Real Estate Blog

Calgary Real Estate Market Update – September 1, 2026

Calgary's housing market has entered September with strong fundamentals despite a moderation in sales compared to last year's exceptionally active market. Inventory remains balanced, home prices continue to show resilience, and buyers have more opportunities than they have experienced over the past several years.

While overall sales activity has normalized, Calgary continues to stand out as one of Canada's most stable real estate markets, supported by healthy demand, steady pricing, and controlled inventory levels.

Market Snapshot

Total Sales

There have been 1,660 residential sales recorded in August month-to-date, down 16.41% from 1,986 sales during the same period in August 2025. Year-to-date sales now total 14,648, representing an 11.11% decline from last year as the market continues to normalize.

New Listings

New listings reached 3,143 for August, a 9.61% decrease compared to the same period in 2025. Year-to-date, 27,380 new properties have come to market, down 9.44% from last year, helping maintain a balanced supply of homes.

Active Listings

Active inventory currently sits at 6,522 homes, down 2.16% from 6,666 one year ago. Although buyers continue to enjoy significantly more choice than during the highly competitive markets of previous years, inventory remains well balanced and continues to support stable pricing.

Home Prices

Benchmark Price

Calgary's benchmark home price is now $569,800, down 1.08% from July and 3.92% below the benchmark recorded at the same point last year. Despite this modest adjustment, benchmark values remain historically strong.

Median Price

The median sale price for August stands at $565,000, down just 0.79% from $569,500 one year ago. Year-to-date, the median price remains unchanged at $580,000, demonstrating remarkable stability.

Average Price

The average sale price reached $638,440, an increase of 4.29% over August 2025. Year-to-date, the average sale price has risen to $645,502, up 2.28% year over year, reflecting continued strength in Calgary's higher-value property segments.

Days on Market

Homes are taking an average of 41 days to sell during August, compared with 38 days last year. Year-to-date, the average marketing time is 39 days, giving buyers more time to evaluate properties while still reflecting a healthy market.

Weekly Market Trends (August 25–31)

During the final week of August:

• 432 homes sold, down just 2.48% from the same week in 2025.

• 642 new listings entered the market, a slight 1.23% decrease year over year.

• Active inventory finished the week at 6,522 homes, down 2.16%.

• Weekly median price came in at $569,000, down 2.74% from the same week last year.

• Weekly average price was $610,908, down 5.34% year over year.

• Homes averaged 41 days on market, compared with 38 days during the same period in 2025.

While weekly prices can fluctuate depending on the types of homes sold, the broader monthly and year-to-date trends continue to point toward a stable and balanced market.

What This Means for Buyers

Buyers continue to benefit from increased inventory, reduced competition, and greater negotiating flexibility than in recent years. With prices remaining stable and more homes available to choose from, today's market provides excellent opportunities for first-time buyers, move-up purchasers, and investors alike.

What This Means for Sellers

Although homes are taking slightly longer to sell than they did a year ago, demand remains healthy for well-priced and professionally marketed properties. Sellers who prepare their homes well and price according to current market conditions continue to achieve successful results.

Market Outlook

Several key fundamentals continue to support Calgary's housing market:

• Continued population growth supporting housing demand.

• Relative affordability compared with other major Canadian cities.

• Balanced inventory creating sustainable market conditions.

• A resilient local economy supporting consumer confidence.

• Continued interest from both homeowners and investors.

These factors continue to position Calgary among Canada's strongest and most resilient housing markets.

Looking Ahead

As the fall real estate season begins, Calgary remains well positioned for continued stability. While sales volumes have moderated from the extraordinary pace of previous years, balanced inventory, resilient pricing, and strong economic fundamentals continue to create opportunities for both buyers and sellers.

Whether you're purchasing your first home, upgrading, downsizing, or investing, Calgary's market continues to offer one of the healthiest environments in Canada for making your next real estate move.