What’s Happening City-Wide

• Around 2,200 homes changed hands in June, a modest uptick from May but roughly 4% fewer sales than the same time last year.
• Total inventory is just under 6,800 listings, about 2% lower than last June, giving the city roughly 3.1 months of supply, the textbook definition of a balanced market.
• The benchmark price for a typical Calgary home is sitting near the mid-$570,000s, down about 2% year-over-year but edging up slightly month-over-month.

For buyers, that means more choice and a bit more negotiating power than in the last few ultra-tight years, especially outside the detached segment. For sellers, accurate pricing and strong presentation matter more now that buyers have options.

Detached And Semi-Detached: Still The Tightest

• Detached homes remain the strongest part of the market, with just 2.5 months of supply and over 1,200 sales in June.
• The detached benchmark is around $750,500, slightly below last year but inching higher month-to-month, and average detached sale prices are in the mid-$800,000s.
• Semi-detached homes are in a similar spot, with about 2.5 months of supply, stable prices around the mid-$690,000s for the benchmark, and average sale prices above $700,000.

In practical terms, well-priced detached and semi-detached homes in popular districts are still drawing solid interest and can sell quickly, while more price-sensitive pockets, especially parts of the North East and East, are seeing softer demand and deeper discounts.

Townhomes And Condos: Choice Is Up, Prices Are Adjusting

Row and townhomes sit closer to 3.5 months of supply, with prices down year-over-year across every district. Benchmark values are in the low-$400,000s, with average sale prices in the low-to-mid $430,000s.

Apartment condos are firmly in buyer’s market territory, with nearly five months of supply, elevated inventory, and prices down close to 9% year-over-year to roughly $299,000 on the benchmark and $340,000 on the average sale price.

This surge in higher-density supply is reshaping the condo market: investors and first-time buyers now have more leverage, while sellers need to be strategic on price and timing to stand out.

What This Means If You’re Buying Or Selling With Rob & Kim

• Sellers of detached and semi-detached homes can still capitalize on solid demand, but granular pricing by community and price band is critical as some districts are hitting record highs while others are correcting.
• Townhome and condo sellers are competing with a larger pool of listings, so compelling pricing, professional marketing, and data-driven positioning are essential.
• Buyers, particularly in the apartment and row segments, have more room to negotiate, compare options, and move up a property type without the bidding-war pressure seen in recent years.

July Is About Strategy, Not Panic.

Detached and semi-detached owners are still in a favourable spot, while condo and townhome buyers may find some of the best selection and relative value Calgary has offered in years.