Real Estate Blog

CALGARY HOUSING MARKET UPDATE – (MAY 21, 2026)

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 81 residential sales on May 20, up from 68 on May 19 and 22 on May 18. New listings came in at 139, while active inventory sits at 6,528 homes.

Daily activity continues to rebound following the weekend slowdown, with inventory holding relatively steady.

SEVEN-DAY TRAILING TRENDS (MAY 14–20, 2026)
Total residential sales reached 440, down 18.22% compared to the same period in 2025.

New listings totaled 889, a decrease of 9.47% year over year, while active inventory sits at 6,528 homes (-1.46%).

The median price came in at $607,500, up 3.85%, while the average price increased 2.01% to $654,216.

Days on market averaged 35 days, up 16.67% from last year, indicating slower absorption.

MONTH-TO-DATE MARKET CONTEXT (MAY)
So far in May, Calgary has recorded 1,342 total residential sales, down 13.75% compared to the same time last year.

New listings total 2,645, down 13.98% year over year.

Active inventory stands at 6,528 homes (-1.46%).

The median price is $586,625 (+0.02%), while the average price is $646,242 (+0.54%).

Days on market are at 35 days.

YEAR-TO-DATE PERFORMANCE
Year-to-date sales total 8,079, down 11.31% from 2025.

New listings are at 15,433 (-8.46%).

The median price is $575,000 (-0.86%), while the average price has increased to $639,012 (+1.23%).

Days on market remain elevated at 39 days compared to 32 days last year.

MARKET SUMMARY
Calgary’s housing market continues to show stable pricing, with modest increases in both median and average prices in recent weekly trends.

While sales activity remains below last year’s levels, the gap is narrowing slightly as daily activity improves.

With inventory remaining tight and new listings still down year over year, market conditions continue to support price stability and gradual growth as we move further into May.