Real Estate Blog

Calgary Real Estate Market Update – September 2, 2026

Calgary’s housing market continues to transition toward more balanced conditions as September begins. While buyer activity remains below last year’s pace, inventory levels are holding steady and prices remain resilient. Sellers continue to benefit from healthy demand for well-priced homes, while buyers have more selection than they did a year ago.

Market Snapshot

Monthly (August 2026 vs. August 2025)

Total sales: 1,660 (-16.41%)
New listings: 3,142 (-9.63%)
Active listings: 6,522 (-2.16%)
Benchmark price: $569,800 (-1.08%)
Median price: $565,000 (-0.79%)
Average price: $638,440 (+4.29%)
Days on market: 41 (+7.89%)

Year-to-Date (2026 vs. 2025)

Total sales: 14,708 (-10.82%)
New listings: 27,491 (-9.23%)
Median price: $580,000 (unchanged)
Average price: $645,639 (+2.31%)
Benchmark price: $576,000 (-3.92%)
Days on market: 39 (+14.71%)

September Begins with Stronger Activity

The first day of September saw encouraging activity compared with the same point last year.

September 1, 2026

Total sales: 60 (up 300.00% from 15 on September 1, 2025)
New listings: 112 (up 24.00%)
Active listings: 6,488 (-2.68%)
Median sale price: $590,000 (+5.36%)
Average sale price: $679,156 (+20.22%)
Days on market: 49 (+11.36%)

Weekly Market Activity (August 26 – September 1)

Compared to the same period last year:

Total sales increased to 425, up 5.20%
New listings increased to 677, up 6.45%
Active listings declined 2.68%
Median sale price slipped slightly to $578,000 (-0.52%)
Average sale price eased 1.28% to $627,849
Days on market increased to 42 (+7.69%)

What This Means for Buyers

Inventory remains significantly higher than the extremely tight conditions experienced over the past few years, giving buyers more options and additional time to evaluate properties. While prices have stabilized overall, homes that are accurately priced continue to attract strong interest.

What This Means for Sellers

Although sales activity remains below last year's pace, inventory has also declined, helping prevent significant downward pressure on prices. Sellers who price strategically and prepare their homes well continue to achieve strong results, particularly as average sale prices remain higher than a year ago.

Looking Ahead

As the fall market begins, Calgary continues to demonstrate resilience. Sales remain below the record pace seen previously, but stable inventory levels and modest price adjustments point to a healthier, more balanced market. If buyer confidence improves through September, seasonal activity could provide additional momentum heading into the final quarter of the year.