Calgary’s current real estate market sits in balanced territory, with fresh MLS‑based data showing stable inventory, moderate sales, and price trends that vary sharply by property type.

📊Calgary Market Snapshot (Updated Oct 5, 2026)

• Active listings: 6,442

• Average list price: $663,409

• Sales (last 30 days): 1,560

• Months of inventory: 4.3 MOI → Balanced market

• Average days on market: 51

A balanced market means neither buyers nor sellers have a strong advantage — negotiations tend to be more even, and pricing accuracy matters.

📍 Prices by Quadrant

• NW: $757,728

• NE: $571,915

• SW: $819,216

• SE: $588,573

• Downtown: $594,181

SW and NW continue to lead in pricing strength, while NE and SE remain more affordable.

🧭 What This Means for You

• Pricing needs to be hyper‑local — quadrant and product type matter more than citywide averages.

• Balanced conditions mean accurate pricing and strong marketing are key to avoiding extended DOM.

• Apartment weakness continues across most communities, so sellers need realistic expectations.

• Detached remains the most resilient segment, especially in NW/SW.

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.

September sales totaled 1,650 units, similar to August and nearly four per cent lower than in September 2025. While September sales typically pull back compared with August, stronger detached home sales helped prevent the typical seasonal pullback.

At the same time, new listings also rose from August, causing the sales-to-new-listings ratio to fall to 49 per cent, leaving inventory levels relatively stable compared with August. Stable sales and inventory levels in September prevented any change in the months of supply compared with August, which remained at just under four months. 

While the overall market is showing higher supply levels compared with sales activity, conditions vary significantly by property type. Detached properties remain in balanced territory, and the monthly boost in new listings supported gains in sales in September. Meanwhile, higher supply levels for apartment and row homes are contributing to buyer market conditions, as demand is spread across more alternatives in the rental and new home markets. 

“The variation in market conditions between property types is related to where the supply was added. The construction boom over the past three years was mostly driven by gains in higher-density sectors, significantly increasing the supply of apartment and row-style homes,” said Ann-Marie Lurie, Chief Economist at the Calgary Real Estate Board (CREB®). “Meanwhile, detached homes did not see the same boost in construction, preventing broad-based supply growth. Thanks to a stronger job market and slower but positive net migration, housing demand has remained strong enough to absorb some of the supply, but not enough to offset the high-density supply added to the market, resulting in a more significant impact on prices for higher-density homes.” 

As the market moves through the fall, it is not unusual to see some unadjusted monthly declines in prices. However, many of these adjustments were seasonal, as seasonally adjusted figures show that prices in September are relatively stable compared with August. The unadjusted residential benchmark price was $566,700, nearly one per cent lower than last year. Most of the price adjustments have occurred in higher-density row and apartment-style units, which have reported year-over-year declines of eight per cent and six per cent in September. Meanwhile, detached prices are one per cent lower than last year, mostly due to declines in the North East, East and North districts.

To see the Full Report, go to:

https://www.creb.com/News/CREBNow/2026/October/September_2026_Stats/

Calgary’s market today sits in a balanced-but-slowing phase, with fresh data showing higher inventory, longer days on market, and pricing that depends heavily on property type and quadrant.

• Sellers: Need strong pricing discipline and polished presentation; buyers have options.

• Buyers: More negotiating room than earlier in the year, especially in condos and NE/Downtown.

• Detached NW/SW: Still the most competitive pockets.

• Condos: Oversupply continues to drag values—great for investors, tougher for sellers.

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.

Calgary's real estate market is experiencing a normalizing trend, featuring average home prices around $650,000 to $654,644 and inventory levels sitting around 3 to 4 months of supply. While detached homes remain competitive, the condo and townhome segments are increasingly favoring buyers, offering more choices and room for negotiation. 

Key Market Statistics

• Average Home Price: Approx. $654,644

• Median Sale Price: approximately $585,000

• Active Inventory: Over 6,500 active listings across the city

• Months of Supply:  3 to 4 months, shifting toward a more balanced environment

Property Type Breakdown

• Detached Homes: These remain tight in supply, especially in the sub- $700,000  range. Sellers maintain an advantage in regions like the West and City Centre districts.

• Townhouses: Benchmark prices sit around $422,900. Inventory is relatively tight (under 3 months of supply), keeping it a modest seller's market.

• Apartments/Condos: The apartment segment favors buyers. With benchmark prices hovering near $301,400, higher inventory gives buyers increased negotiating power.

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.

Calgary, Alberta, April 1, 2026 – Supply conditions in March varied significantly depending on property type. Inventory levels saw a typical monthly rise, but compared with long-term trends, inventory remained well above the 10-year average for both row and apartment-style units and well below trend for detached homes. This is not a surprise given the pullback in detached housing starts last year despite record-high apartment-style starts. 

There were 1,881 sales in March, up from the previous month, but still 13 per cent lower than levels reported last year and below long-term trends for March. The decline in sales is mostly due to pullbacks in apartment-style activity, where increased supply choice and slower migration is spreading demand across a wider range of supply. Meanwhile, detached sales have also slowed compared to long-term trends, likely due to limited supply choice in some city districts. 

“When considering total residential housing statistics, conditions appear to be relatively balanced as sales, new listings, inventories and prices all trended up over the previous month as we start to move into the spring market,” said Ann-Marie Lurie, CREB®’s Chief Economist. “However, when we look deeper, we are seeing a market that ranges from tighter conditions for detached homes to the apartment sector, where conditions tend to favour the buyer. As expected, this is supporting upward momentum in detached prices and downward pressure in the apartment condominium sector.” 

The total unadjusted benchmark price in the city was $565,600, up nearly one per cent compared to February but down by more than four per cent compared to last year. After the first quarter, benchmark prices posted modest to stable conditions for lower density homes. However, apartment condominium prices continued to slide, dropping another three per cent in the first quarter compared to the fourth quarter of last year. 

Detached

The detached market is exhibiting the tightest conditions compared to all other property types. With 982 sales and 1,614 new listings in March, the sales-to-new-listings ratio rose to 61 per cent, while inventory levels remained similar to those reported last year. With just over two months of supply, conditions in March closely resembled those seen last year at this time. However, conditions varied across the city, with less than two months of supply reported in the North West, West, South, South East and East districts. Meanwhile, conditions were relatively balanced in both the City Centre and North districts, while the North East district continues to struggle with higher supply relative to demand. The detached benchmark price was $741,300 in March, down by three per cent over last year’s peak price of $766,600. However, tight conditions in most parts of the city are driving some price gains. After the first quarter, the largest quarterly gain was reported in the West district, followed by the City Centre and South districts. 

To READ the FULL REPORT, go to:  https://www.creb.com/News/Media_Releases/2026/April/March_2026_Stats/

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

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

Key 2026 Market Indicators:

• Market Shift: The intense seller's market is cooling; sales are easing while active listings have increased, providing better balance.

• Prices (Jan/Feb 2026): Detached homes remain in high demand with slight, modest increases, whereas apartment and townhouse prices have shown signs of cooling or decreasing from their previous peaks.

• Inventory: Improved, with a significant increase in options compared to 2024–2025 levels, reducing the "urgency" factor for buyers.

• Outlook: 2026 is expected to see a softening as immigration slows and employment growth remains uncertain, according to experts.

Advice for Buyers/Sellers:

• Buyers: More opportunity for negotiation, less pressure, and more inventory to choose from.

• Sellers: While still holding a relatively strong position, it is critical to set realistic, market-aligned prices as the rapid, uncontrolled price hikes of previous years have subsided.

The number of active listings is slowly increasing each week.

Spring and early summer sales means listing now.  Get ahead of the spring rush. 

Give me a call and we can chat about the market!

• Increased Inventory:  Yes, the number of new listings is rising slowly leading to more homes available and a higher "months of supply," shifting from a strong seller's market to a more balanced one.

• More Time on Market: Homes are staying on the market longer, giving buyers more negotiation power.

• Sector-Specific Shifts: While apartments and row homes saw bigger price drops, the market for detached and semi-detached homes is also softening, with improved inventory levels. 

If you have any questions about the Calgary real estate market, give me a call and we can chat.