Airdrie Market Update | August 2025
- Brad Walker
- Aug 29
- 5 min read
MARKET STATISTICS OVERVIEW
In July, Airdrie recorded 160 sales. That’s down 14% compared to last year, and also a bit lower than what we saw in June. We also saw 306 new listings hit the market, which is 6% higher than last July. Inventory has been building this summer, and by the end of the month we had 543 active listings in Airdrie. That’s an 82% increase in available homes compared to this time last year.
So as we get closer to the end of Summer, we’re sitting with a lot of homes for sale here in the city. The most we’ve actually seen since the summer of 2019. Now knowing the sales & inventory numbers, we can figure out our months of supply. And right now, we’re sitting at 3.39 months of supply. That’s a big jump from where we were a year ago when we were at 1.6 months of supply. So we have Slightly more than double the supply of last summer..
What this means is buyers have a bit more selection, and homes are taking slightly longer to sell, which we can see with the average days on market being 46 days at the moment.
Now as for prices, The overall benchmark price in Airdrie is currently $532,800. Which gives us a 1.02 percent drop in overall prices in the last month.
So, the story right now is: sales are slowing, listings are up, and inventory is building. We’re not in a buyer’s market yet from an overall standpoint, which would be over 4 months of supply, but conditions are definitely more balanced than they were from 2021 to 2024, when inventory was very tight.
Alright well now that we’ve gone over the overall numbers, lets take a look at the different styles of homes here in the city. Starting first with the detached homes — the largest segment of the Airdrie market. In July, there were 95 detached sales, which jumped a bit over the 82 sales we saw in June. We also saw 185 new listings, which is 20% higher than last year. And that left us with an Inventory for detached homes of 324 houses for sale by the end of July. And that gives us a month's of supply of 3.41 months, which is fairly close to the city average.
This puts detached homes in a balanced market right now. But keep in mind, the price range you’re in can really affect how the market will be for you. The benchmark price for detached homes this month is $635,600. That's a 1.3% drop in just the last month. To put that into context, a home that's right around that benchmark price in value, would be worth about $10,000 less right now, than it was last month. So, the days of throwing a home on the market and getting 10 offers overnight are well gone, but well-priced homes can still sell reasonably quickly.
So right now as a seller, it only makes sense to put your home on the market if you really have a need to sell. And when you do, you need to be realistic with your price. When we see the market going down like this, you have to keep in mind that the sold comparables that we use to price your home, were houses that maybe sold 2, 4, 6 weeks ago. And we need to adjust your market value to reflect the current market. So pricing to the comparable from 2 months ago will put you hitting the market overpriced compared to all the other listings available to buyers right now.
Alright Now let’s look at semi-detached homes, or duplexes. In July, we had 20 sales, We saw 32 new listings. And that gave us an inventory of 52 semi detached homes for sale in Airdrie right now. That gives us a month's of supply of 2.6 months, which is better than the detached homes, but given the smaller data size, it means a little less. And that does still put this segment of the market in balanced market territory.
The benchmark price for semis is $500,300, which is down 1.4% in the last month. Which shows us that the duplexes are moving down similar to the detached homes this summer.
And next up lets take a look at our row homes or townhomes here in Airdrie. In July, we had 34 sales, which was a pretty big drop from the 47 we had in June. And we also saw 71 new listings. That gave us an inventory of 132 townhomes for sale here in Airdrie to start August with. Which puts the months of supply here at 3.88 months, which is getting very close to moving into a buyers market in this segment.
Now what's interesting is that the benchmark price stayed basically the same for townhomes here this month. But the reason for that, is up until this point the townhouses have been hanging around a month's of supply of about 2 to 2.5 months, and this month it jumped up to 3.88.Our benchmark price is a bit of a delayed stat, so we’ll likely start to see the price start to drop in the data next month for these townhomes.
And lastly, let’s talk about apartments. In July, there were 11 sales, which is down 54% from last year. Half the amount of sales as just 1 year ago. We also saw 18 new listings, which left us with 35 active listings to start August with. And this gives us a month's of supply of 3.18 months at the moment. Now here we actually saw the benchmark price go up again this month, up 0.75%. But keeping in mind that that benchmark price is delayed a bit. 2 months ago condos were still sitting in a sellers market. Now that's quickly reversed, so I’d expect similar to the townhomes, condos will probably start to see that benchmark price moving down starting next month.
So ultimately, our market here in Airdrie has slowed quite a bit. If you are planning to sell right now, you need to make sure you’re setting your home up to show the absolute best it can, because you’re going to be competing with a lot of other listings in the city, and you need yours to stand out to buyers. And of course, you need to be priced accurately in order to get the sale over those other listings. Keeping in mind that your neighbours house that sold 3 months ago for this price, doesn't mean your home, that's the exact same, will be able to achieve the same price.
For you buyers, we’re looking at a pretty good opportunity right now, one that we haven’t seen in about 6 years. And that's the opportunity to go out, view many good homes, and be able to pick your favourite. You don’t need to be as worried about multiple offers and things like that, but keep in mind that if a house comes up that shows well and is priced better than the rest, it still will sell quickly.
There’s been a lot of uncertainty in our market, and many markets across the country lately, and there's a good chance that’s going to continue for the time being, but for now, if you have any questions about the market don’t hesitate to reach out and ask, even if you’re not planning to buy or sell.
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- Brad Walker
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