Real Estate Blog

CALGARY HOUSING MARKET UPDATE  (MAY 4, 2026)

CALGARY DAILY HOUSING SUMMARY
Calgary recorded 28 residential sales on May 3, down from 47 on May 2 and 109 on May 1. New listings came in at 34, while active inventory sits at 6,094 homes, down 1.25% year over year.

Sales activity remains somewhat volatile day-to-day, while inventory levels are holding steady just below last year’s levels.

SEVEN-DAY TRAILING TRENDS (APRIL 27 – MAY 3)
Over the past week, Calgary recorded 518 total residential sales, down 7.83% compared to the same period in 2025.

New listings totaled 921, down 10.50% year over year, while active inventory averaged 6,094 homes, down 1.25%.

The median price came in at $566,000, down 5.75% year over year, while the average price decreased 4.83% to $619,978.

Days on market averaged 32 days, unchanged from last year, indicating stable absorption conditions.

MONTH-TO-DATE MARKET CONTEXT (MAY)
So far in May, Calgary has recorded 184 total residential sales, down 33.33% compared with the same time last year.

New listings total 366, down 46.26% year over year, while active listings are at 6,094, down 1.25%.

The median price is $575,000, down 4.25%, while the average price is $652,400, up 2.99% year over year.

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

New listings totaled 3,829, down 5.15%, while inventory averaged 5,983 homes, up 1.84%.

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

YEAR-TO-DATE PERFORMANCE
Year to date, Calgary has recorded 6,923 total residential sales, down 11.57% compared with 2025.

New listings total 13,155, down 9.06% year over year.

The median price is $575,000, down 0.86%, while the average price is $637,878, up 1.41%.

Days on market remain elevated at 40 days versus 32 days last year, reflecting a slower and more balanced market pace.

MARKET SUMMARY
Calgary’s housing market continues to stabilize with softer sales and declining new listings early in May. Prices are showing mixed signals—slight upward pressure on averages, but some softening in median values—while inventory remains relatively steady, reinforcing a more balanced market environment.