Market Conditions

Calgary has shifted from the intense seller's market of the past few years into a more balanced market, with approximately 4 months of inventory available. This means buyers have more choice and negotiating power, while well-priced homes are still selling.

Key Numbers

• Benchmark home price: approximately $566,700, down about 0.8% year-over-year.

• Average sold price: approximately $646,000.

• September sales: about 1,650 transactions, slightly lower than the same time last year.

• Active listings: roughly 6,300 to 6,700 homes on the market. 

• Average days on market: approximately 44-55 days. 

What's Selling Well?

Detached homes remain the strongest segment. Inventory is more balanced, but demand continues to be supported by employment growth and ongoing migration to Calgary. Detached home prices have generally held up better than condos and townhomes.

Condo and Townhome Market

Condo and row-home inventory has increased significantly due to new construction over the past few years. As a result:

• Buyers have more options.

• Price pressure has softened.

• Some segments are now favoring buyers

What This Means for Sellers

For Calgary sellers:

• Accurate pricing is more important than it was in 2023-2025.

• Well-presented homes in desirable communities are still attracting strong interest.

• Overpriced listings are taking longer to sell as buyers have more choice. 

What This Means for Buyers

For buyers:

• More inventory means less competition and fewer bidding wars.

• There is greater opportunity to negotiate on price, conditions, and possession dates.

• Detached homes remain competitive, particularly in sought-after family communities

It's becoming a market where pricing, presentation, and marketing strategy matter again, rather than simply relying on market momentum.  

Calgary's market has changed. Pricing, presentation, and marketing strategy matter again. Don't leave one of your biggest investments to chance. Partner with a REALTOR® who brings 39+ years of experience, proven market knowledge, and a commitment to getting the job done right.🏡✅

As of today, the Calgary real estate market is balanced overall, but conditions vary significantly by property type.

For your clients, the key story is the split between property types:

• Detached homes remain resilient, with tighter inventory and relatively stable pricing. Detached sales increased year over year while supply remains around 3.3 months.

• Townhomes and condos favor buyers, with increased supply and benchmark prices down roughly 5% to 8% year over year. 

• Overall market conditions sit at about 3.9 months of supply, which is generally considered a balanced market.

Calgary Market Snapshot

The Calgary housing market remains balanced, offering opportunities for both buyers and sellers. Detached homes continue to perform well with limited supply, while increased inventory in the condo and townhouse segments has created more choice and negotiating room for buyers. With benchmark prices remaining relatively stable and inventory levels improving, today's market rewards strategic pricing and informed decision-making.

Accurate pricing is definitely the key to the real estate market in Calgary. Priced right, the house will sell!!

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 current real estate market sits in a balanced position, with inventory rising and sales moderating — but prices holding steady. The freshest live MLS® data available today (Sept 28, 2026) gives a clear snapshot of where things stand.

Calgary Market Snapshot — Today

• 6,639 active listings

• 53 average days on market

• 1,615 sales in the last 30 days

• 4.3 months of inventory → Balanced market

• $663K average list price citywide

This means neither buyers nor sellers have a strong advantage — negotiation power is fairly even.

📈 Latest Trend Notes

• Inventory is up, giving buyers more selection.

• Prices are stable to slightly rising depending on segment.

• Sales volume has cooled, but not enough to push the market into buyer territory.

• Condos show the slowest movement and longest DOM.

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.

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 continues to sit in balanced territory, with rising inventory, steady buyer activity, and pricing that varies by segment. Detached and semi‑detached homes remain the strongest performers, while condos and townhomes show softer pricing and longer days on market. With more listings coming online and buyers taking their time, pricing strategy and presentation matter more than ever.  The freshest available data comes from early‑September MLS® and August 2026 market summaries.

Citywide Snapshot (Early September 2026)

• Active listings: 6,441 (↑ significantly vs. summer)

• Avg. list price: $656,000

• Avg. days on market: 52 (homes taking longer to sell)

• Sales (last 30 days): 1,617

• Months of inventory: 4.2 → balanced market (neither strong seller nor buyer advantage)

This aligns with August’s broader trend: balanced conditions, slower sales, and modest price movement.

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, 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

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 MOI → balanced 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?

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

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.