Real Estate Blog

CALGARY HOUSING MARKET UPDATE – (MAY 29, 2026)

The Calgary housing market continues to shift toward more balanced conditions as May comes to a close. While sales remain below last year’s levels, pricing continues to show resilience, particularly in the average price.

Key Highlights (Month-to-Date – May 2026 vs. May 2025):
Total Sales: 1,947 (down 12.73%)
New Listings: 3,901 (down 7.23%)
Active Listings: 6,842 (up 2.10%)
Median Price: $591,000 (up 0.17%)
Average Price: $662,102 (up 2.26%)
Days on Market: 31 (down 3.13%)

What This Means:
Sales activity continues to trail last year, reflecting softer demand. However, a decline in new listings is helping prevent a sharp rise in inventory.

Pricing remains stable, with both median and average prices holding or increasing slightly year-over-year. This suggests continued confidence in the market, especially in higher-priced segments. A slight improvement in days on market also indicates that homes are still selling at a steady pace.

Year-to-Date Snapshot:
Total Sales: 8,684 (down 11.24%)
New Listings: 16,689 (down 7.23%)
Median Price: $579,000 (down 0.34%)
Average Price: $643,072 (up 1.58%)

Weekly Trend (May 22–28, 2026 vs. 2025):
Sales decreased by 13.07%
New listings increased by 0.73%
Median price increased by 0.17%
Average price increased by 6.67%
Days on market decreased by 3.13%

Daily Snapshot (May 28, 2026):
Total Sales: 98
New Listings: 257
Active Listings: 6,842
Median Price: $602,250
Average Price: $701,111
Days on Market: 32

Bottom Line:
The market is showing signs of stabilization. While demand has softened compared to last year, stable pricing and moderate inventory levels point to a more balanced environment. Buyers are gaining more options, while sellers continue to benefit from steady price levels.