Courtesy of Ryan Torris

PRICES DECLINES MOSTLY DRIVEN BY HIGHER DENSITY HOMES

CALGARY

AIRDRIE

BENCHMARK PRICE Current: $ 577,200 Last Mo.: -1.0 % Last Yr.:-4.1 %

BENCHMARK PRICE Current: $531,100

City of 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.

Last Mo.: -0.3% Last Yr.: -4.0%

DAYS ON MARKET

DAYS ON MARKET

43

27

NEW LISTINGS

NEW LISTINGS

3,478

265

ACTIVE LISTINGS

ACTIVE LISTINGS

6,661

535

SOLD LISTINGS

SOLD LISTINGS

1,989

152

Stats Reflective of August 2025 Source: CREB ®

Stats Reflective of August 2025 Source: CREB ®

Market values stated are of the average 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.

Market values stated are of the average of Airdrie. 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.

Source: CREB ®

Please spread the word! Have friends or family moving? Don’t hesitate to pass them my info. P.S. I always take good care of my referring clients!

R yan T orris REALTOR ® - TOP PRODUCER - OWNER Real Estate Agent, 1forAll Charity Contributor 403.710. SOLD (7653) concierge@blackrockre.ca www.blackrockre.ca @blackrockre

201, 120 2nd Ave NE Airdrie, AB T4B 2N2

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