Real Estate Market in Calgary

Whether you’re buying your first home, moving to Calgary, selling a rental property, or looking to buy something a little larger for your expanding family, we can help you. The Calgary real estate market has seen some record housing prices in 2025. What can you expect for 2026 for Calgary? Below are all of our predictions, forecasts and the trends we see happening in this housing market in Calgary. If you're wondering whether it's a buyers or sellers market or if now is a good time to sell your home in Calgary, you are in the right place!

Our team at The Chamberlain Real Estate Group has years of experience guiding you to the perfect home and getting the price you want. But what about the current Calgary real estate market? Is it the right time?

Invariably, we always get that question. It’s a good question to ask. We have to ask ourselves about it as well. What is the right time? Should we wait? Should we be concerned about news reports, market swings, and interest rate changes? Let us help answer some of those questions for you.

Below is the latest info on the Calgary Market... Dig in and send us your questions about the market and how we can help you and download our latest market report at the button below.

Real Estate Market Calgary Statistics

The Calgary real estate market stats are typically updated every month. The market report in the download button below has all the stats on this month's market info for Calgary and surrounding areas.

2025 Market Report for Calgary Real Estate

2025 has been a whirlwind year for Calgary and the market. The above market report for Calgary’s real estate dives deep into what is happening in the market and what you can expect across various property types and communities. Throughout the year, Calgary has witnessed more buyers coming from other Canadian cities, drawn by the city's affordability. The accessibility of diverse housing options makes Calgary an attractive choice for families and all types of homebuyers, playing a pivotal role in their decision-making process regarding the ideal location, style, and community for their homes.

Here is our latest market update video from YouTube.

News Update for 2025 Real Estate Market in Calgary

The Chamberlain Real Estate Group has worked closely with local and national papers to bring you some of the most updated news for the 2025 Calgary real estate market. We have worked with the Globe & Mail, Financial Post and the Calgary Herald over the past year or so and reported on some of the hottest and biggest news stories in Calgary.

Calgary is a diverse and ever-changing city, with so much potential for growth. Staying on top of the market conditions and all the news updates is key to being able to make the best decisions for you and your family.

We watch the news too. We see what’s going on in the world. Real estate prices in Calgary can fluctuate to favour a buyer’s market or a seller’s market quickly. With careful analysis of the market reports and by keeping an eye on the world trends, we can accurately give you a picture of the current market and how it will affect your decision. Let us take the confusion out of buying and selling your home.  

Check back on this site to see an up-to-date market report that highlights some of the key figures you need to see. This data, direct from the Calgary Real Estate Board, gives you a bird’s eye view of the city and how homes are selling over the course of a 90-day period. That way, you can watch the same figures that we do, knowing that our experience in this market can guide you to the best decision for your family.

Housing Market Trends in Calgary

The housing market trends in Calgary are shifting this year. Due to rising prices and rising interest rates, there are more buyers adjusting their search criteria to accommodate these price increases. An example of this would be instead of looking to acquire a single-family detached home, a buyer may need to start to look at an attached home or even a townhouse in order to stay within the shopping and pre-approved budget that they have for themselves. This can be a hard adjustment to make for a buyer, but the sooner they realize where the market is going, the quicker they can adjust and make better decisions. This is exactly the type of conversations that our agents at Chamberlain Real Estate Group have with our clients to help them navigate the changing landscape.

Calgary Housing Record Prices

How much does it cost to buy a house in Calgary? Search through the infographic above and click or hover over each of the communities to be able to see what the average price is currently. Prices have a drastic range in our city and change based on many variables from location, size of the home, amenities etc. We have seen some record housing prices in Calgary in 2024, which has changed the benchmark and averages prices in Calgary. The Benchmark Price analysis reveals the remarkable stability of the market, maintaining an approximate value of $570,000 from August to December, even as the average price experienced a $20,000 increase during this period. Diving into specific property types, detached homes have consistently held their ground in the $690,000s from July to December. Similarly, semi-detached properties remained in the $620,000s from August to December, while row houses sustained their pricing in the $420,000s from October to December. Apartments, too, maintained their value in the $320,000s from November to December. 

Forecast for Real Estate In Calgary

Where is Calgary headed? What is the forecast for real estate in Calgary? Expect continued pricing pressure on the lower end of the market, likely affecting higher-end segments as well. Anticipate an impact from upcoming renewals, potentially bringing more inventory into the market and increasing activity in higher price ranges. Some homeowners might opt to upgrade rather than renew, especially if financially viable – a trend not seen in the market since 2020.

What to expect for 2024 Predictions

2024 has been a very interesting year for Calgary real estate. What you can expect to see in Calgary is it continuing to be a sellers market, where there are more buyers than what’s available for them. Predicting the future isn’t easy, but the market is truly showings signs of growth and optimism.

Calgary's Real Estate Market FAQs

The biggest FAQ we get about the Calgary real estate market is when should I sell my home? There isn’t a simple answer because over the past number of years the rhythms of the market have changed and we haven’t seen them return. If the market is in more of a sellers market you should consider knowing where you are moving to first because your home could sell quickly, and you don’t want to become homeless.

Are house prices in Calgary dropping?

House prices in Calgary are not dropping right now. With the influx of buyers moving to Calgary on top of the demand that we already had with locals, it has caused the market to be in a strong sellers market. When there is a lack of supply of homes for sale tied with more buyers than homes, this is the start of the recipe for home prices to increase.

Is Calgary currently a buyers or sellers market?

Calgary, in 2024, is a strong sellers market. This occurs when there is a lack of inventory and homes for buyers to buy together with a high or increasing demand for houses in Calgary. With this happening in Calgary now, the sellers market could stay here for at least till the end of 2024, if not for a couple of years.

Is the Calgary housing market hot?

The housing market in Calgary is very hot. What this means is that many homes are selling quickly and we are seeing the market mainly being a sellers market. A sellers market means there are many buyers looking and offering on a single home and many times this leads to multiple offers

Is it a good time to buy a house in Calgary?

The only way to truly know when the best time to buy a house is to look at data that happened in the past. If you are in a position where you are needing a home, moving to the city or looking to upgrade, then yes it is a great time to buy a home in Calgary. With the market heating up, and the economy changing away from it just being an oil and gas city we will see these values increase and most likely stabilize in the future.

Is it a sellers market right now Calgary?

It is 100% a sellers market in Calgary right now. If you look at the data at the beginning of 2024, there are only a handful of communities that aren’t in a sellers market. Nearly the whole city has low months of inventory which creates the market to be in a sellers market. The only way this will change is if the demand for the homes drops and inventory increases which creates an unbalance in the market and pushes it away from being a sellers market in Calgary.

Calgary Information

So, knowing the information in this guide is one thing, but actually creating a strategy and reaping those rewards is another. Do not worry, we are here to help.

I'm Jared, and I've been where you are.

I understand the struggle of finding the right real estate agent to help your family in a big transition.

That is why I co-founded Chamberlain Real Estate Group, a place where families like yours can thrive. My passion for bringing a team together that is like-minded and serving and helping families like yours sell and buy homes in and around Calgary is what drives me. We offer more than just showing you homes; we create a strategy with you and your family that supports your needs and goals when moving into the next home.

Want to see how we can transform your real estate experience?

Reading our reports and watching our videos is one thing, reaching out to us and creating a strategy with us is another. But do not worry, we are here to help.

Benefits You Can Expect

Expert Advice

Our team has decades of experience and knowledge to help guide and advise you.

Partnership

Our goal is to be your partner through the process no matter how hard or easy it gets.

Winning

Winning only happens when you succeed.

How it Works

Step 1: Book a Strategy Session

Schedule a time to discuss your needs and wants for buying or selling, and allow us to create a unique strategy to your needs based on the current market.

Step 2: Work Together

We work with you to find the perfect result you are after. We listen, respond and take into account all your personal plans and challenges into our process.

Step 3: Complete the Purchase/Sale

After working hard with you, and working through all the challenges of finding the perfect next home, we can celebrate together as our aim is to exceed your expectations in service and the home you find/sell.