Real Estate Blog

CALGARY HOUSING MARKET UPDATE – (MAY 11, 2026)

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 17 residential sales on May 10, down from 57 on May 9 and 116 on May 8. New listings came in at 31, while active inventory remains steady at 6,450 homes.

Inventory levels are holding stable, continuing to support balanced market conditions.

SEVEN-DAY TRAILING TRENDS (MAY 4–10, 2026)
Total residential sales reached 459, down 17.15% compared to the same period in 2025.

New listings totaled 1,050, a decrease of 8.85% year over year, while active inventory sits at 6,450 homes (-0.83%).

The median price came in at $550,000, down 7.06%, while the average price declined 6.99% to $608,304.

Days on market averaged 39 days, up 18.18% from last year, indicating slower absorption.

MONTH-TO-DATE MARKET CONTEXT (MAY)
So far in May, Calgary has recorded 643 total residential sales, down 22.53% compared to the same time last year.

New listings total 1,416, down 22.75% year over year.

Active inventory stands at 6,450 homes (-0.83%).

The median price is $555,000 (-7.11%), while the average price is $620,914 (-4.06%).

Days on market have increased to 37 days.

YEAR-TO-DATE PERFORMANCE
Year-to-date sales total 7,381, down 11.95% from 2025.

New listings are at 14,205 (-9.04%).

The median price is $573,500 (-1.12%), while the average price has increased modestly to $636,111 (+0.86%).

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 downward pressure on prices in recent weekly trends.

Stable inventory levels and rising days on market are giving buyers more leverage, while sellers face increased competition. Despite short-term softness, year-to-date pricing remains relatively stable, indicating the market is adjusting gradually rather than experiencing a sharp correction.