Courtesy of Matthew Dekort

Prices declines mostly driven by higher density homes

$326,500 apartment DOWN 5.8% year-to-year

$755,600 detached DOWN 0.9% year-to-year

BENCHMARK PRICES

$439,600 rowhouse DOWN 4.8% year-to-year

3,478 NEW LISTINGS 1,989 SOLD LISTINGS

detached 1,594 1,001 apartment detached 1,024 603 apartment

61.69% SALES TO NEW LISTING RATIO

27 DAYS ON MARKET

3.35 MONTHS OF INVENTORY

6,661 ACTIVE LISTINGS

Calgary, September 2, 2025: August reported 1,989 sales, nearly nine per cent lower than last year. Sales have slowed compared to the high levels reported over the past four years. However, activity is still above long-term trends, reflecting relatively strong demand. New listings remain elevated, keeping the sales-to-new-listings ratio below 60 per cent and pushing inventory to 6,661, the highest August amount since 2019. “Perspective is needed when it comes to price adjustments. The most significant price adjustments are occurring for row and apartment style homes as they are also the product type that are

facing the largest gains in supply choice,” said Ann-Marie Lurie, Chief Economist at CREB ® . “Meanwhile price adjustments in the detached and semi-detached markets range from modest price growth in some areas to larger price declines in areas with large supply growth. Overall, recent price adjustments have not offset all the gains that have occurred over the past several years.” More inventory choice coupled with lower sales has caused the months of supply to rise to 3.4 months in August. Statistics reflect market activity in August 2025 | Source: CREB ® Calgary Real Estate Board. Market values stated are of the benchmark of the city of Calgary. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

Matthew Dekort B.Comm., ABR ® , SRES ® Cell: 403.680.2729 | www.MatthewDekort.com | Matthew@MaxWellExpertsPlus.ca

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