Calgary Real Estate Market Update - July 2025: Are We Entering a Buyer's Market?

 

As Stampede winds down and we settle into mid-July, it’s time to take a close look at what’s happening in Calgary’s real estate market. June's numbers are in, and the trends we're seeing may have a significant impact for both buyers and sellers.

A Shifting Market: What the Numbers Tell Us

We’re seeing clear signs of a market transition. June 2025 brought a 16.5% decline in home sales compared to last year, with just 2,286 properties sold. Meanwhile, inventory has jumped an astonishing 83% year-over-year to 6,941 listings. This growing gap between supply and demand signals the emergence of a buyer’s market.

But that doesn't mean it's time to panic—there are opportunities on both sides of the market if you know where to look and how to act.

Quadrant-by-Quadrant Breakdown

  • North: Median price down 5.8% to $548,400

  • Northeast: Down 6.3%, the steepest drop, now at $496,400

  • Northwest: Down 3.2% to $643,000

  • City Centre: Down 3.5% to $592,700

  • West: The most resilient, down just 2.6% to $720,100

  • South & Southeast: Down 1.7% and 3.4% respectively

Detached, Semi-Detached, Row & Condo Markets

  • Detached Homes: Only 38% of listed properties sold in June, with a benchmark price of $764,000.

  • Semi-Detached: Also 38% sold, benchmark at $696,400.

  • Row Homes: Just 30% sold. Prices are dropping.

  • Condos: Only 25% sold. This segment has officially entered buyer's market territory.

What This Means for Sellers

In a market where only 25–38% of listings are selling, standing out is crucial. That’s where our Cash Offer Program and Revitalize Program come in:

  • Cash Offer Program: Skip showings and repairs. Get a fair cash offer within 60 days and close on your terms.

  • Revitalize Program: Update your home with new paint and flooring at no upfront cost. The investment can yield significantly higher returns on your sale price.

These options are designed to help your home become part of the percentage that does sell.

Insights for Buyers

With inventory rising and sellers becoming more motivated, savvy buyers have more leverage than they've had in years. We’re seeing opportunities like:

  • Estate sales

  • Seller relocations

  • Pre-construction owners now facing possession deadlines

You won’t find better timing to negotiate strong deals—but that window may not last forever.

July So Far: A Surprising Uptick

Despite Stampede season typically being slower, July is already looking stronger than June. Sales volume is up compared to last July, showing that market conditions can shift quickly and unexpectedly.

Final Thoughts from Rob Vanovermeire

This isn't the time for panic. It's the time for strategy. I've seen markets like this before, and the clients who succeed are the ones who move with a plan. Whether you're buying or selling, let's talk about the best approach for your goals.

Ready to act? Reach out to Rob today:
📧 [email protected]
📞 (587) 847-0449
🌐 viewcalgaryareahomes.ca | robvanoteam.ca | rvredmonton.ca

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