Have you ever noticed how the Calgary real estate market feels a little bit like the weather—sometimes unpredictable, often dramatic, but always worth paying attention to? Just like you wouldn’t leave home without checking the forecast, buyers and sellers alike can’t afford to ignore the latest housing trends. By the time you finish this post, you’ll walk away with a crystal-clear picture of what’s happening in the Calgary housing market in July 2025—from home prices and inventory levels to what the rest of the summer and fall might hold.

The Pulse of the Calgary Housing Market in July 2025

Every month, I like to take a step back and ask: What’s really going on beneath the surface? Because let’s face it—real estate headlines can be dramatic. Some scream “skyrocketing prices,” others whisper “buyer’s market ahead.” The truth? It usually sits somewhere in the middle.

This July, Calgary’s real estate market is showing a fascinating blend of resilience, growth, and yes—some cooling in specific segments.

• Benchmark prices have edged upward compared to last month, but the rate of growth is slower than what we saw this spring.

• Inventory is still tight overall, though there’s a slight uptick in new listings giving buyers a bit of breathing room.

• Demand remains strong, especially in family-friendly communities and suburban neighborhoods.

So, what does this mean for you? Whether you’re buying, selling, or just keeping an eye on trends, let’s break it all down.

Calgary Home Prices in July 2025: Where Do We Stand?

When people ask me, “Jai, are prices going up or down?” my answer usually starts with “Well, it depends.” Because Calgary isn’t one big uniform market—it’s a collection of neighborhoods, each with its own rhythm.

Detached Homes: Still Leading the Pack

Detached homes continue to command the highest prices, especially in established areas like Signal Hill, Tuscany, and Evergreen. Benchmark prices for detached properties are hovering around the $715,000 mark, up about 4% year-over-year.

Semi-Detached and Townhomes: A Middle Ground

Semi-detached and townhomes are seeing moderate appreciation. With prices averaging around $570,000 for semi-detached and $420,000 for townhomes, these segments attract both first-time buyers upgrading and downsizers looking for something low-maintenance.

Condos: The Underdog Making a Comeback

Here’s where it gets interesting. Condominiums, once the underdog of the market, are finally gaining traction. Average prices sit near $310,000, with higher demand in downtown Calgary and Beltline. Why? Affordability and lifestyle appeal. Young professionals and investors are leading the charge.

Inventory Levels: More Choices, but Still Tight

Let’s talk about the big “i” word—inventory. If you’ve been following my updates, you’ll know inventory (or lack thereof) has been the biggest story in Calgary real estate since 2023.

Current Snapshot

• Active listings in July 2025: roughly 6,400 properties across the city.

• This is up about 8% from June, which is welcome news for buyers.

• However, inventory still sits 20% below the 10-year average.

What Does That Mean?

• Buyers: You’ll find a few more options on the market, but competition is still fierce in desirable areas.

• Sellers: Your home still has an edge, but pricing strategy is key—gone are the days of throwing a number at the wall and watching bidding wars erupt.

Demand Dynamics: Who’s Buying in Calgary This Summer?

Every market has its characters, and this summer, Calgary’s stage is packed with a diverse cast.

• Move-up buyers – Families who bought condos or townhomes a few years ago are now moving into detached homes.

• First-time buyers – Thanks to government incentives and relatively lower prices compared to Vancouver or Toronto, Calgary remains attractive.

• Investors – With population growth fueled by interprovincial migration, many see Calgary as a rental market goldmine.

• Immigrants – Calgary’s booming tech and energy industries are drawing talent from abroad, further fueling housing demand.

The Role of Mortgage Rates in July 2025

I can’t talk real estate without mentioning mortgage rates—the invisible hand shaping affordability.

• As of July 2025, average 5-year fixed mortgage rates sit around 4.85%, slightly down from earlier this year.

• The Bank of Canada has hinted at holding rates steady for now, which gives buyers a bit of confidence.

For buyers, this means monthly payments are a touch lighter compared to the spring. For sellers, it means more qualified buyers at your doorstep.

Calgary Neighborhoods to Watch in 2025

Now for the fun part—where are the hot spots this summer?

Northwest Calgary

Neighborhoods like Evanston and Carrington are buzzing. Young families love the mix of affordability, schools, and easy access to amenities.

Southeast Calgary

Communities like Mahogany and Auburn Bay are still crowd favorites thanks to their lake living lifestyle. Imagine BBQs by the water without leaving the city—that’s tough to beat.

Inner-City Gems

For those craving a vibrant lifestyle, the Beltline and Bridgeland continue to attract professionals who want coffee shops, bike paths, and nightlife at their doorstep.

Buyer Tips for July 2025

If you’re house-hunting in Calgary right now, here’s my advice:

• Get pre-approved before you fall in love with a property.

• Act fast on homes in high-demand neighborhoods—they don’t sit long.

• Don’t skip inspections—with older homes especially, what you don’t see can cost you later.

• Explore up-and-coming neighborhoods—sometimes the best value lies just outside the hot zones.

Seller Tips for July 2025

Selling in this market? Here’s how to stand out:

• Price strategically—overpricing can backfire in today’s market.

• Stage your home—a little effort in presentation goes a long way.

• Highlight energy efficiency—Calgarians are increasingly eco-conscious.

• Leverage digital marketing—from 3D tours to social media ads, the way buyers shop for homes has changed.

Outlook: What’s Next for Calgary Real Estate in 2025?

So, where are we heading as summer turns to fall?

• Prices: Expect steady but moderate growth—no wild swings.

• Inventory: Likely to inch upward as more sellers enter the market.

• Demand: Strong, especially with population growth projections for Alberta.

• Opportunities: Condos and entry-level homes may continue to shine as affordability challenges persist.

My personal take? If you’re waiting for a big price drop, you might be waiting a long time. Calgary’s fundamentals—population growth, strong job market, and relative affordability—keep this market on solid ground.

The Calgary real estate market in July 2025 is a blend of opportunity and challenge. Prices are holding firm, inventory is climbing slowly, and mortgage rates are giving buyers a slight boost. Whether you’re considering buying a home in Calgary, investing in a rental property, or selling your current home, the key lies in staying informed and working with someone who understands the nuances of this market.

As always, Jai Chaudhary Real Estate is here to help. Calgary isn’t just where I work—it’s where I live, raise my family, and see our community grow. If you’re ready to make your move, let’s talk.