Real Estate Blog

Calgary Real Estate Market Update – September 15, 2026

Calgary’s housing market continues to demonstrate resilience as we reach the midpoint of September. While year-to-date sales remain below 2025 levels, month-to-date activity is outperforming last year, supported by fewer new listings and declining inventory. Home prices continue to show healthy year-over-year gains, reinforcing Calgary's position as one of Canada's most balanced and stable real estate markets.

Market Overview

As of September 15, Calgary has recorded 762 residential sales for the month, representing a 5.54% increase over the 722 sales recorded during the same period in September 2025. Buyer demand has remained steady despite broader market adjustments, helping maintain strong pricing across most housing segments.

New listings total 1,653 month-to-date, down 15.84% from the 1,964 new listings recorded at this point last year. The continued reduction in new inventory is helping keep market conditions balanced while limiting excess supply.

Active inventory currently stands at 6,748 homes, a 6.07% decrease from the 7,184 active listings available one year ago. Although buyers still enjoy more options than they did during Calgary's peak seller's market, inventory continues to tighten compared to last year.

Monthly Market Snapshot

September 2026 (Month-to-Date)

• Total Sales: 762 (+5.54% year over year)

• New Listings: 1,653 (-15.84%)

• Active Listings: 6,748 (-6.07%)

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

• Average Sale Price: $650,905 (+6.01%)

• Days on Market: 46 (+9.52%)

September continues to deliver encouraging results, with stronger sales activity despite a significant decline in new listings. This balance between supply and demand is helping support stable home values throughout the city.

Price Trends

Calgary home prices remain remarkably resilient.

The August benchmark price remains at $569,800, representing just a 1.08% decline from August 2025. Meanwhile, September transaction data continues to show solid gains in both median and average sale prices.

Current pricing includes:

• Benchmark Price: $569,800 (-1.08%)

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

• Average Sale Price: $650,905 (+6.01%)

The continued growth in average sale prices reflects strength in higher-priced market segments, while the median price indicates broad stability across Calgary's housing market.

Market Pace

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

The slightly longer selling timeline reflects a healthier and more balanced marketplace where buyers have additional time to evaluate their options. However, well-priced homes in desirable communities continue to attract strong interest and sell efficiently.

Year-to-Date Market Performance

Through September 14, Calgary has recorded:

• Total Sales: 15,403 (-10.45% year over year)

• New Listings: 29,031 (-9.84%)

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

• Average Sale Price: $645,657 (+2.42%)

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

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

While overall transaction volumes continue to trail 2025, home prices have remained resilient. The combination of stable median pricing and rising average sale prices highlights Calgary's strong market fundamentals despite more balanced conditions.

Weekly Market Update (September 8–14)

Compared with the same week in 2025:

• Total Sales: 404 (-1.94%)

• New Listings: 935 (-1.06%)

• Active Listings: 6,748 (-6.07%)

• Median Sale Price: $564,575 (+1.73%)

• Average Sale Price: $668,320 (+9.64%)

• Days on Market: 46 (+6.98%)

The latest weekly results indicate that sales activity is nearly matching last year's pace while new listing activity remains slightly lower. Strong gains in average sale prices continue to reflect healthy demand, particularly in higher-value market segments, while reduced inventory is helping maintain price stability.

What This Means for Buyers

Buyers continue to benefit from a balanced market with more inventory than the highly competitive conditions seen in recent years. Longer marketing times provide additional opportunities to compare homes and negotiate favourable terms. At the same time, desirable properties that are priced appropriately continue to attract strong interest, making preparation and timely decisions important.

What This Means for Sellers

Sellers remain in a favourable position, particularly those who price strategically and present their homes professionally. With inventory continuing to trend lower than last year and new listings declining, quality homes continue to command strong prices. Proper pricing and effective marketing remain essential for achieving the best results.

Looking Ahead

As Calgary moves further into the fall market, seasonal activity is expected to moderate gradually. However, declining inventory, fewer new listings, and continued price appreciation suggest that market conditions should remain balanced through the coming weeks. Strong population growth, a diversified local economy, and Calgary's relative affordability compared with many major Canadian cities continue to support long-term housing demand.

Bottom Line

Calgary's real estate market remains stable and well-balanced heading into the second half of September. Month-to-date sales continue to outperform last year despite significantly fewer new listings, while both median and average sale prices remain on an upward trajectory. Although year-to-date sales are still below 2025 levels, tightening inventory and continued price growth reinforce Calgary's reputation as one of Canada's strongest and most resilient housing markets, creating excellent opportunities for both buyers and sellers this fall.