Real Estate Blog

CALGARY HOUSING MARKET UPDATE  (MAY 3, 2026)

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 47 residential sales on May 2, down from 109 on May 1 and 104 on April 30, reflecting typical short-term variability. New listings came in at 87, while active inventory sits at 6,104 homes, down slightly by 1.10% year over year.

Inventory levels remain elevated compared to last year, continuing to provide buyers with more choice and negotiating power.

SEVEN-DAY TRAILING TRENDS
For the period of April 26 to May 2, Calgary recorded 531 total residential sales, down 2.39% compared with the same period in 2025.

New listings totaled 917, down 10.71% year over year, while active inventory held steady at 6,104 homes.

The median price for the week was $569,500, down 6.75% year over year, while the average price declined 6.16% to $623,853.

Days on market averaged 33 days, up 3.13%, indicating slightly slower absorption compared to last year.

MONTH-TO-DATE MARKET CONTEXT (MAY)
Through May 2, Calgary has recorded 156 total residential sales, down 25.71% compared with the same time last year.

New listings total 332, down 45.21% year over year, reflecting a slower start to the month.

The median price is $594,050, down 2.21%, while the average price is $658,630, up 1.91% year over year.

Active inventory stands at 6,104 homes, down slightly by 1.10%.

PREVIOUS MONTH SUMMARY (APRIL)
April closed with 2,104 total sales, down 5.65% year over year.

New listings reached 3,829, down 5.15%, while inventory rose 1.84% to 5,983 homes.

The median price was $586,000, down 0.68%, while the average price increased 0.82% to $651,895.

YEAR-TO-DATE PERFORMANCE
Year to date, Calgary has recorded 6,895 total residential sales, down 11.18% compared with 2025.

New listings total 13,121, down 8.82% year over year.

The median price is $575,000, down 0.86%, while the average price is $637,960, up 1.37%.

Days on market remain elevated at 40 days, up 25.00% compared to last year, reinforcing a more balanced market.

MARKET SUMMARY
Calgary’s housing market continues to stabilize with balanced conditions taking hold. Inventory remains higher, sales are trending lower year over year, and pricing is showing mild softness in the short term.

Buyers are gaining leverage with more selection and longer days on market, while sellers must remain competitive on pricing and presentation.