As we close out 2025, Calgary’s real estate market is showing clear signs of transition. December’s numbers point to shifting conditions that both buyers and sellers should be paying attention to as we head into the new year.
Inventory levels are on the rise
There were 3,860 active listing in December, which is up nearly 29% compared to 2024. This increase in supply is giving buyers more choice and easing some of the intense competition seen earlier in the cycle.
Home prices have softened and sales have slowed
Benchmark home prices have softened slightly, with a modest decline from both last month and last year. There were 1,126 sales in December, which is a decline of over 14.5% from 2024. Seasonal factors tend to play a role in this result, but the drop also reflects buyers taking a more cautious, measured approach.
What is a benchmark price? The benchmark price is the estimated value of a “typical” home in a community, based on the most popular combination of features, e.g. age, size, number of bedrooms and bathrooms.
What does this mean going into 2026?
Rising inventory and softer prices are creating more favourable conditions for buyers, while sellers may need to price competitively and focus on presentation to attract attention. Overall, current trends suggest easing market pressure compared to earlier periods, pointing to a more balanced start to the new year.
Data provided by the Calgary Real Estate Board. For more information, visit their website.
