Calgary Real Estate Market Update: The Last 7 Days
The Calgary real estate market continues to show activity across all segments, even as we progress through the winter season. Whether you’re buying, selling, or simply tracking market trends for investment, the last seven days reveal important shifts in supply, pricing, and buyer demand.

Below is a breakdown of key activity across the city:
📌 New Listings: 479

With 479 new listings, sellers are still entering the market at a healthy pace. This is typical for early December, as homeowners aim to capture motivated year-end buyers or prepare for the early-January surge.

More inventory gives buyers additional choices — especially helpful in previously tight segments such as townhomes and detached homes under $600K.

📌 Back on Market: 62

A total of 62 properties came back on market, often due to financing issues, conditional fallout, or buyers backing out. This number is worth watching, as it can signal hesitancy in certain price brackets or over-aggressive initial offers.

📉 Price Decreases: 438

A significant 438 price reductions happened this week — a strong indicator that sellers are adjusting expectations. With the market stabilizing, overpricing is getting corrected. For buyers, this means better value and more room to negotiate.

📈 Price Increases: 24

Meanwhile, 24 listings increased their prices, usually when properties receive higher demand than expected, or when sellers revise after renovations or upgrades. While a small number, it shows pockets of strong competition still exist.

📑 Pending Sales: 314

There were 314 pending deals, demonstrating that buyers remain active. Even with interest rates influencing affordability, well-priced homes continue to attract offers quickly.
🏡 Sold: 422

A robust 422 homes sold in the last 7 days — a strong performance for December. This reinforces Calgary’s reputation as one of Canada’s most resilient real estate markets.
Detached homes, townhomes, and condos all recorded steady sales, as buyers lock in purchases before year-end market shifts.

⌛ Expired Listings: 144

With 144 expired listings, this reflects the natural cycle at the end of seasonal listing periods. Many of these will relist in January when activity traditionally picks up.
📤 Withdrawn: 3

Only 3 listings were withdrawn, indicating overall seller confidence.

❌ Terminated Listings: 290

A total of 290 terminated listings is notable. Often, sellers switch agents, adjust pricing strategies, or relist with improved presentation. Expect many of these to re-enter the market soon.

🔎 What This Means for Buyers and Sellers
For Buyers

This is a great time to shop, with rising inventory and many price reductions.

Less competition means stronger negotiating power.

Properties under $700K remain the most active segment — move quickly on good listings.

For Sellers

Pricing must be accurate to attract serious buyers.

Homes in good condition still sell quickly.

Presentation, timing, and strategic marketing give you an edge in this shifting market.

📣 Final Thoughts

Calgary continues to remain one of Canada’s most balanced and opportunity-rich real estate markets. Whether you’re looking to buy or sell, the last 7-day data shows a stable market with strong underlying demand.

If you’d like a custom report on your community or property type, feel free to reach out.

📞 Jerry Moras, Calgary REALTOR®
Alberta Homes Team | eXp Realty
403-561-3456
🌐 jerrymoras.com

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