After several years of tight supply and fast-paced sales, Calgary's market is finally shifting.
A surge of new listings flooded the market in September, and for the first time since 2020, Calgary is seeing true buyer’s market conditions emerge.
New listings outpaces sales by a wide margin in September, 3,782 versus 1,720, driving total inventory up to 6,916 homes. This shift marks an important turning point: supply is finally catching up to demand.
We’re Officially Entering a Buyer’s Market
After months of tight supply, the balance has finally tipped.
The Numbers Behind the Shift
- Sales-to-new listings ratio: Down to 45%, signaling softer demand
- Months of supply: Climbed to 4 months, the highest since early 2020
- Apartments: Benchmark down 6% year-over-year to $322,900
- Detached homes: More resilient at $749,900, only 1% below last year
Most price adjustments were concentrated in the Northeast and North districts, while other areas remain stable.
Key Takeaway: The balance has shifted & Buyers are now in control.
- Inventory is growing faster than demand across all property types.
- Prices remain steady overall, but softening is emerging in condos and select districts.
- Fall could bring more opportunities for buyers before interest picks up again in early 2026.
What This Means for You
🏠 If You’re Planning to Sell
With more competition, strategy matters.
Now’s the time to refresh your marketing approach and lean into local expertise to stay ahead of the shift.
💼 If You’re Planning to Buy
This fall brings a welcome change: more listings, more negotiating power, and less competition. You finally have room to explore and make confident decisions, especially in the condo and entry-level detached markets.
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The Sold Playbook
Thinking of selling?
This simple, step-by-step guide walks you through everything you need to do to get your home market-ready!
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The Home Buyer Roadmap
From getting pre-approved to receiving the keys, the home buying journey has many important steps.
Our Home Buyer Road Map gives you a clear overview to stay informed and prepared throughout the process.
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Whether you’re planning of buying your first home, upgrading to a space that better suits your needs, or simply staying informed about the market, I’m here to be a resource to you.
Contact me anytime for expert insight and a personalized strategy that fits your goals.
I look forward to helping you discover the amazing opportunities Calgary’s real estate has to offer!
