiating leverage.
The decline had been remarkably steady
Monthly changes since July: -0.6%, -0.9%, -0.8%, -0.9%. From the June 2024 peak of $605,300 to October 2025’s $566,200 is a decline of 6.5% over sixteen months.
That works out to roughly 0.4% a month on average — slow, orderly, and without any single alarming month. Calgary corrects gradually because it has no forced sellers; owners simply withdraw rather than accept a bad price.
The gap between segments was wide again
Detached homes at $740,400 were down 1.6% year-over-year with 2.9 months of supply. Apartment condos at $313,700 were down 6.9% with 4.6 months. Row homes at $429,500 were down 5.8% with 3.9 months.
The pattern had inverted from 2023, when the affordable segments led on price and tightness. Now detached homes were holding value best and condos were absorbing the adjustment — with the spread between them at its widest in the cycle.
What this meant if you were buying
October rewarded buyers who did the work. With 6,472 listings there were genuinely good homes sitting unsold, and the ones that had been on the market for two months were negotiable in a way nothing in Calgary had been since 2020.
Practically, it’s worth asking your realtor for the listing history — original price, any reductions, days on market — before writing an offer. In a 3.4-month market that information is what tells you how much room there is, and it costs nothing to ask for.
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Source: CREB, October 2025 (City of Calgary geography). Prices shown are benchmark (HPI) values. Month-over-month compares to the prior month; year-over-year to the same month last year. The board may revise past months as late sales are recorded. Prepared by Mortgages for Less.
