Attention: Inventory Returns to Pre‑Pandemic Levels

This July I’m seeing something noteworthy: inventory in Calgary climbed to 6,917 active listings, levels not seen since before the pandemic and well above long-term averages . The surge is especially pronounced in newer communities, highlighting expanded resale and new-home supply across the city .

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Interest: How Rising Supply Is Impacting Prices

The increased choice in the market is creating a shift—with apartment and row-style homes feeling the most pressure. Their benchmark prices are down roughly 4–5% year-over-year, particularly in the North East and North districts . Overall, Calgary’s benchmark price sits about 4% below its June 2024 peak .

That said, detached and semi-detached homes remain more balanced. Detached supply sits at about three months, and benchmark pricing has only dipped less than 1% year-over-year (roughly $761,800 price point) . Semi‑detached homes are still up about 1% over last year, with benchmark pricing around $697,500  .

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Desire: What This Means for Buyers & Sellers

Buyers now have more leverage and choice, especially in apartment and row sectors where supply exceeds four months. This creates a more relaxed environment for viewing options and negotiating.

Sellers of detached or semi‑detached homes should still see stable demand. Yet, pricing strategy and property preparation matter more than ever to stay competitive as supply grows.

If you own a home in a newer community or apartment complex, or you’re looking to sell in a less saturated area, timing and positioning will be key to getting the best possible outcome.

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Action: Let’s Talk About Your Local Market

Interested in how these changes affect your neighbourhood or property type? I’d be happy to provide a custom market snapshot tailored to your goals. Whether you’re buying, selling, or just curious, reach out—let’s connect and make sense of Calgary’s evolving landscape.

📞 Contact me anytime for a chat or personalized insights.