Real Estate Blog

CALGARY MARKET UPDATE (MAY 31, 2026)

Calgary’s housing market continues to show softer sales activity compared to last year, while inventory remains elevated and prices are holding relatively steady.

Month-to-date, total sales sit at 2,135, down 14.4% from 2,495 at the same point last year. New listings are also lower, down 11.8% year-over-year to 4,193. Despite fewer new listings, active inventory has edged higher to 6,847 homes, up 0.5%, providing buyers with more choice.

Pricing remains resilient. The median sale price is $591,000, essentially unchanged from last year (+0.2%), while the average sale price has risen to $665,048, up 2.5% year-over-year. Homes are taking slightly longer to sell, with average days on market at 34 days compared to 32 days last year.

Year-to-date, Calgary has recorded 8,872 sales, down 11.7% from the same period in 2025. New listings are down 8.4%, while the year-to-date median price is $579,250 (-0.3%) and the average price is $644,184 (+1.6%).

Weekly activity (May 24–30) also remains below last year's pace. Sales totaled 544, down 12.3% year-over-year, while new listings declined 4.7%. The weekly median price was $600,500 (-2.4%), while the average price increased 5.6% to $709,145.

Daily Snapshot (May 30)

Total Sales: 67

New Listings: 60

Active Listings: 6,847

Median Price: $559,000

Average Price: $681,444

Days on Market: 34

Overall, Calgary remains in a more balanced market than in recent years. Sales activity is running below 2025 levels, but stable pricing and elevated inventory continue to create opportunities for both buyers and sellers.