Posted on
November 4, 2025
by
Dave Greenwood
As the leaves change colour and pumpkin spice lattes reappear, the Calgary real estate market shifts gears. Fall is a unique time for buying and selling homes, and understanding the current trends is crucial if you’re looking to make a move or stay informed about your investment. Let’s take a look at what’s happening this fall and what it means for both buyers and sellers in our city.
Key Market Trends
Recent data from the Calgary Real Estate Board (CREB) shows that sales activity in September and October has decreased by 8% compared to August. While this might seem like a slowdown, it’s important to remember that the market was exceptionally hot earlier this year. Overall, sales are still above the 5-year average for this time of year. The key takeaway is that the market is becoming more balanced.
Inventory, or the number of properties listed for sale, is slowly increasing. This means buyers have more options than earlier in the year, when competition was fierce. However, inventory is still below historical averages, so it’s not a buyer’s market just yet.
Average home prices in Calgary have continued to rise modestly, with the benchmark price for a detached home reaching $545,000 in October. However, the rate of price growth has slowed significantly compared to the spring months. We’re seeing a more sustainable pace of price appreciation.
Properties are now taking an average of 35 days to sell, compared to just 25 days in June. This means sellers need to be more strategic about pricing and marketing.
What This Means for Sellers
In a more balanced market, overpricing your home is a recipe for disaster. Work with your realtor to review recent sales in your area and price your home competitively. A market evaluation is essential!
With more inventory available, buyers are more discerning. Make sure your home is clean, decluttered, and well-staged. First impressions are critical!
What makes your property stand out from the competition? It could be a renovated kitchen, a large backyard, or a desirable location near schools or parks.
Be prepared to negotiate. It’s not always about the money; look at closing dates and other important factors.
What This Means for Buyers
While the market has cooled somewhat, it’s still competitive. Take your time to find the right property, but don’t hesitate to make an offer when you find something you love. The best homes still sell quickly.
Knowing your budget and having a pre-approved mortgage will give you a competitive edge.
Calgary has so many great neighbourhoods. You can expand your search area to find more affordable options.
Enlist expert help. Work with a realtor who knows the Calgary market inside and out. They can help you find properties that meet your needs and negotiate the best possible price.
Calgary Neighbourhood Spotlight: Legacy
This month, we’re shining a spotlight on Legacy, a vibrant and growing community in Southeast Calgary. Known for its diverse housing options, extensive green spaces, and family-friendly atmosphere, Legacy offers something for everyone. Recent sales data show a wide range of prices, from starter homes in the $300,000s to larger detached homes over $700,000, with an average days-on-market of around 45. Residents enjoy access to numerous parks, walking paths, shops, and services, making it a highly desirable location.
The Calgary real estate market is constantly evolving, and fall is a time of transition. Whether you’re buying or selling, it’s essential to stay informed and work with a trusted real estate professional who can guide you through the process.
Would you be ready to discuss your real estate goals? Contact me today for a free consultation!