Real Estate Blog

CALGARY HOUSING MARKET UPDATE – (MAY 12, 2026)

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 81 residential sales on May 11, up from 17 on May 10 and 57 on May 9. New listings came in at 76, while active inventory eased slightly to 6,386 homes.

Inventory has dipped modestly but remains elevated overall, continuing to support balanced conditions.

SEVEN-DAY TRAILING TRENDS (MAY 5–11, 2026)
Total residential sales reached 492, down 11.51% compared to the same period in 2025.

New listings totaled 1,044, a decrease of 9.84% year over year, while active inventory declined slightly to 6,386 homes (-1.81%).

The median price came in at $569,494, down 5.08%, while the average price decreased 4.45% to $629,138.

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 725 total residential sales, down 15.70% compared to the same time last year.

New listings total 1,492, down 20.38% year over year.

Active inventory stands at 6,386 homes (-1.81%).

The median price is $569,500 (-5.08%), while the average price is $630,537 (-2.81%).

Days on market are sitting at 36 days.

YEAR-TO-DATE PERFORMANCE
Year-to-date sales total 7,463, down 11.29% from 2025.

New listings are at 14,280 (-8.80%).

The median price is $575,000 (-0.95%), while the average price has increased slightly to $636,880 (+0.95%).

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

MARKET SUMMARY
Calgary’s housing market continues to trend toward balance, with softer sales activity and fewer new listings compared to last year.

While inventory has slightly declined in recent days, it remains high enough to give buyers more choice and negotiating power. Prices are showing moderate short-term softness, and longer days on market confirm a slower pace.

Overall, the market is stabilizing, with gradual adjustments rather than sharp declines, supported by relatively steady year-to-date pricing.