Two spots around Calgary are seeing surges in housing inventory

Two spots in the Calgary area experienced record-setting months in September, marked by a surge in new listings, leading to high housing inventory.

The Calgary Real Estate Board (CREB) released its September 2025 housing report, and while sales remained relatively steady in the Calgary region, Airdrie and Cochrane saw an increase in new listings, pushing inventory levels higher and easing some of the pressure on home prices, giving buyers more options in the market. 

Airdrie set a September record high of new listings, reaching 295 units, pushing the total inventory level to 571, a 63.6 per cent increase compared to this time last year. The city only saw 133 sales in September, which caused the sales-to-new-listings ratio to fall to 45 per cent.

City of Airdrie/Facebook

Benchmark prices fell 4.5 per cent compared to this time last year, down to $526,000. On a year-to-date basis, prices remained stable, only dropping one per cent, suggesting that the market is adjusting gradually rather than seeing sharp declines. 

Cochrane also experienced a record-setting September, with 148 new listings. This raised the town’s total inventory level to 319, an 83.3 per cent increase from last year. The town recorded 62 sales in September, a 6.9 per cent increase from this time last year. Cochrane’s sales-to-new-listing ratio dropped to 42 per cent.

MonikaVita/Shutterstock

Cochrane’s benchmark prices saw a one percent increase on a year-over-year basis, now sitting at $584,300.

Other markets in the region did not see the same surge in listings. Okotoks only recorded 69 new listings in September, bringing inventory levels to 115. The town saw 51 sales in September, elevating the sales-to-new-listings ratio to 74 per cent. 

Benchmark prices in Okotoks declined by 2.6 percent on a year-over-year basis, falling to $613,900.

If you’re wondering how the housing market is shaping up in Calgary, we dove into detached home prices around the city.