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.