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Sales and new listings slow in August

Calgary, Alberta, September 1, 2026 – Consistent with trends throughout most of 2026, both sales activity and the number of new listings coming onto the market have continued to trend down compared with 2025 levels. In August, sales in Calgary were 1,660 units, down 16 per cent compared with last year, while new listings fell by nearly 10 per cent to 3,141 units.

The pullback in sales has not occurred across all price ranges, as homes priced over $1,000,000 have recorded gains over last year. These gains have mostly been driven by detached and semi-detached homes and are also consistent with where most of the supply growth has occurred.

“While sales growth in the upper end of the market was possible thanks to improved supply choice, it also reflects longer-term confidence in our market, as some buyers are not shying away from taking advantage of the available supply,” said Ann-Marie Lurie, Chief Economist at the Calgary Real Estate Board (CREB®). “Meanwhile, we have not seen the same pickup in activity in the lower price ranges, as favourable rental conditions are slowing the transition to ownership.”

Inventory levels in August eased compared with the previous month and the same period last year, at 6,509 units. However, given the pullback in sales, the months of supply pushed up to nearly four months. Also consistent with trends throughout this year, conditions vary significantly by property type, with nearly six months of supply for apartment-style homes compared with over three months of supply for lower-density detached homes.

The relatively balanced conditions in the detached and semi-detached sector have prevented any significant shifts in prices compared with the steady price declines occurring in the oversupplied higher-density segments of the market. As of August, the total residential benchmark price was $569,800, similar to the previous month and one per cent lower than 2025 levels.  

TO READ THE FULL REPORT, GO TO:

https://www.creb.com/Housing_Statistics/documents/08_2026_Calgary_Monthly_Stats_Package.pdf

FOR QUESTIONS, CALL OR TEXT GERARD AT 403-703-5548

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Your Market Report for the past 7 days!

Calgary’s real estate market today (September 1, 2026) is showing a balanced environment with rising inventory, longer days on market, and stable—though segment‑dependent—pricing.

Citywide Snapshot (Live MLS® — Sept 1, 2026)

  • Active listings: Just over 6000 - (very high → more choice for buyers)

  • Average list price: $656,000

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

  • Homes sold (last 30 days): 1,601

  • Months of inventory: 4.1 MOIbalanced market (negotiation works both ways)

What This Means for Calgary Today

  • Buyers: More selection, more negotiating power, especially in condos and townhomes.

  • Sellers: Pricing strategy is critical; expect longer DOM unless well‑priced.

  • Investors: Rental demand remains strong, but resale pricing is flattening.

  • Overall: A balanced market trending toward buyer‑friendly in some segments.

If you'd like, let me know:

  • Are you looking to buy or sell?

  • What property type (detached, condo, townhouse) are you interested in?

  • Do you have a specific neighborhood in mind?

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Your Market Report for the past 7 days

Market Conditions by Property Type

  • Detached and Townhouses: These segments remain in a seller's market with lower inventory and tighter supply, keeping prices relatively resilient. 

  • Apartment Condos: The condo apartment sector has shifted into more balanced conditions, giving buyers increased negotiating power after some price softening. 

  • Days on Market: Homes average around 40 to 43 days on the market depending on the neighborhood and property category. 

Key Factors

  • Inventory: Active listings have stabilized slightly, providing modest relief compared to extreme lows from previous peak years.

  • Affordability: Elevated mortgage rates compared to historic lows continue to constrain overall buyer purchasing power. 

If you'd like, let me know:

  • Are you looking to buy or sell?

  • Which property type (detached, townhouse, condo) are you interested in?

  • Do you have a specific neighborhood in mind?

I can provide more tailored insights or current listings.

Give me a call at 403-703-5548

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Your Market Report for the past 7 days

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.

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Your Market Report for the past 7 days

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.

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Your Market Report for the past 7 days!

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.

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Your Market Report for the past 7 days

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.

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Your Market Report for the past 7 days

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%. 

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Your Market Report for the past 7 days.

The Calgary real estate market is transitioning into balanced territory. Sellers still hold the advantage for detached properties, but rising inventory and higher listings mean buyers have more selection and negotiating power. Benchmark and average home prices continue to fluctuate in the mid-to-high $500,000s depending on the property type.

Current Market Statistics

Data reflects a shift toward more balanced conditions and increased selection for buyers: 

  • Average Home Price: Tracking around $680,285, while median prices hover near $600,000 depending on recent activity.

  • Active Inventory: Total active listings have risen noticeably year-over-year, leading to a higher months of supply ratio which allows buyers to take more time evaluating homes. 

Price & Demand by Property Type

  • Detached Homes: These remain the strongest segment, with benchmark prices in the mid-to-high $700,000s. Sellers still retain a slight upper hand. 

  • Townhomes & Row Houses: Benchmark prices sit near $437,100. This segment has seen significant inventory increases, offering great opportunities for buyers. 

  • Apartments & Condos: The apartment sector is experiencing the most pronounced shift with increased supply and prices averaging around $322,000, giving purchasers strong negotiating leverage. 

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Your Market Report for the past 7 days.

Market By the Numbers

Current metrics across Calgary reflect a much more stable environment compared to the market peaks of 2023: 

  • Average Sold Price: ~$685,000

  • City-Wide Benchmark Price: ~$560,000 - $690,000 depending on property type and exact reporting metric

  • Active Inventory: Over 7,000 listings available across the city

Property Type Breakdown

Conditions vary significantly depending on the segment you are looking to buy or sell in: 

  • Detached Homes: Conditions remain the tightest here. While the benchmark price (averaging ~$734,000 to $749,000) has seen minor year-over-year softening, it remains highly resilient. 

  • Townhouses & Row Houses: This segment has largely shifted into balanced territory. Benchmark prices sit around $422,000 to $428,000, and units are staying on the market longer. 

  • Apartments & Condos: This sector is heavily buyer-friendly. Increased inventory and reduced sales volume have pushed benchmark prices down to roughly $300,000 to $305,000. 

Local Dynamics

  • First-Time Buyers: There is a notable influx of new, first-time homebuyers entering the market, aided by increased rental supply and government incentives.

  • New Construction: High levels of new home construction continue to add housing stock, relieving the drastic supply shortages seen in previous years

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Your Market Report for the past 7 days.

The Calgary real estate market currently sits in balanced territory with an average home price hovering around $677,795 to $687,813. Inventory has expanded to approximately 6,500 active listings, yielding roughly 2.5 to 3 months of supply. This increased selection provides buyers with more negotiation power.

Market Breakdown

  • Detached Homes: Average prices range from $734,300 to $844,300. This segment remains highly competitive, with strong demand keeping conditions tight. 

  • Semi-Detached (Duplexes): Benchmark prices average between $658,300 and $674,600. These serve as highly sought-after middle-ground properties. 

  • Row/Townhouses: Prices generally average $453,300. This segment has seen inventory build up, offering a more balanced playing field between buyers and sellers. 

  • Apartments/Condos: Average prices range from $300,000 to $325,000. Condos represent the softest segment of the market, featuring elevated supply that leans more favorably toward buyers.

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Your Market Report for the past 7 days

Current Market Statistics

  • Average Home Price: $682,872

  • Active Listings: Over 6,400 properties currently available

  • Months of Inventory: Increased over previous years, reaching 3 to 4.5 months depending on the property type

  • Days on Market: Townhouses and apartments are spending roughly 30 to 35 days on the market, allowing buyers more time for due diligence.

Property Type Trends

  • Detached Homes: These represent the most stable segment, with benchmark prices generally holding their ground or seeing very modest deceleration compared to other tiers. 

  • Townhouses/Row Houses: Inventory has surged (up over 40% in recent periods), shifting dynamics slightly in favor of buyers. 

  • Apartments/Condos: This segment has seen the most significant shift, with larger year-over-year price adjustments and extended time on market, making it an advantageous market for condo buyers

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