Real Estate Blog

Calgary Real Estate Market Update – September 13, 2026

Calgary’s housing market continues to demonstrate resilience as we move further into September. While year-to-date sales remain below 2025 levels, the month has started on a stronger footing, with sales slightly outpacing last year despite fewer new listings entering the market. Inventory remains elevated compared to historical norms, giving buyers more options, while home prices continue to post healthy year-over-year gains.

Market Overview

As of September 13, Calgary has recorded 676 residential sales for the month, representing a 1.50% increase over the 666 sales recorded during the same period in September 2025. Although the pace of sales growth has moderated compared to earlier in the month, demand remains steady and continues to support pricing.

New listings total 1,555 month-to-date, down 15.95% from the 1,850 listings recorded at this point last year. This notable decline in new inventory is helping balance the market despite softer annual sales activity.

Active inventory currently stands at 6,816 properties, a 4.70% decrease from the 7,152 active listings available one year ago. Buyers continue to enjoy more selection than they did during Calgary's recent seller's market, while inventory remains supportive of stable market conditions.

Monthly Market Snapshot

September 2026 (Month-to-Date)

• Total Sales: 676 (+1.50% year over year)

• New Listings: 1,555 (-15.95%)

• Active Listings: 6,816 (-4.70%)

• Median Sale Price: $570,000 (+2.70%)

• Average Sale Price: $651,782 (+6.18%)

• Days on Market: 46 (+9.52%)

September continues to reflect a healthier balance between supply and demand. Sales remain slightly ahead of last year's pace despite substantially fewer homes coming onto the market, while prices continue to show steady appreciation.

Price Trends

Calgary home values continue to hold firm.

The August benchmark price remains at $569,800, representing only a 1.08% decline compared to August 2025. Meanwhile, September's median and average sale prices continue to outperform last year's figures.

Current pricing includes:

• Benchmark Price: $569,800 (-1.08%)

• Median Sale Price: $570,000 (+2.70%)

• Average Sale Price: $651,782 (+6.18%)

The stronger increase in average sale price suggests continued activity in higher-priced market segments, while the median price reflects stable appreciation across the broader market.

Market Pace

Homes are currently taking an average of 46 days to sell, compared with 42 days during the same period last year.

While buyers are taking slightly longer to make purchasing decisions, properly priced homes continue to attract strong interest. The additional time on market reflects a healthier, more balanced environment where buyers can make more informed decisions without the urgency experienced during previous seller's markets.

Year-to-Date Market Performance

Through September 12, Calgary has recorded:

• Total Sales: 15,317 (-10.66% year over year)

• New Listings: 28,933 (-9.82%)

• Median Sale Price: $579,900 (-0.02%)

• Average Sale Price: $645,666 (+2.41%)

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

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

Year-to-date results continue to show lower transaction volumes than 2025, but pricing remains remarkably resilient. Stable median pricing and increasing average sale prices highlight Calgary's strong market fundamentals despite more balanced conditions.

Weekly Market Update (September 6–12)

Compared with the same week in 2025:

• Total Sales: 366 (-11.81%)

• New Listings: 907 (-5.62%)

• Active Listings: 6,816 (-4.70%)

• Median Sale Price: $575,000 (+3.60%)

• Average Sale Price: $672,947 (+8.92%)

• Days on Market: 46 (+9.52%)

The latest weekly results show that although sales activity softened compared to the same period last year, home prices continued to strengthen. Fewer new listings and lower active inventory helped support pricing throughout the week, particularly in higher-demand neighbourhoods.

What This Means for Buyers

Buyers continue to benefit from improved market balance and greater housing choice than they experienced over the past several years. Longer marketing times allow for more thoughtful purchasing decisions and stronger negotiating opportunities, although well-priced homes in desirable communities continue to attract significant interest.

What This Means for Sellers

Sellers remain well-positioned, particularly when homes are priced accurately and professionally marketed. While buyers have more options than they did during the peak seller's market, the continued strength in both median and average sale prices demonstrates that demand remains healthy for quality properties. Strategic pricing and strong presentation continue to be the keys to achieving top results.

Looking Ahead

As Calgary progresses through the fall market, seasonal slowing is expected to continue. However, declining new listing activity, stable inventory levels, and resilient pricing suggest that market conditions should remain balanced through the coming weeks. Calgary's strong population growth, diversified economy, and relative affordability compared with many other major Canadian cities continue to provide a solid foundation for long-term housing demand.

Bottom Line

Calgary's housing market remains stable, balanced, and resilient. September sales continue to edge ahead of last year's pace despite significantly fewer new listings, while average home prices have increased more than 6% year over year. Although year-to-date sales remain below 2025 levels, steady demand, declining inventory, and continued price appreciation create favourable opportunities for both buyers and sellers heading into the remainder of the fall market.