Citywide Conditions (Updated Sept 21, 2026)

• Active listings: 6,637

• Average list price: $657,000

• Average days on market: 51 days (homes taking longer to sell)

• Months of inventory: 4.2 (balanced market)

Balanced means neither buyers nor sellers have a strong advantage—negotiation goes both ways.

What This Means Today

• Buyers: More negotiating power, especially in condos and townhomes. Inventory is climbing, and DOM is stretching.

• Sellers: Pricing strategy is crucial. Homes are still selling, but not at the pace of 2024–2025.

• Investors: Rental demand remains strong, but condo resale pricing is soft—opportunities exist for value buys.

• Overall: A balanced market trending toward buyer‑friendly, with detached homes holding value best.

𝙄𝙛 𝙮𝙤𝙪’𝙧𝙚 𝙩𝙝𝙞𝙣𝙠𝙞𝙣𝙜 𝙤𝙛 𝙨𝙚𝙡𝙡𝙞𝙣𝙜 𝙤𝙧 𝙗𝙪𝙮𝙞𝙣𝙜, 𝙜𝙞𝙫𝙚 𝙢𝙚 𝙖 𝙘𝙖𝙡𝙡 — 𝙄’𝙙 𝙗𝙚 𝙝𝙖𝙥𝙥𝙮 𝙩𝙤 𝙘𝙝𝙖𝙩 𝙖𝙗𝙤𝙪𝙩 𝙝𝙤𝙬 𝙩𝙤𝙙𝙖𝙮’𝙨 𝙢𝙖𝙧𝙠𝙚𝙩 𝙛𝙞𝙩𝙨 𝙞𝙣𝙩𝙤 𝙮𝙤𝙪𝙧 𝙥𝙡𝙖𝙣𝙨 𝙖𝙣𝙙 𝙝𝙚𝙡𝙥 𝙮𝙤𝙪 𝙢𝙖𝙠𝙚 𝙖 𝙘𝙤𝙣𝙛𝙞𝙙𝙚𝙣𝙩 𝙢𝙤𝙫𝙚.

As of March 30, 2026, Calgary’s real estate market is experiencing a shift toward a more balanced environment, characterized by rising inventory, slower demand, and a significant slowdown in price growth compared to previous years. While detach-home prices remain relatively firm, apartments and row homes are experiencing notable price softening due to increased supply.

Recent Trends:

• Inventory Boost: New listings have increased, reducing the supply shortage that defined 2024–2025.

• Demand Adjustment: The velocity of sales has slowed, with homes remaining on the market longer than in early 2025, providing buyers with increased negotiation power.

• Rental Market: Vacancy rates have risen to approximately 5.5%, leading to lower rental prices around $1,800, which has reduced the urgency for some to enter the market.

With rental vacancy rates on the rise, a new wave of buyers is stepping into the market: first-time homeowners. The federal government’s GST rebate, combined with a softening rental landscape, is driving this shift in buyer behavior.

Owning a home is more within reach than you might think. Reach out anytime—I'd love to chat about how we can make your homeownership goals come to life.