A Seller’s Market Persists

Published by Ron Alfred De Guzman | MaxWell Realty Blogs | August 18, 2025

The market continues to favor sellers, with months of supply ranging from 1.3 to 3.7 months—well below the balanced market threshold of 5-7 months. Inventory levels are tight, with significant year-over-year declines in cities like Grande Prairie (-25.8%) and Lethbridge (-18.0%), while notable increases were seen in Calgary overall (+66.1% to 6,917 units), Greater Edmonton Area (+21.4% to 7,061 units), and Camrose (+27.7% to 96 units), signaling strong demand and limited available homes alongside regional variations in supply growth.

Mixed Sales Activity

Sales volumes tell a varied story. Some regions, such as Fredericton (+32.0% to 297 sold), Red Deer (+20.3% to 213 sold), and Leduc (+4.6% to 91 sold), saw notable increases, reflecting robust buyer interest. However, larger markets like Calgary experienced declines (down 5.7–22.9% across property types, and overall down -11.6% to 2,099 sold), and Edmonton saw a slight dip (0.8–6.6%, and overall in Greater Edmonton Area down -2.6% to 2,860 sold), suggesting a potential cooling in activity, with Camrose also showing a decrease (-21.2% to 26 sold).

Rising Prices Amid Resilience

Despite softer sales in some areas, prices are on an upward trajectory. Average sold prices rose between 2.4% and 9.8% year-over-year, with Calgary’s detached homes reaching $799,551 and Lloydminster averaging $330,496, alongside Calgary overall at $616,686, Greater Edmonton Area at $463,078, and Camrose at $382,523. Median prices followed suit, increasing by 1.7% to 15.6%, with Calgary’s median for detached homes at $705,000, Calgary overall median at $567,500, Greater Edmonton Area median at $437,500, and Camrose median at $384,850. This indicates sustained value growth even as market dynamics shift.

Homes are selling relatively fast, with days on market averaging 24 to 56 days. The sales-to-new listings ratio, ranging from 50% to 90%, underscores high demand relative to new listings, particularly in Fredericton (91.0%), Leduc (67.4%), alongside Calgary overall, Greater Edmonton Area, and Camrose.

What It Means for You

The Canadian real estate market in July 2025 shows resilience with rising prices and low supply, though sales activity varies by region. Whether you’re buying or selling, timing and location are key. Stay tuned for more insights as the market evolves!

Data sourced from Canadian Real Estate Association (CREA) and compiled by Kirill Alemaskin. Information deemed reliable but not guaranteed. Not intended to solicit buyers or sellers under contract. ©2025 Kirill Alemaskin. All rights reserved.