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Friday November 28, 2025
Overall Calgary Market
As of Nov 28, 2025, Calgary’s housing market is still moving at a healthy clip with 5,364 active listings across all major property types and 1,628 sales in the past 30 days. Total months of supply sits at a balanced 3.3 months, which tells us this market remains firmly in “fair game” territory for both buyers and sellers. The $400,000–$700,000 range is the clear engine of the market, carrying the highest concentration of both listings and sales. This isn’t a overheated frenzy, but it’s far from quiet — it’s a market that rewards decisiveness and good strategy.
Detached Homes remain the powerhouse of Calgary real estate with 2,314 active listings and 873 sales in the last 30 days, translating into a very strong 38% sell-through rate. The hottest price bands are $500,000 to $700,000, where sales volume is deep and competition is still meaningful. Even at higher price points, activity remains steady, which tells us move-up buyers and luxury buyers are still in the game. With months of supply sitting at just 2.7, detached homes continue to favor sellers — well-priced homes are not lingering, especially in family-oriented communities.
Condos continue to be the “thinker’s market” with 1,670 active listings and 314 sales in the last 30 days, producing a 19% market-wide sell-through rate and 5.3 months of supply. Most of the action is concentrated below $400,000, where absorption remains respectable and value-focused buyers are active. Above that price point, momentum drops sharply and patience becomes the dominant skill for sellers. This is still a selective market, but for buyers who do their homework, condos currently offer some of the best leverage, negotiating power, and long-term rental math in Calgary.
Townhomes continue to quietly shine with 855 active listings and 264 sales in the past 30 days, creating a solid 31% sell-through rate and a scarcity-leaning 3.2 months of supply. The $300,000–$600,000 range is the sweet spot, attracting both first-time buyers and investors who want low maintenance without condo fees. Sales efficiency drops sharply above $700,000, but mid-range townhomes remain one of the most balanced segments in the city — neither overheated nor sluggish — just steady and dependable.
What This Time of Year Means for Buyers, Sellers, and Investors
Late-fall and early winter in Calgary always bring a natural seasonal slowdown, but this market is entering winter with more strength than most people expect. Buyers benefit from less competition and more room to negotiate, especially in condos and higher-priced homes. Sellers who price correctly can still move property efficiently, particularly in the detached and entry-to-mid townhome ranges. Investors should be paying close attention right now — seasonal softness combined with steady demand often produces the best long-term acquisition opportunities when most people are distracted by the holidays. In real estate, winter quietly rewards the prepared.
