Real Estate Blog

CALGARY HOUSING MARKET UPDATE – (MAY 10, 2026)

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 57 residential sales on May 9, down from 116 on May 8 and 82 on May 7. New listings came in at 72, while active inventory sits at 6,450 homes.

Inventory levels remain elevated, continuing to support more balanced market conditions.

SEVEN-DAY TRAILING TRENDS (MAY 3–9, 2026)
Total residential sales reached 470, down 15.62% compared to the same period in 2025.

New listings totaled 1,053, a decrease of 7.95% year over year, while active inventory is slightly lower year-over-year at 6,450 (-0.72%).

The median price came in at $543,500, down 7.49%, while the average price decreased 5.53% to $606,511.

Days on market averaged 38 days, up 15.15% from last year, indicating slower absorption.

MONTH-TO-DATE MARKET CONTEXT (MAY)
So far in May, Calgary has recorded 626 total residential sales, down 18.38% compared to the same time last year.

New listings total 1,385, down 20.86% year over year.

Active inventory stands at 6,450 homes (-0.72%).

The median price is $552,750 (-6.71%), while the average price is $619,491 (-3.68%).

Days on market have increased to 37 days.

YEAR-TO-DATE PERFORMANCE
Year-to-date sales total 7,364, down 11.49% from 2025.

New listings are at 14,174 (-8.75%).

The median price is $573,000 (-1.21%), while the average price has increased modestly to $636,025 (+0.93%).

Days on market remain elevated at 40 days compared to 32 days last year.

MARKET SUMMARY
Calgary’s housing market continues to soften in the short term, with declining sales, fewer new listings, and noticeable price pressure in recent weekly trends.

Rising days on market and sustained inventory levels are giving buyers more leverage, while sellers face increased competition. Despite this, year-to-date pricing remains relatively stable, suggesting the market is adjusting gradually rather than experiencing a sharp correction.