Balanced Conditions as We Head Into Winter
November followed typical seasonal patterns across Calgary and area, with sales, new listings, and inventory levels all slowing from October. The month saw 1,553 sales and 2,251 new listings, improving the sales-to-new-listings ratio to 69% and helping moderate some inventory growth.
Even with the slowdown, inventory sits at 5,581 units — still 28% higher than last year and above long-term seasonal norms, largely driven by rising supply in the row and apartment sectors.
Airdrie: Seasonal slowdown continued, with both sales and new listings easing. Inventory remains elevated due to increased new-build product entering resale.
▪️ Detached benchmark prices are down ~1% YTD — softening, but still well above pre-2021 levels.
Cochrane: New listings hit a record high for November, driven partly by more new homes entering resale.
▪️ Sales stayed strong, but not enough to pull inventory down.
▪️ Detached prices remain ~2% higher YTD than last year.
Okotoks:One of the few markets where sales increased from last month.
▪️ Still a tight market with inventory well below long-term trends.
▪️ Prices remain higher YTD across all property types despite recent small adjustments.
What This Means for You?
Buyers
▪️ Higher inventory = more choice
▪️ Balanced conditions in detached & semi-detached
▪️ Strong negotiating leverage in condos and row homes
Sellers
▪️ Pricing and presentation are crucial
▪️ Detached and semi-detached homes priced correctly are still moving
▪️ More competition in row and condo listings — staging + strategy matter
Considering a move this winter or early 2026? I can help you navigate your local market with clarity and confidence.
Rene Simpson | Realtor® / Real Estate Associate
Legacy Real Estate Services
renesimpson.realtor@gmail.com | renesimpsonrealty.ca | 403-901-5526
Airdrie, Calgary & Area Realtor®
Market data provided by CREB®. Info deemed reliable but not guaranteed.
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