Calgary’s real estate market today (August 17, 2026) continues to show a cooler, more balanced environment, with rising inventory, slower absorption, and softer pricing in several segments.

Citywide Snapshot (Mid‑August 2026)

• Median price: $399,800 (↑ 5.1% MoM)

• Total sales: 531 (↓ 14.4% MoM)

• Average days on market: 35 (↑ 75% MoM)

• Sale‑to‑list ratio: 98% (slightly softer)

These numbers reflect a market that is active but no longer running at the pace seen in 2024–2025.

Breakdown by Property Type

• Detached Homes

  • Median price $577,500 (↑ 15.5% MoM)

  • Avg. DOM 12 (↓ 40% MoM — still the fastest‑moving segment)

  • Remains the most resilient category.

• Townhomes / Row Homes

  • Median price $391,000 (↓ 0.4% MoM)

  • Avg. DOM 48 (↑ 152% MoM — major slowdown)

• Condos / Apartments

  • Median price $292,350 (↑ 1.9% MoM)

  • Avg. DOM 50 (↑ 127% MoM — oversupply continues)

  • CREB notes persistent oversupply pushing prices down year‑over‑year.

What This Means for Calgary Today

• Buyers: More negotiating power, especially in condos and townhomes. Many listings are selling below list price, with a median discount of ~$10,000.

• Sellers: Pricing strategy matters. DOM is rising across most categories, and buyers have more choice.

• Investors: Rental demand remains supported by interprovincial migration, but condo resale pricing is soft.

• Overall: A balanced to slightly buyer‑leaning market with strong variation by segment.

Proud to be #6 on the RE/MAX Mountain View Top 10 this month. Congratulations to my colleagues on their achievements — it’s a privilege to work alongside such dedicated professionals.

And to my clients, referral partners, friends, and supporters: thank you. Your trust means everything, and I’m grateful for every opportunity.

If you’re thinking of selling or buying, it would be a privilege to be part of your journey. I’m here to guide you through every step with clear communication, honest advice, and a true partnership approach. Call me anytime — let’s work together to make your next move a confident and successful one.

Calgary’s real estate market today (August 10, 2026) is showing a cooler, slower pace with rising inventory, softer prices in several segments, and more balanced—sometimes buyer‑leaning—conditions.

Citywide Snapshot (Early August 2026)

• Median price: $508,250 (↑ 20.2% MoM)

• Total sales: 106 (↓ 87.1% MoM — seasonal slowdown + rising inventory)

• Average days on market: 48 (↑ 182% MoM — homes taking longer to sell)

• Sale‑to‑list ratio: 97.8% (slightly softer pricing power)

These numbers reflect a market that is still active but no longer running at the breakneck pace of 2024–2025.

Breakdown by Property Type

• Detached:

  • Median price $574,500 (↑ 4.9% MoM)

  • Avg. DOM 43 (↑ sharply)

  • Still the most resilient segment, but slower absorption.

• Townhomes:

  • Median price $410,000 (↑ 4.4% MoM)

  • Avg. DOM 80 (↑ 321% MoM — major slowdown)

• Condos/Apartments:

  • Median price $323,500 (↑ 12.8% MoM)

  • Avg. DOM 46

  • Oversupply remains a theme; buyers have leverage.

What This Means for Calgary Today

• Buyers: More choice, more negotiating power, especially in condos and row homes.

• Sellers: Pricing strategy matters; DOM is rising across all categories.

• Investors: Rental demand still supported by positive interprovincial migration.

• Overall: A cooling but still healthy market—far from the downturn years of 2015–2019.

Thinking about making a move? Reach out anytime and we can discuss how the real estate market factors into your next steps.

Preparing for Fall Listings — What to Do Now Even though August still feels like peak summer, it’s actually the perfect moment for homeowners who are considering a fall sale to get ahead of the game. The fall market in Calgary is traditionally active, with buyers returning from summer vacations and looking to settle before winter.

A little preparation now can make a big difference in how confidently and smoothly a home enters that busy season.

Why Summer Prep Matters: Summer gives homeowners a unique advantage: long daylight hours, warm weather, and the flexibility to tackle projects without the pressure of an imminent listing date. Small improvements—like touch‑up painting, decluttering, exterior clean‑ups, and minor repairs—are far easier to complete now than in September, when schedules tighten and the market picks up speed.

Decluttering: The Most Impactful Step One of the most effective ways to prepare for a fall listing is to start decluttering early. Removing excess items helps rooms feel larger, brighter, and more inviting. It also makes future staging easier and ensures that professional photography captures the home at its best. Sellers who begin this process in July avoid the stress of last‑minute cleanouts and can approach the fall market with confidence.

Tackle Light Maintenance: While the Weather Cooperates Summer is ideal for addressing small maintenance tasks that boost a home’s appeal. Cleaning gutters, refreshing exterior paint, power‑washing walkways, trimming shrubs, and repairing loose fixtures all contribute to a strong first impression. These are simple jobs that become much more challenging once cooler weather arrives.

Plan Ahead for Staging and PhotographyL By preparing early, sellers have time to consider staging options, review décor choices, and plan for professional photography. Homes photographed in late summer often benefit from beautiful natural light and lush greenery—assets that can make listing photos stand out when buyers begin their fall search.

A Smoother, More Strategic Fall Launch Ultimately, preparing in July means entering the fall market with clarity and momentum. Instead of scrambling to get a home ready, sellers can focus on strategy, pricing, and timing—ensuring their property shines during one of the strongest buyer seasons of the year.

Calgary’s real estate market is moderating, featuring an overall benchmark price of $572,500. Detached homes remain in strong seller's territory (averaging ~ $843,600), while the apartment/condo market has shifted to a balanced environment with more choices and softer pricing, averaging $340,160. [1]

Current Market Breakdown

• Detached Homes: Average sold price is around $843,658 (up ~ 2.9% year-over-year) with tight inventory.

• Semi-Detached: Average price sits at $711,779.

• Townhouses: Average sold price is $433,172.

• Apartments: Average price is approximately $340,160, and higher supply is giving buyers more negotiating power. 

• Days on market:  19-50 depending on segment

What This Means for Calgary Today

• Prices are holding, but momentum is cooling—especially in condos and attached homes.

• Inventory fluctuates up and down slightly but still gives buyers more negotiating power than earlier in 2026.

• Sales activity is uneven: strong month‑over‑month numbers but softer year‑over‑year trends.

• Detached homes remain the most resilient, supported by limited new supply.

Awards matter. Recognition matters. Industry expertise matters. And so do the connections that make every move smoother — trusted handymen, cleaners, mortgage brokers, lawyers, home inspectors, and more. When you work with me, you get experience backed by a full network of professionals ready to support your journey.

For this level of service, give Gerard a call at 403-703-5548.

In real estate, experience isn’t just a word — it shows up in awards, recognition, and proven industry expertise. It also means having trusted connections ready when you need them: handymen, cleaners, mortgage brokers, lawyers, home inspectors, and more. When you work with me, you’re backed by a network built to make your move smoother, faster, and stress‑free.

If you want a smoother, supported real estate experience, reach out to Gerard today.

Congratulations to all my colleagues on their achievements — it’s an honour to work alongside such dedicated professionals. And a heartfelt thank you to my clients, referral partners, friends, and supporters. Your trust means everything, and I’m truly grateful for every opportunity.

Is this a good time to sell a house in Calgary?

Yes, it remains a strong time to sell in Calgary, but your success depends heavily on what you own and how it is priced. The city’s market dynamics vary greatly by property type, requiring a tailored strategy.

Current Calgary market conditions include:

• Detached and Semi-Detached Homes: Calgary’s real estate market has shifted into balanced territory overall, sitting at just over 3 months of housing supply.  Well-priced homes routinely sell quickly, with many still fetching multiple offers.

• Townhouses: Conditions are generally balanced, meaning buyers have more options and less pressure to overpay.

• Condos and Apartments: The apartment market has shifted to balanced conditions. Buyers have more negotiating power, and prices have softened somewhat due to higher inventory.

Give me a call and we can discuss how the real estate market impacts your current situation.

he Calgary real estate market has shifted into balanced territory overall, with roughly 3.1 months of inventory and a benchmark price of $572,500. Detached homes remain competitive and sit around $750,500, while apartments offer more balanced options for buyers, averaging around $299,000. 

Current Market Breakdown

• Detached Homes:

  • Benchmark Price: $750,500

  • Market Condition: Seller's market (2.5 months of supply)

• Semi-Detached Homes:

  • Benchmark Price: $694,600

  • Market Condition: Seller's market (2.5 months of supply)

• Townhouses:

  • Benchmark Price: $424,100

  • Market Condition: Balanced market (3.4 months of supply)

• Apartments (Condos):

  • Benchmark Price: $299,000

  • Market Condition: Balanced to Buyer's market (4.9 months of supply)

Key Trends to Note

• Supply & Demand: Overall, there are around 6,800 active listings. Months of supply sit at 3.1, which is much more favorable to buyers than the heavily constrained markets of recent years.

• Neighborhood Variations: While the city average is stable, high-demand areas like the West and City Centre continue to see higher prices and tighter conditions compared to the Northeast and East. 

• Financing: Calgary's 5-year variable mortgage rates are trending around 3.25%.