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.