Real Estate Blog

Calgary Real Estate Market Update – September 25, 2026

Calgary’s housing market continues to demonstrate stability as September enters its final stretch. Sales remain nearly identical to last year's pace despite fewer homes entering the market, while inventory remains lower than a year ago. Although price growth has moderated slightly compared with earlier in the month, overall values remain higher than last year, reinforcing the city's strong real estate fundamentals.

Market Overview

As of September 25, Calgary has recorded 1,352 residential sales for the month, representing a modest 0.81% decrease compared with the 1,363 sales recorded during the same period in September 2025. The small difference in sales highlights the resilience of buyer demand despite reduced inventory.

New listings total 2,830 month-to-date, down 9.82% from the 3,138 new listings recorded during the same period last year. While listing activity has improved slightly compared with recent weeks, supply continues to trail last year's levels.

Active inventory currently sits at 6,776 homes, a 5.59% decrease from the 7,177 active listings available one year ago. The continued reduction in available inventory is helping maintain balanced market conditions while supporting home prices.

Monthly Market Snapshot

September 2026 (Month-to-Date)

• Total Sales: 1,352 (-0.81% year over year)

• New Listings: 2,830 (-9.82%)

• Active Listings: 6,776 (-5.59%)

• Median Sale Price: $576,027 (+2.68%)

• Average Sale Price: $647,416 (+5.39%)

• Days on Market: 45 (+7.14%)

September continues to reflect a healthy and balanced market. Sales remain remarkably close to last year's levels, while fewer new listings and lower inventory continue to support stable pricing.

Price Trends

Home values remain resilient despite the market becoming more balanced compared with the exceptionally competitive conditions seen over the past two years.

The August benchmark price remains at $569,800, representing only a modest 1.08% decline from August 2025. Meanwhile, September transaction prices continue to post year-over-year gains.

Current pricing includes:

• Benchmark Price: $569,800 (-1.08%)

• Median Sale Price: $576,027 (+2.68%)

• Average Sale Price: $647,416 (+5.39%)

Although both median and average prices have moderated slightly from earlier September highs, they continue to outperform last year's levels, reflecting steady buyer confidence and healthy market conditions.

Market Pace

Homes are currently taking an average of 45 days to sell, compared with 42 days during the same period last year.

The slight increase in marketing time reflects a balanced market where buyers have more opportunity to evaluate properties, while sellers continue to benefit from limited inventory and consistent demand.

Year-to-Date Market Performance

Through September 24, Calgary has recorded:

• Total Sales: 15,992 (-10.36% year over year)

• New Listings: 30,208 (-9.48%)

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

• Average Sale Price: $645,570 (+2.50%)

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

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

While year-to-date sales remain below the exceptional pace recorded in 2025, Calgary continues to demonstrate impressive pricing stability. The continued increase in average sale prices reflects sustained demand and confidence in the local housing market.

Weekly Market Update (September 18–24)

Compared with the same week in 2025:

• Total Sales: 400 (-4.53%)

• New Listings: 747 (-12.53%)

• Active Listings: 6,776 (-5.59%)

• Median Sale Price: $579,650 (+0.81%)

• Average Sale Price: $625,163 (-2.06%)

• Days on Market: 42 (+2.44%)

The latest weekly results show sales remaining relatively close to last year's levels despite a notable decline in new listings. Inventory continues to tighten, while median pricing remains positive year over year. Although the weekly average sale price dipped slightly, this likely reflects changes in the mix of homes sold rather than weakening market conditions.

What This Means for Buyers

Buyers continue to benefit from a balanced market that offers more choice and slightly longer decision-making time than in previous years. However, inventory remains below last year's levels, meaning well-priced homes in desirable communities continue to attract strong interest.

What This Means for Sellers

Sellers remain in a favourable position as inventory stays below historical levels and buyer demand remains consistent. Proper pricing, professional marketing, and strong presentation continue to be key factors in achieving the best possible results.

Looking Ahead

As Calgary approaches the end of September, seasonal activity is expected to ease gradually. However, declining inventory, healthy pricing, and stable buyer demand suggest the market should remain balanced through the fall. Calgary's ongoing population growth, economic resilience, and relative affordability continue to support long-term housing demand.

Bottom Line

Calgary's real estate market remains healthy and balanced as September winds down. Sales are tracking almost in line with last year despite fewer new listings, while inventory remains lower and home prices continue to post positive year-over-year gains. With stable demand, balanced conditions, and strong long-term fundamentals, Calgary continues to provide excellent opportunities for both buyers and sellers heading into the fall season.