Real Estate Blog

Calgary Real Estate Market Update – September 12, 2026

Calgary’s real estate market continues to demonstrate resilience as the fall market gains momentum. While year-to-date sales remain below last year's levels, September is showing encouraging signs with stronger monthly sales, fewer new listings, and continued price stability. Buyers are benefiting from a balanced market with more selection, while sellers continue to see strong results when homes are priced competitively and presented well.

Market Overview

As of September 12, Calgary has recorded 625 residential sales for the month, representing a 7.76% increase over the 580 sales recorded during the same period in September 2025. Buyer activity has remained steady despite broader economic uncertainty, reflecting continued confidence in Calgary's housing market.

New listings total 1,492 for the month, down 7.33% from the 1,610 recorded at this point last year. With fewer homes coming onto the market, inventory growth has remained under control despite the seasonal increase in listings.

Active inventory currently stands at 6,825 homes, a 3.29% decline from 7,057 active listings one year ago. Buyers continue to enjoy significantly more choice than they did during the peak seller's market, while inventory remains balanced enough to support stable pricing.

Monthly Market Snapshot

September 2026 (Month-to-Date)

• Total Sales: 625 (+7.76% year over year)

• New Listings: 1,492 (-7.33%)

• Active Listings: 6,825 (-3.29%)

• Median Sale Price: $573,000 (+3.24%)

• Average Sale Price: $647,498 (+4.85%)

• Days on Market: 45 (+4.65%)

September continues to outperform last year's pace in sales while experiencing fewer new listings. This combination is helping maintain balanced market conditions and supporting home values across most property types.

Price Trends

Calgary home prices remain remarkably resilient.

The August benchmark price remains at $569,800, only 1.08% below August 2025, reflecting a modest adjustment rather than a significant market correction.

Current September pricing includes:

• Benchmark Price: $569,800 (-1.08%)

• Median Sale Price: $573,000 (+3.24%)

• Average Sale Price: $647,498 (+4.85%)

The continued increase in both median and average sale prices suggests buyers remain willing to pay for well-located, well-maintained properties, particularly in desirable neighbourhoods.

Market Pace

Homes are currently taking an average of 45 days to sell, compared with 43 days during the same period last year.

This slightly longer marketing time reflects a healthier, more balanced market where buyers have greater opportunity to compare properties and complete due diligence without the intense competition experienced over the past several years.

Year-to-Date Market Performance

Through September 11, Calgary has recorded:

• Total Sales: 15,266 (-10.51% year over year)

• New Listings: 28,869 (-9.35%)

• Median Price: $580,000 (unchanged)

• Average Price: $645,471 (+2.35%)

• Benchmark Price: $569,800 (-3.92% compared with August 2025)

• Average Days on Market: 39 (+14.71%)

Although overall transaction volume remains below 2025, pricing continues to hold firm. Stable median pricing and rising average sale prices reinforce Calgary's long-term market strength and continued buyer confidence.

Weekly Market Update (September 5–11)

Compared with the same week in 2025:

• Total Sales: 347 (-16.18%)

• New Listings: 907 (-6.30%)

• Active Listings: 6,825 (-3.29%)

• Median Sale Price: $588,000 (+4.07%)

• Average Sale Price: $675,019 (+7.72%)

• Days on Market: 44 (+4.76%)

The latest weekly results show that while sales eased compared to the same week last year, price growth remained strong. Higher median and average sale prices indicate continued demand for quality homes, even as buyers take a more measured approach.

What This Means for Buyers

Buyers continue to benefit from balanced market conditions, improved inventory, and slightly longer marketing times. There is more opportunity to negotiate on price, conditions, and possession dates than during Calgary's recent seller's market. However, desirable homes that are priced appropriately continue to attract multiple buyers and sell quickly.

What This Means for Sellers

Sellers remain in a favourable position, particularly those who price strategically and invest in professional marketing. With new listings down and inventory lower than last year, well-presented homes continue to stand out and achieve strong sale prices. Today's market rewards preparation and accurate pricing more than ever.

Looking Ahead

As Calgary moves deeper into the fall market, seasonal activity is expected to moderate gradually. However, declining new listings, stable inventory, and resilient pricing suggest market conditions should remain balanced through the coming weeks. Strong population growth, a healthy local economy, and continued affordability relative to other major Canadian cities continue to provide a solid foundation for Calgary's housing market.

Bottom Line

September continues to deliver encouraging results for Calgary's real estate market. Sales are running ahead of last year's pace, new listings remain lower, and home prices continue to post modest year-over-year gains. While year-to-date sales remain below 2025 levels, Calgary's market remains balanced, stable, and well-positioned heading into the remainder of the fall season, creating opportunities for both buyers and sellers who are prepared with the right strategy.