Real Estate Blog

CALGARY AND AREA HOUSING MARKET REPORT – MAY 2, 2026

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 109 residential sales on May 1, up slightly from 104 on April 30 and 95 on April 29. New listings came in at 245, while active inventory rose to 6,077 homes, up 0.71% year over year.

Inventory levels continue to trend higher, giving buyers more choice and easing competitive pressure compared to last year.

SEVEN-DAY TRAILING TRENDS
For the period of April 25 to May 1, Calgary recorded 530 total residential sales, down 8.93% compared with the same week in 2025.

New listings totaled 883, down 8.50% year over year, while active inventory remained elevated at 6,077 homes (+0.71%).

The median price for the week was $577,500, down 3.75% year over year, while the average price declined 3.62% to $635,037.

Days on market averaged 32 days, slightly higher than last year, reflecting more balanced conditions.

MONTH-TO-DATE MARKET CONTEXT (MAY)
May is off to a strong start in pricing despite softer listing activity:

• Sales: 109 (+5.83% YoY)

• New Listings: 245 (-22.47% YoY)

• Median Price: $598,100 (+9.74% YoY)

• Average Price: $678,715 (+12.32% YoY)

Early May data suggests upward price pressure, likely driven by tighter short-term supply.

APRIL MARKET SUMMARY (FINAL)
April closed with:

• Total Sales: 2,104 (-5.65% YoY)

• New Listings: 3,829 (-5.15% YoY)

• Active Listings: 5,983 (+1.84% YoY)

Pricing remained relatively stable:

• Median Price: $586,000 (-0.68% YoY)

• Average Price: $651,895 (+0.82% YoY)

Days on market held at 35 days, indicating a balanced but slightly slower market than last year.

YEAR-TO-DATE PERFORMANCE

• Total Sales: 6,848 (-10.55% YoY)

• New Listings: 13,034 (-7.56% YoY)

• Median Price: $575,000 (-0.86% YoY)

• Average Price: $638,138 (+1.53% YoY)

Days on market remain elevated at 40 days vs. 32 last year, reinforcing a shift toward more normalized conditions.

MARKET INSIGHT
Calgary’s housing market continues to stabilize. While sales activity remains below last year’s pace, inventory levels are higher and price trends are holding relatively firm.

The strong start to May pricing suggests that demand is still present, especially when new listings are limited. Overall, the market is balancing—offering more opportunity for buyers while maintaining price resilience for sellers.