Real Estate Blog

Calgary Real Estate Market Update – September 19, 2026

Calgary’s housing market continues to demonstrate resilience as September progresses. Month-to-date sales have now moved ahead of last year's pace despite fewer new listings entering the market, while inventory continues to trend lower. Home prices remain strong, reflecting continued buyer confidence and Calgary's balanced market conditions heading into the fall season.

Market Overview

As of September 19, Calgary has recorded 1,046 residential sales for the month, representing a 3.26% increase over the 1,013 sales recorded during the same period in September 2025. Buyer demand remains steady despite broader market normalization, supporting continued price appreciation across most housing segments.

New listings total 2,272 month-to-date, down 9.88% from the 2,521 new listings recorded during the same period last year. The decline in listing activity continues to help balance supply and demand, preventing inventory from building despite more moderate annual sales volumes.

Active inventory currently stands at 6,801 homes, a 5.34% decrease from the 7,185 active listings available one year ago. Although buyers continue to enjoy more selection than during Calgary's peak seller's market, inventory continues to tighten compared with last fall.

Monthly Market Snapshot

September 2026 (Month-to-Date)

• Total Sales: 1,046 (+3.26% year over year)

• New Listings: 2,272 (-9.88%)

• Active Listings: 6,801 (-5.34%)

• Median Sale Price: $580,000 (+3.57%)

• Average Sale Price: $658,350 (+8.83%)

• Days on Market: 45 (+4.65%)

September continues to post encouraging results with stronger sales despite fewer new listings. Home prices remain on an upward trajectory while inventory continues to tighten, creating balanced market conditions.

Price Trends

Calgary home prices continue to show remarkable stability heading into the second half of September.

The August benchmark price remains at $569,800, representing only a modest 1.08% decline from August 2025. Meanwhile, September transaction data reflects continued strength in both median and average sale prices.

Current pricing includes:

• Benchmark Price: $569,800 (-1.08%)

• Median Sale Price: $580,000 (+3.57%)

• Average Sale Price: $658,350 (+8.83%)

The continued increase in both median and average sale prices highlights healthy demand across all price ranges, with particularly strong activity in higher-value market segments.

Market Pace

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

Marketing times remain balanced, giving buyers additional opportunities to compare available properties while allowing well-priced homes to continue attracting strong interest. Sellers who prepare and price their homes appropriately continue to achieve excellent results.

Year-to-Date Market Performance

Through September 18, Calgary has recorded:

• Total Sales: 15,686 (-10.32% year over year)

• New Listings: 29,650 (-9.48%)

• Median Sale Price: $580,000 (unchanged)

• Average Sale Price: $646,263 (+2.65%)

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

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

Although overall sales volumes remain below last year's exceptional pace, pricing continues to demonstrate impressive resilience. Stable median pricing combined with continued growth in average sale prices reinforces Calgary's strong long-term housing fundamentals.

Weekly Market Update (September 12–18)

Compared with the same week in 2025:

• Total Sales: 421 (-2.77%)

• New Listings: 780 (-14.38%)

• Active Listings: 6,801 (-5.34%)

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

• Average Sale Price: $674,795 (+14.75%)

• Days on Market: 45 (+7.14%)

This week's results show sales remaining close to last year's pace despite a significant reduction in new listings. Strong gains in both median and average sale prices reflect continued buyer demand, while lower inventory levels continue to support home values throughout the Calgary market.

What This Means for Buyers

Buyers continue to benefit from a balanced marketplace offering more selection than in recent years while still enjoying stable pricing. Homes are taking slightly longer to sell than during the peak seller's market, providing additional time for due diligence and negotiation. However, desirable homes that are priced competitively continue to sell quickly.

What This Means for Sellers

Sellers remain in a favourable position as inventory continues to trend lower and buyer demand remains healthy. With fewer new listings entering the market and home prices continuing to rise, well-prepared and properly priced homes are achieving strong results. Professional marketing and strategic pricing remain the keys to maximizing value.

Looking Ahead

As Calgary moves deeper into the fall market, seasonal slowing is expected to continue gradually. However, declining new listing activity, tightening inventory, and sustained price appreciation suggest market conditions should remain balanced throughout the coming weeks. Calgary's continued population growth, diverse economy, and relative affordability compared with many major Canadian cities continue to support long-term housing demand.

Bottom Line

Calgary's real estate market continues to perform well as September progresses. Month-to-date sales have moved ahead of last year's pace despite nearly 10% fewer new listings, while inventory continues to tighten and home prices remain on an upward trajectory. Although year-to-date sales remain below 2025 levels, the combination of resilient demand, declining inventory, and continued price appreciation reinforces Calgary's position as one of Canada's strongest and most balanced housing markets heading into the remainder of the fall season.