Real Estate Blog

Calgary Real Estate Market Update – August 27, 2026

Calgary Market Remains Balanced as Prices Hold Firm and Inventory Stays Tight

Calgary's housing market continues to demonstrate resilience as August winds down. While sales remain below the exceptionally strong levels seen in 2025, the market is benefiting from balanced inventory, stable home values, and steady buyer demand. The shift toward more normalized activity is creating healthier conditions for both buyers and sellers.

August Market Snapshot

As of August 26, Calgary has recorded:

• 1,362 residential sales, down 18.3% from 1,667 sales during the same period in August 2025.

• 2,685 new listings, a 10.1% decrease year over year.

• 6,779 active listings, down 1.9% compared with last year, indicating inventory remains well balanced.

Home values continue to show impressive stability:

• Median Sale Price: $565,000, virtually unchanged (-0.04%) from August 2025.

• Average Sale Price: $642,023, up 5.3% year over year.

• Average Days on Market: 41 days, compared with 38 days last year, providing buyers with a little more time to evaluate their options.

Year-to-Date Performance

Through August 26, Calgary has recorded:

• 14,350 residential sales, down 11.2% from the same period in 2025.

• 26,922 new listings, a 9.5% decrease year over year.

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

• Year-to-date average sale price: $645,989, representing a 2.3% increase year over year.

These figures highlight a market that has slowed in activity but continues to experience healthy price appreciation.

Weekly Market Trends

For the seven-day period ending August 26:

• 393 homes sold, down 13.6% compared with the same week in 2025.

• 694 new listings, a 6.3% decline year over year.

• Active inventory totaled 6,779 homes, down 1.9% from last year.

Pricing remained positive:

• Weekly Median Price: $575,000, up 0.9% year over year.

• Weekly Average Price: $626,772, up 3.5% from the same week in 2025.

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

What This Means for Buyers

Today's market offers buyers more selection and greater negotiating power than during the highly competitive markets of recent years. With inventory remaining balanced and homes taking slightly longer to sell, buyers have more time to compare properties and make informed decisions without sacrificing long-term value.

What This Means for Sellers

Although sales volumes have moderated, demand for well-priced, well-presented homes remains solid. Stable median pricing and continued gains in average sale prices demonstrate that Calgary continues to reward sellers who price strategically and market their properties effectively.

Market Outlook

Several factors continue to support Calgary's housing market:

• Strong population growth continues to fuel housing demand.

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

• Balanced inventory is helping maintain long-term price stability.

• A resilient local economy continues to support buyer confidence.

Looking Ahead

As Calgary prepares for the fall real estate market, conditions remain healthy and sustainable. Sales have normalized from the record pace of previous years, but stable pricing and balanced supply continue to provide confidence for both buyers and sellers.

Whether you're entering the market for the first time, upgrading your home, or investing, Calgary continues to stand out as one of Canada's strongest real estate markets—offering affordability, stability, and long-term growth potential.