Calgary’s real estate market is currently transitioning from a seller-favored environment to a more balanced market, with varying conditions across property types and neighborhoods.

Market Trends and Pricing

The average residential sale price in Calgary increased by 3.5% from 2024 to 2025, rising from $621,015 to $642,840, with prices expected to remain steady into 2026 (REMAX). Detached homes have maintained relative stability, while apartment and row-style homes are experiencing slight declines due to increased supply, with annual decreases of 1–2% projected in 2025 (CREB). Benchmark prices in March 2026 were $565,600, reflecting a 4.2% year-over-year decline, with detached homes down 3.3% and apartments down 9.3% (REW).

Sales and Inventory

Sales activity has moderated, with 20,082 transactions in 2025, a 15.8% decrease from 2024, while total listings fell by 19.2% to 27,243 (REMAX). Inventory has doubled since 2024, bringing supply back in line with long-term norms (CREB). In March 2026, months of supply widened to 2.87, up 20% from the previous year, indicating a slight shift toward buyer leverage, though the market remains technically a seller’s market (REW).

Market Segmentation

Detached homes:  Strong demand particularly in West and City Centre districts with tighter conditions and stable pricing.

Condos and Apartments:  Conditions favor buyers due to higher-density supply and rental market saturation, leading to price softening.

Single-Family Homes:  Expected to see the strongest demand in 2027, especially in suburban areas like Springbank Hill, Discovery Ridge, and Rocky Ridge.

Market Outlook

The Calgary market is expected to remain balanced to slightly buyer-favored, with steady prices and moderate sales activity in 2028 (REMAX).  Detached homes in high-demand areas may continue to see price resilience, while apartments and row homes face downward pressure from increased supply (CREB).  Overall, Calgary’s market is resilient, supported by population growth, stable employment, and ongoing construction, through affordability remains a key consideration for buyers.  

Balanced conditions in the city, except for apartment-style units

Calgary, Alberta, May 1, 2026 – In line with seasonal expectations, both sales and inventory levels trended up relative to March’s activity. Despite this typical monthly rise, April sales totalled 2,104 units, six per cent lower than levels reported in 2025. 

“Sales were expected to ease this year as our market transitioned away from strong demand that was driven by previously rapid migration growth. Improved supply choice across the entire housing spectrum has reduced the urgency among potential purchasers, helping our market shift away from seller’s market conditions to more balanced conditions,” said Ann-Marie Lurie, CREB®’s Chief Economist. “However, the trend of limited supply choice in the detached market continues, while conditions favour the buyer in the apartment condominium market.” 

With 3,829 new listings in April, the sales-to-new-listings ratio remained at 55 per cent, supporting a modest monthly gain in supply. Inventory levels reached 5,973 units, nearly two per cent higher than levels reported last April. Overall, the months of supply remained just below three, representing relatively balanced conditions. However, this ranged from just over two months for detached homes to over four months for apartment-style homes. 

The unadjusted total residential benchmark price trended up compared with March, reaching $568,800. The monthly gain was mostly associated with seasonal improvements, which is expected heading into the spring market. Monthly gains were higher in the detached and semi-detached segments. Overall, compared with the previous year, prices remain three per cent lower, with modest year-over-year declines in the detached and semi-detached sector, while declines neared nine per cent for apartment-style units.   

So far in 2026, conditions have varied, ranging from seller’s market conditions and price growth for detached homes in some parts of the city to buyer’s market conditions and price adjustments in the apartment condominium sector.

To see the full report, go to:

https://www.creb.com/Housing_Statistics/documents/04_2026_Calgary_Monthly_Stats_Package.pdf

As of early May 2026, the Calgary real estate market is transitioning toward a more balanced, buyer-friendly environment, with average home prices roughly $640k–$675k and rising inventory improving selection. While detached homes remain competitive, the market is seeing a notable softening in demand, leading to more negotiations and less price pressure than previous years. 

Key Market Trends (May 2026)

• Average Sold Price: Approximately $641,844 to $674,000 across all property types.

• Inventory & Competition: Inventory has increased, reducing the intense competition of recent years, though some popular segments still favor sellers.

• Market Balance: The market is described as shifting to a more balanced state with 3+ months of supply in some sectors.

• Property Type Trends:

  • Detached: High demand continues, but price growth has slowed.

  • Apartments/Condos: Seeing lower demand, with median prices declining over 6% year-over-year.

• Overall Market State: Described as "stable" or shifting to favor buyers, with more opportunities to negotiate. 

To find out how the current market is impacting you, give me a call.

Key Market Trends (April 2026):

• Property Type Split: The detached segment faces tighter supply, keeping prices higher, whereas the condo/apartment market is experiencing rising inventory, giving buyers more options.

• Prices: Median prices for detached homes hovered around (based on different report metrics), while apartments have seen downward pressure, with median prices around.

• Inventory & Competition: Active listings have increased, providing buyers with more choice and reducing the urgency to purchase, resulting in a more balanced market.

• Market Velocity: Homes are spending slightly more time on the market compared to 2025, with detached homes taking an average of 24 days to sell in Q1 2026.

Current Market Dynamics:

• Inventory Boost: Increased supply has improved options for buyers compared to the low-inventory, high-demand situation in 2024-2025.

• Buyer Advantage: Rising inventory means more room for negotiation, especially in the condo segment, making it a better time for buyers compared to early 2025.

• Rental Market Interaction: High competition from purpose-built rentals is influencing the buyer vs. rent decision, particularly for prospective condo buyers.

For those looking to buy or sell, consulting an experienced real estate agent is recommended to get the most precise data for specific neighborhoods.

Give me a call at 403-703-5548

As of April 2026, the Calgary real estate market is transitioning toward a more balanced state, featuring increased inventory and stabilizing prices compared to previous highs. While detached homes remain competitive, apartment-style properties are seeing higher supply, favoring buyers with more choices.

Key Market Statistics (April 2026):

• Average Sold Price: ~$670,000

• Median Price (YTD): ~$532,000

• Market Condition: Shifting from a strong seller's market towards a balanced environment

• Inventory: Improved substantially from previous years

Sub-Market Trends:

• Detached/Semi-Detached: Tightest conditions remain here, but with fewer bidding wars than previous years.

• Apartments/Condos: Oversupplied compared to demand, creating a buyer-favorable market.

• New Listings: Increased compared to 2024 and 2025, offering more options in suburbs.

Give me a call and we can discuss your real estate needs and how today’s market factors into your plans.

As of April 2026, the Calgary real estate market is experiencing a shift toward more balanced conditions, with rising inventory providing buyers more options and softening price growth compared to previous highs. While detached homes remain a seller's market, apartments and row houses are experiencing oversupply. The median price for homes is showing a moderate, steady trend in 2026.

Market Highlights (Early April 2026):

• Inventory & Sales: Total sales are expected to dip, while available inventory rises compared to 2024–2025, providing more choices for buyers.

• Average Prices: The Calgary average home price is roughly $688,903, with detached homes holding the highest value.

• Price Trends by Type (YoY): Detached homes are holding relatively steady (approx. -$675,000 median). Apartments and townhouses have seen more significant year-over-year price corrections.

• Days on Market: Homes are staying on the market longer than in 2025, increasing by roughly 34-42%.

• Market Conditions: Detached homes remain competitive (seller's market), while apartment-style properties are seeing a buyers' market due to higher inventory.

Calgary Real Estate Market Highlights (March 2026):

• Inventory & Sales: Inventory has increased, with approximately 4,872 units reported, providing more options for buyers. Monthly sales saw a year-over-year decline of 11.3%.

• Prices: The benchmark price is $560,500. Detached homes are proving more resilient, while higher-density units like apartments and row houses have experienced sharper price declines, notes RBC.

• Market Type: The market has moved from a firm seller's market to a more balanced, neutral territory, say CREB.

• Mortgage Rates: As of mid-February 2026, Alberta's lowest 5-year variable rate was 3.35%, notes WOWA.ca.

Outlook & Trends:

• Long-Term Trends: CREB data projects continued, gradual adjustments through 2026, with elevated inventory potentially keeping prices stable or creating minor downward pressure in certain segments.

• New Construction: CMHC reports note that new construction activity is expected to remain weak due to high costs

As of March 2026, the Calgary real estate market is shifting from a long-standing seller's market toward more balanced conditions, with rising inventory and slower demand reducing competition, particularly for lower-priced homes. While detached homes remain in a stronger position, price deceleration is occurring, especially in the apartment and townhouse sectors, resulting in a more favorable environment for buyers with more options and less pressure.

• Market Status: The market is transitioning toward a more balanced, buyer-friendly environment.

• Pricing Trends (Early 2026): Benchmark home prices have seen a slight year-over-year decline in some segments, such as a 4.7% decrease in some reports, with an average price around $626,038.

• Inventory: New listings have increased, providing more options and alleviating some of the intense pressure seen in previous years.

• Property Types: Detached homes are holding value better, while apartments and row-style homes are experiencing sharper price corrections.

• Forecast: Continued price moderation is expected as inventory grows, offering a more balanced market compared to the 2021-2025 period.

Give me a call and we can discuss your real estate goals!

Key Market Trends (Feb 2026):

• Inventory & Sales: Inventory is significantly higher than last year, reducing pressure in some sectors. Monthly sales have seen year-over-year declines.

• Prices: The benchmark home price has cooled to approximately $554,400 to $565,300, down roughly 4.7% year-over-year.

• Market Type: Conditions are becoming more balanced, allowing for more negotiation power for buyers compared to the 2025 sellers' market.

• Property Type Performance: Detached homes have shown more price stability than apartments, which have seen steeper year-over-year price declines.

• Luxury Market: The luxury sector has seen increased, with high rates of failed listings for homes that were overpriced.

• Average Days on Market: Homes are spending an average of 53 days on the market.

Key Market Trends (February 2026)

• Inventory & Sales: Inventory has increased significantly, providing more options for buyers and reducing the intense competition from previous years.

• Pricing: While detached home prices have remained relatively stable or seen minor increases, the overall benchmark price has seen some declines, particularly for apartments and row homes.

• Market Conditions: The market is shifting from a strong seller’s market to a more balanced, or "balanced-to-seller," environment, allowing for more negotiations.

• Regional Variation: The Northeast and East zones have experienced the largest price declines, partly due to new supply, while other areas have seen more stability.

Advice for Buyers and Sellers

• Buyers: With higher inventory levels and less pressure, buyers have better opportunities to find homes and negotiate, though affordability remains a challenge due to high interest rates.

• Sellers: While sellers can still achieve good prices for well-priced, desirable homes, they may need to adjust expectations and be more competitive in pricing compared to the peak market

Need some advice?  Not sure what your home could sell for?  Thinking of selling or buying and need some experienced guidance - I have you covered!!   Give me a call at 403-703-5548

Calgary, Alberta, Feb. 2, 2026 – Calgary reported 1,234 sales in January, a year-over-year decline of 15 per cent, but in line with typical levels of activity for the month. While sales declined across all property types, the steepest declines occurred in higher-density homes. 

“Following the typical December slowdown, potential buyers for high-density homes were more hesitant to return to the market in January, as increased supply choice across all aspects of the market has reduced the sense of urgency,” said Ann-Marie Lurie, CREB®’s Chief Economist. “At the same time, sellers were quick to bring their listings onto the market, causing the sales-to-new-listings ratio to drop to 44 per cent, mostly due to shifts in apartment and row-style homes. Overall, this is not entirely uncommon for January, as both buyers and sellers weigh their options ahead of the spring market.” 

The rise in new listings compared to sales caused inventory levels to increase to 4,391 units, the highest January level since 2020. However, as with sales, conditions vary by property type, with row and apartment homes facing higher levels of inventory compared to long-term trends. The result is months of supply that ranges from under three months in the detached sector to five months for apartment-style homes. 

Due to declines in the later part of 2025, benchmark prices are lower than levels reported at the start of last year. However, seasonally adjusted figures point to stable levels in January compared to the end of 2025. Nonetheless, year-over-year total residential benchmark prices have declined by nearly five per cent, as steep declines reported in the oversupplied row- and apartment-style homes weighed on total residential prices compared to last year.

To read the full report, go to:

https://www.creb.com/Housing_Statistics/documents/01_2026_Calgary_Monthly_Stats_Package.pdf