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

As we close out 2025, High River’s real estate market is clearly transitioning into a more balanced and seasonal phase. Looking at both month-over-month and year-over-year data from November and December helps explain how local conditions compare to nearby Okotoks and Calgary — and how broader economic forces are shaping buyer and seller behaviour.

High River: Steady Prices, Seasonal Slowdown

In November, High River’s median home price climbed to $544,000, up 4% year-over-year, before easing slightly in December to $525,000, still 1% higher than last year. This small pullback is typical heading into winter and does not signal a sharp correction.

Sales activity remained stable year-over-year, with 20 sales in November and 12 in December, while new listings slowed toward year-end. Inventory, however, remained significantly higher than last year, giving buyers more choice than they’ve had in recent winters. Homes are taking longer to sell compared to the ultra-tight markets of previous years, but days on market actually improved compared to late 2024 — showing that well-priced homes are still moving.

How High River Compares

• Okotoks experienced stronger price growth in December, with values up 12% year-over-year, but sales remained flat and days on market increased, indicating more supply and slower decision-making.

• Calgary continued to see declining sales and rising inventory, with prices mostly flat. Buyer demand remains present, but less urgent, particularly as affordability pressures persist.

Against this backdrop, High River stands out for its relative stability — avoiding the sharper slowdowns seen in larger urban markets while still benefiting from regional demand.

Broader Economic Context

Alberta continues to outperform much of Canada economically, driven by population growth, employment opportunities, and comparatively affordable housing. However, national factors such as higher interest rates, cost-of-living pressures, and tighter mortgage qualification rules are influencing buyer behavior everywhere — including Southern Alberta.

Politically and economically, uncertainty around rates and long-term inflation has made buyers more cautious. Socially, buyers are prioritizing livability, affordability, and smaller communities — which continues to support demand in towns like High River. The result is not a slowdown, but a recalibration toward a more predictable and sustainable market.

What This Means Going Into 2026

High River is entering the new year with:

• Stable prices

• More balanced inventory

• Less competition, but steady demand

• More thoughtful buyers and sellers

What This Means for Buyers & Sellers

For buyers, this means more choice and improved negotiating conditions. For sellers, success will depend more on pricing, presentation, and strategy than on sheer market momentum.

Final Thoughts

Keep in mind that monthly market updates capture only a moment in time. For the clearest picture of your neighbourhood or property’s value, it’s important to consider broader trends, seasonal patterns, and your personal real estate goals.

If you’d like an updated market evaluation or help understanding these numbers, our team is here to help.