Real Estate Blog

Calgary Real Estate Market Update – August 30, 2026

Calgary Wraps Up August with Stable Prices and a Well-Balanced Housing Market

As August comes to a close, Calgary's real estate market continues to demonstrate resilience despite lower sales activity compared to last year's exceptionally strong market. Inventory has remained virtually unchanged from 2025, while home prices have held remarkably steady, reinforcing Calgary's position as one of Canada's healthiest housing markets.

With supply and demand now more balanced, buyers have greater flexibility while sellers continue to benefit from stable property values.

August Market Snapshot

As of August 29, Calgary has recorded:

• 1,571 residential sales, down 17.7% from 1,908 during the same period in August 2025.

• 3,052 new listings, a 9.8% decrease year over year.

• 6,843 active listings, down just 0.4% from last year, indicating inventory remains exceptionally balanced.

Home prices continue to show strength:

• Median Sale Price: $565,000, down only 0.5% year over year.

• Average Sale Price: $638,851, up 4.4% from August 2025.

• Average Days on Market: 41 days, compared with 38 days one year ago.

Year-to-Date Performance

Through August 29, Calgary has recorded:

• 14,559 residential sales, down 11.2% year over year.

• 27,289 new listings, a 9.5% decrease from the same period in 2025.

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

• Year-to-date average sale price: $645,589, representing a 2.3% increase year over year.

These numbers highlight a market that has cooled from record activity but continues to deliver stable values and long-term confidence.

Weekly Market Trends

For the seven-day period ending August 29:

• 406 homes sold, down just 1.5% from the same week last year.

• 654 new listings, unchanged from 2025.

• Active inventory totaled 6,843 homes, virtually identical to last year's level.

Weekly pricing softened modestly:

• Weekly Median Price: $565,000, down 3.4% year over year.

• Weekly Average Price: $602,383, down 6.5% from the same week in 2025.

• Homes averaged 43 days on market, compared with 38 days last year.

While weekly prices fluctuate naturally, monthly and year-to-date trends continue to point to a stable and balanced market.

What This Means for Buyers

Buyers continue to benefit from increased inventory, less competition, and more time to evaluate homes before making an offer. Balanced conditions provide stronger negotiating opportunities while stable pricing supports long-term confidence in purchasing.

What This Means for Sellers

Although sales volumes have moderated, well-priced and professionally presented homes continue to sell successfully. With average sale prices remaining above last year's levels and inventory under control, sellers remain in a favourable position when they align pricing with current market conditions.

Looking Ahead

As Calgary heads into the fall real estate season, market fundamentals remain strong. Population growth, relative affordability, and balanced inventory continue to support demand, while stable pricing creates confidence for both buyers and sellers.

Whether you're purchasing your first home, upgrading, downsizing, or investing, Calgary's housing market continues to offer one of the most balanced and resilient environments in Canada. The months ahead are expected to bring continued stability and opportunities for those ready to make their next move.