Monthly Real Estate Market Update - September 2025 | High River, Okotoks, Calgary

High River’s real estate market saw a bit of a shift this September, with a few interesting trends emerging when compared to nearby Okotoks and Calgary.

High River Market Snapshot

In High River, the median home price came in at $425,000, down 19% year-over-year. Home sales also slowed, with 26 properties sold, marking another 19% decline compared to last September.

At the same time, new listings rose by 13%, giving buyers a bit more choice than we’ve seen in recent months. With more homes available and fewer selling, the sales-to-new-listings ratio dropped from 80% last year to 58% this year — a sign that the market is balancing out after a particularly active few years.

On average, homes in High River are taking about 28 days to sell, which is still relatively quick and shows steady buyer demand even as prices adjust.

How High River Compares

When we look at the surrounding markets, we see similar shifts playing out.

• Okotoks had a median price of $600,000, down 5% year-over-year, with 51 homes sold (a 4% decrease). Homes are spending a bit longer on the market, averaging 36 days, while the sales-to-new-listings ratio climbed from 58% to 74%, showing that demand is holding strong despite fewer listings.

• Calgary, meanwhile, saw a median price of $560,000 (down 1% YoY) and 1,720 sales (down 14% YoY). New listings increased slightly by 3%, while the sales-to-new-listings ratio dropped from 54% to 45%, suggesting a slower, more balanced pace citywide.

What It All Means

Overall, we’re seeing a calmer but still healthy market across Southern Alberta for both buyers and sellers. Prices are stabilizing, sales activity has eased, and buyers are regaining a bit more negotiating power. For sellers, properly pricing your home and presenting it well remain key. For buyers, there’s a bit more breathing room — especially in communities like High River, where inventory has ticked up.

Final Thoughts

Please remember that these market snapshots only represent a moment in time. Real estate is always influenced by longer-term trends, seasonality, interest rates, and local demand. Be sure to have your Realtor explain how these broader factors affect conditions in your specific neighbourhood.

If you’d like a more detailed look at your area or an updated home value assessment, our team would be happy to help.