Real Estate Blog

CALGARY HOUSING MARKET UPDATE (MAY 5, 2026)

DAILY SNAPSHOT 
Calgary recorded 49 sales, up from 28 the previous day but still reflecting softer activity compared to typical spring momentum.
New listings came in at 82, while active inventory sits at 6,079 homes, continuing the trend of elevated supply.

The median price was $547,000, while the average price came in at $562,592, both showing short-term softness.
Homes are taking about 37 days to sell, indicating a slower, more balanced pace.

WEEKLY TRENDS (APRIL 28 – MAY 4, 2026)

• Total sales: 497 (-12.96% YoY)

• New listings: 919 (-11.12% YoY)

• Median price: $569,500 (-5.24% YoY)

• Average price: $618,081 (-4.97% YoY)

• Days on market: 32 days (-3.03% YoY)

Sales and prices both softened compared to last year, while inventory levels remain relatively stable, giving buyers more negotiating power.

MONTH-TO-DATE (MAY 2026)

• Sales: 233 (-23.36% YoY)

• New listings: 448 (-37.43% YoY)

• Active listings: 6,079 (-1.35% YoY)

Pricing metrics:

• Median price: $569,500 (-5.08% YoY)

• Average price: $633,492 (+0.37% YoY)

The sharp drop in new listings suggests a quieter start to May, which may help stabilize pricing if demand holds.

APRIL RECAP (FULL MONTH CONTEXT)

• Total sales: 2,104 (-5.65% YoY)

• New listings: 3,829 (-5.15% YoY)

• Benchmark price: $568,800 (-3.46% YoY)

• Median price: $586,000 (-0.68% YoY)

• Average price: $652,181 (+0.87% YoY)

April showed mild price adjustments with relatively stable averages, despite lower sales volume.

YEAR-TO-DATE PERFORMANCE

• Total sales: 6,972 (-11.26% YoY)

• New listings: 13,237 (-8.71% YoY)

• Median price: $575,000 (-0.86% YoY)

• Average price: $637,435 (+1.35% YoY)

• Days on market: 40 days

The market continues to normalize, with slower sales but relatively steady pricing overall.

KEY TAKEAWAYS
Inventory remains elevated while new listings are slowing, creating a more balanced environment. Prices are showing short-term fluctuations, but annual trends suggest stability rather than decline. Buyers currently have more leverage, while sellers need to be strategic on pricing and presentation.