Real Estate Blog

Calgary Real Estate Market Update – August 26, 2026

Calgary Home Prices Remain Stable as Sales Continue to Normalize

Calgary's housing market continues its transition toward a more balanced and sustainable environment. While overall sales remain below last year's pace, declining new listings and stable inventory continue to support home values. Buyers are benefiting from increased selection and more time to make decisions, while sellers continue to see solid prices for well-presented homes.

August Market Snapshot

As of August 25, Calgary has recorded:

• 1,294 residential sales, down 19.0% from 1,597 sales during the same period in August 2025.

• 2,577 new listings, a 10.9% decrease year over year.

• 6,794 active listings, down 2.3% compared with last year, keeping inventory balanced.

Despite lower sales activity, home values remain resilient:

• Median Sale Price: $565,000, up 0.1% from August 2025.

• Average Sale Price: $643,869, up 6.3% year over year.

• Average Days on Market: 41 days, compared with 38 days last year, providing buyers with slightly more flexibility.

Year-to-Date Performance

Through August 25, Calgary has recorded:

• 14,282 residential sales, down 11.2% compared with the same period in 2025.

• 26,814 new listings, a 9.6% decrease year over year.

• Year-to-date median sale price: $580,000, unchanged from last year.

• Year-to-date average sale price: $646,175, an increase of 2.4% year over year.

These numbers indicate that while transaction volume has moderated, Calgary continues to experience steady price appreciation supported by balanced market conditions.

Weekly Market Trends

For the seven-day period ending August 25:

• 397 homes sold, down 12.6% from the same week in 2025.

• 700 new listings, a 5.8% decline year over year.

• Active inventory totaled 6,794 homes, down 2.3% from last year.

Weekly pricing remained positive:

• Weekly Median Price: $575,000, up 2.3% year over year.

• Weekly Average Price: $632,644, up 4.3% compared with the same week in 2025.

• Homes averaged 43 days on market, compared with 36 days last year.

What This Means for Buyers

Inventory remains healthy, giving buyers more options and additional time to evaluate properties. While competition has eased from previous years, stable pricing suggests that well-priced homes continue to attract interest.

What This Means for Sellers

Although the market has slowed from last year's pace, sellers continue to benefit from resilient home values. Proper pricing, strong presentation, and effective marketing remain essential to achieving the best results.

Market Outlook

Several factors continue to support Calgary's housing market:

• Strong population growth across Alberta continues to fuel housing demand.

• Calgary remains one of Canada's most affordable major cities.

• Balanced inventory is helping maintain market stability.

• A healthy local economy continues to underpin long-term housing demand.

Looking Ahead

As the fall market approaches, Calgary remains in a healthy position. Sales activity has normalized following several exceptionally strong years, but pricing continues to hold firm and inventory remains well balanced. Buyers are benefiting from greater choice and negotiating opportunities, while sellers continue to achieve strong values in a stable marketplace.

Overall, Calgary's real estate market continues to demonstrate resilience, making it one of Canada's strongest and most sustainable housing markets heading into the final months of 2026.